Wynn Macau (WYNMY) AI Stock Analysis

• Market Cap: $4.62B
• Dividend Yield: 5.21%
• Average Volume (3M): 5.06K
• Price to Earnings (P/E): 19.5
• Beta (1Y): 0.25
• Revenue Growth: -4.05%
• EPS Growth: -31.16%
• Country: US
• Employees: 11,500
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): N/A
• Shares Outstanding: 525,675,800
• 10 Day Avg. Volume: 134
• 30 Day Avg. Volume: 5,059
• PEG Ratio: 0.04
• Price to Book (P/B): -2.08
• Price to Sales (P/S): 0.96
• P/FCF Ratio: 4.33
• Enterprise Value/Market Cap: 1.72
• Enterprise Value/Revenue: 0.29
• Enterprise Value/Gross Profit: 0.73
• Enterprise Value/Ebitda: 1.16
• 1Y Price Target: $8.50
• Price Target Upside: -3.30% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 67 Neutral
• Price Target: $8.50 ▼(-3.30% Downside)

Wynn Macau's stock score is primarily driven by its promising recovery in financial performance and positive technical indicators. The reasonable valuation adds to its attractiveness, though high leverage and negative equity remain significant risks. The absence of earnings call data and corporate events did not impact the score.

Wynn Macau Business Overview & Revenue Model

Company Description

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.

How the Company Makes Money

Wynn Macau generates revenue primarily through its gaming operations, which include table games, slot machines, and VIP gaming services. A significant portion of its income comes from high rollers and premium players who frequent its luxury casino. In addition to gaming, the company earns revenue from its hotel accommodations, dining establishments, and retail outlets. The resort's various entertainment offerings, including shows and events, also contribute to its financial performance. Key partnerships with luxury brands and service providers enhance the guest experience and attract a wealthy clientele, further boosting Wynn Macau's earnings. The overall economic environment in Macau, regulatory changes, and tourism trends play crucial roles in shaping the company's revenue streams.

Wynn Macau Financial Statement Overview

Summary

Wynn Macau shows promising recovery in revenue and profitability, with solid margins and improving cash flow generation. However, the company's high leverage and negative equity pose significant risks. Continued focus on strengthening the balance sheet and maintaining positive cash flow is vital for future stability.

Income Statement

Wynn Macau's revenue has shown a significant recovery with a revenue growth rate of 18.41% in 2024 compared to 2023, after a severe decline during the early pandemic years. The company has returned to profitability with a strong net profit margin of 11.12% in 2024. Additionally, the EBIT margin is healthy at 18.54%, indicating efficient cost management. However, historical volatility in revenue and profitability due to external factors remains a concern.

Balance Sheet

The company's balance sheet is heavily leveraged, with a negative stockholders' equity of -13.29 billion in 2024 and a high debt-to-equity ratio that cannot be calculated due to negative equity. Although total assets are substantial, the equity ratio is negative, highlighting potential financial instability. Improvements in equity and reduction in debt levels are crucial for long-term sustainability.

Cash Flow

Wynn Macau's cash flow performance has improved, with a free cash flow growth rate of 4.76% in 2024. The operating cash flow to net income ratio is strong at 2.40, suggesting robust cash generation relative to net income. However, the company's ability to consistently generate positive free cash flow is essential, given the high leverage and historical fluctuations in cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	27.63B	28.74B	24.27B	5.64B	11.73B	7.61B
Gross Profit	10.96B	11.62B	9.45B	-598.46M	2.45B	-309.18M
EBITDA	6.85B	8.55B	6.13B	-2.57B	-86.54M	-2.46B
Net Income	1.84B	3.20B	1.17B	-7.34B	-5.18B	-7.22B
Balance Sheet
Total Assets	39.58B	39.23B	44.83B	36.08B	41.90B	51.66B
Cash, Cash Equivalents and Short-Term Investments	11.58B	11.33B	15.75B	7.42B	11.66B	18.83B
Total Debt	45.59B	44.98B	52.83B	48.40B	46.75B	49.47B
Total Liabilities	53.55B	52.52B	60.64B	53.23B	51.92B	56.71B
Stockholders Equity	-13.97B	-13.29B	-15.81B	-17.15B	-10.02B	-5.06B
Cash Flow
Free Cash Flow	5.52B	6.39B	6.10B	-2.47B	-1.69B	-4.46B
Operating Cash Flow	7.26B	7.69B	6.81B	-2.12B	-1.21B	-3.71B
Investing Cash Flow	2.82B	4.83B	-5.41B	-1.29B	-453.91M	-642.76M
Financing Cash Flow	-9.33B	-11.42B	1.49B	-860.42M	-5.57B	9.13B

Wynn Macau Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.79
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WYNMY, the sentiment is Positive. The current price of 8.79 is below the 20-day moving average (MA) of 8.90, above the 50-day MA of 8.54, and above the 200-day MA of 7.18, indicating a bullish trend. The MACD of 0.17 indicates Positive momentum. The RSI at 52.43 is Neutral, neither overbought nor oversold. The STOCH value of 54.46 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WYNMY.

Wynn Macau Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
WYNN	68 Neutral	$12.95B	36.48	-51.73%	0.80%	-1.94%	-53.90%
WYNMY	67 Neutral	$4.62B	19.47	-7.41%	5.21%	-4.05%	-31.16%
MGM	64 Neutral	$9.23B	18.69	17.34%	―	0.89%	-31.56%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
LVS	59 Neutral	$34.99B	25.74	49.16%	1.82%	1.62%	-7.14%
MLCO	58 Neutral	$3.33B	62.42	25.40%	―	12.22%	―
CZR	57 Neutral	$5.49B	―	-4.76%	―	-0.15%	28.05%