NagaCorp
Market Cap
HK$44.4b
Last Updated
2020/11/26 10:03 UTC
Data Sources
Company Financials +
Executive Summary
NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. More Details
Snowflake Analysis
Exceptional growth potential established dividend payer.
Share Price & News
How has NagaCorp's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3918 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3918's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
3918
-1.9%
HK Hospitality
-0.5%
HK Market
1 Year Return
-28.0%
3918
5.2%
HK Hospitality
7.6%
HK Market
Return vs Industry: 3918 underperformed the Hong Kong Hospitality industry which returned 5.2% over the past year.
Return vs Market: 3918 underperformed the Hong Kong Market which returned 7.6% over the past year.
Shareholder returns
| 3918 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -1.9% | -0.5% |
| 30 Day | 17.5% | 8.2% | 5.3% |
| 90 Day | 8.4% | 3.3% | 4.2% |
| 1 Year | -24.7%-28.0% | 6.9%5.2% | 11.9%7.6% |
| 3 Year | 99.7%75.9% | -9.7%-16.2% | -1.2%-11.4% |
| 5 Year | 150.6%97.3% | 41.0%21.8% | 29.7%7.9% |
Long-Term Price Volatility Vs. Market
How volatile is NagaCorp's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Will NagaCorp (HKG:3918) Multiply In Value Going Forward?2 weeks ago | Simply Wall St
Is NagaCorp Ltd.'s (HKG:3918) Latest Stock Performance A Reflection Of Its Financial Health?3 weeks ago | Simply Wall St
Here's Why NagaCorp (HKG:3918) Can Manage Its Debt ResponsiblyValuation
Is NagaCorp undervalued compared to its fair value and its price relative to the market?
19.02x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3918 (HK$10.08) is trading above our estimate of fair value (HK$6.67)
Significantly Below Fair Value: 3918 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3918 is good value based on its PE Ratio (19x) compared to the HK Hospitality industry average (33.5x).
PE vs Market: 3918 is poor value based on its PE Ratio (19x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: 3918 is good value based on its PEG Ratio (0.3x)
Price to Book Ratio
PB vs Industry: 3918 is overvalued based on its PB Ratio (3.6x) compared to the HK Hospitality industry average (0.9x).
Next Steps
Future Growth
How is NagaCorp forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
54.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3918's forecast earnings growth (54.6% per year) is above the savings rate (1.6%).
Earnings vs Market: 3918's earnings (54.6% per year) are forecast to grow faster than the Hong Kong market (21.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3918's revenue (30.4% per year) is forecast to grow faster than the Hong Kong market (13.7% per year).
High Growth Revenue: 3918's revenue (30.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3918's Return on Equity is forecast to be high in 3 years time (23.8%)
Next Steps
Past Performance
How has NagaCorp performed over the past 5 years?
22.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3918 has high quality earnings.
Growing Profit Margin: 3918's current net profit margins (23.9%) are lower than last year (27.9%).
Past Earnings Growth Analysis
Earnings Trend: 3918's earnings have grown significantly by 22.5% per year over the past 5 years.
Accelerating Growth: 3918's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3918 had negative earnings growth (-34.9%) over the past year, making it difficult to compare to the Hospitality industry average (-60.5%).
Return on Equity
High ROE: 3918's Return on Equity (18.7%) is considered low.
Next Steps
Financial Health
How is NagaCorp's financial position?
Financial Position Analysis
Short Term Liabilities: 3918's short term assets ($405.6M) do not cover its short term liabilities ($618.9M).
Long Term Liabilities: 3918's short term assets ($405.6M) exceed its long term liabilities ($84.8M).
Debt to Equity History and Analysis
Debt Level: 3918's debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 3918's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3918's debt is well covered by operating cash flow (197.7%).
Interest Coverage: 3918's interest payments on its debt are well covered by EBIT (90x coverage).
Balance Sheet
Next Steps
Dividend
What is NagaCorp current dividend yield, its reliability and sustainability?
7.83%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3918's dividend (7.83%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.23%).
High Dividend: 3918's dividend (7.83%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)
Stability and Growth of Payments
Stable Dividend: 3918's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3918's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.7%), 3918's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3918's dividends in 3 years are forecast to be covered by earnings (60.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.7yrs
Average management tenure
CEO
Lip Keong Chen (73 yo)
no data
Tenure
US$31,205,000
Compensation
Dr. Lip Keong Chen is the Founder of NagaCorp Ltd., and serves as its Chief Executive Officer. Tan Sri Dr. Chen serves as an Executive President of FACB Industries Incorporated Berhad. He is the Owner of T...
CEO Compensation Analysis
Compensation vs Market: Lip Keong's total compensation ($USD31.21M) is above average for companies of similar size in the Hong Kong market ($USD600.03K).
Compensation vs Earnings: Lip Keong's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | US$31.21m | 63.54% $ 28.2b | |
| Executive Deputy Chairman | 2.67yrs | US$403.00k | no data | |
| Executive Director | 5.42yrs | US$174.00k | no data | |
| CFO & Compliance Officer | 2.67yrs | no data | no data | |
| Managing Director of Finance & Operations | no data | no data | no data | |
| Head of Investor Relations & MD | no data | no data | no data | |
| Chief Marketing Officer of South East Asia | no data | no data | no data | |
| Chief Marketing Officer of Macau and China | no data | no data | no data | |
| Chief Security Officer | no data | no data | no data | |
| Company Secretary | 8yrs | US$27.00k | no data | |
| Executive Assistant to the Chief Executive Officer | 16.83yrs | US$238.00k | no data |
6.7yrs
Average Tenure
53yo
Average Age
Experienced Management: 3918's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | US$31.21m | 63.54% $ 28.2b | |
| Executive Deputy Chairman | 2.67yrs | US$403.00k | no data | |
| Executive Director | 5.42yrs | US$174.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | US$43.00k | no data | |
| Independent Non-Executive Director | 9.58yrs | US$56.00k | no data | |
| Non-executive Chairman | 15.75yrs | US$582.00k | no data | |
| Independent Non-Executive Director | 13.17yrs | US$78.00k | no data |
7.5yrs
Average Tenure
53yo
Average Age
Experienced Board: 3918's board of directors are considered experienced (7.5 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3918 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
NagaCorp Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: NagaCorp Ltd.
- Ticker: 3918
- Exchange: SEHK
- Founded: 1995
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: HK$44.365b
- Shares outstanding: 4.34b
- Website: https://www.nagacorp.com
Number of Employees
Location
- NagaCorp Ltd.
- NagaWorld
- Samdech Techo, Hun Sen Park
- Phnom Penh
- 120101
- Cambodia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3918 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Oct 2006 |
| N9J | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Oct 2006 |
| NGCR.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Oct 2006 |
| NGCR.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Jun 2012 |
Biography
NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia. The company operates in two segments, Casino Operations, and Hotel and Entertainmen...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 10:03 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.