Projected Income Statement: Las Vegas Sands Corp.

Forecast Balance Sheet: Las Vegas Sands Corp.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 12,941 - 8,924 10,102 11,943 11,894 11,532 12,865
Change - - - 13.2% 18.22% -0.41% -3.04% 11.56%
Announcement Date 1/26/22 1/25/23 1/24/24 1/29/25 1/28/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Las Vegas Sands Corp.

Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
CAPEX 1 828 1,017 1,567 1,168 1,420 1,487 2,256
Change - - 54.08% -25.46% 21.61% 4.69% 51.73%
Free Cash Flow (FCF) 1 -1,071 2,210 1,637 1,855 2,931 3,129 2,473
Change - - -25.93% 13.32% 57.99% 6.77% -20.97%
Announcement Date 1/26/22 1/24/24 1/29/25 1/28/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Las Vegas Sands Corp.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 18.56% 17.81% 39.38% 38.76% 40.19% 39.06% 39.39% 39.85%
EBIT Margin (%) -16.27% -19.27% 22.3% 21.26% 21.65% 24.78% 25.04% 25.77%
EBT Margin (%) -34.81% -33.75% 17.11% 17.35% 17% 19.9% 20.33% 21.26%
Net margin (%) -22.7% 44.57% 11.77% 12.8% 12.5% 15.22% 15.35% 16.25%
FCF margin (%) -25.3% - 21.31% 14.49% 14.25% 20.75% 21.23% 16.09%
FCF / Net Income (%) 111.45% - 181% 113.21% 114.01% 136.31% 138.25% 99.04%

Profitability

        
ROA -4.7% - 6.5% 7.88% 9.78% 13.03% 13.7% 12.5%
ROE -38.68% - 30.53% 47.79% 93.12% 155.54% 227.55% 176.61%

Financial Health

        
Leverage (Debt/EBITDA) 16.46x - 2.18x 2.31x 2.28x 2.16x 1.99x 2.1x
Debt / Free cash flow -12.08x - 4.04x 6.17x 6.44x 4.06x 3.69x 5.2x

Capital Intensity

        
CAPEX / Current Assets (%) 19.56% - 9.81% 13.87% 8.97% 10.06% 10.09% 14.68%
CAPEX / EBITDA (%) 105.34% - 24.9% 35.78% 22.32% 25.75% 25.61% 36.85%
CAPEX / FCF (%) -77.31% - 46.02% 95.72% 62.96% 48.47% 47.52% 91.24%

Items per share

        
Cash flow per share 1 -0.34 - 4.218 4.347 4.362 6.109 7.156 6.598
Change - - - 3.06% 0.34% 40.05% 17.13% -7.79%
Dividend per Share 1 - - 0.6 0.8 1 1.15 1.258 1.386
Change - - - 33.33% 25% 15% 9.35% 10.18%
Book Value Per Share 1 2.61 - 5.466 4.028 2.356 3.134 5.285 7.254
Change - - - -26.3% -41.51% 33.01% 68.66% 37.25%
EPS 1 -1.26 2.4 1.62 1.96 2.35 3.218 3.543 4
Change - 290.48% -32.5% 20.99% 19.9% 36.92% 10.13% 12.88%
Nbr of stocks (in thousands) 763,974 764,141 753,329 725,009 676,113 662,604 662,604 662,604
Announcement Date 1/26/22 1/25/23 1/24/24 1/29/25 1/28/26 - - -
1USD
Estimates
2026 *2027 *
P/E 14.5x 13.2x
PBR 14.9x 8.83x
EV / Sales 3.03x 2.88x
Yield 2.46% 2.69%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
A
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
20
Last Close Price
46.69USD
Average target price
68.01USD
Spread / Average Target
+45.66%

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Stocks
  3. LVS Stock
  4. Financials Las Vegas Sands Corp.