9.1 USD
-0.07 (-0.76%)
9.1 USD
0 (0%)
Overall LAND gets a fundamental rating of 2 out of 10. We evaluated LAND against 30 industry peers in the Specialized REITs industry. LAND may be in some trouble as it scores bad on both profitability and health. LAND has a expensive valuation and it also scores bad on growth. Finally LAND also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year LAND has reported negative net income.
In the past year LAND had a positive cash flow from operations.
In the past 5 years LAND always reported negative net income.
Each year in the past 5 years LAND had a positive operating cash flow.
1.2 Ratios
LAND has a worse Return On Assets (-1.15%) than 73.33% of its industry peers.
LAND's Return On Equity of -2.14% is on the low side compared to the rest of the industry. LAND is outperformed by 63.33% of its industry peers.
LAND's Return On Invested Capital of 1.01% is on the low side compared to the rest of the industry. LAND is outperformed by 76.67% of its industry peers.
LAND had an Average Return On Invested Capital over the past 3 years of 1.93%. This is below the industry average of 4.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.14% | ||
| ROIC | 1.01% |
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
1.3 Margins
LAND has a Operating Margin of 22.88%. This is comparable to the rest of the industry: LAND outperforms 43.33% of its industry peers.
In the last couple of years the Operating Margin of LAND has declined.
LAND has a Gross Margin of 79.97%. This is amongst the best in the industry. LAND outperforms 83.33% of its industry peers.
In the last couple of years the Gross Margin of LAND has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.88% | ||
| PM (TTM) | N/A | ||
| GM | 79.97% |
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
LAND 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 LAND has been increased compared to 1 year ago.
LAND has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, LAND has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.22, we must say that LAND is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of LAND (0.22) is worse than 83.33% of its industry peers.
LAND has a debt to FCF ratio of 819.08. This is a negative value and a sign of low solvency as LAND would need 819.08 years to pay back of all of its debts.
LAND has a worse Debt to FCF ratio (819.08) than 63.33% of its industry peers.
LAND has a Debt/Equity ratio of 0.82. This is a neutral value indicating LAND is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.82, LAND is doing good in the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 819.08 | ||
| Altman-Z | 0.22 |
ROIC/WACC0.15
WACC6.66%
2.3 Liquidity
A Current Ratio of 0.89 indicates that LAND may have some problems paying its short term obligations.
LAND has a better Current ratio (0.89) than 66.67% of its industry peers.
LAND has a Quick Ratio of 0.89. This is a bad value and indicates that LAND is not financially healthy enough and could expect problems in meeting its short term obligations.
LAND has a better Quick ratio (0.89) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
LAND shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -51.37%.
The Revenue for LAND has decreased by -23.25% in the past year. This is quite bad
LAND shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.93% yearly.
EPS 1Y (TTM)-51.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%32.5%
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
3.2 Future
Based on estimates for the next years, LAND will show a very negative growth in Earnings Per Share. The EPS will decrease by -23.00% on average per year.
Based on estimates for the next years, LAND will show a small growth in Revenue. The Revenue will grow by 6.70% on average per year.
EPS Next Y-30.63%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
EPS Next 5YN/A
Revenue Next Year-15.72%
Revenue Next 2Y-1.22%
Revenue Next 3Y-0.21%
Revenue Next 5Y6.7%
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
LAND reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LAND. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, LAND is valued a bit cheaper than the industry average as 63.33% of the companies are valued more expensively.
Based on the Price/Free Cash Flow ratio, LAND is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 498.85 | ||
| EV/EBITDA | 17.38 |
4.3 Compensation for Growth
A cheap valuation may be justified as LAND's earnings are expected to decrease with -23.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-39.02%
EPS Next 3Y-23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.26%, LAND is a good candidate for dividend investing.
LAND's Dividend Yield is a higher than the industry average which is at 6.15.
LAND's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
5.2 History
The dividend of LAND is nicely growing with an annual growth rate of 11.11%!
LAND has paid a dividend for at least 10 years, which is a reliable track record.
LAND has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)11.11%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
The earnings of LAND are negative and hence is the payout ratio. LAND will probably not be able to sustain this dividend level.
