LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - NYSE:LVS - US5178341070 - Common Stock
59.35 USD
+0.4 (+0.68%)
59.99 USD
+0.64 (+1.08%)
Taking everything into account, LVS scores 4 out of 10 in our fundamental rating. LVS was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. LVS has an average financial health and profitability rating. 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 6.46%. This is in the better half of the industry: LVS outperforms 75.00% of its industry peers.
The Return On Equity of LVS (70.92%) is better than 94.70% of its industry peers.
The Return On Invested Capital of LVS (11.68%) is better than 77.27% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 70.92% | ||
| ROIC | 11.68% |
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 12.16%, LVS is in the better half of the industry, outperforming 79.55% of the companies in the same industry.
LVS's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 21.70%, LVS belongs to the top of the industry, outperforming 81.82% of the companies in the same industry.
In the last couple of years the Operating Margin of LVS has declined.
With a Gross Margin value of 46.98%, LVS perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
LVS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.7% | ||
| PM (TTM) | 12.16% | ||
| GM | 46.98% |
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.
LVS has less shares outstanding than it did 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 2.44 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.44, LVS is in the better half of the industry, outperforming 68.94% of the companies in the same industry.
LVS has a debt to FCF ratio of 28.82. This is a negative value and a sign of low solvency as LVS would need 28.82 years to pay back of all of its debts.
LVS's Debt to FCF ratio of 28.82 is in line compared to the rest of the industry. LVS outperforms 43.94% of its industry peers.
A Debt/Equity ratio of 7.48 is on the high side and indicates that LVS has dependencies on debt financing.
LVS has a Debt to Equity ratio of 7.48. This is in the lower half of the industry: LVS underperforms 64.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.48 | ||
| Debt/FCF | 28.82 | ||
| Altman-Z | 2.44 |
ROIC/WACC1.51
WACC7.71%
2.3 Liquidity
LVS has a Current Ratio of 1.22. This is a normal value and indicates that LVS is financially healthy and should not expect problems in meeting its short term obligations.
LVS's Current ratio of 1.22 is in line compared to the rest of the industry. LVS outperforms 59.85% of its industry peers.
A Quick Ratio of 1.21 indicates that LVS should not have too much problems paying its short term obligations.
LVS's Quick ratio of 1.21 is fine compared to the rest of the industry. LVS outperforms 62.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.21 |
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.
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 17.43% on average per year.
Based on estimates for the next years, LVS will show a small growth in Revenue. The Revenue will grow by 6.49% on average per year.
EPS Next Y18.22%
EPS Next 2Y13.2%
EPS Next 3Y12.71%
EPS Next 5Y17.43%
Revenue Next Year8.21%
Revenue Next 2Y6.58%
Revenue Next 3Y5.71%
Revenue Next 5Y6.49%
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
With a Price/Earnings ratio of 21.98, LVS is valued on the expensive side.
LVS's Price/Earnings ratio is a bit cheaper when compared to the industry. LVS is cheaper than 62.88% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.11. LVS is around the same levels.
A Price/Forward Earnings ratio of 20.31 indicates a rather expensive valuation of LVS.
LVS's Price/Forward Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.55, LVS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 20.31 |
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.
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 | 74.21 | ||
| EV/EBITDA | 13.31 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
LVS's earnings are expected to grow with 12.71% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.21
PEG (5Y)N/A
EPS Next 2Y13.2%
EPS Next 3Y12.71%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.70%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.12, LVS pays a bit more dividend than its industry peers.
LVS's Dividend Yield is slightly below the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
5.2 History
The dividend of LVS decreases each year by -26.75%.
LVS has paid a dividend for at least 10 years, which is 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
50.71% of the earnings are spent on dividend by LVS. This is a bit on the high side, but may be sustainable.
DP50.71%
EPS Next 2Y13.2%
EPS Next 3Y12.71%
59.35
+0.4 (+0.68%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners45.68%
Inst Owner Change-1.99%
Ins Owners26.07%
Ins Owner Change0%
Market Cap40.74B
Revenue(TTM)12.26B
Net Income(TTM)1.41B
Analysts79.13
Price Target66.73 (12.43%)
Short Float %2.89%
Short Ratio1.6
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.7% |
Yearly Dividend0.8
Dividend Growth(5Y)-26.75%
DP50.71%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)25.58%
Min EPS beat(2)2.9%
Max EPS beat(2)48.26%
EPS beat(4)2
Avg EPS beat(4)6.22%
Min EPS beat(4)-18.44%
Max EPS beat(4)48.26%
EPS beat(8)4
Avg EPS beat(8)4.27%
EPS beat(12)6
Avg EPS beat(12)-3.87%
EPS beat(16)7
Avg EPS beat(16)-15.49%
Revenue beat(2)1
Avg Revenue beat(2)4.48%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)11.05%
Revenue beat(4)1
Avg Revenue beat(4)1.08%
Min Revenue beat(4)-4.52%
Max Revenue beat(4)11.05%
Revenue beat(8)2
Avg Revenue beat(8)0.32%
Revenue beat(12)5
Avg Revenue beat(12)1.33%
Revenue beat(16)6
Avg Revenue beat(16)-2%
PT rev (1m)9.3%
PT rev (3m)23.61%
EPS NQ rev (1m)-0.09%
EPS NQ rev (3m)-1.25%
EPS NY rev (1m)0.07%
EPS NY rev (3m)11.68%
Revenue NQ rev (1m)-0.49%
Revenue NQ rev (3m)0.16%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)0.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 21.98 | ||
| Fwd PE | 20.31 | ||
| P/S | 3.51 | ||
| P/FCF | 74.21 | ||
| P/OCF | 17.12 | ||
| P/B | 20.46 | ||
| P/tB | 30.18 | ||
| EV/EBITDA | 13.31 |
EPS(TTM)2.7
EY4.55%
EPS(NY)2.92
Fwd EY4.92%
FCF(TTM)0.8
FCFY1.35%
OCF(TTM)3.47
OCFY5.84%
SpS16.92
BVpS2.9
TBVpS1.97
PEG (NY)1.21
PEG (5Y)N/A
Graham Number13.27
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.46% | ||
| ROE | 70.92% | ||
| ROCE | 13.74% | ||
| ROIC | 11.68% | ||
| ROICexc | 14.38% | ||
| ROICexgc | 15.03% | ||
| OM | 21.7% | ||
| PM (TTM) | 12.16% | ||
| GM | 46.98% | ||
| FCFM | 4.73% |
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-Score4
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 7.48 | ||
| Debt/FCF | 28.82 | ||
| Debt/EBITDA | 3.73 | ||
| Cap/Depr | 124.56% | ||
| Cap/Sales | 15.76% | ||
| Interest Coverage | 3.83 | ||
| Cash Conversion | 59.63% | ||
| Profit Quality | 38.88% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.21 | ||
| Altman-Z | 2.44 |
F-Score4
WACC7.71%
ROIC/WACC1.51
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 Y18.22%
EPS Next 2Y13.2%
EPS Next 3Y12.71%
EPS Next 5Y17.43%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
Revenue Next Year8.21%
Revenue Next 2Y6.58%
Revenue Next 3Y5.71%
Revenue Next 5Y6.49%
EBIT growth 1Y-8.16%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year79.24%
EBIT Next 3Y25.81%
EBIT Next 5Y20.2%
FCF growth 1Y196.76%
FCF growth 3YN/A
FCF growth 5Y-3.76%
OCF growth 1Y110.99%
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 4 / 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 18.22% in the next year.