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 130 industry peers in the Diversified REITs industry. While GOODN is still in line with the averages on profitability rating, there are concerns on its financial health. GOODN has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GOODN had positive earnings in the past year.
In the past year GOODN had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GOODN reported negative net income in multiple years.
Each year in the past 5 years GOODN had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 1.10%, GOODN is in line with its industry, outperforming 56.92% of the companies in the same industry.
GOODN has a better Return On Equity (3.61%) than 63.08% of its industry peers.
GOODN has a better Return On Invested Capital (3.82%) than 72.31% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GOODN is in line with the industry average of 3.17%.
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's Profit Margin of 8.43% is in line compared to the rest of the industry. GOODN outperforms 58.46% of its industry peers.
GOODN has a Operating Margin of 35.82%. This is in the better half of the industry: GOODN outperforms 76.15% of its industry peers.
In the last couple of years the Operating Margin of GOODN has grown nicely.
The Gross Margin of GOODN (78.72%) is better than 76.92% 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.
Compared to 1 year ago, GOODN has more shares outstanding
GOODN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for GOODN has been reduced compared to a year ago.
2.2 Solvency
GOODN has an Altman-Z score of 0.34. This is a bad value and indicates that GOODN is not financially healthy and even has some risk of bankruptcy.
GOODN has a Altman-Z score of 0.34. This is in the lower half of the industry: GOODN underperforms 62.31% of its industry peers.
A Debt/Equity ratio of 2.06 is on the high side and indicates that GOODN has dependencies on debt financing.
The Debt to Equity ratio of GOODN (2.06) is worse than 73.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.34 |
ROIC/WACC0.54
WACC7.09%
2.3 Liquidity
A Current Ratio of 0.82 indicates that GOODN may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.82, GOODN is in line with its industry, outperforming 43.85% 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 worse Quick ratio (0.71) than 63.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 252.63% over the past year.
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
The Earnings Per Share is expected to grow by 7.88% on average over the next years.
Based on estimates for the next years, GOODN will show a small growth in Revenue. The Revenue will grow by 2.82% on average per year.
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
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 78.62 indicates a quite expensive valuation of GOODN.
60.77% of the companies in the same industry are cheaper than GOODN, based on the Price/Earnings ratio.
GOODN is valuated expensively when we compare the Price/Earnings ratio to 27.61, which is the current average of the S&P500 Index.
GOODN is valuated quite expensively with a Price/Forward Earnings ratio of 73.69.
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 (37.13), we can say GOODN is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 78.62 | ||
| Fwd PE | 73.69 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOODN is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 16.85 |
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 8.79%, which is a nice return.
Compared to an average industry Dividend Yield of 6.41, GOODN pays a better dividend. On top of this GOODN pays more dividend than 86.15% of the companies listed in the same industry.
GOODN's Dividend Yield is rather good when compared to the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.79% |
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 (7/30/2025, 8:14:09 PM)
22.8
+0.14 (+0.62%)
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 (18.64%)
Short Float %0%
Short Ratio0.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.79% |
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)4.76%
PT rev (3m)0.16%
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 | 78.62 | ||
| Fwd PE | 73.69 | ||
| P/S | 7.44 | ||
| P/FCF | N/A | ||
| P/OCF | 18.87 | ||
| P/B | 3.18 | ||
| P/tB | 4.53 | ||
| EV/EBITDA | 16.85 |
EPS(TTM)0.29
EY1.27%
EPS(NY)0.31
Fwd EY1.36%
FCF(TTM)-1.11
FCFYN/A
OCF(TTM)1.21
OCFY5.3%
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
WACC7.09%
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%