-3.07%
0.80%
-9.55%
4.87%
-8.03%
1.64%
-31.16%

Company Description

Wynn Resorts, Limited designs, develops, and operates integrated resorts.Its Wynn Palace segment operates 424,000 square feet of casino space with 323 table games, 1,035 slot machines, private gaming salons, and sky casinos; a luxury hotel tower with 1,706 guest rooms, suites, and villas, including a health club, spa, salon, and pool; 14 food and beverage outlets; 107,000 square feet of retail space; 37,000 square feet of meeting and convention space; and performance lake and floral art displays.Its Wynn Macau segment operates 252,000 square feet of casino space with 331 table games, 818 slot machines, private gaming salons, sky casinos, and a poker room; two luxury hotel towers with 1,010 guest rooms and suites that include two health clubs, two spas, a salon, and a pool; 14 food and beverage outlets; 59,000 square feet of retail space; 31,000 square feet of meeting and convention space; and Chinese zodiac-inspired ceiling attractions.


Its Las Vegas Operations segment operates 194,000 square feet of casino space with 223 table games, 1,751 slot machines, private gaming salons, a sky casino, a poker room, and a race and sports book; two luxury hotel towers with 4,748 guest rooms, suites, and villas, including swimming pools, private cabanas, two full service spas and salons, and a wedding chapel; 32 food and beverage outlets; 513,000 square feet of meeting and convention space; 155,000 square feet of retail space; and two theaters, three nightclubs and a beach club.Its Encore Boston Harbor segment operates 211,000 square feet of casino space with 184 table games, 2,766 slot machines, gaming areas, and a poker room; a luxury hotel tower with 671 guest rooms and suites, including a spa and salon; 15 food and beverage outlets and a nightclub; 10,000 square feet of retail space; 71,000 square feet of meeting and convention space; and a waterfront park, floral displays, and water shuttle service.The company was founded in 2002 and is based in Las Vegas, Nevada.

Market Data

Last Price 86.85
Change Percentage -3.07%
Open 89.59
Previous Close 89.6
Market Cap ( Millions) 9537
Volume 3554242
Year High 110.38
Year Low 71.63
M A 50 88.74
M A 200 88.93

Financial Ratios

FCF Yield 13.60%
Dividend Yield 1.15%
ROE -489.13%
Debt / Equity -4764.35%
Net Debt / EBIDTA 557.74%
Price To Book -33.87
Price Earnings Ratio 10.0
Price To FCF 7.35
Price To sales 1.34
EV / EBITDA 10.41

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> Casino

Expected Growth : 5 %

What the company do ?

Wynn Resorts, Limited's Casino is a luxury gaming destination offering upscale amenities, fine dining, and top-notch entertainment options in a sophisticated atmosphere.

Why we expect these perspectives ?

Wynn Resorts' 5% growth driven by increasing gaming revenue from Macau and Las Vegas, rising hotel occupancy rates, and growing demand for luxury entertainment. Additionally, strategic expansion into new markets, such as online gaming and sports betting, contributes to growth. Effective cost management and investments in digital transformation also support profitability.

Segment nΒ°2 -> Rooms

Expected Growth : 3 %

What the company do ?

Wynn Resorts, Limited's Rooms offer luxurious accommodations with upscale amenities, stylish decor, and exceptional service, providing an unforgettable stay experience.

Why we expect these perspectives ?

Wynn Resorts' 3% growth in rooms is driven by increasing demand for luxury accommodations, particularly in Macau and Las Vegas. The company's focus on premium amenities, high-end gaming experiences, and strategic partnerships also contribute to growth. Additionally, Wynn's expansion into new markets, such as Boston and online gaming, provides further opportunities for room growth.

Segment nΒ°3 -> Food and Beverage

Expected Growth : 4 %

What the company do ?

Wynn Resorts' Food and Beverage segment offers upscale dining experiences, featuring celebrity-chef restaurants, bars, and lounges within its luxury resorts and casinos.

Why we expect these perspectives ?

Wynn Resorts' Food and Beverage segment growth is driven by increasing visitation and spend per visitor at its luxury resorts, particularly in Macau. Strong demand for premium dining experiences, expansion of F&B outlets, and effective yield management also contribute to growth. Additionally, the company's focus on enhancing customer experience through innovative culinary offerings and exceptional service further supports revenue growth.

Segment nΒ°4 -> Entertainment, Retail and Other

Expected Growth : 3 %

What the company do ?

Wynn Resorts' Entertainment segment includes casino operations, Retail segment consists of luxury retail space, and Other segment comprises of hotel, food and beverage, and entertainment amenities.

Why we expect these perspectives ?

{'Entertainment': 'Increased visitation and higher spend per visitor driven by new attractions and events, as well as a growing VIP gaming segment.', 'Retail': 'Expansion of luxury retail offerings and increased foot traffic driven by a growing tourist base and enhanced shopping experiences.', 'Other': 'Growth in hotel and food and beverage revenue driven by increased occupancy rates and higher average daily rates.'}

Wynn Resorts, Limited Products

Product Range What is it ?
Luxury Hotel Rooms Wynn Resorts offers luxurious hotel rooms and suites with upscale amenities and services.
Casino Gaming Wynn Resorts operates casinos with a wide range of games, including slots, table games, and poker.
Fine Dining Restaurants Wynn Resorts features upscale restaurants with celebrity-chef partnerships and exceptional cuisine.
Nightlife and Entertainment Wynn Resorts offers trendy bars, lounges, and nightclubs with live music and DJs.
Spas and Wellness Wynn Resorts provides luxurious spa facilities and wellness programs for relaxation and rejuvenation.
Meetings and Conventions Wynn Resorts offers extensive meeting and convention spaces with state-of-the-art amenities.
Wedding and Social Events Wynn Resorts provides luxurious venues and services for weddings, galas, and other social events.

Wynn Resorts, Limited's Porter Forces

Wynn Resorts, Limited faces moderate threat from substitutes, as customers have various alternatives for entertainment and leisure activities.

Wynn Resorts, Limited has a high bargaining power of customers, as customers have many options for gaming and hospitality services, and can easily switch to competitors.

Wynn Resorts, Limited has a low bargaining power of suppliers, as the company has a strong brand and can negotiate favorable terms with suppliers.

Wynn Resorts, Limited faces a low threat of new entrants, as the gaming and hospitality industry has high barriers to entry, including regulatory hurdles and significant capital requirements.

Wynn Resorts, Limited operates in a highly competitive industry, with intense rivalry among established players, leading to high marketing and promotional expenses.

Capital Structure

Value
Debt Weight 102.18%
Debt Cost 3.95%
Equity Weight -2.18%
Equity Cost 13.48%
WACC 3.74%
Leverage -4678.55%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
VAC Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The …
CHDN Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Live and Historical Racing, TwinSpires, and Gaming. As …
MTN Vail Resorts, Inc., through its subsidiaries, operates mountain resorts and urban ski areas in the United States. It operates through three segments: Mountain, Lodging, and Real Estate. The Mountain segment …
MGM MGM Resorts International, through its subsidiaries, owns and operates casino, hotel, and entertainment resorts in the United States and Macau. The company operates through three segments: Las Vegas Strip Resorts, …
HGV Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells, and manages vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Estate …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
86.85$
Current Price
86.85$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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