NCT Alliance Berhad

KLSE:NCT Stock Report

Market Cap: RM 1.2b

NCT Alliance Berhad Future Growth

Future criteria checks 0/6

We currently don't have sufficient analyst coverage to forecast growth and revenue for NCT Alliance Berhad.

Key information

n/a

Earnings growth rate

n/a

EPS growth rate

Real Estate earnings growth-2.4%
Revenue growth raten/a
Future return on equityn/a
Analyst coverage

None

Last updatedn/a

Recent future growth updates

No updates

Recent updates

Analysis Article Jun 02

NCT Alliance Berhad's (KLSE:NCT) Profits May Not Reveal Underlying Issues

NCT Alliance Berhad's ( KLSE:NCT ) robust recent earnings didn't do much to move the stock. We believe that...
New Narrative May 26

NCT首季净利增近36%,NSIP工业园贡献明显放大

NCT Alliance Berhad(KLSE: NCT) 2026财政年第一季业绩明显转强,显示集团在完成业务版图扩大后,工业园发展项目已开始更实质地反映在财务表现上。 截至2026年3月31日第一季,NCT录得营业额9,740万令吉,较去年同期的9,280万令吉增长约5.0%;税前盈利则从1,838万令吉提升至2,271万令吉,按年增长约23.6%。归属于股东净利更上升至1,544万令吉,较去年同期的1,139万令吉增长约35.6%,每股基本盈利为0.74仙。 这份业绩最值得留意的,不只是净利增长,而是NCT的盈利来源正在出现更清晰的变化。过去市场对NCT的关注,主要集中在房地产项目推进;但从最新季度来看,集团的工业园布局已经进入贡献阶段,尤其是 NCT Smart Industrial Park(NSIP)的收入表现明显加速。 NSIP在首季贡献收入约8,104万令吉,相比去年同期的3,975万令吉大幅增加,主要受惠于更高的工程进度及进度账单确认。以集团首季总收入9,740万令吉计算,NSIP已占整体收入超过八成,显示这个项目正逐步成为NCT当前最重要的增长引擎。 这也让NCT的投资故事变得更有看点。相比单纯依赖住宅或商业项目的传统房产发展模式,工业园项目更强调土地规划、基础设施、企业客户需求、产业配套及长期招商能力。NSIP的贡献放大,意味着NCT正在逐步建立更具规模化的工业地产平台,而不是停留在概念阶段。 盈利方面,NCT首季税前盈利按年增长23.6%,按季更从上一季度的1,332万令吉提高至2,271万令吉,增幅约70.5%。其中,集团本季录得约1,301万令吉公平价值收益,来自部分发展用地转为投资产业,并计划作为中央劳工宿舍设施用途。这项收益虽然属于一次性因素,但也反映集团正在更灵活地释放资产价值,并优化项目用途。 更重要的是,即使撇开这项资产重估收益,NSIP收入快速增长仍是本季度最具分量的信号。对投资者来说,NCT接下来的关键并不是单季盈利数字有多漂亮,而是NSIP能否继续维持工程推进、销售转化和账单确认的节奏。从目前首季表现来看,集团的执行方向是正面的。 展望未来,NCT的中期增长基础比过去更明确。集团完成收购NCT World Group后,项目组合总发展值约48.1亿令吉,预计将在未来最多六年内逐步发展,同时拥有约855英亩额外土地储备。单是NSIP第一阶段,发展面积约230.09英亩,估计总发展值已达18.2亿令吉,预计于2027年完成,意味着未来数个季度仍有持续贡献空间。 除了NSIP,NCT InnoSphere项目已于2025年9月展开发展工程,预期未来也将开始带来正面贡献。集团也计划在2026年推出沙巴项目Ion Borneo Garden及Ion Marina Bay,两者估计总发展值分别约1.755亿令吉及34亿令吉。这些项目若按计划推进,将进一步拉长NCT的增长周期,并减少集团过度依赖单一项目的情况。 整体而言,NCT这份首季业绩释放出较强的正面信号。NSIP收入贡献大幅提升,证明集团工业园策略已经开始转化为实际业绩;资产价值释放则进一步增强本季度盈利表现。随着工业园项目继续推进,加上沙巴大型项目进入准备阶段,NCT未来数年的成长路径已较过去更清晰。 若集团接下来能够持续维持项目执行进度,并把庞大的发展总值逐步转化为销售、收入及盈利,NCT有机会被市场重新评估。对一家正从传统房地产发展商,转型为工业园与综合发展平台的公司来说,这份首季成绩无疑是一个积极的开始。
New Narrative Apr 02

