Saturday 17 October 2026
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Gladstone Investment Corporation
GAIN Financial Asset Management
Gladstone Investment Corporation’s revenue for fiscal 2026 (year ended March 2026) was $99.1 million, up 5.78% from fiscal 2025. In the quarter to June 2026, revenue grew 20.4%, EPS fell 242.9% and free cash flow grew 116.1%, each against the same quarter a year earlier. Revenue growth for five consecutive years.
15.05
0.27
−1.76%
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| Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
3 | 4 | 4 | 4 | 7 | 3 | 6 | 6 | 5 | 6 |
P/E ratio |
3.03 | 7.51 | 5.66 | 12.47 | 5.24 | 9.55 | 0.00 | 4.76 | 5.38 | 6.06 |
P/S ratio |
5.55 | 5.24 | 5.54 | 5.41 | 7.38 | 7.17 | 4.17 | 6.49 | 5.60 | 5.29 |
P/FCF ratio |
0.00 | 30.09 | 0.00 | 0.00 | 14.63 | 0.00 | 7.31 | 4.14 | 0.00 | 8.42 |
P/Operating CF |
32.69 | 4.36 | 83.68 | 49.59 | (198.81) | 143.53 | (5.06) | 124.76 | (72.81) | (12.87) |
P/B ratio |
0.82 | 0.98 | 0.98 | 1.00 | 1.20 | 1.06 | 0.70 | 0.95 | 0.92 | 0.91 |
Price to Tangible BV |
0.82 | 0.98 | 0.98 | 1.00 | 1.20 | 1.06 | 0.70 | 0.95 | 0.92 | 0.91 |
EV/Sales |
5.58 | 5.13 | 5.56 | 5.44 | 7.25 | 7.21 | 4.18 | 6.51 | 5.62 | 5.31 |
EV/EBITDA |
0.00 | 6.83 | 2,237.09 | 8.03 | 0.00 | 29.01 | 2.38 | 0.00 | 18.21 | 15.61 |
EV/Operating CF |
(5.44) | 29.48 | (6.94) | (98.41) | 14.38 | (13.74) | 7.34 | 4.15 | (11.02) | 8.45 |
EV/FCF |
(5.44) | 29.48 | (6.94) | (98.41) | 14.38 | (13.74) | 7.34 | 4.15 | (11.02) | 8.45 |
Quick Ratio |
0.02 | 0.05 | 0.03 | 0.03 | 0.08 | 0.04 | 0.13 | 0.09 | 0.08 | 0.11 |
Current Ratio |
0.02 | 0.05 | 0.03 | 0.03 | 0.08 | 0.04 | 0.13 | 0.09 | 0.08 | 0.11 |
Net Debt/EBITDA |
0.01 | (0.22) | (14.84) | (0.06) | 0.17 | (0.17) | 0.01 | (0.08) | 0.06 | 0.06 |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 0.69% | 0.00% | 0.88% | 0.80% | 0.83% | 0.99% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.02 |
Asset Turnover |
0.09 | 0.10 | 0.10 | 0.11 | 0.10 | 0.09 | 0.10 | 0.10 | 0.10 | 0.10 |
Operating CF/Net income |
(0.55) | 0.25 | (0.82) | (0.13) | 0.36 | (0.70) | (4.88) | 1.15 | (0.49) | 0.73 |
Capex/Depreciation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Interest Coverage |
0.43 | 1.47 | 1.29 | 2.59 | 1.28 | 2.78 | 7.33 | 0.22 | 3.98 | 4.48 |
| 31.65% | 13.17% | 18.30% | 8.03% | 24.71% | 11.30% | (1.86%) | 21.43% | 18.52% | 15.43% | |
| 15.86% | 6.72% | 10.01% | 4.72% | 14.78% | 6.96% | (1.19%) | 13.10% | 10.78% | 8.79% | |
ROIC |
1.51% | 5.37% | 3.98% | 5.90% | 2.39% | 2.03% | 4.90% | 0.21% | 2.82% | 3.28% |
Return on Tangible Assets |
(28.77%) | (13.53%) | (19.82%) | (11.28%) | (37.85%) | (26.23%) | 13.15% | (106.85%) | (54.83%) | (65.16%) |
Average Days of Receivables |
32.63 | 33.02 | 46.21 | 31.05 | 47.53 | 29.22 | 24.76 | 25.04 | 36.63 | 31.97 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Selling, General and Administrative Expense of Revenue |
