uploads/2015/10/wynn-ps.jpg

How Does Wynn Resorts Compare to Its Peers?

By

Updated

Wynn Resorts and its peers

An analysis of Wynn Resorts and its peers follows:

  • The PE (price-to-earnings) ratios of Wynn Resorts (WYNN), Las Vegas Sands (LVS), and Melco Crown Entertainment (MPEL) are 24.03x, 16.71x, and 32.86x, respectively.

  • The price-to-sales ratios of Wynn Resorts, Las Vegas Sands, MGM Resorts International (MGM), Melco Crown, and Boyd Gaming (BYD) are 1.61x, 3.06x, 1.27x, 2.34x, and 0.84x, respectively.

As a result, the peers are way ahead of Wynn Resorts based on the price-to-sales ratio.

Article continues below advertisement

ETFs that invest in Wynn Resorts

The VanEck Vectors Gaming ETF (BJK) invests 5.4% of its holdings in Wynn Resorts. BJK tracks a market-cap-weighted index of global companies that generate at least 50% of their revenue from gaming and related activities.

The PowerShares Dynamic Market Portfolio ETF (PWC) invests 2% of its holdings in Wynn Resorts. PWC tracks a quant-selected, tier-weighted index covering the entire US equity market.

The First Trust NASDAQ-100 Ex-technology Sector Index Fund (QQXT) invests 1.6% of its holdings in Wynn Resorts. QQXT tracks an equal-weighted index of NASDAQ-100 stocks that excludes technology companies.

Comparing Wynn Resorts and its ETFs

An analysis of Wynn Resorts and its ETFs follows:

  • The YTD (year-to-date) price movements of Wynn Resorts, BJK, and QQXT are -49.5%, -12.9%, and -0.22%, respectively.
  • The PE ratios of Wynn Resorts, BJK, PWC, and QQXT are 24.03x, 24.03x, 40.24x, and 33.13x, respectively.

The ETFs outperformed Wynn Resorts based on the price movement and PE ratio.

Advertisement

More From Market Realist