GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) Stock Fundamental Analysis

NASDAQ:GOODN • US3765367020

23.24 USD
+0.21 (+0.91%)
Last: Feb 17, 2026, 08:20 PM
Fundamental Rating

3

GOODN gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 123 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.


Dividend Valuation Growth Profitability Health

6

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.
GOODN Yearly Net Income VS EBIT VS OCF VS FCFGOODN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M

1.2 Ratios

  • GOODN has a Return On Assets (0.66%) which is comparable to the rest of the industry.
  • GOODN has a Return On Equity (2.35%) which is comparable to the rest of the industry.
  • With a decent Return On Invested Capital value of 3.64%, GOODN is doing good in the industry, outperforming 68.29% of the companies in the same industry.
  • The Average Return On Invested Capital over the past 3 years for GOODN is in line with the industry average of 3.06%.
  • The 3 year average ROIC (3.53%) for GOODN is below the current ROIC(3.64%), indicating increased profibility in the last year.
Industry RankSector 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%
GOODN Yearly ROA, ROE, ROICGOODN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2 -2 4

1.3 Margins

  • GOODN has a Profit Margin (5.36%) which is comparable to the rest of the industry.
  • GOODN's Operating Margin of 36.74% is fine compared to the rest of the industry. GOODN outperforms 77.24% of its industry peers.
  • GOODN's Operating Margin has improved in the last couple of years.
  • GOODN has a better Gross Margin (77.68%) than 75.61% 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 RankSector 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%
GOODN Yearly Profit, Operating, Gross MarginsGOODN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 40 60 80

0

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GOODN is destroying value.
  • Compared to 1 year ago, GOODN has more shares outstanding
  • Compared to 5 years ago, GOODN has more shares outstanding
  • Compared to 1 year ago, GOODN has an improved debt to assets ratio.
GOODN Yearly Shares OutstandingGOODN Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M
GOODN Yearly Total Debt VS Total AssetsGOODN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • GOODN has an Altman-Z score of 0.32. This is a bad value and indicates that GOODN is not financially healthy and even has some risk of bankruptcy.
  • The Altman-Z score of GOODN (0.32) is worse than 61.79% of its industry peers.
  • GOODN 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, GOODN is doing worse than 74.80% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.37
Debt/FCF N/A
Altman-Z 0.32
ROIC/WACC0.53
WACC6.9%
GOODN Yearly LT Debt VS Equity VS FCFGOODN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 0.68 indicates that GOODN may have some problems paying its short term obligations.
  • GOODN has a Current ratio of 0.68. This is in the lower half of the industry: GOODN underperforms 69.92% of its industry peers.
  • A Quick Ratio of 0.68 indicates that GOODN may have some problems paying its short term obligations.
  • GOODN has a Quick ratio of 0.68. This is in the lower half of the industry: GOODN underperforms 69.92% of its industry peers.
Industry RankSector Rank
Current Ratio 0.68
Quick Ratio 0.68
GOODN Yearly Current Assets VS Current LiabilitesGOODN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10M 20M 30M 40M

2

3. Growth

3.1 Past

  • The earnings per share for GOODN have decreased strongly by -10.00% in the last year.
  • The Revenue has been growing slightly by 4.95% 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)-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, GOODN will show a very negative growth in Earnings Per Share. The EPS will decrease by -38.26% on average per year.
  • GOODN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.16% yearly.
EPS Next Y-52.92%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
EPS Next 5YN/A
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
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.
GOODN Yearly Revenue VS EstimatesGOODN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50M 100M 150M
GOODN Yearly EPS VS EstimatesGOODN Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2 -0.2

1

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 129.11, which means the current valuation is very expensive for GOODN.
  • 60.98% of the companies in the same industry are cheaper than GOODN, based on the Price/Earnings ratio.
  • The average S&P500 Price/Earnings ratio is at 27.16. GOODN is valued rather expensively when compared to this.
  • Based on the Price/Forward Earnings ratio of 151.90, the valuation of GOODN can be described as expensive.
  • 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 28.10, GOODN is valued quite expensively.
Industry RankSector Rank
PE 129.11
Fwd PE 151.9
GOODN Price Earnings VS Forward Price EarningsGOODN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, GOODN is valued a bit more expensive than 71.54% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 17.92
GOODN Per share dataGOODN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 6

