Projected Income Statement: Gaming and Leisure Properties, Inc.

Forecast Balance Sheet: Gaming and Leisure Properties, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt 1 5,881 5,943 5,998 7,334 7,041 8,037 8,276 8,419
Change - 1.05% 0.93% 22.27% -4% 14.15% 2.97% 1.73%
Announcement Date 2/24/22 2/23/23 2/27/24 2/20/25 2/19/26 - - -
1USD in Million
Estimates

Cash Flow Forecast: Gaming and Leisure Properties, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
CAPEX 1 13.93 23.86 47.37 39.55 304.4 547.2 606.6 0.1
Change - 71.37% 98.49% -16.5% 669.69% 79.75% 10.85% -99.98%
Free Cash Flow (FCF) 1 789.9 896.3 962 1,033 825 1,184 1,267 -
Change - 13.47% 7.34% 7.4% -20.15% 43.53% 6.98% -100%
Announcement Date 2/24/22 2/23/23 2/27/24 2/20/25 2/19/26 - - -
1USD in Million
Estimates

Forecast Financial Ratios: Gaming and Leisure Properties, Inc.

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 90.16% 93.14% 90.75% 89.73% 91.98% 94.11% 94.35% 94.36%
EBIT Margin (%) 69.2% 78.52% 74.2% 73.83% 75.34% 78.2% 78.36% 78.84%
EBT Margin (%) 46.24% 54.92% 52.58% 52.87% 53.46% 55.89% 55.07% 55.82%
Net margin (%) 43.91% 52.2% 50.98% 51.23% 51.74% 55.04% 54.56% 55.47%
FCF margin (%) 64.94% 68.33% 66.79% 67.46% 51.73% 68.72% 69.22% -
FCF / Net Income (%) 147.9% 130.91% 131.01% 131.68% 99.98% 124.86% 126.87% -

Profitability

        
ROA 5.41% 6.33% 6.46% 6.31% 6.35% 6.98% 7.04% 7.46%
ROE 18.23% 19.67% 18.51% 18.62% 18.55% 18.41% 19.96% 21.41%

Financial Health

        
Leverage (Debt/EBITDA) 5.36x 4.86x 4.59x 5.34x 4.8x 4.96x 4.79x 4.68x
Debt / Free cash flow 7.45x 6.63x 6.23x 7.1x 8.53x 6.79x 6.53x -

Capital Intensity

        
CAPEX / Current Assets (%) 1.14% 1.82% 3.29% 2.58% 19.09% 31.76% 33.15% 0.01%
CAPEX / EBITDA (%) 1.27% 1.95% 3.62% 2.88% 20.75% 33.75% 35.13% 0.01%
CAPEX / FCF (%) 1.76% 2.66% 4.92% 3.83% 36.9% 46.21% 47.89% -

Items per share

        
Cash flow per share 1 3.403 3.625 3.702 3.81 3.917 4.076 4.402 -
Change - 6.53% 2.14% 2.91% 2.81% 4.05% 8.02% -
Dividend per Share 1 2.66 2.805 3.15 3.04 3.1 3.234 3.327 3.44
Change - 5.45% 12.3% -3.49% 1.97% 4.31% 2.89% 3.41%
Book Value Per Share 1 12.66 14.49 14.92 15.1 15.88 17.2 17.53 17.91
Change - 14.44% 2.98% 1.21% 5.18% 8.28% 1.94% 2.15%
EPS 1 2.26 2.7 2.77 2.87 2.95 3.215 3.326 3.472
Change - 19.47% 2.59% 3.61% 2.79% 8.99% 3.44% 4.39%
Nbr of stocks (in thousands) 246,051 257,517 267,016 274,392 283,008 290,920 290,920 290,920
Announcement Date 2/24/22 2/23/23 2/27/24 2/20/25 2/19/26 - - -
1USD
Estimates
2026 *2027 *
P/E 13.6x 13.2x
PBR 2.55x 2.5x
EV / Sales 12.1x 11.5x
Yield 7.37% 7.59%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
BBB
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
24
Last Close Price
43.86USD
Average target price
53.87USD
Spread / Average Target
+22.82%

Quarterly revenue - Rate of surprise

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