Financials NCL International Logistics

Equities

NCL

TH6013010009

Air Freight & Logistics

End-of-day quote Thailand S.E. 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
0.62 THB 0.00% Intraday chart for NCL International Logistics -6.06% -26.19%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 644.9 476.9 331.5 1,678 1,680 443.7
Enterprise Value (EV) 1 875.2 717.7 610.4 1,865 1,948 850.4
P/E ratio 198 x 43.1 x -12.7 x 14.8 x -251 x -1.35 x
Yield 0.47% - - - - -
Capitalization / Revenue 0.53 x 0.38 x 0.38 x 0.87 x 0.87 x 0.63 x
EV / Revenue 0.72 x 0.57 x 0.69 x 0.97 x 1 x 1.21 x
EV / EBITDA 20 x 56.1 x -18.2 x 12.1 x 57.8 x -3.56 x
EV / FCF -39.4 x -25 x 188 x 79.4 x 94.3 x -253 x
FCF Yield -2.54% -4% 0.53% 1.26% 1.06% -0.39%
Price to Book 2.36 x 1.67 x 1.3 x 4.06 x 2.57 x 1.33 x
Nbr of stocks (in thousands) 4,54,152 4,54,152 4,54,152 4,66,152 5,28,234 5,28,234
Reference price 2 1.420 1.050 0.7300 3.600 3.180 0.8400
Announcement Date 28/02/19 28/02/20 24/02/21 25/02/22 22/02/23 28/02/24
1THB in Million2THB
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,220 1,270 883.9 1,924 1,939 702.7
EBITDA 1 43.71 12.8 -33.57 154.6 33.72 -238.7
EBIT 1 17.08 -11.17 -48.96 134.4 9.548 -262.1
Operating Margin 1.4% -0.88% -5.54% 6.98% 0.49% -37.3%
Earnings before Tax (EBT) 1 5.507 8.633 -19.4 129.4 1.341 -365.6
Net income 1 3.158 11.06 -26.07 111.1 -6.628 -328.6
Net margin 0.26% 0.87% -2.95% 5.77% -0.34% -46.76%
EPS 2 0.007185 0.0244 -0.0574 0.2439 -0.0127 -0.6220
Free Cash Flow 1 -22.23 -28.72 3.243 23.5 20.66 -3.356
FCF margin -1.82% -2.26% 0.37% 1.22% 1.07% -0.48%
FCF Conversion (EBITDA) - - - 15.2% 61.28% -
FCF Conversion (Net income) - - - 21.15% - -
Dividend per Share 2 0.006700 - - - - -
Announcement Date 28/02/19 28/02/20 24/02/21 25/02/22 22/02/23 28/02/24
1THB in Million2THB
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 230 241 279 187 269 407
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.269 x 18.81 x -8.307 x 1.209 x 7.963 x -1.704 x
Free Cash Flow 1 -22.2 -28.7 3.24 23.5 20.7 -3.36
ROE (net income / shareholders' equity) 0.5% 3.69% -8.27% 31.7% -1.06% -65%
ROA (Net income/ Total Assets) 1.51% -0.9% -3.9% 9.28% 0.5% -14.1%
Assets 1 209.4 -1,227 669 1,197 -1,338 2,330
Book Value Per Share 2 0.6000 0.6300 0.5600 0.8900 1.240 0.6300
Cash Flow per Share 2 0.0800 0.0900 0.1100 0.3200 0.4700 0.0800
Capex 1 2.87 5.58 5.07 28.4 5.88 25.6
Capex / Sales 0.23% 0.44% 0.57% 1.48% 0.3% 3.65%
Announcement Date 28/02/19 28/02/20 24/02/21 25/02/22 22/02/23 28/02/24
1THB in Million2THB
Estimates
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