Gambling, Resorts & Casinos · NASDAQ
Current Price
$99.01
PE Ratio (TTM)
27.2x
Intrinsic Value
$88.6
-11.8% margin of safety
COMPETITIVE MOAT
↑Luxury Brand & Prime Real Estate
Wynn's exclusive brand appeals to high-net-worth individuals. Its prime locations in Las Vegas and Macau offer limited competition and command premium pricing.
↑Customer Loyalty & High Spend
A loyal, high-spending customer base generates consistent revenue. Repeat business is driven by exceptional service and unique entertainment experiences.
↑Operational Excellence & Scale
Efficient operations and economies of scale in its integrated resorts allow for superior profit margins. This scale also supports significant investment in amenities.
INVESTMENT RISKS
↓Economic Sensitivity & Discretionary Spending
Wynn's revenue is highly dependent on discretionary consumer spending, which is vulnerable to economic downturns. Recessions can significantly reduce travel and entertainment budgets.
↓Geopolitical & Travel Disruptions
Geopolitical instability or global health crises can severely impact international travel, particularly to Macau. This directly affects a significant portion of Wynn's customer base.
↓Capital Intensity & Development Costs
Developing and maintaining luxury resorts requires substantial capital investment. Delays or cost overruns in new projects can strain financial resources.
Base case
A base case PE valuation for WYNN estimates a fair value of about $88.6 per share, against a current price of $99.01. The model assumes 3.7% annual earnings growth, a 27x target PE multiple, and a 10% discount rate.
Intrinsic Value
$88.6
Margin of safety
-11.8%
Expected annual return
-2.2%
Base case assumptions: 3.7% annual earnings growth, 27x target PE, 10% discount rate, 5 year projection. Data as of 2026-07-29.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for Wynn Resorts, Limited respond.
Open PE Calculator for WYNNWynn Resorts, Limited excels in the conceptualization, development, and operation of upscale integrated resort properties. The Wynn Palace, situated in Cotai, boasts a gaming floor spanning 424,000 square feet, which includes 323 table games, 1,035 slot machines, exclusive private gaming salons, and sky casinos. Accommodations are offered in a luxurious hotel tower featuring 1,706 guest rooms, suites, and villas, complemented by a health club, spa, salon, and swimming pool. This location further provides 14 distinct food and beverage establishments, 107,000 square feet for retail, 37,000 square feet of conference and event space, alongside a performance lake and elaborate floral displays. The Wynn Macau resort presents a 252,000 square-foot casino housing 331 table games, 818 slot machines, private gaming salons, sky casinos, and a dedicated poker room. Its two opulent hotel towers collectively feature 1,010 guest rooms and suites, enhanced by two health clubs, two spas, a salon, and a swimming pool. Guests also have access to 14 dining and drinking venues, 59,000 square feet of shopping areas, 31,000 square feet of meeting and convention facilities, and a unique Chinese zodiac-inspired ceiling. The company's Las Vegas operations encompass a 194,000 square-foot casino, equipped with 223 table games, 1,751 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book. Two lavish hotel towers offer 4,748 guest rooms, suites, and villas, complete with multiple swimming pools, private cabanas, two full-service spas and salons, and a wedding chapel. Additional amenities include 32 food and beverage outlets, a substantial 513,000 square feet of meeting and convention space, 155,000 square feet of retail offerings, two theaters, three nightclubs, and a beach club. Finally, the Encore Boston Harbor facility comprises a 211,000 square-foot casino area, featuring 184 table games, 2,766 slot machines, various gaming zones, and a poker room. Its high-end hotel tower contains 671 guest rooms and suites, alongside a spa and salon. This property also includes 15 food and beverage options, a nightclub, 10,000 square feet of retail space, 71,000 square feet dedicated to meetings and conventions, a waterfront park, floral arrangements, and water shuttle services. Established in 2002, Wynn Resorts maintains its corporate headquarters in Las Vegas, Nevada.
PE Ratio (TTM)
27.2x
PEG Ratio
n/m
Earnings Yield
3.67%
ROE (TTM)
-115.5%
Revenue/Share (TTM)
$70.76
Dividend Yield
1.01%
Debt/Equity
n/m
The trailing twelve-month PE ratio of WYNN reflects how much investors pay per dollar of Wynn Resorts, Limited's earnings. This metric is most useful when compared to Gambling, Resorts & Casinos peers and the company's own historical range.
WYNN's PE of 27.2x combined with a PEG ratio of -3.27 provides a growth-adjusted perspective. WYNN has negative earnings, so its PE and PEG ratios are not meaningful here and cannot tell you whether the stock is over or undervalued. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Gambling, Resorts & Casinos, a DCF analysis may be more appropriate.
To value Wynn Resorts, Limited using PE: (1) Compare the current PE (27.2x) against the Gambling, Resorts & Casinos median to assess relative pricing, (2) check the PEG ratio (-3.27) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
WYNN's PEG ratio is -3.27, calculated by dividing the PE ratio (27.2x) by the expected earnings growth rate. Because WYNN has negative earnings, its PEG ratio is not meaningful and should not be read as a sign of under or overvaluation. Note that PEG accuracy depends on the reliability of growth estimates.
PE ratio gives a quick relative read — how WYNN is priced versus Gambling, Resorts & Casinos peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
P/E and DCF value WYNN with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-07-29. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.