GAMING AND LEISURE PROPERTIE (GLPI) Stock Fundamental Analysis
USA - NASDAQ:GLPI - US36467J1088 - REIT
44.98 USD
+0.03 (+0.07%)
44.98 USD
0 (0%)
GLPI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. GLPI has an excellent profitability rating, but there are some minor concerns on its financial health. GLPI is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GLPI was profitable.
GLPI had a positive operating cash flow in the past year.
Each year in the past 5 years GLPI has been profitable.
GLPI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of GLPI (6.06%) is better than 83.33% of its industry peers.
GLPI has a Return On Equity of 16.92%. This is amongst the best in the industry. GLPI outperforms 86.67% of its industry peers.
With an excellent Return On Invested Capital value of 7.30%, GLPI belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
GLPI had an Average Return On Invested Capital over the past 3 years of 7.16%. This is above the industry average of 4.77%.
The 3 year average ROIC (7.16%) for GLPI is below the current ROIC(7.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 16.92% | ||
| ROIC | 7.3% |
ROA(3y)6.16%
ROA(5y)5.81%
ROE(3y)18.04%
ROE(5y)17.95%
ROIC(3y)7.16%
ROIC(5y)6.94%
1.3 Margins
With an excellent Profit Margin value of 49.09%, GLPI belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
In the last couple of years the Profit Margin of GLPI has grown nicely.
GLPI has a better Operating Margin (73.06%) than 93.33% of its industry peers.
In the last couple of years the Operating Margin of GLPI has grown nicely.
GLPI has a better Gross Margin (96.61%) than 93.33% of its industry peers.
GLPI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 73.06% | ||
| PM (TTM) | 49.09% | ||
| GM | 96.61% |
OM growth 3Y2.96%
OM growth 5Y3.42%
PM growth 3Y5.28%
PM growth 5Y8.64%
GM growth 3Y1.53%
GM growth 5Y1.52%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GLPI is destroying value.
Compared to 1 year ago, GLPI has more shares outstanding
GLPI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GLPI has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.17, we must say that GLPI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.17, GLPI is in line with its industry, outperforming 60.00% of the companies in the same industry.
GLPI has a debt to FCF ratio of 15.83. This is a negative value and a sign of low solvency as GLPI would need 15.83 years to pay back of all of its debts.
GLPI has a Debt to FCF ratio (15.83) which is in line with its industry peers.
GLPI has a Debt/Equity ratio of 1.59. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.59, GLPI is in line with its industry, outperforming 43.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | 15.83 | ||
| Altman-Z | 1.17 |
ROIC/WACC0.99
WACC7.38%
2.3 Liquidity
GLPI has a Current Ratio of 2.40. This indicates that GLPI is financially healthy and has no problem in meeting its short term obligations.
GLPI has a better Current ratio (2.40) than 86.67% of its industry peers.
A Quick Ratio of 2.40 indicates that GLPI has no problem at all paying its short term obligations.
GLPI's Quick ratio of 2.40 is amongst the best of the industry. GLPI outperforms 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
GLPI shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -2.45%.
The Earnings Per Share has been growing by 9.87% on average over the past years. This is quite good.
Looking at the last year, GLPI shows a small growth in Revenue. The Revenue has grown by 4.39% in the last year.
Measured over the past years, GLPI shows a small growth in Revenue. The Revenue has been growing by 5.83% on average per year.
EPS 1Y (TTM)-2.45%
EPS 3Y8.36%
EPS 5Y9.87%
EPS Q2Q%28.36%
Revenue 1Y (TTM)4.39%
Revenue growth 3Y7.98%
Revenue growth 5Y5.83%
Sales Q2Q%3.18%
3.2 Future
GLPI is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 2.47% yearly.
The Revenue is expected to grow by 10.66% on average over the next years. This is quite good.
EPS Next Y-5.21%
EPS Next 2Y3.22%
EPS Next 3Y2.47%
EPS Next 5YN/A
Revenue Next Year3.71%
Revenue Next 2Y3.83%
Revenue Next 3Y3.46%
Revenue Next 5Y10.66%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 16.12 indicates a correct valuation of GLPI.
Based on the Price/Earnings ratio, GLPI is valued cheaper than 90.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.28. GLPI is valued slightly cheaper when compared to this.
GLPI is valuated correctly with a Price/Forward Earnings ratio of 14.71.
93.33% of the companies in the same industry are more expensive than GLPI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 33.61, GLPI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 14.71 |
4.2 Price Multiples
83.33% of the companies in the same industry are more expensive than GLPI, based on the Enterprise Value to EBITDA ratio.
GLPI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.75 | ||
| EV/EBITDA | 13.55 |
4.3 Compensation for Growth
The excellent profitability rating of GLPI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.63
EPS Next 2Y3.22%
EPS Next 3Y2.47%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.06%, GLPI is a good candidate for dividend investing.
GLPI's Dividend Yield is a higher than the industry average which is at 6.25.
GLPI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.06% |
5.2 History
The dividend of GLPI has a limited annual growth rate of 2.94%.
GLPI has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)2.94%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
GLPI pays out 111.03% of its income as dividend. This is not a sustainable payout ratio.