NCT ushers in a new leadership chapter with Ong Chou Wen as CEO

NCT Alliance Berhad (“NCT”) has entered a new phase in its corporate journey with the appointment of Mr Ong Chou Wen as Chief Executive Officer, effective 1 April 2026. The leadership change comes at a meaningful juncture for the property developer, as the market continues to reward companies that can combine project execution, balance sheet discipline, and sharper commercial positioning in an increasingly competitive operating environment.
Analysis Article Oct 29

Subdued Growth No Barrier To NCT Alliance Berhad (KLSE:NCT) With Shares Advancing 31%

NCT Alliance Berhad ( KLSE:NCT ) shareholders have had their patience rewarded with a 31% share price jump in the last...
Analysis Article Sep 02

Earnings Troubles May Signal Larger Issues for NCT Alliance Berhad (KLSE:NCT) Shareholders

The subdued market reaction suggests that NCT Alliance Berhad's ( KLSE:NCT ) recent earnings didn't contain any...
Analysis Article Dec 03

NCT Alliance Berhad's (KLSE:NCT) Earnings Seem To Be Promising

The market seemed underwhelmed by last week's earnings announcement from NCT Alliance Berhad ( KLSE:NCT ) despite the...
Analysis Article Mar 25

NCT Alliance Berhad (KLSE:NCT) Stocks Shoot Up 28% But Its P/E Still Looks Reasonable

NCT Alliance Berhad ( KLSE:NCT ) shareholders have had their patience rewarded with a 28% share price jump in the last...
Analysis Article Jul 22

NCT Alliance Berhad (KLSE:NCT) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...
Analysis Article Mar 15

The Market Doesn't Like What It Sees From NCT Alliance Berhad's (KLSE:NCT) Earnings Yet As Shares Tumble 26%

NCT Alliance Berhad ( KLSE:NCT ) shareholders won't be pleased to see that the share price has had a very rough month...
Analysis Article Sep 14

NCT Alliance Berhad (KLSE:NCT) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

NCT Alliance Berhad's ( KLSE:NCT ) robust earnings report didn't manage to move the market for its stock. Our analysis...
Analysis Article Aug 03

NCT Alliance Berhad's (KLSE:NCT) Returns Have Hit A Wall

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NCT Alliance Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Earnings and Revenue Growth Forecasts

KLSE:NCT - Analysts future estimates and past financials data (MYR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202648054-110-109N/A
12/31/2025476502828N/A
9/30/202534037-48-47N/A
6/30/2025380446869N/A
3/31/2025383467576N/A
12/31/202437846123124N/A
9/30/202437148246246N/A
6/30/202436445167168N/A
3/31/202431343173174N/A
12/31/2023279385656N/A
9/30/2023265402425N/A
6/30/20232544111N/A
3/31/20232454344N/A
12/31/2022241441617N/A
9/30/202229346157160N/A
6/30/202224543-184-180N/A
3/31/202224642-170-167N/A
12/31/202121034-190-187N/A
9/30/202112623-349-348N/A
6/30/202112017-17-16N/A
3/31/2021698-59-59N/A
12/31/2020778-24-24N/A
9/30/202061022N/A
6/30/202059-199N/A
3/31/202052-42020N/A
12/31/2019691N/A20N/A
9/30/201977-13N/A20N/A
6/30/201980-11N/A14N/A
3/31/2019109-8N/A10N/A
12/31/201882-12N/A21N/A
9/30/2018859N/A3N/A
6/30/2018929N/A28N/A
3/31/20189713N/A22N/A
12/31/201710413N/A4N/A
9/30/2017957N/A-16N/A
6/30/201792-4N/A-19N/A
3/31/2017109-9N/A-9N/A
12/31/2016120-10N/A-3N/A
9/30/2016139-6N/A15N/A
6/30/20161466N/A-18N/A
3/31/20161257N/A-24N/A
12/31/201512112N/A-23N/A
9/30/201511610N/A-25N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if NCT's forecast earnings growth is above the savings rate (3.8%).

Earnings vs Market: Insufficient data to determine if NCT's earnings are forecast to grow faster than the MY market

High Growth Earnings: Insufficient data to determine if NCT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if NCT's revenue is forecast to grow faster than the MY market.

High Growth Revenue: Insufficient data to determine if NCT's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if NCT's Return on Equity is forecast to be high in 3 years time


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/11 13:10
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NCT Alliance Berhad is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ting Ting ThienKenanga Research