GLADSTONE LAND CORP - LAND 6 PERP (LANDP) Stock Fundamental Analysis
NASDAQ:LANDP - Nasdaq - US3765494089 - Currency: USD
LANDP gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. LANDP scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
In the past 5 years LANDP always reported negative net income.
Each year in the past 5 years LANDP had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of -0.69%, LANDP is doing worse than 80.00% of the companies in the same industry.
Looking at the Return On Equity, with a value of -1.28%, LANDP is doing worse than 70.00% of the companies in the same industry.
LANDP has a Return On Invested Capital of 1.74%. This is amonst the worse of the industry: LANDP underperforms 80.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for LANDP is below the industry average of 5.28%.
| 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
LANDP's Operating Margin of 34.03% is in line compared to the rest of the industry. LANDP outperforms 46.67% of its industry peers.
LANDP's Operating Margin has declined in the last couple of years.
With a decent Gross Margin value of 83.18%, LANDP is doing good in the industry, outperforming 80.00% of the companies in the same industry.
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 | 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
LANDP 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 LANDP has been increased compared to 1 year ago.
LANDP has more shares outstanding than it did 5 years ago.
LANDP has a better debt/assets ratio than last year.
2.2 Solvency
LANDP has an Altman-Z score of 0.70. This is a bad value and indicates that LANDP is not financially healthy and even has some risk of bankruptcy.
LANDP has a worse Altman-Z score (0.70) than 63.33% of its industry peers.
The Debt to FCF ratio of LANDP is 22.28, which is on the high side as it means it would take LANDP, 22.28 years of fcf income to pay off all of its debts.
LANDP has a Debt to FCF ratio of 22.28. This is in the lower half of the industry: LANDP underperforms 60.00% of its industry peers.
LANDP has a Debt/Equity ratio of 0.81. This is a neutral value indicating LANDP is somewhat dependend on debt financing.
LANDP's Debt to Equity ratio of 0.81 is fine compared to the rest of the industry. LANDP outperforms 70.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 22.28 | ||
| Altman-Z | 0.7 |
ROIC/WACC0.24
WACC7.25%
2.3 Liquidity
LANDP has a Current Ratio of 2.25. This indicates that LANDP is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.25, LANDP is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
LANDP has a Quick Ratio of 2.25. This indicates that LANDP is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.25, LANDP is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.25 | ||
| Quick Ratio | 2.25 |
3. Growth
3.1 Past
The earnings per share for LANDP have decreased strongly by -505.00% in the last year.
LANDP shows a decrease in Revenue. In the last year, the revenue decreased by -8.58%.
Measured over the past years, LANDP shows a quite strong growth in Revenue. The Revenue has been growing by 15.93% on average per year.
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
Based on estimates for the next years, LANDP will show a small growth in Revenue. The Revenue will grow by 6.70% on average per year.
EPS Next Y50.79%
EPS Next 2Y-32.43%
EPS Next 3Y-13.64%
EPS Next 5YN/A
Revenue Next Year-6.23%
Revenue Next 2Y0.62%
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
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
LANDP's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. LANDP is more expensive than 63.33% of the companies in the same industry.
LANDP's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.77 | ||
| EV/EBITDA | 19.79 |
4.3 Compensation for Growth
A cheap valuation may be justified as LANDP's earnings are expected to decrease with -13.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-32.43%
EPS Next 3Y-13.64%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 5.30%, LANDP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 5.78, LANDP pays a bit more dividend than its industry peers.
LANDP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.3% |
5.2 History
The dividend of LANDP is nicely growing with an annual growth rate of 11.11%!
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
LANDP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
DP-503.5%
EPS Next 2Y-32.43%
EPS Next 3Y-13.64%
GLADSTONE LAND CORP - LAND 6 PERP
NASDAQ:LANDP (7/11/2025, 8:00:02 PM)
19.945
+0.32 (+1.6%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners46.06%
Inst Owner ChangeN/A
Ins Owners6.97%
Ins Owner ChangeN/A
Market Cap721.61M
Analysts76.92
Price Target22.55 (13.06%)
Short Float %0.01%
Short Ratio0.21
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.3% |
Yearly Dividend1.23
Dividend Growth(5Y)11.11%
DP-503.5%
Div Incr Years1
Div Non Decr Years1
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)-1.38%
PT rev (3m)-10.23%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-29.85%
EPS NY rev (1m)42.11%
EPS NY rev (3m)56.69%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-9.02%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.37%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 8.83 | ||
| P/FCF | 28.77 | ||
| P/OCF | 23.59 | ||
| P/B | 1.05 | ||
| P/tB | 1.05 | ||
| EV/EBITDA | 19.79 |
EPS(TTM)-0.24
EYN/A
EPS(NY)-0.5
Fwd EYN/A
FCF(TTM)0.69
FCFY3.48%
OCF(TTM)0.85
OCFY4.24%
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 | 0.7 |
F-Score4
WACC7.25%
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 Y50.79%
EPS Next 2Y-32.43%
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-6.23%
Revenue Next 2Y0.62%
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%