GLPI's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP111.03%
EPS Next 2Y3.22%
EPS Next 3Y2.47%
44.98
+0.03 (+0.07%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners91.58%
Inst Owner Change-0.53%
Ins Owners2.45%
Ins Owner Change-0.14%
Market Cap12.73B
Revenue(TTM)1.58B
Net Income(TTM)774.32M
Analysts75.33
Price Target54.95 (22.17%)
Short Float %1.68%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.06% |
Yearly Dividend3.05
Dividend Growth(5Y)2.94%
DP111.03%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6%
Min EPS beat(2)-29.51%
Max EPS beat(2)17.51%
EPS beat(4)2
Avg EPS beat(4)-6.7%
Min EPS beat(4)-29.51%
Max EPS beat(4)17.51%
EPS beat(8)4
Avg EPS beat(8)-4.61%
EPS beat(12)5
Avg EPS beat(12)-3.37%
EPS beat(16)6
Avg EPS beat(16)-4.9%
Revenue beat(2)0
Avg Revenue beat(2)-2.28%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)-2.09%
Revenue beat(4)0
Avg Revenue beat(4)-2.32%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)-2.09%
Revenue beat(8)2
Avg Revenue beat(8)-1.33%
Revenue beat(12)3
Avg Revenue beat(12)-1.13%
Revenue beat(16)5
Avg Revenue beat(16)-0.85%
PT rev (1m)0.01%
PT rev (3m)-1.92%
EPS NQ rev (1m)1.72%
EPS NQ rev (3m)-3.17%
EPS NY rev (1m)2.13%
EPS NY rev (3m)-7.09%
Revenue NQ rev (1m)0.63%
Revenue NQ rev (3m)1.49%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.12 | ||
| Fwd PE | 14.71 | ||
| P/S | 8.07 | ||
| P/FCF | 27.75 | ||
| P/OCF | 11.8 | ||
| P/B | 2.78 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 13.55 |
EPS(TTM)2.79
EY6.2%
EPS(NY)3.06
Fwd EY6.8%
FCF(TTM)1.62
FCFY3.6%
OCF(TTM)3.81
OCFY8.47%
SpS5.57
BVpS16.17
TBVpS16.17
PEG (NY)N/A
PEG (5Y)1.63
Graham Number31.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.06% | ||
| ROE | 16.92% | ||
| ROCE | 9.24% | ||
| ROIC | 7.3% | ||
| ROICexc | 7.77% | ||
| ROICexgc | 7.82% | ||
| OM | 73.06% | ||
| PM (TTM) | 49.09% | ||
| GM | 96.61% | ||
| FCFM | 29.09% |
ROA(3y)6.16%
ROA(5y)5.81%
ROE(3y)18.04%
ROE(5y)17.95%
ROIC(3y)7.16%
ROIC(5y)6.94%
ROICexc(3y)7.46%
ROICexc(5y)7.29%
ROICexgc(3y)7.54%
ROICexgc(5y)7.35%
ROCE(3y)9.06%
ROCE(5y)8.78%
ROICexgc growth 3Y2.65%
ROICexgc growth 5Y0.82%
ROICexc growth 3Y2.62%
ROICexc growth 5Y0.86%
OM growth 3Y2.96%
OM growth 5Y3.42%
PM growth 3Y5.28%
PM growth 5Y8.64%
GM growth 3Y1.53%
GM growth 5Y1.52%
F-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | 15.83 | ||
| Debt/EBITDA | 5.12 | ||
| Cap/Depr | 232.6% | ||
| Cap/Sales | 39.3% | ||
| Interest Coverage | 2.86 | ||
| Cash Conversion | 76.01% | ||
| Profit Quality | 59.25% | ||
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 | ||
| Altman-Z | 1.17 |
F-Score6
WACC7.38%
ROIC/WACC0.99
Cap/Depr(3y)204.2%
Cap/Depr(5y)165.96%
Cap/Sales(3y)36.14%
Cap/Sales(5y)30.13%
Profit Quality(3y)65.92%
Profit Quality(5y)67.32%
High Growth Momentum
Growth
EPS 1Y (TTM)-2.45%
EPS 3Y8.36%
EPS 5Y9.87%
EPS Q2Q%28.36%
EPS Next Y-5.21%
EPS Next 2Y3.22%
EPS Next 3Y2.47%
EPS Next 5YN/A
Revenue 1Y (TTM)4.39%
Revenue growth 3Y7.98%
Revenue growth 5Y5.83%
Sales Q2Q%3.18%
Revenue Next Year3.71%
Revenue Next 2Y3.83%
Revenue Next 3Y3.46%
Revenue Next 5Y10.66%
EBIT growth 1Y3.46%
EBIT growth 3Y11.18%
EBIT growth 5Y9.45%
EBIT Next Year29.35%
EBIT Next 3Y13.21%
EBIT Next 5Y16%
FCF growth 1Y-1.19%
FCF growth 3Y6.77%
FCF growth 5Y-12.1%
OCF growth 1Y11.54%
OCF growth 3Y9.11%
OCF growth 5Y7.41%
GAMING AND LEISURE PROPERTIE / GLPI FAQ
What is the ChartMill fundamental rating of GAMING AND LEISURE PROPERTIE (GLPI) stock?
ChartMill assigns a fundamental rating of 6 / 10 to GLPI.
Can you provide the valuation status for GAMING AND LEISURE PROPERTIE?
ChartMill assigns a valuation rating of 6 / 10 to GAMING AND LEISURE PROPERTIE (GLPI). This can be considered as Fairly Valued.
Can you provide the profitability details for GAMING AND LEISURE PROPERTIE?
GAMING AND LEISURE PROPERTIE (GLPI) has a profitability rating of 9 / 10.
How financially healthy is GAMING AND LEISURE PROPERTIE?
The financial health rating of GAMING AND LEISURE PROPERTIE (GLPI) is 4 / 10.
How sustainable is the dividend of GAMING AND LEISURE PROPERTIE (GLPI) stock?
The dividend rating of GAMING AND LEISURE PROPERTIE (GLPI) is 5 / 10 and the dividend payout ratio is 111.03%.