LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
59.95 USD
+0.01 (+0.02%)
59.4669 USD
-0.48 (-0.81%)
Overall LVS gets a fundamental rating of 4 out of 10. We evaluated LVS against 132 industry peers in the Hotels, Restaurants & Leisure industry. While LVS is still in line with the averages on profitability rating, there are concerns on its financial health. LVS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- LVS had positive earnings in the past year.
- 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 76.69% of its industry peers.
- LVS has a Return On Equity of 99.05%. This is amongst the best in the industry. LVS outperforms 94.74% of its industry peers.
- LVS has a Return On Invested Capital of 14.11%. This is amongst the best in the industry. LVS outperforms 81.95% 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
- LVS's Profit Margin of 12.69% is amongst the best of the industry. LVS outperforms 81.20% of its industry peers.
- In the last couple of years the Profit Margin of LVS has declined.
- LVS's Operating Margin of 22.77% is amongst the best of the industry. LVS outperforms 85.71% of its industry peers.
- LVS's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 47.68%, LVS perfoms like the industry average, outperforming 54.14% of the companies in the same 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
- 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.
- LVS has less shares outstanding than it did 5 years ago.
- The debt/assets ratio for LVS is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 2.46 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- LVS has a better Altman-Z score (2.46) than 64.66% 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's Debt to FCF ratio of 12.98 is in line compared to the rest of the industry. LVS outperforms 54.14% of its industry peers.
- A Debt/Equity ratio of 8.82 is on the high side and indicates that LVS has dependencies on debt financing.
- LVS has a worse Debt to Equity ratio (8.82) than 66.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.46 |
ROIC/WACC1.77
WACC7.97%
2.3 Liquidity
- LVS has a Current Ratio of 0.89. 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 has a Current ratio (0.89) which is in line with its industry peers.
- A Quick Ratio of 0.88 indicates that LVS may have some problems paying its short term obligations.
- With a Quick ratio value of 0.88, LVS perfoms like the industry average, outperforming 50.38% of the companies in the same industry.
| 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.
- 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%.
- LVS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.41% yearly.
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.
- LVS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.54% yearly.
EPS Next Y29.41%
EPS Next 2Y19.22%
EPS Next 3Y17.1%
EPS Next 5Y19.58%
Revenue Next Year12.22%
Revenue Next 2Y8.92%
Revenue Next 3Y7.6%
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.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
- LVS is valuated rather expensively with a Price/Earnings ratio of 22.20.
- Based on the Price/Earnings ratio, LVS is valued a bit cheaper than the industry average as 63.91% of the companies are valued more expensively.
- LVS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.21, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 18.50, which indicates a rather expensive current valuation of LVS.
- 66.17% of the companies in the same industry are more expensive than LVS, based on the Price/Forward Earnings ratio.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. LVS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.2 | ||
| Fwd PE | 18.5 |
4.2 Price Multiples
- LVS's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as LVS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.36 | ||
| EV/EBITDA | 12.28 |
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 17.10% in the coming years.
PEG (NY)0.76
PEG (5Y)N/A
EPS Next 2Y19.22%
EPS Next 3Y17.1%
5. Dividend
5.1 Amount
- LVS has a Yearly Dividend Yield of 1.67%. Purely for dividend investing, there may be better candidates out there.
- Compared to an average industry Dividend Yield of 1.21, LVS pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.81, LVS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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
- 51.99% of the earnings are spent on dividend by LVS. This is a bit on the high side, but may be sustainable.
DP51.99%
EPS Next 2Y19.22%
EPS Next 3Y17.1%
LAS VEGAS SANDS CORP / LVS FAQ
What is the fundamental rating for LVS stock?
ChartMill assigns a fundamental rating of 4 / 10 to LVS.
What is the valuation status for LVS stock?
ChartMill assigns a valuation rating of 4 / 10 to LAS VEGAS SANDS CORP (LVS). This can be considered as Fairly Valued.
Can you provide the profitability details for LAS VEGAS SANDS CORP?
LAS VEGAS SANDS CORP (LVS) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for LVS stock?
The Price/Earnings (PE) ratio for LAS VEGAS SANDS CORP (LVS) is 22.2 and the Price/Book (PB) ratio is 25.8.
Can you provide the dividend sustainability for LVS stock?
The dividend rating of LAS VEGAS SANDS CORP (LVS) is 4 / 10 and the dividend payout ratio is 51.99%.