10.72 USD
-0.09 (-0.83%)
10.87 USD
+0.15 (+1.4%)
GOOD gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 128 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 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
With a Return On Assets value of 0.66%, GOOD perfoms like the industry average, outperforming 53.13% of the companies in the same industry.
Looking at the Return On Equity, with a value of 2.35%, GOOD is in line with its industry, outperforming 53.91% of the companies in the same industry.
GOOD has a better Return On Invested Capital (3.64%) than 68.75% 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.
GOOD has a Operating Margin of 36.74%. This is in the better half of the industry: GOOD outperforms 78.91% of its industry peers.
GOOD's Operating Margin has improved in the last couple of years.
GOOD's Gross Margin of 77.68% is fine compared to the rest of the industry. GOOD outperforms 77.34% 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
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.
The number of shares outstanding for GOOD has been increased compared to 5 years ago.
GOOD has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of -0.12, we must say that GOOD is in the distress zone and has some risk of bankruptcy.
GOOD has a worse Altman-Z score (-0.12) than 76.56% 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 Debt to Equity ratio of 2.37. This is in the lower half of the industry: GOOD underperforms 74.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.12 |
ROIC/WACC0.56
WACC6.51%
2.3 Liquidity
A Current Ratio of 0.68 indicates that GOOD may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.68, GOOD is doing worse than 70.31% of the companies in the same industry.
A Quick Ratio of 0.68 indicates that GOOD may have some problems paying its short term obligations.
The Quick ratio of GOOD (0.68) is worse than 70.31% of its industry peers.
| 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
The Earnings Per Share is expected to grow by 7.88% on average over the next years.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y-8.79%
EPS Next 2Y-5.01%
EPS Next 3Y7.88%
EPS Next 5YN/A
Revenue Next Year5.21%
Revenue Next 2Y5.17%
Revenue Next 3Y3.34%
Revenue Next 5Y2.82%
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
With a Price/Earnings ratio of 59.56, GOOD can be considered very expensive at the moment.
GOOD's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 25.65. GOOD is valued rather expensively when compared to this.
The Price/Forward Earnings ratio is 45.69, which means the current valuation is very expensive for GOOD.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GOOD indicates a somewhat cheap valuation: GOOD is cheaper than 60.94% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of GOOD to the average of the S&P500 Index (34.45), we can say GOOD is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.56 | ||
| Fwd PE | 45.69 |
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 72.66% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.04 |
4.3 Compensation for Growth
GOOD has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-5.01%
EPS Next 3Y7.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.35%, GOOD is a good candidate for dividend investing.
The stock price of GOOD dropped by -20.30% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 6.59, GOOD pays a better dividend. On top of this GOOD pays more dividend than 94.53% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, GOOD pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.35% |
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.
DP803.1%
EPS Next 2Y-5.01%
EPS Next 3Y7.88%
10.72
-0.09 (-0.83%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners50.5%
Inst Owner Change4.91%
Ins Owners1.2%
Ins Owner Change0.12%
Market Cap531.93M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts78.18
Price Target13.06 (21.83%)
Short Float %5.17%
Short Ratio4.38
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.35% |
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)-14.09%
PT rev (3m)-14.09%
EPS NQ rev (1m)0%
EPS NQ rev (3m)80%
EPS NY rev (1m)-11.71%
EPS NY rev (3m)12.5%
Revenue NQ rev (1m)1.58%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.56 | ||
| Fwd PE | 45.69 | ||
| P/S | 3.43 | ||
| P/FCF | N/A | ||
| P/OCF | 5.59 | ||
| P/B | 1.5 | ||
| P/tB | 2.29 | ||
| EV/EBITDA | 12.04 |
EPS(TTM)0.18
EY1.68%
EPS(NY)0.23
Fwd EY2.19%
FCF(TTM)-2.8
FCFYN/A
OCF(TTM)1.92
OCFY17.9%
SpS3.13
BVpS7.15
TBVpS4.69
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.38
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 | -0.12 |
F-Score3
WACC6.51%
ROIC/WACC0.56
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-8.79%
EPS Next 2Y-5.01%
EPS Next 3Y7.88%
EPS Next 5YN/A
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%
Revenue Next Year5.21%
Revenue Next 2Y5.17%
Revenue Next 3Y3.34%
Revenue Next 5Y2.82%
EBIT growth 1Y8.21%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year142.11%
EBIT Next 3YN/A
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 -8.79% in the next year.