WallStSmart

Gaming & Leisure Properties (GLPI)vsAT&T Inc. 5.35% GLB NTS 66 (TBB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

GLPI leads profitability with a 58.5% profit margin vs 0.0%. TBB trades at a lower P/E of 3.8x. GLPI earns a higher WallStSmart Score of 70/100 (B-).

GLPI

Strong Buy

70

out of 100

Grade: B-

Growth: 7.3Profit: 8.5Value: 6.0Quality: 5.5
Piotroski: 4/9Altman Z: 0.62

TBB

Avoid

25

out of 100

Grade: F

Growth: 4.0Profit: 5.0Value: 6.7Quality: 3.5
Piotroski: 5/9Altman Z: 0.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GLPIUndervalued (+21.9%)

Margin of Safety

+21.9%

Fair Value

$59.17

Current Price

$40.24

$18.93 discount

UndervaluedFair: $59.17Overvalued

Intrinsic value data unavailable for TBB.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GLPI5 strengths · Avg: 8.8/10
Profit MarginProfitability
58.5%10/10

Keeps 59 of every $100 in revenue as profit

Operating MarginProfitability
77.5%10/10

Strong operational efficiency at 77.5%

P/E RatioValuation
12.2x8/10

Attractively priced relative to earnings

Price/BookValuation
2.3x8/10

Reasonable price relative to book value

EPS GrowthGrowth
47.9%8/10

Earnings expanding 47.9% YoY

TBB3 strengths · Avg: 9.0/10
P/E RatioValuation
3.8x10/10

Attractively priced relative to earnings

Market CapQuality
$132.56B9/10

Large-cap with strong market position

Free Cash FlowQuality
$5.17B8/10

Generating 5.2B in free cash flow

Areas to Watch

GLPI3 concerns · Avg: 2.3/10
Debt/EquityHealth
1.683/10

Elevated debt levels

PEG RatioValuation
8.082/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.622/10

Distress zone — elevated risk

TBB4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

EPS GrowthGrowth
0.0%4/10

0.0% earnings growth

Profit MarginProfitability
0.0%3/10

0.0% margin — thin

Operating MarginProfitability
0.0%3/10

Operating margin of 0.0%

Comparative Analysis Report

WallStSmart Research

Bull Case : GLPI

The strongest argument for GLPI centers on Profit Margin, Operating Margin, P/E Ratio. Profitability is solid with margins at 58.5% and operating margin at 77.5%.

Bull Case : TBB

The strongest argument for TBB centers on P/E Ratio, Market Cap, Free Cash Flow.

Bear Case : GLPI

The primary concerns for GLPI are Debt/Equity, PEG Ratio, Altman Z-Score. Debt-to-equity of 1.68 is elevated, increasing financial risk.

Bear Case : TBB

The primary concerns for TBB are Revenue Growth, EPS Growth, Profit Margin.

Key Dynamics to Monitor

GLPI profiles as a mature stock while TBB is a value play — different risk/reward profiles.

GLPI is growing revenue faster at 9.0% — sustainability is the question.

TBB generates stronger free cash flow (5.2B), providing more financial flexibility.

Monitor REIT - SPECIALTY industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GLPI scores higher overall (70/100 vs 25/100), backed by strong 58.5% margins. Both earn "Strong Buy" and "Avoid" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Gaming & Leisure Properties

REAL ESTATE · REIT - SPECIALTY · USA

Gaming & Leisure Properties, Inc. (GLPI) is a premier real estate investment trust (REIT) specializing in the acquisition and management of high-quality gaming and gaming-related facilities across the United States. By establishing long-term leases with leading gaming operators, GLPI secures a stable and resilient income stream driven by strong sector demand. The company's strategic investment methodology enhances rental income while providing tenant operational flexibility, positioning GLPI as a key player in the evolving gaming and entertainment market. For institutional investors, GLPI represents a unique opportunity to gain exposure to a distinctive asset class at the intersection of real estate and the growing gaming sector, targeting consistent and attractive returns.

AT&T Inc. 5.35% GLB NTS 66

REAL ESTATE · REIT - RESIDENTIAL · USA

AT&T Inc. provides digital entertainment communications and services. The company is headquartered in Dallas, Texas.

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