GLADSTONE LAND CORP - LAND 5 01/31/26 (LANDM) Stock Fundamental Analysis
NASDAQ:LANDM - Nasdaq - US3765495078 - Currency: USD
LANDM gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. While LANDM seems to be doing ok healthwise, there are quite some concerns on its profitability. LANDM has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year LANDM has reported negative net income.
LANDM had a positive operating cash flow in the past year.
In the past 5 years LANDM always reported negative net income.
Each year in the past 5 years LANDM had a positive operating cash flow.
1.2 Ratios
The Return On Assets of LANDM (-0.69%) is worse than 83.33% of its industry peers.
With a Return On Equity value of -1.28%, LANDM is not doing good in the industry: 73.33% of the companies in the same industry are doing better.
LANDM's Return On Invested Capital of 1.74% is on the low side compared to the rest of the industry. LANDM is outperformed by 83.33% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LANDM is below the industry average of 5.27%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.69% | ||
| ROE | -1.28% | ||
| ROIC | 1.74% |
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
LANDM has a Operating Margin of 34.03%. This is comparable to the rest of the industry: LANDM outperforms 43.33% of its industry peers.
LANDM's Operating Margin has declined in the last couple of years.
The Gross Margin of LANDM (83.18%) is better than 76.67% of its industry peers.
LANDM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 34.03% | ||
| PM (TTM) | N/A | ||
| GM | 83.18% |
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
LANDM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for LANDM has been increased compared to 1 year ago.
Compared to 5 years ago, LANDM has more shares outstanding
The debt/assets ratio for LANDM has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.88, we must say that LANDM is in the distress zone and has some risk of bankruptcy.
LANDM's Altman-Z score of 0.88 is in line compared to the rest of the industry. LANDM outperforms 46.67% of its industry peers.
LANDM has a debt to FCF ratio of 22.28. This is a negative value and a sign of low solvency as LANDM would need 22.28 years to pay back of all of its debts.
With a Debt to FCF ratio value of 22.28, LANDM is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
A Debt/Equity ratio of 0.81 indicates that LANDM is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.81, LANDM is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 22.28 | ||
| Altman-Z | 0.88 |
ROIC/WACC0.24
WACC7.34%
2.3 Liquidity
A Current Ratio of 2.25 indicates that LANDM has no problem at all paying its short term obligations.
LANDM has a better Current ratio (2.25) than 76.67% of its industry peers.
A Quick Ratio of 2.25 indicates that LANDM has no problem at all paying its short term obligations.
The Quick ratio of LANDM (2.25) is better than 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 |
3. Growth
3.1 Past
LANDM shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -505.00%.
The Revenue has decreased by -8.58% in the past year.
LANDM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 15.93% yearly.
EPS 1Y (TTM)-505%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
Revenue 1Y (TTM)-8.58%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-17.03%
3.2 Future
The Earnings Per Share is expected to decrease by -13.64% on average over the next years. This is quite bad
The Revenue is expected to grow by 6.70% on average over the next years.
EPS Next Y15%
EPS Next 2Y-15.85%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue Next Year-5.57%
Revenue Next 2Y-0.18%
Revenue Next 3Y1.08%
Revenue Next 5Y6.7%
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 negative for LANDM. In the last year negative earnings were reported.
Also next year LANDM is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
LANDM's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. LANDM is more expensive than 73.33% of the companies in the same industry.
63.33% of the companies in the same industry are cheaper than LANDM, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.59 | ||
| EV/EBITDA | 22.53 |
4.3 Compensation for Growth
LANDM's earnings are expected to decrease with -13.64% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-15.85%
EPS Next 3Y-13.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.68%, LANDM is a good candidate for dividend investing.
LANDM's Dividend Yield is rather good when compared to the industry average which is at 5.60. LANDM pays more dividend than 83.33% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, LANDM pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
On average, the dividend of LANDM grows each year by 11.11%, which is quite nice.
LANDM has been paying a dividend for over 5 years, so it has already some track record.
LANDM has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.11%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
The earnings of LANDM are negative and hence is the payout ratio. LANDM will probably not be able to sustain this dividend level.
DP-503.5%
EPS Next 2Y-15.85%
EPS Next 3Y-13.64%
GLADSTONE LAND CORP - LAND 5 01/31/26
NASDAQ:LANDM (5/30/2025, 8:10:50 PM)
24.67
+0.02 (+0.08%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners48.43%
Inst Owner ChangeN/A
Ins Owners6.99%
Ins Owner ChangeN/A
Market Cap892.56M
Analysts76.92
Price Target33.29 (34.94%)
Short Float %0%
Short Ratio0.36
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-503.5%
Div Incr Years0
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)228.77%
Min EPS beat(2)-22.55%
Max EPS beat(2)480.09%
EPS beat(4)1
Avg EPS beat(4)88.89%
Min EPS beat(4)-51.14%
Max EPS beat(4)480.09%
EPS beat(8)4
Avg EPS beat(8)90.85%
EPS beat(12)4
Avg EPS beat(12)44.73%
EPS beat(16)6
Avg EPS beat(16)26.67%
Revenue beat(2)2
Avg Revenue beat(2)0.58%
Min Revenue beat(2)0.02%
Max Revenue beat(2)1.13%
Revenue beat(4)4
Avg Revenue beat(4)1.83%
Min Revenue beat(4)0.02%
Max Revenue beat(4)3.68%
Revenue beat(8)5
Avg Revenue beat(8)-0.39%
Revenue beat(12)6
Avg Revenue beat(12)-0.35%
Revenue beat(16)8
Avg Revenue beat(16)0.34%
PT rev (1m)2.45%
PT rev (3m)-0.1%
EPS NQ rev (1m)-15.42%
EPS NQ rev (3m)4.53%
EPS NY rev (1m)25.2%
EPS NY rev (3m)44.12%
Revenue NQ rev (1m)-9.52%
Revenue NQ rev (3m)-15.13%
Revenue NY rev (1m)-0.68%
Revenue NY rev (3m)-9.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 10.92 | ||
| P/FCF | 35.59 | ||
| P/OCF | 29.17 | ||
| P/B | 1.29 | ||
| P/tB | 1.3 | ||
| EV/EBITDA | 22.53 |
EPS(TTM)-0.24
EYN/A
EPS(NY)-0.38
Fwd EYN/A
FCF(TTM)0.69
FCFY2.81%
OCF(TTM)0.85
OCFY3.43%
SpS2.26
BVpS19.07
TBVpS18.96
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.69% | ||
| ROE | -1.28% | ||
| ROCE | 2.2% | ||
| ROIC | 1.74% | ||
| ROICexc | 1.8% | ||
| ROICexgc | 1.93% | ||
| OM | 34.03% | ||
| PM (TTM) | N/A | ||
| GM | 83.18% | ||
| FCFM | 30.67% |
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%
ROICexcg growth 3Y1.97%
ROICexcg 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 | 0.81 | ||
| Debt/FCF | 22.28 | ||
| Debt/EBITDA | 8.94 | ||
| Cap/Depr | 15.9% | ||
| Cap/Sales | 6.74% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 48.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 | ||
| Altman-Z | 0.88 |
F-Score4
WACC7.34%
ROIC/WACC0.24
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)-505%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%20%
EPS Next Y15%
EPS Next 2Y-15.85%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue 1Y (TTM)-8.58%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-17.03%
Revenue Next Year-5.57%
Revenue Next 2Y-0.18%
Revenue Next 3Y1.08%
Revenue Next 5Y6.7%
EBIT growth 1Y-16.76%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year119.46%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y161.8%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-25.29%
OCF growth 3Y-3%
OCF growth 5Y6.7%