Valuation: Hwa Fong Rubber (Thailand) PCL

Market Cap 268.64Cr 8.15Cr 7.05Cr 6.58Cr 6.04Cr 11Cr 775.58Cr 12Cr 77Cr 30Cr 388.74Cr 31Cr 30Cr 1.29TCr P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 125.12Cr 3.8Cr 3.28Cr 3.07Cr 2.81Cr 5.29Cr 361.21Cr 5.37Cr 36Cr 14Cr 181.05Cr 14Cr 14Cr 598.54Cr EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
05/08 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026 CI
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
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.($)
+2.88%+10.37%+30.67%+52.68% 3.31TCr
-0.09%-0.66%+10.18%+20.95% 2.71TCr
-3.95%+2.07%+46.00%+155.43% 779.2Cr
-0.87%-3.88%+3.73%+17.13% 635.95Cr
-0.73%-1.95%+8.12% - 631.83Cr
+6.82%+8.18%-2.78%+34.31% 454.06Cr
-3.06%+10.04%+40.74%+70.85% 414.6Cr
+4.94%-8.43%+4.28%+96.21% 351.73Cr
+18.00%+44.65%+311.50%+343.45% 266.26Cr
Average +2.66%+5.56%+50.27%+98.87% 1.06TCr
Weighted average by Cap. +1.42%+2.94%+28.53%+59.79%

Financials

2024 2025
Net sales 302.44Cr 9.17Cr 7.94Cr 7.41Cr 6.8Cr 13Cr 873.17Cr 13Cr 87Cr 34Cr 437.66Cr 34Cr 34Cr 1.45TCr 269.06Cr 8.16Cr 7.06Cr 6.59Cr 6.05Cr 11Cr 776.79Cr 12Cr 77Cr 30Cr 389.35Cr 31Cr 30Cr 1.29TCr
Net income 37Cr 1.13Cr 97.96L 91.48L 83.92L 1.58Cr 107.78Cr 1.6Cr 11Cr 4.21Cr 54Cr 4.25Cr 4.16Cr 178.6Cr 20Cr 60.86L 52.64L 49.16L 45.1L 84.82L 58Cr 86.17L 5.77Cr 2.26Cr 29Cr 2.29Cr 2.24Cr 96Cr
Net Debt -109.74Cr -3.33Cr -2.88Cr -2.69Cr -2.47Cr -4.64Cr -316.83Cr -4.71Cr -32Cr -12Cr -158.81Cr -13Cr -12Cr -525Cr -143.53Cr -4.35Cr -3.77Cr -3.52Cr -3.23Cr -6.07Cr -414.37Cr -6.16Cr -41Cr -16Cr -207.69Cr -16Cr -16Cr -686.62Cr
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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