Nagacorp Ltd

Nagacorp Ltd maintains a conservative capital structure with a debt-to-equity ratio of 0.08, indicating minimal leverage relative to its equity base of $2.40 billion. The company holds a current ratio of 1.55, suggesting adequate short-term liquidity to meet immediate obligations. Despite the low debt levels, the risk assessment flags medium liquidity risk and notes that net cash is negative after subtracting total debt, implying that cash and equivalents are insufficient to cover total liabilities without operating cash flow support. The firm generates robust operating cash flow of $388.5 million, which exceeds its net income of $309.9 million, demonstrating strong cash conversion capabilities.

Profitability metrics show a return on equity (ROE) of 12.9% and a return on assets (ROA) of 11.2%, reflecting efficient use of capital to generate earnings. The company reports a gross profit of $576.9 million on revenue of $709.7 million, resulting in a gross margin of approximately 81.3%, which is characteristic of high-margin leisure or gaming operations. Operating income stands at $311.3 million, yielding an operating margin of roughly 43.9%, indicating strong operational efficiency before interest and taxes. The net income of $309.9 million closely tracks operating income, suggesting minimal non-operating expenses or tax burdens impacting the bottom line.

Revenue concentration and segment details are not explicitly provided in the available data, limiting the ability to assess specific business line contributions or geographic exposure. The classification as Hotels, Restaurants & Leisure suggests a focus on consumer discretionary spending, which is typically sensitive to economic cycles and consumer confidence. Without specific segment breakdowns, the analysis relies on aggregate financial performance to infer business health, noting the high gross margins as a key indicator of pricing power or low variable costs in its core activities.

Growth trajectory analysis is constrained by the absence of historical period data in the input, preventing a year-over-year or quarter-over-quarter trend assessment. The current revenue figure of $709.7 million serves as the baseline for valuation, with the company trading at an EV/Revenue multiple of 22.57, which implies significant market expectations for future growth or premium positioning. The lack of historical data precludes the calculation of compound annual growth rates or the identification of seasonal patterns in revenue generation.

Risk factors include medium liquidity risk and low dilution risk, with the primary concern being the negative net cash position despite low leverage. The dilution risk is assessed as low, supported by the fact that basic and diluted shares outstanding are identical at 4.42 billion, indicating no significant options or convertible securities currently impacting share count. The key flag regarding negative net cash suggests that while the company is not heavily indebted, it may face constraints in funding large capital expenditures or acquisitions without relying on operating cash flows or external financing.

Recent events, filing observations, and news are not provided in the input data, limiting the ability to incorporate recent corporate actions or market sentiment shifts into the analysis. The valuation multiples, including a P/E of 51.09 and P/B of 6.59, suggest that the market prices the company at a premium, potentially reflecting expectations for future earnings growth or asset revaluation. The absence of recent news or filing data means the analysis relies solely on the static financial snapshot and risk assessment provided.

Revenue grew 33.1% CAGR over four years, reaching $709.7 million in FY2026, demonstrating strong top-line expansion.

Net income surged 182.8% year-over-year to $309.9 million in FY2026, highlighting significant profitability acceleration.

Free cash flow increased 219.0% year-over-year to $273.1 million in FY2026, providing substantial liquidity for growth.

Analysts project 59.6% upside to a mean price target of $6.43, reflecting strong market confidence in future performance.

Medium liquidity risk flags potential challenges in trading volume or market depth, which could impact price stability.

Revenue $709.7M, +26,2% YoY; Operating income +180,8% YoY.

• ▍Revenue $709.7M, +26,2% YoY
• ▍Operating income +180,8% YoY
• ▍Net income +182,8% YoY
• ▍Free cash flow +219,0% YoY
• ▍Net margin 43.7%

Revenue $562.5M, +5,5% YoY; Operating income −44,2% YoY.

• ▍Revenue $562.5M, +5,5% YoY
• ▍Operating income −44,2% YoY
• ▍Net income −38,3% YoY
• ▍Free cash flow −61,0% YoY
• ▍Net margin 19.5%

Revenue $533.2M, +15,8% YoY; Operating income +50,8% YoY.

• ▍Revenue $533.2M, +15,8% YoY
• ▍Operating income +50,8% YoY
• ▍Net income +65,7% YoY
• ▍Free cash flow +136,7% YoY
• ▍Net margin 33.3%

Revenue $460.7M, +104,0% YoY; Operating income +227,1% YoY.

• ▍Revenue $460.7M, +104,0% YoY
• ▍Operating income +227,1% YoY
• ▍Net income +172,9% YoY
• ▍Free cash flow +135,7% YoY
• ▍Net margin 23.3%

Revenue $225.9M; Operating income -$103.6M.

• ▍Revenue $225.9M
• ▍Operating income -$103.6M
• ▍Net margin -65.1%