$19.65
-2.9%PENN Entertainment, Inc., together with its subsidiaries, provides integrated entertainment, sports content, and casino gaming experiences in North America. The company operates through five segments: Northeast, South, West, Midwest, and Interactive. It operates 44 properties in 20 states; online sports betting in 13 jurisdictions; and iCasino in five under a portfolio of brands, including Hollywood Casino, L'Auberge, Barstool Sportsbook, and theScore Bet. The company was formerly known as Penn National Gaming, Inc. and changed its name to PENN Entertainment, Inc. in August 2022. PENN Entertainment, Inc. was founded in 1972 and is based in Wyomissing, Pennsylvania.
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
Base year metrics used for projections
Forecast period and terminal assumptions
Calculation flow from present value to intrinsic value per share
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $441.9M | $384.2M | $334.1M | $290.5M | $252.6M | $219.7M | $191.0M | $166.1M | $144.4M | $125.6M |
| Maintenance CapEx | -$112.6M | -$97.9M | -$85.2M | -$74.1M | -$64.4M | -$56.0M | -$48.7M | -$42.3M | -$36.8M | -$32.0M |
| Owner Earnings | $329.3M | $286.3M | $248.9M | $216.5M | $188.2M | $163.7M | $142.3M | $123.7M | $107.6M | $93.6M |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $304.9M | $245.5M | $197.6M | $159.1M | $128.1M | $103.1M | $83.0M | $66.9M | $53.8M | $43.3M |
Continue your PENN research with focused valuation guides.
Snapshot
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Value Model
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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