Stock fact sheet · data as of
CBL International Limited (BANL): fair value, margin of safety and Wheel Score
Ticker symbol BANL · Energy · Oil & Gas Midstream · Malaysia · Class B ordinary shares · Speculative
BANL is CBL International Limited's Class B ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is BANL undervalued?
BANL has a margin of safety of 72%: the stock closed at 2.91 on 5 Nov 2026 against a GLS average fair value of 10.30. 2 of the 3 valuation models that produced a number sit above the price. Our scans treat a discount this large as a strong starting point for a cash-secured put, not as a verdict - the fair value is a model output, and a wide gap can mean the models are missing something the market knows.
The average is built from just 3 models (DCF, 10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
The nightly engine files BANL under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for BANL
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 14.74 | +407% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 14.68 | +404% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 1.47 | -49% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 9.20 | +216% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
CBL International Limited scores only 4 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. On durability BANL scores 6.4/10 on the GLS Moat - a middle reading; the Moat Score tab on the Quote page's Financials view shows which of the four parts hold it back.
Returns on capital are thin or negative - ROIC -13.5%, ROE -14.9%, ROA -3.9% - with debt at 0.11 times equity and a free-cash-flow yield of 25.3%.
The dividend yield is 3.44% at a payout ratio of 0%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | -13.5% |
|---|---|---|---|
| GLS Moat | 6.4 / 10 | ROE | -14.9% |
| Debt / equity | 0.11 | ROA | -3.9% |
| Free-cash-flow yield | 25.3% | Payout ratio | 0% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 32: No options
No options are listed on CBL International Limited in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 32, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 7k shares a day on a market cap of $6M, with a beta of -1.95 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 4/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Fails | market cap $6M (under $1.0B) |
| 9 | Not a penny stock | Fails | price 2.91 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 72% below fair value | |
| Premium | Weak | no option data | |
| Moat | Good | moat 6.4/10 | |
| Health | Fair | Piotroski 4/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Fair | beta -1.95, $6M company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for BANL in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Oil & Gas Midstream
The 12 companies below are the closest to CBL International Limited by market cap within the Oil & Gas Midstream industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| MARPS Marine Petroleum Trust | 4.44 | 3.36 | -32% | 18No options | $9M |
| TMDE TMD Energy Limited | 0.5010 | 0.0625 | -702% | 15No options | $12M |
| NFE New Fortress Energy Inc. | 4.08 | 8.94 | +54% | 23Weak | $23M |
| MMLP Martin Midstream Partners L.P. | 1.97 | 4.82 | +59% | 29Weak | $77M |
| IMPP Imperial Petroleum Inc. | 4.62 | 25.75 | +82% | 54Fair | $174M |
| IMPPP Imperial Petroleum Inc. | 25.96 | 64.34 | +60% | 34No options | $184M |
| SMC Summit Midstream Corp. | 28.92 | 149.89 | +81% | 45Weak | $399M |
| NFEGP New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock | 227.87 | 20.81 | -995% | 12No options | $559M |
| WHK WhiteHawk Minerals Corp | 24.37 | 2.92 | -735% | 15No options | $560M |
| SBR Sabine Royalty Trust | 67.62 | 45.19 | -50% | 21No options | $986M |
| TK Teekay Corporation | 13.44 | 67.03 | +80% | 85Prime | $1.2B |
| PBT Permian Basin Royalty Trust | 28.49 | 8.25 | -246% | 35Weak | $1.3B |
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Start free See the Sunday ScanQuestions about BANL
What kind of share is BANL?
BANL is CBL International Limited's Class B ordinary shares. The classes own the same business, share the same earnings report and trade within a few cents of each other; what differs is mainly the vote each share carries - the company's annual report sets out the voting rights.
Is BANL undervalued right now?
By the GLS models, yes: at 2.91 the stock is 72% below the average fair value of 10.30 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of BANL and what does it mean?
BANL has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for BANL?
10.30 per share as of 5 Nov 2026 - the simple average of the 3 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does CBL International Limited report earnings next?
No upcoming earnings date is recorded for BANL in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does BANL have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BANL, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.