NagaCorp Ltd. (NGCRF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
P/E 5.84 means the share price is 5.84 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $2.03B is the value of all shares combined.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerNagaCorp Ltd. (NGCRF) trades at $0.46. NagaCorp Ltd. operates NagaWorld, an integrated hotel and entertainment complex in Phnom Penh, Cambodia. Market cap: $2.03B, Sector: Consumer cyclical.
Price as of Sep 10, 2026 · Last analyzed: Mar 16, 2026Analyst Coverage for NGCRF: NGCRF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NGCRF against Consumer Cyclical peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
No score published: this stock trades under $10,000 on a typical day, so the price beside it is not one you could reliably act on.
NGCRF: 1/2 scored disciplines lean bullish. Dominant signal: Moon AI bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
NagaCorp Ltd. (NGCRF) Consumer Business Overview
NagaCorp Ltd., based in Cambodia, manages and operates NagaWorld, a large integrated resort. With a strong focus on casino operations and hotel entertainment, NagaCorp leverages its established presence in the Cambodian market, demonstrating high profit and gross margins within the consumer cyclical sector.
What Is the Investment Thesis for NGCRF?
NagaCorp presents a compelling, albeit high-risk, investment case centered on its dominant position in the Cambodian gaming market. The company's high profit margin of 45.2% and gross margin of 87.5% indicate strong operational efficiency. However, the high debt-to-equity ratio of 5.23 and the lack of dividend payouts raise concerns about financial leverage and shareholder returns. Growth catalysts include the potential expansion of NagaWorld and increased tourism in Cambodia. Key risks involve regulatory changes, political instability, and competition from other regional gaming hubs. Investors should carefully weigh these factors, considering the company's unique market position and financial performance.
Based on FMP financials and quantitative analysis
NGCRF Key Highlights
Market capitalization of $2.03B, reflecting its significant presence in the Cambodian market.
- High profit margin of 45.2%, showcasing efficient operations and strong pricing power.
- Gross margin of 87.5%, indicating a substantial difference between revenue and the cost of goods sold.
- Return on Equity (ROE) of 12.0%, demonstrating the company's ability to generate profit from shareholders' investments.
- Debt-to-Equity ratio of 5.23, suggesting a high level of financial leverage.
Who Are NGCRF's Competitors?
NGCRF is benchmarked below against 3 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| MGM MGM Resorts International | $40.73 | +0.18% | $10.3B | 485-pillar |
| LVS Las Vegas Sands Corp. | $42.70 | -1.45% | $27.7B | 765-pillar |
| WYNN Wynn Resorts, Limited | $88.42 | -2.01% | $9.10B | 525-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NGCRF's Key Strengths?
Dominant market position in Cambodia.
- High profit and gross margins.
- Integrated resort model with diverse revenue streams.
- Established brand reputation.
What Are NGCRF's Weaknesses?
High debt-to-equity ratio.
- Dependence on the Cambodian market.
- Lack of dividend payouts.
- Exposure to regulatory and political risks.
What Could Drive NGCRF Stock Higher?
Expansion of NagaWorld complex to attract more tourists and gamblers.
- Growth of Cambodia's tourism industry benefiting NagaCorp's revenue.
- Potential development and launch of new gaming products and services.
- Possible strategic partnerships with other companies in the tourism and entertainment industries.
- Exploration of opportunities to expand operations to other countries in Southeast Asia.
What Are the Key Risks for NGCRF?
Inconsistent delivery — missed Wall Street EPS estimates in 4 of the last 8 reported quarters.
- Regulatory changes impacting casino operations in Cambodia.
- Political instability affecting tourism and business environment.
- Increased competition from other regional gaming hubs.
- Economic downturns reducing consumer spending on leisure and entertainment.
- High debt-to-equity ratio posing financial challenges.
What Are the Growth Opportunities for NGCRF?
- Expansion of NagaWorld: NagaCorp has the opportunity to further expand its NagaWorld complex, adding new facilities and attractions to draw more tourists and gamblers. This expansion could include additional hotel rooms, gaming areas, restaurants, and entertainment venues. The successful execution of this expansion could significantly increase NagaCorp's revenue and market share. The timeline for such expansion projects typically spans several years, with potential revenue impacts materializing within 3-5 years.
- Increased Tourism in Cambodia: As Cambodia's tourism industry continues to grow, NagaCorp is well-positioned to benefit from the influx of visitors. The company can leverage its existing infrastructure and marketing efforts to attract more tourists to NagaWorld. This growth opportunity is dependent on the overall stability and attractiveness of Cambodia as a tourist destination. The tourism sector's growth is anticipated to continue over the next decade, offering a sustained tailwind for NagaCorp.
- Development of New Gaming Products: NagaCorp can develop and introduce new gaming products and services to cater to evolving customer preferences. This could include innovative electronic gaming machines, new table games, and online gaming platforms. By diversifying its gaming offerings, NagaCorp can attract a wider range of customers and increase its revenue. The development and launch of new gaming products typically take 1-2 years, with revenue impacts being realized shortly thereafter.
