| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 5/6 |
| Past Performance | 1/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
3918 Overview
NagaCorp Ltd., an investment holding company, manages and operates a hotel and casino complex in the Kingdom of Cambodia.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$7.25 |
| 52 Week High | HK$5.15 |
| 52 Week Low | HK$11.18 |
| Beta | 1.35 |
| 1 Month Change | 12.23% |
| 3 Month Change | 21.24% |
| 1 Year Change | -13.90% |
| 3 Year Change | 1.26% |
| 5 Year Change | 52.63% |
| Change since IPO | 324.23% |
Recent News & Updates
Here's Why NagaCorp (HKG:3918) Has A Meaningful Debt Burden
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
NagaCorp (HKG:3918) Might Be Having Difficulty Using Its Capital Effectively
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Shareholder Returns
| 3918 | HK Hospitality | HK Market | |
|---|---|---|---|
| 7D | 1.0% | -3.9% | -0.5% |
| 1Y | -13.9% | -26.4% | 6.3% |
Return vs Industry: 3918 exceeded the Hong Kong Hospitality industry which returned -26.4% over the past year.
Return vs Market: 3918 underperformed the Hong Kong Market which returned 6.3% over the past year.
Price Volatility
| 3918 volatility | |
|---|---|
| 3918 Beta | 1.35 |
| Industry Beta | 1.11 |
| Market Beta | 1 |
Stable Share Price: 3918 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 3918's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 6,958 | Lip Keong Chen | https://www.nagacorp.com |
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 Entertainment Operations. It owns, manages, and operates NagaWorld, an integrated hotel and entertainment complex that consists of 700 suites and deluxe rooms, public and premium gaming halls, an all-suite luxury spa, shopping gallery, food and beverage outlets, entertainment services, and meeting spaces, as well as hotel convention spaces for accommodation of approximately 1,000 delegates.
NagaCorp Fundamentals Summary
| 3918 fundamental statistics | |
|---|---|
| Market Cap | US$4.01b |
| Earnings (TTM) | US$4.45m |
| Revenue (TTM) | US$631.61m |
914.1x
P/E Ratio6.4x
P/S RatioIs 3918 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3918 income statement (TTM) | |
|---|---|
| Revenue | US$631.61m |
| Cost of Revenue | US$303.81m |
| Gross Profit | US$327.80m |
| Expenses | US$323.35m |
| Earnings | US$4.45m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.001 |
| Gross Margin | 51.90% |
| Net Profit Margin | 0.70% |
| Debt/Equity Ratio | 32.6% |
How did 3918 perform over the long term?
See historical performance and comparisonValuation
Is NagaCorp undervalued compared to its fair value and its price relative to the market?
914.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3918 (HK$7.25) is trading above our estimate of fair value (HK$3.03)
Significantly Below Fair Value: 3918 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3918 is poor value based on its PE Ratio (914.1x) compared to the Hong Kong Hospitality industry average (19.7x).
PE vs Market: 3918 is poor value based on its PE Ratio (914.1x) compared to the Hong Kong market (9.5x).
Price to Earnings Growth Ratio
PEG Ratio: 3918 is poor value based on its PEG Ratio (7.9x)
Price to Book Ratio
PB vs Industry: 3918 is overvalued based on its PB Ratio (2.4x) compared to the HK Hospitality industry average (1.1x).
Future Growth
How is NagaCorp forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
115.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3918's forecast earnings growth (115.8% per year) is above the savings rate (1.5%).
Earnings vs Market: 3918's earnings (115.8% per year) are forecast to grow faster than the Hong Kong market (17.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3918's revenue (52.9% per year) is forecast to grow faster than the Hong Kong market (12.4% per year).
High Growth Revenue: 3918's revenue (52.9% 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 low in 3 years time (18.4%).
Past Performance
How has NagaCorp performed over the past 5 years?
-0.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3918 has high quality earnings.
Growing Profit Margin: 3918's current net profit margins (0.7%) are lower than last year (23.9%).
Past Earnings Growth Analysis
Earnings Trend: 3918's earnings have declined by 0.5% 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 (-98.5%) over the past year, making it difficult to compare to the Hospitality industry average (34.7%).
Return on Equity
High ROE: 3918's Return on Equity (0.3%) is considered low.
Financial Health
How is NagaCorp's financial position?
Financial Position Analysis
Short Term Liabilities: 3918's short term assets ($382.7M) exceed its short term liabilities ($257.2M).
Long Term Liabilities: 3918's short term assets ($382.7M) do not cover its long term liabilities ($625.6M).
Debt to Equity History and Analysis
Debt Level: 3918's debt to equity ratio (32.6%) 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 not well covered by operating cash flow (1.5%).
Interest Coverage: 3918's interest payments on its debt are not well covered by EBIT (1.7x coverage).
Balance Sheet
Dividend
What is NagaCorp current dividend yield, its reliability and sustainability?
3.04%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3918's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3918's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3918's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3918's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3918 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3918's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.6yrs
Average management tenure
CEO
Lip Keong Chen (74 yo)
no data
Tenure
US$26,937,000
Compensation
Dr. Lip Keong Chen is the Founder of NagaCorp Ltd. and serves as its Chief Executive Officer. Tan Sri Dr. Chen serves as an Executive President of FACB Industries Incorporated Berhad.He is the Owner of Ta...
CEO Compensation Analysis
Compensation vs Market: Lip Keong's total compensation ($USD26.94M) is above average for companies of similar size in the Hong Kong market ($USD694.50K).
Compensation vs Earnings: Lip Keong's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 3918's management team is seasoned and experienced (7.6 years average tenure).
Board Members
Experienced Board: 3918's board of directors are considered experienced (8.4 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 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$31.168b
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/27 10:07 |
| End of Day Share Price | 2021/10/27 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.