LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
NYSE:LVS - New York Stock Exchange, Inc. - US5178341070 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to LVS. LVS was compared to 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 does not seem to be growing, but still is valued expensively.
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.
In multiple years LVS reported negative operating cash flow during the last 5 years.
1.2 Ratios
LVS's Return On Assets of 6.14% is fine compared to the rest of the industry. LVS outperforms 74.24% of its industry peers.
LVS has a Return On Equity of 48.31%. This is amongst the best in the industry. LVS outperforms 93.18% of its industry peers.
With a decent Return On Invested Capital value of 13.25%, LVS is doing good in the industry, outperforming 79.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.14% | ||
| ROE | 48.31% | ||
| ROIC | 13.25% |
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 11.64% is fine compared to the rest of the industry. LVS outperforms 78.79% of its industry peers.
LVS's Profit Margin has declined in the last couple of years.
The Operating Margin of LVS (20.86%) is better than 80.30% 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 46.09%, LVS is in line with its industry, outperforming 46.21% 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 | 20.86% | ||
| PM (TTM) | 11.64% | ||
| GM | 46.09% |
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.
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.
The debt/assets ratio for LVS is higher compared to a year ago.
2.2 Solvency
LVS has an Altman-Z score of 2.12. 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.
With a Altman-Z score value of 2.12, LVS perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
The Debt to FCF ratio of LVS is 11.72, which is on the high side as it means it would take LVS, 11.72 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 11.72, LVS perfoms like the industry average, outperforming 56.06% of the companies in the same industry.
LVS has a Debt/Equity ratio of 4.02. This is a high value indicating a heavy dependency on external financing.
LVS has a Debt to Equity ratio of 4.02. This is comparable to the rest of the industry: LVS outperforms 40.91% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.02 | ||
| Debt/FCF | 11.72 | ||
| Altman-Z | 2.12 |
ROIC/WACC1.48
WACC8.95%
2.3 Liquidity
LVS has a Current Ratio of 0.59. 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 Current ratio of 0.59 is on the low side compared to the rest of the industry. LVS is outperformed by 69.70% of its industry peers.
A Quick Ratio of 0.59 indicates that LVS may have some problems paying its short term obligations.
LVS's Quick ratio of 0.59 is on the low side compared to the rest of the industry. LVS is outperformed by 65.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 |
3. Growth
3.1 Past
LVS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.01%.
LVS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.90% yearly.
The Revenue has decreased by -0.09% in the past year.
The Revenue has been decreasing by -1.41% on average over the past years.
EPS 1Y (TTM)-9.01%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%-21.33%
Revenue 1Y (TTM)-0.09%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%-3.28%
3.2 Future
The Earnings Per Share is expected to grow by 16.53% on average over the next years. This is quite good.
Based on estimates for the next years, LVS will show a small growth in Revenue. The Revenue will grow by 6.13% on average per year.
EPS Next Y5.86%
EPS Next 2Y10%
EPS Next 3Y9.53%
EPS Next 5Y16.53%
Revenue Next Year4.24%
Revenue Next 2Y5.05%
Revenue Next 3Y4.83%
Revenue Next 5Y6.13%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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 23.66, LVS is valued on the expensive side.
Based on the Price/Earnings ratio, LVS is valued a bit cheaper than 67.42% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.41. LVS is around the same levels.
A Price/Forward Earnings ratio of 18.18 indicates a rather expensive valuation of LVS.
LVS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LVS is cheaper than 67.42% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, LVS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.66 | ||
| Fwd PE | 18.18 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA ratio is in line with the industry average.
LVS's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. LVS is cheaper than 65.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.99 | ||
| EV/EBITDA | 12.28 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates LVS does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)4.04
PEG (5Y)N/A
EPS Next 2Y10%
EPS Next 3Y9.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.98%, LVS has a reasonable but not impressive dividend return.
LVS's Dividend Yield is rather good when compared to the industry average which is at 3.47. LVS pays more dividend than 80.30% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, LVS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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
47.39% of the earnings are spent on dividend by LVS. This is a bit on the high side, but may be sustainable.
