Gaming and Leisure Properties (FRA:2GL) EV-to-FCF: 29.54 (As of Jun. 28, 2026) — 40% Above Median


FRA:2GL Gaming and Leisure Properties Inc FRA:2GL
82 GF Score
Price €39.07
GF Value €42.37
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Gaming and Leisure Properties EV-to-FCF?

Gaming and Leisure Properties FRA:2GL -2.84% 82 EV-to-FCF is 29.54 as of Jun. 28, 2026, which is 40% above its 10-year median of 21.15. GuruFocus rates FRA:2GL with a GF Score™ of 82/100 and a GF Value™ of €42.37 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 741 REITs companies, Gaming and Leisure Properties ranks worse than 61.27% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Gaming and Leisure Properties's Enterprise Value is €18,915 Mil. Gaming and Leisure Properties's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €640 Mil. Therefore, Gaming and Leisure Properties's EV-to-FCF for today is 29.54.

The historical rank and industry rank for Gaming and Leisure Properties's EV-to-FCF or its related term are showing as below:

FRA:2GL' s EV-to-FCF Range Over the Past 10 Years
Min: 13.46   Med: 21.15   Max: 38.47
Current: 28.89

During the past 13 years, the highest EV-to-FCF of Gaming and Leisure Properties was 38.47. The lowest was 13.46. And the median was 21.15.

FRA:2GL's EV-to-FCF is ranked worse than
61.27% of 741 companies
in the REITs industry
Industry Median: 22.98 vs FRA:2GL: 28.89

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-06-28), Gaming and Leisure Properties's stock price is €39.07. Gaming and Leisure Properties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €2.704. Therefore, Gaming and Leisure Properties's PE Ratio (TTM) for today is 14.45.


Gaming and Leisure Properties  (FRA:2GL) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Gaming and Leisure Properties's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=39.07/2.704
=14.45

Gaming and Leisure Properties's share price for today is €39.07.
Gaming and Leisure Properties's Earnings per Share (Diluted) 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 €2.704.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Gaming and Leisure Properties EV-to-FCF Related Terms


Gaming and Leisure Properties EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's EV-to-FCF can be seen below:

* 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 EV-to-FCF Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.23 22.37 20.70 19.95 24.62

Gaming and Leisure Properties Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.08 19.36 20.38 24.62 28.32

FRA:2GL vs LAMR, WY, RYN: EV-to-FCF Comparison

For the REIT - Specialty subindustry, Gaming and Leisure Properties's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Gaming and Leisure Properties's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Gaming and Leisure Properties's EV-to-FCF falls into.


FRA:2GL
82GF Score
Gaming and Leisure Properties Inc FRA:2GL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties EV-to-FCF Calculation

Gaming and Leisure Properties's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=18914.800/640.346
=29.54

Gaming and Leisure Properties's current Enterprise Value is €18,915 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 €640 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 29.54 mean?
Gaming and Leisure Properties (FRA:2GL) has a EV-to-FCF of 29.54 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Gaming and Leisure Properties and its competitors. This is 40% above median its historical median of 21.15. Over the past decade, Gaming and Leisure Properties' EV-to-FCF has ranged from 13.46 to 38.47. According to the industry distribution chart, Gaming and Leisure Properties ranks #454 out of 741 companies in the REITs industry, placing it in the top 61.3%.
Is Gaming and Leisure Properties' EV-to-FCF too high?
Gaming and Leisure Properties' current EV-to-FCF of 29.54 is 40% above median its 10-year median of 21.15. Over the past 10 years, this metric has ranged from a low of 13.46 to a high of 38.47. The REITs industry median EV-to-FCF is 22.98. Gaming and Leisure Properties' value of 29.54 is 28.5% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #454 out of 741 companies in the REITs industry, which is below the industry midpoint. Overall, Gaming and Leisure Properties has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gaming and Leisure Properties' EV-to-FCF compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #454 out of 741 companies for EV-to-FCF. This places Gaming and Leisure Properties in the lower half of its industry. The industry median EV-to-FCF is 22.98. Gaming and Leisure Properties' value of 29.54 is 28.5% above this benchmark. Historically, Gaming and Leisure Properties' own EV-to-FCF has ranged from 13.46 to 38.47 over the past decade. While the company's 10-year median is 21.15 vs. the industry median of 22.98, Gaming and Leisure Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.98, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current EV-to-FCF of 29.54 is 28.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median EV-to-FCF is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current EV-to-FCF is 29.54, which is 40% above median its own 10-year median of 21.15. 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 (FRA:2GL) is currently considered Modestly Undervalued. The stock's GF Value™ is €42.37, compared to a current price of €39.07 — trading 7.8% below its estimated fair value. The current EV-to-FCF is 29.54, which is 40% above median its 10-year median of 21.15 and 28.5% above the REITs industry median of 22.98. Gaming and Leisure Properties' overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Gaming and Leisure Properties (FRA:2GL), the current EV-to-FCF is 29.54 as of Jun. 28, 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 (FRA:2GL) Overvalued in 2026?

Based on GuruFocus' analysis, Gaming and Leisure Properties stock appears to be undervalued. The current stock price of €39.07 is trading 7.8% below its estimated GF Value™ of €42.37. GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.

Key valuation signals for FRA:2GL:

  • EV-to-FCF: 29.54 (40% above median its 10-year median of 21.15)
  • GF Value™: €42.37 vs. price of €39.07 (7.8% below fair value)
  • GF Score™: 82/100 with 7 warning signs
  • Industry Position: 28.5% above the REITs median (#454 of 741)

No single metric tells the full story. See the FRA:2GL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gaming and Leisure Properties Business Description

Industry Real EstateREITs
Other Exchanges GLPI:USAG1AM34:Brazil
Address 845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
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.
82GF Score

Get the complete analysis for FRA:2GL

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€39.07
Price
€42.37
GF Value