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Financial Services - Asset Management - NASDAQ - US
$ 11.9
-4.11 %
$ 438 M
Market Cap
6.23
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GAIN stock under the worst case scenario is HIDDEN Compared to the current market price of 11.9 USD, Gladstone Investment Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GAIN stock under the base case scenario is HIDDEN Compared to the current market price of 11.9 USD, Gladstone Investment Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one GAIN stock under the best case scenario is HIDDEN Compared to the current market price of 11.9 USD, Gladstone Investment Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart GAIN

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$14.0$14.0$13.8$13.8$13.6$13.6$13.4$13.4$13.2$13.2$13.0$13.0$12.8$12.8$12.6$12.6$12.4$12.4$12.2$12.2$12.0$12.0$11.8$11.815 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
87.3 M REVENUE
167.36%
48.2 M OPERATING INCOME
-6.26%
85.3 M NET INCOME
139.98%
-69.9 M OPERATING CASH FLOW
-1452.80%
0 INVESTING CASH FLOW
100.00%
69.9 M FINANCING CASH FLOW
1136.78%
20.5 M REVENUE
-2.23%
18.8 M OPERATING INCOME
0.04%
29.1 M NET INCOME
228.90%
-172 M OPERATING CASH FLOW
-272.08%
0 INVESTING CASH FLOW
0.00%
172 M FINANCING CASH FLOW
346.59%
Balance Sheet Gladstone Investment Corporation
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Current Assets 14.3 M
Cash & Short-Term Investments 3.22 M
Receivables 11.1 M
Other Current Assets 0
Non-Current Assets 923 M
Long-Term Investments 921 M
PP&E 0
Other Non-Current Assets 2.5 M
98.21 %Total Assets$937.3m
Current Liabilities 46.3 M
Accounts Payable 4.2 M
Short-Term Debt 0
Other Current Liabilities 42.1 M
Non-Current Liabilities 398 M
Long-Term Debt 398 M
Other Non-Current Liabilities 0
9.46 %89.59 %Total Liabilities$444.6m
EFFICIENCY
Earnings Waterfall Gladstone Investment Corporation
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Revenue 87.3 M
Cost Of Revenue 0
Gross Profit 87.3 M
Operating Expenses 24.4 M
Operating Income 48.2 M
Other Expenses -37.1 M
Net Income 85.3 M
90m90m80m80m70m70m60m60m50m50m40m40m30m30m20m20m10m10m0087m087m(24m)48m37m85mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
100.00% GROSS MARGIN
100.00%
55.21% OPERATING MARGIN
55.21%
97.71% NET MARGIN
97.71%
17.31% ROE
17.31%
9.09% ROA
9.09%
5.41% ROIC
5.41%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Gladstone Investment Corporation
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100m100m80m80m60m60m40m40m20m20m00(20m)(20m)(40m)(40m)(60m)(60m)(80m)(80m)(100m)(100m)201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 85.3 M
Depreciation & Amortization 63.5 M
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 9.68 M
Others -155 M
Free Cash Flow -69.9 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Gladstone Investment Corporation
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GAIN has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
7.09% DIVIDEND YIELD
0.08 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
1.20001.20001.00001.00000.80000.80000.60000.60000.40000.40000.20000.20000.00000.00000.060.060.060.06250.06250.06250.06250.06250.06250.0650.0650.0650.0680.0680.0680.070.070.070.070.070.070.0750.120.0750.0750.080.080.240.080.080.080.080.080.080.080.06250.06250.06250.06250.06250.06250.0640.0640.060.0640.0670.0670.060.0670.0680.0680.090.0680.070.070.090.070.070.070.060.070.0750.0750.120.0750.080.080.120.080.080.080.080.06250.06250.06250.06250.06250.06250.0640.0640.0640.0670.0670.0670.0680.0680.0680.070.070.070.070.070.070.0750.0750.0750.080.080.120.080.080.080.080.06250.250.06250.250.06250.250.06250.250.06250.250.06250.250.0650.260.0650.260.060.250.0650.260.0680.270.0680.270.060.260.0680.270.0680.230.0680.270.090.320.0680.280.070.280.070.280.070.300.0750.250.0750.340.090.310.0750.290.080.310.080.320.120.520.080.400.080.320.120.360.080.320.881.160.080.240.080.240.080.160.080.16201520152017201720192019202120212023202320252025
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5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Gladstone Investment Corporation
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Let's Talk Mortgage REITs (But Not For Too Long) A bunch of mortgage REITs were severely overvalued. Now they are less overvalued. But some others are actually bargains. Tons of charts because images are fun. Ellington Financial's higher price-to-book ratio may be due to lower volatility in the total economic return by period. Digital Realty Trust deserves to be mocked. I am reporting for duty! seekingalpha.com - 3 weeks ago
3 Ultra High-Yield Dividend Stocks That Can Pay Your Rent Every Month History proves buying dividend stocks is a superior investment strategy. 247wallst.com - 4 weeks ago
Yield Hunting Part 13: GAIN's Baby Bond Gives Us 7%+ YTM GAINZ is a low-duration pick with a yield to maturity of 7.64%, trading below par, and a stripped price of $22.98. GAIN's credit score is a Baa2 equivalent, factoring in profitability, ACR cushion, asset quality, and debt structure. Despite high expense ratios and problem loans, GAIN's low leverage and secured debt offer safety to bondholders, making it a credible investment. seekingalpha.com - 1 month ago
15% Yields Want To Mug Your Dividends Agency mortgage REITs are achieving exceptional price-to-book ratios. You want a high dividend yield? Great. But don't pay a huge premium in the share price. It's a great time for investors to capture some gains in this sector. seekingalpha.com - 1 month ago
Gladstone Investment Corporation Exits Its Investment in Nocturne Luxury Villas MCLEAN, VA / ACCESS Newswire / March 11, 2025 / Gladstone Investment Corporation (NASDAQ:GAIN) ("Gladstone Investment") announced today the sale of its portfolio company Nocturne Luxury Villas, Inc. ("Nocturne" or the "Company") to an affiliate of Calera Capital. As a result of this transaction, Gladstone Investment received full repayment of its debt investment and realized a significant capital gain on its equity investment. accessnewswire.com - 1 month ago
9% Yields From Baby Bonds Yield to maturity is crucial in baby bond analysis. Yield to call can also be relevant when call risk is more relevant. We're starting with a hypothetical for demonstrating a key point, then we'll look at two baby bonds as they are trading today. Market inefficiencies can arise from liquidity issues, creating trading opportunities between similar preferred shares or baby bonds. seekingalpha.com - 1 month ago
Gladstone Investment Corporation Expands its Investment in Pyrotek Special Effects via the Acquisition of Unique Pyrotechnic MCLEAN, VA / ACCESS Newswire / February 26, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) ("Gladstone Investment") continued its support of portfolio company Pyrotek Special Effects, Inc. ("Pyrotek") through providing additional capital to support the acquisition of Unique Pyrotechnic ("Unique"). Unique designs and delivers live special effects solutions in Sweden, Norway, and Denmark. accessnewswire.com - 1 month ago
Yield-Hunting Part 9: GAINI And Its 7.64% Yield To Worst Focus on low-duration fixed-income products to capitalize on small price deviations, with a preference for 5-year terms callable after 2 years. GAINI, a 7.875% baby bond from Gladstone Investment Corporation, is undervalued compared to other BDC bonds, offering high yield and low expected volatility. GAIN's credit score is adjusted to 8.21, equivalent to Baa1, due to its smaller market cap, low diversification, and high problem loans, yet it remains among higher-quality BDCs. seekingalpha.com - 1 month ago
Gladstone Investment: Shrinking Earnings Offset By Increased Investment Activity Gladstone Investment is a business development company that puts a greater emphasis on equity investments in additional to traditional debt investments. GAIN offers a monthly distribution payout of $0.08 per share, resulting in a dividend yield of approximately 7.2%. Net investment income has slightly decreased, but so has non-accruals. The future performance is heavily influenced on how effective new investments are over time. seekingalpha.com - 2 months ago
Gladstone Investment (GAIN) Q3 2024 Earnings Call Transcript Gladstone Investment (NASDAQ:GAIN ) Q3 2025 Earnings Conference Call February 12, 2025 11:00 AM ET Company Participants David Gladstone - CEO Michael LiCalsi - General Counsel and Secretary Dave Dullum - President Taylor Ritchie - CFO Conference Call Participants Matthew Hurwit - Jefferies Operator Greetings, and welcome to Gladstone Investment Corporation's Third Quarter Earnings Call. At this time, all participants are in a listen-only mode. seekingalpha.com - 2 months ago
Here's What Key Metrics Tell Us About Gladstone Investment (GAIN) Q3 Earnings The headline numbers for Gladstone Investment (GAIN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 2 months ago
Gladstone Investment (GAIN) Q3 Earnings and Revenues Miss Estimates Gladstone Investment (GAIN) came out with quarterly earnings of $0.23 per share, missing the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.26 per share a year ago. zacks.com - 2 months ago
8. Profile Summary

