Next Capital PCL (BKK:NCAP) EBITDA Margin %: 33.28% (As of Mar. 2026) — 62% Above Median


BKK:NCAP Next Capital PCL BKK:NCAP
75 GF Score
Price ฿2.64
GF Value ฿2.92
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Next Capital PCL EBITDA Margin %?

Next Capital PCL BKK:NCAP +0.76% 75 EBITDA Margin % is 33.28% as of Mar. 2026, which is 62% above its 10-year median of 20.54. GuruFocus rates BKK:NCAP with a GF Score™ of 75/100 and a GF Value™ of ฿2.92 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 414 Credit Services companies, Next Capital PCL ranks better than 73.43% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Next Capital PCL's EBITDA for the three months ended in Mar. 2026 was ฿172 Mil. Next Capital PCL's Revenue for the three months ended in Mar. 2026 was ฿517 Mil. Therefore, Next Capital PCL's EBITDA margin for the quarter that ended in Mar. 2026 was 33.28%.


Next Capital PCL  (BKK:NCAP) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Next Capital PCL EBITDA Margin % Related Terms


Next Capital PCL EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Next Capital PCL's EBITDA Margin % 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.

Next Capital PCL EBITDA Margin % Chart

Next Capital PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial 20.44 14.10 20.63 19.75 38.31

Next Capital PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 24.53 27.40 27.84 72.34 33.28

BKK:NCAP vs V, MA, AXP: EBITDA Margin % Comparison

For the Credit Services subindustry, Next Capital PCL's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Next Capital PCL EBITDA Margin % vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Next Capital PCL's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Next Capital PCL's EBITDA Margin % falls into.


BKK:NCAP
75GF Score
Next Capital PCL BKK:NCAP
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Next Capital PCL EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Next Capital PCL's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=745.144/1945.069
=38.31 %

Next Capital PCL's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=171.904/516.552
=33.28 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 33.28% mean?
Next Capital PCL (BKK:NCAP) has a EBITDA Margin % of 33.28% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Next Capital PCL and its competitors. This is 62% above median its historical median of 20.54. Over the past decade, Next Capital PCL's EBITDA Margin % has ranged from 13.77 to 49.82. According to the industry distribution chart, Next Capital PCL ranks #110 out of 414 companies in the Credit Services industry, placing it in the top 26.6%.
Is Next Capital PCL's EBITDA Margin % too high?
Next Capital PCL's current EBITDA Margin % of 33.28% is 62% above median its 10-year median of 20.54. Over the past 10 years, this metric has ranged from a low of 13.77 to a high of 49.82. The Credit Services industry median EBITDA Margin % is 20.91. Next Capital PCL's value of 33.28% is 59.2% above this industry median. Based on the distribution chart, Next Capital PCL ranks #110 out of 414 companies in the Credit Services industry, which is above the industry midpoint. Overall, Next Capital PCL has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Next Capital PCL's EBITDA Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Next Capital PCL ranks #110 out of 414 companies for EBITDA Margin %. This puts Next Capital PCL in the upper half of its industry. The industry median EBITDA Margin % is 20.91. Next Capital PCL's value of 33.28% is 59.2% above this benchmark. Historically, Next Capital PCL's own EBITDA Margin % has ranged from 13.77 to 49.82 over the past decade. While the company's 10-year median is 20.54 vs. the industry median of 20.91, Next Capital PCL 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 EBITDA Margin % for a Credit Services company?
The median EBITDA Margin % among Credit Services companies is 20.91, based on 414 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Next Capital PCL's current EBITDA Margin % of 33.28% is 59.2% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Next Capital PCL and its competitors. For the Credit Services industry, the median EBITDA Margin % is 20.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next Capital PCL's current EBITDA Margin % is 33.28%, which is 62% above median its own 10-year median of 20.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Capital PCL stock overvalued right now?
Based on GuruFocus' analysis, Next Capital PCL (BKK:NCAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿2.92, compared to a current price of ฿2.64 — trading 9.6% below its estimated fair value. The current EBITDA Margin % is 33.28%, which is 62% above median its 10-year median of 20.54 and 59.2% above the Credit Services industry median of 20.91. Next Capital PCL's overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Next Capital PCL (BKK:NCAP), the current EBITDA Margin % is 33.28% 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 Next Capital PCL (BKK:NCAP) Overvalued in 2026?

Based on GuruFocus' analysis, Next Capital PCL stock appears to be undervalued. The current stock price of ฿2.64 is trading 9.6% below its estimated GF Value™ of ฿2.92. GuruFocus considers Next Capital PCL to be Modestly Undervalued.

Key valuation signals for BKK:NCAP:

  • EBITDA Margin %: 33.28% (62% above median its 10-year median of 20.54)
  • GF Value™: ฿2.92 vs. price of ฿2.64 (9.6% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 59.2% above the Credit Services median (#110 of 414)

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


Next Capital PCL Business Description

Address Surawong Road, No. 163 Thai Samut Building, 15th Floor, Suriyawong, Bangrak, Bangkok, THA, 10500
Next Capital PCL is principally engaged in the financial services specifically motorcycle hire-purchase and loans secured against vehicle registrations. It operates in two segments: Motorcycle hire-purchase and Loans secured against vehicle registrations.
75GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿2.64
Price
฿2.92
GF Value