Las Vegas Sands Corp

Las Vegas Sands Corp

LVS

Market Cap$23.46B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Las Vegas Sands CorpLas Vegas Sands Corp16.72.59%50%2.35.2

Earnings Call Q4 2024

January 29, 2025 - AI Summary

Macao Market Growth: The Macao gaming market shows steady growth, with gaming revenue increasing by 6% YoY in Q4 2024. Sands anticipates the gross gaming revenue in Macao will exceed $30 billion by 2025, driven by strong asset quality and market positioning. Mass gaming revenue specifically grew by 5% in the same period, showcasing robust recovery in consumer spending.
Londoner Impact and Ramp-Up: The Londoner Grand Casino opened in September 2024 but operated with a reduced room inventory, limiting revenue potential. Sands is on track to complete renovations by May 2025, which is expected to significantly enhance EBITDA and improve margins as more rooms become available, with a projected increase of 47% more rooms compared to current availability.
Singapore Performance and Potential: Marina Bay Sands (MBS) generated $537 million in adjusted EBITDA and $746 million in mass gaming revenue, reflecting 71% growth compared to Q4 2019 and 28% YoY. The positive trend is attributed to strategic capital investment and high-value tourism. The ongoing capital reimbursement program is expected to further bolster growth through enhanced offerings.

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$55.61

Current Fair Value

63.8% upside

Undervalued by 63.8% based on the discounted cash flow analysis.

Share Statistics

Market cap$23.46 Billion
Enterprise Value$34.72 Billion
Dividend Yield$0.85 (2.59383582545011%)
Earnings per Share$1.97
Beta0.99
Outstanding Shares735,000,000

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio16.66
PEG-109.71
Price to Sales2.26
Price to Book Ratio8.49
Enterprise Value to Revenue3.07
Enterprise Value to EBIT13.52
Enterprise Value to Net Income24
Total Debt to Enterprise0.43
Debt to Equity5.17

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Las Vegas Sands Corp

CEO: Sheldon Adelson