9.86 USD
+0.03 (+0.31%)
We assign a fundamental rating of 2 out of 10 to LAND. LAND was compared to 30 industry peers in the Specialized REITs industry. LAND has a bad profitability rating. Also its financial health evaluation is rather negative. LAND does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
- In the past year LAND has reported negative net income.
- LAND had a positive operating cash flow in the past year.
- LAND had negative earnings in each of the past 5 years.
- LAND had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- LAND has a Return On Assets of -1.15%. This is in the lower half of the industry: LAND underperforms 70.00% of its industry peers.
- The Return On Equity of LAND (-2.14%) is worse than 63.33% of its industry peers.
- With a Return On Invested Capital value of 1.01%, LAND is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
- Measured over the past 3 years, the Average Return On Invested Capital for LAND is below the industry average of 4.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.14% | ||
| ROIC | 1.01% |
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
1.3 Margins
- With a Operating Margin value of 22.88%, LAND perfoms like the industry average, outperforming 46.67% of the companies in the same industry.
- LAND's Operating Margin has declined in the last couple of years.
- With an excellent Gross Margin value of 79.97%, LAND belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
- LAND's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.88% | ||
| PM (TTM) | N/A | ||
| GM | 79.97% |
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LAND is destroying value.
- The number of shares outstanding for LAND has been increased compared to 1 year ago.
- LAND has more shares outstanding than it did 5 years ago.
- Compared to 1 year ago, LAND has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.26, we must say that LAND is in the distress zone and has some risk of bankruptcy.
- With a Altman-Z score value of 0.26, LAND is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
- LAND has a debt to FCF ratio of 819.08. This is a negative value and a sign of low solvency as LAND would need 819.08 years to pay back of all of its debts.
- LAND has a Debt to FCF ratio of 819.08. This is in the lower half of the industry: LAND underperforms 60.00% of its industry peers.
- LAND has a Debt/Equity ratio of 0.82. This is a neutral value indicating LAND is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.82, LAND is doing good in the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 819.08 | ||
| Altman-Z | 0.26 |
ROIC/WACC0.14
WACC7.05%
2.3 Liquidity
- LAND has a Current Ratio of 0.89. This is a bad value and indicates that LAND is not financially healthy enough and could expect problems in meeting its short term obligations.
- Looking at the Current ratio, with a value of 0.89, LAND is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
- LAND has a Quick Ratio of 0.89. This is a bad value and indicates that LAND is not financially healthy enough and could expect problems in meeting its short term obligations.
- LAND has a better Quick ratio (0.89) than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 |
3. Growth
3.1 Past
- LAND shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -52.16%.
- Looking at the last year, LAND shows a very negative growth in Revenue. The Revenue has decreased by -23.25% in the last year.
- Measured over the past years, LAND shows a quite strong growth in Revenue. The Revenue has been growing by 15.93% on average per year.
EPS 1Y (TTM)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
3.2 Future
- The Earnings Per Share is expected to decrease by -13.64% on average over the next years. This is quite bad
- LAND is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.70% yearly.
EPS Next Y80.91%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue Next Year-6.12%
Revenue Next 2Y-0.55%
Revenue Next 3Y0.17%
Revenue Next 5Y6.7%
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
- LAND reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
- Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for LAND. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of LAND is on the same level as its industry peers.
- LAND's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. LAND is more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 556.79 | ||
| EV/EBITDA | 18.13 |
4.3 Compensation for Growth
- A cheap valuation may be justified as LAND's earnings are expected to decrease with -13.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.61%, LAND is a good candidate for dividend investing.
- LAND's Dividend Yield is comparable with the industry average which is at 5.65.
- LAND's Dividend Yield is rather good when compared to the S&P500 average which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
5.2 History
- The dividend of LAND is nicely growing with an annual growth rate of 11.11%!
- LAND has paid a dividend for at least 10 years, which is a reliable track record.
- LAND has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)11.11%
Div Incr Years10
Div Non Decr Years10
5.3 Sustainability
- The earnings of LAND are negative and hence is the payout ratio. LAND will probably not be able to sustain this dividend level.
