(GAIN) Gladstone Investment - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NASDAQ (USA) | Market Cap: 663m USD | Total Return: 25.6% in 12m
Senior Debt, Subordinated Debt, Mezzanine Loans, Equity Warrants
Total Rating 42
Safety 39
Buy Signal -0.41
Asset Management
Industry Rotation: +5.0
Industry Rotation: +5.0
Market Cap:
663M
Avg Turnover: 5.81M
Avg Turnover: 5.81M
Risk 3d forecast
Volatility48.9%
VaR 5th Pctl8.60%
VaR vs Median6.80%
Reward TTM
Sharpe Ratio1.10
Rel. Str. IBD73.3
Rel. Str. Peer Group80.6
Character TTM
Beta0.553
Beta Downside0.504
Hurst Exponent0.418
Drawdowns 3y
Max DD14.76%
CAGR/Max DD1.54
CAGR/Mean DD7.14
EPS (Earnings per Share)
EPS CAGR: -18.92%
EPS Trend: -62.5%
EPS Trend: -62.5%
Last SUE: -1.50
Qual. Beats: -3
Qual. Beats: -3
Revenue
Rev. CAGR: 14.44%
Rev. Trend: 7.4%
Rev. Trend: 7.4%
Last SUE: -0.73
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Supp Ema20
Description: GAIN Gladstone Investment
Gladstone Investment Corporation (GAIN) operates as a Business Development Company (BDC) focused on the U.S. lower middle market. The firm specializes in buyouts and debt refinancing for mature-stage companies, avoiding start-up ventures. Its investment strategy combines senior and subordinated debt instruments with equity ownership, typically targeting businesses with EBITDA between $4 million and $15 million.
The BDC model is structured to provide retail investors with exposure to private equity-style returns while maintaining liquidity through public exchanges. Unlike traditional private equity funds, BDCs are required by law to distribute at least 90% of their taxable income to shareholders to maintain their tax-advantaged status.
Gladstone focuses on the manufacturing, consumer products, and business services sectors, generally seeking majority control or a board seat to influence governance. The firm maintains a long-term investment horizon, typically holding assets for seven years before exiting through a sale, recapitalization, or public offering.
For a detailed analysis of this BDCs historical performance and dividend sustainability, consider exploring the data available on ValueRay.
- Net interest margin sensitivity to Federal Reserve benchmark interest rate fluctuations
- Realized capital gains from equity exits drive supplemental shareholder distribution levels
- Portfolio company credit quality affects non-accrual rates and net asset value
- Lower middle market buyout activity levels influence debt and equity deployment
- Manufacturing and consumer services sector performance impacts portfolio company EBITDA growth
Piotroski VR‑10 (Strict)
3.0
| Net Income: 130.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -8.98 > 1.0 |
| NWC/Revenue: -472.7% < 20% (prev 6.99%; Δ -479.7% < -1%) |
| CFO/TA 0.02 > 3% & CFO 26.5m > Net Income 130.4m |
| Net Debt (539.4m) to EBITDA (57.9m): 9.31 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (38.7m) vs prev 5.38% < -2% |
| Gross Margin: 71.60% > 18% (prev 0.72%; Δ 7.09k% > 0.5%) |
| Asset Turnover: 9.35% > 50% (prev 8.50%; Δ 0.84% > 0%) |
| Interest Coverage Ratio: -1.58 > 6 (EBITDA TTM 57.9m / Interest Expense TTM 36.6m) |
Altman Z''
-2.70
| A: -0.40 (Total Current Assets 7.96m - Total Current Liabilities 540.5m) / Total Assets 1.32b |
| B: 0.08 (Retained Earnings 108.7m / Total Assets 1.32b) |
| C: -0.05 (EBIT TTM -58.0m / Avg Total Assets 1.21b) |
| D: 0.00 (Book Value of Equity 40.0k / Total Liabilities 654.6m) |
| Altman-Z'' Score: -2.70 = D |
What is the price of GAIN shares?
