Valuation Hwa Fong Rubber (Thailand)

Stocks

End-of-day quote Thailand S.E. Other stock markets 2026-07-14			5-day change	1st Jan Change
4.000 ^THB	+0.50%		+0.50%	-4.31%

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

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	2/25/21	2/25/22	2/22/23	2/22/24	2/27/25	2/26/26

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
HWA FONG RUBBER (THAILAND)	-	-	-	-	78.37M
BRIDGESTONE CORPORATION	12.77x	0.96x	5.14x	3.71%	27.55B
MICHELIN (CGDE)	13.82x	1.03x	5.73x	3.86%	27.02B
THE YOKOHAMA RUBBER COMPANY, LIMITED	9.72x	1.23x	6.01x	2.93%	7.23B
ZHONGCE RUBBER GROUP CO., LTD.	9.44x	-	-	3.23%	6.16B
SAILUN GROUP CO., LTD.	9.71x	0.99x	5.78x	2.91%	6.07B
VIETNAM RUBBER INDUSTRY GROUP -	12.94x	-	-	5.42%	4.49B
TOYO TIRE CORPORATION	8.78x	0.88x	4.01x	3.63%	3.7B
SUMITOMO RUBBER INDUSTRIES, LTD.	10.02x	0.65x	5.09x	4.08%	3.54B
JIANGSU HUALAN NEW PHARMACEUTICAL MATERIAL CO.,LTD.	121.13x	-	-	-	2.35B
Average	23.15x	0.96x	5.29x	3.72%	8.82B
Weighted average by Cap.	15.01x	0.99x	5.43x	3.7%