WYNN RESORTS LTD (WYNN) Stock Fundamental Analysis
NASDAQ:WYNN - Nasdaq - US9831341071 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to WYNN. WYNN was compared to 136 industry peers in the Hotels, Restaurants & Leisure industry. WYNN has only an average score on both its financial health and profitability. WYNN has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year WYNN was profitable.
WYNN had a positive operating cash flow in the past year.
In multiple years WYNN reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: WYNN reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.86%, WYNN is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
WYNN has a better Return On Invested Capital (8.68%) than 69.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | N/A | ||
| ROIC | 8.68% |
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
With a decent Profit Margin value of 7.03%, WYNN is doing good in the industry, outperforming 62.50% of the companies in the same industry.
In the last couple of years the Profit Margin of WYNN has grown nicely.
The Operating Margin of WYNN (17.63%) is better than 72.79% 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 43.51%, WYNN is in line with its industry, outperforming 41.18% of the companies in the same industry.
WYNN's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 17.63% | ||
| PM (TTM) | 7.03% | ||
| GM | 43.51% |
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
WYNN 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 WYNN has been reduced compared to 1 year ago.
WYNN has more shares outstanding than it did 5 years ago.
WYNN has a better debt/assets ratio than last year.
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.
Looking at the Altman-Z score, with a value of 1.21, WYNN is in line with its industry, outperforming 40.44% of the companies in the same industry.
The Debt to FCF ratio of WYNN is 10.50, which is on the high side as it means it would take WYNN, 10.50 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 10.50, WYNN is in line with its industry, outperforming 58.09% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.5 | ||
| Altman-Z | 1.21 |
ROIC/WACC1.03
WACC8.42%
2.3 Liquidity
A Current Ratio of 1.90 indicates that WYNN should not have too much problems paying its short term obligations.
WYNN's Current ratio of 1.90 is amongst the best of the industry. WYNN outperforms 83.82% of its industry peers.
WYNN has a Quick Ratio of 1.85. This is a normal value and indicates that WYNN is financially healthy and should not expect problems in meeting its short term obligations.
With an excellent Quick ratio value of 1.85, WYNN belongs to the best of the industry, outperforming 84.56% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.85 |
3. Growth
3.1 Past
WYNN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 47.07%, which is quite impressive.
The Earnings Per Share has been growing by 8.13% on average over the past years. This is quite good.
The Revenue has grown by 9.13% in the past year. This is quite good.
Measured over the past years, WYNN shows a small growth in Revenue. The Revenue has been growing by 1.52% on average per year.
EPS 1Y (TTM)47.07%
EPS 3YN/A
EPS 5Y8.13%
EPS Q2Q%26.7%
Revenue 1Y (TTM)9.13%
Revenue growth 3Y23.72%
Revenue growth 5Y1.52%
Sales Q2Q%-0.09%
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 12.97% on average per year.
The Revenue is expected to grow by 4.24% on average over the next years.
EPS Next Y-15.79%
EPS Next 2Y-4.71%
EPS Next 3Y2.53%
EPS Next 5Y12.98%
Revenue Next Year0.37%
Revenue Next 2Y1.51%
Revenue Next 3Y2.3%
Revenue Next 5Y4.24%
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
A Price/Earnings ratio of 13.68 indicates a correct valuation of WYNN.
Compared to the rest of the industry, the Price/Earnings ratio of WYNN indicates a rather cheap valuation: WYNN is cheaper than 80.15% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of WYNN to the average of the S&P500 Index (28.22), we can say WYNN is valued rather cheaply.
The Price/Forward Earnings ratio is 16.24, which indicates a correct valuation of WYNN.
Based on the Price/Forward Earnings ratio, WYNN is valued a bit cheaper than the industry average as 72.06% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of WYNN to the average of the S&P500 Index (20.86), we can say WYNN is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 16.24 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of WYNN indicates a somewhat cheap valuation: WYNN is cheaper than 69.12% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of WYNN indicates a rather cheap valuation: WYNN is cheaper than 91.18% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.73 | ||
| EV/EBITDA | 8.81 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.68
EPS Next 2Y-4.71%
EPS Next 3Y2.53%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.25%, WYNN has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.78, WYNN pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, WYNN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
5.2 History
The dividend of WYNN decreases each year by -24.82%.
