GLADSTONE CAPITAL CORP (GLAD) Stock Fundamental Analysis
NASDAQ:GLAD - Nasdaq - US3765358789 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to GLAD. GLAD was compared to 223 industry peers in the Capital Markets industry. GLAD has a medium profitability rating, but doesn't score so well on its financial health evaluation. GLAD is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
GLAD had positive earnings in the past year.
In the past year GLAD had a positive cash flow from operations.
GLAD had positive earnings in 4 of the past 5 years.
In the past 5 years GLAD reported 4 times negative operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 11.63%, GLAD belongs to the best of the industry, outperforming 90.83% of the companies in the same industry.
GLAD has a Return On Equity of 19.74%. This is amongst the best in the industry. GLAD outperforms 85.78% of its industry peers.
GLAD's Return On Invested Capital of 4.53% is in line compared to the rest of the industry. GLAD outperforms 55.05% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GLAD is below the industry average of 6.74%.
The last Return On Invested Capital (4.53%) for GLAD is above the 3 year average (4.32%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.63% | ||
| ROE | 19.74% | ||
| ROIC | 4.53% |
ROA(3y)6.86%
ROA(5y)7.01%
ROE(3y)12.16%
ROE(5y)12.43%
ROIC(3y)4.32%
ROIC(5y)4.2%
1.3 Margins
GLAD has a Profit Margin of 97.81%. This is amongst the best in the industry. GLAD outperforms 98.17% of its industry peers.
In the last couple of years the Profit Margin of GLAD has grown nicely.
GLAD has a Operating Margin of 47.67%. This is amongst the best in the industry. GLAD outperforms 81.65% of its industry peers.
In the last couple of years the Operating Margin of GLAD has declined.
GLAD has a Gross Margin of 37.51%. This is in the lower half of the industry: GLAD underperforms 69.27% of its industry peers.
GLAD's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.67% | ||
| PM (TTM) | 97.81% | ||
| GM | 37.51% |
OM growth 3Y-0.61%
OM growth 5Y-2.94%
PM growth 3Y-14.54%
PM growth 5Y19.76%
GM growth 3Y2.59%
GM growth 5Y-1.67%
2. Health
2.1 Basic Checks
The number of shares outstanding for GLAD has been increased compared to 1 year ago.
Compared to 5 years ago, GLAD has more shares outstanding
GLAD has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.39, we must say that GLAD is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.39, GLAD is in the better half of the industry, outperforming 61.93% of the companies in the same industry.
GLAD has a debt to FCF ratio of 100.19. This is a negative value and a sign of low solvency as GLAD would need 100.19 years to pay back of all of its debts.
The Debt to FCF ratio of GLAD (100.19) is worse than 63.76% of its industry peers.
A Debt/Equity ratio of 0.68 indicates that GLAD is somewhat dependend on debt financing.
GLAD's Debt to Equity ratio of 0.68 is fine compared to the rest of the industry. GLAD outperforms 65.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 100.19 | ||
| Altman-Z | 1.39 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.27 indicates that GLAD should not have too much problems paying its short term obligations.
GLAD has a Current ratio of 1.27. This is comparable to the rest of the industry: GLAD outperforms 55.50% of its industry peers.
A Quick Ratio of 1.27 indicates that GLAD should not have too much problems paying its short term obligations.
GLAD's Quick ratio of 1.27 is in line compared to the rest of the industry. GLAD outperforms 55.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
The earnings per share for GLAD have decreased by -4.09% in the last year.
GLAD shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.66% yearly.
The Revenue has grown by 11.79% in the past year. This is quite good.
Measured over the past years, GLAD shows a quite strong growth in Revenue. The Revenue has been growing by 14.07% on average per year.
EPS 1Y (TTM)-4.09%
EPS 3Y9.66%
EPS 5Y4.66%
EPS Q2Q%-10.71%
Revenue 1Y (TTM)11.79%
Revenue growth 3Y21.56%
Revenue growth 5Y14.07%
Sales Q2Q%-8.33%
3.2 Future
The Earnings Per Share is expected to decrease by -1.30% on average over the next years.
The Revenue is expected to grow by 7.93% on average over the next years.
EPS Next Y-0.59%
EPS Next 2Y-1.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.07%
Revenue Next 2Y7.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
GLAD is valuated correctly with a Price/Earnings ratio of 13.80.
GLAD's Price/Earnings is on the same level as the industry average.
GLAD is valuated cheaply when we compare the Price/Earnings ratio to 28.47, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 13.88, the valuation of GLAD can be described as correct.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GLAD is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 92.74, GLAD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 13.88 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, GLAD is valued a bit more expensive than 65.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 200.61 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of GLAD may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.96
EPS Next 2Y-1.3%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.72%, GLAD is a good candidate for dividend investing.
