SEHK:1128

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Executive Summary

Wynn Macau, Limited develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. More Details


Snowflake Analysis

Exceptional growth potential with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 1128's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.2%

1128

3.4%

HK Hospitality

1.1%

HK Market


1 Year Return

-32.3%

1128

-5.6%

HK Hospitality

1.4%

HK Market

Return vs Industry: 1128 underperformed the Hong Kong Hospitality industry which returned -5.6% over the past year.

Return vs Market: 1128 underperformed the Hong Kong Market which returned 1.4% over the past year.


Shareholder returns

1128IndustryMarket
7 Day1.2%3.4%1.1%
30 Day-6.4%0.7%7.0%
90 Day-11.0%13.9%2.4%
1 Year-32.3%-32.3%-4.0%-5.6%5.6%1.4%
3 Year-35.1%-42.6%-15.6%-22.0%-4.4%-14.8%
5 Year24.6%1.2%21.1%4.4%20.5%0.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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


Share Price vs. Fair Value

Below Fair Value: 1128 (HK$11.48) is trading above our estimate of fair value (HK$4.59)

Significantly Below Fair Value: 1128 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1128 is unprofitable, so we can't compare its PE Ratio to the HK Hospitality industry average.

PE vs Market: 1128 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1128's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1128 has negative assets, so we can't compare its PB Ratio to the HK Hospitality industry average.


Next Steps

Future Growth

How is Wynn Macau forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

95.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1128 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).

Earnings vs Market: 1128 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1128's is expected to become profitable in the next 3 years.

Revenue vs Market: 1128's revenue (33.6% per year) is forecast to grow faster than the Hong Kong market (13.3% per year).

High Growth Revenue: 1128's revenue (33.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1128's Return on Equity is forecast to be very high in 3 years time (103.2%).


Next Steps

Past Performance

How has Wynn Macau performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1128 is currently unprofitable.

Growing Profit Margin: 1128 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1128 is unprofitable, but has reduced losses over the past 5 years at a rate of 9.2% per year.

Accelerating Growth: Unable to compare 1128's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1128 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-56.1%).


Return on Equity

High ROE: 1128's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Wynn Macau's financial position?


Financial Position Analysis

Short Term Liabilities: 1128 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 1128 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1128 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 1128's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: 1128's debt is not well covered by operating cash flow (2.4%).

Interest Coverage: Insufficient data to determine if 1128's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Wynn Macau current dividend yield, its reliability and sustainability?

3.90%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1128's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1128'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 1128's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1128's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1128 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1128's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Matt Maddox (44 yo)

2.67yrs

Tenure

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 ...


Leadership Team

NamePositionTenureCompensationOwnership
Linda Chen
Vice Chairman & COO2.5yrsHK$48.05mno data
Ian Coughlan
President & Executive Director11.08yrsHK$43.55mno data
Matthew Maddox
CEO & Executive Director2.67yrsno datano data
Jay Schall
Executive VP & General Counselno datano datano data
Katharine Liu
Director of Communicationsno datano datano data
Mo Mok
Senior Vice President of Human Resources3.75yrsno datano data
Robert Gansmo
Senior VP & CFO of Wynn Resorts (Macau)6.75yrsno datano data
Wing Tsz Ho
Company Secretary7.67yrsno datano data
Michael Harvey
President of Wynn Design & Development Asia9.5yrsno datano data
Marilyn Spiegel
President of Wynn Las Vegasno datano datano data
Brian Gullbrants
President of Encore Boston Harborno datano datano data

6.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 1128's management team is seasoned and experienced (6.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Linda Chen
Vice Chairman & COO2.5yrsHK$48.05mno data
Ian Coughlan
President & Executive Director11.08yrsHK$43.55mno data
Matthew Maddox
CEO & Executive Director2.67yrsno datano data
Nicholas Robert Sallnow-Smith
Independent Non-Executive Director11.08yrsHK$3.39m0.0055%
HK$ 3.3m
Allan Zeman
Independent Non-Executive Chairman2.67yrsHK$5.38m0.013%
HK$ 7.8m
Bruce Rockowitz
Independent Non-Executive Director11.08yrsHK$3.14m0.013%
HK$ 7.8m
Kin-Fung Lam
Independent Non-Executive Director11.08yrsHK$3.11mno data
Craig Billings
Non-Executive Director2.17yrsno datano data
Xiaowei Ye
Independent Non-Executive Director1.5yrsHK$1.31mno data

7.6yrs

Average Tenure

61yo

Average Age

Experienced Board: 1128's board of directors are considered experienced (7.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 Macau, Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wynn Macau, Limited
  • Ticker: 1128
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: HK$60.807b
  • Shares outstanding: 5.20b
  • Website: https://www.wynnmacaulimited.com

Number of Employees


Location

  • Wynn Macau, Limited
  • Rua Cidade de Sintra
  • NAPE
  • Macau
  • Macau

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1128SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2009
WYNM.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2009
8WYDB (Deutsche Boerse AG)YesOrdinary SharesDEEUROct 2009
1128SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2009
1128SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDOct 2009
WYNM.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDMar 2010

Biography

Wynn Macau, Limited develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. The company’s Wynn Palace resort features approximately 420,000 square feet of casino space providin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 12:41
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
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.