GLADSTONE COMMER - GOOD 6 PERP (GOODO) Stock Fundamental Analysis
NASDAQ:GOODO - Nasdaq - US3765368846 - Currency: USD
Overall GOODO gets a fundamental rating of 3 out of 10. We evaluated GOODO against 129 industry peers in the Diversified REITs industry. While GOODO is still in line with the averages on profitability rating, there are concerns on its financial health. GOODO does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year GOODO was profitable.
GOODO had a positive operating cash flow in the past year.
In multiple years GOODO reported negative net income over the last 5 years.
In the past 5 years GOODO always reported a positive cash flow from operatings.
1.2 Ratios
GOODO has a Return On Assets of 1.10%. This is comparable to the rest of the industry: GOODO outperforms 57.36% of its industry peers.
GOODO has a better Return On Equity (3.61%) than 63.57% of its industry peers.
GOODO's Return On Invested Capital of 3.82% is fine compared to the rest of the industry. GOODO outperforms 73.64% of its industry peers.
GOODO had an Average Return On Invested Capital over the past 3 years of 3.53%. This is in line with the industry average of 3.15%.
The 3 year average ROIC (3.53%) for GOODO 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
Looking at the Profit Margin, with a value of 8.43%, GOODO is in line with its industry, outperforming 58.91% of the companies in the same industry.
GOODO has a better Operating Margin (35.82%) than 76.74% of its industry peers.
GOODO's Operating Margin has improved in the last couple of years.
GOODO has a better Gross Margin (78.72%) than 77.52% of its industry peers.
GOODO's Gross Margin has been stable in the last couple of years.
| 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 GOODO is destroying value.
GOODO has more shares outstanding than it did 1 year ago.
The number of shares outstanding for GOODO has been increased compared to 5 years ago.
The debt/assets ratio for GOODO has been reduced compared to a year ago.
2.2 Solvency
GOODO has an Altman-Z score of 0.26. This is a bad value and indicates that GOODO is not financially healthy and even has some risk of bankruptcy.
GOODO has a worse Altman-Z score (0.26) than 64.34% of its industry peers.
GOODO 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, GOODO is not doing good in the industry: 73.64% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.26 |
ROIC/WACC0.55
WACC6.99%
2.3 Liquidity
A Current Ratio of 0.82 indicates that GOODO may have some problems paying its short term obligations.
GOODO's Current ratio of 0.82 is in line compared to the rest of the industry. GOODO outperforms 44.19% of its industry peers.
A Quick Ratio of 0.71 indicates that GOODO may have some problems paying its short term obligations.
GOODO has a Quick ratio of 0.71. This is in the lower half of the industry: GOODO underperforms 63.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.82 | ||
| Quick Ratio | 0.71 |
3. Growth
3.1 Past
GOODO shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 252.63%, which is quite impressive.
Looking at the last year, GOODO shows a small growth in Revenue. The Revenue has grown by 3.01% in the last year.
Measured over the past years, GOODO 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
Based on estimates for the next years, GOODO will show a small growth in Earnings Per Share. The EPS will grow by 7.88% on average per year.
The Revenue is expected to grow by 2.82% on average over the next years.
EPS Next Y-29.38%
EPS Next 2Y1%
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 70.43 indicates a quite expensive valuation of GOODO.
GOODO's Price/Earnings ratio is in line with the industry average.
GOODO is valuated expensively when we compare the Price/Earnings ratio to 26.25, which is the current average of the S&P500 Index.
GOODO is valuated quite expensively with a Price/Forward Earnings ratio of 77.02.
The rest of the industry has a similar Price/Forward Earnings ratio as GOODO.
GOODO is valuated expensively when we compare the Price/Forward Earnings ratio to 22.15, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.43 | ||
| Fwd PE | 77.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOODO is valued a bit more expensive than 62.79% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.85 |
4.3 Compensation for Growth
GOODO has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1%
EPS Next 3Y7.88%
5. Dividend
5.1 Amount
GOODO has a Yearly Dividend Yield of 8.40%, which is a nice return.
GOODO's Dividend Yield is rather good when compared to the industry average which is at 6.68. GOODO pays more dividend than 81.40% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, GOODO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.4% |
5.2 History
The dividend of GOODO decreases each year by -4.40%.
GOODO has been paying a dividend for over 5 years, so it has already some track record.
GOODO has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-4.4%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
503.13% of the earnings are spent on dividend by GOODO. This is not a sustainable payout ratio.
DP503.13%
EPS Next 2Y1%
EPS Next 3Y7.88%
20.425
+0.09 (+0.42%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryDiversified REITs
Earnings (Last)
Earnings (Next)
Inst Owners47.99%
Inst Owner ChangeN/A
Ins Owners1.27%
Ins Owner ChangeN/A
Market Cap1.01B
Analysts78.18
Price Target24.79 (21.37%)
Short Float %0%
Short Ratio0.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.4% |
Yearly Dividend1.48
Dividend Growth(5Y)-4.4%
DP503.13%
Div Incr Years0
Div Non Decr Years3
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)1.74%
PT rev (3m)10.28%
EPS NQ rev (1m)16.68%
EPS NQ rev (3m)16.68%
EPS NY rev (1m)1.41%
EPS NY rev (3m)-32.71%
Revenue NQ rev (1m)1.48%
Revenue NQ rev (3m)1.35%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 70.43 | ||
| Fwd PE | 77.02 | ||
| P/S | 6.67 | ||
| P/FCF | N/A | ||
| P/OCF | 16.9 | ||
| P/B | 2.85 | ||
| P/tB | 4.05 | ||
| EV/EBITDA | 15.85 |
EPS(TTM)0.29
EY1.42%
EPS(NY)0.27
Fwd EY1.3%
FCF(TTM)-1.11
FCFYN/A
OCF(TTM)1.21
OCFY5.92%
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 | 0.26 |
F-Score6
WACC6.99%
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)252.63%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%300%
EPS Next Y-29.38%
EPS Next 2Y1%
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%