LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
66.25 USD
-0.15 (-0.23%)
66.09 USD
-0.16 (-0.24%)
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. While LVS is still in line with the averages on profitability rating, there are concerns on its financial health. LVS is valied quite expensively at the moment, while it does show a decent 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.
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
LVS has a Return On Assets of 7.24%. This is in the better half of the industry: LVS outperforms 75.76% of its industry peers.
LVS has a Return On Equity of 99.05%. This is amongst the best in the industry. LVS outperforms 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
The Profit Margin of LVS (12.69%) is better than 81.06% of its industry peers.
In the last couple of years the Profit Margin of LVS has declined.
LVS has a Operating Margin of 22.77%. This is amongst the best in the industry. LVS outperforms 85.61% of its industry peers.
In the last couple of years the Operating Margin of LVS has declined.
Looking at the Gross Margin, with a value of 47.68%, LVS is in line with its industry, outperforming 53.79% 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
LVS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, LVS has less shares outstanding
LVS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, LVS has a worse debt to assets ratio.
2.2 Solvency
LVS has an Altman-Z score of 2.59. 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 Altman-Z score of 2.59. This is in the better half of the industry: LVS outperforms 71.97% of its industry peers.
LVS has a debt to FCF ratio of 12.98. This is a negative value and a sign of low solvency as LVS would need 12.98 years to pay back of all of its debts.
LVS has a Debt to FCF ratio (12.98) which is comparable to the rest of the industry.
A Debt/Equity ratio of 8.82 is on the high side and indicates that LVS has dependencies on debt financing.
LVS's Debt to Equity ratio of 8.82 is on the low side compared to the rest of the industry. LVS is outperformed by 65.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.59 |
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.
With a Current ratio value of 0.89, LVS perfoms like the industry average, outperforming 46.97% 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.
The Quick ratio of LVS (0.88) is comparable to the rest of the 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.
LVS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.90% yearly.
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
The Earnings Per Share is expected to grow by 19.58% on average over the next years. This is quite good.
The Revenue is expected to grow by 7.54% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 24.54, LVS is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of LVS is on the same level as its industry peers.
LVS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.49, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 20.59, which indicates a rather expensive current valuation of LVS.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 60.61% of the companies listed in the same industry.
LVS is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.69, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.54 | ||
| Fwd PE | 20.59 |
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.
LVS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.87 | ||
| EV/EBITDA | 13.27 |
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.
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
With a Yearly Dividend Yield of 1.51%, LVS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.84, LVS pays a bit more dividend than its industry peers.
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.
LVS has decreased its dividend 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 2Y18.78%
EPS Next 3Y15.99%
66.25
-0.15 (-0.23%)
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 Cap44.79B
Revenue(TTM)12.26B
Net Income(TTM)1.56B
Analysts79.2
Price Target67.53 (1.93%)
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 | 24.54 | ||
| Fwd PE | 20.59 | ||
| P/S | 3.65 | ||
| P/FCF | 36.87 | ||
| P/OCF | 16.38 | ||
| P/B | 28.51 | ||
| P/tB | 45.75 | ||
| EV/EBITDA | 13.27 |
EPS(TTM)2.7
EY4.08%
EPS(NY)3.22
Fwd EY4.86%
FCF(TTM)1.8
FCFY2.71%
OCF(TTM)4.04
OCFY6.1%
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 | 2.59 |
F-Score6
WACC7.97%
ROIC/WACC1.77
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 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.
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.