International Game Technology Valuation
Is IGT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast
Share Price vs Fair Value
What is the Fair Price of IGT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: IGT ($18.75) is trading above our estimate of fair value ($11.44)
Significantly Below Fair Value: IGT is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for IGT?
Key metric: As IGT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is IGT's PE Ratio? | |
|---|---|
| PE Ratio | 30x |
| Earnings | US$126.00m |
| Market Cap | US$3.83b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.2x |
| Enterprise Value/EBITDA | 6.1x |
| PEG Ratio | 1.3x |
Price to Earnings Ratio vs Peers
How does IGT's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 35.6x | ||
RRR Red Rock Resorts | 17.9x | 11.2% | US$5.2b |
BYD Boyd Gaming | 12.7x | 5.6% | US$6.3b |
SRAD Sportradar Group | 84x | 34.3% | US$5.2b |
LNW Light & Wonder | 27.7x | 22.1% | US$8.1b |
IGT International Game Technology | 30x | 22.4% | US$3.8b |
Price-To-Earnings vs Peers: IGT is good value based on its Price-To-Earnings Ratio (30x) compared to the peer average (35.6x).
Price to Earnings Ratio vs Industry
How does IGT's PE Ratio compare vs other companies in the US Hospitality Industry?
Price-To-Earnings vs Industry: IGT is expensive based on its Price-To-Earnings Ratio (30x) compared to the US Hospitality industry average (24.4x).
Price to Earnings Ratio vs Fair Ratio
What is IGT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 30x |
| Fair PE Ratio | 24x |
Price-To-Earnings vs Fair Ratio: IGT is expensive based on its Price-To-Earnings Ratio (30x) compared to the estimated Fair Price-To-Earnings Ratio (24x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | US$18.75 | US$27.14 +44.8% | 16.1% | US$35.00 | US$22.00 | n/a | 7 |
| Nov ’25 | US$20.55 | US$27.64 +34.5% | 14.1% | US$35.00 | US$23.00 | n/a | 7 |
| Oct ’25 | US$20.98 | US$27.64 +31.8% | 14.1% | US$35.00 | US$23.00 | n/a | 7 |
| Sep ’25 | US$22.39 | US$27.64 +23.5% | 14.1% | US$35.00 | US$23.00 | n/a | 7 |
| Aug ’25 | US$22.14 | US$27.93 +26.1% | 16.0% | US$37.00 | US$23.00 | n/a | 7 |
| Jul ’25 | US$19.99 | US$26.33 +31.7% | 12.7% | US$33.00 | US$23.00 | n/a | 6 |
| Jun ’25 | US$19.74 | US$26.33 +33.4% | 12.7% | US$33.00 | US$23.00 | n/a | 6 |
| May ’25 | US$19.90 | US$28.31 +42.3% | 16.9% | US$40.00 | US$26.00 | n/a | 7 |
| Apr ’25 | US$22.00 | US$28.60 +30.0% | 16.5% | US$40.00 | US$26.00 | n/a | 7 |
| Mar ’25 | US$26.64 | US$30.66 +15.1% | 12.9% | US$40.00 | US$27.60 | n/a | 7 |
| Feb ’25 | US$26.43 | US$32.70 +23.7% | 19.7% | US$48.00 | US$27.60 | n/a | 8 |
| Jan ’25 | US$27.41 | US$34.58 +26.1% | 18.2% | US$48.00 | US$27.60 | n/a | 8 |
| Dec ’24 | US$27.60 | US$34.58 +25.3% | 18.2% | US$48.00 | US$27.60 | n/a | 8 |
| Nov ’24 | US$25.73 | US$34.58 +34.4% | 18.2% | US$48.00 | US$27.60 | US$20.55 | 8 |
| Oct ’24 | US$30.32 | US$37.08 +22.3% | 22.7% | US$54.00 | US$27.60 | US$20.98 | 8 |
| Sep ’24 | US$32.16 | US$37.08 +15.3% | 22.7% | US$54.00 | US$27.60 | US$22.39 | 8 |
| Aug ’24 | US$33.09 | US$34.51 +4.3% | 17.4% | US$43.00 | US$27.60 | US$22.14 | 7 |
| Jul ’24 | US$31.89 | US$38.07 +19.4% | 31.9% | US$66.00 | US$27.60 | US$19.99 | 9 |
| Jun ’24 | US$25.10 | US$35.42 +41.1% | 29.8% | US$66.00 | US$27.60 | US$19.74 | 11 |
| May ’24 | US$28.65 | US$34.08 +19.0% | 33.1% | US$66.00 | US$24.90 | US$19.90 | 11 |
| Apr ’24 | US$26.80 | US$33.39 +24.6% | 34.1% | US$66.00 | US$24.90 | US$22.00 | 10 |
| Mar ’24 | US$26.85 | US$33.09 +23.2% | 34.9% | US$66.00 | US$24.90 | US$26.64 | 10 |
| Feb ’24 | US$26.86 | US$31.29 +16.5% | 33.8% | US$62.00 | US$24.90 | US$26.43 | 10 |
| Jan ’24 | US$22.68 | US$30.36 +33.9% | 37.3% | US$62.00 | US$19.00 | US$27.41 | 10 |
| Dec ’23 | US$25.06 | US$30.26 +20.8% | 37.3% | US$62.00 | US$19.00 | US$27.60 | 10 |
| Nov ’23 | US$20.22 | US$29.46 +45.7% | 39.1% | US$62.00 | US$19.00 | US$25.73 | 10 |
Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.