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Gaming and Leisure Properties (STU:2GL) Cyclically Adjusted Price-to-FCF : 13.03 (As of Jun. 07, 2024)


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What is Gaming and Leisure Properties Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Gaming and Leisure Properties's current share price is €40.91. Gaming and Leisure Properties's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.14. Gaming and Leisure Properties's Cyclically Adjusted Price-to-FCF for today is 13.03.

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

STU:2GL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.49   Med: 16.11   Max: 18.68
Current: 13.1

During the past years, Gaming and Leisure Properties's highest Cyclically Adjusted Price-to-FCF was 18.68. The lowest was 12.49. And the median was 16.11.

STU:2GL's Cyclically Adjusted Price-to-FCF is ranked worse than
56.3% of 389 companies
in the REITs industry
Industry Median: 11.47 vs STU:2GL: 13.10

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Gaming and Leisure Properties's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.872. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €3.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gaming and Leisure Properties Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Gaming and Leisure Properties's Cyclically Adjusted Price-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.

* Premium members only.

Gaming and Leisure Properties Cyclically Adjusted Price-to-FCF Chart

Gaming and Leisure Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 17.69 14.92

Gaming and Leisure Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-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 16.85 15.15 13.76 14.92 13.55

Competitive Comparison of Gaming and Leisure Properties's Cyclically Adjusted Price-to-FCF

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

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

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



Gaming and Leisure Properties Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Gaming and Leisure Properties's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=40.91/3.14
=13.03

* 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's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gaming and Leisure Properties's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.872/131.7762*131.7762
=0.872

Current CPI (Mar. 2024) = 131.7762.

Gaming and Leisure Properties Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.090 100.560 0.118
201409 0.166 100.428 0.218
201412 0.250 99.070 0.333
201503 0.734 99.621 0.971
201506 0.414 100.684 0.542
201509 0.761 100.392 0.999
201512 0.389 99.792 0.514
201603 0.780 100.470 1.023
201606 0.503 101.688 0.652
201609 0.834 101.861 1.079
201612 0.490 101.863 0.634
201703 0.822 102.862 1.053
201706 0.446 103.349 0.569
201709 0.768 104.136 0.972
201712 0.427 104.011 0.541
201803 0.699 105.290 0.875
201806 0.474 106.317 0.588
201809 0.844 106.507 1.044
201812 0.552 105.998 0.686
201903 0.908 107.251 1.116
201906 0.581 108.070 0.708
201909 0.923 108.329 1.123
201912 0.686 108.420 0.834
202003 0.832 108.902 1.007
202006 0.125 108.767 0.151
202009 0.312 109.815 0.374
202012 0.416 109.897 0.499
202103 0.735 111.754 0.867
202106 0.695 114.631 0.799
202109 0.765 115.734 0.871
202112 0.642 117.630 0.719
202203 0.845 121.301 0.918
202206 0.829 125.017 0.874
202209 0.920 125.227 0.968
202212 0.771 125.222 0.811
202303 0.823 127.348 0.852
202306 0.823 128.729 0.842
202309 0.853 129.860 0.866
202312 0.816 129.419 0.831
202403 0.872 131.776 0.872

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gaming and Leisure Properties  (STU:2GL) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Gaming and Leisure Properties Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Gaming and Leisure Properties's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Gaming and Leisure Properties (STU:2GL) Business Description

Traded in Other Exchanges
Address
845 Berkshire Boulevard, Suite 200, Wyomissing, PA, USA, 19610
Gaming and Leisure Properties Inc, or GLP, is a real estate investment property trust primarily involved in the leasing of gaming and related facilities to wholly-owned subsidiaries of Penn National Gaming, or Penn, throughout the U.S. GLP segments its operations into GLP Capital and TRS Properties divisions. The company derives the vast majority of its revenue from its GLP Capital unit in the form of rental income from dockside and land-based casinos located mostly in the American Midwest. Almost all of GLP Capital's leases are long-term agreements that give Penn the option for future extensions. Gaming revenue generated by TRS Properties, which encompasses the operations of Hollywood Casino Perryville and Hollywood Casino Baton Rouge, also represents a significant income stream for GLP.

Gaming and Leisure Properties (STU:2GL) Headlines

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