Gladstone Investment Corporation
Find Ratings ReportsGLADSTONE INVESTMENT CORP/DE's gross profit margin for the third quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 2.39% from the same quarter last year.
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.
Income Statement | Q3 FY23 | Q3 FY22 |
---|---|---|
Net Sales ($mil) | 23.08 | 21.59 |
EBITDA ($mil) | 16.85 | 13.1 |
EBIT ($mil) | 16.85 | 13.1 |
Net Income ($mil) | 6.58 | 15.78 |
Balance Sheet | Q3 FY23 | Q3 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 3.59 | 2.85 |
Total Assets ($mil) | 917.62 | 771.56 |
Total Debt ($mil) | 413.5 | 286.72 |
Equity ($mil) | 459.94 | 449.19 |
Profitability | Q3 FY23 | Q3 FY22 |
---|---|---|
Gross Profit Margin | 73.02 | 60.64 |
EBITDA Margin | 73.01 | 60.64 |
Operating Margin | 73.02 | 60.64 |
Sales Turnover | 0.09 | 0.1 |
Return on Assets | 7.34 | 6.16 |
Return on Equity | 14.65 | 10.59 |
Debt | Q3 FY23 | Q3 FY22 |
---|---|---|
Current Ratio | 0.0 | 0.0 |
Debt/Capital | 0.47 | 0.39 |
Interest Expense | 7.11 | 4.53 |
Interest Coverage | 2.37 | 2.89 |
Share Data | Q3 FY23 | Q3 FY22 |
---|---|---|
Shares outstanding (mil) | 35.35 | 33.45 |
Div / share | 1.24 | 0.36 |
EPS | 0.19 | 0.47 |
Book value / share | 13.01 | 13.43 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 206697.0 | 163608.0 |
BUY. GLADSTONE INVESTMENT CORP/DE's P/E ratio indicates a significant discount compared to an average of 49.70 for the Securities, Commodity Contracts, Financial Investm subsector and a significant discount compared to the S&P 500 average of 27.95. For additional comparison, its price-to-book ratio of 1.06 indicates a significant discount versus the S&P 500 average of 4.68 and a significant discount versus the subsector average of 3.54. The current price-to-sales ratio is well above the S&P 500 average and above the subsector average, indicating a premium. Upon assessment of these and other key valuation criteria, GLADSTONE INVESTMENT CORP/DE proves to trade at a discount to investment alternatives.
Price/Earnings |
|
Price/Cash Flow |
| |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
GAIN 6.95 | Peers 49.70 | GAIN NM | Peers 29.90 | |||||||||||||||||||||
Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations. GAIN is trading at a significant discount to its peers. |
Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. GAIN's P/CF is negative making the measure meaningless. |
|||||||||||||||||||||||
Price/Projected Earnings |
|
Price to Earnings/Growth |
|
|||||||||||||||||||||
GAIN 13.05 | Peers 19.20 | GAIN NM | Peers 1.61 | |||||||||||||||||||||
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations. GAIN is trading at a significant discount to its peers. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. GAIN's negative PEG ratio makes this valuation measure meaningless. |
|||||||||||||||||||||||
Price/Book |
|
Earnings Growth |
|
|||||||||||||||||||||
GAIN 1.06 | Peers 3.54 | GAIN 40.14 | Peers 71.14 | |||||||||||||||||||||
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. GAIN is trading at a significant discount to its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, GAIN is expected to significantly trail its peers on the basis of its earnings growth rate. |
|||||||||||||||||||||||
Price/Sales |
|
Sales Growth |
|
|||||||||||||||||||||
GAIN 5.85 | Peers 5.47 | GAIN 3.19 | Peers 38.40 | |||||||||||||||||||||
Average. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. GAIN is trading at a valuation on par with its subsector on this measurement. |
Lower. A sales growth rate that trails the subsector implies that a company is losing market share. GAIN significantly trails its peers on the basis of sales growth. |
|||||||||||||||||||||||