- Strategic Partnerships: NagaCorp can form strategic partnerships with other companies in the tourism and entertainment industries to expand its reach and offerings. This could include partnerships with airlines, travel agencies, and other hotel operators. By collaborating with these partners, NagaCorp can attract more customers and enhance its overall value proposition. The establishment of strategic partnerships can be achieved within 6-12 months, with synergistic benefits unfolding over the subsequent years.
- Regional Expansion: While primarily focused on Cambodia, NagaCorp could explore opportunities to expand its operations to other countries in Southeast Asia. This could involve developing new integrated resorts or acquiring existing gaming facilities. Regional expansion would diversify NagaCorp's revenue streams and reduce its dependence on the Cambodian market. However, such expansion would also entail significant investment and regulatory hurdles. The timeline for regional expansion projects can vary widely, ranging from several years to a decade, depending on the specific market and regulatory environment.
What Are NGCRF's Competitive Advantages?
- Geographic Monopoly: NagaCorp benefits from a virtual monopoly on casino gaming in Phnom Penh, Cambodia.
- Integrated Resort Model: NagaWorld's integrated resort model provides a comprehensive entertainment experience, attracting a wide range of customers.
- Established Brand: NagaCorp has built a strong brand reputation in the Cambodian market.
- Regulatory Advantages: The company has established strong relationships with Cambodian regulators.
What Does NGCRF Do?
Founded in 1995 and headquartered in Phnom Penh, Cambodia, NagaCorp Ltd. has grown to become a prominent player in the Southeast Asian gaming and hospitality industry. The company's flagship asset, NagaWorld, is an expansive integrated resort complex that includes a wide array of facilities such as hotel rooms and suites, gaming tables, electronic gaming machines, premium gaming halls, a luxury spa, shopping gallery, diverse food and beverage outlets, entertainment services, and extensive meeting and convention spaces. NagaCorp operates through two primary segments: Casino Operations and Hotel and Entertainment Operations. Beyond its core gaming and hospitality offerings, NagaCorp is also involved in a diverse range of activities, including management consulting, aircraft management, transportation support, travel agency services, employment placement, asset holding, agricultural production, property development, retail operations, and even the operation of a football club. This diversification reflects NagaCorp's strategic approach to expanding its business interests and contributing to the broader Cambodian economy.
What Products and Services Does NGCRF Offer?
- Manages and operates NagaWorld, an integrated hotel and casino complex in Phnom Penh, Cambodia.
- Provides casino gaming services, including table games and electronic gaming machines.
- Offers hotel accommodations and entertainment services.
- Operates food and beverage outlets and clubs.
- Provides meeting and convention spaces.
- Engages in property development and investment activities.
- Offers travel agency services.
How Does NGCRF Make Money?
- Generates revenue from casino operations, including gaming tables and electronic gaming machines.
- Earns revenue from hotel accommodations, food and beverage sales, and entertainment services.
- Derives income from property development and investment activities.
- Collects fees from travel agency services.
What Industry Does NGCRF Operate In?
NagaCorp operates within the global resorts and casinos industry, which is characterized by intense competition and sensitivity to economic cycles. The industry is experiencing growth in Asia, driven by increasing disposable incomes and tourism. NagaCorp's focus on the Cambodian market provides a degree of insulation from competition in more established gaming hubs like Macau and Las Vegas. However, the company faces regulatory risks and must adapt to evolving consumer preferences.
Who Are NGCRF's Key Customers?
- Casino gamblers, including both local and international visitors.
- Tourists and business travelers seeking hotel accommodations and entertainment.
- Event organizers and attendees utilizing meeting and convention spaces.
- Individuals and businesses seeking travel agency services.
Research confidence
Enough evidence to be useful, with gaps worth knowing about.
- ● Scoring coverage unknown
- ● Price is current
- ● Latest filing 73 days ago
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 19 snapshots
| 2026-08-23 | 52 |
| 2026-08-26 | 52 |
| 2026-08-29 | 52 |
| 2026-09-01 | 52 |
| 2026-09-04 | 52 |
| 2026-09-07 | 52 |
| 2026-09-10 | 52 |
What changed?
The score has stayed at 52.
Over the same 18 days the stock moved -4.2%.
Company Profile
NagaCorp Ltd. operates in the Resorts & Casinos industry within the Consumer Cyclical sector. It is headquartered in Phnom Penh, Cambodia.
Key Financial Metrics
Return on equity for NagaCorp Ltd. stands at 13.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 11.2%, showing how much profit it generates from its asset base. NGCRF trades at a trailing price-to-earnings ratio of 5.84, below the Consumer Cyclical sector average of ~32.70x. Its free cash flow yield is 63.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.55 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 16.5%, the inverse of the P/E and a quick read on earnings relative to price.
NGCRF Valuation & Market Position
With a $2.03B market cap, NagaCorp Ltd. sits in the mid-cap segment of the market.
Quarterly Financial Performance: NagaCorp Ltd.
Revenue for NagaCorp Ltd. came in at $312.4M during Q2 FY2026, a 15.2% contraction versus the preceding quarter. The company recorded net income of $143.6M, with diluted EPS of $0.03. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Consumer Cyclical. Across the four most recent quarters, NGCRF averaged $0.03 in diluted EPS.
