NGCRF (NagaCorp) EBIT: $311.3 Mil (TTM As of Dec. 2025)


NGCRF NagaCorp Ltd NGCRF
64 GF Score
Price $0.49
GF Value $0.70
Valuation Significantly Undervalued
! 1 Warning Sign
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What is NagaCorp EBIT?

NagaCorp NGCRF 64 EBIT is $311.3 Mil as of Dec. 2025. GuruFocus rates NGCRF with a GF Score™ of 64/100 and a GF Value™ of $0.70 (Significantly Undervalued). The stock has 1 warning sign investors should review.

NagaCorp's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was $156.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was $311.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NagaCorp's annualized ROC % for the quarter that ended in Dec. 2025 was 12.52%. NagaCorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NagaCorp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 17.15%.

NagaCorp  (OTCPK:NGCRF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

NagaCorp's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=303.89 * ( 1 - 0.22% )/( (2389.329 + 2455.281)/ 2 )
=303.221442/2422.305
=12.52 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2584.775 - 146.54 - ( 245.334 - max(0, 226.716 - 275.622+245.334))
=2389.329

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2769.098 - 174.06 - ( 372.273 - max(0, 255.937 - 395.694+372.273))
=2455.281

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

2. Joel Greenblatt's definition of Return on Capital:

NagaCorp's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=312.746/( ( (2253.465 + max(-133.593, 0)) + (2313.962 + max(-162.707, 0)) )/ 2 )
=312.746/( ( 2253.465 + 2313.962 )/ 2 )
=312.746/2283.7135
=13.69 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.446 + 2.164 + 10.412) - (146.54 + 0 + 5.075)
=-133.593

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.877 + 2.217 + 6.317) - (174.06 + 0 + 2.058)
=-162.707

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

NagaCorp's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=311.253/1814.547
=17.15 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NagaCorp EBIT Related Terms

NagaCorp EBIT Historical Data

* Premium members only.

The historical data trend for NagaCorp's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NagaCorp EBIT Chart

NagaCorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -103.61 131.72 198.68 110.86 311.25

NagaCorp Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.70 9.30 101.56 154.88 156.37

NGCRF vs LVS, MGM, WYNN: EBIT Comparison

For the Resorts & Casinos subindustry, NagaCorp's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NagaCorp EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, NagaCorp's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NagaCorp's EV-to-EBIT falls into.


NGCRF
64GF Score
NagaCorp Ltd NGCRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NagaCorp EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $311.3 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $311.3 Mil mean?
NagaCorp (NGCRF) has a EBIT of $311.3 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NagaCorp.
Is NagaCorp's EBIT too high?
NagaCorp's current EBIT is $311.3 Mil. Overall, NagaCorp has a GF Score™ of 64/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NagaCorp's EBIT compare to LVS and MGM?
NagaCorp's EBIT of $311.3 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NagaCorp. NagaCorp's current EBIT is $311.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NagaCorp stock overvalued right now?
Based on GuruFocus' analysis, NagaCorp (NGCRF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.70, compared to a current price of $0.49 — trading 30% below its estimated fair value. The current EBIT is $311.3 Mil. NagaCorp's overall GF Score™ is 64/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For NagaCorp (NGCRF), the current EBIT is $311.3 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NagaCorp (NGCRF) Overvalued in 2026?

Based on GuruFocus' analysis, NagaCorp stock appears to be undervalued. The current stock price of $0.49 is trading 30% below its estimated GF Value™ of $0.70. GuruFocus considers NagaCorp to be Significantly Undervalued.

Key valuation signals for NGCRF:

  • EBIT: $311.3 Mil
  • GF Value™: $0.70 vs. price of $0.49 (30% below fair value)
  • GF Score™: 64/100 with 1 warning sign

No single metric tells the full story. See the NGCRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

NagaCorp Business Description

Address NagaWorld Samdech Techo, P.O. Box 1099, Hun Sen Park, Phnom Penh, KHM, 120101
NagaCorp Ltd is an investment holding company. Through its subsidiaries, it is engaged principally in the management and operation of a hotel and casino complex known as NagaWorld in Phnom Penh, the capital city of Cambodia. The company has two business segments, Casino Operations and Hotel and Entertainment Operations. The Casino Operations business, which generates the maximum revenue, comprises all gaming activities at Naga 1 and Naga 2, Naga 3 and in Russia. The Hotel and Entertainment Operations segment comprises the operations of leisure, hotel and entertainment activities. Geographically, The company's operations and activities are mainly located in Cambodia.
64GF Score

Get the complete analysis for NGCRF

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.49
Price
$0.70
GF Value