Las Vegasnds (MEX:LVS) Cyclically Adjusted FCF per Share: MXN37.94 (As of Mar. 2026)

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MEX:LVS Las Vegas Sands Corp MEX:LVS
74 GF Score
Price MXN822.02
GF Value MXN1,277.41
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Las Vegasnds Cyclically Adjusted FCF per Share?

Las Vegasnds MEX:LVS 74 Cyclically Adjusted FCF per Share is MXN37.94 as of Mar. 2026. GuruFocus rates MEX:LVS with a GF Score™ of 74/100 and a GF Value™ of MXN1,277.41 (Significantly Undervalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Las Vegasnds's adjusted free cash flow per share for the three months ended in Mar. 2026 was MXN14.432. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN37.94 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Las Vegasnds's average Cyclically Adjusted FCF Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was -7.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -8.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Las Vegasnds was 44.90% per year. The lowest was -10.60% per year. And the median was -1.80% per year.

As of today (2026-07-14), Las Vegasnds's current stock price is MXN822.02. Las Vegasnds's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was MXN37.94. Las Vegasnds's Cyclically Adjusted Price-to-FCF of today is 21.67.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Las Vegasnds was 1069.33. The lowest was 11.39. And the median was 21.66.


Las Vegasnds  (MEX:LVS) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Las Vegasnds's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=822.02/37.94
=21.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Las Vegasnds was 1069.33. The lowest was 11.39. And the median was 21.66.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Las Vegasnds Cyclically Adjusted FCF per Share Related Terms


Las Vegasnds Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Las Vegasnds's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Las Vegasnds Cyclically Adjusted FCF per Share Chart

Las Vegasnds Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.39 48.07 39.20 41.86 35.59

Las Vegasnds Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.91 36.08 36.53 35.59 37.94

MEX:LVS vs MGM, WYNN, BYD: Cyclically Adjusted FCF per Share Comparison

For the Resorts & Casinos subindustry, Las Vegasnds's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Las Vegasnds Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Las Vegasnds's Cyclically Adjusted Price-to-FCF falls into.


MEX:LVS
74GF Score
Las Vegas Sands Corp MEX:LVS
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Las Vegasnds Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Las Vegasnds's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.432/330.2130*330.2130
=14.432

Current CPI (Mar. 2026) = 330.2130.

Las Vegasnds Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 13.446 241.018 18.422
201609 15.736 241.428 21.523
201612 23.807 241.432 32.561
201703 18.024 243.801 24.412
201706 22.093 244.955 29.783
201709 20.646 246.819 27.622
201712 26.682 246.524 35.740
201803 26.653 249.554 35.268
201806 23.107 251.989 30.280
201809 16.376 252.439 21.421
201812 24.544 251.233 32.260
201903 14.517 254.202 18.858
201906 -4.728 256.143 -6.095
201909 15.326 256.759 19.710
201912 24.066 256.974 30.925
202003 -20.809 258.115 -26.621
202006 -27.795 257.797 -35.603
202009 -20.703 260.280 -26.266
202012 -5.858 260.474 -7.426
202103 -12.950 264.877 -16.144
202106 -1.798 271.696 -2.185
202109 -7.482 274.310 -9.007
202112 0.188 278.802 0.223
202203 -13.265 287.504 -15.236
202206 -12.376 296.311 -13.792
202209 -8.425 296.808 -9.373
202212 -7.043 296.797 -7.836
202303 6.095 301.836 6.668
202306 11.668 305.109 12.628
202309 11.643 307.789 12.491
202312 15.120 306.746 16.277
202403 11.344 312.332 11.993
202406 12.980 314.175 13.643
202409 5.926 315.301 6.206
202412 10.543 315.605 11.031
202503 2.066 319.799 2.133
202506 -2.922 322.561 -2.991
202509 23.727 324.800 24.122
202512 24.698 324.054 25.167
202603 14.432 330.213 14.432

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN37.94 mean?
Las Vegasnds (MEX:LVS) has a Cyclically Adjusted FCF per Share of MXN37.94 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Las Vegasnds and its competitors.
Is Las Vegasnds' Cyclically Adjusted FCF per Share too high?
Las Vegasnds' current Cyclically Adjusted FCF per Share is MXN37.94. Overall, Las Vegasnds has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Las Vegasnds' Cyclically Adjusted FCF per Share compare to MGM and WYNN?
Las Vegasnds' Cyclically Adjusted FCF per Share of MXN37.94 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Las Vegasnds and its competitors. Las Vegasnds's current Cyclically Adjusted FCF per Share is MXN37.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Las Vegasnds stock overvalued right now?
Based on GuruFocus' analysis, Las Vegasnds (MEX:LVS) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,277.41, compared to a current price of MXN822.02 — trading 35.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN37.94. Las Vegasnds' overall GF Score™ is 74/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Las Vegasnds (MEX:LVS), the current Cyclically Adjusted FCF per Share is MXN37.94 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Las Vegasnds (MEX:LVS) Overvalued in 2026?

Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued. The current stock price of MXN822.02 is trading 35.6% below its estimated GF Value™ of MXN1,277.41. GuruFocus considers Las Vegasnds to be Significantly Undervalued.

Key valuation signals for MEX:LVS:

  • Cyclically Adjusted FCF per Share: MXN37.94
  • GF Value™: MXN1,277.41 vs. price of MXN822.02 (35.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the MEX:LVS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Las Vegasnds Business Description

Address 5420 S. Durango Drive, Las Vegas, NV, USA, 89113
Las Vegas Sands is the world's largest operator of fully integrated resorts, featuring casino, hotel, entertainment, food and beverage, retail, and convention center operations. The company owns the Venetian Macao, Sands Macao, Londoner Macao, Four Seasons Hotel Macao, and Parisian Macao, as well as the Marina Bay Sands resort in Singapore. We expect Sands to open a fourth tower in Singapore in 2031. Its Venetian and Palazzo Las Vegas assets in the US were sold to Apollo and Vici in 2022. After the sale of its Vegas assets, Sands generates all its EBITDA from Asia, with its casino operations generating the majority of sales.
74GF Score

Get the complete analysis for MEX:LVS

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN822.02
Price
MXN1,277.41
GF Value