EN DE
STOCK COMPARISON

Penn National Gaming vs Las Vegas Sands: Fair Value & Quality

Both stocks run through our valuation models. Here is how Penn National Gaming (PENN) and Las Vegas Sands (LVS) compare, as of Aug 10, 2026.

As of Aug 10, 2026, Fair Value Calculator sees Las Vegas Sands as the more attractively valued of the two: Penn National Gaming trades at $20.18 versus a fair value of $7.01 (-65%), while Las Vegas Sands trades at $45.77 versus $52.27 (+14%).
Penn National Gaming
PENN · USD · Consumer Discretionary
-65%
upside to fair value
overvalued
Price$20.18
Fair Value$7.01
Quality37/100
Las Vegas Sands
LVS · USD · Consumer Discretionary
+14%
upside to fair value
undervalued
Price$45.77
Fair Value$52.27
Quality70/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Penn National GamingLas Vegas Sands
Valuation
P/E (TTM)17.0×
0.39×P/S (TTM)2.16×
1.49×P/B18.66×
6.2×EV/EBITDA8.4×
1.01×PEG0.93×
Dividend yield2.4%
Dividend per share$1.10
Profitability
-14%Net margin13%
5%Operating margin25%
-40%Return on equity90%
1%Return on assets10%
Growth
6%Revenue growth (YoY)25%
2.8%Avg. growth/yr (3Y)46.9%
14.2%Avg. growth/yr (5Y)34.7%
Balance & size
1.55×Debt / equity9.22×
$3BMarket cap$30B
expensiveGrowth qualityhealthy

Las Vegas Sands leads: 4 to 8 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Penn National Gamingof which business quality 34 · market factors 57 Las Vegas Sandsof which business quality 64 · market factors 33
ProfitabilityMargins and returns on capital today
11
60
Quality GrowthAre margins and returns improving?
25
58
CashflowEarnings quality: real cash, not paper profit
15
68
Fin. StrengthBalance sheet, leverage, solvency risk
9
29
InvestmentDisciplined investing over empire-building
87
86
Low VolatilityCalm price path (market factor)
24
65
MomentumPrice trend over the last 3–12 months (market factor)
75
24
52W MomentumDistance to the 52-week high (market factor)
65
14
Net IssuanceBuybacks instead of dilution
100
100

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Penn National Gaming

Earnings-Based$3.11
Dividend Discount$0.65
Multiples$20.45
Asset-Based$9.19
Economic Profit$3.11

6 of 8 models see the stock below the current price.

Las Vegas Sands

DCF Models$50.41
Earnings-Based$31.58
Dividend Discount$22.12
Multiples$38.80
Asset-Based$1.61
Growth DCF$33.44
Economic Profit$30.87
Growth Earnings$49.90

14 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Penn National Gaming
Bear $1.40Fair Value $7.01Bull $23.13
$20.18 = current price (white tick)
Las Vegas Sands
Bear $22.10Fair Value $52.27Bull $67.52
$45.77 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Penn National Gaming · Consumer Discretionary

Quality score37 · bottom 25%
Fair value upside-65% · bottom 25%

Las Vegas Sands · Consumer Discretionary

Quality score70 · Top 25%
Fair value upside+14% · above median

Bottom line

As of Aug 10, 2026, Fair Value Calculator sees Las Vegas Sands as the more attractively valued of the two: Penn National Gaming trades at $20.18 versus a fair value of $7.01 (-65%), while Las Vegas Sands trades at $45.77 versus $52.27 (+14%).

Las Vegas Sands has the higher quality score (70/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.