Gladstone Land Corporation Logo

Gladstone Land Corporation

LANDM

(1.8)
Stock Price

24,60 USD

1.31% ROA

2.05% ROE

27.55x PER

Market Cap.

487.760.624,00 USD

85.98% DER

4.1% Yield

16.45% NPM

Gladstone Land Corporation Stock Analysis

Gladstone Land Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Gladstone Land Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.7x) suggests it's undervalued, making it an attractive opportunity for investors.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 DER

The stock has a reasonable amount of debt compared to its ownership (81%), suggesting a balanced financial position and a moderate level of risk.

4 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

5 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

6 ROE

Negative ROE (-0.24%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-0.12%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

10 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-542) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Gladstone Land Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Gladstone Land Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Gladstone Land Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Gladstone Land Corporation Revenue
Year Revenue Growth
2010 2.418.111
2011 2.964.082 18.42%
2012 3.390.594 12.58%
2013 4.038.138 16.04%
2014 7.184.922 43.8%
2015 11.901.461 39.63%
2016 17.316.617 31.27%
2017 25.122.000 31.07%
2018 36.687.000 31.52%
2019 40.692.000 9.84%
2020 57.031.000 28.65%
2021 75.318.000 24.28%
2022 89.236.000 15.6%
2023 94.136.000 5.21%
2023 90.398.000 -4.14%
2024 85.188.000 -6.12%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Gladstone Land Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Gladstone Land Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2010 528.770
2011 1.050.613 49.67%
2012 771.634 -36.15%
2013 1.644.005 53.06%
2014 2.894.440 43.2%
2015 3.023.104 4.26%
2016 3.806.891 20.59%
2017 4.529.000 15.94%
2018 5.477.000 17.31%
2019 5.276.000 -3.81%
2020 7.839.000 32.7%
2021 9.994.000 21.56%
2022 13.052.000 23.43%
2023 4.896.000 -166.58%
2023 13.782.000 64.48%
2024 13.604.000 -1.31%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Gladstone Land Corporation EBITDA
Year EBITDA Growth
2010 1.894.967
2011 1.862.749 -1.73%
2012 2.535.652 26.54%
2013 2.289.867 -10.73%
2014 3.903.488 41.34%
2015 8.197.852 52.38%
2016 11.922.457 31.24%
2017 17.113.000 30.33%
2018 20.027.000 14.55%
2019 31.201.000 35.81%
2020 44.341.000 29.63%
2021 58.171.000 23.77%
2022 69.726.000 16.57%
2023 36.976.000 -88.57%
2023 71.291.000 48.13%
2024 66.708.000 -6.87%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Gladstone Land Corporation Gross Profit
Year Gross Profit Growth
2010 2.410.595
2011 2.902.498 16.95%
2012 3.301.223 12.08%
2013 3.918.675 15.76%
2014 6.750.408 41.95%
2015 11.172.425 39.58%
2016 16.646.666 32.88%
2017 23.957.000 30.51%
2018 34.644.000 30.85%
2019 38.219.000 9.35%
2020 55.183.000 30.74%
2021 72.782.000 24.18%
2022 86.417.000 15.78%
2023 0 0%
2023 86.197.000 100%
2024 36.756.000 -134.51%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Gladstone Land Corporation Net Profit
Year Net Profit Growth
2010 560.523
2011 6.219 -8913.07%
2012 600.373 98.96%
2013 -1.224.683 149.02%
2014 -125.133 -878.71%
2015 568.545 122.01%
2016 448.102 -26.88%
2017 -31.000 1545.49%
2018 2.629.000 101.18%
2019 -13.695.000 119.2%
2020 -15.730.000 12.94%
2021 -20.550.000 23.45%
2022 -21.022.000 2.25%
2023 12.564.000 267.32%
2023 14.565.000 13.74%
2024 -3.292.000 542.44%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Gladstone Land Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2010 0
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 -1 0%
2020 -1 0%
2021 -1 0%
2022 -1 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Gladstone Land Corporation Free Cashflow
Year Free Cashflow Growth
2010 665.261
2011 1.898.093 64.95%
2012 1.137.777 -66.82%
2013 -1.271.958 189.45%
2014 924.538 237.58%
2015 1.507.189 38.66%
2016 -1.394.916 208.05%
2017 1.304.000 206.97%
2018 -12.197.000 110.69%
2019 9.080.000 234.33%
2020 8.492.000 -6.92%
2021 26.257.000 67.66%
2022 23.662.000 -10.97%
2023 27.276.000 13.25%
2023 -4.207.000 748.35%
2024 15.072.000 127.91%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Gladstone Land Corporation Operating Cashflow
Year Operating Cashflow Growth
2010 665.261
2011 1.898.093 64.95%
2012 1.137.777 -66.82%
2013 -460.353 347.15%
2014 3.543.622 112.99%
2015 4.753.835 25.46%
2016 8.402.522 43.42%
2017 6.515.000 -28.97%
2018 10.408.000 37.4%
2019 21.370.000 51.3%
2020 25.002.000 14.53%
2021 32.377.000 22.78%
2022 43.788.000 26.06%
2023 40.081.000 -9.25%
2023 80.000 -50001.25%
2024 15.913.000 99.5%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Gladstone Land Corporation Capital Expenditure
Year Capital Expenditure Growth
2010 0
2011 0 0%
2012 0 0%
2013 811.605 100%
2014 2.619.084 69.01%
2015 3.246.646 19.33%
2016 9.797.438 66.86%
2017 5.211.000 -88.01%
2018 22.605.000 76.95%
2019 12.290.000 -83.93%
2020 16.510.000 25.56%
2021 6.120.000 -169.77%
2022 20.126.000 69.59%
2023 12.805.000 -57.17%
2023 4.287.000 -198.69%
2024 841.000 -409.75%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Gladstone Land Corporation Equity
Year Equity Growth
2010 8.547.633
2011 7.536.353 -13.42%
2012 8.136.726 7.38%
2013 48.511.992 83.23%
2014 59.969.328 19.11%
2015 78.006.719 23.12%
2016 87.777.162 11.13%
2017 117.951.000 25.58%
2018 181.053.000 34.85%
2019 278.970.000 35.1%
2020 1.027.929.000 72.86%
2021 589.066.000 -74.5%
2022 1.357.937.000 56.62%
2023 731.486.000 -85.64%
2023 1.336.560.000 45.27%
2024 708.469.000 -88.65%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Gladstone Land Corporation Assets
Year Assets Growth
2010 29.034.484
2011 32.768.277 11.39%
2012 40.500.901 19.09%
2013 93.673.464 56.76%
2014 151.702.624 38.25%
2015 229.738.247 33.97%
2016 333.985.019 31.21%
2017 462.278.000 27.75%
2018 565.119.000 18.2%
2019 816.787.000 30.81%
2020 1.067.289.000 23.47%
2021 1.351.550.000 21.03%
2022 1.457.251.000 7.25%
2023 1.406.112.000 -3.64%
2023 1.387.324.000 -1.35%
2024 1.352.553.000 -2.57%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Gladstone Land Corporation Liabilities
Year Liabilities Growth
2010 20.486.851
2011 25.231.924 18.81%
2012 32.364.175 22.04%
2013 45.161.472 28.34%
2014 91.733.296 50.77%
2015 151.731.528 39.54%
2016 246.207.857 38.37%
2017 344.327.000 28.5%
2018 384.066.000 10.35%
2019 537.817.000 28.59%
2020 683.499.000 21.31%
2021 762.484.000 10.36%
2022 725.889.000 -5.04%
2023 674.626.000 -7.6%
2023 667.711.000 -1.04%
2024 644.084.000 -3.67%

