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: $69.70 DETAILS
HIGH: $80.00
LOW: $63.00
MEDIAN: $68.50
CONSENSUS: $69.70
UPSIDE: 41.01%
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 16.0% below fair value
Current Price $49.43
Bear Case $47.10 4.7% downside ($47.10 - $49.43) / $49.43 = -4.7% $2.41 × 18x P/E
Fair Value $58.86 19.1% upside ($58.86 - $49.43) / $49.43 = 19.1% $2.41 × 22x P/E
Bull Case $70.63 42.9% upside ($70.63 - $49.43) / $49.43 = 42.9% $2.41 × 27x P/E

Adjust Assumptions

22.5x
2.41$

Key Value Driver

Normalized P/E multiple (22x base case)

Implied Market Multiple 20.5x

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 $69.70 from 49 analysts, using a 30% weight on analyst consensus. That produces an estimated intrinsic value of $58.86 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