Valuation Polynet

Stocks

End-of-day quote Thailand S.E. 01/10/2026			5-day change	1st Jan Change
7.150 ^THB	0.00%		+1.42%	+2.14%

16/08	Polynet Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
14/08	Polynet Public Company Limited Announces Cash Dividend for the Period from January 1, 2026 to June 30, 2026, Payable on September 11, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2022	2023	2024	2025
Market Cap ¹	5,490	4,005	4,005	3,150
Change	-	-27.05%	0%	-21.35%
Enterprise Value (EV) ¹	5,380	3,798	3,754	2,901
Change	-	-29.4%	-1.17%	-22.71%
P/E	26.1x	22.9x	18.7x	11.8x
PBR	4.56x	3.08x	3.09x	2.37x
PEG	0.9x	-1.4x	0.8x	0.5x
Capitalization / Revenue	5.07x	4.17x	3.91x	2.63x
EV / Revenue	4.97x	3.95x	3.67x	2.42x
EV / EBITDA	19.6x	15.8x	11.8x	7.51x
EV / EBIT	28.2x	25.3x	16.7x	9.86x
EV / FCF	100x	70.3x	24.5x	18.8x
FCF Yield	1%	1.42%	4.08%	5.33%
Dividend per Share ²	0.16	0.38	0.45	0.57
Rate of return	1.31%	4.27%	5.06%	8.14%
EPS ²	0.4676	0.389	0.4758	0.5957
Distribution rate	34.2%	97.7%	94.6%	95.7%
Net sales ¹	1,082	961.3	1,024	1,199
EBITDA ¹	273.9	239.9	318.2	386.2
EBIT ¹	191	150.4	224.6	294.3
Net income ¹	161.7	175	214.1	268.1
Net Debt ¹	-110.2	-206.9	-251.3	-248.8
Reference price ²	12.200	8.900	8.900	7.000
Nbr of stocks (in thousands)	4,50,000	4,50,000	4,50,000	4,50,000
Announcement Date	24/02/23	23/02/24	21/02/25	24/02/26

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.($)
POLYNET	-	-	-	-	9.58Cr
BRIDGESTONE CORPORATION	13.33x	1.01x	5.42x	3.49%	3.07TCr
MICHELIN (CGDE)	13.83x	1x	5.62x	3.98%	2.6TCr
PIRELLI & C. S.P.A.	14.59x	1.25x	5.41x	3.95%	825.43Cr
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.42x	1.14x	5.41x	3.34%	716.21Cr
SAILUN GROUP CO., LTD.	9.81x	1x	5.72x	3.02%	622.42Cr
ZHONGCE RUBBER GROUP CO., LTD.	8.69x	-	-	3.5%	573.1Cr
MRF LIMITED	24.07x	1.58x	11.95x	0.18%	554.15Cr
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.48x	0.48x	2.99x	5.33%	531.33Cr
VIETNAM RUBBER INDUSTRY GROUP -	18.66x	-	-	3%	513Cr
Average	12.99x	1.06x	6.07x	3.31%	1TCr
Weighted average by Cap.	13.18x	1.04x	5.76x	3.51%