Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.67B 80.6M 70.44M 66.2M 60.41M 113M 7.71B 113M 795M 307M 3.93B 303M 296M 12.69B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.24B 37.33M 32.62M 30.66M 27.98M 52.51M 3.57B 52.52M 368M 142M 1.82B 140M 137M 5.87B 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
05/11 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
02/08/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
02/05/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
01/05/25 Hwa Fong Rubber Public Company Limited Approves No Dividend Payment for the Second Half of Year 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Proposes Omit Dividend Payment for the Operating Period from 1 January 2024 to 31 December 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
06/11/24 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
07/08/24 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.($)
-.--%-.--% - - 80.75M
-1.56%-0.24%+6.28%+23.55% 29.48B
+1.89%+1.95%+9.16%+12.67% 25.92B
-0.77%+2.28%+19.42%+111.56% 6.84B
-0.29%+1.10%-6.02%+12.70% 6.49B
-0.22%+0.42%-9.83% - 5.9B
0.00%+7.51%+12.59%+38.79% 4.95B
-0.05%+2.51%-5.72%+62.91% 3.72B
-1.71%-0.95%+9.48%+18.79% 3.31B
+0.81%+2.54%+101.75%+111.59% 2.53B
Average -0.16%+0.67%+15.23%+49.07% 9.91B
Weighted average by Cap. -0.09%-0.03%+8.84%+31.70%

Financials

2024 2025
Net sales 3.02B 91.19M 79.69M 74.9M 68.35M 128M 8.72B 128M 899M 347M 4.45B 342M 335M 14.35B 2.69B 81.13M 70.9M 66.63M 60.81M 114M 7.76B 114M 800M 309M 3.96B 305M 298M 12.77B
Net income 373M 11.26M 9.84M 9.25M 8.44M 15.83M 1.08B 15.84M 111M 42.82M 550M 42.27M 41.35M 1.77B 201M 6.05M 5.29M 4.97M 4.53M 8.51M 578M 8.51M 59.63M 23.01M 295M 22.72M 22.22M 952M
Net Debt -1.1B -33.09M -28.92M -27.18M -24.8M -46.55M -3.16B -46.56M -326M -126M -1.62B -124M -122M -5.21B -1.44B -43.28M -37.82M -35.54M -32.44M -60.88M -4.14B -60.89M -427M -165M -2.11B -163M -159M -6.81B
Logo Hwa Fong Rubber (Thailand)
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
1,555
-40%: Exceptional extension
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