Loading...

NagaCorp

DB:N9J
Snowflake Description

Undervalued with solid track record and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
N9J
DB
HK$40B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

NagaCorp Ltd., an investment holding company, engages in the hotel, gaming, and leisure businesses in the Kingdom of Cambodia. The last earnings update was 89 days ago. More info.


Add to Portfolio Compare Print
  • NagaCorp has significant price volatility in the past 3 months.
N9J Share Price and Events
7 Day Returns
2.3%
DB:N9J
-1%
DE Hospitality
0.2%
DE Market
1 Year Returns
31.3%
DB:N9J
-52.6%
DE Hospitality
-10.9%
DE Market
N9J Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NagaCorp (N9J) 2.3% -2.7% -11.7% 31.3% 77.8% 66.6%
DE Hospitality -1% -10.9% -11.5% -52.6% -32.4% -25.2%
DE Market 0.2% -2.5% -2% -10.9% 8.9% 6.3%
1 Year Return vs Industry and Market
  • N9J outperformed the Hospitality industry which returned -52.6% over the past year.
  • N9J outperformed the Market in Germany which returned -10.9% over the past year.
Price Volatility
N9J
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for NagaCorp's competitors could be found in our database.

N9J Value

 Is NagaCorp undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NagaCorp to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NagaCorp.

DB:N9J Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:N9J
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.919 (1 + (1- 20%) (5.68%))
0.974
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.974 * 5.96%)
6.03%

Discounted Cash Flow Calculation for DB:N9J using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NagaCorp is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:N9J DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.03%)
2019 358.80 Analyst x1 338.39
2020 481.30 Analyst x1 428.10
2021 619.90 Analyst x1 520.02
2022 729.63 Est @ 17.7% 577.25
2023 820.53 Est @ 12.46% 612.25
2024 892.65 Est @ 8.79% 628.17
2025 948.19 Est @ 6.22% 629.30
2026 990.13 Est @ 4.42% 619.76
2027 1,021.46 Est @ 3.16% 603.00
2028 1,044.79 Est @ 2.28% 581.69
Present value of next 10 years cash flows $5,537.93
DB:N9J DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $1,044.79 × (1 + 0.23%) ÷ (6.03% – 0.23%)
$18,044.55
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $18,044.55 ÷ (1 + 6.03%)10
$10,046.32
DB:N9J Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $5,537.93 + $10,046.32
$15,584.25
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $15,584.25 / 4,341.01
$32.38
DB:N9J Discount to Share Price
Calculation Result
Exchange Rate USD/HKD
(Reporting currency to currency of SEHK:3918)
7.833
Value per Share
(HKD)
= Value per Share in USD x Exchange Rate (USD/HKD)
= $3.59 x 7.833
HK$28.12
Non-primary Listing Adjustment Factor 1 share in DB:N9J represents 0.11087x of SEHK:3918
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11087x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 28.12 x 0.11087
€3.12
Value per share (EUR) From above. €3.12
Current discount Discount to share price of €1.02
= -1 x (€1.02 - €3.12) / €3.12
67.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price NagaCorp is available for.
Intrinsic value
>50%
Share price is €1.02 vs Future cash flow value of €3.12
Current Discount Checks
For NagaCorp to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • NagaCorp's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • NagaCorp's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NagaCorp's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NagaCorp's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:N9J PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.09
SEHK:3918 Share Price ** SEHK (2019-06-18) in HKD HK$9.24
SEHK:3918 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $1.18
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.63x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NagaCorp.

DB:N9J PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:3918 Share Price ÷ EPS (both in USD)

= 1.18 ÷ 0.09

13.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NagaCorp is good value based on earnings compared to the DE Hospitality industry average.
  • NagaCorp is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does NagaCorp's expected growth come at a high price?
Raw Data
DB:N9J PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
13.1%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.3x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

DB:N9J PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.11x ÷ 13.1%

1x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NagaCorp is good value based on expected growth next year.
Price based on value of assets
What value do investors place on NagaCorp's assets?
Raw Data
DB:N9J PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.35
SEHK:3918 Share Price * SEHK (2019-06-18) in HKD HK$9.24
SEHK:3918 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.128 $1.18
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.04x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.77x
DB:N9J PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:3918 Share Price ÷ Book Value per Share (both in USD)

= 1.18 ÷ 0.35

3.33x

* Primary Listing of NagaCorp.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NagaCorp is overvalued based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess NagaCorp's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. NagaCorp has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