WYNN has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of WYNN decreased recently.
Dividend Growth(5Y)-24.82%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
27.85% of the earnings are spent on dividend by WYNN. This is a low number and sustainable payout ratio.
DP27.85%
EPS Next 2Y-4.71%
EPS Next 3Y2.53%
82.49
+2.45 (+3.06%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners67.22%
Inst Owner Change1.12%
Ins Owners10.79%
Ins Owner Change0.1%
Market Cap8.76B
Analysts82.5
Price Target110.02 (33.37%)
Short Float %8.4%
Short Ratio2.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.25% |
Yearly Dividend1.27
Dividend Growth(5Y)-24.82%
DP27.85%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)41.01%
Min EPS beat(2)-12.53%
Max EPS beat(2)94.55%
EPS beat(4)2
Avg EPS beat(4)25.38%
Min EPS beat(4)-12.53%
Max EPS beat(4)94.55%
EPS beat(8)6
Avg EPS beat(8)312.94%
EPS beat(12)7
Avg EPS beat(12)205.98%
EPS beat(16)9
Avg EPS beat(16)155.24%
Revenue beat(2)1
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-4.22%
Max Revenue beat(2)1.87%
Revenue beat(4)2
Avg Revenue beat(4)-0.84%
Min Revenue beat(4)-4.22%
Max Revenue beat(4)2.02%
Revenue beat(8)6
Avg Revenue beat(8)0.94%
Revenue beat(12)8
Avg Revenue beat(12)-0.32%
Revenue beat(16)11
Avg Revenue beat(16)0.11%
PT rev (1m)-4.87%
PT rev (3m)-5.05%
EPS NQ rev (1m)-3.58%
EPS NQ rev (3m)-4.04%
EPS NY rev (1m)-2.75%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)-0.28%
Revenue NQ rev (3m)-2.31%
Revenue NY rev (1m)-0.4%
Revenue NY rev (3m)-1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.68 | ||
| Fwd PE | 16.24 | ||
| P/S | 1.23 | ||
| P/FCF | 8.73 | ||
| P/OCF | 6.14 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 8.81 |
EPS(TTM)6.03
EY7.31%
EPS(NY)5.08
Fwd EY6.16%
FCF(TTM)9.45
FCFY11.46%
OCF(TTM)13.43
OCFY16.28%
SpS67.14
BVpS-2.11
TBVpS-4.68
PEG (NY)N/A
PEG (5Y)1.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.86% | ||
| ROE | N/A | ||
| ROCE | 10.98% | ||
| ROIC | 8.68% | ||
| ROICexc | 11.01% | ||
| ROICexgc | 11.36% | ||
| OM | 17.63% | ||
| PM (TTM) | 7.03% | ||
| GM | 43.51% | ||
| FCFM | 14.08% |
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-Score6
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.5 | ||
| Debt/EBITDA | 5.48 | ||
| Cap/Depr | 64.13% | ||
| Cap/Sales | 5.93% | ||
| Interest Coverage | 1.91 | ||
| Cash Conversion | 74.46% | ||
| Profit Quality | 200.3% | ||
| Current Ratio | 1.9 | ||
| Quick Ratio | 1.85 | ||
| Altman-Z | 1.21 |
F-Score6
WACC8.42%
ROIC/WACC1.03
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)47.07%
EPS 3YN/A
EPS 5Y8.13%
EPS Q2Q%26.7%
EPS Next Y-15.79%
EPS Next 2Y-4.71%
EPS Next 3Y2.53%
EPS Next 5Y12.98%
Revenue 1Y (TTM)9.13%
Revenue growth 3Y23.72%
Revenue growth 5Y1.52%
Sales Q2Q%-0.09%
Revenue Next Year0.37%
Revenue Next 2Y1.51%
Revenue Next 3Y2.3%
Revenue Next 5Y4.24%
EBIT growth 1Y18.66%
EBIT growth 3YN/A
EBIT growth 5Y7.42%
EBIT Next Year76.03%
EBIT Next 3Y23.28%
EBIT Next 5Y19.34%
FCF growth 1Y35.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y14.29%
OCF growth 3YN/A
OCF growth 5Y9.62%