EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

NCL International Logistics Public Company Limited (NCL) fair value: what the stock is really worth

We calculate from audited financials what NCL International Logistics Public Company Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

Valuation from Jul 17, 2026. With the latest figures (losses, negative cash flow), a fair value can no longer be calculated.
  1. Fair value above price? No
  2. Good quality? No
  3. Add to watchlist

Industrials · TH · ISIN TH6013010009

NI Thin data Jul 17, 2026

NCL International Logistics Public Company Limited

NCL · BK

Weakest SetupStrongly overvalued and low quality.

!Fair value 0.0255 THB · Strongly overvalued (−87%)
!Quality 35/100
!Weak Growth (revenue 5y −0.6 %/yr)
!Loss-making · -10.4% net margin (TTM)
!Moderate debt · negative free cash flow
!Trails peers (1/9)
!Narrow moat 9/100
!Evidence only low, so the estimate is less certain
Watch NCL International Logistics Public Company Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free Pro now: $1 first month

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

24.94 THB 0.1900 THB Fair Value 0.0255 THB Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.1900 THB – 24.94 THB · fair‑value band 0.0170 THB – 0.0340 THB · the 0.1900 THB price screens above the 0.0255 THB fair value. Dashed = 300-day average. As of Jul 17, 2026.

Follow NCL International Logistics Public Company in your weekly email

Every Wednesday you see whether NCL International Logistics Public Company is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

NCL International Logistics Public Company Limited, together with its subsidiaries, provides freight forwarding in Thailand and internationally. The company operates through four segments: Land Transportation; Freight Forwarder; Non-Vessel Operating Common Carrier; and Services Under Contracts.

Show more

NCL International Logistics Public Company Limited, together with its subsidiaries, provides freight forwarding in Thailand and internationally. The company operates through four segments: Land Transportation; Freight Forwarder; Non-Vessel Operating Common Carrier; and Services Under Contracts. It offers transport services, such as sea and air freight services; sea freight transport services, including full container load, FCL less than container load, LCL shipper owned container, and SOC; freight transport services by tractor heads and trailer trucks; and services concerning customs formalities and relevant documentation. The company also provides freight related services for imports and exports; digital content support systems through telecommunication channels; produces and sells dialysis solution for kidney disease patients with an artificial kidney; and distributes medical supplies for use in hemodialysis comprising planning, management, and solutions. In addition, it operates as a goods issuance agent; customs broker and multimodal transport operator; and procurement and fulfillment businesses. The company was formerly known as Regional First Jubilee Co., Ltd. NCL International Logistics Public Company Limited was founded in 1994 and is based in Bangkok, Thailand.

Stock analysis

NCL International Logistics Public Company Limited (NCL) currently trades at 0.1900 THB, while our model-based Fair Value estimate is 0.0255 THB, implying the stock looks roughly 645.1% overvalued today.

Show more

Valuation

How firm this estimate is: it rests on 1 models at a data quality of 94/100, which puts the evidence level at low.

Scenario range: 0.0170 THB (bear) to 0.0340 THB (bull), the price of 0.1900 THB sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 35/100 (below-average quality), in the Industrials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

NCL International Logistics Public Company Limited reported revenue of 860M THB in FY2025 versus 1.9B THB in FY2021, a compound −17.9%/yr. Reported net income was −94.9M THB in FY2025.

Key figures

Market cap 129M THB (≈ $3.9M) · P/S ratio 0.16 · EPS (TTM) −0.1400 THB · Net margin −11.0% · Return on equity −214% · Return on assets (EBIT) −14.7% · Operating margin −10.3% · Revenue (TTM) 831M THB.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (medium confidence).

What moves the price

The share trades about 51% below its 52-week high and 375% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −87%, NCL screens richer than that median.

