LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
66.88 USD
-1.63 (-2.38%)
66.82 USD
-0.06 (-0.09%)
LVS gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. There are concerns on the financial health of LVS while its profitability can be described as average. LVS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year LVS was profitable.
LVS had a positive operating cash flow in the past year.
In multiple years LVS reported negative net income over the last 5 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
The Return On Assets of LVS (7.24%) is better than 75.76% of its industry peers.
The Return On Equity of LVS (99.05%) is better than 95.45% of its industry peers.
The Return On Invested Capital of LVS (14.11%) is better than 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.24% | ||
| ROE | 99.05% | ||
| ROIC | 14.11% |
ROA(3y)6.97%
ROA(5y)1.61%
ROE(3y)42.33%
ROE(5y)4.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 12.69%, LVS belongs to the best of the industry, outperforming 81.06% 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 22.77%, LVS belongs to the best of the industry, outperforming 85.61% of the companies in the same industry.
In the last couple of years the Operating Margin of LVS has declined.
LVS has a Gross Margin (47.68%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of LVS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.77% | ||
| PM (TTM) | 12.69% | ||
| GM | 47.68% |
OM growth 3YN/A
OM growth 5Y-5.25%
PM growth 3YN/A
PM growth 5Y-10.47%
GM growth 3Y8.77%
GM growth 5Y-0.34%
2. Health
2.1 Basic Checks
LVS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
LVS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, LVS has less shares outstanding
LVS has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.60 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
LVS's Altman-Z score of 2.60 is fine compared to the rest of the industry. LVS outperforms 71.21% of its industry peers.
The Debt to FCF ratio of LVS is 12.98, which is on the high side as it means it would take LVS, 12.98 years of fcf income to pay off all of its debts.
LVS has a Debt to FCF ratio of 12.98. This is comparable to the rest of the industry: LVS outperforms 53.03% of its industry peers.
LVS has a Debt/Equity ratio of 8.82. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 8.82, LVS is not doing good in the industry: 65.15% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.6 |
ROIC/WACC1.78
WACC7.93%
2.3 Liquidity
A Current Ratio of 0.89 indicates that LVS may have some problems paying its short term obligations.
With a Current ratio value of 0.89, LVS perfoms like the industry average, outperforming 47.73% of the companies in the same industry.
A Quick Ratio of 0.88 indicates that LVS may have some problems paying its short term obligations.
LVS has a Quick ratio (0.88) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
LVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.88%, which is quite good.
The Earnings Per Share has been decreasing by -6.90% on average over the past years.
Looking at the last year, LVS shows a quite strong growth in Revenue. The Revenue has grown by 8.37% in the last year.
The Revenue has been decreasing by -1.41% on average over the past years.
EPS 1Y (TTM)16.88%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%77.27%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
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 19.58% on average per year.
The Revenue is expected to grow by 7.54% on average over the next years.
EPS Next Y28.73%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
EPS Next 5Y19.58%
Revenue Next Year11.85%
Revenue Next 2Y8.45%
Revenue Next 3Y7.15%
Revenue Next 5Y7.54%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue 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 24.77, the valuation of LVS can be described as rather expensive.
60.61% of the companies in the same industry are more expensive than LVS, based on the Price/Earnings ratio.
LVS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 26.37.
The Price/Forward Earnings ratio is 20.64, which indicates a rather expensive current valuation of LVS.
The rest of the industry has a similar Price/Forward Earnings ratio as LVS.
The average S&P500 Price/Forward Earnings ratio is at 36.20. LVS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.77 | ||
| Fwd PE | 20.64 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LVS is on the same level as its industry peers.
The rest of the industry has a similar Price/Free Cash Flow ratio as LVS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 37.22 | ||
| EV/EBITDA | 13.36 |
4.3 Compensation for Growth
LVS's 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 16.36% in the coming years.
PEG (NY)0.86
PEG (5Y)N/A
EPS Next 2Y19.23%
EPS Next 3Y16.36%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.47%, LVS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 7.72, LVS pays a bit more dividend than its industry peers.
Compared to the average S&P500 Dividend Yield of 2.32, LVS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
5.2 History
The dividend of LVS decreases each year by -26.75%.
