Las Vegas Sands Corp.

DB:LCR Stock Report

Market Cap: €35.9b

Las Vegas Sands Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: LCR (€49.33) is trading below our estimate of fair value (€147.43)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for LCR. This is calculated by dividing LCR's market cap by their current earnings.
What is LCR's PE Ratio?
PE Ratio24.8x
EarningsUS$1.50b
Market CapUS$37.24b

Price to Earnings Ratio vs Peers

How does LCR's PE Ratio compare to its peers?

The above table shows the PE ratio for LCR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.9x
TIMA ZEAL Network
22.6x-12.6%€1.1b
TUI1 TUI
8.4x16.1%€4.2b
1928 Sands China
19.9x17.8%HK$163.5b
27 Galaxy Entertainment Group
16.9x14.9%HK$140.8b
LCR Las Vegas Sands
24.8x14.5%€37.2b

Price-To-Earnings vs Peers: LCR is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (17x).

Price to Earnings Ratio vs Industry

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

9 CompaniesPrice / EarningsEstimated GrowthMarket Cap
LCR 24.8xIndustry Avg. 17.2xNo. of Companies16PE01224364860+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: LCR is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is LCR'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.

LCR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate LCR's Price-To-Earnings Fair Ratio for valuation analysis.

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 LCR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€49.33
€56.72
+15.0%
7.3%€62.93€48.63n/a19
Dec ’25€47.62
€56.42
+18.5%
6.6%€62.42€48.98n/a19
Nov ’25€47.43
€54.10
+14.1%
6.7%€59.85€46.04n/a19
Oct ’25€45.72
€49.08
+7.3%
9.3%€63.24€39.75n/a19
Sep ’25€35.11
€48.34
+37.7%
10.1%€62.55€40.21n/a19
Aug ’25n/a
€51.06
0%
11.6%€64.75€41.63n/a19
Jul ’25n/a
€57.76
0%
9.4%€70.92€49.45n/a19
Jun ’25n/a
€57.28
0%
9.1%€69.97€48.80n/a19
May ’25€41.49
€58.28
+40.5%
9.1%€71.20€49.65n/a19
Apr ’25€47.72
€59.17
+24.0%
9.9%€69.20€49.82n/a17
Mar ’25€50.20
€59.54
+18.6%
10.0%€70.04€50.43n/a16
Feb ’25€45.86
€58.57
+27.7%
10.2%€69.09€49.74n/a16
Jan ’25n/a
€58.85
0%
11.1%€70.63€47.70€49.3317
Dec ’24€41.86
€60.02
+43.4%
10.1%€72.00€49.22€47.6216
Nov ’24€44.34
€61.97
+39.8%
9.4%€74.77€51.11€47.4316
Oct ’24n/a
€64.24
0%
7.0%€75.61€55.42€45.7216
Sep ’24€49.24
€64.53
+31.1%
7.4%€74.73€54.77€35.1116
Aug ’24€54.15
€63.11
+16.6%
7.4%€72.56€53.18n/a17
Jul ’24€52.50
€63.54
+21.0%
8.4%€73.82€47.68n/a18
Jun ’24€52.00
€64.49
+24.0%
8.2%€74.74€48.28n/a18
May ’24n/a
€62.70
0%
8.4%€73.28€47.34€41.4918
Apr ’24€50.39
€60.32
+19.7%
7.2%€70.83€48.46€47.7217
Mar ’24€54.91
€59.71
+8.7%
8.8%€71.28€48.77€50.2017
Feb ’24€53.42
€58.24
+9.0%
9.6%€69.91€45.08€45.8617
Jan ’24€43.74
€49.20
+12.5%
13.1%€66.98€37.74n/a17

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 00:19
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
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

Las Vegas Sands Corp. is covered by 56 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David BainAegis Capital Corporation
John StaszakArgus Research Company
Alistair ScobieAtlantic Equities LLP