NewLake Capital PartnersNLCP +0.96%82 EV-to-FCF is 7.35 as of Jun. 29, 2026, which is 9% below its 10-year median of 8.06. GuruFocus rates NLCP with a GF Score™ of 82/100 and a GF Value™ of $14.94 (Fairly Valued). The stock has 8 warning signs investors should review. Among 741 REITs companies, NewLake Capital Partners ranks better than 91.9% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NewLake Capital Partners's Enterprise Value is $313.67 Mil.
NewLake Capital Partners's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $42.69 Mil. Therefore, NewLake Capital Partners's EV-to-FCF for today is 7.35.
The historical rank and industry rank for NewLake Capital Partners's EV-to-FCF or its related term are showing as below:
NLCP'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.87 Med: 8.06 Max: 38.02
Current: 7.35
During the past 6 years, the highest EV-to-FCF of NewLake Capital Partners was 38.02. The lowest was 5.87. And the median was 8.06.
NLCP's EV-to-FCF is ranked better than 91.9% of 741
companies
in the REITs industry
Industry Median: 22.98
vs NLCP: 7.35
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NewLake Capital Partners (OTCPK:NLCP) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NewLake Capital Partners's PE Ratio (TTM) for today is calculated as:
NewLake Capital Partners's share price for today is $15.75.
NewLake Capital Partners's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.240.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NewLake Capital Partners EV-to-FCF Related Terms
NewLake Capital Partners EV-to-FCF Historical Data
* 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.
For the REIT - Specialty subindustry, NewLake Capital Partners's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
NewLake Capital Partners EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, NewLake Capital Partners's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NewLake Capital Partners's EV-to-FCF falls into.
NewLake Capital Partners's current Enterprise Value is $313.67 Mil.
NewLake Capital Partners's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $42.69 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.
NewLake Capital Partners (NLCP) has a EV-to-FCF of 7.35 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NewLake Capital Partners and its competitors. This is near median its historical median of 8.06. Over the past decade, NewLake Capital Partners' EV-to-FCF has ranged from 5.87 to 38.02. According to the industry distribution chart, NewLake Capital Partners ranks #60 out of 741 companies in the REITs industry, placing it in the top 8.1%.
Is NewLake Capital Partners' EV-to-FCF too high?
NewLake Capital Partners' current EV-to-FCF of 7.35 is near median its 10-year median of 8.06. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 38.02. The REITs industry median EV-to-FCF is 22.98. NewLake Capital Partners' value of 7.35 is 68% below this industry median. Based on the distribution chart, NewLake Capital Partners ranks #60 out of 741 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, NewLake Capital Partners has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' EV-to-FCF compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #60 out of 741 companies for EV-to-FCF. This places NewLake Capital Partners in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 22.98. NewLake Capital Partners' value of 7.35 is 68% below this benchmark. Historically, NewLake Capital Partners' own EV-to-FCF has ranged from 5.87 to 38.02 over the past decade. While the company's 10-year median is 8.06 vs. the industry median of 22.98, NewLake Capital Partners has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.98, based on 741 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NewLake Capital Partners's current EV-to-FCF of 7.35 is 68% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NewLake Capital Partners and its competitors. For the REITs industry, the median EV-to-FCF is 22.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewLake Capital Partners's current EV-to-FCF is 7.35, which is near median its own 10-year median of 8.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NewLake Capital Partners stock overvalued right now?
Based on GuruFocus' analysis, NewLake Capital Partners (NLCP) is currently considered Fairly Valued. The stock's GF Value™ is $14.94, compared to a current price of $15.75 — trading 5.4% above its estimated fair value. The current EV-to-FCF is 7.35, which is near median its 10-year median of 8.06 and 68% below the REITs industry median of 22.98. NewLake Capital Partners' overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For NewLake Capital Partners (NLCP), the current EV-to-FCF is 7.35 as of Jun. 29, 2026. 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 NewLake Capital Partners (NLCP) Overvalued in 2026?
Based on GuruFocus' analysis, NewLake Capital Partners stock appears to be overvalued.
The current stock price of $15.75 is trading 5.4% above its estimated GF Value™ of $14.94.
GuruFocus considers NewLake Capital Partners to be Fairly Valued.
Key valuation signals for NLCP:
EV-to-FCF: 7.35 (near median its 10-year median of 8.06)
GF Value™: $14.94 vs. price of $15.75 (5.4% above fair value)
Industry Position: 68% below the REITs median (#60 of 741)
No single metric tells the full story. See the NLCP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NewLake Capital Partners Inc is an internally managed real estate investment trust (REIT) focused on providing real estate capital to state-licensed cannabis operators through sale-leaseback transactions, third-party purchases and funding for build-to-suit projects. properties are leased to single tenants on a long-term, triple-net basis, which obligates the tenant to be responsible for the ongoing expenses of a property, in addition to its rent obligations. Its tenants operate in the fast-growing cannabis industry.
82GF Score
Get the complete analysis for NLCP
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NLCP has been successfully added to your 
