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Las VegasndsFRA:LCR -0.15%68 EV-to-OCF is 11.34 as of Aug. 14, 2026, which is 17% below its 10-year median of 13.61. GuruFocus rates FRA:LCR with a GF Score™ of 68/100 and a GF Value™ of €59.31 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 855 Travel & Leisure companies, Las Vegasnds ranks worse than 58.71% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Las Vegasnds's Enterprise Value is €36,302 Mil.
Las Vegasnds's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €3,202 Mil. Therefore, Las Vegasnds's EV-to-OCF for today is 11.34.
The historical rank and industry rank for Las Vegasnds's EV-to-OCF or its related term are showing as below:
FRA:LCR'
s EV-to-OCF Range Over the Past 10 Years
Min: -785.08 Med: 13.61 Max: 9689.85
Current: 11.21
During the past 13 years, the highest EV-to-OCF of Las Vegasnds was 9689.85. The lowest was -785.08. And the median was 13.61.
FRA:LCR's EV-to-OCF is ranked worse than 58.71% of 855
companies
in the Travel & Leisure industry
Industry Median: 9.22
vs FRA:LCR: 11.21
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Las Vegasnds's PE Ratio (TTM) for today is calculated as:
Las Vegasnds's share price for today is €39.41.
Las Vegasnds's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.210.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Las Vegasnds EV-to-OCF Related Terms
Las Vegasnds EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Las Vegasnds's EV-to-OCF 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.
For the Resorts & Casinos subindustry, Las Vegasnds's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Las Vegasnds's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Las Vegasnds's EV-to-OCF falls into.
Las Vegasnds's current Enterprise Value is €36,302 Mil.
Las Vegasnds's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3,202 Mil.
* 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 (FRA:LCR) has a EV-to-OCF of 11.34 as of Aug. 14, 2026. This is 17% below median its historical median of 13.61. According to the industry distribution chart, Las Vegasnds ranks #502 out of 855 companies in the Travel & Leisure industry, placing it in the top 58.7%.
Is Las Vegasnds' EV-to-OCF too high?
Las Vegasnds' current EV-to-OCF of 11.34 is 17% below median its 10-year median of 13.61. The Travel & Leisure industry median EV-to-OCF is 9.22. Las Vegasnds' value of 11.34 is 23% above this industry median. Based on the distribution chart, Las Vegasnds ranks #502 out of 855 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Las Vegasnds has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Las Vegasnds' EV-to-OCF compare to MGM and WYNN?
According to the Travel & Leisure industry distribution chart, Las Vegasnds ranks #502 out of 855 companies for EV-to-OCF. This places Las Vegasnds in the lower half of its industry. The industry median EV-to-OCF is 9.22. Las Vegasnds' value of 11.34 is 23% above this benchmark. While the company's 10-year median is 13.61 vs. the industry median of 9.22, Las Vegasnds has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.22, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Las Vegasnds's current EV-to-OCF of 11.34 is 23% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median EV-to-OCF is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Las Vegasnds's current EV-to-OCF is 11.34, which is 17% below median its own 10-year median of 13.61. 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 (FRA:LCR) is currently considered Significantly Undervalued. The stock's GF Value™ is €59.31, compared to a current price of €39.41 — trading 33.6% below its estimated fair value. The current EV-to-OCF is 11.34, which is 17% below median its 10-year median of 13.61 and 23% above the Travel & Leisure industry median of 9.22. Las Vegasnds' overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Las Vegasnds (FRA:LCR), the current EV-to-OCF is 11.34 as of Aug. 14, 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 (FRA:LCR) Overvalued in 2026?
Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued.
The current stock price of €39.41 is trading 33.6% below its estimated GF Value™ of €59.31.
GuruFocus considers Las Vegasnds to be Significantly Undervalued.
Key valuation signals for FRA:LCR:
EV-to-OCF: 11.34 (17% below median its 10-year median of 13.61)
GF Value™: €59.31 vs. price of €39.41 (33.6% below fair value)
Industry Position: 23% above the Travel & Leisure median (#502 of 855)
No single metric tells the full story. See the FRA:LCR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
68GF Score
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