Cbl International Ltd.
CBL International Ltd. is a marine fuel logistics company that serves as the listing vehicle for the Banle Group. It provides a one-stop solution for vessel refuelling as a bunkering facilitator in the marine fuel industry, operating primarily in the Asia Pacific region. The company facilitates refuelling between ship operators and local physical distributors or traders by purchasing marine fuel, including both fossil fuels and alternative fuels, and arranging for local physical delivery at ports. Its services encompass coordinating refuelling schedules, offering trade credit, handling special requests, managing disputes over fuel quality and quantity, and providing contingency solutions for unforeseen issues. CBL International Ltd. caters to a diverse customer base that includes container liners, bulk carriers, and tankers, with key operations in locations such as Malaysia, Hong Kong, China, South Korea, and Singapore. Founded in 2015 and headquartered in Kuala Lumpur, Malaysia, it plays a vital role in the global marine fuel supply chain by ensuring efficient and reliable bunkering services.
$3.07
+$0.03 (+0.99%)
EOD Oct 22, 2026
The business is unprofitable at the operating level (-0.45% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue declined 9.1% YoY. The question is whether this is cyclical or a structural shift.
Insufficient data to identify specific risks. Treat any missing metrics as a data gap, not a clean bill of health.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$538M
▼ -9.1% YoY
Net Income (TTM)
-$3M
▲ +22.8% YoY
Op. Margin
-0.45%
▲ +0.1pp YoY
ROIC
-8.30%
▲ +2.2pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$4M
▲ +291.3% YoY
Op. Cash Flow (TTM)
$6M
▲ +1198.0% YoY
Net Debt
-$10M
Net Cash Position
Cash & Equiv.
$12M
3Y CAGR: +5.2%
3Y CAGR: +8.5%
Continue Research
Is Cbl International (BANL) overvalued?
Cbl International (BANL) trades around a two-stage DCF intrinsic value of about $3.64 per share, so at $3.07 the stock looks around fair value (18.7% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Cbl International scores 46/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Cbl International's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $3.64 per share for BANL, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $2.73. At today's $3.07, that puts the stock about 18.7% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Cbl International a high-quality business?+
Cbl International scores 46 out of 100 on Intrinsiqq's quality score, a weighted blend of 7 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a -0.5% operating margin and a -8.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Cbl International a good stock to buy right now?+
That depends on valuation and quality together, not either alone. BANL currently trades around its estimated intrinsic value and scores 46/100 on quality (mixed). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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