Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Gaming and Leisure Properties (NAS:GLPI) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Gaming and Leisure Properties's EV-to-EBIT for today is
Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil.
Gaming and Leisure Properties's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,294 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Gaming and Leisure Properties's EV-to-EBITDA for today is:
Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil.
Gaming and Leisure Properties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,577 Mil.
Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil.
Gaming and Leisure Properties's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,620 Mil.
Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil.
Gaming and Leisure Properties's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,147 Mil.
Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil.
Gaming and Leisure Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $744 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties Enterprise Value Related Terms
Gaming and Leisure Properties Enterprise Value Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties Enterprise Value Chart
GLPI vs LAMR, WY, RYN: Enterprise Value Comparison
For the REIT - Specialty subindustry, Gaming and Leisure Properties's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Gaming and Leisure Properties Enterprise Value vs REITs Industry
For the REITs industry and Real Estate sector, Gaming and Leisure Properties's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Gaming and Leisure Properties's Enterprise Value falls into.
Gaming and Leisure Properties Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Gaming and Leisure Properties (GLPI) has a Enterprise Value of $21,358 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gaming and Leisure Properties and its competitors.
Is Gaming and Leisure Properties' Enterprise Value too high?
Gaming and Leisure Properties' current Enterprise Value is $21,358 Mil. Overall, Gaming and Leisure Properties has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' Enterprise Value compare to LAMR and WY?
Gaming and Leisure Properties' Enterprise Value of $21,358 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gaming and Leisure Properties and its competitors. Gaming and Leisure Properties's current Enterprise Value is $21,358 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gaming and Leisure Properties stock overvalued right now?
Based on GuruFocus' analysis, Gaming and Leisure Properties (GLPI) is currently considered Fairly Valued. The stock's GF Value™ is $49.74, compared to a current price of $45.38 — trading 8.8% below its estimated fair value. The current Enterprise Value is $21,358 Mil. Gaming and Leisure Properties' overall GF Score™ is 86/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Enterprise Value is $21,358 Mil as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Gaming and Leisure Properties (GLPI) Overvalued in 2026?
Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued.
The current stock price of $45.38 is trading 8.8% below its estimated GF Value™ of $49.74.
GuruFocus considers Gaming and Leisure Properties to be Fairly Valued.
Key valuation signals for GLPI:
Enterprise Value: $21,358 Mil
GF Value™: $49.74 vs. price of $45.38 (8.8% below fair value)
No single metric tells the full story. See the GLPI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gaming and Leisure Properties Business Description
Gaming and Leisure Properties Inc, or GLP, is a self-administered and self-managed Pennsylvania real estate investment trust (REIT). It is engaged in acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. The company also extends loans that produce fixed or variable returns, which may convert into leased rent upon project completion or stabilization. Its portfolio consists of gaming and related facilities and amenities such as Ameristar Black Hawk, Bally's Casino, Argosy Casino Alton, Bally's Chicago, Hollywood Casino Aurora, and others located across different states in the United States.
86GF Score
Get the complete analysis for GLPI
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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