
Noi Bai Aviation Meal Joint Stock Company (NCS), formerly known as Noi Bai Food Processing and Production Enterprise, was established in 1993. The company operates mainly in the field of processing and providing food for passengers of airlines and specialized flights. In 2004, the company equitized and switched to a joint stock company model, of which the largest shareholder was Vietnam Airlines. Noi Bai International Airport is the company's main operating market. The company's main customers include Vietnam Airlines, Singapore Airlines, Finnairm Hongkong Airlines, Qatar Airways, AirFrance. NCS has been traded on the UPCOM market since the end of 2015.
NCS currently has a market capitalization of roughly VND 605 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 8,3x is 57% below its own 6-year average (19,5x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 2,8x, 14% below its multi-year average of 3,2x. Return on equity (ROE) is at 30,9%, down from 31,5% the year before. Its debt-to-equity ratio of 0,3x is low, reflecting a conservative capital structure. In 2025, revenue grew 19% year-on-year while after-tax profit grew 24%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.