GLAD's Dividend Yield is comparable with the industry average which is at 9.39.
GLAD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
5.2 History
The dividend of GLAD has a limited annual growth rate of 3.26%.
GLAD has been paying a dividend for at least 10 years, so it has a reliable track record.
GLAD has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)3.26%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
45.65% of the earnings are spent on dividend by GLAD. This is a bit on the high side, but may be sustainable.
DP45.65%
EPS Next 2Y-1.3%
EPS Next 3YN/A
GLADSTONE CAPITAL CORP
NASDAQ:GLAD (2/5/2025, 12:34:00 PM)
29.1077
-0.16 (-0.55%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners9.88%
Inst Owner Change-24.68%
Ins Owners2.81%
Ins Owner Change-1.23%
Market Cap649.97M
Analysts75
Price Target25.63 (-11.95%)
Short Float %2.28%
Short Ratio3.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.72% |
Yearly Dividend1.96
Dividend Growth(5Y)3.26%
DP45.65%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.31%
Min EPS beat(2)-7.51%
Max EPS beat(2)4.88%
EPS beat(4)1
Avg EPS beat(4)-4.92%
Min EPS beat(4)-11.71%
Max EPS beat(4)4.88%
EPS beat(8)3
Avg EPS beat(8)-1.58%
EPS beat(12)6
Avg EPS beat(12)3.92%
EPS beat(16)7
Avg EPS beat(16)2.71%
Revenue beat(2)1
Avg Revenue beat(2)-0.47%
Min Revenue beat(2)-2.8%
Max Revenue beat(2)1.87%
Revenue beat(4)1
Avg Revenue beat(4)-1.54%
Min Revenue beat(4)-2.8%
Max Revenue beat(4)1.87%
Revenue beat(8)5
Avg Revenue beat(8)1.85%
Revenue beat(12)7
Avg Revenue beat(12)2.32%
Revenue beat(16)9
Avg Revenue beat(16)2.03%
PT rev (1m)3.08%
PT rev (3m)5.42%
EPS NQ rev (1m)5.72%
EPS NQ rev (3m)6.2%
EPS NY rev (1m)0%
EPS NY rev (3m)-3.48%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 13.8 | ||
| Fwd PE | 13.88 | ||
| P/S | 6.73 | ||
| P/FCF | 200.61 | ||
| P/OCF | 200.61 | ||
| P/B | 1.36 | ||
| P/tB | 1.36 | ||
| EV/EBITDA | N/A |
EPS(TTM)2.11
EY7.25%
EPS(NY)2.1
Fwd EY7.21%
FCF(TTM)0.15
FCFY0.5%
OCF(TTM)0.15
OCFY0.5%
SpS4.33
BVpS21.44
TBVpS21.44
PEG (NY)N/A
PEG (5Y)2.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.63% | ||
| ROE | 19.74% | ||
| ROCE | 5.73% | ||
| ROIC | 4.53% | ||
| ROICexc | 4.54% | ||
| ROICexgc | 4.56% | ||
| OM | 47.67% | ||
| PM (TTM) | 97.81% | ||
| GM | 37.51% | ||
| FCFM | 3.35% |
ROA(3y)6.86%
ROA(5y)7.01%
ROE(3y)12.16%
ROE(5y)12.43%
ROIC(3y)4.32%
ROIC(5y)4.2%
ROICexc(3y)4.34%
ROICexc(5y)4.21%
ROICexgc(3y)4.35%
ROICexgc(5y)4.23%
ROCE(3y)5.47%
ROCE(5y)5.32%
ROICexcg growth 3Y7.33%
ROICexcg growth 5Y-3.27%
ROICexc growth 3Y7.25%
ROICexc growth 5Y-3.32%
OM growth 3Y-0.61%
OM growth 5Y-2.94%
PM growth 3Y-14.54%
PM growth 5Y19.76%
GM growth 3Y2.59%
GM growth 5Y-1.67%
F-Score6
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 100.19 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 2.12 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 3.43% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 1.39 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-4.09%
EPS 3Y9.66%
EPS 5Y4.66%
EPS Q2Q%-10.71%
EPS Next Y-0.59%
EPS Next 2Y-1.3%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)11.79%
Revenue growth 3Y21.56%
Revenue growth 5Y14.07%
Sales Q2Q%-8.33%
Revenue Next Year2.07%
Revenue Next 2Y7.93%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y12.28%
EBIT growth 3Y20.81%
EBIT growth 5Y10.72%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y129.83%
FCF growth 3YN/A
FCF growth 5Y-18.93%
OCF growth 1Y129.83%
OCF growth 3YN/A
OCF growth 5Y-18.93%