10.95 USD
+0.08 (+0.74%)
10.95 USD
0 (0%)
GOOD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 127 industry peers in the Diversified REITs industry. GOOD has a medium profitability rating, but doesn't score so well on its financial health evaluation. GOOD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year GOOD was profitable.
In the past year GOOD had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GOOD reported negative net income in multiple years.
In the past 5 years GOOD always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of GOOD (0.66%) is comparable to the rest of the industry.
GOOD's Return On Equity of 2.35% is in line compared to the rest of the industry. GOOD outperforms 51.18% of its industry peers.
GOOD has a better Return On Invested Capital (3.64%) than 68.50% of its industry peers.
The Average Return On Invested Capital over the past 3 years 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
The Profit Margin of GOOD (5.36%) is comparable to the rest of the industry.
GOOD has a Operating Margin of 36.74%. This is in the better half 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.
The Gross Margin of GOOD (77.68%) is better than 77.17% of its industry peers.
GOOD's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GOOD is destroying value.
GOOD has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GOOD has been increased compared to 5 years ago.
Compared to 1 year ago, GOOD has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -0.10, we must say that GOOD is in the distress zone and has some risk of bankruptcy.
GOOD's Altman-Z score of -0.10 is on the low side compared to the rest of the industry. GOOD is outperformed by 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 | -0.1 |
ROIC/WACC0.55
WACC6.57%
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.
GOOD has a worse Current ratio (0.68) than 68.50% 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.
GOOD has a worse Quick ratio (0.68) than 68.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
GOOD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.00%.
Looking at the last year, GOOD shows a small growth in Revenue. The Revenue has grown by 4.95% in the last year.
GOOD shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.48% yearly.
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
The Earnings Per Share is expected to decrease by -14.38% on average over the next years. This is quite bad
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
A Price/Earnings ratio of 60.83 indicates a quite expensive valuation of GOOD.
The rest of the industry has a similar Price/Earnings ratio as GOOD.
GOOD is valuated expensively when we compare the Price/Earnings ratio to 27.17, which is the current average of the S&P500 Index.
GOOD is valuated quite expensively with a Price/Forward Earnings ratio of 70.40.
GOOD's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.79. GOOD is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.83 | ||
| Fwd PE | 70.4 |
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 | 12.28 |
4.3 Compensation for Growth
The decent profitability rating of GOOD 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
GOOD has a Yearly Dividend Yield of 11.25%, which is a nice return.
Compared to an average industry Dividend Yield of 6.83, GOOD pays a better dividend. On top of this GOOD pays more dividend than 93.70% of the companies listed in the same industry.
GOOD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.25% |
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.
GOOD has decreased its dividend 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%
10.95
+0.08 (+0.74%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners51.06%
Inst Owner Change0%
Ins Owners1.17%
Ins Owner Change0.12%
Market Cap563.49M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts80
Price Target12.75 (16.44%)
Short Float %5.27%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.25% |
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP803.1%
Div Incr Years0
Div Non Decr Years1
Ex-DateN/A
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)0%
EPS NQ rev (3m)-70.37%
EPS NY rev (1m)-46.36%
EPS NY rev (3m)-55.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.3%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 60.83 | ||
| Fwd PE | 70.4 | ||
| P/S | 3.63 | ||
| P/FCF | N/A | ||
| P/OCF | 5.92 | ||
| P/B | 1.59 | ||
| P/tB | 2.42 | ||
| EV/EBITDA | 12.28 |
EPS(TTM)0.18
EY1.64%
EPS(NY)0.16
Fwd EY1.42%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY16.9%
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 | -0.1 |
F-Score3
WACC6.57%
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 fundamental rating for GOOD stock?
ChartMill assigns a fundamental rating of 3 / 10 to GOOD.
What is the valuation status of GLADSTONE COMMERCIAL CORP (GOOD) stock?
ChartMill assigns a valuation rating of 2 / 10 to GLADSTONE COMMERCIAL CORP (GOOD). This can be considered as Overvalued.
What is the profitability of GOOD stock?
GLADSTONE COMMERCIAL CORP (GOOD) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for GOOD stock?
The Price/Earnings (PE) ratio for GLADSTONE COMMERCIAL CORP (GOOD) is 60.83 and the Price/Book (PB) ratio is 1.59.
How financially healthy is GLADSTONE COMMERCIAL CORP?
The financial health rating of GLADSTONE COMMERCIAL CORP (GOOD) is 0 / 10.