GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) Stock Fundamental Analysis
NASDAQ:GOODN - Nasdaq - US3765367020 - Currency: USD
Taking everything into account, GOODN scores 4 out of 10 in our fundamental rating. GOODN was compared to 130 industry peers in the Diversified REITs industry. GOODN has a medium profitability rating, but doesn't score so well on its financial health evaluation. GOODN is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
GOODN had positive earnings in the past year.
GOODN had a positive operating cash flow in the past year.
In multiple years GOODN reported negative net income over the last 5 years.
In the past 5 years GOODN always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.02%, GOODN is in line with its industry, outperforming 56.92% of the companies in the same industry.
The Return On Equity of GOODN (3.26%) is better than 60.77% of its industry peers.
GOODN has a better Return On Invested Capital (4.00%) than 74.62% of its industry peers.
GOODN had an Average Return On Invested Capital over the past 3 years of 3.53%. This is in line with the industry average of 3.19%.
The last Return On Invested Capital (4.00%) for GOODN is above the 3 year average (3.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.02% | ||
| ROE | 3.26% | ||
| ROIC | 4% |
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 GOODN (7.45%) is comparable to the rest of the industry.
Looking at the Operating Margin, with a value of 35.75%, GOODN is in the better half of the industry, outperforming 76.92% of the companies in the same industry.
In the last couple of years the Operating Margin of GOODN has grown nicely.
GOODN has a better Gross Margin (79.16%) than 77.69% of its industry peers.
GOODN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.75% | ||
| PM (TTM) | 7.45% | ||
| GM | 79.16% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GOODN is destroying value.
Compared to 1 year ago, GOODN has more shares outstanding
GOODN has more shares outstanding than it did 5 years ago.
GOODN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.35, we must say that GOODN is in the distress zone and has some risk of bankruptcy.
GOODN has a Altman-Z score (0.35) which is comparable to the rest of the industry.
The Debt to FCF ratio of GOODN is 41.28, which is on the high side as it means it would take GOODN, 41.28 years of fcf income to pay off all of its debts.
GOODN has a Debt to FCF ratio (41.28) which is in line with its industry peers.
GOODN has a Debt/Equity ratio of 1.97. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.97, GOODN is doing worse than 73.08% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 41.28 | ||
| Altman-Z | 0.35 |
ROIC/WACC0.56
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.85 indicates that GOODN may have some problems paying its short term obligations.
With a Current ratio value of 0.85, GOODN perfoms like the industry average, outperforming 46.92% of the companies in the same industry.
A Quick Ratio of 0.74 indicates that GOODN may have some problems paying its short term obligations.
With a Quick ratio value of 0.74, GOODN is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.74 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 218.18% over the past year.
GOODN shows a small growth in Revenue. In the last year, the Revenue has grown by 1.23%.
Measured over the past years, GOODN shows a small growth in Revenue. The Revenue has been growing by 5.48% on average per year.
EPS 1Y (TTM)218.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
Revenue 1Y (TTM)1.23%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.08%
3.2 Future
GOODN is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.17% yearly.
GOODN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.82% yearly.
EPS Next Y-30.37%
EPS Next 2Y-6.57%
EPS Next 3Y17.17%
EPS Next 5YN/A
Revenue Next Year0.97%
Revenue Next 2Y1.78%
Revenue Next 3Y1.67%
Revenue Next 5Y2.82%
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
GOODN is valuated quite expensively with a Price/Earnings ratio of 84.23.
GOODN's Price/Earnings ratio is in line with the industry average.
GOODN is valuated expensively when we compare the Price/Earnings ratio to 27.63, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 120.96 indicates a quite expensive valuation of GOODN.
The rest of the industry has a similar Price/Forward Earnings ratio as GOODN.
GOODN is valuated expensively when we compare the Price/Forward Earnings ratio to 20.85, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84.23 | ||
| Fwd PE | 120.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOODN is valued a bit more expensive than 64.62% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as GOODN.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 63.64 | ||
| EV/EBITDA | 16.14 |
4.3 Compensation for Growth
The decent profitability rating of GOODN may justify a higher PE ratio.
