GAMING AND LEISURE PROPERTIE (GLPI) Stock Fundamental Analysis
USA - NASDAQ:GLPI - US36467J1088 - REIT
44.54 USD
-0.08 (-0.18%)
44.54 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to GLPI. GLPI was compared to 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
GLPI had positive earnings in the past year.
In the past year GLPI had a positive cash flow from operations.
GLPI had positive earnings in each of the past 5 years.
Each year in the past 5 years GLPI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of GLPI (6.06%) is better than 83.33% of its industry peers.
Looking at the Return On Equity, with a value of 16.92%, GLPI belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
GLPI has a better Return On Invested Capital (7.30%) than 90.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for GLPI is above the industry average of 4.77%.
The last Return On Invested Capital (7.30%) for GLPI is above the 3 year average (7.16%), which is a sign of increasing profitability.
| 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
GLPI's Profit Margin of 49.09% is amongst the best of the industry. GLPI outperforms 90.00% of its industry peers.
In the last couple of years the Profit Margin of GLPI has grown nicely.
The Operating Margin of GLPI (73.06%) is better than 93.33% of its industry peers.
GLPI's Operating Margin has improved in the last couple of years.
GLPI has a Gross Margin of 96.61%. This is amongst the best in the industry. GLPI outperforms 93.33% of its industry peers.
In the last couple of years the Gross Margin of GLPI has grown nicely.
| 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
GLPI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GLPI has more shares outstanding than it did 1 year ago.
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 1.16, we must say that GLPI is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.16, GLPI perfoms like the industry average, 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 | 1.16 |
ROIC/WACC0.99
WACC7.39%
2.3 Liquidity
A Current Ratio of 2.40 indicates that GLPI has no problem at all paying its short term obligations.
GLPI has a Current ratio of 2.40. This is amongst the best in the industry. GLPI outperforms 90.00% 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 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.4 | ||
| Quick Ratio | 2.4 |
3. Growth
3.1 Past
The earnings per share for GLPI have decreased by -2.45% in the last year.
The Earnings Per Share has been growing by 9.87% on average over the past years. This is quite good.
The Revenue has been growing slightly by 4.39% in the past year.
GLPI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.83% yearly.
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
The Earnings Per Share is expected to grow by 2.47% on average over the next years.
Based on estimates for the next years, GLPI will show a quite strong growth in Revenue. The Revenue will grow by 10.66% on average per year.
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
With a Price/Earnings ratio of 15.96, GLPI is valued correctly.
Based on the Price/Earnings ratio, GLPI is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of GLPI to the average of the S&P500 Index (25.89), we can say GLPI is valued slightly cheaper.
With a Price/Forward Earnings ratio of 14.57, GLPI is valued correctly.
Based on the Price/Forward Earnings ratio, GLPI is valued cheaper than 93.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.59, GLPI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.96 | ||
| Fwd PE | 14.57 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GLPI is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
GLPI's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.48 | ||
| EV/EBITDA | 13.47 |
4.3 Compensation for Growth
The excellent profitability rating of GLPI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.62
EPS Next 2Y3.22%
EPS Next 3Y2.47%
5. Dividend
5.1 Amount
GLPI has a Yearly Dividend Yield of 6.99%, which is a nice return.
Compared to an average industry Dividend Yield of 6.26, GLPI pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, GLPI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
5.2 History
The dividend of GLPI has a limited annual growth rate of 2.94%.
GLPI has paid a dividend for at least 10 years, which is 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%
44.54
-0.08 (-0.18%)
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 Change4.55%
Ins Owners2.45%
Ins Owner Change-0.16%
Market Cap12.61B
Revenue(TTM)1.58B
Net Income(TTM)774.32M
Analysts75.33
Price Target54.95 (23.37%)
Short Float %1.68%
Short Ratio2.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.99% |
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)-0.69%
EPS NQ rev (1m)-0.48%
EPS NQ rev (3m)1.72%
EPS NY rev (1m)2.13%
EPS NY rev (3m)-7.09%
Revenue NQ rev (1m)0.37%
Revenue NQ rev (3m)1.01%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.96 | ||
| Fwd PE | 14.57 | ||
| P/S | 7.99 | ||
| P/FCF | 27.48 | ||
| P/OCF | 11.69 | ||
| P/B | 2.75 | ||
| P/tB | 2.75 | ||
| EV/EBITDA | 13.47 |
EPS(TTM)2.79
EY6.26%
EPS(NY)3.06
Fwd EY6.87%
FCF(TTM)1.62
FCFY3.64%
OCF(TTM)3.81
OCFY8.56%
SpS5.57
BVpS16.17
TBVpS16.17
PEG (NY)N/A
PEG (5Y)1.62
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 | 1.16 |
F-Score6
WACC7.39%
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%.