DP47.39%
EPS Next 2Y10%
EPS Next 3Y9.53%
NYSE:LVS (7/14/2025, 2:37:35 PM)
50.165
+0.35 (+0.71%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners45.11%
Inst Owner Change0.01%
Ins Owners25.33%
Ins Owner Change0.15%
Market Cap35.45B
Analysts79.13
Price Target52.45 (4.55%)
Short Float %5.81%
Short Ratio3.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
Yearly Dividend0.8
Dividend Growth(5Y)-26.75%
DP47.39%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.47%
Min EPS beat(2)-7.85%
Max EPS beat(2)2.9%
EPS beat(4)1
Avg EPS beat(4)-6.69%
Min EPS beat(4)-18.44%
Max EPS beat(4)2.9%
EPS beat(8)4
Avg EPS beat(8)-1.14%
EPS beat(12)5
Avg EPS beat(12)-9.31%
EPS beat(16)6
Avg EPS beat(16)-21.84%
Revenue beat(2)0
Avg Revenue beat(2)-1.11%
Min Revenue beat(2)-2.09%
Max Revenue beat(2)-0.14%
Revenue beat(4)0
Avg Revenue beat(4)-2.3%
Min Revenue beat(4)-4.52%
Max Revenue beat(4)-0.14%
Revenue beat(8)2
Avg Revenue beat(8)-0.42%
Revenue beat(12)5
Avg Revenue beat(12)0.83%
Revenue beat(16)5
Avg Revenue beat(16)-3.78%
PT rev (1m)0.55%
PT rev (3m)-10.99%
EPS NQ rev (1m)0.22%
EPS NQ rev (3m)-13.24%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)-7.98%
Revenue NQ rev (1m)0.25%
Revenue NQ rev (3m)-4.19%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-3.71%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.66 | ||
| Fwd PE | 18.18 | ||
| P/S | 3.16 | ||
| P/FCF | 29.99 | ||
| P/OCF | 11.75 | ||
| P/B | 13.13 | ||
| P/tB | 17.39 | ||
| EV/EBITDA | 12.28 |
EPS(TTM)2.12
EY4.23%
EPS(NY)2.76
Fwd EY5.5%
FCF(TTM)1.67
FCFY3.33%
OCF(TTM)4.27
OCFY8.51%
SpS15.85
BVpS3.82
TBVpS2.89
PEG (NY)4.04
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.14% | ||
| ROE | 48.31% | ||
| ROCE | 15.59% | ||
| ROIC | 13.25% | ||
| ROICexc | 16.62% | ||
| ROICexgc | 17.59% | ||
| OM | 20.86% | ||
| PM (TTM) | 11.64% | ||
| GM | 46.09% | ||
| FCFM | 10.55% |
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
ROICexcg growth 3YN/A
ROICexcg 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-Score5
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.02 | ||
| Debt/FCF | 11.72 | ||
| Debt/EBITDA | 2.9 | ||
| Cap/Depr | 130.16% | ||
| Cap/Sales | 16.37% | ||
| Interest Coverage | 3.67 | ||
| Cash Conversion | 80.51% | ||
| Profit Quality | 90.64% | ||
| Current Ratio | 0.59 | ||
| Quick Ratio | 0.59 | ||
| Altman-Z | 2.12 |
F-Score5
WACC8.95%
ROIC/WACC1.48
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)-9.01%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%-21.33%
EPS Next Y5.86%
EPS Next 2Y10%
EPS Next 3Y9.53%
EPS Next 5Y16.53%
Revenue 1Y (TTM)-0.09%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%-3.28%
Revenue Next Year4.24%
Revenue Next 2Y5.05%
Revenue Next 3Y4.83%
Revenue Next 5Y6.13%
EBIT growth 1Y-12.77%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year69.94%
EBIT Next 3Y24.5%
EBIT Next 5Y19.59%
FCF growth 1Y246.47%
FCF growth 3YN/A
FCF growth 5Y-3.76%
OCF growth 1Y50166.7%
OCF growth 3Y497.77%
OCF growth 5Y1.07%