Las Vegas Sands Corp. logo LVS - Las Vegas Sands Corp.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 30
HOLD 19
SELL 0
STRONG
SELL
0
| PRICE TARGET: $66.30 DETAILS
HIGH: $77.00
LOW: $52.00
MEDIAN: $65.00
CONSENSUS: $66.30
UPSIDE: 46.16%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 65% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Fair Value Moderate
Trading 21.6% below fair value
Current Price $45.36
Bear Case $46.28 2.0% upside ($46.28 - $45.36) / $45.36 = 2.0% $2.41 × 18x P/E
Fair Value $57.84 27.5% upside ($57.84 - $45.36) / $45.36 = 27.5% $2.41 × 22x P/E
Bull Case $69.41 53.0% upside ($69.41 - $45.36) / $45.36 = 53.0% $2.41 × 27x P/E

Adjust Assumptions

22.5x
2.41$

Key Value Driver

Normalized P/E multiple (22x base case)

Implied Market Multiple 18.8x

Plain-Language Summary

Our base-case estimate uses a valuation based on adjusted earnings per share and a normalized price-to-earnings multiple. We then blend that result with the average analyst price target of $66.30 from 49 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $57.84 per share.

Key Risks

  • Growth DCF inappropriate — terminal value assumptions dominate
  • EV/EBITDA misleading for regulated businesses where capex is mandated
  • Regulatory risk is a fat tail not visible in normal multiples