GLADSTONE LAND CORP - LAND 6 PERP (LANDP) Stock Fundamental Analysis
USA - NASDAQ:LANDP - US3765494089
19.365 USD
-0.02 (-0.08%)
Overall LANDP gets a fundamental rating of 2 out of 10. We evaluated LANDP against 30 industry peers in the Specialized REITs industry. Both the profitability and financial health of LANDP have multiple concerns. LANDP is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year LANDP has reported negative net income.
LANDP had a positive operating cash flow in the past year.
LANDP had negative earnings in each of the past 5 years.
In the past 5 years LANDP always reported a positive cash flow from operatings.
1.2 Ratios
LANDP has a worse Return On Assets (-1.27%) than 76.67% of its industry peers.
LANDP has a worse Return On Equity (-2.39%) than 66.67% of its industry peers.
LANDP has a worse Return On Invested Capital (1.26%) than 80.00% of its industry peers.
LANDP had an Average Return On Invested Capital over the past 3 years of 1.93%. This is below the industry average of 4.79%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.27% | ||
| ROE | -2.39% | ||
| ROIC | 1.26% |
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
LANDP has a Operating Margin (27.11%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of LANDP has declined.
LANDP has a better Gross Margin (81.19%) than 80.00% of its industry peers.
In the last couple of years the Gross Margin of LANDP has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.11% | ||
| PM (TTM) | N/A | ||
| GM | 81.19% |
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
LANDP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, LANDP has more shares outstanding
The number of shares outstanding for LANDP has been increased compared to 5 years ago.
The debt/assets ratio for LANDP has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.63, we must say that LANDP is in the distress zone and has some risk of bankruptcy.
LANDP has a worse Altman-Z score (0.63) than 70.00% of its industry peers.
The Debt to FCF ratio of LANDP is 49.97, which is on the high side as it means it would take LANDP, 49.97 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 49.97, LANDP is doing worse than 60.00% of the companies in the same industry.
A Debt/Equity ratio of 0.83 indicates that LANDP is somewhat dependend on debt financing.
The Debt to Equity ratio of LANDP (0.83) is better than 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 49.97 | ||
| Altman-Z | 0.63 |
ROIC/WACC0.18
WACC7.04%
2.3 Liquidity
LANDP has a Current Ratio of 1.79. This is a normal value and indicates that LANDP is financially healthy and should not expect problems in meeting its short term obligations.
LANDP has a better Current ratio (1.79) than 83.33% of its industry peers.
LANDP has a Quick Ratio of 1.79. This is a normal value and indicates that LANDP is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.79, LANDP belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 |
3. Growth
3.1 Past
LANDP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -150.29%.
Looking at the last year, LANDP shows a very negative growth in Revenue. The Revenue has decreased by -18.72% in the last year.
The Revenue has been growing by 15.93% on average over the past years. This is quite good.
EPS 1Y (TTM)-150.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-105.41%
Revenue 1Y (TTM)-18.72%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-42.26%
3.2 Future
The Earnings Per Share is expected to decrease by -23.00% on average over the next years. This is quite bad
LANDP is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 6.70% yearly.
EPS Next Y-30.63%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
EPS Next 5YN/A
Revenue Next Year-15.72%
Revenue Next 2Y-1.22%
Revenue Next 3Y-0.21%
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
LANDP reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year LANDP 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
66.67% of the companies in the same industry are cheaper than LANDP, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, LANDP is valued a bit more expensive than 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 62.92 | ||
| EV/EBITDA | 22.72 |
4.3 Compensation for Growth
A cheap valuation may be justified as LANDP's earnings are expected to decrease with -23.00% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-39.02%
EPS Next 3Y-23%
5. Dividend
5.1 Amount
LANDP has a Yearly Dividend Yield of 6.11%, which is a nice return.
Compared to an average industry Dividend Yield of 5.76, LANDP pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.35, LANDP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.11% |
5.2 History
On average, the dividend of LANDP grows each year by 11.11%, which is quite nice.
LANDP has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)11.11%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
The earnings of LANDP are negative and hence is the payout ratio. LANDP will probably not be able to sustain this dividend level.
DP-276.17%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
GLADSTONE LAND CORP - LAND 6 PERP
NASDAQ:LANDP (10/23/2025, 8:14:08 PM)
19.365
-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 Owners45.28%
Inst Owner ChangeN/A
Ins Owners6.97%
Ins Owner ChangeN/A
Market Cap700.63M
Revenue(TTM)72.77M
Net Income(TTM)-16024000
Analysts76.92
Price Target22.83 (17.89%)
Short Float %0.01%
Short Ratio0.13
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.11% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-276.17%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)204.4%
Min EPS beat(2)-71.29%
Max EPS beat(2)480.09%
EPS beat(4)1
Avg EPS beat(4)83.86%
Min EPS beat(4)-71.29%
Max EPS beat(4)480.09%
EPS beat(8)3
Avg EPS beat(8)64.81%
EPS beat(12)4
Avg EPS beat(12)38.91%
EPS beat(16)6
Avg EPS beat(16)26.86%
Revenue beat(2)1
Avg Revenue beat(2)-11.41%
Min Revenue beat(2)-22.85%
Max Revenue beat(2)0.02%
Revenue beat(4)3
Avg Revenue beat(4)-4.81%
Min Revenue beat(4)-22.85%
Max Revenue beat(4)2.47%
Revenue beat(8)5
Avg Revenue beat(8)-2.84%
Revenue beat(12)6
Avg Revenue beat(12)-1.96%
Revenue beat(16)8
Avg Revenue beat(16)-0.99%
PT rev (1m)3.29%
PT rev (3m)0.43%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-125.53%
EPS NY rev (1m)-39.05%
EPS NY rev (3m)-165.45%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-23.48%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-10.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 9.63 | ||
| P/FCF | 62.92 | ||
| P/OCF | 37.61 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 22.72 |
EPS(TTM)-0.44
EYN/A
EPS(NY)-0.55
Fwd EYN/A
FCF(TTM)0.31
FCFY1.59%
OCF(TTM)0.51
OCFY2.66%
SpS2.01
BVpS18.52
TBVpS18.42
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.27% | ||
| ROE | -2.39% | ||
| ROCE | 1.59% | ||
| ROIC | 1.26% | ||
| ROICexc | 1.29% | ||
| ROICexgc | 1.33% | ||
| OM | 27.11% | ||
| PM (TTM) | N/A | ||
| GM | 81.19% | ||
| FCFM | 15.3% |
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-Score3
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.83 | ||
| Debt/FCF | 49.97 | ||
| Debt/EBITDA | 10.31 | ||
| Cap/Depr | 21.88% | ||
| Cap/Sales | 10.3% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 34.51% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.79 | ||
| Quick Ratio | 1.79 | ||
| Altman-Z | 0.63 |
F-Score3
WACC7.04%
ROIC/WACC0.18
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)-150.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-105.41%
EPS Next Y-30.63%
EPS Next 2Y-39.02%
EPS Next 3Y-23%
EPS Next 5YN/A
Revenue 1Y (TTM)-18.72%
Revenue growth 3Y4.2%
Revenue growth 5Y15.93%
Sales Q2Q%-42.26%
Revenue Next Year-15.72%
Revenue Next 2Y-1.22%
Revenue Next 3Y-0.21%
Revenue Next 5Y6.7%
EBIT growth 1Y-40.9%
EBIT growth 3Y-0.33%
EBIT growth 5Y10.2%
EBIT Next Year92.85%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y273.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-60.37%
OCF growth 3Y-3%
OCF growth 5Y6.7%