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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NewLake Capital Partners's quarterly market cap
increased
from Sep. 2025 ($272.53 Mil) to Dec. 2025 ($327.31 Mil) but then
declined
from Dec. 2025 ($327.31 Mil) to Mar. 2026 ($297.19 Mil).
NewLake Capital Partners's annual market cap
increased
from Dec. 2023 ($328.27 Mil) to Dec. 2024 ($359.01 Mil) but then
declined
from Dec. 2024 ($359.01 Mil) to Dec. 2025 ($327.31 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. NewLake Capital Partners's Enterprise Value for Today is $310.78 Mil.
NewLake Capital Partners (OTCPK:NLCP) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
NewLake Capital Partners Market Cap Related Terms
NewLake Capital Partners Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs REITs Industry
For the REITs industry and Real Estate sector, NewLake Capital Partners's Market Cap distribution charts can be found below:
* The bar in red indicates where NewLake Capital Partners's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
NewLake Capital Partners's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Market Cap of $321.27 Mil as of Jul. 31, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NewLake Capital Partners and its competitors. According to the industry distribution chart, NewLake Capital Partners ranks #462 out of 963 companies in the REITs industry, placing it in the top 48%.
Is NewLake Capital Partners' Market Cap too high?
NewLake Capital Partners' current Market Cap is $321.27 Mil. The REITs industry median Market Cap is 288.60. NewLake Capital Partners' value of $321.27 Mil is 11.3% above this industry median. Based on the distribution chart, NewLake Capital Partners ranks #462 out of 963 companies in the REITs industry, which is above the industry midpoint. Overall, NewLake Capital Partners has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' Market Cap compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #462 out of 963 companies for Market Cap. This puts NewLake Capital Partners in the upper half of its industry. The industry median Market Cap is 288.60. NewLake Capital Partners' value of $321.27 Mil is 11.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a REITs company?
The median Market Cap among REITs companies is 288.60, based on 963 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NewLake Capital Partners's current Market Cap of $321.27 Mil is 11.3% above 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NewLake Capital Partners and its competitors. For the REITs industry, the median Market Cap is 288.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewLake Capital Partners's current Market Cap is $321.27 Mil. 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 $14.85, compared to a current price of $15.61 — trading 5.1% above its estimated fair value. The current Market Cap is $321.27 Mil and 11.3% above the REITs industry median of 288.60. NewLake Capital Partners' overall GF Score™ is 83/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NewLake Capital Partners (NLCP), the current Market Cap is $321.27 Mil as of Jul. 31, 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 $15.61 is trading 5.1% above its estimated GF Value™ of $14.85.
GuruFocus considers NewLake Capital Partners to be Fairly Valued.
Key valuation signals for NLCP:
Market Cap: $321.27 Mil
GF Value™: $14.85 vs. price of $15.61 (5.1% above fair value)
Industry Position: 11.3% above the REITs median (#462 of 963)
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.
83GF Score
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