GLADSTONE LAND CORP - LAND 5 01/31/26 (LANDM) Stock Fundamental Analysis
NASDAQ:LANDM - Nasdaq - US3765495078 - Currency: USD
LANDM gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. LANDM has a bad profitability rating. Also its financial health evaluation is rather negative. LANDM is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
LANDM had negative earnings in the past year.
LANDM had a positive operating cash flow in the past year.
In the past 5 years LANDM always reported negative net income.
In the past 5 years LANDM always reported a positive cash flow from operatings.
1.2 Ratios
LANDM has a Return On Assets of -0.80%. This is amonst the worse of the industry: LANDM underperforms 83.33% of its industry peers.
Looking at the Return On Equity, with a value of -1.52%, LANDM is doing worse than 73.33% of the companies in the same industry.
LANDM's Return On Invested Capital of 1.92% is on the low side compared to the rest of the industry. LANDM is outperformed by 83.33% of its industry peers.
LANDM had an Average Return On Invested Capital over the past 3 years of 1.93%. This is below the industry average of 5.25%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.52% | ||
| ROIC | 1.92% |
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
LANDM has a Operating Margin of 36.83%. This is comparable to the rest of the industry: LANDM outperforms 46.67% of its industry peers.
In the last couple of years the Operating Margin of LANDM has declined.
LANDM's Gross Margin of 84.04% is fine compared to the rest of the industry. LANDM outperforms 76.67% of its industry peers.
In the last couple of years the Gross Margin of LANDM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 36.83% | ||
| PM (TTM) | N/A | ||
| GM | 84.04% |
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LANDM is destroying value.
Compared to 1 year ago, LANDM has more shares outstanding
LANDM has more shares outstanding than it did 5 years ago.
LANDM has a better debt/assets ratio than last year.
2.2 Solvency
LANDM has an Altman-Z score of 0.81. This is a bad value and indicates that LANDM is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.81, LANDM is in line with its industry, outperforming 46.67% of the companies in the same industry.
The Debt to FCF ratio of LANDM is 24.12, which is on the high side as it means it would take LANDM, 24.12 years of fcf income to pay off all of its debts.
LANDM's Debt to FCF ratio of 24.12 is on the low side compared to the rest of the industry. LANDM is outperformed by 63.33% of its industry peers.
A Debt/Equity ratio of 0.85 indicates that LANDM is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.85, LANDM is doing good in the industry, outperforming 63.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.85 | ||
| Debt/FCF | 24.12 | ||
| Altman-Z | 0.81 |
ROIC/WACC0.27
WACC7.24%
2.3 Liquidity
LANDM has a Current Ratio of 0.84. This is a bad value and indicates that LANDM is not financially healthy enough and could expect problems in meeting its short term obligations.
LANDM has a Current ratio of 0.84. This is comparable to the rest of the industry: LANDM outperforms 56.67% of its industry peers.
A Quick Ratio of 0.84 indicates that LANDM may have some problems paying its short term obligations.
The Quick ratio of LANDM (0.84) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for LANDM have decreased by -5.56% in the last year.
LANDM shows a decrease in Revenue. In the last year, the revenue decreased by -5.73%.
Measured over the past years, LANDM shows a quite strong growth in Revenue. The Revenue has been growing by 15.93% on average per year.
EPS 1Y (TTM)-5.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
Revenue 1Y (TTM)-5.73%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-13.72%
3.2 Future
The Earnings Per Share is expected to grow by 7.68% on average over the next years.
Based on estimates for the next years, LANDM will show a small growth in Revenue. The Revenue will grow by 6.70% on average per year.
EPS Next Y-13.63%
EPS Next 2Y-7.43%
EPS Next 3Y7.68%
EPS Next 5YN/A
Revenue Next Year-4.92%
Revenue Next 2Y-0.83%
Revenue Next 3Y2.42%
Revenue Next 5Y6.7%
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
LANDM 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 LANDM. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LANDM indicates a slightly more expensive valuation: LANDM is more expensive than 76.67% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of LANDM indicates a slightly more expensive valuation: LANDM is more expensive than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.68 | ||
| EV/EBITDA | 21.99 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-7.43%
EPS Next 3Y7.68%
5. Dividend
5.1 Amount
LANDM has a Yearly Dividend Yield of 5.85%, which is a nice return.
