* Note: Prices are in Million (M) USD.
Description:
Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns agricultural land and agriculture-related properties located in major US agricultural markets and rents its properties to unrelated outside farmers.
These criteria used Company's Cash, EBITDA and Debt balance to determines its fair value:
Note: Financial institutions (banks/insurers/brokers/REITs) are evaluated using sector, P/E, growth, ROE and other factors. The 3.5× Net Debt/EBITDA rule is skipped to avoid misleading signals; however, Cash/Debt/EBITDA are still displayed and counted for scoring.
Cash : $9 M
Debt : $484 M
EBITDA : $53 M
Net Debt (Debt - Cash): $476 M
This criteria used industry in which company operates:
Sector: Real estate
Industry: Reit - specialty
Based on industry, 3 points assigned.
This criteria used Company's Price To Earning (P/E) Ratio to determines its fair value:
Message: Cannot calculate PE Ratio since EPS is either 0 or negative.
Using default values for calculation.
Forward PE Ratio (using default values): 20.00
Since Forward PE Ratio is between 20 - 25, 2 points assigned.
This criteria used Company's ability to convert Sales into free cash flow to determine fair value:
Using last 16 overlapping fiscal years (max 20).Average Free Cash Flow: $7 M
Average Revenue: $40 M
Revenue Converted To Free Cash Flow (%): 17.5%
Since Free Cash Flow (FCF) to Revenue percentage is greater than 15, 3 points assigned.
This criteria used company's growth potential to calculate its fair value:
Latest Revenue (2025-12-31): $88 M
Revenue 5 Years Ago (2020-12-31): $57 M
Total Growth over 5 Years: 54.9%
5-Year Revenue CAGR (Historical): 9.1%
Forward 5-Year CAGR (Tapered): 7.3%
Since historical Revenue CAGR is between 5 - 10, 2 points assigned.
This criteria used Company's ability to buy back its own share:
Latest Share Count (2025-12-31): $37 M
Share Count 5 Years Ago (2021-12-31): $30 M
Company is not buying back its own shares, 0 points assigned.
This criteria used Company's dividend payout ratio to determine its fair value:
Next Year Earnings Per Share (EPS): $-0.55
Trailing 12-Month Earnings Per Share (EPS): $-0.47
Average Earnings Per Share (EPS): $0.00
Dividend Per Share (DPS): $1
Payout Ratio: 0%
Dividend Yield: 6.49%
⚠️ Caution: Negative earnings detected — Further research is recommended - Next Fiscal Yr EPS: $-0.55
- Latest/TTM EPS: $-0.47
EPS is non-positive; payout ratio not meaningful. 0 point assigned.
Since Dividend Yield is greater than 5, 5 points assigned.
This criteria used Company's Return On Equity (ROE%) to determine its fair value:
Using last 16 valid ROE years (max 20).Average ROE: 1.4%
Since Average ROE is less than 10, 1 point assigned.
This criteria used Company's current price to its 52 week low price to determines its fair value:
Current Price: $8.55
52-Week Low: $8.02
Threshold Price (15% Above 52-Week Low): $9.22
Since Current price is within 15% threshold, 5 points assigned.
This criteria used Company's Market Cap to determines its fair value:
Market Capitalization: $373 M
Since Market Cap is less than 10B, 1 point assigned.
% Exposure to Total Portfolio
Based on the market cap, we recommend do not exceed 0.5% exposure of Total Portfolio.
Warren Buffett's Owners' Earnings:
Owners' Earnings (FCF/Share) (TTM ending 2026-03-31): $0.17
Owners' Earnings (FCF/Share, latest positive annual) (2024-12-31): $0.67
Note: Many fast-growing companies reinvest heavily, so Owners' Earnings may appear low.
Consider other factors in your valuation.
Value-Trade has assigned 22 points to above Gladstone Land Corporation (LAND) stock.
Heads up: One or more P/E inputs look exaggerated and may skew the blend.
• Last 2 Years Avg PE 36.88 (>2× median)
Further research is recommended; please use your own due diligence.
In such cases, multiplying earnings by the long-run average P/E typically gives a closer, more reliable fair value.
Last 2 Years Avg PE 36.88, Fair Value PE 15, Industry Based PE 20, Growth Based PE 15, RCFC Based PE 17.5, ROE Based PE 1.45, Risk-Free Anchored PE (25% MoS) 16.78. Based on these 7 values, average assigned is 17.52. The fair value of Gladstone Land Corporation (LAND) stock cannot be calculated since EBITDA and EPS are either 0 or negative.
