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LAND (Gladstone Land) EV-to-EBIT : 25.34 (As of Dec. 12, 2024)


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What is Gladstone Land EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Gladstone Land's Enterprise Value is $934.69 Mil. Gladstone Land's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $36.89 Mil. Therefore, Gladstone Land's EV-to-EBIT for today is 25.34.

The historical rank and industry rank for Gladstone Land's EV-to-EBIT or its related term are showing as below:

LAND' s EV-to-EBIT Range Over the Past 10 Years
Min: 19.27   Med: 47.63   Max: 92.45
Current: 25.34

During the past 13 years, the highest EV-to-EBIT of Gladstone Land was 92.45. The lowest was 19.27. And the median was 47.63.

LAND's EV-to-EBIT is ranked worse than
58.75% of 640 companies
in the REITs industry
Industry Median: 21.195 vs LAND: 25.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Gladstone Land's Enterprise Value for the quarter that ended in Sep. 2024 was $1,015.63 Mil. Gladstone Land's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $36.89 Mil. Gladstone Land's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.63%.


Gladstone Land EV-to-EBIT Historical Data

The historical data trend for Gladstone Land's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gladstone Land EV-to-EBIT Chart

Gladstone Land Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.02 39.05 63.69 39.68 28.08

Gladstone Land Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.15 28.08 19.75 24.46 27.53

Competitive Comparison of Gladstone Land's EV-to-EBIT

For the REIT - Specialty subindustry, Gladstone Land's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gladstone Land's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Gladstone Land's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Gladstone Land's EV-to-EBIT falls into.



Gladstone Land EV-to-EBIT Calculation

Gladstone Land's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=934.690/36.891
=25.34

Gladstone Land's current Enterprise Value is $934.69 Mil.
Gladstone Land's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.89 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gladstone Land  (NAS:LAND) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Gladstone Land's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=36.891/1015.63476
=3.63 %

Gladstone Land's Enterprise Value for the quarter that ended in Sep. 2024 was $1,015.63 Mil.
Gladstone Land's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.89 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Gladstone Land EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Gladstone Land's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Gladstone Land Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Land Corp is an externally-managed, agricultural REIT. It is mainly in the business of owning and leasing farmland. It manages operations in one reporting segment. It is focused on the ownership of high-quality farms and farm-related properties that are leased on a triple-net basis to tenants with a strong operating history and deep farming resources. The farmland is predominantly concentrated in locations where farmers are able to grow either fresh produce annual row crops (e.g., certain berries and vegetables), which are typically planted and harvested annually, or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes). To a much lesser extent, it also own farms that grow certain commodity crops (e.g., corn and beans).
Executives
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
Michela A English director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Michael Licalsi other: Internal Counsel and Secretary 1521 WESTBRANCH DR., MCLEAN VA 22102
Lewis Parrish officer: CFO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
David Gladstone director, 10 percent owner, officer: Chief Executive Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Jay Beckhorn officer: Treasurer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
John Dellafiora other: Chief Compliance Officer 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Jennifer A Smith officer: Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Terry Earhart director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
John Reilly director 1521 WESTBRANCH DR., STE. 200, MCLEAN VA 22102
Anthony W Parker director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
John H Outland director