NLCP (NewLake Capital Partners) Moat Score: 4/10 (As of Jul. 31, 2026)

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NLCP NewLake Capital Partners Inc NLCP
83 GF Score
Price $15.61
GF Value $14.85
Valuation Fairly Valued
! 7 Warning Signs
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What is NewLake Capital Partners Moat Score?

NewLake Capital Partners NLCP -0.57% 83 Moat Score is 4 as of Jul. 31, 2026. GuruFocus rates NLCP with a GF Score™ of 83/100 and a GF Value™ of $14.85 (Fairly Valued). The stock has 7 warning signs investors should review. Among 970 REITs companies, NewLake Capital Partners ranks better than 86.91% on this metric.

NewLake Capital Partners has the Moat Score of 4, which implies that the company might have Narrow Moat - Discernible but modest moat.

NewLake Capital Partners has Narrow Moat: NewLake Capital Partners has a discernible but modest moat due to its specialized focus on cannabis-related real estate, which provides some market leadership. However, the lack of significant customer switching costs and limited brand strength keeps its moat narrow.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes NewLake Capital Partners might have Narrow Moat - Discernible but modest moat.

NewLake Capital Partners  (OTCPK:NLCP) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

NewLake Capital Partners Moat Score Related Terms

NLCP vs LAND, FPI, SELF: Moat Score Comparison

For the REIT - Specialty subindustry, NewLake Capital Partners's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's Moat Score distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's Moat Score falls into.


NLCP
83GF Score
NewLake Capital Partners Inc NLCP
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 4 mean?
NewLake Capital Partners (NLCP) has a Moat Score of 4 as of Jul. 31, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, NewLake Capital Partners ranks #127 out of 970 companies in the REITs industry, placing it in the top 13.1%.
Is NewLake Capital Partners' Moat Score too high?
NewLake Capital Partners' current Moat Score is 4. Based on the distribution chart, NewLake Capital Partners ranks #127 out of 970 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 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NewLake Capital Partners' Moat Score compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #127 out of 970 companies for Moat Score. This places NewLake Capital Partners in the top 13% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a REITs company?
A good Moat Score depends on the REITs industry context. However, Moat Score 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 Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. NewLake Capital Partners's current Moat Score is 4. 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 Moat Score is 4. 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 Moat Score calculated?
Moat Score is calculated from a company's financial statements. For NewLake Capital Partners (NLCP), the current Moat Score is 4 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:

  • Moat Score: 4
  • GF Value™: $14.85 vs. price of $15.61 (5.1% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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 Business Description

Industry Real EstateREITs
Address 50 Locust Avenue, First Floor, New Canaan, CT, USA, 06840
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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Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.61
Price
$14.85
GF Value