45.49 USD
+1.24 (+2.8%)
45.33 USD
-0.16 (-0.35%)
Taking everything into account, GLPI scores 6 out of 10 in our fundamental rating. GLPI was compared to 30 industry peers in the Specialized REITs industry. While GLPI has a great profitability rating, 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.
Each year in the past 5 years GLPI has been profitable.
Each year in the past 5 years GLPI had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.06%, GLPI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
The Return On Equity of GLPI (16.92%) is better than 83.33% of its industry peers.
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 4.78%.
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
Looking at the Profit Margin, with a value of 49.09%, GLPI belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
GLPI's Profit Margin has improved in the last couple of years.
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.
The Gross Margin of GLPI (96.61%) is better than 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.
Compared to 5 years ago, GLPI has more shares outstanding
Compared to 1 year ago, GLPI has a worse debt to assets ratio.
2.2 Solvency
GLPI has an Altman-Z score of 1.18. This is a bad value and indicates that GLPI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.18, GLPI is in line with its industry, outperforming 60.00% of the companies in the same industry.
The Debt to FCF ratio of GLPI is 15.83, which is on the high side as it means it would take GLPI, 15.83 years of fcf income to pay off 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.
With a Debt to Equity ratio value of 1.59, GLPI perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.59 | ||
| Debt/FCF | 15.83 | ||
| Altman-Z | 1.18 |
ROIC/WACC0.98
WACC7.44%
2.3 Liquidity
A Current Ratio of 2.40 indicates that GLPI has no problem at all paying its short term obligations.
GLPI's Current ratio of 2.40 is amongst the best of the industry. GLPI outperforms 90.00% of its industry peers.
GLPI has a Quick Ratio of 2.40. This indicates that GLPI is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.40, GLPI belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
| 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.
The Revenue has been growing slightly by 4.39% in the past year.
The Revenue has been growing slightly by 5.83% on average over the past years.
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 3.61% 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 9.64% on average per year.
EPS Next Y-3.57%
EPS Next 2Y5.36%
EPS Next 3Y3.61%
EPS Next 5YN/A
Revenue Next Year3.65%
Revenue Next 2Y4.14%
Revenue Next 3Y4.04%
Revenue Next 5Y9.64%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 16.30, the valuation of GLPI can be described as correct.
Based on the Price/Earnings ratio, GLPI is valued cheaply inside the industry as 90.00% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.22. GLPI is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.28, the valuation of GLPI can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLPI indicates a rather cheap valuation: GLPI is cheaper than 93.33% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GLPI to the average of the S&P500 Index (23.58), we can say GLPI is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.3 | ||
| Fwd PE | 14.28 |
4.2 Price Multiples
GLPI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. GLPI is cheaper than 86.67% of the companies in the same industry.
GLPI's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.06 | ||
| EV/EBITDA | 13.66 |
4.3 Compensation for Growth
The excellent profitability rating of GLPI may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)1.65
EPS Next 2Y5.36%
EPS Next 3Y3.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.42%, GLPI is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.65, GLPI pays a better dividend. On top of this GLPI pays more dividend than 93.33% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 1.87, GLPI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.42% |
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
111.03% of the earnings are spent on dividend by GLPI. This is not a sustainable payout ratio.
The dividend of GLPI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP111.03%
EPS Next 2Y5.36%
EPS Next 3Y3.61%
45.49
+1.24 (+2.8%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.4%
Inst Owner Change4.58%
Ins Owners2.45%
Ins Owner Change-0.09%
Market Cap12.87B
Revenue(TTM)1.58B
Net Income(TTM)774.32M
Analysts75.33
Price Target54.64 (20.11%)
Short Float %3.24%
Short Ratio3.56
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.42% |
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)-0.57%
PT rev (3m)-0.56%
EPS NQ rev (1m)6.57%
EPS NQ rev (3m)8.4%
EPS NY rev (1m)1.73%
EPS NY rev (3m)3.89%
Revenue NQ rev (1m)-0.45%
Revenue NQ rev (3m)0.26%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.3 | ||
| Fwd PE | 14.28 | ||
| P/S | 8.16 | ||
| P/FCF | 28.06 | ||
| P/OCF | 11.94 | ||
| P/B | 2.81 | ||
| P/tB | 2.81 | ||
| EV/EBITDA | 13.66 |
EPS(TTM)2.79
EY6.13%
EPS(NY)3.19
Fwd EY7%
FCF(TTM)1.62
FCFY3.56%
OCF(TTM)3.81
OCFY8.38%
SpS5.57
BVpS16.17
TBVpS16.17
PEG (NY)N/A
PEG (5Y)1.65
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 | 1.18 |
F-Score6
WACC7.44%
ROIC/WACC0.98
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-3.57%
EPS Next 2Y5.36%
EPS Next 3Y3.61%
EPS Next 5YN/A
Revenue 1Y (TTM)4.39%
Revenue growth 3Y7.98%
Revenue growth 5Y5.83%
Sales Q2Q%3.18%
Revenue Next Year3.65%
Revenue Next 2Y4.14%
Revenue Next 3Y4.04%
Revenue Next 5Y9.64%
EBIT growth 1Y3.46%
EBIT growth 3Y11.18%
EBIT growth 5Y9.45%
EBIT Next Year29.7%
EBIT Next 3Y13.68%
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 5 / 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 6 / 10 and the dividend payout ratio is 111.03%.