11.72 USD
+0.13 (+1.12%)
11.79 USD
+0.07 (+0.6%)
GOOD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 126 industry peers in the Diversified REITs industry. There are concerns on the financial health of GOOD while its profitability can be described as average. GOOD is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
- GOOD had positive earnings in the past year.
- GOOD had a positive operating cash flow in the past year.
- 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
- Looking at the Return On Assets, with a value of 0.66%, GOOD is in line with its industry, outperforming 50.79% of the companies in the same industry.
- GOOD has a Return On Equity (2.35%) which is in line with its industry peers.
- GOOD has a better Return On Invested Capital (3.64%) than 69.05% of its industry peers.
- 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 3 year average ROIC (3.53%) for GOOD is below the current ROIC(3.64%), indicating increased profibility in the last year.
| 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.
- Looking at the Operating Margin, with a value of 36.74%, GOOD is in the better half of the industry, outperforming 79.37% of the companies in the same industry.
- GOOD's Operating Margin has improved in the last couple of years.
- GOOD has a Gross Margin of 77.68%. This is in the better half of the industry: GOOD outperforms 77.78% 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.
- Compared to 1 year ago, GOOD has more shares outstanding
- 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
- GOOD has an Altman-Z score of -0.07. 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 (-0.07) than 76.98% of its industry peers.
- GOOD has a Debt/Equity ratio of 2.37. This is a high value indicating a heavy dependency on external financing.
- GOOD's Debt to Equity ratio of 2.37 is on the low side compared to the rest of the industry. GOOD is outperformed by 73.02% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.07 |
ROIC/WACC0.54
WACC6.68%
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 68.25% of its industry peers.
- A Quick Ratio of 0.68 indicates that GOOD may have some problems paying its short term obligations.
- Looking at the Quick ratio, with a value of 0.68, GOOD is doing worse than 68.25% of the companies in the same industry.
| 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.
- The Revenue has been growing slightly by 5.48% on average over the past years.
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
- Based on estimates for the next years, GOOD will show a very negative growth in Earnings Per Share. The EPS will decrease by -14.38% on average per year.
- GOOD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.16% yearly.
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
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 65.11 indicates a quite expensive valuation of GOOD.
- The rest of the industry has a similar Price/Earnings ratio as GOOD.
- When comparing the Price/Earnings ratio of GOOD to the average of the S&P500 Index (27.47), we can say GOOD is valued expensively.
- A Price/Forward Earnings ratio of 75.35 indicates a quite expensive valuation of GOOD.
- GOOD's Price/Forward Earnings ratio is in line with the industry average.
- Compared to an average S&P500 Price/Forward Earnings ratio of 24.26, GOOD is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 65.11 | ||
| Fwd PE | 75.35 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOOD indicates a somewhat cheap valuation: GOOD is cheaper than 72.22% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.61 |
4.3 Compensation for Growth
- The decent profitability rating of GOOD may justify a higher PE ratio.
- GOOD's earnings are expected to decrease with -14.38% in the coming years. This may justify a cheaper valuation.
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 10.77%, GOOD is a good candidate for dividend investing.
- GOOD's Dividend Yield is rather good when compared to the industry average which is at 6.86. GOOD pays more dividend than 92.86% of the companies in the same industry.
- GOOD's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.77% |
5.2 History
- The dividend of GOOD decreases each year by -4.40%.
- GOOD has paid a dividend for at least 10 years, which is 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
- 803.10% of the earnings are spent on dividend by GOOD. This is not a sustainable payout ratio.
- The Dividend Rate of GOOD has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP803.1%
EPS Next 2Y-22.65%
EPS Next 3Y-14.38%
11.72
+0.13 (+1.12%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)02-16 2026-02-16/amc
Inst Owners51.06%
Inst Owner Change0.29%
Ins Owners1.17%
Ins Owner Change0.12%
Market Cap603.11M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts80
Price Target12.75 (8.79%)
Short Float %5.27%
Short Ratio4.44
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.77% |
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)0%
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 | 65.11 | ||
| Fwd PE | 75.35 | ||
| P/S | 3.88 | ||
| P/FCF | N/A | ||
| P/OCF | 6.33 | ||
| P/B | 1.7 | ||
| P/tB | 2.59 | ||
| EV/EBITDA | 12.61 |
EPS(TTM)0.18
EY1.54%
EPS(NY)0.16
Fwd EY1.33%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY15.79%
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 | -0.07 |
F-Score3
WACC6.68%
ROIC/WACC0.54
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 65.11 and the Price/Book (PB) ratio is 1.7.
How financially healthy is GLADSTONE COMMERCIAL CORP?
The financial health rating of GLADSTONE COMMERCIAL CORP (GOOD) is 0 / 10.