LAS VEGAS SANDS CORP (LVS)
US5178341070 - Common Stock
We assign a fundamental rating of 5 out of 10 to LVS. LVS was compared to 136 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of LVS get a neutral evaluation. Nothing too spectacular is happening here. LVS has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year LVS was profitable.
LVS had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: LVS reported negative net income in multiple years.
In multiple years LVS reported negative operating cash flow during the last 5 years.
1.2 Ratios
LVS's Return On Assets of 7.38% is fine compared to the rest of the industry. LVS outperforms 80.00% of its industry peers.
LVS has a better Return On Equity (39.67%) than 88.15% of its industry peers.
Looking at the Return On Invested Capital, with a value of 12.72%, LVS belongs to the top of the industry, outperforming 80.74% 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 82.22% of the companies in the same industry.
In the last couple of years the Profit Margin of LVS has declined.
The Operating Margin of LVS (23.90%) is better than 88.15% of its industry peers.
LVS's Operating Margin has declined in the last couple of years.
With a Gross Margin value of 50.30%, LVS perfoms like the industry average, outperforming 52.59% 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 | 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
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), LVS is creating some value.
The number of shares outstanding for LVS has been reduced compared to 1 year ago.
LVS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for LVS has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.23 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of LVS (2.23) is better than 65.93% of its industry peers.
The Debt to FCF ratio of LVS is 6.27, which is on the high side as it means it would take LVS, 6.27 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LVS (6.27) is better than 70.37% 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.
LVS has a Debt to Equity ratio (3.01) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.01 | ||
| Debt/FCF | 6.27 | ||
| Altman-Z | 2.23 |
ROIC/WACC1.59
WACC8%
2.3 Liquidity
A Current Ratio of 1.30 indicates that LVS should not have too much problems paying its short term obligations.
LVS has a Current ratio of 1.30. This is in the better half of the industry: LVS outperforms 62.22% of its industry peers.
A Quick Ratio of 1.29 indicates that LVS should not have too much problems paying its short term obligations.
LVS has a better Quick ratio (1.29) than 65.93% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.29 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 764.29% over the past year.
Measured over the past years, LVS shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -10.94% on average per year.
The Revenue has grown by 152.36% in the past year. This is a very strong growth!
LVS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -5.45% yearly.
EPS 1Y (TTM)764.29%
EPS 3YN/A
EPS 5Y-10.94%
EPS Q2Q%19.57%
Revenue 1Y (TTM)152.36%
Revenue growth 3Y52.23%
Revenue growth 5Y-5.45%
Sales Q2Q%8.62%
3.2 Future
LVS is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 21.96% yearly.
The Revenue is expected to grow by 9.17% on average over the next years. This is quite good.
EPS Next Y45.99%
EPS Next 2Y29.12%
EPS Next 3Y23.08%
EPS Next 5Y21.96%
Revenue Next Year13.38%
Revenue Next 2Y10.61%
Revenue Next 3Y8.65%
Revenue Next 5Y9.17%
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.
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
A Price/Earnings ratio of 16.19 indicates a correct valuation of LVS.
LVS's Price/Earnings ratio is a bit cheaper when compared to the industry. LVS is cheaper than 74.07% of the companies in the same industry.
When comparing the Price/Earnings ratio of LVS to the average of the S&P500 Index (24.41), we can say LVS is valued slightly cheaper.
With a Price/Forward Earnings ratio of 12.63, LVS is valued correctly.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 75.56% of the companies listed in the same industry.
LVS's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.59.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.19 | ||
| Fwd PE | 12.63 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. LVS is cheaper than 61.48% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 80.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.12 | ||
| EV/EBITDA | 9.59 |
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.
A more expensive valuation may be justified as LVS's earnings are expected to grow with 23.08% in the coming years.
PEG (NY)0.35
PEG (5Y)N/A
EPS Next 2Y29.12%
EPS Next 3Y23.08%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.98%. 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 3.12.
LVS's Dividend Yield is comparable with the S&P500 average which is at 2.30.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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.
LVS has decreased its dividend recently.
Dividend Growth(5Y)-35.9%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
29.08% of the earnings are spent on dividend by LVS. This is a low number and sustainable payout ratio.
DP29.08%
EPS Next 2Y29.12%
EPS Next 3Y23.08%
LAS VEGAS SANDS CORP
NYSE:LVS (7/26/2024, 7:04:00 PM)
After market: 39.2 +0.02 (+0.05%)39.18
-0.16 (-0.41%)
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 Cap29.19B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.98% |
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 | 16.19 | ||
| Fwd PE | 12.63 | ||
| 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)0.35
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)
High Growth Momentum
Growth
EPS 1Y (TTM)764.29%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y45.99%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)152.36%
Revenue growth 3Y52.23%
Revenue growth 5Y
Sales 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