LSE:0QYK

Stock Analysis Report

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Executive Summary

Wynn Resorts, Limited designs, develops, and operates integrated resorts.


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Wynn Resorts's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 0QYK's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

126.9%

0QYK

9.9%

GB Hospitality

5.8%

GB Market


1 Year Return

76.6%

0QYK

-24.9%

GB Hospitality

-9.1%

GB Market

Return vs Industry: 0QYK exceeded the UK Hospitality industry which returned -24.9% over the past year.

Return vs Market: 0QYK exceeded the UK Market which returned -9.1% over the past year.


Shareholder returns

0QYKIndustryMarket
7 Day126.9%9.9%5.8%
30 Day130.9%9.4%9.7%
90 Day128.0%-11.9%3.2%
1 Year81.1%76.6%-22.3%-24.9%-4.8%-9.1%
3 Yearn/a-15.1%-24.4%-1.0%-13.0%
5 Yearn/a6.6%-12.4%18.4%-7.9%

Price Volatility Vs. Market

How volatile is Wynn Resorts's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wynn Resorts undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 0QYK ($194.18) is trading below our estimate of fair value ($546.06)

Significantly Below Fair Value: 0QYK is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 0QYK is unprofitable, so we can't compare its PE Ratio to the Hospitality industry average.

PE vs Market: 0QYK is unprofitable, so we can't compare its PE Ratio to the UK market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 0QYK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 0QYK is overvalued based on its PB Ratio (8.8x) compared to the GB Hospitality industry average (1x).


Next Steps

Future Growth

How is Wynn Resorts forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

137.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 0QYK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.2%).

Earnings vs Market: 0QYK is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 0QYK's is expected to become profitable in the next 3 years.

Revenue vs Market: 0QYK's revenue (22.4% per year) is forecast to grow faster than the UK market (3.6% per year).

High Growth Revenue: 0QYK's revenue (22.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 0QYK's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Wynn Resorts performed over the past 5 years?

6.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 0QYK is currently unprofitable.

Growing Profit Margin: 0QYK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 0QYK is unprofitable, but has reduced losses over the past 5 years at a rate of 6.8% per year.

Accelerating Growth: Unable to compare 0QYK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 0QYK is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-10.9%).


Return on Equity

High ROE: 0QYK has a negative Return on Equity (-30.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wynn Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: 0QYK's short term assets ($3.4B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: 0QYK's short term assets ($3.4B) do not cover its long term liabilities ($11.4B).


Debt to Equity History and Analysis

Debt Level: 0QYK's debt to equity ratio (1143.6%) is considered high.

Reducing Debt: 0QYK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 0QYK's debt is not well covered by operating cash flow (4.1%).

Interest Coverage: 0QYK is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Wynn Resorts's current dividend yield, its reliability and sustainability?

1.74%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 0QYK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 0QYK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 0QYK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 0QYK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 0QYK is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 0QYK's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.0yrs

Average management tenure


CEO

Matt Maddox (43yo)

2.33yrs

Tenure

US$13,851,298

Compensation

Mr. Matthew Ode Maddox, also known as Matt, has been Chief Executive Director and Executive Director at Wynn Macau, Ltd since February 7, 2018. Mr. Maddox has been Chief Executive Officer of Wynn Resorts L ...


CEO Compensation Analysis

Compensation vs Market: Matt's total compensation ($USD13.85M) is above average for companies of similar size in the UK market ($USD4.39M).

Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Matthew Maddox
CEO & Director2.33yrsUS$13.85m0.56% $61.1m
Craig Billings
President1.08yrsUS$4.79m0.079% $8.6m
Ellen Whittemore
Executive VP1.92yrsUS$2.59m0.026% $2.9m
Robert Amerine
Vice President – Corporate Financeno datano datano data
Scott Moore
Chief Marketing Officer1.42yrsno datano data
Erik Hansen
Chief Sustainability Officer2yrsno datano data
Michael Weaver
Chief Communications Officer1.42yrsno datano data
Rose Huddleston
Senior Vice President of Human Resources for North Americano datano datano data
Linda Chen
President of Wynn International Marketing5.42yrsUS$4.33m0.22% $23.6m
Ian Coughlan
President & Executive Director of Wynn Macau Limited10.75yrsno data0.12% $12.8m

2.0yrs

Average Tenure

52yo

Average Age

Experienced Management: 0QYK's management team is not considered experienced ( 2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Matthew Maddox
CEO & Director2.33yrsUS$13.85m0.56% $61.1m
Linda Chen
President of Wynn International Marketing5.42yrsUS$4.33m0.22% $23.6m
Ian Coughlan
President & Executive Director of Wynn Macau Limited10.75yrsno data0.12% $12.8m
Philip Satre
Independent Non-Executive Chairman1.58yrsUS$556.73k0.015% $1.7m
Betsy Atkins
Independent Director2.17yrsUS$392.66k0.0056% $610.6k
Winifred Webb
Independent Director2.17yrsUS$379.16k0.0056% $610.6k
Jay Johnson
Independent Director3.83yrsUS$375.59k0.0057% $625.9k
Patricia Mulroy
Independent Director4.67yrsUS$467.97k0.0073% $797.9k
Clark Randt
Independent Director4.67yrsUS$362.47k0.0076% $826.2k
Margaret Myers
Independent Director2.17yrsUS$408.16k0.0056% $610.6k

3.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 0QYK's board of directors are considered experienced (3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 0QYK insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wynn Resorts, Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wynn Resorts, Limited
  • Ticker: 0QYK
  • Exchange: LSE
  • Founded: 2002
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$10.885b
  • Shares outstanding: 107.12m
  • Website: https://www.wynnresorts.com

Number of Employees


Location

  • Wynn Resorts, Limited
  • 3131 Las Vegas Boulevard South
  • Las Vegas
  • Nevada
  • 89109
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WYNNNasdaqGS (Nasdaq Global Select)YesCommon Stock 0.01USUSDOct 2002
WYNN *BMV (Bolsa Mexicana de Valores)YesCommon Stock 0.01MXMXNOct 2002
WYRDB (Deutsche Boerse AG)YesCommon Stock 0.01DEEUROct 2002
WYNNSWX (SIX Swiss Exchange)YesCommon Stock 0.01CHCHFOct 2002
0QYKLSE (London Stock Exchange)YesCommon Stock 0.01GBUSDOct 2002
W1YN34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 2 COMBRBRLDec 2019

Biography

Wynn Resorts, Limited designs, develops, and operates integrated resorts. The company’s Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,011 slot machines, private gaming salons, and sky casinos; a luxury hotel towers with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 106,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays. Its Wynn Macau segment operates 252,000 square feet of casino space with 322 table games, 838 slot machines, private gaming salons, sky casinos, and a poker room; two luxury hotel with 1,010 guest rooms and suites that include two health clubs, two spas, a salon, and a pool; 12 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; and Chinese zodiac-inspired ceiling attractions. The company’s Las Vegas Operations segment operates 192,000 square feet of casino space with 232 table games, 1,756 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with a total of 4,748 guest rooms, suites, and villas, including swimming pools, private cabanas, two full service spas and salons, and a wedding chapel; 33 food and beverage outlets; 507,000 square feet of meeting and convention space; 160,000 square feet of retail space; and two theaters, three nightclubs and a beach club. Its Encore Boston Harbor segment operates 210,000 square feet of casino space with 161 table games, 2,833 slot machines, gaming areas, and a poker room; a hotel tower, including 671 guest rooms and suites; 16 food and beverage outlets and a nightclub; 8,000 square feet of retail space; 71,000 square feet of meeting and convention space; and a waterfront park, floral displays, and water shuttle service. The company was founded in 2002 and is based in Las Vegas, Nevada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/07 04:30
End of Day Share Price2020/06/05 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.