Financials Las Vegas Sands Corp.

Equities

LVS

US5178341070

Casinos & Gaming

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
45.45 USD -0.22% Intraday chart for Las Vegas Sands Corp. -0.02% -7.64%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 53,022 45,523 28,756 36,732 37,071 33,862 - -
Enterprise Value (EV) 1 61,256 57,409 41,697 36,732 45,995 42,051 40,679 39,912
P/E ratio 19.7 x -27 x -29.9 x 20 x 30.4 x 17.2 x 14.6 x 12.4 x
Yield 4.46% 1.33% - - 1.22% 1.76% 1.94% 1.98%
Capitalization / Revenue 3.86 x 12.6 x 6.79 x 8.94 x 3.57 x 2.85 x 2.64 x 2.48 x
EV / Revenue 4.46 x 15.9 x 9.85 x 8.94 x 4.43 x 3.54 x 3.17 x 2.92 x
EV / EBITDA 11.4 x -334 x 53 x 50.2 x 11.3 x 8.66 x 7.67 x 7.05 x
EV / FCF 71.4 x -21.7 x -38.9 x - 20.8 x 15.7 x 12.6 x 9.97 x
FCF Yield 1.4% -4.6% -2.57% - 4.8% 6.36% 7.94% 10%
Price to Book 8.18 x 15.3 x 14.4 x - 9 x 6.34 x 5.2 x 4.02 x
Nbr of stocks (in thousands) 767,995 763,809 763,974 764,141 753,329 745,030 - -
Reference price 2 69.04 59.60 37.64 48.07 49.21 45.45 45.45 45.45
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 13,739 3,612 4,234 4,110 10,372 11,872 12,847 13,674
EBITDA 1 5,389 -172 786 732 4,085 4,854 5,301 5,659
EBIT 1 3,698 -1,688 -689 -792 2,313 3,141 3,590 3,982
Operating Margin 26.92% -46.73% -16.27% -19.27% 22.3% 26.45% 27.94% 29.12%
Earnings before Tax (EBT) 1 3,772 -2,181 -1,474 -1,387 1,775 2,583 3,038 3,480
Net income 1 2,698 -1,685 -961 1,832 1,221 2,003 2,348 2,736
Net margin 19.64% -46.65% -22.7% 44.57% 11.77% 16.87% 18.28% 20.01%
EPS 2 3.500 -2.210 -1.260 2.400 1.620 2.640 3.122 3.661
Free Cash Flow 1 858 -2,642 -1,071 - 2,210 2,675 3,229 4,002
FCF margin 6.24% -73.15% -25.3% - 21.31% 22.53% 25.14% 29.26%
FCF Conversion (EBITDA) 15.92% - - - 54.1% 55.11% 60.92% 70.71%
FCF Conversion (Net income) 31.8% - - - 181% 133.51% 137.56% 146.24%
Dividend per Share 2 3.080 0.7900 - - 0.6000 0.8000 0.8802 0.8988
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 1,008 943 1,045 1,005 1,117 2,120 2,542 2,795 2,915 2,959 2,848 2,948 3,010 3,051 3,097
EBITDA 1 251 110 209 191 222 792 973 1,122 1,198 1,207 1,151 1,186 1,219 1,223 1,254
EBIT 1 -138 -302 -147 -177 -166 378 537 688 710 717 690.9 750.4 769.7 831.2 849.8
Operating Margin -13.69% -32.03% -14.07% -17.61% -14.86% 17.83% 21.13% 24.62% 24.36% 24.23% 24.26% 25.45% 25.57% 27.24% 27.44%
Earnings before Tax (EBT) 1 -301 -476 -304 -320 -287 195 417 571 592 600 580.8 633.8 658.9 717.7 751.9
Net income 1 -123 2,530 -290 -239 -169 147 312 380 382 494 450.3 490.3 506.4 563.8 591.8
Net margin -12.2% 268.29% -27.75% -23.78% -15.13% 6.93% 12.27% 13.6% 13.1% 16.69% 15.81% 16.63% 16.82% 18.48% 19.11%
EPS 2 -0.1700 3.310 -0.3800 -0.3100 -0.2200 0.1900 0.4100 0.5000 0.5000 0.6600 0.5892 0.6478 0.6720 0.7500 0.7900
Dividend per Share 2 - - - - - - - 0.2000 0.2000 0.2000 0.2000 0.2000 0.2000 0.2135 0.2135
Announcement Date 1/26/22 4/27/22 7/20/22 10/19/22 1/25/23 4/19/23 7/19/23 10/18/23 1/24/24 4/17/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 8,234 11,886 12,941 - 8,924 8,189 6,818 6,051
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.528 x -69.1 x 16.46 x - 2.185 x 1.687 x 1.286 x 1.069 x
Free Cash Flow 1 858 -2,642 -1,071 - 2,210 2,675 3,229 4,002
ROE (net income / shareholders' equity) 49.6% -41.3% -38.7% - 30.5% 44.1% 39.5% 38.8%
ROA (Net income/ Total Assets) 11.8% -7.66% -4.7% - 6.5% 10.9% 11.9% 11.3%
Assets 1 22,873 21,997 20,434 - 18,798 18,442 19,784 24,215
Book Value Per Share 2 8.440 3.890 2.610 - 5.470 7.170 8.740 11.30
Cash Flow per Share 2 3.940 -1.720 -0.3400 - 4.220 5.350 6.050 -
Capex 1 2,180 1,330 828 - 1,017 1,561 1,214 1,025
Capex / Sales 15.87% 36.82% 19.56% - 9.81% 13.15% 9.45% 7.5%
Announcement Date 1/29/20 1/27/21 1/26/22 1/25/23 1/24/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
20
Last Close Price
45.45 USD
Average target price
62.53 USD
Spread / Average Target
+37.59%
Consensus
  1. Stock Market
  2. Equities
  3. LVS Stock
  4. Financials Las Vegas Sands Corp.