Valuation North East Rubbers

Stocks

End-of-day quote Thailand S.E. 14/08/2026			5-day change	1st Jan Change
4.540 ^THB	0.00%		-0.44%	+1.34%

06/08	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT
05/08	North East Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	12,324	11,733	9,165	8,537	8,278	8,389	-	-
Change	-	-4.8%	-21.89%	-6.85%	-3.03%	1.34%	-	-
Enterprise Value (EV) ¹	19,377	18,389	18,185	18,929	18,222	18,840	17,766	18,744
Change	-	-5.1%	-1.1%	4.09%	-3.73%	3.39%	-5.7%	5.5%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	4.99x	4.83x	5.07x
PBR	2.26x	1.78x	1.23x	1.01x	0.85x	0.82x	0.71x	0.68x
PEG	-	-0.5x	-0.5x	0.74x	0.3x	-0.5x	1.47x	-1.06x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.27x	0.27x	0.26x
EV / Revenue	0.79x	0.73x	0.73x	0.69x	0.6x	0.6x	0.56x	0.58x
EV / EBITDA	7.49x	7.75x	7.93x	7.85x	7.41x	7.61x	6.84x	7.11x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	8.58x	7.93x	8.63x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	25.2x	11.5x	-15.4x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	3.96%	8.66%	-6.51%
Dividend per Share ²	0.43	0.38	0.34	0.36	0.31	0.3675	0.3925	0.395
Rate of return	6.14%	5.98%	6.85%	7.79%	6.92%	8.09%	8.65%	8.7%
EPS ²	1.088	0.95	0.836	0.8943	1.02	0.91	0.94	0.895
Distribution rate	39.5%	40%	40.7%	40.3%	30.4%	40.4%	41.8%	44.1%
Net sales ¹	24,426	25,172	25,045	27,448	30,240	31,384	31,488	32,556
EBITDA ¹	2,586	2,373	2,293	2,411	2,458	2,477	2,599	2,636
EBIT ¹	2,408	2,290	2,095	2,179	2,223	2,195	2,240	2,172
Net income ¹	1,850	1,748	1,546	1,652	1,885	1,666	1,733	1,653
Net Debt ¹	7,052	6,655	9,020	10,392	9,944	10,451	9,377	10,355
Reference price ²	7.000	6.350	4.960	4.620	4.480	4.540	4.540	4.540
Nbr of stocks (in thousands)	17,60,635	18,47,790	18,47,790	18,47,790	18,47,790	18,47,815	-	-
Announcement Date	21/02/22	17/02/23	27/02/24	19/02/25	19/02/26	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NORTH EAST RUBBERS	4.99x	0.6x	7.61x	8.09%	25Cr
BRIDGESTONE CORPORATION	14.58x	1.1x	5.8x	3.08%	3.22TCr
MICHELIN (CGDE)	14.13x	1.03x	5.5x	3.87%	2.73TCr
THE YOKOHAMA RUBBER COMPANY, LIMITED	9.6x	1.25x	6.08x	3.13%	754.83Cr
SAILUN GROUP CO., LTD.	10x	1.01x	5.9x	2.84%	625.58Cr
ZHONGCE RUBBER GROUP CO., LTD.	9.39x	-	-	3.24%	616.01Cr
VIETNAM RUBBER INDUSTRY GROUP -	18.3x	-	-	3.06%	500.94Cr
SUMITOMO RUBBER INDUSTRIES, LTD.	10.58x	0.7x	5.35x	4.12%	392.03Cr
TOYO TIRE CORPORATION	8.47x	0.86x	4.07x	3.71%	366.6Cr
JIANGSU HUALAN NEW PHARMACEUTICAL MATERIAL CO.,LTD.	132.44x	-	-	-	257.79Cr
Average	23.25x	0.94x	5.76x	3.91%	948.9Cr
Weighted average by Cap.	16.39x	1.05x	5.64x	3.39%