Las Vegas Sands Corp. (LVS) DCF Valuation
Two independent models estimate Las Vegas Sands Corp.'s fair value between $5.44 (conservative case) and $63.80 (analyst consensus).
What would today's price require?
$50.81 is justified only if free cash flow grows about +19.7% a year for the next decade — slower than the company has actually grown.
Current Price
$50.81
Fair-Value Range
$5.44 – $63.80
Market-Implied Growth
+19.7%/yr
vs +27.9% 5Y actual
LVS DCF Fair Value Calculator
Edit the assumptions to see how they change the estimated fair value. Illustrative model — not investment advice. Defaults to a conservative base case; the analyst (FMP) DCF, where available, is shown as a reference below.
Base inputs: FCF $949.8M · 0.66B shares · net debt $12.0B
Estimated Fair Value
$5.44
-89.3% vs $50.81
Sensitivity — fair value by discount rate × terminal growth
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.0%/yr FCF growth and 10-year horizon fixed. Green = above today's $50.81; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 8.0% | $11.15 | $12.65 | $14.42 | $16.54 | $19.13 |
| 9.0% | $7.03 | $8.05 | $9.23 | $10.61 | $12.24 |
| 10.0% | $3.89 | $4.62 | $5.44 | $6.39 | $7.48 |
| 11.0% | $1.42 | $1.96 | $2.55 | $3.23 | $3.99 |
| 12.0% | — | — | $0.28 | $0.77 | $1.32 |
About Las Vegas Sands Corp.
Las Vegas Sands Corporation, in conjunction with its various subsidiaries, specializes in the development, ownership, and ongoing management of comprehensive integrated resort properties across both Asian and United States markets. The company maintains a significant portfolio of establishments in Macao, People's Republic of China, including The Venetian Macao Resort Hotel, the Londoner Macao, The Parisian Macao, The Plaza Macao (which encompasses the Four Seasons Hotel Macao, Cotai Strip), and the Sands Macao. Furthermore, its Asian operations extend to Singapore, where it presides over the iconic Marina Bay Sands. Domestically, Las Vegas Sands also operates key assets within Las Vegas, Nevada: The Venetian Resort Hotel Casino, prominently situated on the renowned Las Vegas Strip, and the Sands Expo and Convention Center. These expansive integrated resorts are meticulously designed to offer a full spectrum of guest experiences, boasting luxurious accommodations, extensive gaming facilities, diverse entertainment venues, high-end retail shopping complexes, state-of-the-art convention and exhibition spaces, gourmet restaurants helmed by celebrity chefs, and numerous other guest conveniences. Established in 1988, Las Vegas Sands Corp. maintains its corporate headquarters in Las Vegas, Nevada.
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- CEO
- Patrick Dumont