Company Valuation: North East Rubbers

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 12,324 11,733 9,165 8,537 8,278 8,315 - -
Change - -4.8% -21.89% -6.85% -3.03% 0.45% - -
Enterprise Value (EV) 1 19,377 18,389 18,185 18,929 18,222 17,983 22,681 27,751
Change - -5.1% -1.1% 4.09% -3.73% -1.31% 26.12% 22.35%
P/E 6.43x 6.68x 5.93x 5.17x 4.39x 5.03x 4.14x 3.67x
PBR 2.26x 1.78x 1.23x 1.01x 0.85x 0.83x 0.67x 0.57x
PEG - -0.5x -0.5x 0.74x 0.3x -0.4x 0.2x 0.3x
Capitalization / Revenue 0.5x 0.47x 0.37x 0.31x 0.27x 0.27x 0.23x 0.2x
EV / Revenue 0.79x 0.73x 0.73x 0.69x 0.6x 0.58x 0.63x 0.65x
EV / EBITDA 7.49x 7.75x 7.93x 7.85x 7.41x 7.15x 7.68x 8.12x
EV / EBIT 8.05x 8.03x 8.68x 8.69x 8.2x 7.76x 8.1x 7.42x
EV / FCF -10.3x 22.2x 311x -71.6x 11.9x 9.62x 12.8x -
FCF Yield -9.73% 4.5% 0.32% -1.4% 8.4% 10.4% 7.81% -
Dividend per Share 2 0.43 0.38 0.34 0.36 0.31 0.3367 0.47 0.57
Rate of return 6.14% 5.98% 6.85% 7.79% 6.92% 7.48% 10.4% 12.7%
EPS 2 1.088 0.95 0.836 0.8943 1.02 0.895 1.088 1.225
Distribution rate 39.5% 40% 40.7% 40.3% 30.4% 37.6% 43.2% 46.5%
Net sales 1 24,426 25,172 25,045 27,448 30,240 30,978 36,044 42,632
EBITDA 1 2,586 2,373 2,293 2,411 2,458 2,514 2,952 3,419
EBIT 1 2,408 2,290 2,095 2,179 2,223 2,317 2,799 3,739
Net income 1 1,850 1,748 1,546 1,652 1,885 1,640 2,068 2,396
Net Debt 1 7,052 6,655 9,020 10,392 9,944 9,668 14,366 19,436
Reference price 2 7.000 6.350 4.960 4.620 4.480 4.500 4.500 4.500
Nbr of stocks (in thousands) 1,760,635 1,847,790 1,847,790 1,847,790 1,847,790 1,847,790 - -
Announcement Date 2/21/22 2/17/23 2/27/24 2/19/25 2/19/26 - - -
1THB in Million2THB
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
5.03x0.58x7.15x7.48% 247M
13.34x0.99x5.36x3.56% 28.36B
13.58x1.02x5.64x3.9% 26.74B
9.55x1.22x5.96x3% 7.08B
9.83x1x5.84x2.88% 6.15B
9.39x - - 3.24% 6.13B
15.32x - - 3.82% 3.98B
8.94x0.9x4.11x3.56% 3.75B
9.85x0.64x5.04x4.14% 3.44B
33.88x1.82x10.32x1.98% 2.35B
Average 12.87x 1.02x 6.18x 3.76% 8.82B
Weighted average by Cap. 12.88x 1.03x 5.63x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. NER Stock
  4. Valuation North East Rubbers