LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
NYSE:LVS - New York Stock Exchange, Inc. - US5178341070 - Common Stock - Currency: USD
Overall LVS gets a fundamental rating of 4 out of 10. We evaluated LVS against 134 industry peers in the Hotels, Restaurants & Leisure industry. LVS has a medium profitability rating, but doesn't score so well on its financial health evaluation. LVS has a valuation in line with the averages, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year LVS was profitable.
LVS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LVS reported negative net income in multiple years.
The reported operating cash flow has been mixed in the past 5 years: LVS reported negative operating cash flow in multiple years.
1.2 Ratios
LVS has a better Return On Assets (7.04%) than 77.86% of its industry peers.
LVS's Return On Equity of 43.90% is amongst the best of the industry. LVS outperforms 93.89% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.94%, LVS belongs to the top of the industry, outperforming 80.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.04% | ||
| ROE | 43.9% | ||
| ROIC | 12.94% |
ROA(3y)3.04%
ROA(5y)2.53%
ROE(3y)9.57%
ROE(5y)4.81%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 13.29%, LVS is doing good in the industry, outperforming 79.39% of the companies in the same industry.
In the last couple of years the Profit Margin of LVS has declined.
With an excellent Operating Margin value of 22.69%, LVS belongs to the best of the industry, outperforming 83.97% of the companies in the same industry.
LVS's Operating Margin has declined in the last couple of years.
The Gross Margin of LVS (49.41%) is comparable to the rest of the industry.
LVS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.69% | ||
| PM (TTM) | 13.29% | ||
| GM | 49.41% |
OM growth 3YN/A
OM growth 5Y-4.51%
PM growth 3YN/A
PM growth 5Y-7.7%
GM growth 3Y21.28%
GM growth 5Y0.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LVS is creating some value.
There is no outstanding debt for LVS. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
LVS has an Altman-Z score of 2.17. This is not the best score and indicates that LVS is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of LVS (2.17) is better than 60.31% of its industry peers.
LVS has a debt to FCF ratio of 7.24. This is a slightly negative value and a sign of low solvency as LVS would need 7.24 years to pay back of all of its debts.
LVS has a better Debt to FCF ratio (7.24) than 67.18% of its industry peers.
LVS has a Debt/Equity ratio of 3.29. This is a high value indicating a heavy dependency on external financing.
LVS has a Debt to Equity ratio (3.29) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.29 | ||
| Debt/FCF | 7.24 | ||
| Altman-Z | 2.17 |
ROIC/WACC1.65
WACC7.85%
2.3 Liquidity
LVS has a Current Ratio of 0.90. This is a bad value and indicates that LVS is not financially healthy enough and could expect problems in meeting its short term obligations.
LVS's Current ratio of 0.90 is in line compared to the rest of the industry. LVS outperforms 51.91% of its industry peers.
A Quick Ratio of 0.89 indicates that LVS may have some problems paying its short term obligations.
The Quick ratio of LVS (0.89) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 22.58% over the past year.
LVS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.90% yearly.
EPS 1Y (TTM)22.58%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%-5.26%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.65%
3.2 Future
Based on estimates for the next years, LVS will show a quite strong growth in Earnings Per Share. The EPS will grow by 17.57% on average per year.
The Revenue is expected to grow by 6.57% on average over the next years.
EPS Next Y22.04%
EPS Next 2Y17.99%
EPS Next 3Y19.58%
EPS Next 5Y17.57%
Revenue Next Year9.56%
Revenue Next 2Y7.12%
Revenue Next 3Y6.53%
Revenue Next 5Y6.57%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 19.05, the valuation of LVS can be described as rather expensive.
Compared to the rest of the industry, the Price/Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 73.28% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of LVS to the average of the S&P500 Index (28.28), we can say LVS is valued slightly cheaper.
LVS is valuated correctly with a Price/Forward Earnings ratio of 15.61.
LVS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LVS is cheaper than 79.39% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of LVS to the average of the S&P500 Index (91.29), we can say LVS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.05 | ||
| Fwd PE | 15.61 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 65.65% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, LVS is valued cheaper than 80.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.26 | ||
| EV/EBITDA | 10.53 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as LVS's earnings are expected to grow with 19.58% in the coming years.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y17.99%
EPS Next 3Y19.58%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.85%. Purely for dividend investing, there may be better candidates out there.
LVS's Dividend Yield is a higher than the industry average which is at 2.89.
LVS's Dividend Yield is comparable with the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
5.2 History
The dividend of LVS decreases each year by -35.90%.
LVS has been paying a dividend for at least 10 years, so it has a reliable track record.
LVS has decreased its dividend recently.
