Las Vegasnds (LIM:LVS) ROCE %: 21.87% (As of Mar. 2026)


LIM:LVS Las Vegas Sands Corp LIM:LVS
78 GF Score
Price $54.46
GF Value $81.29
! 2 Warning Signs
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What is Las Vegasnds ROCE %?

Las Vegasnds LIM:LVS 78 ROCE % is 21.87% as of Mar. 2026. GuruFocus rates LIM:LVS with a GF Score™ of 78/100 and a GF Value™ of $81.29. The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Las Vegasnds's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.87%.

Las Vegasnds  (LIM:LVS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Las Vegasnds ROCE % Related Terms

Las Vegasnds ROCE % Historical Data

* Premium members only.

The historical data trend for Las Vegasnds's ROCE % 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 ROCE % Chart

Las Vegasnds Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.81 -3.84 14.61 16.68 18.17

Las Vegasnds Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 17.28 19.27 17.49 17.19 21.87
LIM:LVS
78GF Score
Las Vegas Sands Corp LIM:LVS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Las Vegasnds ROCE % Calculation

Las Vegasnds's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2959/( ( (20666 - 5801) + (21920 - 4222) )/ 2 )
=2959/( (14865+17698)/ 2 )
=2959/16281.5
=18.17 %

Las Vegasnds's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3744/( ( (21920 - 4222) + (21176 - 4633) )/ 2 )
=3744/( ( 17698 + 16543 )/ 2 )
=3744/17120.5
=21.87 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 21.87% mean?
Las Vegasnds (LIM:LVS) has a ROCE % of 21.87% as of Mar. 2026.
Is Las Vegasnds' ROCE % too high?
Las Vegasnds' current ROCE % is 21.87%. The Travel & Leisure industry median ROCE % is 6.08. Las Vegasnds' value of 21.87% is 260% above this industry median. Overall, Las Vegasnds has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Las Vegasnds' ROCE % compare to MGM and WYNN?
Las Vegasnds' ROCE % of 21.87% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. Las Vegasnds' value of 21.87% is 260% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Las Vegasnds's current ROCE % of 21.87% is 260% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Las Vegasnds's current ROCE % is 21.87%. 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?
Las Vegasnds (LIM:LVS) has a current ROCE % of 21.87%. The stock's GF Value™ is $81.29, compared to a current price of $54.46 — trading 33% below its estimated fair value. The current ROCE % is 21.87% and 260% above the Travel & Leisure industry median of 6.08. Las Vegasnds' overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Las Vegasnds (LIM:LVS), the current ROCE % is 21.87% 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 (LIM:LVS) Overvalued in 2026?

Based on GuruFocus' analysis, Las Vegasnds stock appears to be undervalued. The current stock price of $54.46 is trading 33% below its estimated GF Value™ of $81.29.

Key valuation signals for LIM:LVS:

  • ROCE %: 21.87%
  • GF Value™: $81.29 vs. price of $54.46 (33% below fair value)
  • GF Score™: 78/100 with 2 warning signs
  • Industry Position: 260% above the Travel & Leisure median

No single metric tells the full story. See the LIM: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.
78GF Score

Get the complete analysis for LIM:LVS

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

$54.46
Price
$81.29
GF Value