NCL International Logistics PCL (BKK:NCL) Cyclically Adjusted FCF per Share: ฿0.01 (As of Mar. 2026)

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BKK:NCL NCL International Logistics PCL BKK:NCL
24 GF Score
Price ฿0.17
GF Value ฿0.36
Valuation Possible Value Trap
! 5 Warning Signs
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What is NCL International Logistics PCL Cyclically Adjusted FCF per Share?

NCL International Logistics PCL BKK:NCL 24 Cyclically Adjusted FCF per Share is ฿0.01 as of Mar. 2026. GuruFocus rates BKK:NCL with a GF Score™ of 24/100 and a GF Value™ of ฿0.36 (Possible Value Trap). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

NCL International Logistics PCL's adjusted free cash flow per share for the three months ended in Mar. 2026 was ฿-0.023. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is ฿0.01 for the trailing ten years ended in Mar. 2026.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2026-07-23), NCL International Logistics PCL's current stock price is ฿0.17. NCL International Logistics PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was ฿0.01. NCL International Logistics PCL's Cyclically Adjusted Price-to-FCF of today is 17.00.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of NCL International Logistics PCL was 25.00. The lowest was 10.00. And the median was 18.00.


NCL International Logistics PCL  (BKK:NCL) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

NCL International Logistics PCL's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=0.17/0.01
=17.00

* 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.

During the past 12 years, the highest Cyclically Adjusted Price-to-FCF of NCL International Logistics PCL was 25.00. The lowest was 10.00. And the median was 18.00.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


NCL International Logistics PCL Cyclically Adjusted FCF per Share Related Terms


NCL International Logistics PCL Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for NCL International Logistics PCL's Cyclically Adjusted FCF per Share 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.

NCL International Logistics PCL Cyclically Adjusted FCF per Share Chart

NCL International Logistics PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.01

NCL International Logistics PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share 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 0.00 0.02 0.02 0.01 0.01

BKK:NCL vs UPS, FDX, JBHT: Cyclically Adjusted FCF per Share Comparison

For the Integrated Freight & Logistics subindustry, NCL International Logistics PCL's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


NCL International Logistics PCL Cyclically Adjusted Price-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, NCL International Logistics PCL's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where NCL International Logistics PCL's Cyclically Adjusted Price-to-FCF falls into.


BKK:NCL
24GF Score
NCL International Logistics PCL BKK:NCL
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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NCL International Logistics PCL Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, NCL International Logistics PCL's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-0.023/330.2130*330.2130
=-0.023

Current CPI (Mar. 2026) = 330.2130.

NCL International Logistics PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.000 241.018 0.000
201609 0.041 241.428 0.056
201612 0.013 241.432 0.018
201703 -0.027 243.801 -0.037
201706 0.026 244.955 0.035
201709 0.020 246.819 0.027
201712 0.031 246.524 0.042
201803 -0.012 249.554 -0.016
201806 0.002 251.989 0.003
201809 -0.003 252.439 -0.004
201812 0.037 251.233 0.049
201903 0.014 254.202 0.018
201906 -0.027 256.143 -0.035
201909 0.016 256.759 0.021
201912 0.003 256.974 0.004
202003 -0.018 258.115 -0.023
202006 0.027 257.797 0.035
202009 0.044 260.280 0.056
202012 0.014 260.474 0.018
202103 0.003 264.877 0.004
202106 0.018 271.696 0.022
202109 0.057 274.310 0.069
202112 0.072 278.802 0.085
202203 0.060 287.504 0.069
202206 0.009 296.311 0.010
202209 -0.116 296.808 -0.129
202212 0.027 296.797 0.030
202303 -0.017 301.836 -0.019
202306 0.036 305.109 0.039
202309 -0.034 307.789 -0.036
202312 -0.109 306.746 -0.117
202403 -0.067 312.332 -0.071
202406 -0.011 314.175 -0.012
202409 -0.055 315.301 -0.058
202412 0.000 315.605 0.000
202503 -0.042 319.799 -0.043
202506 0.050 322.561 0.051
202509 -0.027 324.800 -0.027
202512 -0.026 324.054 -0.026
202603 -0.023 330.213 -0.023

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of ฿0.01 mean?
NCL International Logistics PCL (BKK:NCL) has a Cyclically Adjusted FCF per Share of ฿0.01 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on NCL International Logistics PCL and its competitors.
Is NCL International Logistics PCL's Cyclically Adjusted FCF per Share too high?
NCL International Logistics PCL's current Cyclically Adjusted FCF per Share is ฿0.01. Overall, NCL International Logistics PCL has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NCL International Logistics PCL's Cyclically Adjusted FCF per Share compare to UPS and FDX?
NCL International Logistics PCL's Cyclically Adjusted FCF per Share of ฿0.01 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Transportation company?
A good Cyclically Adjusted FCF per Share depends on the Transportation industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on NCL International Logistics PCL and its competitors. NCL International Logistics PCL's current Cyclically Adjusted FCF per Share is ฿0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NCL International Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, NCL International Logistics PCL (BKK:NCL) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.36, compared to a current price of ฿0.17 — trading 52.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is ฿0.01. NCL International Logistics PCL's overall GF Score™ is 24/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For NCL International Logistics PCL (BKK:NCL), the current Cyclically Adjusted FCF per Share is ฿0.01 as of Mar. 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 NCL International Logistics PCL (BKK:NCL) Overvalued in 2026?

Based on GuruFocus' analysis, NCL International Logistics PCL stock appears to be undervalued. The current stock price of ฿0.17 is trading 52.8% below its estimated GF Value™ of ฿0.36. GuruFocus considers NCL International Logistics PCL to be Possible Value Trap.

Key valuation signals for BKK:NCL:

  • Cyclically Adjusted FCF per Share: ฿0.01
  • GF Value™: ฿0.36 vs. price of ฿0.17 (52.8% below fair value)
  • GF Score™: 24/100 with 5 warning signs

No single metric tells the full story. See the BKK:NCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NCL International Logistics PCL Business Description

Address 56/9-10 Soi Taksin 12/1, Somdejprachaotaksin Road, Bukkalo, Thonburi, Bangkok, THA, 10600
NCL International Logistics PCL is engaged in providing logistics management services, including international freight forwarding, customs broker, inland transportation, multimodal transport operator and all freight-related services for imports and exports. It has four business segments: Non-vessel operating common carrier, Freight forwarder, Land transportation, Services under contracts, with the majority of revenue from Non-vessel operating common carrier.
24GF Score

Get the complete analysis for BKK:NCL

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿0.17
Price
฿0.36
GF Value