NLCP (NewLake Capital Partners) Price-to-Funds-From-Operations: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NLCP NewLake Capital Partners Inc NLCP
81 GF Score
Price $15.10
GF Value $15.04
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is NewLake Capital Partners Price-to-Funds-From-Operations?

As of today (2026-09-22), NewLake Capital Partners's share price is $15.10. NewLake Capital Partners's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 was $. Hence, NewLake Capital Partners's Price-to-Funds-From-Operations Ratio for today is .


NewLake Capital Partners  (OTCPK:NLCP) Price-to-Funds-From-Operations Explanation

For common stocks, investors use PE ratio, Price to Earnings raio to compare the valuation of different companies. Price-to-Funds-From-Operations ratio is a comparable measure used in the REIT industry. It's a better way to assess whether a REIT is expensive or cheap relative to peers.


NewLake Capital Partners Price-to-Funds-From-Operations Related Terms


NewLake Capital Partners Price-to-Funds-From-Operations Historical Data

* Premium members only.

The historical data trend for NewLake Capital Partners's Price-to-Funds-From-Operations 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.

NewLake Capital Partners Price-to-Funds-From-Operations Chart

NewLake Capital Partners Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Funds-From-Operations
Get a 7-Day Free Trial - - - - -

NewLake Capital Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Funds-From-Operations 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 - - - - -

NLCP vs LAND, FPI, SELF: Price-to-Funds-From-Operations Comparison

For the REIT - Specialty subindustry, NewLake Capital Partners's Price-to-Funds-From-Operations, along with its competitors' market caps and Price-to-Funds-From-Operations 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 Price-to-Funds-From-Operations vs REITs Industry

For the REITs industry and Real Estate sector, NewLake Capital Partners's Price-to-Funds-From-Operations distribution charts can be found below:

* The bar in red indicates where NewLake Capital Partners's Price-to-Funds-From-Operations falls into.


NLCP
81GF Score
NewLake Capital Partners Inc NLCP
Price-to-Funds-From-Operations is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NewLake Capital Partners Price-to-Funds-From-Operations Calculation

NewLake Capital Partners's Price-to-Funds-From-Operations ratio for today is calculated as

Price-to-Funds-From-Operations Ratio=Share Price/ FFO per Share (TTM)
=15.10/
=

NewLake Capital Partners's Share Price of today is $15.10.
NewLake Capital Partners's FFO per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $.

* 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.

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 $15.10 is trading 0.4% above its estimated GF Value™ of $15.04. GuruFocus considers NewLake Capital Partners to be Fairly Valued.

Key valuation signals for NLCP:

  • Price-to-Funds-From-Operations:
  • GF Value™: $15.04 vs. price of $15.10 (0.4% above fair value)
  • GF Score™: 81/100 with 8 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.
81GF Score

Get the complete analysis for NLCP

Price-to-Funds-From-Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$15.10
Price
$15.04
GF Value