10.53 USD
+0.09 (+0.86%)
10.51 USD
-0.02 (-0.19%)
We assign a fundamental rating of 3 out of 10 to GOOD. GOOD was compared to 127 industry peers in the Diversified REITs industry. While GOOD is still in line with the averages on profitability rating, there are concerns on its financial health. GOOD has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GOOD had positive earnings in the past year.
In the past year GOOD had a positive cash flow from operations.
In multiple years GOOD reported negative net income over the last 5 years.
Each year in the past 5 years GOOD had a positive operating cash flow.
1.2 Ratios
GOOD's Return On Assets of 0.66% is in line compared to the rest of the industry. GOOD outperforms 49.61% of its industry peers.
Looking at the Return On Equity, with a value of 2.35%, GOOD is in line with its industry, outperforming 50.39% of the companies in the same industry.
With a decent Return On Invested Capital value of 3.64%, GOOD is doing good in the industry, outperforming 68.50% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for GOOD is in line with the industry average of 3.06%.
The last Return On Invested Capital (3.64%) for GOOD is above the 3 year average (3.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 2.35% | ||
| ROIC | 3.64% |
ROA(3y)0.03%
ROA(5y)-0.01%
ROE(3y)0.02%
ROE(5y)-0.07%
ROIC(3y)3.53%
ROIC(5y)3.14%
1.3 Margins
With a Profit Margin value of 5.36%, GOOD perfoms like the industry average, outperforming 52.76% of the companies in the same industry.
GOOD's Operating Margin of 36.74% is fine compared to the rest of the industry. GOOD outperforms 78.74% of its industry peers.
In the last couple of years the Operating Margin of GOOD has grown nicely.
GOOD has a Gross Margin of 77.68%. This is in the better half of the industry: GOOD outperforms 77.17% of its industry peers.
In the last couple of years the Gross Margin of GOOD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.74% | ||
| PM (TTM) | 5.36% | ||
| GM | 77.68% |
OM growth 3Y12.15%
OM growth 5Y2.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.16%
GM growth 5Y-1.4%
2. Health
2.1 Basic Checks
GOOD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for GOOD has been increased compared to 1 year ago.
Compared to 5 years ago, GOOD has more shares outstanding
The debt/assets ratio for GOOD has been reduced compared to a year ago.
2.2 Solvency
GOOD has an Altman-Z score of -0.11. This is a bad value and indicates that GOOD is not financially healthy and even has some risk of bankruptcy.
GOOD has a worse Altman-Z score (-0.11) than 77.17% of its industry peers.
A Debt/Equity ratio of 2.37 is on the high side and indicates that GOOD has dependencies on debt financing.
GOOD has a worse Debt to Equity ratio (2.37) than 73.23% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.11 |
ROIC/WACC0.55
WACC6.6%
2.3 Liquidity
GOOD has a Current Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of GOOD (0.68) is worse than 69.29% of its industry peers.
GOOD has a Quick Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.68, GOOD is not doing good in the industry: 69.29% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
The earnings per share for GOOD have decreased strongly by -10.00% in the last year.
Looking at the last year, GOOD shows a small growth in Revenue. The Revenue has grown by 4.95% in the last year.
Measured over the past years, GOOD shows a small growth in Revenue. The Revenue has been growing by 5.48% on average per year.
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90%
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%
3.2 Future
GOOD is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -14.38% yearly.
Based on estimates for the next years, GOOD will show a small growth in Revenue. The Revenue will grow by 3.16% on average per year.
EPS Next Y-54.23%
EPS Next 2Y-22.65%
EPS Next 3Y-14.38%
EPS Next 5YN/A
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
Revenue Next 5Y3.16%
3.3 Evolution
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
Based on the Price/Earnings ratio of 58.50, the valuation of GOOD can be described as expensive.
GOOD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 26.92. GOOD is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 67.70, GOOD can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as GOOD.
When comparing the Price/Forward Earnings ratio of GOOD to the average of the S&P500 Index (23.46), we can say GOOD is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.5 | ||
| Fwd PE | 67.7 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOOD is valued a bit cheaper than 71.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.13 |
4.3 Compensation for Growth
GOOD has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as GOOD's earnings are expected to decrease with -14.38% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-22.65%
EPS Next 3Y-14.38%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 7.21%, GOOD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.43, GOOD pays a bit more dividend than its industry peers.
GOOD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
5.2 History
The dividend of GOOD decreases each year by -4.40%.
GOOD has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of GOOD decreased recently.
Dividend Growth(5Y)-4.4%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
GOOD pays out 803.10% of its income as dividend. This is not a sustainable payout ratio.
