10.75 USD
-0.21 (-1.92%)
10.84 USD
+0.09 (+0.84%)
Overall GOOD gets a fundamental rating of 3 out of 10. We evaluated GOOD against 128 industry peers in the Diversified REITs industry. GOOD has a medium profitability rating, but doesn't score so well on its financial health evaluation. GOOD does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year GOOD was profitable.
In the past year GOOD had a positive cash flow from operations.
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
GOOD has a Return On Assets (0.66%) which is comparable to the rest of the industry.
With a Return On Equity value of 2.35%, GOOD perfoms like the industry average, outperforming 53.91% of the companies in the same industry.
GOOD has a Return On Invested Capital of 3.64%. This is in the better half of the industry: GOOD outperforms 68.75% of its industry peers.
GOOD had an Average Return On Invested Capital over the past 3 years of 3.53%. This is in line with the industry average of 3.06%.
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
GOOD has a Profit Margin of 5.36%. This is comparable to the rest of the industry: GOOD outperforms 56.25% of its industry peers.
GOOD has a better Operating Margin (36.74%) than 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.
Compared to 5 years ago, GOOD has more shares outstanding
The debt/assets ratio for GOOD has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.10, we must say that GOOD is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -0.10, GOOD is doing worse than 75.78% of the companies in the same industry.
GOOD has a Debt/Equity ratio of 2.37. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 2.37, GOOD is doing worse than 74.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.37 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -0.1 |
ROIC/WACC0.55
WACC6.57%
2.3 Liquidity
GOOD has a Current Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting 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.
GOOD has a Quick Ratio of 0.68. This is a bad value and indicates that GOOD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.68, GOOD is not doing good in the industry: 70.31% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.68 | ||
| Quick Ratio | 0.68 |
3. Growth
3.1 Past
GOOD shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.00%.
The Revenue has been growing slightly by 4.95% in the past 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
Based on estimates for the next years, GOOD will show a small growth in Earnings Per Share. The EPS will grow by 7.88% on average per year.
GOOD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.16% yearly.
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 5Y3.16%
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
The Price/Earnings ratio is 59.72, which means the current valuation is very expensive for GOOD.
GOOD's Price/Earnings is on the same level as the industry average.
GOOD's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.15.
A Price/Forward Earnings ratio of 45.82 indicates a quite expensive valuation of GOOD.
Based on the Price/Forward Earnings ratio, GOOD is valued a bit cheaper than 60.94% of the companies in the same industry.
GOOD's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.72 | ||
| Fwd PE | 45.82 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOOD is valued a bit cheaper than 71.88% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.23 |
4.3 Compensation for Growth
The decent profitability rating of GOOD 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 10.89%, GOOD is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.34, GOOD pays a better dividend. On top of this GOOD pays more dividend than 95.31% of the companies listed in the same industry.
GOOD's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.89% |
5.2 History
The dividend of GOOD decreases each year by -4.40%.
GOOD has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of GOOD decreased recently.
Dividend Growth(5Y)-4.4%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
803.10% of the earnings are spent on dividend by GOOD. This is not a sustainable payout ratio.
DP803.1%
EPS Next 2Y-5.01%
EPS Next 3Y7.88%
10.75
-0.21 (-1.92%)
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 Cap553.20M
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts78.18
Price Target13.06 (21.49%)
Short Float %5.68%
Short Ratio4.96
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 10.89% |
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)7.52%
EPS NQ rev (3m)66.66%
EPS NY rev (1m)-11.71%
EPS NY rev (3m)12.5%
Revenue NQ rev (1m)0.82%
Revenue NQ rev (3m)1.58%
Revenue NY rev (1m)0.27%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 59.72 | ||
| Fwd PE | 45.82 | ||
| P/S | 3.56 | ||
| P/FCF | N/A | ||
| P/OCF | 5.81 | ||
| P/B | 1.56 | ||
| P/tB | 2.38 | ||
| EV/EBITDA | 12.23 |
EPS(TTM)0.18
EY1.67%
EPS(NY)0.23
Fwd EY2.18%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY17.21%
SpS3.02
BVpS6.9
TBVpS4.52
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.28
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 | -0.1 |
F-Score3
WACC6.57%
ROIC/WACC0.55
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 5Y3.16%
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.