Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.61B 77.77M 68.22M 62.98M 58.2M 110M 7.45B 113M 757M 294M 3.64B 292M 286M 12.65B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.17B 34.96M 30.67M 28.31M 26.16M 49.59M 3.35B 50.58M 340M 132M 1.64B 131M 128M 5.69B EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
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
07/08/24 Hwa Fong Rubber Public Company Limited Approves Interim Cash Dividend for Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 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.($)
-.--%-.--% - - 77.77M
-1.22%+1.91%+17.99%+24.68% 27.78B
0.00%-1.47%+6.18%+29.93% 26.63B
-3.49%-0.86%+79.33%+145.82% 7.54B
+0.64%+9.79%+6.05% - 6.31B
-0.70%+11.99%-4.48%+12.78% 5.93B
+0.16%-4.98%+5.00%+48.24% 4.79B
-1.07%+1.14%+26.58%+109.68% 3.73B
-3.77%+0.97%+30.99%+58.26% 3.68B
-4.96%-22.88%+319.38%+312.31% 2.59B
Average -1.44%+2.78%+54.11%+92.71% 9.89B
Weighted average by Cap. -1.02%+3.75%+26.26%+52.26%

Financials

2024 2025
Net sales 3.02B 90.21M 79.13M 73.05M 67.51M 128M 8.64B 131M 878M 341M 4.23B 339M 331M 14.67B 2.69B 80.26M 70.39M 64.99M 60.06M 114M 7.68B 116M 781M 304M 3.76B 301M 295M 13.05B
Net income 373M 11.14M 9.77M 9.02M 8.33M 15.79M 1.07B 16.11M 108M 42.12M 522M 41.82M 40.9M 1.81B 201M 5.98M 5.25M 4.85M 4.48M 8.49M 573M 8.66M 58.25M 22.63M 280M 22.47M 21.98M 973M
Net Debt -1.1B -32.73M -28.71M -26.51M -24.5M -46.43M -3.13B -47.36M -319M -124M -1.53B -123M -120M -5.32B -1.44B -42.81M -37.55M -34.67M -32.04M -60.72M -4.1B -61.94M -417M -162M -2.01B -161M -157M -6.96B
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