Valuation: Hwa Fong Rubber (Thailand) PCL

Market Cap 275.23Cr 8.19Cr 7.2Cr 6.81Cr 6.18Cr 12Cr 785.98Cr 12Cr 82Cr 31Cr 401.07Cr 31Cr 30Cr 1.29TCr P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 131.7Cr 3.92Cr 3.45Cr 3.26Cr 2.96Cr 5.55Cr 376.11Cr 5.58Cr 39Cr 15Cr 191.92Cr 15Cr 14Cr 616.72Cr 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.($)
-0.57%+0.24%+10.95%+30.73% 3.03TCr
-0.03%+1.32%+9.39%+16.44% 2.6TCr
-0.40%-2.49%+22.79%+118.51% 684.19Cr
-2.58%-4.21%-9.83%+4.76% 620.45Cr
-0.74%-2.23%-11.58% - 575.71Cr
-2.13%0.00%+12.98%+64.29% 495.94Cr
-2.85%-1.17%-4.80%+64.60% 381.6Cr
-1.16%-1.72%+10.76%+20.93% 337.32Cr
-2.07%-2.25%+99.87%+116.10% 245.43Cr
Average -1.10%-0.04%+15.61%+54.54% 997.13Cr
Weighted average by Cap. -0.72%+0.98%+10.38%+37.15%

Financials

2024 2025
Net sales 302.44Cr 9Cr 7.91Cr 7.48Cr 6.79Cr 13Cr 863.71Cr 13Cr 90Cr 35Cr 440.73Cr 34Cr 33Cr 1.42TCr 269.06Cr 8Cr 7.04Cr 6.66Cr 6.04Cr 11Cr 768.38Cr 11Cr 80Cr 31Cr 392.09Cr 30Cr 29Cr 1.26TCr
Net income 37Cr 1.11Cr 97.68L 92.37L 83.78L 1.57Cr 106.61Cr 1.58Cr 11Cr 4.27Cr 54Cr 4.17Cr 4.08Cr 174.82Cr 20Cr 59.68L 52.49L 49.64L 45.02L 84.55L 57Cr 85.04L 5.94Cr 2.3Cr 29Cr 2.24Cr 2.19Cr 94Cr
Net Debt -109.74Cr -3.26Cr -2.87Cr -2.72Cr -2.46Cr -4.63Cr -313.4Cr -4.65Cr -33Cr -13Cr -159.92Cr -12Cr -12Cr -513.9Cr -143.53Cr -4.27Cr -3.76Cr -3.55Cr -3.22Cr -6.05Cr -409.88Cr -6.08Cr -43Cr -16Cr -209.15Cr -16Cr -16Cr -672.1Cr
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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