Next Capital PCL (BKK:NCAP-R) EV-to-OCF: 168.96 (As of Aug. 31, 2026)

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BKK:NCAP-R Next Capital PCL BKK:NCAP-R
67 GF Score
Price ฿3.61
GF Value ฿2.83
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Next Capital PCL EV-to-OCF?

Next Capital PCL BKK:NCAP-R -0.77% 67 EV-to-OCF is 168.96 as of Aug. 31, 2026. GuruFocus rates BKK:NCAP-R with a GF Score™ of 67/100 and a GF Value™ of ฿2.83 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 543 Credit Services companies, Next Capital PCL ranks worse than 96.32% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Next Capital PCL's Enterprise Value is ฿9,989 Mil. Next Capital PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ฿59 Mil. Therefore, Next Capital PCL's EV-to-OCF for today is 168.96.

The historical rank and industry rank for Next Capital PCL's EV-to-OCF or its related term are showing as below:

BKK:NCAP-R' s EV-to-OCF Range Over the Past 10 Years
Min: -350.66   Med: -4.81   Max: 314.41
Current: 168.96

During the past 8 years, the highest EV-to-OCF of Next Capital PCL was 314.41. The lowest was -350.66. And the median was -4.81.

BKK:NCAP-R's EV-to-OCF is ranked worse than
96.32% of 543 companies
in the Credit Services industry
Industry Median: -0.1 vs BKK:NCAP-R: 168.96

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-31), Next Capital PCL's stock price is ฿3.60505. Next Capital PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿0.488. Therefore, Next Capital PCL's PE Ratio (TTM) for today is 7.39.


Next Capital PCL  (BKK:NCAP-R) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Next Capital PCL's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.60505/0.488
=7.39

Next Capital PCL's share price for today is ฿3.60505.
Next Capital PCL's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿0.488.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Next Capital PCL EV-to-OCF Related Terms


Next Capital PCL EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Next Capital PCL's EV-to-OCF 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 EV-to-OCF Chart

Next Capital PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial -10.30 -3.75 -5.43 -116.18 41.75

Next Capital PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF 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 203.23 131.68 41.75 47.40 147.96

BKK:NCAP-R vs V, MA, AXP: EV-to-OCF Comparison

For the Credit Services subindustry, Next Capital PCL's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Next Capital PCL's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Next Capital PCL's EV-to-OCF falls into.


BKK:NCAP-R
67GF Score
Next Capital PCL BKK:NCAP-R
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Next Capital PCL EV-to-OCF Calculation

Next Capital PCL's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9988.982/59.119
=168.96

Next Capital PCL's current Enterprise Value is ฿9,989 Mil.
Next Capital PCL's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿59 Mil.

* 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 EV-to-OCF →
What does a EV-to-OCF of 168.96 mean?
Next Capital PCL (BKK:NCAP-R) has a EV-to-OCF of 168.96 as of Aug. 31, 2026. According to the industry distribution chart, Next Capital PCL ranks #523 out of 543 companies in the Credit Services industry, placing it in the top 96.3%.
Is Next Capital PCL's EV-to-OCF too high?
Next Capital PCL's current EV-to-OCF is 168.96. Based on the distribution chart, Next Capital PCL ranks #523 out of 543 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Next Capital PCL has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Next Capital PCL's EV-to-OCF compare to V and MA?
According to the Credit Services industry distribution chart, Next Capital PCL ranks #523 out of 543 companies for EV-to-OCF. This places Next Capital PCL in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Credit Services company?
A good EV-to-OCF depends on the Credit Services industry context. However, EV-to-OCF 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. Next Capital PCL's current EV-to-OCF is 168.96. 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-R) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.83, compared to a current price of ฿3.61 — trading 27.4% above its estimated fair value. The current EV-to-OCF is 168.96. Next Capital PCL's overall GF Score™ is 67/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Next Capital PCL (BKK:NCAP-R), the current EV-to-OCF is 168.96 as of Aug. 31, 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-R) Overvalued in 2026?

Based on GuruFocus' analysis, Next Capital PCL stock appears to be overvalued. The current stock price of ฿3.61 is trading 27.4% above its estimated GF Value™ of ฿2.83. GuruFocus considers Next Capital PCL to be Modestly Overvalued.

Key valuation signals for BKK:NCAP-R:

  • EV-to-OCF: 168.96
  • GF Value™: ฿2.83 vs. price of ฿3.61 (27.4% above fair value)
  • GF Score™: 67/100 with 7 warning signs

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


Next Capital PCL Business Description

Other Exchanges NCAP:Thailand
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.
67GF Score

Get the complete analysis for BKK:NCAP-R

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿3.61
Price
฿2.83
GF Value