Gambling, Resorts & Casinos · NYSE
Current Price
$53.72
Intrinsic Value
Use the calculator below to estimate
Run a full DCF analysis on Las Vegas Sands Corp. with auto-filled fundamentals, adjustable assumptions, and sensitivity heatmap.
Las Vegas Sands Corp., together with its subsidiaries, develops, owns, and operates integrated resorts in Asia and the United States. It owns and operates The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao and Four Seasons Hotel Macao, Cotai Strip, and the Sands Macao in Macao, the People's Republic of China; and Marina Bay Sands in Singapore. The company also owns and operates The Venetian Resort Hotel Casino on the Las Vegas Strip; and the Sands Expo and Convention Center in Las Vegas, Nevada. Its integrated resorts feature accommodations, gaming, entertainment and retail malls, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.
ROIC (TTM)
15.7%
ROE (TTM)
116.0%
FCF Yield
6.52%
Based on trailing twelve-month data, LVS shows a free cash flow per share of N/A and a ROIC of 15.7%, key inputs for stock valuation using the DCF method. The P/FCF ratio of N/A and FCF yield of 6.52% are important context metrics when evaluating LVS's stock valuation relative to peers.
The intrinsic value of LVS depends on assumptions about future growth rate, discount rate (WACC), and terminal value. A DCF model discounts projected free cash flows back to present value — small changes in WACC can shift the estimate by 20% or more, which is why sensitivity analysis is essential.
Whether LVS is undervalued depends on comparing the DCF-derived intrinsic value to the current market price of $53.72. A positive margin of safety (intrinsic value above market price) suggests potential undervaluation, but the degree of confidence depends on the reliability of your growth and discount rate assumptions.
To perform a DCF valuation on Las Vegas Sands Corp.: (1) Start with the trailing free cash flow per share as the base, (2) project future FCF growth over 5-10 years based on Gambling, Resorts & Casinos industry trends and company fundamentals, (3) apply a discount rate (WACC) reflecting LVS's risk profile, and (4) add a terminal value for cash flows beyond the projection period.
DCF (Discounted Cash Flow) estimates what a company is worth today based on its future cash generation. For Las Vegas Sands Corp., this means projecting how much free cash flow the Gambling, Resorts & Casinos will produce over the next 5-10 years, then discounting those amounts to today's dollars. LVS's ROIC of 15.7% indicates strong capital efficiency, which supports higher growth assumptions in the DCF model.
WACC (Weighted Average Cost of Capital) is the discount rate in a DCF model — it reflects the minimum return investors require. For LVS, the capital structure and equity risk premium determine WACC. A 1% increase in WACC typically reduces the intrinsic value by 10-15%.
