GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) Stock Fundamental Analysis
NASDAQ:GOODN - Nasdaq - US3765367020 - Currency: USD
Taking everything into account, GOODN scores 3 out of 10 in our fundamental rating. GOODN was compared to 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 is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year GOODN was profitable.
GOODN had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GOODN reported negative net income in multiple years.
GOODN had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
GOODN's Return On Assets of 1.10% is in line compared to the rest of the industry. GOODN outperforms 56.59% of its industry peers.
The Return On Equity of GOODN (3.61%) is better than 62.79% of its industry peers.
GOODN has a Return On Invested Capital of 3.82%. This is in the better half of the industry: GOODN outperforms 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 3 year average ROIC (3.53%) for GOODN is below the current ROIC(3.82%), indicating increased profibility in the last year.
| 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 in line with its industry peers.
GOODN has a Operating Margin of 35.82%. This is in the better half of the industry: GOODN outperforms 75.97% of its industry peers.
GOODN's Operating Margin has improved in the last couple of years.
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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so GOODN is destroying value.
The number of shares outstanding for GOODN has been increased compared to 1 year ago.
Compared to 5 years ago, GOODN has more shares outstanding
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's Altman-Z score of 0.34 is on the low side compared to the rest of the industry. GOODN is outperformed by 62.79% 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/WACC0.53
WACC7.16%
2.3 Liquidity
GOODN has a Current Ratio of 0.82. This is a bad value and indicates that GOODN is not financially healthy enough and could expect problems in meeting its short term obligations.
GOODN has a Current ratio (0.82) which is in line with its industry peers.
GOODN has a Quick Ratio of 0.82. This is a bad value and indicates that GOODN is not financially healthy enough and could expect problems in meeting 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.
The Revenue has been growing slightly by 3.01% in the past year.
Measured over the past years, GOODN shows a small growth in Revenue. The Revenue has been growing by 5.48% on average per year.
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
The Earnings Per Share is expected to grow by 7.88% on average over the next years.
GOODN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.82% yearly.
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
Based on the Price/Earnings ratio of 77.93, the valuation of GOODN can be described as expensive.
GOODN's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of GOODN to the average of the S&P500 Index (27.35), we can say GOODN is valued expensively.
The Price/Forward Earnings ratio is 73.05, which means the current valuation is very expensive for GOODN.
The rest of the industry has a similar Price/Forward Earnings ratio as GOODN.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.54, GOODN is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 77.93 | ||
| Fwd PE | 73.05 |
4.2 Price Multiples
GOODN's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. GOODN is more expensive than 70.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.83 |
4.3 Compensation for Growth
The decent profitability rating of GOODN 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
GOODN has a Yearly Dividend Yield of 8.73%, which is a nice return.
GOODN's Dividend Yield is rather good when compared to the industry average which is at 6.64. GOODN pays more dividend than 86.05% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, GOODN pays a better dividend.
| 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
GOODN pays out 503.13% of its income as dividend. 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 (7/24/2025, 8:00:01 PM)
22.6
-0.09 (-0.4%)
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 (19.69%)
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 | 77.93 | ||
| Fwd PE | 73.05 | ||
| P/S | 7.38 | ||
| P/FCF | N/A | ||
| P/OCF | 18.71 | ||
| P/B | 3.16 | ||
| P/tB | 4.49 | ||
| EV/EBITDA | 16.83 |
EPS(TTM)0.29
EY1.28%
EPS(NY)0.31
Fwd EY1.37%
FCF(TTM)-1.11
FCFYN/A
OCF(TTM)1.21
OCFY5.35%
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
WACC7.16%
ROIC/WACC0.53
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%