LAS VEGAS SANDS CORP (LVS)
US5178341070 - Common Stock
LVS gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. LVS has only an average score on both its financial health and profitability. LVS is not valued too expensively and it also shows 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.
In multiple years LVS reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.38%, LVS belongs to the top of the industry, outperforming 80.60% of the companies in the same industry.
With an excellent Return On Equity value of 39.67%, LVS belongs to the best of the industry, outperforming 88.06% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 12.72%, LVS is in the better half of the industry, outperforming 79.10% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.38% | ||
| ROE | 39.67% | ||
| ROIC | 12.72% |
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
Looking at the Profit Margin, with a value of 13.99%, LVS belongs to the top of the industry, outperforming 83.58% of the companies in the same industry.
LVS's Profit Margin has declined in the last couple of years.
With an excellent Operating Margin value of 23.90%, LVS belongs to the best of the industry, outperforming 89.55% of the companies in the same industry.
In the last couple of years the Operating Margin of LVS has declined.
LVS has a Gross Margin of 50.30%. This is comparable to the rest of the industry: LVS outperforms 52.99% of its industry peers.
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 | 23.9% | ||
| PM (TTM) | 13.99% | ||
| GM | 50.3% |
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.
Compared to 1 year ago, LVS has less shares outstanding
Compared to 5 years ago, LVS has less shares outstanding
The debt/assets ratio for LVS has been reduced compared to a year ago.
2.2 Solvency
LVS has an Altman-Z score of 2.41. 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.
Looking at the Altman-Z score, with a value of 2.41, LVS is in the better half of the industry, outperforming 76.12% of the companies in the same industry.
LVS has a debt to FCF ratio of 6.27. This is a slightly negative value and a sign of low solvency as LVS would need 6.27 years to pay back of all of its debts.
LVS has a better Debt to FCF ratio (6.27) than 69.40% of its industry peers.
LVS has a Debt/Equity ratio of 3.01. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 3.01, LVS perfoms like the industry average, outperforming 46.27% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.01 | ||
| Debt/FCF | 6.27 | ||
| Altman-Z | 2.41 |
ROIC/WACC1.51
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.30 indicates that LVS should not have too much problems paying its short term obligations.
The Current ratio of LVS (1.30) is better than 64.93% of its industry peers.
LVS has a Quick Ratio of 1.29. This is a normal value and indicates that LVS is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.29, LVS is doing good in the industry, outperforming 69.40% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
LVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 548.08%, which is quite impressive.
The earnings per share for LVS have been decreasing by -10.94% on average. This is quite bad
The Revenue has grown by 112.05% in the past year. This is a very strong growth!
Measured over the past years, LVS shows a decrease in Revenue. The Revenue has been decreasing by -5.45% on average per year.
EPS 1Y (TTM)548.08%
EPS 3YN/A
EPS 5Y-10.94%
EPS growth Q2Q167.86%
Revenue 1Y (TTM)112.05%
Revenue growth 3Y52.23%
Revenue growth 5Y-5.45%
Revenue growth Q2Q39.58%
3.2 Future
LVS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 22.11% yearly.
Based on estimates for the next years, LVS will show a quite strong growth in Revenue. The Revenue will grow by 9.04% on average per year.
EPS Next Y45%
EPS Next 2Y29.68%
EPS Next 3Y24.54%
EPS Next 5Y22.11%
Revenue Next Year17.46%
Revenue Next 2Y11.73%
Revenue Next 3Y10.28%
Revenue Next 5Y9.04%
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 19.98, the valuation of LVS can be described as rather expensive.
Based on the Price/Earnings ratio, LVS is valued a bit cheaper than the industry average as 67.16% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of LVS to the average of the S&P500 Index (24.95), we can say LVS is valued inline with the index average.
A Price/Forward Earnings ratio of 14.89 indicates a correct 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 75.37% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of LVS to the average of the S&P500 Index (21.40), we can say LVS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.98 | ||
| Fwd PE | 14.89 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 77.61% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.59 | ||
| EV/EBITDA | 10.94 |
4.3 Compensation for Growth
LVS's 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 24.54% in the coming years.
PEG (NY)0.44
PEG (5Y)N/A
EPS Next 2Y29.68%
EPS Next 3Y24.54%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.76%, LVS has a reasonable but not impressive dividend return.
LVS's Dividend Yield is a higher than the industry average which is at 2.63.
Compared to the average S&P500 Dividend Yield of 2.45, LVS is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
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.
Dividend Growth(5Y)-35.9%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
LVS pays out 29.08% of its income as dividend. This is a sustainable payout ratio.
DP29.08%
EPS Next 2Y29.68%
EPS Next 3Y24.54%
LAS VEGAS SANDS CORP
NYSE:LVS (4/22/2024, 7:13:43 PM)
After market: 46.52 -0.04 (-0.09%)46.56
+1.1 (+2.42%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap34.69B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.76% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(8)
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EPS beat(16)
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Revenue beat(2)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.98 | ||
| Fwd PE | 14.89 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.44
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.38% | ||
| ROE | 39.67% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 23.9% | ||
| PM (TTM) | 13.99% | ||
| GM | 50.3% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.29 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)548.08%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y45%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)112.05%
Revenue growth 3Y52.23%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y