DP-312.9%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
9.1
-0.07 (-0.76%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners45.28%
Inst Owner Change2.07%
Ins Owners6.97%
Ins Owner Change0%
Market Cap329.24M
Revenue(TTM)67.98M
Net Income(TTM)-14.15M
Analysts76.92
Price Target10.97 (20.55%)
Short Float %6.49%
Short Ratio5.28
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.26% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-312.9%
Div Incr Years10
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.62%
Min EPS beat(2)-71.29%
Max EPS beat(2)60.04%
EPS beat(4)2
Avg EPS beat(4)111.58%
Min EPS beat(4)-71.29%
Max EPS beat(4)480.09%
EPS beat(8)3
Avg EPS beat(8)70.32%
EPS beat(12)5
Avg EPS beat(12)48.07%
EPS beat(16)6
Avg EPS beat(16)29.08%
Revenue beat(2)1
Avg Revenue beat(2)-3.62%
Min Revenue beat(2)-22.85%
Max Revenue beat(2)15.61%
Revenue beat(4)3
Avg Revenue beat(4)-1.52%
Min Revenue beat(4)-22.85%
Max Revenue beat(4)15.61%
Revenue beat(8)5
Avg Revenue beat(8)-1.49%
Revenue beat(12)6
Avg Revenue beat(12)-1.34%
Revenue beat(16)8
Avg Revenue beat(16)-0.47%
PT rev (1m)2.38%
PT rev (3m)2.38%
EPS NQ rev (1m)44.43%
EPS NQ rev (3m)208.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-39.05%
Revenue NQ rev (1m)14.6%
Revenue NQ rev (3m)14.6%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4.84 | ||
| P/FCF | 498.85 | ||
| P/OCF | 41.35 | ||
| P/B | 0.5 | ||
| P/tB | 0.5 | ||
| EV/EBITDA | 17.38 |
EPS(TTM)-0.39
EYN/A
EPS(NY)-0.55
Fwd EYN/A
FCF(TTM)0.02
FCFY0.2%
OCF(TTM)0.22
OCFY2.42%
SpS1.88
BVpS18.29
TBVpS18.19
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.14% | ||
| ROCE | 1.28% | ||
| ROIC | 1.01% | ||
| ROICexc | 1.02% | ||
| ROICexgc | 1.06% | ||
| OM | 22.88% | ||
| PM (TTM) | N/A | ||
| GM | 79.97% | ||
| FCFM | 0.97% |
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
ROICexc(3y)1.98%
ROICexc(5y)1.98%
ROICexgc(3y)2.09%
ROICexgc(5y)2.07%
ROCE(3y)2.44%
ROCE(5y)2.47%
ROICexgc growth 3Y1.97%
ROICexgc growth 5Y1.31%
ROICexc growth 3Y0.88%
ROICexc growth 5Y0.2%
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 819.08 | ||
| Debt/EBITDA | 10.94 | ||
| Cap/Depr | 21.57% | ||
| Cap/Sales | 10.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 16.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 0.22 |
F-Score4
WACC6.66%
ROIC/WACC0.15
Cap/Depr(3y)93.88%
Cap/Depr(5y)598.97%
Cap/Sales(3y)37.45%
Cap/Sales(5y)195.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-51.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%32.5%
EPS Next Y-30.63%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
Revenue Next Year-15.72%
Revenue Next 2Y-1.22%
Revenue Next 3Y-0.21%
Revenue Next 5Y6.7%
EBIT growth 1Y-52.78%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year92.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-97.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-81.65%
OCF growth 3Y-3%
OCF growth 5Y6.7%
GLADSTONE LAND CORP / LAND FAQ
What is the fundamental rating for LAND stock?
ChartMill assigns a fundamental rating of 2 / 10 to LAND.
Can you provide the valuation status for GLADSTONE LAND CORP?
ChartMill assigns a valuation rating of 1 / 10 to GLADSTONE LAND CORP (LAND). This can be considered as Overvalued.
What is the profitability of LAND stock?
GLADSTONE LAND CORP (LAND) has a profitability rating of 2 / 10.
How financially healthy is GLADSTONE LAND CORP?
The financial health rating of GLADSTONE LAND CORP (LAND) is 2 / 10.
How sustainable is the dividend of GLADSTONE LAND CORP (LAND) stock?
The dividend rating of GLADSTONE LAND CORP (LAND) is 7 / 10 and the dividend payout ratio is -312.9%.