Gladstone Land Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.5
Net Income per Share
0.49
Price to Earning Ratio
27.55x
Price To Sales Ratio
5.45x
POCF Ratio
13.24
PFCF Ratio
17.8
Price to Book Ratio
0.69
EV to Sales
11.71
EV Over EBITDA
17.45
EV to Operating CashFlow
28.47
EV to FreeCashFlow
38.27
Earnings Yield
0.04
FreeCashFlow Yield
0.06
Market Cap
0,49 Bil.
Enterprise Value
1,05 Bil.
Graham Number
14.82
Graham NetNet
-16.58

Income Statement Metrics

Net Income per Share
0.49
Income Quality
2.08
ROE
0.02
Return On Assets
0.01
Return On Capital Employed
0
Net Income per EBT
1
EBT Per Ebit
6.75
Ebit per Revenue
0.02
Effective Tax Rate
0.36

Margins

Sales, General, & Administrative to Revenue
0.13
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.46
Operating Profit Margin
0.02
Pretax Profit Margin
0.16
Net Profit Margin
0.16

Dividends

Dividend Yield
0.04
Dividend Yield %
4.1
Payout Ratio
2.58
Dividend Per Share
0.56

Operating Metrics

Operating Cashflow per Share
1.03
Free CashFlow per Share
0.76
Capex to Operating CashFlow
0.26
Capex to Revenue
0.11
Capex to Depreciation
0.26
Return on Invested Capital
0
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
83.85
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
4.35
Inventory Turnover
0
Capex per Share
0.26

Balance Sheet

Cash per Share
1,39
Book Value per Share
19,77
Tangible Book Value per Share
19.65
Shareholders Equity per Share
19.77
Interest Debt per Share
17.3
Debt to Equity
0.86
Debt to Assets
0.45
Net Debt to EBITDA
9.34
Current Ratio
3.42
Tangible Asset Value
0,70 Bil.
Net Current Asset Value
-0,59 Bil.
Invested Capital
76365000
Working Capital
0,04 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,01 Bil.
Average Inventory
0
Debt to Market Cap
1.25

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Gladstone Land Corporation Dividends
Year Dividends Growth
2021 1
2022 1 0%
2023 1 0%
2024 1 0%

Gladstone Land Corporation Profile

About Gladstone Land Corporation

Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 127 farms, comprised of approximately 94,000 acres in 13 different states, valued at approximately $1.0 billion. Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually. The Company also owns farms growing permanent crops, such as almonds, apples, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 93 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 20 times over the prior 23 quarters, and the current per-share distribution on its common stock is $0.0449 per month, or $0.5388 per year.

CEO
Mr. David John Gladstone
Employee
69
Address
1521 Westbranch Drive
McLean, 22102

Gladstone Land Corporation Executives & BODs

Gladstone Land Corporation Executives & BODs
# Name Age
1 Mr. John Anthony Dellafiora Jr., CPA
Chief Compliance Officer
70
2 Ms. Karin McLaughlin
Investor Relations Specialist
70
3 Mr. William Reiman
Executive Vice President of West Coast Operations
70
4 Ms. Paula Novara
Head of Resource Management & Director
70
5 Mr. Lewis Parrish CPA
Chief Financial Officer & Assistant Treasurer
70
6 Mr. Michael Bernard LiCalsi Esq., J.D.
General Counsel & Secretary
70
7 Ms. Jennifer A. Smith
Chief Valuation Officer
70
8 Mr. David John Gladstone
Founder, Chairman, Chief Executive Officer & President
70

Gladstone Land Corporation Competitors