GLADSTONE COMMER - GOOD 6 PERP (GOODO) Stock Fundamental Analysis
NASDAQ:GOODO - Nasdaq - US3765368846 - Currency: USD
GOODO gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 129 industry peers in the Diversified REITs industry. There are concerns on the financial health of GOODO while its profitability can be described as average. GOODO has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
GOODO had positive earnings in the past year.
GOODO had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: GOODO reported negative net income in multiple years.
Each year in the past 5 years GOODO had a positive operating cash flow.
1.2 Ratios
GOODO has a Return On Assets (1.10%) which is comparable to the rest of the industry.
With a decent Return On Equity value of 3.61%, GOODO is doing good in the industry, outperforming 63.57% of the companies in the same industry.
The Return On Invested Capital of GOODO (3.82%) is better than 73.64% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GOODO is in line with the industry average of 3.15%.
The last Return On Invested Capital (3.82%) for GOODO 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
With a Profit Margin value of 8.43%, GOODO perfoms like the industry average, outperforming 58.91% of the companies in the same industry.
Looking at the Operating Margin, with a value of 35.82%, GOODO is in the better half of the industry, outperforming 76.74% of the companies in the same industry.
In the last couple of years the Operating Margin of GOODO has grown nicely.
With a decent Gross Margin value of 78.72%, GOODO is doing good in the industry, outperforming 77.52% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GOODO is destroying value.
The number of shares outstanding for GOODO has been increased compared to 1 year ago.
Compared to 5 years ago, GOODO has more shares outstanding
The debt/assets ratio for GOODO has been reduced compared to a year ago.
2.2 Solvency
GOODO has an Altman-Z score of 0.25. This is a bad value and indicates that GOODO is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.25, GOODO is not doing good in the industry: 63.57% of the companies in the same industry are doing better.
GOODO has a Debt/Equity ratio of 2.06. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of GOODO (2.06) is worse than 73.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.06 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 0.25 |
ROIC/WACC0.54
WACC7.03%
2.3 Liquidity
A Current Ratio of 0.82 indicates that GOODO may have some problems paying its short term obligations.
GOODO has a Current ratio (0.82) which is in line with its industry peers.
A Quick Ratio of 0.71 indicates that GOODO may have some problems paying its short term obligations.
The Quick ratio of GOODO (0.71) is worse than 62.79% 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.
The Revenue has been growing slightly by 5.48% on average over the past years.
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
GOODO is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.88% yearly.
Based on estimates for the next years, GOODO will show a small growth in Revenue. The Revenue will grow by 2.82% on average per year.
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
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
The Price/Earnings ratio is 69.34, which means the current valuation is very expensive for GOODO.
GOODO's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.35, GOODO is valued quite expensively.
The Price/Forward Earnings ratio is 75.83, which means the current valuation is very expensive for GOODO.
GOODO's Price/Forward Earnings is on the same level as the industry average.
When comparing the Price/Forward Earnings ratio of GOODO to the average of the S&P500 Index (22.20), we can say GOODO is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.34 | ||
| Fwd PE | 75.83 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, GOODO is valued a bit more expensive than 63.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.71 |
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 8.66%, which is a nice return.
Compared to an average industry Dividend Yield of 6.93, GOODO pays a better dividend. On top of this GOODO pays more dividend than 82.17% of the companies listed in the same industry.
GOODO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.66% |
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%
20.11
+0.04 (+0.2%)
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 Cap992.23M
Analysts78.18
Price Target24.79 (23.27%)
Short Float %0%
Short Ratio0.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 8.66% |
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)4.63%
PT rev (3m)10.28%
EPS NQ rev (1m)16.68%
EPS NQ rev (3m)-25.33%
EPS NY rev (1m)1.41%
EPS NY rev (3m)-32.71%
Revenue NQ rev (1m)1.48%
Revenue NQ rev (3m)0.76%
Revenue NY rev (1m)1.24%
Revenue NY rev (3m)0.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 69.34 | ||
| Fwd PE | 75.83 | ||
| P/S | 6.56 | ||
| P/FCF | N/A | ||
| P/OCF | 16.64 | ||
| P/B | 2.81 | ||
| P/tB | 3.99 | ||
| EV/EBITDA | 15.71 |
EPS(TTM)0.29
EY1.44%
EPS(NY)0.27
Fwd EY1.32%
FCF(TTM)-1.11
FCFYN/A
OCF(TTM)1.21
OCFY6.01%
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 | 0.25 |
F-Score6
WACC7.03%
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-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%