GLPI (Gaming and Leisure Properties) Intrinsic Value: Projected FCF: $40.83 (As of Aug. 06, 2026) — 3274% Above Median

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GLPI Gaming and Leisure Properties Inc GLPI
82 GF Score
Price $43.81
GF Value $49.44
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Gaming and Leisure Properties Intrinsic Value: Projected FCF?

Gaming and Leisure Properties GLPI -1.35% 82 Intrinsic Value: Projected FCF is $40.83 as of Aug. 06, 2026, which is 3274% above its 10-year median of 1.21. GuruFocus rates GLPI with a GF Score™ of 82/100 and a GF Value™ of $49.44 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 606 REITs companies, Gaming and Leisure Properties ranks worse than 76.4% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-08-06), Gaming and Leisure Properties's Intrinsic Value: Projected FCF is $40.83. The stock price of Gaming and Leisure Properties is $43.81. Therefore, Gaming and Leisure Properties's Price-to-Intrinsic-Value-Projected-FCF of today is 1.1.

The historical rank and industry rank for Gaming and Leisure Properties's Intrinsic Value: Projected FCF or its related term are showing as below:

GLPI' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.94   Med: 1.21   Max: 1.6
Current: 1.07

During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Gaming and Leisure Properties was 1.60. The lowest was 0.94. And the median was 1.21.

GLPI's Price-to-Projected-FCF is ranked worse than
76.4% of 606 companies
in the REITs industry
Industry Median: 0.68 vs GLPI: 1.07

Gaming and Leisure Properties  (NAS:GLPI) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

Gaming and Leisure Properties's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=43.81/40.827293801919
=1.07

* 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 Intrinsic Value: Projected FCF Related Terms


Gaming and Leisure Properties Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for Gaming and Leisure Properties's Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF Chart

Gaming and Leisure Properties Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.21 37.35 38.53 39.95 40.41

Gaming and Leisure Properties Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intrinsic Value: Projected 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 41.33 40.96 40.41 40.41 40.83

GLPI vs LAMR, WY, SBAC: Intrinsic Value: Projected FCF Comparison

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

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

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


GLPI
82GF Score
Gaming and Leisure Properties Inc GLPI
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gaming and Leisure Properties Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get Gaming and Leisure Properties's Free Cash Flow(6 year avg) = $807.13.

Gaming and Leisure Properties's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Jun26)*0.8)/Shares Outstanding (Diluted Average)
=(9.5203515959648*807.12512+4983.316*0.8)/285.857
=40.83

* 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.

What does a Intrinsic Value: Projected FCF of $40.83 mean?
Gaming and Leisure Properties (GLPI) has a Intrinsic Value: Projected FCF of $40.83 as of Aug. 06, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Gaming and Leisure Properties and its competitors. This is 3274% above median its historical median of 1.21. Over the past decade, Gaming and Leisure Properties' Intrinsic Value: Projected FCF has ranged from 0.94 to 1.60. According to the industry distribution chart, Gaming and Leisure Properties ranks #463 out of 606 companies in the REITs industry, placing it in the top 76.4%.
Is Gaming and Leisure Properties' Intrinsic Value: Projected FCF too high?
Gaming and Leisure Properties' current Intrinsic Value: Projected FCF of $40.83 is 3274% above median its 10-year median of 1.21. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.60. The REITs industry median Intrinsic Value: Projected FCF is 0.68. Gaming and Leisure Properties' value of $40.83 is 5904.4% above this industry median. Based on the distribution chart, Gaming and Leisure Properties ranks #463 out of 606 companies in the REITs industry, which is in the bottom quartile relative to peers. 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' Intrinsic Value: Projected FCF compare to LAMR and WY?
According to the REITs industry distribution chart, Gaming and Leisure Properties ranks #463 out of 606 companies for Intrinsic Value: Projected FCF. This places Gaming and Leisure Properties in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 0.68. Gaming and Leisure Properties' value of $40.83 is 5904.4% above this benchmark. Historically, Gaming and Leisure Properties' own Intrinsic Value: Projected FCF has ranged from 0.94 to 1.60 over the past decade. While the company's 10-year median is 1.21 vs. the industry median of 0.68, 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 Intrinsic Value: Projected FCF for a REITs company?
The median Intrinsic Value: Projected FCF among REITs companies is 0.68, based on 606 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gaming and Leisure Properties's current Intrinsic Value: Projected FCF of $40.83 is 5904.4% 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Gaming and Leisure Properties and its competitors. For the REITs industry, the median Intrinsic Value: Projected FCF is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gaming and Leisure Properties's current Intrinsic Value: Projected FCF is $40.83, which is 3274% above median its own 10-year median of 1.21. 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 Modestly Undervalued. The stock's GF Value™ is $49.44, compared to a current price of $43.81 — trading 11.4% below its estimated fair value. The current Intrinsic Value: Projected FCF is $40.83, which is 3274% above median its 10-year median of 1.21 and 5904.4% above the REITs industry median of 0.68. Gaming and Leisure Properties' overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Gaming and Leisure Properties (GLPI), the current Intrinsic Value: Projected FCF is $40.83 as of Aug. 06, 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 $43.81 is trading 11.4% below its estimated GF Value™ of $49.44. GuruFocus considers Gaming and Leisure Properties to be Modestly Undervalued.

Key valuation signals for GLPI:

  • Intrinsic Value: Projected FCF: $40.83 (3274% above median its 10-year median of 1.21)
  • GF Value™: $49.44 vs. price of $43.81 (11.4% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 5904.4% above the REITs median (#463 of 606)

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

Industry Real EstateREITs
Other Exchanges 2GL:GermanyG1AM34: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 GLPI

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

$43.81
Price
$49.44
GF Value