GOOD's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP803.1%
EPS Next 2Y-22.65%
EPS Next 3Y-14.38%
10.53
+0.09 (+0.86%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners51.04%
Inst Owner Change4.91%
Ins Owners1.17%
Ins Owner Change0.12%
Market Cap541.87M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts80
Price Target12.75 (21.08%)
Short Float %5.44%
Short Ratio4.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.21% |
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP803.1%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-70.47%
Min EPS beat(2)-76.23%
Max EPS beat(2)-64.7%
EPS beat(4)2
Avg EPS beat(4)-26.61%
Min EPS beat(4)-76.23%
Max EPS beat(4)20.66%
EPS beat(8)5
Avg EPS beat(8)-19.31%
EPS beat(12)6
Avg EPS beat(12)-80.1%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.36%
Min Revenue beat(2)-0.44%
Max Revenue beat(2)1.15%
Revenue beat(4)1
Avg Revenue beat(4)-1.12%
Min Revenue beat(4)-3.67%
Max Revenue beat(4)1.15%
Revenue beat(8)3
Avg Revenue beat(8)-0.84%
Revenue beat(12)4
Avg Revenue beat(12)-1.91%
Revenue beat(16)5
Avg Revenue beat(16)-1.53%
PT rev (1m)-2.34%
PT rev (3m)-16.11%
EPS NQ rev (1m)-67.99%
EPS NQ rev (3m)-70.37%
EPS NY rev (1m)-49.82%
EPS NY rev (3m)-55.69%
Revenue NQ rev (1m)0.71%
Revenue NQ rev (3m)2.3%
Revenue NY rev (1m)0.77%
Revenue NY rev (3m)1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 58.5 | ||
| Fwd PE | 67.7 | ||
| P/S | 3.49 | ||
| P/FCF | N/A | ||
| P/OCF | 5.69 | ||
| P/B | 1.53 | ||
| P/tB | 2.33 | ||
| EV/EBITDA | 12.13 |
EPS(TTM)0.18
EY1.71%
EPS(NY)0.16
Fwd EY1.48%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY17.57%
SpS3.02
BVpS6.9
TBVpS4.52
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.66% | ||
| ROE | 2.35% | ||
| ROCE | 4.61% | ||
| ROIC | 3.64% | ||
| ROICexc | 3.7% | ||
| ROICexgc | 4.15% | ||
| OM | 36.74% | ||
| PM (TTM) | 5.36% | ||
| GM | 77.68% | ||
| FCFM | N/A |
ROA(3y)0.03%
ROA(5y)-0.01%
ROE(3y)0.02%
ROE(5y)-0.07%
ROIC(3y)3.53%
ROIC(5y)3.14%
ROICexc(3y)3.56%
ROICexc(5y)3.17%
ROICexgc(3y)4%
ROICexgc(5y)3.56%
ROCE(3y)4.46%
ROCE(5y)3.98%
ROICexgc growth 3Y17.8%
ROICexgc growth 5Y7.28%
ROICexc growth 3Y17.97%
ROICexc growth 5Y7.68%
OM growth 3Y12.15%
OM growth 5Y2.58%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.16%
GM growth 5Y-1.4%
F-Score3
Asset Turnover0.12
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.37 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 7.44 | ||
| Cap/Depr | 418.99% | ||
| Cap/Sales | 150.82% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.32% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 | ||
| Altman-Z | -0.11 |
F-Score3
WACC6.6%
ROIC/WACC0.55
Cap/Depr(3y)109.89%
Cap/Depr(5y)149.38%
Cap/Sales(3y)44.05%
Cap/Sales(5y)61.91%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90%
EPS Next Y-54.23%
EPS Next 2Y-22.65%
EPS Next 3Y-14.38%
EPS Next 5YN/A
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
Revenue Next 5Y3.16%
EBIT growth 1Y8.21%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year144.01%
EBIT Next 3Y41.39%
EBIT Next 5YN/A
FCF growth 1Y-999.78%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y56.68%
OCF growth 3Y-6.7%
OCF growth 5Y-1.1%
GLADSTONE COMMERCIAL CORP / GOOD FAQ
What is the ChartMill fundamental rating of GLADSTONE COMMERCIAL CORP (GOOD) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GOOD.
What is the valuation status for GOOD stock?
ChartMill assigns a valuation rating of 2 / 10 to GLADSTONE COMMERCIAL CORP (GOOD). This can be considered as Overvalued.
How profitable is GLADSTONE COMMERCIAL CORP (GOOD) stock?
GLADSTONE COMMERCIAL CORP (GOOD) has a profitability rating of 6 / 10.
How financially healthy is GLADSTONE COMMERCIAL CORP?
The financial health rating of GLADSTONE COMMERCIAL CORP (GOOD) is 0 / 10.
What is the earnings growth outlook for GLADSTONE COMMERCIAL CORP?
The Earnings per Share (EPS) of GLADSTONE COMMERCIAL CORP (GOOD) is expected to decline by -54.23% in the next year.