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GLADSTONE LAND CORP - LAND 6 PERP (LANDP) Stock Fundamental Analysis

USA - Nasdaq - NASDAQ:LANDP - US3765494089

18.62 USD
-0.01 (-0.05%)
Last: 12/26/2025, 8:00:02 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to LANDP. LANDP was compared to 30 industry peers in the Specialized REITs industry. LANDP has a bad profitability rating. Also its financial health evaluation is rather negative. LANDP is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

2

1. Profitability

1.1 Basic Checks

LANDP had negative earnings in the past year.
In the past year LANDP had a positive cash flow from operations.
In the past 5 years LANDP always reported negative net income.
Each year in the past 5 years LANDP had a positive operating cash flow.
LANDP Yearly Net Income VS EBIT VS OCF VS FCFLANDP Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M

1.2 Ratios

Looking at the Return On Assets, with a value of -1.15%, LANDP is doing worse than 80.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of -2.14%, LANDP is doing worse than 70.00% of the companies in the same industry.
LANDP has a Return On Invested Capital of 1.01%. This is amonst the worse of the industry: LANDP underperforms 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LANDP is below the industry average of 4.78%.
Industry RankSector 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%
LANDP Yearly ROA, ROE, ROICLANDP Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1 -1 2 -2

1.3 Margins

LANDP's Operating Margin of 22.88% is on the low side compared to the rest of the industry. LANDP is outperformed by 63.33% of its industry peers.
LANDP's Operating Margin has declined in the last couple of years.
LANDP's Gross Margin of 79.97% is fine compared to the rest of the industry. LANDP outperforms 76.67% of its industry peers.
In the last couple of years the Gross Margin of LANDP has remained more or less at the same level.
Industry RankSector 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%
LANDP Yearly Profit, Operating, Gross MarginsLANDP Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

2

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LANDP is destroying value.
LANDP has more shares outstanding than it did 1 year ago.
LANDP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for LANDP has been reduced compared to a year ago.
LANDP Yearly Shares OutstandingLANDP Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M
LANDP Yearly Total Debt VS Total AssetsLANDP Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

2.2 Solvency

LANDP has an Altman-Z score of 0.61. This is a bad value and indicates that LANDP is not financially healthy and even has some risk of bankruptcy.
LANDP has a Altman-Z score of 0.61. This is in the lower half of the industry: LANDP underperforms 66.67% of its industry peers.
The Debt to FCF ratio of LANDP is 819.08, which is on the high side as it means it would take LANDP, 819.08 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 819.08, LANDP is doing worse than 70.00% of the companies in the same industry.
LANDP has a Debt/Equity ratio of 0.82. This is a neutral value indicating LANDP is somewhat dependend on debt financing.
LANDP has a better Debt to Equity ratio (0.82) than 66.67% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.82
Debt/FCF 819.08
Altman-Z 0.61
ROIC/WACC0.14
WACC7.09%
LANDP Yearly LT Debt VS Equity VS FCFLANDP Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

LANDP has a Current Ratio of 0.89. This is a bad value and indicates that LANDP is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.89, LANDP perfoms like the industry average, outperforming 60.00% of the companies in the same industry.
LANDP has a Quick Ratio of 0.89. This is a bad value and indicates that LANDP is not financially healthy enough and could expect problems in meeting its short term obligations.
With a decent Quick ratio value of 0.89, LANDP is doing good in the industry, outperforming 63.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.89
Quick Ratio 0.89
LANDP Yearly Current Assets VS Current LiabilitesLANDP Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M

2

3. Growth

3.1 Past

The earnings per share for LANDP have decreased strongly by -52.16% in the last year.
The Revenue for LANDP has decreased by -23.25% in the past year. This is quite bad
Measured over the past years, LANDP shows a quite strong growth in Revenue. The Revenue has been growing by 15.93% on average per year.
EPS 1Y (TTM)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%

3.2 Future

LANDP is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -13.64% yearly.
The Revenue is expected to grow by 6.70% on average over the next years.
EPS Next Y80.91%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue Next Year-6.12%
Revenue Next 2Y-0.55%
Revenue Next 3Y0.17%
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.
LANDP Yearly Revenue VS EstimatesLANDP Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 20M 40M 60M 80M 100M
LANDP Yearly EPS VS EstimatesLANDP Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 -0.4

