Next Capital (SET:NCAP) - Stock Price, News & Analysis

NCAP Stock Overview

Next Capital Public Company Limited provides motorcycle and used truck hire-purchase, and loans secured against vehicle registrations in Thailand.

About the company

NCAP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	4/6
Financial Health	3/6
Dividends	0/6

Rewards

Risk Analysis

High level of non-cash earnings

Debt is not well covered by operating cash flow

Does not have a meaningful market cap (THB3B)

Next Capital Public Company Limited Competitors

Amanah Leasing

SET:AMANAH

฿2.6b

Knight Club Capital Asset Management

SET:KCCAMC

฿1.6b

Chase Asia

SET:CHASE

฿3.4b

Heng Leasing and Capital

SET:HENG

฿6.3b

Price History & Performance

Summary of all time highs, changes and price drops for Next Capital
Historical stock prices
Current Share Price	฿2.06
52 Week High	฿5.70
52 Week Low	฿1.99
Beta	0.49
1 Month Change	-5.50%
3 Month Change	-17.60%
1 Year Change	-44.62%
3 Year Change	-86.36%
5 Year Change	n/a
Change since IPO	-32.68%

Recent updates

Shareholder Returns

	NCAP	TH Consumer Finance	TH Market
7D	-1.9%	0.6%	-0.4%
1Y	-44.6%	-18.3%	-12.0%

Price Volatility

Is NCAP's price volatile compared to industry and market?
NCAP volatility
NCAP Average Weekly Movement	5.8%
Consumer Finance Industry Average Movement	4.8%
Market Average Movement	4.2%
10% most volatile stocks in TH Market	9.1%
10% least volatile stocks in TH Market	2.2%

Stable Share Price: NCAP's share price has been volatile over the past 3 months.

About the Company

Founded	Employees	CEO	Website
2004	n/a	Aphichai Uemsathienporn	www.nextcapital.co.th

Next Capital Public Company Limited provides motorcycle and used truck hire-purchase, and loans secured against vehicle registrations in Thailand. It operates through three segments: Motorcycle Hire-Purchase, Used Truck Hire-Purchase, and Registration Loan. It also offers second-hand motorcycle hire purchase services, as well as motorcycle insurance services.

Next Capital Public Company Limited Fundamentals Summary

How do Next Capital's earnings and revenue compare to its market cap?
NCAP fundamental statistics
Market cap	฿2.78b
Earnings (TTM)	฿259.84m
Revenue (TTM)	฿1.03b

10.7x

P/E Ratio

2.7x

P/S Ratio

Is NCAP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NCAP income statement (TTM)
Revenue	฿1.03b
Cost of Revenue	฿658.89m
Gross Profit	฿371.57m
Other Expenses	฿111.73m
Earnings	฿259.84m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.19
Gross Margin	36.06%
Net Profit Margin	25.22%
Debt/Equity Ratio	116.9%

How did NCAP perform over the long term?

See historical performance and comparison

NCAP Stock Overview

Rewards

Risk Analysis

Next Capital Public Company Limited Competitors

SET:AMANAH

฿2.6b

SET:KCCAMC

฿1.6b

SET:CHASE

฿3.4b

SET:HENG

฿6.3b

Price History & Performance

Recent News & Updates

Next Capital Public Company Limited, Annual General Meeting, Apr 22, 2024

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ฿0.19 (vs ฿0.14 in FY 2022)

Next Capital Public Company Limited Announces Chief Executive Officer Changes, Effective from February 13, 2024

New minor risk - Market cap size

New minor risk - Market cap size

Recent updates

Next Capital Public Company Limited, Annual General Meeting, Apr 22, 2024

Investor sentiment deteriorates as stock falls 15%

Full year 2023 earnings released: EPS: ฿0.19 (vs ฿0.14 in FY 2022)

Next Capital Public Company Limited Announces Chief Executive Officer Changes, Effective from February 13, 2024

New minor risk - Market cap size

New minor risk - Market cap size

New major risk - Earnings quality

Next Capital Public Company Limited Appoints Pruttipang Tayarachkul as Acting Chief Executive Officer, Effective November 28, 2023 Onwards

Next Capital Public Company Limited Announces Resignation of Punnamas Vichitkulwongsa as Director, Chairman of the Executive Committee, Member of the Risk Management Committee, Effective from November 28, 2023

Investor sentiment deteriorates as stock falls 15%

New minor risk - Market cap size

Second quarter 2023 earnings released: EPS: ฿0.03 (vs ฿0.013 in 2Q 2022)

Investor sentiment deteriorates as stock falls 18%

Investor sentiment deteriorates as stock falls 17%

Investor sentiment improves as stock rises 32%

Investor sentiment deteriorates as stock falls 17%

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 26%

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Now 20% undervalued after recent price drop

Price target decreased to ฿3.45

Less than half of directors are independent

Third quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.082 in 3Q 2021)

Next Capital Public Company Limited Announces the Resignation of Phira Chompoosri as Director

Now 22% undervalued after recent price drop

Consensus forecasts updated

Second quarter 2022 earnings released: EPS: ฿0.01 (vs ฿0.083 in 2Q 2021)

Now 23% undervalued after recent price drop

Now 23% undervalued after recent price drop

Next Capital Public Company Limited has completed a Follow-on Equity Offering in the amount of THB 2.025 billion.

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus forecasts updated

Investor sentiment deteriorated over the past week

Price target decreased to ฿14.90

Less than half of directors are independent

Next Capital Public Company Limited, Annual General Meeting, Apr 21, 2022

Full year 2021 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS ฿0.082 (vs ฿0.11 in 3Q 2020)

Co-CEO & Director Somchai Limpattanasin has left the company

Second quarter 2021 earnings released: EPS ฿0.087 (vs ฿0.056 in 2Q 2020)

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

First quarter 2021 earnings released

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: ฿8.85

Full year 2020 earnings released: EPS ฿0.31 (vs ฿0.21 in FY 2019)

Next Capital Public Company Limited, Annual General Meeting, Apr 21, 2021

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Next Capital Public Company Limited Announces Notification of the Progress on the Proceeding of the Company's Lawsuits

Market bids up stock over the past week

Shareholder Returns

Price Volatility

About the Company

Next Capital Public Company Limited Fundamentals Summary