Wynn Macau Valuation

Is 8WY0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

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 8WY0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8WY0 (€6.7) is trading below our estimate of fair value (€9.84)

Significantly Below Fair Value: 8WY0 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8WY0?

Key metric: As 8WY0 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 8WY0. This is calculated by dividing 8WY0's market cap by their current earnings.
What is 8WY0's PE Ratio?
PE Ratio	11.4x
Earnings	HK$2.68b
Market Cap	HK$30.52b

8WY0 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.3x
Enterprise Value/EBITDA	8.6x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does 8WY0's PE Ratio compare to its peers?

The above table shows the PE ratio for 8WY0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	11.5x
TIMA ZEAL Network	20.3x	-4.5%	€955.1m
TUI1 TUI	7.1x	17.3%	€3.8b
IFA LS Invest	6.7x	n/a	€291.1m
GENTING Genting Berhad	12x	20.1%	RM 14.4b
8WY0 Wynn Macau	11.4x	13.1%	€30.5b

Price-To-Earnings vs Peers: 8WY0 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (11.5x).

Price to Earnings Ratio vs Industry

How does 8WY0's PE Ratio compare vs other companies in the European Hospitality Industry?

11 Companies	Price / Earnings	Estimated Growth	Market Cap

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 8WY0 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is 8WY0'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.

8WY0 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.4x
Fair PE Ratio	26x

Price-To-Earnings vs Fair Ratio: 8WY0 is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (26x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.