Fair Value models

Bear 0.0170 THB Fair Value 0.0255 THB Bull 0.0340 THB
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
NCAV (Graham) 0.0200 THB 0.0300 THB 0.0400 THB 54
All 1 models by family
Asset-Based
NCAV (Graham) 0.0200 THB 0.0300 THB 0.0400 THB 54

Open the full fair value analysis →

Notify me when NCL reaches fair value

Put NCL on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 35/100

Of which business quality 32 · Market factors (momentum, volatility) 15

Profitability 27
Margins and returns on capital today
Quality Growth 95
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 1
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 18
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 9/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+25.4%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−23.3%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−0.6%
Start year 2020 (pandemic). Over 10 years: −2.2% a year
Revenue growth 13 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.3%
Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−0.7% (2020) → −6.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

NCL screens 645% overvalued. Compare with United Parcel Service, Inc →

Compare NCL International Logistics Public Company Limited with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Integrated Freight & Logistics · 217 stocks

Beats the industry median on 0/7 measures
Overall it trails its industry peers.
Valuation
Quality Score 32 · Bottom 25%
Fair Value upside −87% · Bottom 25%
Profitability
Return on assets −3% · Bottom 25%
Net margin (TTM) −10% · Bottom 25%
Operating margin (TTM) −10% · Bottom 25%
Growth and dividend
Revenue growth −23% · Bottom 25%
Balance sheet
Debt / equity 1.06× · Highest 25%

Valuation Multiplesvs Integrated Freight & Logistics median · lower = cheaper

P/B 0.13× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 51
FUTURE (revenue growth)0 · sector 8
PAST (return on equity)0 · sector 26
HEALTH (low debt)47 · sector 92
DIVIDEND (yield)0 · sector 62

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
United Parcel Service, Inc UPS $95.82 $107.84 +13%
FedEx Corporation FDX $291.50 $347.68 +19%
Deutsche Post AG DHL €56.48 €136.05 +141%
DSV A/S DSV kr 1,235 kr 712.57 −42%
Kuehne + Nagel International AG KNIN CHF 228.10 CHF 147.92 −35%
J.B. Hunt Transport Services, Inc JBHT $234.63 $133.80 −43%
S.F. Holding 002352 ¥30.94 ¥106.04 +243%
C.H. Robinson Worldwide, Inc CHRW $149.67 $86.56 −42%
Expeditors International of Washington, Inc EXPD $188.03 $115.95 −38%
ZTO Express (Cayman) Inc 2057 HK$155.70 HK$260.98 +68%

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark
Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

NCL International Logistics Public Company Limited · Fair Value
0.0255 THB −645%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "NCL International Logistics Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/NCL

