International Game Technology Stock Current Valuation
IGT Stock | USD 22.59 0.43 1.94% |
Valuation analysis of International Game helps investors to measure International Game's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Multiple is likely to gain to 9.59 in 2024. Fundamental drivers impacting International Game's valuation include:
Price Book 2.9662 | Enterprise Value 9.6 B | Enterprise Value Ebitda 6.5839 | Price Sales 0.9931 | Forward PE 12.3916 |
Fairly Valued
Today
Please note that International Game's price fluctuation is not too volatile at this time. Calculation of the real value of International Game is based on 3 months time horizon. Increasing International Game's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for International Game Technology is useful when determining the fair value of the International stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of International Game. Since International Game is currently traded on the exchange, buyers and sellers on that exchange determine the market value of International Stock. However, International Game's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 22.59 | Real 23.11 | Target 36.73 | Hype 22.59 | Naive 23.08 |
The real value of International Stock, also known as its intrinsic value, is the underlying worth of International Game Company, which is reflected in its stock price. It is based on International Game's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of International Game's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence International Game's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of International Game Technology helps investors to forecast how International stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of International Game more accurately as focusing exclusively on International Game's fundamentals will not take into account other important factors: International Current Valuation Analysis
International Game's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
More About Current Valuation | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Other Non Cash Items | 11M | 103M | 296M | 291.0M | Depreciation | 742M | 732M | 523M | 578.2M |
Enterprise Value | = | Market Cap + Debt | - | Cash |
Current International Game Current Valuation | 9.63 B |
Most of International Game's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, International Game Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
International Current Valuation Driver Correlations
Understanding the fundamental principles of building solid financial models for International Game is extremely important. It helps to project a fair market value of International Stock properly, considering its historical fundamentals such as Current Valuation. Since International Game's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of International Game's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of International Game's interrelated accounts and indicators.
Click cells to compare fundamentals
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Competition |
In accordance with the recently published financial statements, International Game Technology has a Current Valuation of 9.63 B. This is 46.78% lower than that of the Hotels, Restaurants & Leisure sector and significantly higher than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 42.06% higher than that of the company.
International Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses International Game's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of International Game could also be used in its relative valuation, which is a method of valuing International Game by comparing valuation metrics of similar companies.International Game is currently under evaluation in current valuation category among related companies.
International Fundamentals
Return On Equity | 0.16 | ||||
Return On Asset | 0.0622 | ||||
Profit Margin | 0.04 % | ||||
Operating Margin | 0.26 % | ||||
Current Valuation | 9.63 B | ||||
Shares Outstanding | 200.48 M | ||||
Shares Owned By Insiders | 43.79 % | ||||
Shares Owned By Institutions | 51.18 % | ||||
Number Of Shares Shorted | 2.77 M | ||||
Price To Earning | 13.95 X | ||||
Price To Book | 2.97 X | ||||
Price To Sales | 0.99 X | ||||
Revenue | 4.31 B | ||||
Gross Profit | 2 B | ||||
EBITDA | 1.58 B | ||||
Net Income | 307 M | ||||
Cash And Equivalents | 590 M | ||||
Cash Per Share | 2.00 X | ||||
Total Debt | 5.92 B | ||||
Debt To Equity | 2.77 % | ||||
Current Ratio | 1.16 X | ||||
Book Value Per Share | 7.20 X | ||||
Cash Flow From Operations | 1.04 B | ||||
Short Ratio | 3.68 X | ||||
Earnings Per Share | 0.77 X | ||||
Price To Earnings To Growth | 0.39 X | ||||
Target Price | 28.83 | ||||
Number Of Employees | 10.96 K | ||||
Beta | 1.97 | ||||
Market Capitalization | 4.28 B | ||||
Total Asset | 10.46 B | ||||
Retained Earnings | (1.01 B) | ||||
Working Capital | 430 M | ||||
Current Asset | 2.49 B | ||||
Current Liabilities | 2.01 B | ||||
Z Score | 1.26 | ||||
Annual Yield | 0.04 % | ||||
Five Year Return | 4.51 % | ||||
Net Asset | 10.46 B | ||||
Last Dividend Paid | 0.8 |
About International Game Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze International Game Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of International Game using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of International Game Technology based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.International Game Technology PLC operates and provides gaming technology products and services in North America, Europe, the Middle East, Africa, Asia-Pacific, Latin America, and the Caribbean. International Game Technology PLC is a subsidiary of De Agostini S.p.A. International Game operates under Gambling classification in the United States and is traded on New York Stock Exchange. It employs 10393 people.
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Try AI Portfolio ArchitectCheck out International Game Piotroski F Score and International Game Altman Z Score analysis. Note that the International Game information on this page should be used as a complementary analysis to other International Game's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for International Stock analysis
When running International Game's price analysis, check to measure International Game's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy International Game is operating at the current time. Most of International Game's value examination focuses on studying past and present price action to predict the probability of International Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move International Game's price. Additionally, you may evaluate how the addition of International Game to your portfolios can decrease your overall portfolio volatility.
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Is International Game's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of International Game. If investors know International will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about International Game listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 0.8 | Earnings Share 0.77 | Revenue Per Share 21.55 | Quarterly Revenue Growth 0.034 |
The market value of International Game is measured differently than its book value, which is the value of International that is recorded on the company's balance sheet. Investors also form their own opinion of International Game's value that differs from its market value or its book value, called intrinsic value, which is International Game's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because International Game's market value can be influenced by many factors that don't directly affect International Game's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between International Game's value and its price as these two are different measures arrived at by different means. Investors typically determine if International Game is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, International Game's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.