GOODN's earnings are expected to grow with 17.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-6.57%
EPS Next 3Y17.17%
5. Dividend
5.1 Amount
GOODN has a Yearly Dividend Yield of 8.47%, which is a nice return.
GOODN's Dividend Yield is a higher than the industry average which is at 16.87.
Compared to an average S&P500 Dividend Yield of 2.51, GOODN pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.47% |
5.2 History
The dividend of GOODN decreases each year by -4.40%.
GOODN has been paying a dividend for over 5 years, so it has already some track record.
GOODN has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)-4.4%
Div Incr Years0
Div Non Decr Years5
5.3 Sustainability
GOODN pays out 564.23% of its income as dividend. This is not a sustainable payout ratio.
DP564.23%
EPS Next 2Y-6.57%
EPS Next 3Y17.17%
GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP
NASDAQ:GOODN (4/21/2025, 8:18:20 PM)
After market: 21.92 +0.02 (+0.09%)21.9
-0.21 (-0.96%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners47.99%
Inst Owner ChangeN/A
Ins Owners1.27%
Ins Owner Change0%
Market Cap1.07B
Analysts78.18
Price Target26.2 (19.63%)
Short Float %0%
Short Ratio0.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.47% |
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP564.23%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)263.32%
Min EPS beat(2)13.85%
Max EPS beat(2)512.8%
EPS beat(4)3
Avg EPS beat(4)-27.67%
Min EPS beat(4)-884.31%
Max EPS beat(4)512.8%
EPS beat(8)5
Avg EPS beat(8)-90.03%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.23%
Min Revenue beat(2)-3.67%
Max Revenue beat(2)4.13%
Revenue beat(4)2
Avg Revenue beat(4)-0.39%
Min Revenue beat(4)-3.67%
Max Revenue beat(4)4.13%
Revenue beat(8)3
Avg Revenue beat(8)-1.97%
Revenue beat(12)4
Avg Revenue beat(12)-1.76%
Revenue beat(16)5
Avg Revenue beat(16)-1.89%
PT rev (1m)7.08%
PT rev (3m)8.69%
EPS NQ rev (1m)8.33%
EPS NQ rev (3m)-38.1%
EPS NY rev (1m)-33.64%
EPS NY rev (3m)-33.64%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.78%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84.23 | ||
| Fwd PE | 120.96 | ||
| P/S | 7.16 | ||
| P/FCF | 63.64 | ||
| P/OCF | 18.77 | ||
| P/B | 3.13 | ||
| P/tB | 4.38 | ||
| EV/EBITDA | 16.14 |
EPS(TTM)0.26
EY1.19%
EPS(NY)0.18
Fwd EY0.83%
FCF(TTM)0.34
FCFY1.57%
OCF(TTM)1.17
OCFY5.33%
SpS3.06
BVpS6.99
TBVpS5
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.02% | ||
| ROE | 3.26% | ||
| ROCE | 5.06% | ||
| ROIC | 4% | ||
| ROICexc | 4.04% | ||
| ROICexgc | 4.53% | ||
| OM | 35.75% | ||
| PM (TTM) | 7.45% | ||
| GM | 79.16% | ||
| FCFM | 11.25% |
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%
ROICexcg growth 3Y17.8%
ROICexcg 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-Score7
Asset Turnover0.14
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.97 | ||
| Debt/FCF | 41.28 | ||
| Debt/EBITDA | 6.17 | ||
| Cap/Depr | 71.98% | ||
| Cap/Sales | 26.88% | ||
| Interest Coverage | 1.5 | ||
| Cash Conversion | 52.16% | ||
| Profit Quality | 150.96% | ||
| Current Ratio | 0.85 | ||
| Quick Ratio | 0.74 | ||
| Altman-Z | 0.35 |
F-Score7
WACC7.13%
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)218.18%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%200%
EPS Next Y-30.37%
EPS Next 2Y-6.57%
EPS Next 3Y17.17%
EPS Next 5YN/A
Revenue 1Y (TTM)1.23%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.08%
Revenue Next Year0.97%
Revenue Next 2Y1.78%
Revenue Next 3Y1.67%
Revenue Next 5Y2.82%
EBIT growth 1Y5.19%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year133.32%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-29.04%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.66%
OCF growth 3Y-6.7%
OCF growth 5Y-1.1%