Gladstone Capital
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
12.84
Price/Sales ratio
9.14
Earnings per Share (EPS)
$2.10

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
20.1816.5914.0913.9014.36-122.804.4514.648.435.536.45-122.80
Price/Sales ratio
8.157.638.008.278.5327.393.969.004.165.425.7327.39
Price/Book Value ratio
0.890.931.101.091.140.981.170.920.881.091.271.14
Price/Cash Flow ratio
-2.293.14-18.80-14.7630.83-4.99-26.70-3.81-33.12161.67-74.60-4.99
Price/Free Cash Flow ratio
-2.293.14-18.80-14.7630.83-4.99-26.70-3.81-33.12161.67-76.57-4.99
Price/Earnings Growth ratio
-0.830.790.376.25-9.911.12-0.00-0.180.080.060.02-9.91
Dividend Yield
10.33%10.33%8.84%8.79%8.61%10.93%6.91%9.36%9.84%8.23%8.47%10.93%
Profitability Indicator Ratios
Gross Profit Margin
100%63.28%75.08%66.32%67.27%-9.75%86.37%55.01%76.18%100%91.66%67.27%
Operating Profit Margin
58.60%57.72%66.94%78.21%59.41%-22.30%88.98%101.55%75.11%97.96%-5.64%-22.30%
Pretax Profit Margin
40.38%45.99%56.78%59.51%59.41%-22.30%88.98%61.51%49.36%98.03%86.46%59.41%
Net Profit Margin
40.38%45.99%56.78%59.51%59.41%-22.30%88.98%61.51%49.36%98.03%86.46%59.41%
Effective Tax Rate
315.29%171.18%148.42%-0.86%123.71%-1342.97%30.98%233.10%N/AN/A35.82%-1342.97%
Return on Assets
2.21%3.37%4.69%4.66%4.66%-0.40%14.88%3.01%5.93%11.65%11.65%4.66%
Return On Equity
4.43%5.64%7.82%7.86%7.96%-0.80%26.47%6.31%10.44%19.78%21.36%7.96%
Return on Capital Employed
4.84%5.39%7.44%8.48%5.55%-0.56%16.40%6.37%9.22%11.77%-0.76%-0.56%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A0.05N/AN/AN/AN/AN/A0.05
Quick Ratio
0.094.774.000.060.30-0.000.110.050.710.95N/A-0.00
Cash ratio
0.020.080.050.010.220.010.010.010.080.26N/A0.01
Days of Sales Outstanding
96.9534.4520.4963.0059.49221.8620.4666.9238.1522.3729.06221.86
Days of Inventory outstanding
N/A-13.58K-17.86K0.000.00299.920.000.00N/AN/AN/A299.92
Operating Cycle
N/A-13.54K-17.84K63.0059.49521.7820.4666.9238.15N/A29.06521.78
Days of Payables Outstanding
N/A49.0738.0621.4547.2861.7064.6875.6070.26N/A165.6447.28
Cash Conversion Cycle
N/A-13.59K-17.88K41.5512.20460.08-44.21-8.68-32.11N/A-136.57460.08
Debt Ratios
Debt Ratio
0.490.380.390.400.280.480.410.510.41N/AN/A0.48
Debt Equity Ratio
0.980.640.650.670.490.940.741.070.73N/AN/A0.94
Long-term Debt to Capitalization
0.490.390.390.400.180.280.360.380.42N/AN/A0.28
Total Debt to Capitalization
0.490.390.390.400.330.480.420.510.42N/AN/A0.48
Interest Coverage Ratio
4.626.726.973.943.05N/AN/AN/AN/AN/A-0.28N/A
Cash Flow to Debt Ratio
-0.390.45-0.09-0.100.07-0.20-0.05-0.22-0.03N/AN/AN/A
Company Equity Multiplier
1.991.671.661.681.701.961.772.091.761.691.691.96
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
-3.542.42-0.42-0.560.27-5.48-0.14-2.35-0.120.03-0.07-0.07
Free Cash Flow / Operating Cash Flow Ratio
111111111111
Cash Flow Coverage Ratio
-0.390.45-0.09-0.100.07-0.20-0.05-0.22-0.03N/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/A0.13-0.36-0.27-0.53N/AN/AN/AN/A
Dividend Payout Ratio
208.62%171.43%124.75%122.27%123.71%-1343.45%30.80%137.20%82.98%45.54%45.54%-1343.45%