As of May 17, 2026, the stock is trading at USD 16.41 with a total of 278,026 shares traded.
Over the past week, the price has changed by -1.50%, over one month by +7.36%, over three months by +20.45% and over the past year by +25.64%.
Over the past week, the price has changed by -1.50%, over one month by +7.36%, over three months by +20.45% and over the past year by +25.64%.
Is GAIN a buy, sell or hold?
Gladstone Investment has received a consensus analysts rating of 4.20.
Therefore, it is recommended to buy GAIN.
- StrongBuy: 3
- Buy: 0
- Hold: 2
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the GAIN price?
| Analysts Target Price | 14.8 | -9.6% |
Gladstone Investment (GAIN) - Fundamental Data Overview
as of 14 May 2026
P/E Trailing = 5.3544 P/E Forward = 17.5439
P/S = 5.5672
P/B = 1.1143
P/EG = 5.4094
Revenue TTM = 112.7m USD
EBIT TTM = -58.0m USD
EBITDA TTM = 57.9m USD
Long Term Debt = unknown (0.0)
Short Term Debt = 540.5m USD (from shortTermDebt, last quarter)
Debt = 540.5m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 539.4m USD (from netDebt column, last quarter)
Enterprise Value = 1.20b USD (663.4m + Debt 540.5m - CCE 1.13m)
Interest Coverage Ratio = -1.58 (Ebit TTM -58.0m / Interest Expense TTM 36.6m)
EV/FCF = 45.45x (Enterprise Value 1.20b / FCF TTM 26.5m)
FCF Yield = 2.20% (FCF TTM 26.5m / Enterprise Value 1.20b)
FCF Margin = 23.49% (FCF TTM 26.5m / Revenue TTM 112.7m)
Net Margin = 115.7% (Net Income TTM 130.4m / Revenue TTM 112.7m)
Gross Margin = 71.60% ((Revenue TTM 112.7m - Cost of Revenue TTM 32.0m) / Revenue TTM)
Gross Margin QoQ = 82.44% (prev 73.33%)
Tobins Q-Ratio = 0.91 (Enterprise Value 1.20b / Total Assets 1.32b)
Interest Expense / Debt = 1.76% (Interest Expense 9.49m / Debt 540.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -45.8m (EBIT -58.0m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.01 (Total Current Assets 7.96m / Total Current Liabilities 540.5m)
Debt / Equity = 0.81 (Debt 540.5m / totalStockholderEquity, last quarter 668.2m)
Debt / EBITDA = 9.31 (Net Debt 539.4m / EBITDA 57.9m)
Debt / FCF = 20.38 (Net Debt 539.4m / FCF TTM 26.5m)
Total Stockholder Equity = 572.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 10.81% (Net Income 130.4m / Total Assets 1.32b)
RoE = 22.77% (Net Income TTM 130.4m / Total Stockholder Equity 572.4m)
RoCE = -10.13% (EBIT -58.0m / Capital Employed (Equity 572.4m + L.T.Debt 0.0))
RoIC = -4.21% (negative operating profit) (NOPAT -45.8m / Invested Capital 1.09b)
WACC = 4.99% (E(663.4m)/V(1.20b) * Re(7.93%) + D(540.5m)/V(1.20b) * Rd(1.76%) * (1-Tc(0.21)))
Discount Rate = 7.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 98.88 | Cagr: 7.36%
[DCF] Terminal Value 80.82% ; FCFF base≈63.6m ; Y1≈41.8m ; Y5≈19.1m
[DCF] Fair Price = 1.69 (EV 606.6m - Net Debt 539.4m = Equity 67.2m / Shares 39.8m; r=6.0% [WACC]; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -62.46 | EPS CAGR: -18.92% | SUE: -1.50 | # QB: -3
Revenue Correlation: 7.44 | Revenue CAGR: 14.44% | SUE: -0.73 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.22 | Chg30d=-2.41% | Revisions=+0% | Analysts=4
[Analyst] Revisions Ratio: +0%