N9J Future Performance

 How is NagaCorp expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NagaCorp expected to grow at an attractive rate?
  • NagaCorp's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • NagaCorp's earnings growth is expected to exceed the Germany market average.
  • NagaCorp's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:N9J Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:N9J Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 13.1%
DB:N9J Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 14.1%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:N9J Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:N9J Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 2,298 779 593 6
2020-12-31 2,056 643 507 9
2019-12-31 1,833 580 464 9
DB:N9J Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,474 477 391
2018-09-30 1,381 421 338
2018-06-30 1,288 366 285
2018-03-31 1,122 344 270
2017-12-31 956 322 255
2017-09-30 801 282 232
2017-06-30 645 242 210
2017-03-31 588 222 197
2016-12-31 532 202 184
2016-09-30 531 199 190
2016-06-30 531 197 197
2016-03-31 517 196 185

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NagaCorp's earnings are expected to grow by 13.1% yearly, however this is not considered high growth (20% yearly).
  • NagaCorp's revenue is expected to grow by 14.1% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:N9J Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from NagaCorp Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:N9J Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.14 0.17 0.10 5.00
2020-12-31 0.12 0.14 0.10 8.00
2019-12-31 0.11 0.12 0.09 8.00
DB:N9J Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.09
2018-09-30 0.08
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.08
2017-09-30 0.05
2017-06-30 0.09
2017-03-31 0.08
2016-12-31 0.08
2016-09-30 0.08
2016-06-30 0.09
2016-03-31 0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • NagaCorp is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess NagaCorp's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NagaCorp has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

N9J Past Performance

  How has NagaCorp performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NagaCorp's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NagaCorp's year on year earnings growth rate has been positive over the past 5 years.
  • NagaCorp's 1-year earnings growth exceeds its 5-year average (53.1% vs 19.4%)
  • NagaCorp's earnings growth has exceeded the DE Hospitality industry average in the past year (53.1% vs -2.6%).
Earnings and Revenue History
NagaCorp's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NagaCorp Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:N9J Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,474.29 390.58 79.62
2018-09-30 1,381.00 337.63 77.67
2018-06-30 1,287.71 284.69 75.71
2018-03-31 1,122.03 269.94 71.61
2017-12-31 956.35 255.19 67.51
2017-09-30 800.51 232.40 61.33
2017-06-30 644.68 209.60 55.15
2017-03-31 588.12 196.88 53.90
2016-12-31 531.56 184.16 52.65
2016-09-30 531.12 190.47 51.14
2016-06-30 530.69 196.79 49.63
2016-03-31 517.17 184.71 48.45
2015-12-31 503.66 172.62 47.27
2015-09-30 489.20 171.05 48.83
2015-06-30 474.75 169.49 50.39
2015-03-31 439.52 152.79 50.93
2014-12-31 404.30 136.09 51.48
2014-09-30 394.30 140.57 50.65
2014-06-30 384.30 145.06 49.81
2014-03-31 364.62 142.67 48.39
2013-12-31 344.95 140.29 46.97
2013-09-30 321.56 131.94 45.37
2013-06-30 298.17 123.60 43.77
2013-03-31 288.46 118.37 42.19
2012-12-31 278.76 113.14 40.62
2012-09-30 261.50 105.83 37.62
2012-06-30 244.24 98.51 34.63

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • NagaCorp has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • NagaCorp used its assets more efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • NagaCorp's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess NagaCorp's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NagaCorp has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

N9J Health

 How is NagaCorp's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NagaCorp's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NagaCorp is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NagaCorp's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NagaCorp's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NagaCorp Company Filings, last reported 5 months ago.

DB:N9J Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,539.87 291.12 434.98
2018-09-30 1,539.87 291.12 434.98
2018-06-30 1,437.70 290.65 389.80
2018-03-31 1,437.70 290.65 389.80
2017-12-31 1,382.55 0.00 95.88
2017-09-30 1,382.55 0.00 95.88
2017-06-30 1,367.52 0.00 220.89
2017-03-31 1,367.52 0.00 220.89
2016-12-31 1,250.98 0.00 255.23
2016-09-30 1,250.98 0.00 255.23
2016-06-30 864.29 0.00 177.85
2016-03-31 864.29 0.00 177.85
2015-12-31 686.58 0.00 177.07
2015-09-30 686.58 0.00 177.07
2015-06-30 678.10 0.00 226.84
2015-03-31 678.10 0.00 226.84
2014-12-31 625.50 0.00 194.46
2014-09-30 625.50 0.00 194.46
2014-06-30 613.37 0.00 194.78
2014-03-31 613.37 0.00 194.78
2013-12-31 599.96 0.00 260.07
2013-09-30 599.96 0.00 260.07
2013-06-30 566.50 0.00 234.46
2013-03-31 566.50 0.00 234.46
2012-12-31 401.90 0.00 82.17
2012-09-30 401.90 0.00 82.17
2012-06-30 372.60 0.00 93.63
  • NagaCorp's level of debt (18.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 18.9% today).
  • Debt is well covered by operating cash flow (163.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 25.7x coverage).
X
Financial health checks
We assess NagaCorp's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NagaCorp has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