Compared to an average industry Dividend Yield of 5.81, LANDM pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.51, LANDM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
5.2 History
On average, the dividend of LANDM grows each year by 11.11%, which is quite nice.
LANDM has been paying a dividend for over 5 years, so it has already some track record.
LANDM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.11%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
LANDM has negative earnings and hence a negative payout ratio. The dividend may be in danger.
The dividend of LANDM is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP-424.13%
EPS Next 2Y-7.43%
EPS Next 3Y7.68%
GLADSTONE LAND CORP - LAND 5 01/31/26
NASDAQ:LANDM (4/22/2025, 12:16:50 PM)
24.6882
+0.03 (+0.11%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.43%
Inst Owner ChangeN/A
Ins Owners6.99%
Ins Owner ChangeN/A
Market Cap893.22M
Analysts76.92
Price Target30.76 (24.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.85% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-424.13%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-36.69%
Min EPS beat(2)-50.83%
Max EPS beat(2)-22.55%
EPS beat(4)1
Avg EPS beat(4)43.68%
Min EPS beat(4)-51.14%
Max EPS beat(4)299.25%
EPS beat(8)3
Avg EPS beat(8)26.62%
EPS beat(12)3
Avg EPS beat(12)-0.46%
EPS beat(16)5
Avg EPS beat(16)-6.89%
Revenue beat(2)2
Avg Revenue beat(2)1.8%
Min Revenue beat(2)1.13%
Max Revenue beat(2)2.47%
Revenue beat(4)3
Avg Revenue beat(4)-0.93%
Min Revenue beat(4)-10.99%
Max Revenue beat(4)3.68%
Revenue beat(8)4
Avg Revenue beat(8)-0.99%
Revenue beat(12)5
Avg Revenue beat(12)-0.82%
Revenue beat(16)8
Avg Revenue beat(16)0.44%
PT rev (1m)8.29%
PT rev (3m)-11.4%
EPS NQ rev (1m)-387.62%
EPS NQ rev (3m)65.79%
EPS NY rev (1m)25.29%
EPS NY rev (3m)25.73%
Revenue NQ rev (1m)-1.33%
Revenue NQ rev (3m)-5.39%
Revenue NY rev (1m)-0.66%
Revenue NY rev (3m)-9.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 10.48 | ||
| P/FCF | 36.68 | ||
| P/OCF | 30.23 | ||
| P/B | 1.3 | ||
| P/tB | 1.31 | ||
| EV/EBITDA | 21.99 |
EPS(TTM)-0.29
EYN/A
EPS(NY)-0.32
Fwd EYN/A
FCF(TTM)0.67
FCFY2.73%
OCF(TTM)0.82
OCFY3.31%
SpS2.36
BVpS18.99
TBVpS18.88
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.8% | ||
| ROE | -1.52% | ||
| ROCE | 2.43% | ||
| ROIC | 1.92% | ||
| ROICexc | 1.95% | ||
| ROICexgc | 2.09% | ||
| OM | 36.83% | ||
| PM (TTM) | N/A | ||
| GM | 84.04% | ||
| FCFM | 28.58% |
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%
ROICexcg growth 3Y1.97%
ROICexcg 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 | 0.85 | ||
| Debt/FCF | 24.12 | ||
| Debt/EBITDA | 8.84 | ||
| Cap/Depr | 14.83% | ||
| Cap/Sales | 6.1% | ||
| Interest Coverage | 1.29 | ||
| Cash Conversion | 44.47% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 0.81 |
F-Score4
WACC7.24%
ROIC/WACC0.27
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)-5.56%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25%
EPS Next Y-13.63%
EPS Next 2Y-7.43%
EPS Next 3Y7.68%
EPS Next 5YN/A
Revenue 1Y (TTM)-5.73%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-13.72%
Revenue Next Year-4.92%
Revenue Next 2Y-0.83%
Revenue Next 3Y2.42%
Revenue Next 5Y6.7%
EBIT growth 1Y-6.69%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year122.25%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-10.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-26.28%
OCF growth 3Y-3%
OCF growth 5Y6.7%