Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.63B 79.17M 69.25M 63.88M 59M 112M 7.55B 114M 763M 300M 3.72B 297M 291M 12.79B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.2B 36.03M 31.51M 29.07M 26.85M 50.94M 3.44B 51.8M 347M 136M 1.69B 135M 132M 5.82B EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
May. 08 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
Mar. 18 Hwa Fong Rubber Public Company Limited Announces Retirement of Lin, Wen Cheng as Director, Effective from April 27, 2026 CI
Feb. 27 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
Feb. 26 Hwa Fong Rubber Public Company Limited Announces an Interim Cash Dividend to Common Shareholders , Payable on March 26, 2026 CI
Nov. 04 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
25-08-01 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
25-05-02 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
25-04-30 Hwa Fong Rubber Public Company Limited Approves No Dividend Payment for the Second Half of Year 2024 CI
25-02-27 Hwa Fong Rubber Public Company Limited Proposes Omit Dividend Payment for the Operating Period from 1 January 2024 to 31 December 2024 CI
25-02-26 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
24-11-05 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
24-08-07 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
24-08-07 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 2018-06-21
Director of Finance/CFO 61 2004-12-31
Corporate Secretary - -
Director TitleAgeSince
Director/Board Member 85 2012-08-10
Chairman 76 2018-06-21
Director/Board Member 49 2017-04-20
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-.--% - - 79.17M
-0.08%+1.54%+17.92%+24.40% 27.61B
+1.81%+0.09%+8.33%+32.43% 27.21B
+0.79%-3.43%+80.61%+150.96% 7.39B
+0.02%+2.04%+2.92% - 6.14B
+2.22%+1.30%-6.75%+6.32% 5.79B
-2.86%-5.85%+2.00%+42.33% 4.66B
+0.13%+0.88%+25.81%+110.29% 3.72B
+0.93%-1.42%+32.06%+60.38% 3.6B
-1.26%-11.30%+330.28%+317.93% 2.6B
Average +0.17%-2.19%+54.80%+93.13% 9.86B
Weighted average by Cap. +0.60%-0.59%+26.79%+52.81%

Financials

2024 2025
Net sales 3.02B 90.92M 79.53M 73.35M 67.75M 129M 8.67B 131M 876M 344M 4.27B 341M 334M 14.69B 2.69B 80.88M 70.75M 65.26M 60.27M 114M 7.71B 116M 780M 306M 3.8B 304M 297M 13.06B
Net income 373M 11.22M 9.82M 9.05M 8.36M 15.87M 1.07B 16.14M 108M 42.49M 527M 42.14M 41.22M 1.81B 201M 6.03M 5.28M 4.87M 4.49M 8.53M 575M 8.67M 58.14M 22.83M 283M 22.64M 22.15M 974M
Net Debt -1.1B -32.99M -28.86M -26.62M -24.58M -46.65M -3.15B -47.43M -318M -125M -1.55B -124M -121M -5.33B -1.44B -43.15M -37.74M -34.81M -32.15M -61.01M -4.12B -62.03M -416M -163M -2.03B -162M -158M -6.97B
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