Entertainment SystemsTourismTravel AccommodationsHospitalityLeisureTravel
Description
Las Vegas Sands Corp. (‘LVSC’) develops and operates destination properties (‘Integrated Resorts’) that feature premium accommodations, world-class gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restauran…
Analysis
Quality compounder
Las Vegas Sands Corp. earns the quality_compounder label: good underlying economics priced fairly, with no obvious bargain or excess. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is attractive. The owner-earnings multiple stands at 14.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 2% a year, against analyst forecasts of 13%. The price, in other words, assumes less than the experts do.
Growth is solid; the safety picture is adequate. The company scores 18/20 on our value-creation score: strong value creator.
Flags to be aware of: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 20236
67
2023202420252026
All-time high
87
Jan 2026
All-time low
6
Jan 2023
Average rank
58
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
26
24
17
16
Price/Earnings
56
57
56
17
Price/Book
9
26
24
18
Dividend Yield
83
75
78
79
Value (overall)
36
9
46
23
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.