WYNN RESORTS LTD (WYNN) Stock Fundamental Analysis
NASDAQ:WYNN - Nasdaq - US9831341071 - Common Stock - Currency: USD
WYNN gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 131 industry peers in the Hotels, Restaurants & Leisure industry. While WYNN is still in line with the averages on profitability rating, there are concerns on its financial health. WYNN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
WYNN had positive earnings in the past year.
In the past year WYNN had a positive cash flow from operations.
In multiple years WYNN reported negative net income over the last 5 years.
In multiple years WYNN reported negative operating cash flow during the last 5 years.
1.2 Ratios
WYNN has a Return On Assets (3.38%) which is in line with its industry peers.
WYNN has a Return On Invested Capital of 8.89%. This is in the better half of the industry: WYNN outperforms 70.99% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | N/A | ||
| ROIC | 8.89% |
ROA(3y)1.97%
ROA(5y)-3%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
WYNN has a Profit Margin of 6.17%. This is comparable to the rest of the industry: WYNN outperforms 59.54% of its industry peers.
In the last couple of years the Profit Margin of WYNN has grown nicely.
WYNN's Operating Margin of 16.68% is fine compared to the rest of the industry. WYNN outperforms 71.76% of its industry peers.
WYNN's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 42.95%, WYNN is in line with its industry, outperforming 41.98% of the companies in the same industry.
In the last couple of years the Gross Margin of WYNN has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 16.68% | ||
| PM (TTM) | 6.17% | ||
| GM | 42.95% |
OM growth 3YN/A
OM growth 5Y5.82%
PM growth 3YN/A
PM growth 5Y30.46%
GM growth 3Y10.76%
GM growth 5Y2.49%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), WYNN is creating some value.
The number of shares outstanding for WYNN has been reduced compared to 1 year ago.
The number of shares outstanding for WYNN has been increased compared to 5 years ago.
The debt/assets ratio for WYNN has been reduced compared to a year ago.
2.2 Solvency
WYNN has an Altman-Z score of 1.21. This is a bad value and indicates that WYNN is not financially healthy and even has some risk of bankruptcy.
WYNN's Altman-Z score of 1.21 is on the low side compared to the rest of the industry. WYNN is outperformed by 63.36% of its industry peers.
WYNN has a debt to FCF ratio of 13.89. This is a negative value and a sign of low solvency as WYNN would need 13.89 years to pay back of all of its debts.
WYNN has a Debt to FCF ratio of 13.89. This is comparable to the rest of the industry: WYNN outperforms 51.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.89 | ||
| Altman-Z | 1.21 |
ROIC/WACC1.09
WACC8.12%
2.3 Liquidity
A Current Ratio of 1.08 indicates that WYNN should not have too much problems paying its short term obligations.
The Current ratio of WYNN (1.08) is comparable to the rest of the industry.
WYNN has a Quick Ratio of 1.05. This is a normal value and indicates that WYNN is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.05, WYNN perfoms like the industry average, outperforming 58.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 2.04% over the past year.
WYNN shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.13% yearly.
WYNN shows a decrease in Revenue. In the last year, the revenue decreased by -0.08%.
The Revenue has been growing slightly by 1.52% on average over the past years.
EPS 1Y (TTM)2.04%
EPS 3YN/A
EPS 5Y8.13%
EPS Q2Q%-32.7%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y23.72%
Revenue growth 5Y1.52%
Sales Q2Q%-8.72%
3.2 Future
Based on estimates for the next years, WYNN will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.14% on average per year.
The Revenue is expected to grow by 4.13% on average over the next years.
EPS Next Y-18.69%
EPS Next 2Y-5.51%
EPS Next 3Y0.39%
EPS Next 5Y13.14%
Revenue Next Year-1.33%
Revenue Next 2Y0.85%
Revenue Next 3Y1.82%
Revenue Next 5Y4.13%
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
WYNN is valuated rather expensively with a Price/Earnings ratio of 19.59.
WYNN's Price/Earnings ratio is a bit cheaper when compared to the industry. WYNN is cheaper than 70.23% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.82. WYNN is valued slightly cheaper when compared to this.
With a Price/Forward Earnings ratio of 20.05, WYNN is valued on the expensive side.
WYNN's Price/Forward Earnings is on the same level as the industry average.
WYNN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 36.21, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 20.05 |
4.2 Price Multiples
61.07% of the companies in the same industry are more expensive than WYNN, based on the Enterprise Value to EBITDA ratio.
83.97% of the companies in the same industry are more expensive than WYNN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.85 | ||
| EV/EBITDA | 11.04 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.41
EPS Next 2Y-5.51%
EPS Next 3Y0.39%
5. Dividend
5.1 Amount
With a yearly dividend of 0.92%, WYNN is not a good candidate for dividend investing.
WYNN's Dividend Yield is a higher than the industry average which is at 3.72.