DP-312.9%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
NASDAQ:LAND (1/21/2026, 9:35:44 AM)
9.86
+0.03 (+0.31%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-05 2025-11-05/amc
Earnings (Next)02-24 2026-02-24/amc
Inst Owners45.48%
Inst Owner Change-0.06%
Ins Owners6.77%
Ins Owner Change0%
Market Cap367.48M
Revenue(TTM)67.98M
Net Income(TTM)-14.15M
Analysts73.85
Price Target11.05 (12.07%)
Short Float %5.07%
Short Ratio3.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.61% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-312.9%
Div Incr Years10
Div Non Decr Years10
Ex-Date03-23 2026-03-23 (0.0467)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-5.99%
Min EPS beat(2)-71.29%
Max EPS beat(2)59.3%
EPS beat(4)2
Avg EPS beat(4)111.39%
Min EPS beat(4)-71.29%
Max EPS beat(4)480.09%
EPS beat(8)3
Avg EPS beat(8)70.23%
EPS beat(12)5
Avg EPS beat(12)48.01%
EPS beat(16)6
Avg EPS beat(16)29.03%
Revenue beat(2)1
Avg Revenue beat(2)-3.62%
Min Revenue beat(2)-22.85%
Max Revenue beat(2)15.61%
Revenue beat(4)3
Avg Revenue beat(4)-1.52%
Min Revenue beat(4)-22.85%
Max Revenue beat(4)15.61%
Revenue beat(8)5
Avg Revenue beat(8)-1.49%
Revenue beat(12)6
Avg Revenue beat(12)-1.34%
Revenue beat(16)8
Avg Revenue beat(16)-0.47%
PT rev (1m)0%
PT rev (3m)3.17%
EPS NQ rev (1m)0%
EPS NQ rev (3m)522.23%
EPS NY rev (1m)0%
EPS NY rev (3m)85.39%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)20.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)11.39%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 5.41 | ||
| P/FCF | 556.79 | ||
| P/OCF | 46.15 | ||
| P/B | 0.56 | ||
| P/tB | 0.56 | ||
| EV/EBITDA | 18.13 |
EPS(TTM)-0.39
EYN/A
EPS(NY)-0.41
Fwd EYN/A
FCF(TTM)0.02
FCFY0.18%
OCF(TTM)0.21
OCFY2.17%
SpS1.82
BVpS17.76
TBVpS17.66
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -2.14% | ||
| ROCE | 1.28% | ||
| ROIC | 1.01% | ||
| ROICexc | 1.02% | ||
| ROICexgc | 1.06% | ||
| OM | 22.88% | ||
| PM (TTM) | N/A | ||
| GM | 79.97% | ||
| FCFM | 0.97% |
ROA(3y)-0.85%
ROA(5y)-0.72%
ROE(3y)-1.65%
ROE(5y)-1.52%
ROIC(3y)1.93%
ROIC(5y)1.95%
ROICexc(3y)1.98%
ROICexc(5y)1.98%
ROICexgc(3y)2.09%
ROICexgc(5y)2.07%
ROCE(3y)2.44%
ROCE(5y)2.47%
ROICexgc growth 3Y1.97%
ROICexgc growth 5Y1.31%
ROICexc growth 3Y0.88%
ROICexc growth 5Y0.2%
OM growth 3Y-4.35%
OM growth 5Y-4.94%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-1.65%
GM growth 5Y-0.26%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.82 | ||
| Debt/FCF | 819.08 | ||
| Debt/EBITDA | 10.94 | ||
| Cap/Depr | 21.57% | ||
| Cap/Sales | 10.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 16.12% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.89 | ||
| Altman-Z | 0.26 |
F-Score4
WACC7.05%
ROIC/WACC0.14
Cap/Depr(3y)93.88%
Cap/Depr(5y)598.97%
Cap/Sales(3y)37.45%
Cap/Sales(5y)195.81%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-52.16%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.25%
EPS Next Y80.91%
EPS Next 2Y-20.64%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-23.25%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-21.2%
Revenue Next Year-6.12%
Revenue Next 2Y-0.55%
Revenue Next 3Y0.17%
Revenue Next 5Y6.7%
EBIT growth 1Y-52.78%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year100.14%
EBIT Next 3Y31.82%
EBIT Next 5YN/A
FCF growth 1Y-97.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-81.65%
OCF growth 3Y-3%
OCF growth 5Y6.7%
GLADSTONE LAND CORP / LAND FAQ
What is the fundamental rating for LAND stock?
ChartMill assigns a fundamental rating of 2 / 10 to LAND.
What is the valuation status for LAND stock?
ChartMill assigns a valuation rating of 0 / 10 to GLADSTONE LAND CORP (LAND). This can be considered as Overvalued.
What is the profitability of LAND stock?
GLADSTONE LAND CORP (LAND) has a profitability rating of 2 / 10.
Is the dividend of GLADSTONE LAND CORP sustainable?
The dividend rating of GLADSTONE LAND CORP (LAND) is 6 / 10 and the dividend payout ratio is -312.9%.