GAMING AND LEISURE PROPERTIE (GLPI)
US36467J1088 - REIT
GLPI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 28 industry peers in the Specialized REITs industry. While GLPI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. GLPI has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
GLPI had positive earnings in the past year.
GLPI had a positive operating cash flow in the past year.
In the past 5 years GLPI has always been profitable.
In the past 5 years GLPI always reported a positive cash flow from operatings.
1.2 Ratios
GLPI's Return On Assets of 6.14% is amongst the best of the industry. GLPI outperforms 82.14% of its industry peers.
Looking at the Return On Equity, with a value of 18.29%, GLPI belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
The Return On Invested Capital of GLPI (7.11%) is better than 82.14% of its industry peers.
GLPI had an Average Return On Invested Capital over the past 3 years of 6.91%. This is in line with the industry average of 5.21%.
The 3 year average ROIC (6.91%) for GLPI is below the current ROIC(7.11%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.14% | ||
| ROE | 18.29% | ||
| ROIC | 7.11% |
ROA(3y)5.82%
ROA(5y)5.54%
ROE(3y)17.51%
ROE(5y)18.04%
ROIC(3y)6.91%
ROIC(5y)6.92%
1.3 Margins
The Profit Margin of GLPI (51.51%) is better than 96.43% of its industry peers.
GLPI's Profit Margin has improved in the last couple of years.
GLPI's Operating Margin of 73.73% is amongst the best of the industry. GLPI outperforms 92.86% of its industry peers.
In the last couple of years the Operating Margin of GLPI has grown nicely.
GLPI has a better Gross Margin (96.87%) than 92.86% of its industry peers.
In the last couple of years the Gross Margin of GLPI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.73% | ||
| PM (TTM) | 51.51% | ||
| GM | 96.87% |
OM growth 3Y3.32%
OM growth 5Y3.66%
PM growth 3Y5.17%
PM growth 5Y9.67%
GM growth 3Y1.46%
GM growth 5Y3.17%
2. Health
2.1 Basic Checks
GLPI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, GLPI has more shares outstanding
Compared to 5 years ago, GLPI has more shares outstanding
GLPI has about the same debt/assets ratio as last year.
2.2 Solvency
Based on the Altman-Z score of 1.20, we must say that GLPI is in the distress zone and has some risk of bankruptcy.
GLPI has a Altman-Z score of 1.20. This is comparable to the rest of the industry: GLPI outperforms 53.57% of its industry peers.
The Debt to FCF ratio of GLPI is 9.65, which is on the high side as it means it would take GLPI, 9.65 years of fcf income to pay off all of its debts.
GLPI has a Debt to FCF ratio of 9.65. This is in the better half of the industry: GLPI outperforms 75.00% of its industry peers.
GLPI has a Debt/Equity ratio of 1.76. This is a high value indicating a heavy dependency on external financing.
GLPI has a worse Debt to Equity ratio (1.76) than 60.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | 9.65 | ||
| Altman-Z | 1.2 |
ROIC/WACC0.96
WACC7.39%
2.3 Liquidity
GLPI has a Current Ratio of 1.63. This is a normal value and indicates that GLPI is financially healthy and should not expect problems in meeting its short term obligations.
GLPI's Current ratio of 1.63 is amongst the best of the industry. GLPI outperforms 85.71% of its industry peers.
GLPI has a Quick Ratio of 1.63. This is a normal value and indicates that GLPI is financially healthy and should not expect problems in meeting its short term obligations.
GLPI has a Quick ratio of 1.63. This is amongst the best in the industry. GLPI outperforms 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 |
3. Growth
3.1 Past
GLPI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 4.38%.
GLPI shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.21% yearly.
The Revenue has been growing slightly by 7.33% in the past year.
The Revenue has been growing slightly by 6.41% on average over the past years.
EPS 1Y (TTM)4.38%
EPS 3Y7.14%
EPS 5Y9.21%
EPS Q2Q%-4.29%
Revenue 1Y (TTM)7.33%
Revenue growth 3Y7.69%
Revenue growth 5Y6.41%
Sales Q2Q%7.16%
3.2 Future
GLPI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 4.50% yearly.
The Revenue is expected to grow by 6.07% on average over the next years.
EPS Next Y3.28%
EPS Next 2Y4.48%
EPS Next 3Y4.5%
EPS Next 5YN/A
Revenue Next Year6.99%
Revenue Next 2Y6.02%
Revenue Next 3Y5.25%
Revenue Next 5Y6.07%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 17.71 indicates a rather expensive valuation of GLPI.
GLPI's Price/Earnings ratio is rather cheap when compared to the industry. GLPI is cheaper than 85.71% of the companies in the same industry.
When comparing the Price/Earnings ratio of GLPI to the average of the S&P500 Index (28.96), we can say GLPI is valued slightly cheaper.
GLPI is valuated correctly with a Price/Forward Earnings ratio of 16.75.
GLPI's Price/Forward Earnings ratio is rather cheap when compared to the industry. GLPI is cheaper than 85.71% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.82, GLPI is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.71 | ||
| Fwd PE | 16.75 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GLPI indicates a somewhat cheap valuation: GLPI is cheaper than 75.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, GLPI is valued cheaper than 82.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.94 | ||
| EV/EBITDA | 15.16 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GLPI does not grow enough to justify the current Price/Earnings ratio.
GLPI has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)5.4
PEG (5Y)1.92
EPS Next 2Y4.48%
EPS Next 3Y4.5%
5. Dividend
5.1 Amount
GLPI has a Yearly Dividend Yield of 6.24%, which is a nice return.
GLPI's Dividend Yield is rather good when compared to the industry average which is at 4.54. GLPI pays more dividend than 89.29% of the companies in the same industry.
GLPI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
5.2 History
The dividend of GLPI has a limited annual growth rate of 4.86%.
GLPI has paid a dividend for at least 10 years, which is a reliable track record.
GLPI has decreased its dividend recently.
Dividend Growth(5Y)4.86%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
105.30% of the earnings are spent on dividend by GLPI. This is not a sustainable payout ratio.
GLPI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP105.3%
EPS Next 2Y4.48%
EPS Next 3Y4.5%
GAMING AND LEISURE PROPERTIE
NASDAQ:GLPI (11/21/2024, 8:00:01 PM)
After market: 50.65 0 (0%)50.65
+0.11 (+0.22%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap13.90B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.24% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.71 | ||
| Fwd PE | 16.75 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)5.4
PEG (5Y)1.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.14% | ||
| ROE | 18.29% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 73.73% | ||
| PM (TTM) | 51.51% | ||
| GM | 96.87% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.76 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.63 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)4.38%
EPS 3Y7.14%
EPS 5Y
EPS Q2Q%
EPS Next Y3.28%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)7.33%
Revenue growth 3Y7.69%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y