GLADSTONE LAND CORP - LAND 6 PERP (LANDP) Stock Fundamental Analysis
NASDAQ:LANDP - Nasdaq - US3765494089 - Currency: USD
We assign a fundamental rating of 3 out of 10 to LANDP. LANDP was compared to 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.
LANDP had negative earnings in each of the past 5 years.
Each year in the past 5 years LANDP had a positive operating cash flow.
1.2 Ratios
LANDP has a worse Return On Assets (-0.69%) than 76.67% of its industry peers.
With a Return On Equity value of -1.28%, LANDP is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
With a Return On Invested Capital value of 1.74%, LANDP is not doing good in the industry: 76.67% of the companies in the same industry are doing better.
LANDP had an Average Return On Invested Capital over the past 3 years of 1.93%. This 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
With a Operating Margin value of 34.03%, LANDP perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
LANDP's Operating Margin has declined in the last couple of years.
With an excellent Gross Margin value of 83.18%, LANDP belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
LANDP'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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), LANDP is destroying value.
Compared to 1 year ago, LANDP has more shares outstanding
LANDP has more shares outstanding than it did 5 years ago.
LANDP has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.70, we must say that LANDP is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.70, LANDP is doing worse than 66.67% of the companies in the same industry.
LANDP has a debt to FCF ratio of 22.28. This is a negative value and a sign of low solvency as LANDP would need 22.28 years to pay back of all of its debts.
LANDP has a Debt to FCF ratio (22.28) which is comparable to the rest of the industry.
LANDP has a Debt/Equity ratio of 0.81. This is a neutral value indicating LANDP is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.81, LANDP is doing good in the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.81 | ||
| Debt/FCF | 22.28 | ||
| Altman-Z | 0.7 |
ROIC/WACC0.24
WACC7.26%
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 belongs to the top of the industry, outperforming 83.33% 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 belongs to the top of the industry, outperforming 83.33% 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%.
The Revenue has been growing by 15.93% on average over the past years. This is quite good.
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 LANDP. In the last year negative earnings were reported.
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 is on the same level as the industry average.
LANDP's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 28.55 | ||
| EV/EBITDA | 19.8 |
4.3 Compensation for Growth
LANDP'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 5.92%, LANDP is a good candidate for dividend investing.
LANDP's Dividend Yield is a higher than the industry average which is at 5.71.
LANDP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.92% |
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-503.5%
EPS Next 2Y-15.85%
EPS Next 3Y-13.64%
GLADSTONE LAND CORP - LAND 6 PERP
NASDAQ:LANDP (5/27/2025, 8:00:02 PM)
19.79
-0.17 (-0.85%)
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 Cap716.00M
Analysts76.92
Price Target27.6 (39.46%)
Short Float %0.02%
Short Ratio0.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.92% |
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)9.87%
PT rev (3m)-7.81%
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 | 8.76 | ||
| P/FCF | 28.55 | ||
| P/OCF | 23.4 | ||
| P/B | 1.04 | ||
| P/tB | 1.04 | ||
| EV/EBITDA | 19.8 |
EPS(TTM)-0.24
EYN/A
EPS(NY)-0.38
Fwd EYN/A
FCF(TTM)0.69
FCFY3.5%
OCF(TTM)0.85
OCFY4.27%
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
WACC7.26%
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%