(LVS) Las Vegas Sands - NYSE
Sector: Consumer Cyclical | Industry: Resorts & Casinos | Exchange: NYSE (USA) | Market Cap: 33.616m USD | Total Return: 23.4% in 12m
Avg Turnover: 194M
EPS Trend: 73.2%
Qual. Beats: 1
Rev. Trend: 85.3%
Qual. Beats: 4
Warnings
Below Avwap Earnings
Tailwinds
Confidence
Las Vegas Sands Corp. (NYSE: LVS) is a leading developer and operator of high-end integrated resorts, focusing its current geographic footprint on the major Asian gaming hubs of Macao and Singapore. Its portfolio includes iconic properties such as The Venetian Macao and Marina Bay Sands, which combine casino operations with extensive convention, retail, and hospitality infrastructure.
The company utilizes an integrated resort business model, which diversifies revenue streams by pairing gaming floors with non-gaming amenities to attract both leisure travelers and MICE (Meetings, Incentives, Conferences, and Exhibitions) segments. In the Casinos & Gaming sub-industry, success is heavily dependent on regional regulatory licenses and the ability to maintain high capital expenditure for property reinvestment.
To evaluate how these Asian market dynamics influence current valuation, you may find it useful to explore the data on ValueRay. Founded in 1988 and headquartered in Nevada, the firm remains a central player in the global luxury gaming sector.
- Macao mass-market gaming recovery remains primary driver of consolidated revenue growth
- Marina Bay Sands expansion project increases long-term capital expenditure and debt levels
- Chinese government regulatory shifts and visa policies impact Macao visitor visitation volume
- Singapore tourism recovery and high-value premium mass segment bolster operating margins
- Interest rate fluctuations impact financing costs for major Asian resort development projects
| Net Income: 1.84b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 5.39 > 1.0 |
| NWC/Revenue: -1.64% < 20% (prev -22.62%; Δ 20.99% < -1%) |
| CFO/TA 0.15 > 3% & CFO 3.23b > Net Income 1.84b |
| Net Debt (12.4b) to EBITDA (4.79b): 2.59 < 3 |
| Current Ratio: 0.95 > 1.5 & < 3 |
| Outstanding Shares: last quarter (671.0m) vs 12m ago -5.89% < -2% |
| Gross Margin: 49.59% > 18% (prev 48.57%; Δ 1.02% > 0.5%) |
| Asset Turnover: 64.78% > 50% (prev 52.72%; Δ 12.06% > 0%) |
| Interest Coverage Ratio: 4.28 > 6 (EBIT TTM 3.25b / Interest Expense TTM 760.0m) |
| A: -0.01 (Total Current Assets 4.27b - Total Current Liabilities 4.49b) / Total Assets 21.2b |
| B: 0.22 (Retained Earnings 4.75b / Total Assets 21.2b) |
| C: 0.15 (EBIT TTM 3.25b / Avg Total Assets 21.2b) |
| D: 0.06 (Book Value of Equity 1.20b / Total Liabilities 19.4b) |
| Altman-Z'' = 1.76 = BBB |
| DSRI: 1.27 (Receivables 677.0m/435.0m, Revenue 13.7b/11.2b) |
| GMI: 0.98 (GM 48.57% / 49.59%) |
| AQI: 2.10 (AQ_t 0.26 / AQ_t-1 0.12) |
| SGI: 1.23 (Revenue 13.7b / 11.2b) |
| TATA: -0.07 (NI 1.84b - CFO 3.23b) / TA 21.2b) |
| Beneish M = -2.02 (Cap -4..+1) = BB |
As of June 12, 2026, the stock is trading at USD 50.61 with a total of 4,091,913 shares traded.
Over the past week, the price has changed by -0.24%,
over one month by -2.80%,
over three months by -7.07% and
over the past year by +23.39%.
Las Vegas Sands has received a consensus analysts rating of 4.44. Therefore, it is recommended to buy LVS.
