LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
60.77 USD
-0.11 (-0.18%)
Overall LVS gets a fundamental rating of 4 out of 10. We evaluated LVS against 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year LVS was profitable.
- 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 has a Return On Assets of 7.24%. This is in the better half of the industry: LVS outperforms 76.52% of its industry peers.
- The Return On Equity of LVS (99.05%) is better than 95.45% of its industry peers.
- LVS has a better Return On Invested Capital (14.11%) 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 better Operating Margin (22.77%) than 85.61% of its industry peers.
- In the last couple of years the Operating Margin of LVS has declined.
- LVS's Gross Margin of 47.68% is in line compared to the rest of the industry. LVS outperforms 54.55% 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 | 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
- The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so LVS is creating value.
- LVS has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, LVS has less shares outstanding
- LVS has a worse debt/assets ratio than last year.
2.2 Solvency
- LVS has an Altman-Z score of 2.48. 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 decent Altman-Z score value of 2.48, LVS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
- 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 in line with its industry peers.
- A Debt/Equity ratio of 8.82 is on the high side and indicates that LVS has dependencies on debt financing.
- The Debt to Equity ratio of LVS (8.82) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.48 |
ROIC/WACC1.81
WACC7.78%
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.
- The Current ratio of LVS (0.89) is comparable to the rest of the industry.
- LVS has a Quick 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.
- Looking at the Quick ratio, with a value of 0.88, LVS is in line with its industry, outperforming 50.00% of the companies in the same 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.
- The Earnings Per Share has been decreasing by -6.90% on average over the past years.
- The Revenue has grown by 8.37% in the past year. This is quite good.
- Measured over the past years, LVS shows a decrease in Revenue. The Revenue has been decreasing by -1.41% on average per year.
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
- LVS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.58% yearly.
- The Revenue is expected to grow by 7.54% on average over the next years.
EPS Next Y29.41%
EPS Next 2Y19.22%
EPS Next 3Y17.1%
EPS Next 5Y19.58%
Revenue Next Year12.22%
Revenue Next 2Y8.92%
Revenue Next 3Y7.6%
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
- Based on the Price/Earnings ratio of 22.51, the valuation of LVS can be described as rather expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 64.39% of the companies listed in the same industry.
- LVS's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.25.
- LVS is valuated rather expensively with a Price/Forward Earnings ratio of 18.75.
- 65.91% of the companies in the same industry are more expensive than LVS, based on the Price/Forward Earnings ratio.
- LVS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.98.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.51 | ||
| Fwd PE | 18.75 |
4.2 Price Multiples
- LVS's Enterprise Value to EBITDA is on the same level as the industry average.
- LVS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.82 | ||
| EV/EBITDA | 12.42 |
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.
- LVS's earnings are expected to grow with 17.10% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y19.22%
EPS Next 3Y17.1%
5. Dividend
5.1 Amount
- LVS has a Yearly Dividend Yield of 1.67%. Purely for dividend investing, there may be better candidates out there.
- LVS's Dividend Yield is a higher than the industry average which is at 1.21.
- Compared to an average S&P500 Dividend Yield of 1.82, LVS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.67% |
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.
- The dividend of LVS decreased recently.
Dividend Growth(5Y)-26.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- LVS pays out 51.99% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.99%
EPS Next 2Y19.22%
EPS Next 3Y17.1%
LAS VEGAS SANDS CORP / LVS FAQ
What is the fundamental rating for LVS stock?
ChartMill assigns a fundamental rating of 4 / 10 to LVS.
What is the valuation status for LVS stock?
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.
Can you provide the PE and PB ratios for LVS stock?
The Price/Earnings (PE) ratio for LAS VEGAS SANDS CORP (LVS) is 22.51 and the Price/Book (PB) ratio is 26.15.
Can you provide the dividend sustainability for LVS stock?
The dividend rating of LAS VEGAS SANDS CORP (LVS) is 4 / 10 and the dividend payout ratio is 51.99%.