Based on the provided data and recent market performance, here's a concise analysis of LVS's valuation:
LVS is currently trading at $42.00, showing a PE ratio of 26.18 and EV/EBITDA of 12.46 in Q4 2024, indicating relatively high valuation multiples compared to historical levels. The stock has declined by 2.28% in today's regular trading session.
Marina Bay Sands delivered strong Q4 revenue of $1.1 billion, while Macau operations contributed significantly to total 2024 revenue of $11.3 billion. The company's net margin has declined from 19.7% in Q1 to 13.54% in Q4 2024, suggesting some pressure on profitability.
Recent analyst actions show mixed sentiment - Morgan Stanley downgraded to Hold with $51 target due to China GDP concerns, while Jefferies upgraded to Strong Buy with $69 target based on improving Macau conditions. The current mean price target of $58.91 implies significant upside potential.
The high debt-to-equity ratio of 435.19% in Q4 2024 and declining current ratio to 0.74 raise some concerns about financial leverage, though strong cash flows from Singapore operations provide support.