Valuation Hwa Fong Rubber (Thailand)

Stocks

End-of-day quote Thailand S.E. Other stock markets 22/06/2026			5-day change	1st Jan Change
4.020 ^THB	-0.99%		-0.50%	-3.83%

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

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	3,292	5,663	4,280	2,950	2,752	2,752
Change	-	72%	-24.42%	-31.08%	-6.7%	0%
Enterprise Value (EV) ¹	2,353	4,960	3,200	1,637	1,655	1,317
Change	-	110.85%	-35.48%	-48.84%	1.08%	-20.41%
P/E	7.98x	12.3x	11.8x	11.8x	7.37x	13.7x
PBR	1.01x	1.6x	1.18x	0.82x	0.76x	0.72x
PEG	-	1.1x	-0.5x	-0.4x	0.1x	-0.3x
Capitalization / Revenue	1.24x	1.65x	1.25x	1.11x	0.91x	1.02x
EV / Revenue	0.88x	1.45x	0.94x	0.62x	0.55x	0.49x
EV / EBITDA	4.18x	8.25x	6.41x	4.1x	3.48x	4.09x
EV / EBIT	5.02x	9.88x	8.32x	5.69x	4.47x	6.19x
EV / FCF	14.3x	-25.9x	6.01x	4.96x	-546x	4.62x
FCF Yield	6.98%	-3.86%	16.7%	20.2%	-0.18%	21.7%
Dividend per Share ²	0.315	0.425	0.38	0.3	0.28	0.27
Rate of return	6.3%	4.94%	5.85%	6.7%	6.7%	6.46%
EPS ²	0.6267	0.7	0.5491	0.3795	0.567	0.3047
Distribution rate	50.3%	60.7%	69.2%	79.1%	49.4%	88.6%
Net sales ¹	2,665	3,427	3,412	2,649	3,024	2,691
EBITDA ¹	562.8	601.1	499.1	399.4	475.3	321.9
EBIT ¹	468.2	502.3	384.8	287.7	370.2	212.8
Net income ¹	412.6	460.9	361.6	249.9	373.3	200.6
Net Debt ¹	-939.6	-702.2	-1,079	-1,313	-1,097	-1,435
Reference price ²	5.000	8.600	6.500	4.480	4.180	4.180
Nbr of stocks (in thousands)	658,434	658,434	658,434	658,434	658,434	658,434
Announcement Date	25/2/21	25/2/22	22/2/23	22/2/24	27/2/25	26/2/26

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.($)
HWA FONG RUBBER (THAILAND)	-	-	-	-	80.35M
BRIDGESTONE CORPORATION	12.34x	0.93x	4.99x	3.86%	26.69B
MICHELIN (CGDE)	12.86x	0.99x	5.5x	4.1%	26.06B
THE YOKOHAMA RUBBER COMPANY, LIMITED	10.24x	1.26x	6.21x	2.77%	7.56B
ZHONGCE RUBBER GROUP CO., LTD.	8.95x	-	-	3.4%	5.84B
SAILUN GROUP CO., LTD.	9.1x	0.93x	5.43x	3.11%	5.69B
VIETNAM RUBBER INDUSTRY GROUP -	17.95x	-	-	2.32%	5.24B
TOYO TIRE CORPORATION	8.7x	0.87x	3.97x	3.66%	3.69B
SUMITOMO RUBBER INDUSTRIES, LTD.	10.28x	0.66x	5.21x	3.97%	3.66B
JIANGSU HUALAN NEW PHARMACEUTICAL MATERIAL CO.,LTD.	163.13x	-	-	-	3.16B
Average	28.17x	0.94x	5.22x	3.4%	8.77B
Weighted average by Cap.	17.42x	0.97x	5.29x	3.65%