40.77% | 18.11% | 27.52% | 14.90% | 40.69% | 19.61% | 1.11% | 43.23% | 21.60% | 13.72% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(1.17) | (0.99) | (0.89) | (0.72) | (0.51) | (0.63) | (0.77) | (0.57) | (0.76) | (0.75) |
Graham Number |
42.68 | 23.33 | 28.24 | 17.77 | 30.50 | 18.23 | 0.00 | 26.31 | 21.55 | 18.30 |
Earnings Yield |
33.03% | 13.32% | 17.68% | 8.02% | 19.09% | 10.48% | (2.80%) | 21.02% | 18.58% | 16.50% |
Free Cash Flow Yield |
(18.48%) | 3.32% | (14.46%) | (1.02%) | 6.83% | (7.33%) | 13.69% | 24.18% | (9.10%) | 11.87% |
Revenue per Share |
2.56 | 2.55 | 2.53 | 2.45 | 2.19 | 1.71 | 1.88 | 1.82 | 1.81 | 1.71 |
Operating CF per Share |
(2.62) | 0.44 | (2.03) | (0.14) | 1.10 | (0.90) | 1.07 | 2.85 | (0.92) | 1.08 |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow per Share |
(2.62) | 0.44 | (2.03) | (0.14) | 1.10 | (0.90) | 1.07 | 2.85 | (0.92) | 1.08 |
Cash per Share |
0.06 | 0.41 | 0.09 | 0.10 | 0.44 | 0.07 | 0.12 | 0.11 | 0.12 | 0.14 |
Shareholders Equity per Share |
17.26 | 13.59 | 14.30 | 13.20 | 13.43 | 11.53 | 11.23 | 12.41 | 10.98 | 9.95 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
17.26 | 13.59 | 14.30 | 13.20 | 13.43 | 11.53 | 11.23 | 12.41 | 10.98 | 9.95 |
Free Cash Flow |
(101.61) | 16.31 | (69.94) | (4.50) | 36.60 | (29.73) | 35.31 | 93.62 | (29.73) | 32.60 |
Working Capital |
(642.15) | (482.84) | (430.34) | (315.15) | (270.31) | (161.84) | (55.02) | (76.36) | (110.68) | (68.70) |
Net Current Asset Value |
(643.38) | (483.69) | (431.10) | (315.72) | (270.64) | (254.44) | (199.09) | (220.29) | (246.88) | (205.47) |
EV/EBIT |
34.24 | 11.56 | 11.51 | 10.76 | 31.51 | 33.08 | 8.92 | 287.44 | 20.43 | 17.39 |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Price to Operating Income |
34.07 | 11.80 | 11.46 | 10.72 | 32.07 | 32.86 | 8.89 | 286.34 | 20.36 | 17.32 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash ROIC |
(15.15%) | 3.17% | (14.10%) | (1.02%) | 7.86% | (7.73%) | 9.34% | 22.51% | (8.18%) | 10.51% |
Accounts Receivable Turnover |
11.43 | 9.59 | 9.71 | 9.95 | 10.38 | 12.97 | 14.93 | 11.99 | 11.22 | 11.57 |
Accounts Payable Turnover |
0.60 | 0.73 | 0.81 | 0.86 | 1.03 | 1.77 | 1.29 | 1.31 | 3.68 | 6.30 |
Inventory Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Days of Payables |
778.96 | 519.24 | 524.46 | 420.51 | 457.05 | 269.59 | 144.36 | 427.53 | 149.97 | 50.63 |
Days of Inventory on Hand |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Average Receivables |
8.67 | 9.76 | 9.00 | 8.19 | 6.99 | 4.37 | 4.15 | 4.97 | 5.20 | 4.49 |
Average Payables |
64.20 | 44.34 | 36.61 | 30.57 | 23.76 | 12.82 | 17.40 | 16.93 | 5.22 | 2.91 |
Average Assets |
1,164.62 | 972.24 | 851.86 | 753.03 | 692.07 | 610.05 | 605.74 | 623.00 | 563.05 | 509.14 |
Average Common Equity |
583.65 | 495.90 | 466.23 | 442.79 | 414.10 | 375.70 | 388.07 | 380.66 | 327.64 | 290.05 |
Columns are period end dates