Valuation: Hwa Fong Rubber (Thailand) PCL

Market Cap 262.06Cr 7.86Cr 6.89Cr 6.34Cr 5.89Cr 11Cr 750.03Cr 11Cr 76Cr 30Cr 368.16Cr 30Cr 29Cr 1.28TCr P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 118.53Cr 3.56Cr 3.11Cr 2.87Cr 2.66Cr 5.06Cr 339.25Cr 5.13Cr 34Cr 13Cr 166.52Cr 13Cr 13Cr 577.36Cr EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
08/05 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
18/03 Hwa Fong Rubber Public Company Limited Announces Retirement of Lin, Wen Cheng as Director, Effective from April 27, 2026 CI
28/02 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
26/02 Hwa Fong Rubber Public Company Limited Announces an Interim Cash Dividend to Common Shareholders , Payable on March 26, 2026 CI
04/11 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
02/25/02 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
02/25/02 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
30/25/30 Hwa Fong Rubber Public Company Limited Approves No Dividend Payment for the Second Half of Year 2024 CI
27/25/27 Hwa Fong Rubber Public Company Limited Proposes Omit Dividend Payment for the Operating Period from 1 January 2024 to 31 December 2024 CI
27/25/27 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
06/24/06 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
07/24/07 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
07/24/07 Hwa Fong Rubber Public Company Limited Approves Interim Cash Dividend for Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024 CI
Manager TitleAgeSince
Chief Executive Officer 76 22/06/2018
Director of Finance/CFO 61 01/01/2005
Corporate Secretary - -
Director TitleAgeSince
Director/Board Member 85 11/08/2012
Chairman 76 22/06/2018
Director/Board Member 49 21/04/2017
Change 5-day change 1-year change 3-year change Capi.($)
+0.89%+6.69%+22.80%+26.54% 2.79TCr
+1.03%+5.04%+12.50%+34.48% 2.74TCr
-0.32%+8.99%+92.07%+156.72% 769.28Cr
+4.82%+7.71%+7.66% - 629.38Cr
+5.46%+8.64%-0.23%+14.40% 601.03Cr
-4.62%-4.91%+5.80%+49.76% 471.41Cr
-1.20%+5.66%+28.39%+110.75% 378.21Cr
+0.80%+11.26%+41.22%+65.89% 372.22Cr
-2.03%-5.70%+371.94%+356.06% 286.98Cr
Average +0.53%+4.00%+64.68%+101.82% 1TCr
Weighted average by Cap. +0.92%+5.23%+34.20%+58.27%

Financials

2024 2025
Net sales 302.44Cr 9.07Cr 7.95Cr 7.32Cr 6.79Cr 13Cr 865.62Cr 13Cr 88Cr 34Cr 424.9Cr 34Cr 33Cr 1.47TCr 269.06Cr 8.07Cr 7.07Cr 6.51Cr 6.04Cr 11Cr 770.08Cr 12Cr 78Cr 30Cr 378Cr 30Cr 30Cr 1.31TCr
Net income 37Cr 1.12Cr 98.1L 90.36L 83.87L 1.59Cr 106.85Cr 1.61Cr 11Cr 4.21Cr 52Cr 4.21Cr 4.11Cr 181.85Cr 20Cr 60.19L 52.72L 48.56L 45.07L 85.59L 57Cr 86.74L 5.81Cr 2.26Cr 28Cr 2.26Cr 2.21Cr 98Cr
Net Debt -109.74Cr -3.29Cr -2.88Cr -2.66Cr -2.47Cr -4.68Cr -314.09Cr -4.75Cr -32Cr -12Cr -154.18Cr -12Cr -12Cr -534.55Cr -143.53Cr -4.31Cr -3.77Cr -3.47Cr -3.22Cr -6.12Cr -410.78Cr -6.21Cr -42Cr -16Cr -201.64Cr -16Cr -16Cr -699.11Cr
Logo Hwa Fong Rubber (Thailand) PCL
Hwa Fong Rubber (Thailand) Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles. The Company’s product range includes motorcycle, bicycle, ATV, agriculture and industrial, golf car, and accessories. Its motorcycle products include sport tire, scooter tire, vintage tire, big bike tire, motocross tire and tube. Its bicycle products include mountain bike, road racing bike, city and touring bike, BMX, free style bike, electric bike, and tube. The Company’s segments include Sales of goods and services, and Investing. Its subsidiaries include HFT Holding Co., Ltd. and PT. Hwa Fong Rubber Indonesia. HFT Holding Co., Ltd. is engaged in the investment in bonds and securities, and wholesale and retail trading of tires and tubes and equipment. PT. Hwa Fong Rubber Indonesia is involved in the manufacturing and distribution of tires and tubes for bicycles and motorcycles.
Employees
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