Frequently asked questions

Is NCL International Logistics Public Company Limited (NCL) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.0255 THB versus a price of 0.1900 THB, about −87% upside (overvalued).
What is the fair value of NCL?
Our model-based fair value for NCL International Logistics Public Company Limited is 0.0255 THB (as of Jul 17, 2026), built from audited fundamentals. The current price: 0.1900 THB.
What is the quality score of NCL?
NCL International Logistics Public Company Limited has a Quality Score of 35/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for NCL International Logistics Public Company Limited (NCL)?
Our model-based price target is the fair value of 0.0255 THB (as of Jul 17, 2026) from 1 valuation models. Cautious scenario 0.0170 THB, optimistic scenario 0.0340 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the NCL International Logistics Public Company Limited stock forecast for 2026?
Our models put fair value at 0.0255 THB, about −87% upside versus a price of 0.1900 THB (overvalued). Cautious scenario 0.0170 THB, optimistic scenario 0.0340 THB. The calculation is refreshed regularly with new filings.
What is the revenue of NCL International Logistics Public Company Limited (NCL)?
NCL International Logistics Public Company Limited reported trailing-twelve-month revenue of about 831M THB (latest available figure, as of Jul 17, 2026).
What is the intrinsic value of NCL International Logistics Public Company Limited (NCL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NCL International Logistics Public Company Limited it is 0.0255 THB per share (as of Jul 17, 2026), against a price of 0.1900 THB. It is the blended result of 1 valuation models (cash flow, earnings, asset, dividend).
Is NCL International Logistics Public Company Limited stock overvalued or undervalued in 2026?
As of Jul 17, 2026, NCL trades above its calculated fair value: price 0.1900 THB, fair value 0.0255 THB, a gap of about −87% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NCL?
No. The price is what the market pays today (0.1900 THB); the fair value is what the company's own numbers justify (0.0255 THB). For NCL International Logistics Public Company Limited the two are 0.1645 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is NCL International Logistics Public Company Limited worth?
The market values NCL International Logistics Public Company Limited at about 129M THB (market capitalisation, as of Jul 17, 2026). Per share that is 0.1900 THB; our models calculate a fair value of 0.0255 THB per share.
What do the bullish and bearish scenarios say about NCL?
Our models span a range for NCL International Logistics Public Company Limited: cautious scenario 0.0170 THB, base 0.0255 THB, optimistic 0.0340 THB per share (as of Jul 17, 2026, price 0.1900 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of NCL International Logistics Public Company Limited (NCL)?
Balance-sheet figures for NCL International Logistics Public Company Limited (as of Jul 17, 2026): return on equity −214.0%, debt of 1.06 per unit of equity. They feed the Quality Score of 35/100, which measures business quality independently of the share price.
How far is NCL from its 52-week high?
NCL International Logistics Public Company Limited trades at 0.1900 THB, about 51% below its 52-week high of 0.3900 THB and 375% above the low of 0.0400 THB (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 0.0255 THB is for.
Which stocks are comparable to NCL International Logistics Public Company Limited?
From the same area (Industrials) we also value United Parcel Service, Inc, FedEx Corporation, Deutsche Post AG, DSV A/S, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is NCL International Logistics Public Company Limited stock attractive at the current price?
The data as of Jul 17, 2026: price 0.1900 THB, calculated fair value 0.0255 THB (−87%), Quality Score 35/100, from 1 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NCL calculated?
We run NCL International Logistics Public Company Limited through 1 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.0255 THB, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. NCL International Logistics Public Company Limited itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of NCL International Logistics Public Company Limited (NCL)?
The closing price on Sep 24, 2026 was 0.1900 THB. Our model-based fair value is 0.0255 THB, about −87% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NCL International Logistics Public Company Limited right now?
The price sits above even our optimistic bull case (0.0340 THB). The favourable scenario is already priced in. Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (0.0170 THB to 0.0340 THB) leaves room in how you read the outcome.

Key figures of NCL International Logistics Public Company Limited

How large is the market capitalisation of NCL International Logistics Public Company Limited (NCL)?
The market capitalisation of NCL International Logistics Public Company Limited is 129M THB (≈ $3.9M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of NCL International Logistics Public Company Limited (NCL)?
The price-to-sales ratio of NCL International Logistics Public Company Limited is 0.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NCL International Logistics Public Company Limited (NCL)?
Earnings per share at NCL International Logistics Public Company Limited are −0.1400 THB. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of NCL International Logistics Public Company Limited (NCL)?
The net margin of NCL International Logistics Public Company Limited is −11.0% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of NCL International Logistics Public Company Limited (NCL)?
The return on equity (ROE) of NCL International Logistics Public Company Limited is −214% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of NCL International Logistics Public Company Limited (NCL)?
On an EBIT basis the return on assets of NCL International Logistics Public Company Limited is −14.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of NCL International Logistics Public Company Limited (NCL)?
The operating margin of NCL International Logistics Public Company Limited is −10.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NCL International Logistics Public Company Limited (NCL)?
Revenue at NCL International Logistics Public Company Limited is growing −23.0% versus a year earlier (3y avg −23.3%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at NCL International Logistics Public Company Limited (NCL)?
Earnings per share at NCL International Logistics Public Company Limited are growing −86.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does NCL International Logistics Public Company Limited (NCL) generate?
The free cash flow of NCL International Logistics Public Company Limited is −42.7M THB (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does NCL International Logistics Public Company Limited (NCL) carry?
The net debt of NCL International Logistics Public Company Limited is 90.1M THB (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch NCL International Logistics Public Company Limited in the live analysis

One click puts NCL International Logistics Public Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.