Gladstone Investment Corporation GAIN

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COUNTRY US
INDUSTRY Asset Management
MARKET CAP $ 438 M
Dividend Yield 7.09%
Description Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups. The fund seeks to invest in manufacturing, consumer products and business/consumer services sector. It seeks to invest in small and mid-sized companies based in the United States. The fund prefers to make debt investments between $5 million and $30 million and equity investments between $10 million and $40 million in companies. The fund seeks to invest in companies with revenue between $20 million and $100 million. The fund invests in companies with EBITDA from $3 million to $20 million. It seeks minority equity ownership and prefers to hold a board seat in its portfolio companies. It also prefers to take majority stake in its portfolio companies. The fund typically holds the investments for seven years and exits via sale or recapitalization, initial public offering, or sale to third party.
Contact 1521 Westbranch Drive, McLean, VA, 22102 https://www.gladstoneinvestment.com
IPO Date June 23, 2005
Employees 70
Officers Ms. Karin McLaughlin Investor Relations Specialist Mr. Christopher J. Lee Senior Managing Director Mr. Michael Bernard LiCalsi Esq., J.D. General Counsel & Secretary Ms. Paula Novara Head of Resources Management & Director Ms. Erika Highland Senior Managing Director Mr. David A. R. Dullum President Mr. David John Gladstone Chairman & Chief Executive Officer Mr. John Anthony Dellafiora Jr., CPA Chief Compliance Officer Ms. Jennifer A. Smith Chief Valuation Officer Mr. Taylor Ritchie Chief Financial Officer