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 8,167 - -
Change - -4.8% -21.89% -6.85% -3.03% -1.34% - -
Enterprise Value (EV) 1 19,377 18,389 18,185 18,929 18,222 18,066 22,658 27,603
Change - -5.1% -1.1% 4.09% -3.73% -0.86% 25.41% 21.83%
P/E 6.43x 6.68x 5.93x 5.17x 4.39x 4.7x 3.95x 3.61x
PBR 2.26x 1.78x 1.23x 1.01x 0.85x 0.75x 0.65x 0.56x
PEG - -0.5x -0.5x 0.74x 0.3x -0.6x 0.2x 0.39x
Capitalization / Revenue 0.5x 0.47x 0.37x 0.31x 0.27x 0.26x 0.22x 0.19x
EV / Revenue 0.79x 0.73x 0.73x 0.69x 0.6x 0.57x 0.6x 0.65x
EV / EBITDA 7.49x 7.75x 7.93x 7.85x 7.41x 7.16x 7.43x 8.07x
EV / EBIT 8.05x 8.03x 8.68x 8.69x 8.2x 7.75x 7.61x 7.38x
EV / FCF -10.3x 22.2x 311x -71.6x 11.9x 9.12x 10.4x -
FCF Yield -9.73% 4.5% 0.32% -1.4% 8.4% 11% 9.61% -
Dividend per Share 2 0.43 0.38 0.34 0.36 0.31 0.33 0.4967 0.57
Rate of return 6.14% 5.98% 6.85% 7.79% 6.92% 7.47% 11.2% 12.9%
EPS 2 1.088 0.95 0.836 0.8943 1.02 0.94 1.12 1.225
Distribution rate 39.5% 40% 40.7% 40.3% 30.4% 35.1% 44.3% 46.5%
Net sales 1 24,426 25,172 25,045 27,448 30,240 31,788 37,619 42,632
EBITDA 1 2,586 2,373 2,293 2,411 2,458 2,524 3,049 3,419
EBIT 1 2,408 2,290 2,095 2,179 2,223 2,332 2,976 3,739
Net income 1 1,850 1,748 1,546 1,652 1,885 1,674 2,150 2,396
Net Debt 1 7,052 6,655 9,020 10,392 9,944 9,899 14,490 19,436
Reference price 2 7.000 6.350 4.960 4.620 4.480 4.420 4.420 4.420
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 (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
4.7x0.57x7.16x7.47% 248M
12.34x0.93x4.99x3.86% 26.69B
12.86x0.99x5.5x4.1% 26.06B
10.24x1.26x6.21x2.77% 7.56B
8.95x - - 3.4% 5.84B
9.1x0.93x5.43x3.11% 5.69B
17.95x - - 2.32% 5.24B
8.7x0.87x3.97x3.66% 3.69B
10.28x0.66x5.21x3.97% 3.66B
163.13x - - - 3.16B
Average 25.83x 0.89x 5.50x 3.85% 8.79B
Weighted average by Cap. 17.38x 0.97x 5.30x 3.67%

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
-40%: Exceptional extension
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