Financial Health
NagaCorp Ltd.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 5.21 places it in the safe zone, indicating low near-term bankruptcy risk.
Earnings Track Record
NagaCorp Ltd. has missed Wall Street's EPS estimate in 4 of its last 8 reported quarters — a mixed record worth weighing. Reported results have landed about 10.7% below estimates on average.
NGCRF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Dominant market position in Cambodia.
- High profit and gross margins.
- Integrated resort model with diverse revenue streams.
- Established brand reputation.
Bear Case
- High debt-to-equity ratio.
- Dependence on the Cambodian market.
- Lack of dividend payouts.
- Exposure to regulatory and political risks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 FY2026 | $312M | $144M | $0.03 |
| Q4 FY2025 | $369M | $161M | $0.04 |
| Q2 FY2025 | $321M | $149M | $0.03 |
| Q4 FY2024 | $270M | $111M | $0.03 |
Q2 FY2026 · filed 30 Jun 2026 · Financial Modeling Prep
Based on FMP financials and quantitative analysis
NGCRF Latest News
-
NagaWorld Earns Great Place To Work® Certification™ in 2026 with an Outstanding 97% Trust Index™ Score
Yahoo! Finance: NGCRF News · Aug 21, 2026
-
Stocks That Hit 52-Week Highs On Thursday
· Oct 3, 2019
-
Stocks That Hit 52-Week Highs On Wednesday
· Oct 2, 2019
-
Stocks That Hit 52-Week Highs On Friday
· Sep 13, 2019
NGCRF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for NGCRF.
Price Targets
Wall Street price target analysis for NGCRF.
NGCRF MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for NGCRF; grades run from A+ (80-100) to F (below 30).
Latest News
NagaWorld Earns Great Place To Work® Certification™ in 2026 with an Outstanding 97% Trust Index™ Score
Stocks That Hit 52-Week Highs On Thursday
Stocks That Hit 52-Week Highs On Wednesday
Stocks That Hit 52-Week Highs On Friday
NGCRF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that NagaCorp Ltd. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. This tier often includes companies that are distressed, developing, or have chosen not to comply with higher reporting standards, leading to increased risks for investors.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower liquidity can lead to price volatility and difficulty in trading.
- Higher risk of fraud or manipulation due to less regulatory oversight.
- Potential for delisting or suspension of trading.
- Operational and financial challenges common among companies in this tier.
- Verify the company's financial statements and audit reports.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Evaluate the company's regulatory compliance and legal standing.
- Monitor news and filings for any red flags or material events.
- Understand the risks associated with investing in OTC Other stocks.
- Consult with a financial advisor before making any investment decisions.
- Longevity of operations since 1995.
- Operation of a large-scale integrated resort (NagaWorld).
- Involvement in multiple business activities, indicating diversification.
- Presence in the consumer cyclical sector, suggesting potential for growth.
Common Questions About NGCRF (Consumer Cyclical)
Is NGCRF a good stock?
Stock Expert AI does not rate NGCRF buy, sell or hold. NagaCorp Ltd. has no MoonshotScore yet; read the financial checkup, analyst consensus and risks directly. Whether it fits is your call: check what it sells, whether it earns, what the price assumes, and what would prove you wrong.
What do analysts say about NGCRF stock?
Analyst coverage for NGCRF is limited due to its OTC listing and focus on the Cambodian market. However, existing analyses often highlight NagaCorp's dominant market position and high profit margins as key strengths. Valuation metrics may vary depending on the analyst's assumptions regarding growth rates and risk factors.
What are the key factors to evaluate for NGCRF?
Evaluate NGCRF on fundamentals, analyst consensus, and risk factors. P/E: 5.84x vs the S&P 500's ~20-25x. The company's high profit margin of 45.2% and gross margin of 87.5% indicate strong operational efficiency. Not financial advice.
How frequently does NGCRF data refresh on this page?
NGCRF's price was last updated on Sep 10, 2026 and refreshes on page view during U.S. market hours; the quote is a provider snapshot, not an exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NGCRF's recent stock price performance?
NagaCorp Ltd. (NGCRF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Dominant market position in Cambodia. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider NGCRF overvalued or undervalued right now?
NagaCorp Ltd. (NGCRF) trades at 5.84x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
Can I buy fractional shares of NGCRF?
Yes, most major brokerages offer fractional shares of NagaCorp Ltd. (NGCRF) with no minimum purchase requirement. This means you can invest any dollar amount regardless of the share price. Check your brokerage platform for specific terms, fees, and fractional share availability.
How can I track NGCRF's earnings and financial reports?
NagaCorp Ltd. (NGCRF) reports quarterly earnings approximately 4-6 weeks after each fiscal quarter ends. You can track earnings dates, revenue and EPS estimates, and actual results on this page's Financials tab. Earnings surprises (beats or misses) often cause significant short-term price moves. Your brokerage can send alerts for NGCRF earnings announcements.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available on OTC-listed companies.
- Financial data may not be as readily available or reliable as for exchange-listed companies.
- Analyst coverage may be limited.