Company Valuation: Gaming and Leisure Properties, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,973 13,414 13,177 13,215 12,648 11,238 - -
Change - 12.04% -1.77% 0.28% -4.29% -11.14% - -
Enterprise Value (EV) 1 17,854 19,357 19,175 20,549 19,688 19,300 19,495 19,660
Change - 8.42% -0.94% 7.16% -4.19% -1.97% 1.01% 0.85%
P/E 21.5x 19.3x 17.8x 16.8x 15.1x 11.9x 11.6x 11.1x
PBR 3.84x 3.59x 3.31x 3.19x 2.81x 2.2x 2.2x 2.15x
PEG - 1x 6.87x 4.65x 5.42x 1.2x 4x 2.49x
Capitalization / Revenue 9.84x 10.2x 9.15x 8.63x 7.93x 6.5x 6.15x 5.95x
EV / Revenue 14.7x 14.8x 13.3x 13.4x 12.3x 11.2x 10.7x 10.4x
EV / EBITDA 16.3x 15.8x 14.7x 15x 13.4x 11.9x 11.3x 11x
EV / EBIT 21.2x 18.8x 17.9x 18.2x 16.4x 14.2x 13.6x 13.1x
EV / FCF 22.6x 21.6x 19.9x 19.9x 23.9x 16.3x 15.4x -
FCF Yield 4.42% 4.63% 5.02% 5.03% 4.19% 6.14% 6.5% -
Dividend per Share 2 2.66 2.805 3.15 3.04 3.1 3.234 3.338 3.455
Rate of return 5.47% 5.38% 6.38% 6.31% 6.94% 8.37% 8.64% 8.94%
EPS 2 2.26 2.7 2.77 2.87 2.95 3.242 3.336 3.485
Distribution rate 118% 104% 114% 106% 105% 99.8% 100% 99.2%
Net sales 1 1,216 1,312 1,440 1,532 1,595 1,729 1,827 1,888
EBITDA 1 1,097 1,222 1,307 1,374 1,467 1,622 1,721 1,783
EBIT 1 841.8 1,030 1,069 1,131 1,201 1,358 1,434 1,497
Net income 1 534 684.7 734.3 784.6 825.1 947.7 998.1 1,044
Net Debt 1 5,881 5,943 5,998 7,334 7,041 8,061 8,257 8,422
Reference price 2 48.66 52.09 49.35 48.16 44.69 38.63 38.63 38.63
Nbr of stocks (in thousands) 246,051 257,517 267,016 274,392 283,008 290,920 - -
Announcement Date 24/02/22 23/02/23 27/02/24 20/02/25 19/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.43x10.02x12.17x7.88% 25.53B
16.52x3.1x10.45x6.88% 15.52B
11.92x11.16x11.9x8.37% 11.24B
31.15x4.27x13.36x3.97% 8.33B
23.11x3.67x11.44x5.87% 3.86B
36.76x2.71x10.9x6.42% 3.17B
10.71x10.61x11.27x6.7% 3.09B
16.24x3.1x11.18x3.24% 2.59B
Average 19.35x 6.08x 11.58x 6.17% 9.17B
Weighted average by Cap. 15.62x 7.21x 11.73x 6.92%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. GLPI Stock
  4. 2GL Stock
  5. Valuation Gaming and Leisure Properties, Inc.