EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, PENN Entertainment's Enterprise Value is $13,337 Mil.
PENN Entertainment's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-66 Mil. Therefore, PENN Entertainment's EV-to-FCF for today is -201.77.
The historical rank and industry rank for PENN Entertainment's EV-to-FCF or its related term are showing as below:
PENN'
s EV-to-FCF Range Over the Past 10 Years
Min: -202.67 Med: 25.89 Max: 256.77
Current: -201.77
During the past 13 years, the highest EV-to-FCF of PENN Entertainment was 256.77. The lowest was -202.67. And the median was 25.89.
PENN's EV-to-FCF is ranked worse than 100% of 572
companies
in the Travel & Leisure industry
Industry Median: 15.795
vs PENN: -201.77
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.
PENN Entertainment (NAS:PENN) 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.
PENN Entertainment's PE Ratio (TTM) for today is calculated as:
PENN Entertainment's share price for today is $21.36.
PENN Entertainment'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 $-6.720.
* 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.
PENN Entertainment EV-to-FCF Related Terms
PENN Entertainment EV-to-FCF Historical Data
* Premium members only.
The historical data trend for PENN Entertainment'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.
For the Resorts & Casinos subindustry, PENN Entertainment'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.
PENN Entertainment EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, PENN Entertainment's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where PENN Entertainment's EV-to-FCF falls into.
PENN Entertainment's current Enterprise Value is $13,337 Mil.
PENN Entertainment'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 $-66 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.
PENN Entertainment (PENN) has a EV-to-FCF of -201.77 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on PENN Entertainment and its competitors. According to the industry distribution chart, PENN Entertainment ranks #999999 out of 572 companies in the Travel & Leisure industry.
Is PENN Entertainment's EV-to-FCF too high?
PENN Entertainment's current EV-to-FCF is -201.77. Based on the distribution chart, PENN Entertainment ranks #999999 out of 572 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, PENN Entertainment has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PENN Entertainment's EV-to-FCF compare to VAC and MCRI?
According to the Travel & Leisure industry distribution chart, PENN Entertainment ranks #999999 out of 572 companies for EV-to-FCF. This places PENN Entertainment in the lower half of its industry. The industry median EV-to-FCF is 15.80. 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 Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.80, based on 572 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. 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 PENN Entertainment and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PENN Entertainment's current EV-to-FCF is -201.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PENN Entertainment stock overvalued right now?
Based on GuruFocus' analysis, PENN Entertainment (PENN) is currently considered Fairly Valued. The stock's GF Value™ is $23.32, compared to a current price of $21.36 — trading 8.4% below its estimated fair value. The current EV-to-FCF is -201.77. PENN Entertainment's overall GF Score™ is 75/100 with 10 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 PENN Entertainment (PENN), the current EV-to-FCF is -201.77 as of Jul. 01, 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 PENN Entertainment (PENN) Overvalued in 2026?
Based on GuruFocus' analysis, PENN Entertainment stock appears to be undervalued.
The current stock price of $21.36 is trading 8.4% below its estimated GF Value™ of $23.32.
GuruFocus considers PENN Entertainment to be Fairly Valued.
Key valuation signals for PENN:
EV-to-FCF: -201.77
GF Value™: $23.32 vs. price of $21.36 (8.4% below fair value)
No single metric tells the full story. See the PENN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Penn Entertainment's origins date back to its 1972 racetrack opening in Pennsylvania. Today, Penn operates 42 properties across 20 states and 12 brands, including Hollywood Casino and Ameristar. Land-based casinos represented 81% of total sales in 2025; 19% was from the interactive segment, which includes sports, i-gaming, and media revenue. The retail portfolio generates low-30s EBITDAR margins and helps position the company to obtain licenses for the digital wagering markets. Additionally, Penn's media asset, theScore, provides access to sports betting/i-gaming technology and clientele, helping it form a leading digital position.
75GF Score
Get the complete analysis for PENN
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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