Financials Gladstone Commercial Corporation

Equities

GOOD

US3765361080

Diversified REITs

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
13.33 USD +0.68% Intraday chart for Gladstone Commercial Corporation +1.37% +0.68%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 682.7 616.8 960.4 732.7 528.9 537.4 - -
Enterprise Value (EV) 1 682.7 616.8 960.4 732.7 528.9 537.4 537.4 537.4
P/E ratio -137 x 200 x -215 x -231 x -69.7 x 889 x 667 x -
Yield 6.86% 8.34% 5.83% 8.13% 9.06% 9% 9% 9%
Capitalization / Revenue 5.97 x 4.63 x 6.98 x 4.92 x 3.58 x 3.68 x 3.6 x 3.63 x
EV / Revenue 5.97 x 4.63 x 6.98 x 4.92 x 3.58 x 3.68 x 3.6 x 3.63 x
EV / EBITDA 7.76 x 6.68 x 10.1 x 7.89 x 4.87 x 5.04 x 4.88 x -
EV / FCF 13 x 10.4 x - 11.8 x - -0.33 x 4.84 x 4.76 x
FCF Yield 7.71% 9.59% - 8.51% - -300% 20.6% 21%
Price to Book - - - - - - - -
Nbr of stocks (in thousands) 31,229 34,268 37,268 39,607 39,949 40,314 - -
Reference price 2 21.86 18.00 25.77 18.50 13.24 13.33 13.33 13.33
Announcement Date 2/12/20 2/16/21 2/15/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 114.4 133.2 137.7 149 147.6 146.1 149.2 148
EBITDA 1 88.01 92.34 95.2 92.89 108.6 106.7 110.2 -
EBIT 1 34.16 33.3 34.89 31.22 31.48 51.01 50.46 -
Operating Margin 29.86% 25.01% 25.34% 20.96% 21.33% 34.92% 33.81% -
Earnings before Tax (EBT) - - - - - - - -
Net income 1 -4.76 3.149 -4.554 -3.062 -7.801 0.159 -0.00433 -
Net margin -4.16% 2.36% -3.31% -2.06% -5.29% 0.11% -0% -
EPS 2 -0.1600 0.0900 -0.1200 -0.0800 -0.1900 0.0150 0.0200 -
Free Cash Flow 1 52.62 59.13 - 62.36 - -1,610 110.9 112.9
FCF margin 46.01% 44.41% - 41.85% - -1,102% 74.34% 76.26%
FCF Conversion (EBITDA) 59.79% 64.04% - 67.13% - - 100.7% -
FCF Conversion (Net income) - 1,877.87% - - - - - -
Dividend per Share 2 1.500 1.502 1.502 1.505 1.200 1.200 1.200 1.200
Announcement Date 2/12/20 2/16/21 2/15/22 2/22/23 2/21/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 34.33 35.31 35.53 36.4 39.83 37.22 36.55 38.66 36.46 35.91 36.29 36.63 36.54 36.62 37.05
EBITDA 1 23.6 24.54 24.56 23.79 18.15 26.38 26.59 28.7 26.12 27.22 26.39 26.67 26.69 26.92 27.41
EBIT 1 8.836 9.895 9.873 8.574 2.386 10.39 11.12 4.942 6.877 7.772 12.59 13.02 12.77 12.58 12.67
Operating Margin 25.74% 28.03% 27.79% 23.56% 5.99% 27.92% 30.42% 12.78% 18.86% 21.64% 34.69% 35.54% 34.96% 34.34% 34.21%
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 1.439 -0.007 0.322 -1.499 -0.6 -1.284 -0.7 -7.685 -1.416 1.339 -0.0597 0.098 0.0353 0.0853 0.1675
Net margin 4.19% -0.02% 0.91% -4.12% -1.51% -3.45% -1.91% -19.88% -3.88% 3.73% -0.16% 0.27% 0.1% 0.23% 0.45%
EPS 2 0.0400 - 0.0100 -0.0400 -0.0200 -0.0300 -0.0200 -0.1900 -0.0400 0.0300 - 0.005000 - - 0.005000
Dividend per Share 2 0.3754 0.3758 0.3762 0.3762 0.3762 0.3762 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000 0.3000
Announcement Date 11/1/21 2/15/22 5/4/22 8/1/22 11/7/22 2/22/23 5/3/23 8/8/23 11/6/23 2/21/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 52.6 59.1 - 62.4 - -1,610 111 113
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share - - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 7.57 6.36 5.35 6.82 - 5.4 - -
Capex / Sales 6.62% 4.78% 3.88% 4.58% - 3.7% - -
Announcement Date 2/12/20 2/16/21 2/15/22 2/22/23 2/21/24 - - -
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
D
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
13.33 USD
Average target price
14 USD
Spread / Average Target
+5.03%
Consensus
  1. Stock Market
  2. Equities
  3. GOOD Stock
  4. Financials Gladstone Commercial Corporation