4.3 Compensation for Growth

  • GOODN has a very decent profitability rating, which may justify a higher PE ratio.
  • GOODN's earnings are expected to decrease with -38.26% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%

5

5. Dividend

5.1 Amount

  • With a Yearly Dividend Yield of 10.41%, GOODN is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 6.84, GOODN pays a better dividend. On top of this GOODN pays more dividend than 93.50% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, GOODN pays a better dividend.
Industry RankSector Rank
Dividend Yield 10.41%

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
GOODN Yearly Dividends per shareGOODN Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • 803.10% of the earnings are spent on dividend by GOODN. This is not a sustainable payout ratio.
  • GOODN's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP803.1%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
GOODN Yearly Income VS Free CF VS DividendGOODN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 50M -50M
GOODN Dividend Payout.GOODN Dividend Payout, showing the Payout Ratio.GOODN Dividend Payout.PayoutRetained Earnings

GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP

NASDAQ:GOODN (2/17/2026, 8:20:19 PM)

23.24

+0.21 (+0.91%)

Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)11-03
Earnings (Next)02-18
Inst Owners51.06%
Inst Owner ChangeN/A
Ins Owners1.17%
Ins Owner Change0%
Market Cap1.20B
Revenue(TTM)155.25M
Net Income(TTM)8.32M
Analysts82
Price Target25.13 (8.13%)
Short Float %0%
Short Ratio0.12
Dividend
Industry RankSector Rank
Dividend Yield 10.41%
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP803.1%
Div Incr Years0
Div Non Decr Years5
Ex-Date03-23
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)-8.05%
PT rev (3m)-14.22%
EPS NQ rev (1m)12.49%
EPS NQ rev (3m)-61.29%
EPS NY rev (1m)2.85%
EPS NY rev (3m)-48.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.77%
Valuation
Industry RankSector Rank
PE 129.11
Fwd PE 151.9
P/S 7.7
P/FCF N/A
P/OCF 12.56
P/B 3.37
P/tB 5.14
EV/EBITDA 17.92
EPS(TTM)0.18
EY0.77%
EPS(NY)0.15
Fwd EY0.66%
FCF(TTM)-2.7
FCFYN/A
OCF(TTM)1.85
OCFY7.96%
SpS3.02
BVpS6.9
TBVpS4.52
PEG (NY)N/A
PEG (5Y)N/A
Graham Number5.28
Profitability
Industry RankSector 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 RankSector 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 0.32
F-Score3
WACC6.9%
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)-10%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-90%
EPS Next Y-52.92%
EPS Next 2Y-23.29%
EPS Next 3Y-38.26%
EPS Next 5YN/A
Revenue 1Y (TTM)4.95%
Revenue growth 3Y2.75%
Revenue growth 5Y5.48%
Sales Q2Q%4.09%
Revenue Next Year6.02%
Revenue Next 2Y6.15%
Revenue Next 3Y5.74%
Revenue Next 5Y3.16%
EBIT growth 1Y8.21%
EBIT growth 3Y15.23%
EBIT growth 5Y8.21%
EBIT Next Year144.01%
EBIT Next 3Y41.39%
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 COR - GOOD 6 5/8 PERP / GOODN FAQ

Can you provide the ChartMill fundamental rating for GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP?

ChartMill assigns a fundamental rating of 3 / 10 to GOODN.


What is the valuation status for GOODN stock?

ChartMill assigns a valuation rating of 1 / 10 to GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN). This can be considered as Overvalued.


Can you provide the profitability details for GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP?

GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) has a profitability rating of 6 / 10.


Can you provide the financial health for GOODN stock?

The financial health rating of GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) is 0 / 10.


Can you provide the expected EPS growth for GOODN stock?

The Earnings per Share (EPS) of GLADSTONE COMMERCIAL COR - GOOD 6 5/8 PERP (GOODN) is expected to decline by -52.92% in the next year.