Gaming & Leisure Properties, Inc. (GLPI) stock analysis

P/E below its 5-year median

Gaming & Leisure Properties's P/E of 12.0 is below its own 5-year median of 17.1.

P/E below the industry

Gaming & Leisure Properties's P/E of 12.0 is below the Miscellaneous Investing median of 26.3.

EV/EBITDA below its 5-year median

Gaming & Leisure Properties's EV/EBITDA of 6.9 is below its 5-year median of 9.2.

P/B above the industry

Gaming & Leisure Properties's price-to-book of 2.31 is above the Miscellaneous Investing median of 1.20.

Trading below fair value

The share price of $39.27 is below our fair value estimate of $57.88.

Margin of safety over 20%

The price is 32.2% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew 6.7% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew 3.0% a year over the last three fiscal years.

Earnings growth accelerating

Net income grew 20.7% over the last twelve months, against a 5-year average of 10.3% a year.

Growing faster than the industry

Revenue grew 7.3% over the last twelve months; the Miscellaneous Investing median is 4.6%.

Guidance raised

Gaming & Leisure Properties raised its year ending December 31, 2026 AFFO outlook on Jul 31, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity over 15%

Return on equity was 19.6% over the last twelve months and averaged 18.2% over five years.

Return on capital over 10%

Return on invested capital was 31.0%, above the 10% that usually covers the cost of capital.

Return on equity above the industry

Gaming & Leisure Properties's return on equity of 19.6% is above the Miscellaneous Investing median of 3.1%.

Earnings grew over 5 years

Net income grew 10.3% a year on average over the last five fiscal years.

Net margin above its 5-year average

Net margin was 55.2% over the last twelve months, against a 5-year average of 50.0%.

Net margin above the industry

Gaming & Leisure Properties's net margin of 55.2% is above the Miscellaneous Investing median of 10.3%.

Debt level

Needs debt and equity figures.

Debt trend

Needs a balance sheet from five years ago with positive equity.

Debt coverage

Needs operating cash flow.

Interest not well covered

Operating income covers interest expense 3.5 times; we look for at least 5.

Short-term liquidity

The balance sheet is not split into current and non-current items.

Elevated bankruptcy risk

The Altman Z-score is 1.02; above 3 is the safe zone and below 1.8 the distress zone.

Pays a dividend

Gaming & Leisure Properties paid dividends worth 8.1% of the share price over the last twelve months.

Yield above Treasuries

The 8.1% yield is above the 4.4% on a 1-year Treasury.

Yield in the top quarter

The top quarter of US dividend payers yield 3.8% or more; Gaming & Leisure Properties yields 8.1%.

Dividend not cut

The dividend per share has not fallen by more than 10% in any of the last 10 fiscal years.

Not covered by earnings

Dividends take 98.2% of net income, leaving little room.

Cash-flow cover

Needs dividends paid and free cash flow.