N9J Dividends

 What is NagaCorp's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.58%
Current annual income from NagaCorp dividends. Estimated to be 5.93% next year.
If you bought €2,000 of NagaCorp shares you are expected to receive €92 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • NagaCorp's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.46%).
  • NagaCorp's dividend is above the markets top 25% of dividend payers in Germany (3.94%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:N9J Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:N9J Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.08 7.00
2020-12-31 0.07 9.00
2019-12-31 0.06 9.00
DB:N9J Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-13 0.054 4.288
2018-03-15 0.035 3.476
2018-02-06 0.035 3.765
2017-03-16 0.036 5.805
2017-02-08 0.036 6.319
2016-08-31 0.047 7.564
2016-03-15 0.046 6.705
2016-02-01 0.046 8.268
2015-03-10 0.042 6.071
2015-02-04 0.042 5.817
2014-03-10 0.043 5.108
2014-02-13 0.043 4.212
2013-04-18 0.038 4.386
2012-02-28 0.031 5.694
2011-11-18 0.031 10.194
2011-07-04 0.015 6.433
2010-08-18 0.014 6.944
2010-04-29 0.007 6.242
2010-02-09 0.007 6.026
2009-09-30 0.005 3.979

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of NagaCorp's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.7x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.7x coverage).
X
Income/ dividend checks
We assess NagaCorp's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NagaCorp afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NagaCorp has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

N9J Management

 What is the CEO of NagaCorp's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lip Chen
COMPENSATION $870,000
AGE 71
CEO Bio

Dr. Lip Keong Chen is the Founder of NagaCorp Ltd., and serves as its Chief Executive Officer. Tan Sri Dr. Chen served as the President of FACB Industries Inc. Bhd. He is the Owner of TanSriChen Inc. Tan Sri Dr. Chen has been the President of Karambunai Corp. Bhd since August 1, 2007. He has been the President of Petaling Tin Berhad since August 1, 2007. He served as the Chief Executive Officer of Karambunai Corp. Bhd from December 22, 1992 to August 1, 2007. He served as the President of FACB Industries Inc. Bhd from August 3, 1994 to September 26, 2008 and as its Chief Executive Officer from August 3, 1994 to August 1, 2007. He served as the Chief Executive Officer of Petaling Tin Berhad from April 15, 1997 to August 1, 2007. He served as the Chief Executive Officer of Composite Technology Research Malaysia Sdn Bhd from 1995 to 2002 and responsible for the development of the Malaysian aerospace industry from design, certification to manufacturing. He has more than 28 years of corporate, managerial and business experience since 1976. He was an Economic Advisor to Samdech Hun Sen, Prime Minister of the Cambodian Government since June 2001. Tan Sri Dr. Chen's had been with Resourceful Petroleum Ltd., has teamed up with PTTEP International Ltd of Thailand, Singapore Petroleum Company Ltd of Singapore and Cooper Energy Ltd of Australia to extract oil and gas in the Gulf of Siam. He served as the Chairman of FACB Industries Inc. Bhd from August 1, 2007 to September 2008. Tan Sri Dr. Chen served as an Executive Chairman of Petaling Tin Bhd from August 1, 2007 to September 2008. He serves as a Director of Ariston and NRCL. He serves as an Executive Director of NagaCorp Ltd. He served as Non Independent Executive Director of FACB Industries Inc. Bhd from August 1, 2007 to November 30, 2016. He served as Non-Independent Executive Director of Karambunai Corp. Bhd since January 31, 1991 until August 26, 2016. He served as an Executive Director of Petaling Tin Berhad since April 15, 1997 until June 29th 2012. He has been conferred with various titles and awards including Darjah Indera Mahkota Pahang (which carries the title “Dato“), Darjah Sultan Salahuddin Aziz (which carries the title “Datuk“) and Panglima Setia Mahkota (which carries the title “Tan Sri“.). He holds a Bachelor of Medicine and Surgery from University of Malaya in 1973 (M.B.B.S. Malaya).