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for LANDP. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LANDP. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
LANDP Price Earnings VS Forward Price EarningsLANDP Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 -40

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LANDP indicates a slightly more expensive valuation: LANDP is more expensive than 76.67% of the companies listed in the same industry.
70.00% of the companies in the same industry are cheaper than LANDP, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 1051.47
EV/EBITDA 24.76
LANDP Per share dataLANDP EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 10 15

4.3 Compensation for Growth

A cheap valuation may be justified as LANDP's earnings are expected to decrease with -13.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%

5

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 6.31%, LANDP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.73, LANDP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.00, LANDP pays a better dividend.
Industry RankSector Rank
Dividend Yield 6.31%

5.2 History

On average, the dividend of LANDP grows each year by 11.11%, which is quite nice.
LANDP has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)11.11%
Div Incr Years1
Div Non Decr Years1
LANDP Yearly Dividends per shareLANDP Yearly Dividends per shareYearly Dividends per share 2023 2024 2025 0.5 1 1.5

5.3 Sustainability

The earnings of LANDP are negative and hence is the payout ratio. LANDP will probably not be able to sustain this dividend level.
DP-312.9%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
LANDP Yearly Income VS Free CF VS DividendLANDP Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100M -200M

GLADSTONE LAND CORP - LAND 6 PERP

NASDAQ:LANDP (12/26/2025, 8:00:02 PM)

18.62

-0.01 (-0.05%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-17 2026-02-17/amc
Inst Owners45.43%
Inst Owner ChangeN/A
Ins Owners6.77%
Ins Owner ChangeN/A
Market Cap693.97M
Revenue(TTM)67.98M
Net Income(TTM)-14.15M
Analysts73.85
Price Target23.63 (26.91%)
Short Float %0.01%
Short Ratio0.18
Dividend
Industry RankSector Rank
Dividend Yield 6.31%
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-312.9%
Div Incr Years1
Div Non Decr Years1
Ex-Date12-22 2025-12-22 (0.125)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.99%
Min EPS beat(2)-71.29%
Max EPS beat(2)59.3%
EPS beat(4)2
Avg EPS beat(4)111.39%
Min EPS beat(4)-71.29%
Max EPS beat(4)480.09%
EPS beat(8)3
Avg EPS beat(8)70.23%
EPS beat(12)5
Avg EPS beat(12)48.01%
EPS beat(16)6
Avg EPS beat(16)29.03%
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)5.89%
PT rev (3m)6.93%
EPS NQ rev (1m)3.71%
EPS NQ rev (3m)522.23%
EPS NY rev (1m)85.39%
EPS NY rev (3m)85.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.15%
Revenue NY rev (1m)11.39%
Revenue NY rev (3m)11.39%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 10.21
P/FCF 1051.47
P/OCF 87.16
P/B 1.05
P/tB 1.05
EV/EBITDA 24.76
EPS(TTM)-0.39
EYN/A
EPS(NY)-0.41
Fwd EYN/A
FCF(TTM)0.02
FCFY0.1%
OCF(TTM)0.21
OCFY1.15%
SpS1.82
BVpS17.76
TBVpS17.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector 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 RankSector 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 0.61
F-Score4
WACC7.09%
ROIC/WACC0.14
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)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
EPS Next Y80.91%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
Revenue Next Year-6.12%
Revenue Next 2Y-0.55%
Revenue Next 3Y0.17%
Revenue Next 5Y6.7%
EBIT growth 1Y-52.78%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year100.14%
EBIT Next 3Y31.82%
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 6 PERP / LANDP FAQ

Can you provide the ChartMill fundamental rating for GLADSTONE LAND CORP - LAND 6 PERP?

ChartMill assigns a fundamental rating of 2 / 10 to LANDP.


What is the valuation status for LANDP stock?

ChartMill assigns a valuation rating of 0 / 10 to GLADSTONE LAND CORP - LAND 6 PERP (LANDP). This can be considered as Overvalued.


How profitable is GLADSTONE LAND CORP - LAND 6 PERP (LANDP) stock?

GLADSTONE LAND CORP - LAND 6 PERP (LANDP) has a profitability rating of 2 / 10.


Can you provide the financial health for LANDP stock?

The financial health rating of GLADSTONE LAND CORP - LAND 6 PERP (LANDP) is 2 / 10.