Stock fact sheet · data as of

NetClass Technology Inc (NTCL): fair value, margin of safety and Wheel Score

Ticker symbol NTCL · Technology · Software - Application · Singapore · Class A ordinary shares · Speculative

NTCL is NetClass Technology Inc's Class A 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.

Close0.3798
GLS fair value-no model value
Margin of safety-
Wheel Score10No optionsno listed options
Health1/9Piotroski F-score
Moat1.9/10GLS 10-year score
Market cap$162K227k shares a day
Implied vol.-no listed options
P/E-EPS -27.94
Dividend yieldnone
Beta-0.72moves less than the market
Next earnings-no date recorded

Is NTCL undervalued?

At 0.3798 (close of 5 Nov 2026), NTCL has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -27.94 and it pays no dividend), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.

The nightly engine files NTCL 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 NTCL

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.

ModelValuevs priceWhat it measures
DCF--Present value of the projected free cash flows, discounted at the cost of capital; no value tonight
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--Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight
Payback Time--Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight
DDM--Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight
EPV--Earnings power value: current EPS capitalised at 9% with no growth; no value tonight
Zombie (liquidation)2.41+535%Current assets less all liabilities, per share: the balance-sheet floor. Not in the average
Wall St target0.0000-100%Analysts' average 12-month price target. Not in the average

Quality and financial health

NetClass Technology Inc scores only 1 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. A GLS Moat score of 1.9/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.

Returns on capital are thin or negative - ROIC -127.4%, ROE -187.2%, ROA -78.4% - with debt at 0.47 times equity and negative free cash flow.

NetClass Technology Inc pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Application Development Services 82%, Subscription Service 18% (fiscal year FY2025).

Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.

Piotroski F-score1 / 9ROIC-127.4%
GLS Moat1.9 / 10ROE-187.2%
Debt / equity0.47ROA-78.4%
Free-cash-flow yield-6531.9%Payout ratio0%
Institutions1 / 10Insiders · Congress5 · 5 / 10

Wheel Score 10: No options

No options are listed on NetClass Technology Inc in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 10, 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 227k shares a day on a market cap of $162K, with a beta of -0.72 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that fair.

FilterWheel Trade FilterResultDetail
1Options that actually tradeFailsno listed options
2A real business, not a gambleFailsspeculative (a loss, or a weak Piotroski score)
3Below fair valueFailstrades right at our fair value
4Financially healthyFailsPiotroski 1/9 (under 6)
5Can repay its debtFailsdebt with no positive cash flow to repay it
6No serious red flagsPassesRed Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock)
7A premium worth sellingFailsno implied volatility
8Big enoughFailsmarket cap $0M (under $1.0B)
9Not a penny stockFailsprice 0.38 (under $5)
How it ranksRatingFrom
ValueWeak0% below fair value
PremiumWeakno option data
MoatWeakmoat 1.9/10
HealthWeakPiotroski 1/9
Red FlagsFairnot scored yet - half marks
Option tradingWeakno option volume data
StabilityFairbeta -0.72, $0M 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 NTCL in the nightly calendar.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Software - Application

The 12 companies below are the closest to NetClass Technology Inc by market cap within the Software - Application industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

StockCloseFair valueMoSWheelMkt cap
WCT
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0.26135.35+95%26No options$152K
PARA
Parabolic Technologies, Inc. Class A
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RBLK
Related Blocks, Inc.
0.40001.23+68%28No options$239K
TKCI
TurnKey Capital, Inc.
0.18750.0411-356%11No options$79K
SMX
SMX (Security Matters) Public Limited Company
1.1851.20+98%25No options$72K
AIXI
Xiao-I Corporation
2.75--6No options$434K
MYSZ
My Size, Inc.
0.8556--11No options$515K
CHGA
Change Agents Corp.
0.8948--12No options$650K
SCDA
B-Scada, Inc.
0.23000.0349-559%9No options$705K
LGCL
Lucas GC Limited Ordinary Shares
1.311,133.66+100%32No options$25K
TGL
Treasure Global Inc.
0.2073--13No options$1M
AGMH
AGM Group Holdings Inc.
0.502814.32+96%25No options$1M

⚖ Compare NTCL with 7 of them   All Technology stocks →

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Questions about NTCL

What kind of share is NTCL?

NTCL is NetClass Technology Inc's Class A 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 NTCL undervalued right now?

The GLS models could not value NTCL (the company lost money over the last twelve months, EPS -27.94 and it pays no dividend), so there is no fair value or margin of safety to compare the price of 0.3798 against.

What is the Wheel Score of NTCL and what does it mean?

NTCL 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 NTCL?

None of the nine GLS models produced a positive value for NTCL (the company lost money over the last twelve months, EPS -27.94 and it pays no dividend), so there is no GLS fair value tonight.

When does NetClass Technology Inc report earnings next?

No upcoming earnings date is recorded for NTCL in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.

Does NTCL have listed options, and how liquid are they?

No. The nightly options snapshot found no listed contracts on NTCL, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.

Data as of 5 Nov 2026: prices and fundamentals from Financial Modeling Prep, option data from Polygon; valuations, scores and the Wheel Score by GLS Equity's models, run nightly. Prices in USD; the close shown is the previous session's. Everything on this page is general information produced by automated models from third-party data - not a recommendation to buy, sell or trade any security or option, and not financial advice. Past performance is not indicative of future results. GLS Equity provides data and tools, not financial advice.