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NewLake Capital PartnersNLCP 83 5-Year Yield-on-Cost % is 10.96 as of Jul. 31, 2026, which is 12% above its 10-year median of 9.78. 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 860 REITs companies, NewLake Capital Partners ranks better than 69.77% on this metric.
NewLake Capital Partners (OTCPK:NLCP) 5-Year Yield-on-Cost % Explanation
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
NewLake Capital Partners 5-Year Yield-on-Cost % Related Terms
NLCP vs LAND, FPI, SELF: 5-Year Yield-on-Cost % Comparison
For the REIT - Specialty subindustry, NewLake Capital Partners's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, NewLake Capital Partners's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where NewLake Capital Partners's 5-Year Yield-on-Cost % falls into.
NewLake Capital Partners 5-Year Yield-on-Cost % Calculation
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
NewLake Capital Partners (NLCP) has a 5-Year Yield-on-Cost % of 10.96 as of Jul. 31, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on NewLake Capital Partners and its competitors. This is 12% above median its historical median of 9.78. Over the past decade, NewLake Capital Partners' 5-Year Yield-on-Cost % has ranged from 0.38 to 13.82. According to the industry distribution chart, NewLake Capital Partners ranks #260 out of 860 companies in the REITs industry, placing it in the top 30.2%.
Is NewLake Capital Partners' 5-Year Yield-on-Cost % too high?
NewLake Capital Partners' current 5-Year Yield-on-Cost % of 10.96 is 12% above median its 10-year median of 9.78. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 13.82. The REITs industry median 5-Year Yield-on-Cost % is 7.33. NewLake Capital Partners' value of 10.96 is 49.6% above this industry median. Based on the distribution chart, NewLake Capital Partners ranks #260 out of 860 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' 5-Year Yield-on-Cost % compare to LAND and FPI?
According to the REITs industry distribution chart, NewLake Capital Partners ranks #260 out of 860 companies for 5-Year Yield-on-Cost %. This puts NewLake Capital Partners in the upper half of its industry. The industry median 5-Year Yield-on-Cost % is 7.33. NewLake Capital Partners' value of 10.96 is 49.6% above this benchmark. Historically, NewLake Capital Partners' own 5-Year Yield-on-Cost % has ranged from 0.38 to 13.82 over the past decade. While the company's 10-year median is 9.78 vs. the industry median of 7.33, NewLake Capital Partners has consistently been above 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 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.33, based on 860 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NewLake Capital Partners's current 5-Year Yield-on-Cost % of 10.96 is 49.6% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on NewLake Capital Partners and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NewLake Capital Partners's current 5-Year Yield-on-Cost % is 10.96, which is 12% above median its own 10-year median of 9.78. 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 $15.70 — trading 5.7% above its estimated fair value. The current 5-Year Yield-on-Cost % is 10.96, which is 12% above median its 10-year median of 9.78 and 49.6% above the REITs industry median of 7.33. 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 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For NewLake Capital Partners (NLCP), the current 5-Year Yield-on-Cost % is 10.96 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 $15.70 is trading 5.7% above its estimated GF Value™ of $14.85.
GuruFocus considers NewLake Capital Partners to be Fairly Valued.
Key valuation signals for NLCP:
5-Year Yield-on-Cost %: 10.96 (12% above median its 10-year median of 9.78)
GF Value™: $14.85 vs. price of $15.70 (5.7% above fair value)
Industry Position: 49.6% above the REITs median (#260 of 860)
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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