Stocktoria
Northann Corp. NCL
Northann Corp. (NCL) earns a Piotroski F-score of 5/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2024 revenue was $15.3M at a -28.5% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -3.33 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Manufacturing · percentile among 2036 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 5/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.271 |
| Retained earnings / assets | -0.699 |
| EBIT / assets | -0.121 |
| Equity / liabilities | 0.23 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| NCL | Northann Corp. | 5/9 | -4.62 | — | +9.9% |
| DSWL | DESWELL INDUSTRIES INC | 4/9 | 11.2 | 5.7 | -9.3% |
| CMT | CORE MOLDING TECHNOLOGIES INC | 6/9 | 6.88 | 18.6 | -9.5% |
| KRT | Karat Packaging Inc. | 5/9 | 5 | 20.1 | +10.7% |
| MYE | MYERS INDUSTRIES INC | 6/9 | 1.88 | 34.6 | -1.3% |
| AWI | ARMSTRONG WORLD INDUSTRIES INC | 9/9 | 5.92 | 22.4 | +12.1% |
| ENTG | ENTEGRIS INC | 5/9 | 2.82 | 104.5 | -1.4% |
About Northann Corp.
Northann Corp. operates dotfloor.com, the online store that offers vinyl flooring products in North America and Europe. It offers its products under the Benchwick, Northann, SuperOak, and Dotfloor brand names. It serves retail customers. The company was founded in 2013 and is headquartered in Fort Lawn, South Carolina.
FAQ
Is NCL financially healthy?
Northann Corp.'s Piotroski F-score is 5/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does NCL pay a dividend?
No, Northann Corp. does not currently pay a dividend.
How profitable is NCL?
In FY2024, Northann Corp. had a net margin of -28.5% and a return on equity of -168.5%.
Is NCL a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Northann Corp.: a Piotroski F-score of 5/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2024-12-31. Facts plus Stocktoria's own computed scores — not investment advice.