GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) Stock Fundamental Analysis
NASDAQ:GOODN - Nasdaq - US3765367020 - Currency: USD
GOODN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 129 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 has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year GOODN was profitable.
In the past year GOODN had a positive cash flow from operations.
In multiple years GOODN reported negative net income over the last 5 years.
Each year in the past 5 years GOODN had a positive operating cash flow.
1.2 Ratios
GOODN has a Return On Assets (1.10%) which is in line with its industry peers.
GOODN has a Return On Equity of 3.61%. This is in the better half of the industry: GOODN outperforms 62.79% of its industry peers.
The Return On Invested Capital of GOODN (3.82%) is better than 72.87% 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 3.16%.
The last Return On Invested Capital (3.82%) for GOODN is above the 3 year average (3.53%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 3.61% | ||
| ROIC | 3.82% |
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
GOODN has a Profit Margin (8.43%) which is comparable to the rest of the industry.
GOODN's Operating Margin of 35.82% is fine compared to the rest of the industry. GOODN outperforms 75.97% of its industry peers.
In the last couple of years the Operating Margin of GOODN has grown nicely.
GOODN's Gross Margin of 78.72% is fine compared to the rest of the industry. GOODN outperforms 76.74% of its industry peers.
In the last couple of years the Gross Margin of GOODN has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.82% | ||
| PM (TTM) | 8.43% | ||
| GM | 78.72% |
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
GOODN 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 GOODN has been increased compared to 1 year ago.
The number of shares outstanding for GOODN has been increased compared to 5 years ago.
GOODN has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.34, we must say that GOODN is in the distress zone and has some risk of bankruptcy.
GOODN has a worse Altman-Z score (0.34) than 62.02% of its industry peers.
GOODN has a Debt/Equity ratio of 2.06. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 2.06, GOODN is not doing good in the industry: 74.42% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACC0.54
WACC7.12%
2.3 Liquidity
A Current Ratio of 0.82 indicates that GOODN may have some problems paying its short term obligations.
With a Current ratio value of 0.82, GOODN perfoms like the industry average, outperforming 43.41% of the companies in the same industry.
A Quick Ratio of 0.71 indicates that GOODN may have some problems paying its short term obligations.
GOODN has a Quick ratio of 0.71. This is in the lower half of the industry: GOODN underperforms 64.34% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
GOODN shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 252.63%, which is quite impressive.
GOODN shows a small growth in Revenue. In the last year, the Revenue has grown by 3.01%.
GOODN shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.48% yearly.
EPS 1Y (TTM)252.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
Revenue 1Y (TTM)3.01%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.98%
3.2 Future
GOODN is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.88% yearly.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y-5.85%
EPS Next 2Y9.09%
EPS Next 3Y7.88%
EPS Next 5YN/A
Revenue Next Year2.22%
Revenue Next 2Y2.53%
Revenue Next 3Y1.54%
Revenue Next 5Y2.82%
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
With a Price/Earnings ratio of 78.24, GOODN can be considered very expensive at the moment.
GOODN's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 27.69. GOODN is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 73.34, the valuation of GOODN can be described as expensive.
GOODN's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of GOODN to the average of the S&P500 Index (37.36), we can say GOODN is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.24 | ||
| Fwd PE | 73.34 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of GOODN indicates a slightly more expensive valuation: GOODN is more expensive than 69.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.87 |
4.3 Compensation for Growth
GOODN has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y9.09%
EPS Next 3Y7.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 8.73%, GOODN is a good candidate for dividend investing.
GOODN's Dividend Yield is rather good when compared to the industry average which is at 6.66. GOODN pays more dividend than 86.82% of the companies in the same industry.
GOODN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.73% |
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
503.13% of the earnings are spent on dividend by GOODN. This is not a sustainable payout ratio.
DP503.13%
EPS Next 2Y9.09%
EPS Next 3Y7.88%
GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP
NASDAQ:GOODN (7/23/2025, 8:00:00 PM)
22.69
-0.01 (-0.04%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.2%
Inst Owner ChangeN/A
Ins Owners1.21%
Ins Owner Change0%
Market Cap1.12B
Analysts78.18
Price Target27.05 (19.22%)
Short Float %0%
Short Ratio0.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.73% |
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP503.13%
Div Incr Years0
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)17.26%
Min EPS beat(2)13.85%
Max EPS beat(2)20.66%
EPS beat(4)3
Avg EPS beat(4)-84.25%
Min EPS beat(4)-884.31%
Max EPS beat(4)512.8%
EPS beat(8)5
Avg EPS beat(8)-89.44%
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)0
Avg Revenue beat(2)-2.59%
Min Revenue beat(2)-3.67%
Max Revenue beat(2)-1.52%
Revenue beat(4)2
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-3.67%
Max Revenue beat(4)4.13%
Revenue beat(8)3
Avg Revenue beat(8)-1.6%
Revenue beat(12)4
Avg Revenue beat(12)-1.58%
Revenue beat(16)4
Avg Revenue beat(16)-2.07%
PT rev (1m)6.3%
PT rev (3m)3.24%
EPS NQ rev (1m)0%
EPS NQ rev (3m)108.33%
EPS NY rev (1m)0%
EPS NY rev (3m)35.21%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.24 | ||
| Fwd PE | 73.34 | ||
| P/S | 7.41 | ||
| P/FCF | N/A | ||
| P/OCF | 18.78 | ||
| P/B | 3.17 | ||
| P/tB | 4.5 | ||
| EV/EBITDA | 16.87 |
EPS(TTM)0.29
EY1.28%
EPS(NY)0.31
Fwd EY1.36%
FCF(TTM)-1.11
FCFYN/A
OCF(TTM)1.21
OCFY5.32%
SpS3.06
BVpS7.16
TBVpS5.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.1% | ||
| ROE | 3.61% | ||
| ROCE | 4.84% | ||
| ROIC | 3.82% | ||
| ROICexc | 3.86% | ||
| ROICexgc | 4.31% | ||
| OM | 35.82% | ||
| PM (TTM) | 8.43% | ||
| GM | 78.72% | ||
| 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%
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-Score6
Asset Turnover0.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.06 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 6.61 | ||
| Cap/Depr | 205.16% | ||
| Cap/Sales | 75.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 54.27% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.71 | ||
| Altman-Z | 0.34 |
F-Score6
WACC7.12%
ROIC/WACC0.54
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)252.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y-5.85%
EPS Next 2Y9.09%
EPS Next 3Y7.88%
EPS Next 5YN/A
Revenue 1Y (TTM)3.01%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.98%
Revenue Next Year2.22%
Revenue Next 2Y2.53%
Revenue Next 3Y1.54%
Revenue Next 5Y2.82%
EBIT growth 1Y4.57%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year142.6%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-35.21%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-10.9%
OCF growth 3Y-6.7%
OCF growth 5Y-1.1%