Business Description
Wynn Resorts Ltd
NAICS : 721120
SIC : 7011
ISIN : US9831341071
Share Class Description:
WYNN: Ordinary SharesCompare
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Traded in other countries / regions
WYNN.USAWYNN.Mexico0QYK.UKW1YN34.BrazilWYR.Germany Index Membership
S&P 500Russell 1000Russell 3000NASDAQ 100NASDAQ 100 IPO Date
2002-10-25Description
Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, and Encore Boston Harbor in Massachusetts opened June 2019. We expect the company to continue to build nongaming attractions in Macao over the next few years. We model Wynn's managed integrated resort in the United Arab Emirates to open in 2027. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and the US, respectively. In 2024, both the US and Macao were each 50% of total EBITDA.
Financial Strength
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Cash-To-Debt | 0.17 | |||||
| Equity-to-Asset | -0.03 | |||||
| Debt-to-Equity | -33.78 | |||||
| Debt-to-EBITDA | 6.61 | |||||
| Interest Coverage | 1.91 | |||||
| Piotroski F-Score | 6/9 | |||||
| Altman Z-Score | 1.16 | |||||
| Beneish M-Score | -2.39 | |||||
| WACC vs ROIC | ||||||
Growth Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 3-Year Revenue Growth Rate | 25 | |||||
| 3-Year EBITDA Growth Rate | 87.8 | |||||
| 3-Year Book Growth Rate | -3.9 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 1.5 |
Momentum Rank
8/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 89.09 | |||||
| 9-Day RSI | 80.8 | |||||
| 14-Day RSI | 73.87 | |||||
| 3-1 Month Momentum % | 9.44 | |||||
| 6-1 Month Momentum % | 5.08 | |||||
| 12-1 Month Momentum % | 3.27 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Current Ratio | 1.08 | |||||
| Quick Ratio | 1.05 | |||||
| Cash Ratio | 0.86 | |||||
| Days Inventory | 6.94 | |||||
| Days Sales Outstanding | 17.42 | |||||
| Days Payable | 18.72 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Dividend Yield % | 0.97 | |||||
| Dividend Payout Ratio | 0.18 | |||||
| Forward Dividend Yield % | 0.97 | |||||
| 5-Year Yield-on-Cost % | 0.97 | |||||
| 3-Year Average Share Buyback Ratio | 2.3 | |||||
| Shareholder Yield % | 13.6 |
Profitability Rank
7/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| Gross Margin % | 42.95 | |||||
| Operating Margin % | 18.18 | |||||
| Net Margin % | 6.17 | |||||
| EBITDA Margin % | 26.45 | |||||
| FCF Margin % | 10.91 | |||||
| ROE % | Neg. Equity | |||||
| ROA % | 3.23 | |||||
| ROIC % | 11.01 | |||||
| 3-Year ROIIC % | 345.63 | |||||
| ROC (Joel Greenblatt) % | 14.32 | |||||
| ROCE % | 11 | |||||
| Years of Profitability over Past 10-Year | 7 | |||||
| Moat score | 6 | |||||
| Tariff score | 6 |
GF Value Rank
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| PE Ratio | 29.08 | |||||
| Forward PE Ratio | 21.78 | |||||
| PE Ratio without NRI | 19 | |||||
| Price-to-Owner-Earnings | 18.96 | |||||
| PS Ratio | 1.6 | |||||
| Price-to-Free-Cash-Flow | 15.18 | |||||
| Price-to-Operating-Cash-Flow | 9.19 | |||||
| EV-to-EBIT | 16.65 | |||||
| EV-to-Forward-EBIT | 16.56 | |||||
| EV-to-EBITDA | 10.87 | |||||
| EV-to-Forward-EBITDA | 11.03 | |||||
| EV-to-Revenue | 2.88 | |||||
| EV-to-Forward-Revenue | 2.96 | |||||
| EV-to-FCF | 26.37 | |||||
| Price-to-GF-Value | 0.91 | |||||
| Price-to-Median-PS-Value | 0.75 | |||||
| Earnings Yield (Greenblatt) % | 6.01 | |||||
| FCF Yield % | 6.94 | |||||
| Forward Rate of Return (Yacktman) % | -2.94 |
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