LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
66.43 USD
-0.65 (-0.97%)
66.43 USD
0 (0%)
We assign a fundamental rating of 4 out of 10 to LVS. LVS was compared to 131 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 is quite expensive at the moment. It does show a decent 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.
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's Return On Assets of 7.24% is fine compared to the rest of the industry. LVS outperforms 75.57% of its industry peers.
Looking at the Return On Equity, with a value of 99.05%, LVS belongs to the top of the industry, outperforming 95.42% of the companies in the same industry.
LVS has a better Return On Invested Capital (14.11%) than 81.68% 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
Looking at the Profit Margin, with a value of 12.69%, LVS belongs to the top of the industry, outperforming 80.92% of the companies in the same industry.
LVS's Profit Margin has declined in the last couple of years.
LVS has a better Operating Margin (22.77%) than 85.50% of its industry peers.
LVS's Operating Margin has declined in the last couple of years.
LVS's Gross Margin of 47.68% is in line compared to the rest of the industry. LVS outperforms 53.44% of its industry peers.
LVS's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LVS is creating some value.
The number of shares outstanding for LVS has been reduced compared to 1 year ago.
The number of shares outstanding for LVS has been reduced compared to 5 years ago.
LVS has a worse debt/assets ratio than last year.
2.2 Solvency
LVS has an Altman-Z score of 2.61. 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 (2.61) is better than 71.76% 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 (12.98) which is in line with 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: 66.41% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.61 |
ROIC/WACC1.72
WACC8.18%
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 46.56% 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.
Looking at the Quick ratio, with a value of 0.88, LVS is in line with its industry, outperforming 48.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.88% over the past year.
Measured over the past years, LVS shows a decrease in Earnings Per Share. The EPS has been decreasing by -6.90% on average per year.
LVS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.37%.
Measured over the past years, LVS shows a decrease in Revenue. The Revenue has been decreasing by -1.41% on average per year.
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
LVS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.58% yearly.
Based on estimates for the next years, LVS will show a small growth in Revenue. The Revenue will grow by 7.54% on average per year.
EPS Next Y28.78%
EPS Next 2Y18.78%
EPS Next 3Y15.99%
EPS Next 5Y19.58%
Revenue Next Year11.88%
Revenue Next 2Y8.65%
Revenue Next 3Y7.22%
Revenue Next 5Y7.54%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 24.60, the valuation of LVS can be described as rather expensive.
The rest of the industry has a similar Price/Earnings ratio as LVS.
When comparing the Price/Earnings ratio of LVS to the average of the S&P500 Index (26.28), we can say LVS is valued inline with the index average.
LVS is valuated rather expensively with a Price/Forward Earnings ratio of 20.65.
Based on the Price/Forward Earnings ratio, LVS is valued a bit cheaper than the industry average as 60.31% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of LVS to the average of the S&P500 Index (23.52), we can say LVS is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 20.65 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LVS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.97 | ||
| EV/EBITDA | 13.4 |
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.
LVS's earnings are expected to grow with 15.99% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y18.78%
EPS Next 3Y15.99%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.51%. 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 3.84.
Compared to the average S&P500 Dividend Yield of 2.31, LVS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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.
The dividend of LVS decreased 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 2Y18.78%
EPS Next 3Y15.99%
66.43
-0.65 (-0.97%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners42.4%
Inst Owner Change-4.02%
Ins Owners26.46%
Ins Owner Change-0.07%
Market Cap44.92B
Revenue(TTM)12.26B
Net Income(TTM)1.56B
Analysts79.2
Price Target67.53 (1.66%)
Short Float %3.16%
Short Ratio1.67
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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)1.2%
PT rev (3m)12.49%
EPS NQ rev (1m)0.94%
EPS NQ rev (3m)13.81%
EPS NY rev (1m)0.04%
EPS NY rev (3m)9.17%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)4.45%
Revenue NY rev (1m)0.03%
Revenue NY rev (3m)3.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.6 | ||
| Fwd PE | 20.65 | ||
| P/S | 3.66 | ||
| P/FCF | 36.97 | ||
| P/OCF | 16.43 | ||
| P/B | 28.59 | ||
| P/tB | 45.88 | ||
| EV/EBITDA | 13.4 |
EPS(TTM)2.7
EY4.06%
EPS(NY)3.22
Fwd EY4.84%
FCF(TTM)1.8
FCFY2.71%
OCF(TTM)4.04
OCFY6.09%
SpS18.14
BVpS2.32
TBVpS1.45
PEG (NY)0.85
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 | 2.61 |
F-Score6
WACC8.18%
ROIC/WACC1.72
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 Y28.78%
EPS Next 2Y18.78%
EPS Next 3Y15.99%
EPS Next 5Y19.58%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
Revenue Next Year11.88%
Revenue Next 2Y8.65%
Revenue Next 3Y7.22%
Revenue Next 5Y7.54%
EBIT growth 1Y8.76%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year89.22%
EBIT Next 3Y28.15%
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 28.78% in the next year.