- StrongBuy: 12
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 69.5 | 37.2% |
P/E Trailing = 18.7196
P/E Forward = 15.8983
P/S = 2.4528
P/B = 28.3253
P/EG = 1.0395
Revenue TTM = 13.7b USD
EBIT TTM = 3.25b USD
EBITDA TTM = 4.79b USD
Long Term Debt = 13.9b USD (from longTermDebt, last quarter)
Short Term Debt = 1.82b USD (from shortTermDebt, last quarter)
Debt = 15.7b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 12.4b USD (calculated: Debt 15.7b - CCE 3.33b)
Enterprise Value = 46.0b USD (33.6b + Debt 15.7b - CCE 3.33b)
Interest Coverage Ratio = 4.28 (Ebit TTM 3.25b / Interest Expense TTM 760.0m)
EV/FCF = 19.83x (Enterprise Value 46.0b / FCF TTM 2.32b)
FCF Yield = 5.04% (FCF TTM 2.32b / Enterprise Value 46.0b)
FCF Margin = 16.89% (FCF TTM 2.32b / Revenue TTM 13.7b)
Net Margin = 13.41% (Net Income TTM 1.84b / Revenue TTM 13.7b)
Gross Margin = 49.59% ((Revenue TTM 13.7b - Cost of Revenue TTM 6.93b) / Revenue TTM)
Gross Margin QoQ = 48.79% (prev 48.45%)
Tobins Q-Ratio = 2.17 (Enterprise Value 46.0b / Total Assets 21.2b)
Interest Expense / Debt = 4.83% (Interest Expense 760.0m / Debt 15.7b)
Taxrate = 15.70% (391.0m / 2.49b)
NOPAT = 2.74b (EBIT 3.25b * (1 - 15.70%))
Current Ratio = 0.95 (Total Current Assets 4.27b / Total Current Liabilities 4.49b)
Debt / Equity = 13.10 (Debt 15.7b / totalStockholderEquity, last quarter 1.20b)
Debt / EBITDA = 2.59 (Net Debt 12.4b / EBITDA 4.79b)
Debt / FCF = 5.34 (Net Debt 12.4b / FCF TTM 2.32b)
Total Stockholder Equity = 1.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.68% (Net Income 1.84b / Total Assets 21.2b)
RoE = 116.0% (Net Income TTM 1.84b / Total Stockholder Equity 1.59b)
RoCE = 20.98% (EBIT 3.25b / Capital Employed (Equity 1.59b + L.T.Debt 13.9b))
RoIC = 15.37% (NOPAT 2.74b / Invested Capital 17.8b)
WACC = 7.96% (E(33.6b)/V(49.3b) * Re(9.78%) + D(15.7b)/V(49.3b) * Rd(4.83%) * (1-Tc(0.16)))
Discount Rate = 9.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.56 | Cagr: -5.39%
[DCF] Terminal Value 77.97% ; FCFF base≈1.86b ; Y1≈2.14b ; Y5≈3.15b
[DCF] Fair Price = 52.74 (EV 47.3b - Net Debt 12.4b = Equity 34.9b / Shares 662.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 73.23 | EPS CAGR: 71.47% | SUE: 1.29 | # QB: 1
Revenue Correlation: 85.27 | Revenue CAGR: 19.62% | SUE: 1.34 | # QB: 4
EPS current Quarter (2026-06-30): EPS=0.78 | Chg30d=+2.33% | Revisions=+38% | Analysts=11
EPS next Quarter (2026-09-30): EPS=0.79 | Chg30d=+2.03% | Revisions=+14% | Analysts=11
EPS current Year (2026-12-31): EPS=3.34 | Chg30d=+6.85% | Revisions=+53% | GrowthEPS=+11.0% | GrowthRev=+8.7%
EPS next Year (2027-12-31): EPS=3.68 | Chg30d=+3.64% | Revisions=+33% | GrowthEPS=+10.1% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +53%