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NFC Public Company Limited

NFC Public Company Limited

NFC.BK
NFC Public Company LimitedTH flagStock Exchange of Thailand
1.23
THB
- -
- -
1.34BMarket Cap
NFC Public Company Limited
NFC.BK
(Stock Exchange of Thailand)

Recent

price

1.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.46
1.14
0.99
1.33
1.43
1.74
1.03
1.01
1.08
1.09
0.66
1.25
2.52
1.66
1.74
1.98
2.04
Revenue per Share
-0.69
-0.32
-0.21
-0.13
-0.18
0.13
0.4
0.2
0.05
-0.03
-0.01
0.32
0.14
0.17
0.04
0.09
0.1
Basic EPS, GAAP
-0.17
-0.01
0.04
0.07
0.07
0.09
0.05
0.19
0.05
0.02
-0.39
-0.48
0.33
0.2
0.41
0.35
0.45
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
- -
- -
- -
0.18
- -
- -
- -
Dividend per Share
0.38
-0.1
-0.31
-0.44
-0.62
0.09
0.76
0.93
1.02
0.97
1
1.33
1.47
1.45
1.49
1.6
1.63
Book Value per Share
-1.4
-1.03
-1.22
-1.31
-1.33
0.2
0.76
0.88
0.93
0.86
0.85
1.17
1.31
1.25
1.54
1.63
1.66
Tangible Book Value per Share
341
590
590
590
590
596
993
1,088
1,088
1,088
1,088
1,088
1,088
1,088
1,088
1,088
1,088
Basic Weighted Avg Shares
498
673
581
787
841
1,040
1,024
1,101
1,180
1,182
719
1,364
2,746
1,803
1,888
2,152
2,217
Sales/Revenue/Turnover
-31.84
-10.98
8.89
13.37
11.35
38.44
10.62
8.13
2.42
-0.82
-1.86
-2.1
5.55
21.65
19.2
16.77
16.89
Operating Margin (%)
90
93
89
89
88
71
71
110
108
106
122
110
155
248
294
326
328
Depreciation Expense
-236
-189
-124
-77
-104
80
397
215
51
-34
-9
353
150
181
42
96
112
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
3,064.18
- -
15.84
- -
- -
44.68
10.26
9.46
Effective Tax Rate (%)
-47.29
-28.01
-21.33
-9.76
-12.35
7.73
38.77
19.5
4.36
-2.92
-1.22
25.87
5.47
10.04
2.22
4.48
5.06
Profit Margin (%)
65
-95
-241
-313
-388
-44
209
422
562
153
-161
402
-10
-251
-372
-394
-300
Working Capital
- -
- -
- -
627
590
- -
- -
- -
- -
- -
1,373
1,811
5,208
5,244
5,181
5,176
5,085
LT Debt
234
57
-98
-195
-252
119
751
959
1,011
934
925
1,277
1,426
1,411
1,729
1,826
1,855
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
26.62
- -
-0.82
- -
- -
2.71
4.24
4.46
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
-42.38
- -
12.19
- -
- -
2.78
4.71
4.94
Return on Capital (%)
-240.54
- -
- -
- -
- -
- -
97.85
24.21
4.84
-3.19
-0.82
27.79
9.86
11.38
2.61
5.73
6.57
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
713
685
633
LT Borrowings
971
909
898
LT Finance Leases
4,245
4,267
4,186
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,088
1,088
1,088
Market Capitalization
- -
- -
- -

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
772
637
920
Cash, Cash Equivalents & STI
401
285
509
Accounts Receivable, Net
188
140
257
Inventories
171
102
145
Total Current Liabilities
1,209
1,030
1,220
Payables & Accruals
494
338
473
ST Debt
713
685
633
Deferred Revenue
- -
- -
104

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
63.16%
15.35%
5.57%
Free Cash Flow
-178.22%
-19%
-14.39%
Net Income, GAAP
-408.07%
-822.21%
129.99%
Sales/Revenue/Turnover
14.95%
35.06%
13.96%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
422
447
510
509
1,888
2025
541
552
484
574
2,152
2026
607
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
0.01
0.02
- -
0.04
2025
0.01
0.02
0.02
- -
0.09
2026
0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
NFC Public Company Limited (NFC.BK) engages in the production, import, sale and distribution of chemical products and related services in Thailand. The company manufactures and supplies sulfuric acid, ammonia and ammonium hydroxide; provides warehousing, logistics, liquid storage, yard and port services including wharf frontage; and operates fuel storage through its subsidiary NFCT Co., Ltd., which runs an oil terminal with 90 million liters capacity at Map Ta Phut Industrial Estate in Rayong Province. NFC targets industrial customers in the chemicals, agriculture, transportation and energy sectors primarily within Thailand. NFC establishes in 1982 as National Fertilizer Company Limited, a joint venture between government and private sectors for bulk blending fertilizers production; lists on the Stock Exchange of Thailand in 1996 under the name National Fertilizer Public Company Limited; and changes its name to NFC Public Company Limited in June 2017 to reflect its expanded chemicals-focused operations. The company headquarters in Bangkok, Thailand, and maintains its primary production facility in Rayong. Subsidiaries include NFCT Co., Ltd., established in August 2018 to support Eastern Economic Corridor investments and regional fuel distribution. NFC forms a joint venture with Sumitomo Corporation in 2025 for sulfuric acid production in Thailand, marking a key strategic alliance to enhance its chemicals portfolio. The company continues operational activities through subsidiaries NFC, NFCT and NFCW, including community initiatives such as marine life release and flood relief donations in 2025. No major funding rounds, acquisitions or product launches report in the past two years beyond the Sumitomo partnership.