LAS VEGAS SANDS CORP (LVS)
US5178341070 - Common Stock
LVS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of LVS get a neutral evaluation. Nothing too spectacular is happening here. LVS has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
LVS had positive earnings in the past year.
In the past year LVS had a positive cash flow from operations.
In multiple years LVS reported negative net income over the last 5 years.
In multiple years LVS reported negative operating cash flow during the last 5 years.
1.2 Ratios
LVS has a Return On Assets of 7.04%. This is in the better half of the industry: LVS outperforms 78.95% of its industry peers.
LVS has a better Return On Equity (43.90%) than 93.98% of its industry peers.
LVS's Return On Invested Capital of 12.94% is amongst the best of the industry. LVS outperforms 81.20% of its industry peers.
| 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
LVS has a Profit Margin of 13.29%. This is in the better half of the industry: LVS outperforms 79.70% of its industry peers.
LVS's Profit Margin has declined in the last couple of years.
LVS has a Operating Margin of 22.69%. This is amongst the best in the industry. LVS outperforms 84.21% of its industry peers.
In the last couple of years the Operating Margin of LVS has declined.
LVS has a Gross Margin (49.41%) 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 | 22.69% | ||
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LVS is still 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.
LVS has a better debt/assets ratio than last year.
2.2 Solvency
LVS has an Altman-Z score of 2.37. 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.
LVS has a better Altman-Z score (2.37) than 66.92% of its industry peers.
The Debt to FCF ratio of LVS is 7.24, which is on the high side as it means it would take LVS, 7.24 years of fcf income to pay off all of its debts.
LVS has a better Debt to FCF ratio (7.24) than 66.92% 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.
With a Debt to Equity ratio value of 3.29, LVS perfoms like the industry average, outperforming 47.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.29 | ||
| Debt/FCF | 7.24 | ||
| Altman-Z | 2.37 |
ROIC/WACC1.65
WACC7.82%
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.
The Current ratio of LVS (0.90) is comparable to the rest of the industry.
LVS has a Quick 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 Quick ratio of 0.89 is in line compared to the rest of the industry. LVS outperforms 53.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.9 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
LVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 110.00%, which is quite impressive.
LVS shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -10.94% yearly.
The Revenue has grown by 31.99% in the past year. This is a very strong growth!
The Revenue has been decreasing by -5.45% on average over the past years.
EPS 1Y (TTM)110%
EPS 3YN/A
EPS 5Y-10.94%
EPS Q2Q%-20%
Revenue 1Y (TTM)31.99%
Revenue growth 3Y52.23%
Revenue growth 5Y-5.45%
Sales Q2Q%-4.04%
3.2 Future
Based on estimates for the next years, LVS will show a very strong growth in Earnings Per Share. The EPS will grow by 20.66% on average per year.
LVS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.35% yearly.
EPS Next Y27.7%
EPS Next 2Y22.41%
EPS Next 3Y19.24%
EPS Next 5Y20.66%
Revenue Next Year9.01%
Revenue Next 2Y9.38%
Revenue Next 3Y7.83%
Revenue Next 5Y7.35%
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 22.50, the valuation of LVS can be described as rather expensive.
66.17% of the companies in the same industry are more expensive than LVS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of LVS to the average of the S&P500 Index (27.55), we can say LVS is valued inline with the index average.
With a Price/Forward Earnings ratio of 18.65, LVS is valued on the expensive side.
69.17% 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 24.00. LVS is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 18.65 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA is on the same level as the industry average.
76.69% of the companies in the same industry are more expensive than LVS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.46 | ||
| EV/EBITDA | 12.1 |
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 19.24% in the coming years.
PEG (NY)0.81
PEG (5Y)N/A
EPS Next 2Y22.41%
EPS Next 3Y19.24%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.56%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.95, LVS pays a bit more dividend than its industry peers.
LVS's Dividend Yield is slightly below the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
5.2 History
The dividend of LVS decreases each year by -35.90%.
LVS has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of LVS decreased recently.
Dividend Growth(5Y)-35.9%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
LVS pays out 39.69% of its income as dividend. This is a sustainable payout ratio.
DP39.69%
EPS Next 2Y22.41%
EPS Next 3Y19.24%
LAS VEGAS SANDS CORP
NYSE:LVS (12/26/2024, 5:19:24 PM)
After market: 51.97 0 (0%)51.97
+0.08 (+0.15%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners47.3%
Inst Owner Change-1.2%
Ins Owners22.39%
Ins Owner Change0%
Market Cap37.68B
Analysts78.33
Price Target59.71 (14.89%)
Short Float %7.94%
Short Ratio5.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.56% |
Dividend Growth(5Y)-35.9%
DP39.69%
Div Incr Years1
Div Non Decr Years1
Ex-Date
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)5.81%
PT rev (3m)8.32%
EPS NQ rev (1m)0.14%
EPS NQ rev (3m)-13.47%
EPS NY rev (1m)0.1%
EPS NY rev (3m)-4.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.32%
Revenue NY rev (1m)-0.04%
Revenue NY rev (3m)-1.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.5 | ||
| Fwd PE | 18.65 | ||
| P/S | 3.33 | ||
| P/FCF | 19.46 | ||
| P/OCF | 11.44 | ||
| P/B | 11 | ||
| P/tB | 13.15 | ||
| EV/EBITDA | 12.1 |
EPS(TTM)2.31
EY4.44%
EPS(NY)2.79
Fwd EY5.36%
FCF(TTM)2.67
FCFY5.14%
OCF(TTM)4.54
OCFY8.74%
SpS15.61
BVpS4.73
TBVpS3.95
PEG (NY)0.81
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 | 2.37 |
F-Score8
WACC7.82%
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)110%
EPS 3YN/A
EPS 5Y-10.94%
EPS Q2Q%-20%
EPS Next Y27.7%
EPS Next 2Y22.41%
EPS Next 3Y19.24%
EPS Next 5Y20.66%
Revenue 1Y (TTM)31.99%
Revenue growth 3Y52.23%
Revenue growth 5Y-5.45%
Sales Q2Q%-4.04%
Revenue Next Year9.01%
Revenue Next 2Y9.38%
Revenue Next 3Y7.83%
Revenue Next 5Y7.35%
EBIT growth 1Y75.89%
EBIT growth 3YN/A
EBIT growth 5Y-9.72%
EBIT Next Year77.22%
EBIT Next 3Y28.74%
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%