Wynn Macau Ltd

Chart & Performance

D1W1MN

P/E

3.16

P/S

0.15

EPS

0.22

Div Yield, %

0.00%

Shrs. gr., 5y

1.54%

Rev. gr., 5y

-9.33%

Revenues

24.27b

+329.99%

Net income

1.17b

CFO

6.81b

Dividend

Aug 28, 20240.075 HKD/sh

Earnings

Mar 19, 2025

Profile

Wynn Macau, Limited, together with its subsidiaries, develops, owns, and operates the Wynn Palace and Wynn Macau casino resorts in Macau. The company's Wynn Palace resort features approximately 424,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with a total of 1,706 guest rooms, suites, and villas; and 14 food and beverage outlets. Its Wynn Palace resort also consists of approximately 107,000 square feet of retail shopping; 37,000 square feet of meeting and convention space; recreation and leisure facilities consisting of a cable car ride, health club, spa, salon, and pool; and public entertainment attractions, including a lake, animated floral art displays, and fine art displays. In addition, the company's Wynn Macau resort features approximately 252,000 square feet of casino space offering 24-hour gaming and various games, including private gaming salons, sky casinos, and a poker pit; two hotel towers with 1,010 rooms and suites; 12 food and beverage outlets; and recreation and leisure facilities, such as two health clubs and spas, a salon, and a pool. Further, its Wynn Macau resort includes approximately 59,000 square feet of retail shopping and 31,000 square feet of meeting and convention space. The company was incorporated in 2009 and is headquartered in Macau. Wynn Macau, Limited is a subsidiary of WM Cayman Holdings Limited I.

URL

http://www.wynnmacaulimited.com/

IPO date

Oct 09, 2009

Employees

11,000

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	24,268,142 329.99%	5,643,940 -51.87%	11,725,426 54.03%
Cost of revenue	15,324,358	6,760,144	9,938,473
Unusual Expense (Income)
NOPBT	8,943,784	(1,116,204)	1,786,953
NOPBT Margin	36.85%		15.24%
Operating Taxes	42,706	12,427	12,427
Tax Rate	0.48%		0.70%
NOPAT	8,901,078	(1,128,631)	1,774,526
Net income	1,171,656 -115.96%	(7,339,270) 41.70%	(5,179,295) -28.23%
Dividends	(293)	(3,201)	(4,023)
Dividend yield	0.00%	0.01%	0.01%
Proceeds from repurchase of equity
BB yield
Debt
Debt current	4,709,477	42,043	52,595
Long-term debt	48,275,055	48,523,396	46,913,914
Deferred revenue		1,775	1,978
Other long-term liabilities	1,572,276	122,017	129,848
Net debt	36,541,529	40,163,309	35,293,582
Cash flow
Cash from operating activities	6,812,360	(2,119,972)	(1,212,380)
CAPEX	(714,296)	(348,680)	(476,022)
Cash from investing activities	(5,409,179)	(1,285,551)	(453,910)
Cash from financing activities	1,486,266	(860,420)	(5,565,073)
FCF	10,328,869	1,171,628	4,007,513
Balance
Cash	15,754,819	7,422,901	11,664,100
Long term investments	688,184	979,229	8,827
Excess cash	15,229,596	8,119,933	11,086,656
Stockholders' equity	(16,348,231)	5,235	5,206
Invested Capital	54,941,149	31,123,663	36,370,681
ROIC	20.68%		4.41%
ROCE	23.17%		4.91%
EV
Common stock shares outstanding	5,605,652	5,197,501	5,191,307
Price	6.43 -26.09%	8.70 36.58%	6.37 -51.45%
Market cap	36,044,342 -20.29%	45,218,255 36.74%	33,068,627 -51.40%
EV	72,585,871	103,033,693	78,783,915
EBITDA	11,317,884	1,191,993	4,411,923
EV/EBITDA	6.41	86.44	17.86
Interest	3,335,189	2,449,376	2,229,425
Interest/NOPBT	37.29%		124.76%