Dividend Growth(5Y)-35.9%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
39.69% of the earnings are spent on dividend by LVS. This is a low number and sustainable payout ratio.
DP39.69%
EPS Next 2Y17.99%
EPS Next 3Y19.58%
LAS VEGAS SANDS CORP
NYSE:LVS (1/29/2025, 8:04:00 PM)
After market: 46.64 +3.21 (+7.39%)43.43
+0.2 (+0.46%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners47.3%
Inst Owner Change0.02%
Ins Owners22.39%
Ins Owner Change0%
Market Cap31.49B
Analysts78.33
Price Target60.2 (38.61%)
Short Float %6.8%
Short Ratio4.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.85% |
Yearly Dividend0.4
Dividend Growth(5Y)-35.9%
DP39.69%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-10.9%
Min EPS beat(2)-18.44%
Max EPS beat(2)-3.36%
EPS beat(4)1
Avg EPS beat(4)-2.37%
Min EPS beat(4)-18.44%
Max EPS beat(4)20.22%
EPS beat(8)4
Avg EPS beat(8)-9.86%
EPS beat(12)5
Avg EPS beat(12)-13.74%
EPS beat(16)6
Avg EPS beat(16)-22.2%
Revenue beat(2)0
Avg Revenue beat(2)-3.5%
Min Revenue beat(2)-4.52%
Max Revenue beat(2)-2.47%
Revenue beat(4)0
Avg Revenue beat(4)-1.99%
Min Revenue beat(4)-4.52%
Max Revenue beat(4)-0.37%
Revenue beat(8)3
Avg Revenue beat(8)0.77%
Revenue beat(12)5
Avg Revenue beat(12)-0.77%
Revenue beat(16)5
Avg Revenue beat(16)-5.7%
PT rev (1m)1.26%
PT rev (3m)7.14%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.14%
EPS NY rev (1m)0%
EPS NY rev (3m)-4.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.03%
Revenue NY rev (1m)-0.11%
Revenue NY rev (3m)-1.13%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.05 | ||
| Fwd PE | 15.61 | ||
| P/S | 2.78 | ||
| P/FCF | 16.26 | ||
| P/OCF | 9.56 | ||
| P/B | 9.19 | ||
| P/tB | 10.99 | ||
| EV/EBITDA | 10.53 |
EPS(TTM)2.28
EY5.25%
EPS(NY)2.78
Fwd EY6.41%
FCF(TTM)2.67
FCFY6.15%
OCF(TTM)4.54
OCFY10.46%
SpS15.61
BVpS4.73
TBVpS3.95
PEG (NY)0.86
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.04% | ||
| ROE | 43.9% | ||
| ROCE | 16.05% | ||
| ROIC | 12.94% | ||
| ROICexc | 17.55% | ||
| ROICexgc | 18.43% | ||
| OM | 22.69% | ||
| PM (TTM) | 13.29% | ||
| GM | 49.41% | ||
| FCFM | 17.11% |
ROA(3y)3.04%
ROA(5y)2.53%
ROE(3y)9.57%
ROE(5y)4.81%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-5.46%
ROICexc growth 3YN/A
ROICexc growth 5Y-6.31%
OM growth 3YN/A
OM growth 5Y-4.51%
PM growth 3YN/A
PM growth 5Y-7.7%
GM growth 3Y21.28%
GM growth 5Y0.25%
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.29 | ||
| Debt/FCF | 7.24 | ||
| Debt/EBITDA | 2.88 | ||
| Cap/Depr | 100.44% | ||
| Cap/Sales | 12.01% | ||
| Interest Coverage | 4.02 | ||
| Cash Conversion | 84.03% | ||
| Profit Quality | 128.72% | ||
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 2.17 |
F-Score8
WACC7.85%
ROIC/WACC1.65
Cap/Depr(3y)82.42%
Cap/Depr(5y)92.78%
Cap/Sales(3y)16.97%
Cap/Sales(5y)20.3%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.58%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%-5.26%
EPS Next Y22.04%
EPS Next 2Y17.99%
EPS Next 3Y19.58%
EPS Next 5Y17.57%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-0.65%
Revenue Next Year9.56%
Revenue Next 2Y7.12%
Revenue Next 3Y6.53%
Revenue Next 5Y6.57%
EBIT growth 1Y75.89%
EBIT growth 3YN/A
EBIT growth 5Y-9.72%
EBIT Next Year76.04%
EBIT Next 3Y28.24%
EBIT Next 5Y20.86%
FCF growth 1Y249.85%
FCF growth 3YN/A
FCF growth 5Y-12.09%
OCF growth 1Y772.45%
OCF growth 3YN/A
OCF growth 5Y-7.25%