CBL International Limited (BANL) AI Stock Analysis
BANL AI stock analysis summary
AI ResearchCBL International Limited provides vessel refueling and marine fuel logistics solutions across Asia. Over the trailing twelve months, the company generated $668.9M in revenue but posted a slim operating margin of 0.8% and EPS of -$0.23. Its balance sheet shows net cash of $2.7M with total debt of $50,933 as of June 30, 2026.
- Market cap
- $7.1M
- Revenue (TTM)
- $668.9M
- P/E
- —
- 1Y return
- -65.0% S&P 500 16.8%
- Avg. target
- —
Bull case
- CBL International maintains a conservative balance sheet with net cash of $2.7M and total debt of only $50,933 as of June 30, 2026.
- Quarterly revenue grew 49.2% year-over-year in the period ended June 30, 2026, lifting trailing twelve-month revenue to $668.9M.
- The company generated positive free cash flow of $4.0M in FY2025, improving from -$2.1M in FY2024.
Bear case
- The business remained unprofitable over the trailing twelve months, generating diluted EPS of -$0.23 and a profit margin of -0.1%.
- Gross margins have narrowed from 2.3% in FY2021 down to 0.8% in FY2025.
- The stock fell 65.0% over the past year, lagging the S&P 500 gain of 16.8%.
What CBL International does
CBL International Limited operates as a fuel logistics provider specializing in vessel refueling solutions across global markets, including Malaysia, Hong Kong, China, South Korea, and Singapore. Established in 2015 and headquartered in Kuala Lumpur, Malaysia, the company facilitates trade credit arrangements and coordinates local physical deliveries of marine fuel. It connects ship operators with local distributors and marine fuel traders to expedite bunkering. As a subsidiary of CBL (Asia) Limited, it serves international shipping firms and regional maritime operators across Asia's maritime hubs.
Growth and profitability
Revenue grew from $326.5M in FY2021 to $462.9M in FY2022, dipped to $435.9M in FY2023, and reached $592.5M in FY2024. In FY2025, revenue contracted 9.1% to $538.5M, representing a 5-year revenue CAGR of 18.1% from FY2020. Gross margin compressed from 2.3% in FY2021 to 0.8% in FY2025. Net income shifted from $3.6M in FY2021 to -$3.7M in FY2024 and -$3.0M in FY2025. For the latest quarter ended June 30, 2026, quarterly revenue rose 49.2% year-over-year, while quarterly earnings declined 10.0%, supporting trailing twelve-month revenue of $668.9M.
Balance sheet and cash flow
As of June 30, 2026, CBL International held $2.7M in cash and short-term investments against total debt of $50,933, resulting in net cash of $2.7M. The debt-to-equity ratio was 0.01, with shareholders' equity of $5.2M and total assets of $20.8M. Liquidity was supported by a current ratio of 1.25. For FY2025, free cash flow was $4.0M on operating cash flow of $4.0M. Capital deployment included $2,641 in capital expenditures and $49,419 spent on share buybacks.
Valuation and performance
At a market capitalization of $7.1M and enterprise value of $126,596, BANL trades at an EV/EBITDA of 0.1x and a price-to-book ratio of 0.5x. Both EV/EBITDA and price-to-sales of 0.0x sit well below the median of its US-listed Energy peers, which trade at an EV/EBITDA of 8.0x and price-to-sales of 1.8x. Over the past year, BANL shares fell 65.0%, underperforming the S&P 500 return of 16.8%. The stock also trades 45.7% below its 200-day moving average.
What analysts expect
Consensus rating counts and price targets are not available for CBL International. In terms of earnings execution, the company beat EPS estimates in 3 of the last 4 quarters. Diluted EPS stood at -$0.23 over the trailing twelve months ended June 30, 2026, compared to positive EPS of $0.19 reported in FY2022.
Key risks and what to watch
- Trailing twelve-month operating margin of 0.8% leaves little room to absorb swings in marine fuel prices.
- Shareholder dilution has been significant, with the 5-year share count expanding 29.4%.
- Insider ownership stands at 60.5%, giving outside public investors limited voting control over corporate decisions.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this BANL AI stock analysis
This page is an AI-written research summary of CBL International Limited (BANL). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: BANL income statement, BANL balance sheet, BANL key metrics, BANL chart. See the BANL stock overview for the latest quote and news.
BANL AI stock analysis FAQ
What does CBL International Limited do?
CBL International provides marine fuel logistics and trade credit solutions to ship operators and fuel traders across ports in Malaysia, Hong Kong, China, South Korea, and Singapore.
Does BANL pay a dividend?
BANL does not pay a dividend.
What is CBL International's cash and debt position?
As of June 30, 2026, the company held $2.7M in cash and short-term investments against $50,933 in total debt, leaving net cash of $2.7M.
How has BANL performed against the broader market?
Over the past year, BANL fell 65.0%, underperforming the S&P 500, which gained 16.8% over the same period.