First Form 4 purchase or sale (code P or S) here by this insider on our record.
No other insider sold within 30 days.
11 funds added in the 13F quarter to Jun 30, 2026.
Insider activity: Director Zhang Jing sold about $9.6K of NCL on Sep 11, 2025, the largest insider sale at the company on our record; 11 funds added in the latest 13F quarter.
1 transaction on record · a thin record, read with care
Since filing: total return from the first close after the filing to the latest close, dividend-adjusted. Not a forecast.
Context lines are counts over the filings above and returns from our own price history, never a price level. Not investment advice.
Ratios from the company's XBRL filings, latest filings
Revenue, TTM
n/a
fewer than four consecutive quarters of revenue filed
Revenue, TTM NCL
FY Dec 2024
$15.3M
FY Dec 2023
$14.0M
FY Dec 2022
n/a
Mar 2026
$5.0M
Sep 2025
$3.5M
Jun 2025
$1.7M
Mar 2025
$3.4M
Dec 2024
$4.3M
Sep 2024
$2.6M
Jun 2024
$3.9M
Mar 2024
$4.6M
At each fiscal year end
Single quarter
Net margin, TTM
n/a
needs four consecutive quarters of both revenue and net income
Net margin, TTM NCL
FY Dec 2024
-28.5%
FY Dec 2023
-51.1%
FY Dec 2022
n/a
Mar 2026
-58.4%
Sep 2025
-248.2%
Jun 2025
-132.5%
Mar 2025
-76.5%
Dec 2024
-91.4%
Sep 2024
+19.4%
Jun 2024
-25.6%
Mar 2024
+1.3%
At each fiscal year end
Single quarter
Free cash flow, TTM
n/a
fewer than four consecutive quarters of operating cash flow
Free cash flow, TTM NCL
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Single quarter
Debt to equity
0.26x
current debt only, 2025-03-31; equity 2026-03-31
Debt to equity NCL
FY Dec 2024
1.81x
FY Dec 2023
9.77x
FY Dec 2022
2.78x
Mar 2026
0.26x
Sep 2025
2.59x
Jun 2025
1.09x
Mar 2025
1.22x
Dec 2024
1.81x
Sep 2024
3.52x
Jun 2024
4.20x
Mar 2024
5.74x
At each fiscal year end
Trailing four quarters at each quarter end
Cash flow to debt
n/a
needs four quarters of operating cash flow
Cash flow to debt NCL
FY Dec 2024
-0.26x
FY Dec 2023
-0.82x
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
-1.14x
Jun 2025
-1.10x
Mar 2025
-0.53x
Dec 2024
-0.26x
Sep 2024
-0.59x
Jun 2024
-0.85x
Mar 2024
-0.85x
At each fiscal year end
Trailing four quarters at each quarter end
Return on equity
n/a
fewer than four consecutive quarters of net income
Return on equity NCL
FY Dec 2024
-275.3%
FY Dec 2023
-558.0%
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
-1,090%
Jun 2025
-311.7%
Mar 2025
-305.9%
Dec 2024
-275.3%
Sep 2024
n/a
Jun 2024
-537.0%
Mar 2024
-447.3%
At each fiscal year end
Trailing four quarters at each quarter end
Return on assets
n/a
fewer than four consecutive quarters of net income
Return on assets NCL
FY Dec 2024
-31.9%
FY Dec 2023
-50.9%
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
-119.5%
Jun 2025
-56.2%
Mar 2025
-47.6%
Dec 2024
-31.9%
Sep 2024
-27.8%
Jun 2024
-57.5%
Mar 2024
-54.8%
At each fiscal year end
Trailing four quarters at each quarter end
Return on invested capital
n/a
fewer than four consecutive quarters of operating income
Return on invested capital NCL
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Return on capital employed
n/a
fewer than four consecutive quarters of operating income
Return on capital employed NCL
FY Dec 2024
-67.4%
FY Dec 2023
-299.2%
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
-330.6%
Jun 2025
-116.2%
Mar 2025
-145.2%
Dec 2024
-67.4%
Sep 2024
-503.6%
Jun 2024
-545.6%
Mar 2024
-547.3%
At each fiscal year end
Trailing four quarters at each quarter end
P/E, trailing
n/a
fewer than four consecutive quarters of diluted EPS
P/E, trailing NCL
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Enterprise value
$4.6M
market value at close 2026-08-28 on 2024-11-19 shares, plus current debt only, 2025-03-31, minus cash 2026-03-31
Enterprise value NCL
FY Dec 2024
$604.9M
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
$9.5M
Sep 2025
$288.4M
Jun 2025
$355.6M
Mar 2025
$444.4M
Dec 2024
$604.9M
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
FCF yield
n/a
fewer than four consecutive quarters of operating cash flow
FCF yield NCL
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
PEG, trailing
n/a
fewer than four consecutive quarters of diluted EPS
PEG, trailing NCL
FY Dec 2024
n/a
FY Dec 2023
n/a
FY Dec 2022
n/a
Mar 2026
n/a
Sep 2025
n/a
Jun 2025
n/a
Mar 2025
n/a
Dec 2024
n/a
Sep 2024
n/a
Jun 2024
n/a
Mar 2024
n/a
At each fiscal year end
Trailing four quarters at each quarter end
Price as of 2026-08-28. Hover or tap a tile for its yearly and quarterly history.Method
TTM is four consecutive fiscal quarters; Q4 is the year minus nine months when not filed. Returns use the average of opening and closing balances. EBIT is approximated by operating income. PEG uses trailing EPS growth.
Fundamentals
Annual figures from XBRL filings. Pick a past date to see them as known then.
NCL ranks highest on risk and compliance (98th percentile) and financial health (77th), and lowest on institutional and government (10th), among Materials peers.
Financial health
77
Inputs
Debt to equity0.26x · 77 pct, sector of 104
Cash flow to debtneeds four quarters of operating cash flow
Growth
76
Inputs
Revenue growth, YoY+9.9% · 76 pct, sector of 128
Backlog growth, YoYno backlog line filed, or no year-earlier backlog
Institutional and government
10
Inputs
Funds adding, latest quarter11 · 10 pct, sector of 118
Congress net buyers, 365dno Congress trades in 365 days
Federal contracts, 180dno federal contracts in 180 days
Lobbying spend, 4 quartersno lobbying filings in the last four quarters
Risk and compliance
98
Inputs
Short interest, % of floatno short interest or no free float on file
Recalls per $1B revenue, 3yrevenue under $50M or not filed, so a count cannot be scaled to size
EPA cases per $1B revenue, 5yrevenue under $50M or not filed, so a count cannot be scaled to size
New text in Risk Factors, latest 10-K+0.8% · 98 pct, sector of 111
3 not measured: Profitability, Insider conviction, US patents
Profitability needs 2 of 4 inputs, 0 present: fewer than four consecutive quarters of net income; fewer than four consecutive quarters of operating income
Insider conviction needs 1 of 2 inputs, 0 present: no Form 4 purchase or sale (code P or S) in 180 days; no insider trades in 180 days
US patents needs 1 of 2 inputs, 0 present: patent data not loaded yet
4 of 7 axes scored. Each is a percentile against sector peers (all companies when the sector is thin); higher is better. An unscored axis is unmeasured, not low. How it is scored
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