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)-26.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
LVS pays out 51.99% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.99%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
66.88
-1.63 (-2.38%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners45.68%
Inst Owner Change-4.07%
Ins Owners26.07%
Ins Owner Change-0.03%
Market Cap45.22B
Revenue(TTM)12.26B
Net Income(TTM)1.56B
Analysts80
Price Target67.03 (0.22%)
Short Float %3.16%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.47% |
Yearly Dividend0.8
Dividend Growth(5Y)-26.75%
DP51.99%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.4%
Min EPS beat(2)28.55%
Max EPS beat(2)48.26%
EPS beat(4)3
Avg EPS beat(4)17.97%
Min EPS beat(4)-7.85%
Max EPS beat(4)48.26%
EPS beat(8)4
Avg EPS beat(8)7.8%
EPS beat(12)7
Avg EPS beat(12)-0.58%
EPS beat(16)8
Avg EPS beat(16)-5.81%
Revenue beat(2)2
Avg Revenue beat(2)9.97%
Min Revenue beat(2)8.89%
Max Revenue beat(2)11.05%
Revenue beat(4)2
Avg Revenue beat(4)4.43%
Min Revenue beat(4)-2.09%
Max Revenue beat(4)11.05%
Revenue beat(8)2
Avg Revenue beat(8)1.22%
Revenue beat(12)5
Avg Revenue beat(12)1.99%
Revenue beat(16)7
Avg Revenue beat(16)0.53%
PT rev (1m)0.46%
PT rev (3m)12.79%
EPS NQ rev (1m)3.52%
EPS NQ rev (3m)13.94%
EPS NY rev (1m)8.89%
EPS NY rev (3m)9.13%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)4.52%
Revenue NY rev (1m)3.36%
Revenue NY rev (3m)3.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.77 | ||
| Fwd PE | 20.64 | ||
| P/S | 3.69 | ||
| P/FCF | 37.22 | ||
| P/OCF | 16.54 | ||
| P/B | 28.78 | ||
| P/tB | 46.19 | ||
| EV/EBITDA | 13.36 |
EPS(TTM)2.7
EY4.04%
EPS(NY)3.24
Fwd EY4.85%
FCF(TTM)1.8
FCFY2.69%
OCF(TTM)4.04
OCFY6.05%
SpS18.14
BVpS2.32
TBVpS1.45
PEG (NY)0.86
PEG (5Y)N/A
Graham Number11.88
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.24% | ||
| ROE | 99.05% | ||
| ROCE | 16.59% | ||
| ROIC | 14.11% | ||
| ROICexc | 17.61% | ||
| ROICexgc | 18.42% | ||
| OM | 22.77% | ||
| PM (TTM) | 12.69% | ||
| GM | 47.68% | ||
| FCFM | 9.91% |
ROA(3y)6.97%
ROA(5y)1.61%
ROE(3y)42.33%
ROE(5y)4.43%
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
ROICexgc growth 3YN/A
ROICexgc growth 5Y0.93%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.02%
OM growth 3YN/A
OM growth 5Y-5.25%
PM growth 3YN/A
PM growth 5Y-10.47%
GM growth 3Y8.77%
GM growth 5Y-0.34%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Debt/EBITDA | 3.21 | ||
| Cap/Depr | 99.93% | ||
| Cap/Sales | 12.39% | ||
| Interest Coverage | 4.27 | ||
| Cash Conversion | 63.39% | ||
| Profit Quality | 78.08% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 2.6 |
F-Score6
WACC7.93%
ROIC/WACC1.78
Cap/Depr(3y)95.43%
Cap/Depr(5y)95.88%
Cap/Sales(3y)15.03%
Cap/Sales(5y)21.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.88%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%77.27%
EPS Next Y28.73%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
EPS Next 5Y19.58%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
Revenue Next Year11.85%
Revenue Next 2Y8.45%
Revenue Next 3Y7.15%
Revenue Next 5Y7.54%
EBIT growth 1Y8.76%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year79.24%
EBIT Next 3Y25.81%
EBIT Next 5Y21.68%
FCF growth 1Y19.47%
FCF growth 3YN/A
FCF growth 5Y-3.76%
OCF growth 1Y29.15%
OCF growth 3Y497.77%
OCF growth 5Y1.07%
LAS VEGAS SANDS CORP / LVS FAQ
What is the fundamental rating for LVS stock?
ChartMill assigns a fundamental rating of 4 / 10 to LVS.
Can you provide the valuation status for LAS VEGAS SANDS CORP?
ChartMill assigns a valuation rating of 3 / 10 to LAS VEGAS SANDS CORP (LVS). This can be considered as Overvalued.
Can you provide the profitability details for LAS VEGAS SANDS CORP?
LAS VEGAS SANDS CORP (LVS) has a profitability rating of 5 / 10.
What is the financial health of LAS VEGAS SANDS CORP (LVS) stock?
The financial health rating of LAS VEGAS SANDS CORP (LVS) is 3 / 10.
What is the earnings growth outlook for LAS VEGAS SANDS CORP?
The Earnings per Share (EPS) of LAS VEGAS SANDS CORP (LVS) is expected to grow by 28.73% in the next year.