CEO Compensation
  • Lip's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lip's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the NagaCorp management team in years:

5.3
Average Tenure
51
Average Age
  • The average tenure for the NagaCorp management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Lip Chen

TITLE
Founder
COMPENSATION
$870K
AGE
71

Philip Lee

TITLE
Executive Deputy Chairman
COMPENSATION
$383K
AGE
56

Yiy Chen

TITLE
Executive Director
COMPENSATION
$174K
AGE
37
TENURE
4 yrs

Sean Tan

TITLE
CFO & Compliance Officer
AGE
39
TENURE
1.3 yrs

Chai Gerard

TITLE
Head of Investor Relations & MD

Mike Ngai

TITLE
Chief Marketing Officer of South East Asia
AGE
51

Trung Phat Lien

TITLE
Chief Marketing Officer of Macau and China

John Bruce

TITLE
Managing Director

Monica Lam

TITLE
Secretary
COMPENSATION
$27K
AGE
58
TENURE
6.6 yrs

Shiong Lew

TITLE
Executive Assistant to the Chief Executive Officer
COMPENSATION
$238K
AGE
48
TENURE
15.4 yrs
Board of Directors Tenure

Average tenure and age of the NagaCorp board of directors in years:

6.1
Average Tenure
51
Average Age
  • The tenure for the NagaCorp board of directors is about average.
Board of Directors

Tim McNally

TITLE
Chairman
COMPENSATION
$637K
AGE
70
TENURE
14.3 yrs

Lip Chen

TITLE
Founder
COMPENSATION
$870K
AGE
71

Philip Lee

TITLE
Executive Deputy Chairman
COMPENSATION
$383K
AGE
56
TENURE
1.3 yrs

Yiy Chen

TITLE
Executive Director
COMPENSATION
$174K
AGE
37
TENURE
4 yrs

Mun Lim

TITLE
Independent Non-Executive Director
COMPENSATION
$78K
AGE
51
TENURE
11.8 yrs

Michael Lai

TITLE
Independent Non-Executive Director
COMPENSATION
$56K
AGE
49
TENURE
8.2 yrs

Choong Leong

TITLE
Independent Non-Executive Director
COMPENSATION
$11K
AGE
50
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
02. Nov 18 Buy Lip Chen Individual 02. Nov 18 02. Nov 18 1,000,000 €0.86 €858,227
01. Nov 18 Buy Lip Chen Individual 01. Nov 18 01. Nov 18 2,000,000 €0.82 €1,649,030
31. Oct 18 Buy Lip Chen Individual 31. Oct 18 31. Oct 18 2,290,000 €0.81 €1,857,247
13. Sep 18 Buy Lip Chen Individual 13. Sep 18 13. Sep 18 4,000,000 €0.81 €3,233,128
12. Sep 18 Buy Lip Chen Individual 12. Sep 18 12. Sep 18 2,000,000 €0.78 €1,550,961
19. Jun 18 Buy Lip Chen Individual 19. Jun 18 19. Jun 18 5,400,000 €0.81 €4,358,299
X
Management checks
We assess NagaCorp's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NagaCorp has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

N9J News

Simply Wall St News

N9J Company Info

Description

NagaCorp Ltd., an investment holding company, engages in the hotel, gaming, and leisure businesses in the Kingdom of Cambodia. It operates in two segments, Casino Operations, and Hotel and Entertainment Operations. The company owns, manages, and operates NagaWorld, a hotel-casino entertainment complex that consists of 700 suites and deluxe rooms, public and premium gaming halls, an all-suite luxury spa, shopping gallery, 19 food and beverage outlets, entertainment services, and premium meeting spaces, as well as hotel convention spaces for accommodation of approximately 1,000 delegates. It is also involved in the provision of management consulting, aircraft leasing, and tourism services; marketing, sales, consultancy, and services related to travelling, hotels, and resorts; and provision of employment placement agency services. In addition, the company engages in property development and investment activities; and operation of retail business. NagaCorp Ltd. was founded in 1995 and is headquartered in Phnom Penh, the Kingdom of Cambodia.

Details
Name: NagaCorp Ltd.
N9J
Exchange: DB
Founded: 1995
HK$4,571,582,734
4,341,008,041
Website: http://www.nagacorp.com
Address: NagaCorp Ltd.
NagaWorld,
Samdech Techo, Hun Sen Park,
Phnom Penh,
120101,
Cambodia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 3918 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 19. Oct 2006
OTCPK NGCR.F Ordinary Shares Pink Sheets LLC US USD 19. Oct 2006
DB N9J Ordinary Shares Deutsche Boerse AG DE EUR 19. Oct 2006
OTCPK NGCR.Y UNSPONSORED ADR Pink Sheets LLC US USD 05. Jun 2012
Number of employees
Current staff
Staff numbers
8,551
NagaCorp employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/18 20:57
End of day share price update: 2019/06/18 00:00
Last estimates confirmation: 2019/05/29
Last earnings filing: 2019/03/21
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.