NNCL.BK

Strong BuyFull HouseAI neutral

Nava Nakorn Public Company Limited · Utilities · Thailand · $108M

THB 1.77 +0.0% · close 8 Oct · scored 9 Oct

Full House: Strong business, sensible price, market agrees. The rare full house.

Read our full research report on NNCL.BK (Sep 2026), free
100
StockRank
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Quality
86
Value
83
Momentum
72

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
6.6x
peers 14.5x
ROE
14.4%
peers 7.4%
D/E
0.0x
peers 1.0x
Dividend %
7.3%
trailing yield
AI CONVICTION THESIS

Nava Nakorn provides stable utility distribution, water treatment, and industrial land development services across established industrial zones in Thailand. While recurring utility revenues provide cash flow visibility, growth is constrained by physical estate boundaries and regulated utility pricing structures.

ABOUT NAVA NAKORN PUBLIC COMPANY LIMITED

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Nava Nakorn Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand. It operates in two segments, Real Estate Business and Utilities Services Business.

FINANCIAL SUMMARY (THB)

Year2022202320242025CAGRTTM
Revenue930.7M975.1M925.7M952.5M0.8%1.7B
EPS (THB)0.110.200.190.1510.9%0.27
Shares2.0B2.0B2.0B2.0B+2.6%2.0B
Debt206.5M168.9M136.3M97.8M-22.1%79.8M
Equity3.3B3.6B3.8B3.8B5.1%—
Op CF571.0M357.7M288.9M322.4M-17.3%700.1M
Inv CF108.9M-444.1M-87.6M-106.1M——
Fin CF-241.4M-140.4M-267.1M-265.8M——
Loading 1Y...
PRICE (1Y) · THB+0.6%
1.711.731.741.751.7728 Aug18 Sep8 Oct
SMA 50SMA 200

Price checkExperimental
SwingsVery calm

Calmer than 95% of stocks we rank over the past year (16% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
THB 1.77
RSI (14)
77.8
52-Week Range-2.7% from high
Low THB 1.25High THB 1.82

SCORE BREAKDOWN

Quality
86
ROIC
15.6%93.4
ROE
14.4%82.8
GP/Assets
17.9%89.0
Op. Margin
45.0%93.4
FCF/Assets
11.5%95.4
Piotroski
533.5
Int. Cover
50.0x95.7
D/E Ratio
0.02x94.2
Current Ratio
5.98x96.0
Value
83
P/E (TTM)
6.6x89.9
EV/EBITDA
3.1x95.8
P/FCF
6.2x79.2
P/B
0.9x74.0
P/S
2.2x43.2
Div Yield
7.3%93.2
Momentum
72
52W High %
97%94.1
RS 6M
—N/A
SMA 50/200
1.13x91.7
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
—N/A
Q Growth
684%97.5

FUNDAMENTALS

Market Cap
$108M
P/E (Forward)
—
Gross Margin
54.2%

SECTOR PEERS

Closest peers in Utilities, ranked by industry match, size, and score similarity. Cross-listings of NNCL.BK are excluded.

TickerCompanyMkt CapStockRankSignal
NNCL.BKNava Nakorn Public Company Limited(you)$108M100Strong Buy
ROJNA.BKRojana Industrial Park Public Company Limited$344M85Strong Buy
UV.BKUniventures Public Company Limited$53M50Hold
CKP.BKCK Power Public Company Limited$588M68Buy
BGRIM.BKB.Grimm Power Public Company Limited$1.5B63Hold
GUNKUL.BKGunkul Engineering Public Company Limited$1.4B57Hold
ETC.BKEarth Tech Environment Public Company Limited$50M99Strong Buy
SUPER.BKSuper Energy Corporation Public Company Limited$106M83Strong Buy
WP.BKWP Energy Public Company Limited$55M93Strong Buy
EGCO.BKElectricity Generating Public Company Limited$2.0B27Sell

Peer medians: ROE 7.4% · P/E 14.5x · Gross margin 30.4%

Company Deep Dive

Read the full research report: business segments breakdown, earnings transcripts review, management credibility analysis, competitive landscape, and scenarios.

View Deep Dive

Nava Nakorn Public Company Limited (NNCL.BK): Stock Score Summary

Nava Nakorn Public Company Limited (NNCL.BK) has a MoatMap StockRank of 100/100 based on Quality (86/100), Value (83/100), and Momentum (72/100) factor scores. The current signal is STRONG BUY. Nava Nakorn provides stable utility distribution, water treatment, and industrial land development services across established industrial zones in Thailand. While recurring utility revenues provide cash flow visibility, growth is constrained by physical estate boundaries and regulated utility pricing structures.

Nava Nakorn Public Company Limited, together with its subsidiaries, engages in the real estate development business in Thailand. It operates in two segments, Real Estate Business and Utilities Services Business.

Key Financial Metrics

PriceTHB 1.77
Market Cap$108M
P/E (TTM)6.56
Price/Book0.88
Return on Equity14.4%
Return on Invested Capital15.6%
Debt/Equity0.02x
Gross Margin54.2%
Operating Margin45.0%
Revenue Growth405.1%
Dividend Yield7.3%
Free Cash Flow$17M

Nava Nakorn Public Company Limited operates in the Utilities - Independent Power Producers industry, part of the Utilities sector (Thailand).

Frequently Asked Questions

What is Nava Nakorn Public Company Limited’s (NNCL.BK) StockRank?
MoatMap’s StockRank for Nava Nakorn Public Company Limited (NNCL.BK) is 100/100, with a Strong Buy signal. It is a composite of Quality (86), Value (83), and Momentum (72) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does Nava Nakorn Public Company Limited have an economic moat?
Nava Nakorn Public Company Limited (NNCL.BK) has a Quality factor score of 86/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Nava Nakorn Public Company Limited a buy, hold, or sell?
MoatMap’s current signal for Nava Nakorn Public Company Limited (NNCL.BK) is Strong Buy, based on a StockRank of 100/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is Nava Nakorn Public Company Limited in?
Nava Nakorn Public Company Limited (NNCL.BK) operates in the Utilities sector, specifically the Utilities - Independent Power Producers industry (Thailand).