Sands China (FRA:599) Enterprise Value: €15,965 Mil (As of Jun. 30, 2026) ***


FRA:599 Sands China Ltd FRA:599
88 GF Score
Price €13.80
GF Value €23.68
! 4 Warning Signs
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What is Sands China Enterprise Value?

Sands China FRA:599 +2.99% 88 Enterprise Value is €15,965 Mil as of Jun. 30, 2026. GuruFocus rates FRA:599 with a GF Score™ of 88/100 and a GF Value™ of €23.68. The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sands China's Enterprise Value is €15,965 Mil. Sands China's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1,054 Mil. Therefore, Sands China's EV-to-EBIT ratio for today is 15.15.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Sands China's Enterprise Value is €15,965 Mil. Sands China's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,736 Mil. Therefore, Sands China's EV-to-EBITDA ratio for today is 9.20.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Sands China's Enterprise Value is €15,965 Mil. Sands China's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €6,402 Mil. Therefore, Sands China's EV-to-Revenue ratio for today is 2.49.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Sands China's Enterprise Value is €15,965 Mil. Sands China's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €1,810 Mil. Therefore, Sands China's EV-to-OCF ratio for today is 8.82.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Sands China's Enterprise Value is €15,965 Mil. Sands China's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €1,342 Mil. Therefore, Sands China's EV-to-FCF ratio for today is 11.90.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Sands China  (FRA:599) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Sands China's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15965.142/1054.054
=15.15

Sands China's current Enterprise Value is €15,965 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sands China's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was €1,054 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Sands China's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=15965.142/1735.557
=9.20

Sands China's current Enterprise Value is €15,965 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sands China's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was €1,736 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Sands China's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=15965.142/6401.718
=2.49

Sands China's current Enterprise Value is €15,965 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sands China's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was €6,402 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Sands China's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=15965.142/1809.851
=8.82

Sands China's current Enterprise Value is €15,965 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sands China's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €1,810 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Sands China's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15965.142/1341.839
=11.90

Sands China's current Enterprise Value is €15,965 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Sands China's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €1,342 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.


Sands China Enterprise Value Related Terms


Sands China Enterprise Value Historical Data

* Premium members only.

The historical data trend for Sands China's Enterprise Value 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.

Sands China Enterprise Value Chart

Sands China Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,454.82 33,989.87 27,431.53 25,820.21 21,286.06

Sands China Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value 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 27,431.53 20,886.77 25,820.21 18,887.31 21,286.06

FRA:599 vs LVS, MGM, WYNN: Enterprise Value Comparison

For the Resorts & Casinos subindustry, Sands China's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Sands China Enterprise Value vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sands China's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Sands China's Enterprise Value falls into.


FRA:599
88GF Score
Sands China Ltd FRA:599
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Sands China Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Sands China's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Sands China's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of €15,965 Mil mean?
Sands China (FRA:599) has a Enterprise Value of €15,965 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sands China and its competitors.
Is Sands China's Enterprise Value too high?
Sands China's current Enterprise Value is €15,965 Mil. Overall, Sands China has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Sands China's Enterprise Value compare to LVS and MGM?
Sands China's Enterprise Value of €15,965 Mil 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 Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Sands China and its competitors. Sands China's current Enterprise Value is €15,965 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sands China stock overvalued right now?
Sands China (FRA:599) has a current Enterprise Value of €15,965 Mil. The stock's GF Value™ is €23.68, compared to a current price of €13.80 — trading 41.7% below its estimated fair value. The current Enterprise Value is €15,965 Mil. Sands China's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Sands China (FRA:599), the current Enterprise Value is €15,965 Mil as of Jun. 30, 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 Sands China (FRA:599) Overvalued in 2026?

Based on GuruFocus' analysis, Sands China stock appears to be undervalued. The current stock price of €13.80 is trading 41.7% below its estimated GF Value™ of €23.68.

Key valuation signals for FRA:599:

  • Enterprise Value: €15,965 Mil
  • GF Value™: €23.68 vs. price of €13.80 (41.7% below fair value)
  • GF Score™: 88/100 with 4 warning signs

No single metric tells the full story. See the FRA:599 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sands China Business Description

Address Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices - L2, Taipa, MAC
Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 23.5% market share in the Macao gaming sector in terms of gross gaming revenue as of 2025. Las Vegas Sands has a 74.8% stake in Sands China.
88GF Score

Get the complete analysis for FRA:599

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.80
Price
€23.68
GF Value