Compared to an average S&P500 Dividend Yield of 2.39, WYNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
5.2 History
The dividend of WYNN decreases each year by -24.82%.
WYNN has been paying a dividend for at least 10 years, so it has a reliable track record.
WYNN has decreased its dividend recently.
Dividend Growth(5Y)-24.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
32.21% of the earnings are spent on dividend by WYNN. This is a low number and sustainable payout ratio.
DP32.21%
EPS Next 2Y-5.51%
EPS Next 3Y0.39%
107.93
-1.1 (-1.01%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners67.42%
Inst Owner Change-0.29%
Ins Owners0.77%
Ins Owner Change-0.78%
Market Cap11.28B
Analysts81.74
Price Target117.78 (9.13%)
Short Float %7.13%
Short Ratio2.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.92% |
Yearly Dividend1.27
Dividend Growth(5Y)-24.82%
DP32.21%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.38%
Min EPS beat(2)-11.79%
Max EPS beat(2)94.55%
EPS beat(4)1
Avg EPS beat(4)16.66%
Min EPS beat(4)-12.53%
Max EPS beat(4)94.55%
EPS beat(8)5
Avg EPS beat(8)29.12%
EPS beat(12)7
Avg EPS beat(12)205.24%
EPS beat(16)9
Avg EPS beat(16)155.7%
Revenue beat(2)1
Avg Revenue beat(2)-1.14%
Min Revenue beat(2)-4.15%
Max Revenue beat(2)1.87%
Revenue beat(4)1
Avg Revenue beat(4)-2.38%
Min Revenue beat(4)-4.22%
Max Revenue beat(4)1.87%
Revenue beat(8)5
Avg Revenue beat(8)0.18%
Revenue beat(12)8
Avg Revenue beat(12)-0.23%
Revenue beat(16)11
Avg Revenue beat(16)0.14%
PT rev (1m)8.42%
PT rev (3m)7.05%
EPS NQ rev (1m)-5.2%
EPS NQ rev (3m)-3.99%
EPS NY rev (1m)0.02%
EPS NY rev (3m)-3.45%
Revenue NQ rev (1m)0.74%
Revenue NQ rev (3m)-1%
Revenue NY rev (1m)0.2%
Revenue NY rev (3m)-1.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.59 | ||
| Fwd PE | 20.05 | ||
| P/S | 1.62 | ||
| P/FCF | 14.85 | ||
| P/OCF | 9.06 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.04 |
EPS(TTM)5.51
EY5.11%
EPS(NY)5.38
Fwd EY4.99%
FCF(TTM)7.27
FCFY6.73%
OCF(TTM)11.91
OCFY11.03%
SpS66.62
BVpS-3.45
TBVpS-5.99
PEG (NY)N/A
PEG (5Y)2.41
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.38% | ||
| ROE | N/A | ||
| ROCE | 11.25% | ||
| ROIC | 8.89% | ||
| ROICexc | 11.12% | ||
| ROICexgc | 11.49% | ||
| OM | 16.68% | ||
| PM (TTM) | 6.17% | ||
| GM | 42.95% | ||
| FCFM | 10.91% |
ROA(3y)1.97%
ROA(5y)-3%
ROE(3y)N/A
ROE(5y)N/A
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 5Y8.98%
ROICexc growth 3YN/A
ROICexc growth 5Y8.64%
OM growth 3YN/A
OM growth 5Y5.82%
PM growth 3YN/A
PM growth 5Y30.46%
GM growth 3Y10.76%
GM growth 5Y2.49%
F-Score5
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 13.89 | ||
| Debt/EBITDA | 5.28 | ||
| Cap/Depr | 75.86% | ||
| Cap/Sales | 6.96% | ||
| Interest Coverage | 1.78 | ||
| Cash Conversion | 69.1% | ||
| Profit Quality | 176.86% | ||
| Current Ratio | 1.08 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 1.21 |
F-Score5
WACC8.12%
ROIC/WACC1.09
Cap/Depr(3y)62.95%
Cap/Depr(5y)55.45%
Cap/Sales(3y)7.69%
Cap/Sales(5y)9.23%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)2.04%
EPS 3YN/A
EPS 5Y8.13%
EPS Q2Q%-32.7%
EPS Next Y-18.69%
EPS Next 2Y-5.51%
EPS Next 3Y0.39%
EPS Next 5Y13.14%
Revenue 1Y (TTM)-0.08%
Revenue growth 3Y23.72%
Revenue growth 5Y1.52%
Sales Q2Q%-8.72%
Revenue Next Year-1.33%
Revenue Next 2Y0.85%
Revenue Next 3Y1.82%
Revenue Next 5Y4.13%
EBIT growth 1Y-7.02%
EBIT growth 3YN/A
EBIT growth 5Y7.42%
EBIT Next Year71.99%
EBIT Next 3Y23.22%
EBIT Next 5Y19.33%
FCF growth 1Y542.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y477.4%
OCF growth 3YN/A
OCF growth 5Y9.62%