Wynn Macau, Limited

DB:8WY Stock Report

Market Cap: €3.5b

Wynn Macau Valuation

Is 8WY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 8WY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8WY (€0.65) is trading below our estimate of fair value (€1.05)

Significantly Below Fair Value: 8WY is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8WY?

Key metric: As 8WY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8WY. This is calculated by dividing 8WY's market cap by their current earnings.
What is 8WY's PE Ratio?
PE Ratio10.4x
EarningsHK$2.68b
Market CapHK$27.80b

Price to Earnings Ratio vs Peers

How does 8WY's PE Ratio compare to its peers?

The above table shows the PE ratio for 8WY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.4x
TIMA ZEAL Network
22.7x-12.6%€1.1b
TUI1 TUI
8.1x16.1%€4.1b
LTMC Lottomatica Group
54.4x35.7%€3.3b
GENTING Genting Berhad
12.3x20.1%RM 14.8b
8WY Wynn Macau
10.4x15.3%€27.8b

Price-To-Earnings vs Peers: 8WY is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (22.9x).

Price to Earnings Ratio vs Industry

How does 8WY's PE Ratio compare vs other companies in the European Hospitality Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
8WY 10.4xIndustry Avg. 17.0xNo. of Companies16PE01224364860+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 8WY is good value based on its Price-To-Earnings Ratio (10.4x) compared to the European Hospitality industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is 8WY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8WY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio26.7x

Price-To-Earnings vs Fair Ratio: 8WY is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 8WY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€0.65
€0.96
+46.4%
13.8%€1.26€0.75n/a15
Dec ’25€0.70
€0.97
+39.5%
12.7%€1.25€0.74n/a15
Nov ’25€0.68
€1.01
+48.7%
10.5%€1.22€0.83n/a14
Oct ’25€0.73
€0.97
+32.8%
12.5%€1.18€0.71n/a14
Sep ’25€0.57
€0.97
+70.3%
12.8%€1.17€0.71n/a14
Aug ’25€0.64
€1.11
+74.3%
10.8%€1.29€0.86n/a14
Jul ’25€0.71
€1.19
+69.0%
7.5%€1.37€1.05n/a14
Jun ’25€0.83
€1.19
+43.4%
8.7%€1.36€1.02n/a14
May ’25€0.82
€1.11
+35.4%
8.2%€1.28€1.01n/a14
Apr ’25€0.80
€1.05
+31.1%
6.1%€1.13€0.90n/a13
Mar ’25€0.75
€1.05
+40.2%
7.1%€1.21€0.88n/a13
Feb ’25€0.70
€1.02
+45.2%
7.6%€1.14€0.87n/a13
Jan ’25€0.72
€1.14
+58.6%
37.9%€2.73€0.84€0.6415
Dec ’24€0.65
€1.22
+86.6%
36.1%€2.75€0.99€0.7014
Nov ’24€0.81
€1.36
+68.3%
32.6%€2.86€1.09€0.6813
Oct ’24€0.88
€1.35
+53.2%
32.1%€2.82€1.10€0.7313
Sep ’24€0.88
€1.32
+50.2%
30.4%€2.77€1.07€0.5715
Aug ’24€0.91
€1.23
+35.6%
35.1%€2.71€0.60€0.6415
Jul ’24€0.83
€1.28
+53.7%
34.3%€2.76€0.61€0.7115
Jun ’24€0.76
€1.27
+66.7%
34.1%€2.80€0.62€0.8316
May ’24€1.01
€1.24
+22.6%
34.6%€2.74€0.60€0.8216
Apr ’24€0.88
€1.25
+43.3%
34.9%€2.79€0.62€0.8016
Mar ’24€1.00
€1.29
+29.7%
34.8%€2.84€0.63€0.7516
Feb ’24€1.04
€1.12
+7.0%
45.9%€2.77€0.49€0.7016
Jan ’24€1.01
€0.91
-10.4%
60.4%€2.88€0.51€0.7216

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 04:46
End of Day Share Price 2025/01/03 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wynn Macau, Limited is covered by 39 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phoebe TseBarclays
D. S. KimBNP Paribas Securities (Asia)
Yifan ZhouBOCI Research Ltd.