Valuation North East Rubbers

Stocks

End-of-day quote Thailand S.E. 2026-09-25			5-day change	1st Jan Change
4.660 ^THB	-0.85%		-0.43%	+4.02%

Aug. 06	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT
Aug. 05	North East Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

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	8,611	-	-
Change	-	-4.8%	-21.89%	-6.85%	-3.03%	4.02%	-	-
Enterprise Value (EV) ¹	19,377	18,389	18,185	18,929	18,222	18,537	19,232	19,774
Change	-	-5.1%	-1.1%	4.09%	-3.73%	1.73%	3.75%	2.82%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	5.18x	4.68x	4.64x
PBR	2.26x	1.78x	1.23x	1.01x	0.85x	0.83x	0.71x	0.64x
PEG	-	-0.5x	-0.5x	0.74x	0.3x	-0.4x	0.4x	4.62x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.28x	0.27x	0.25x
EV / Revenue	0.79x	0.73x	0.73x	0.69x	0.6x	0.59x	0.59x	0.58x
EV / EBITDA	7.49x	7.75x	7.93x	7.85x	7.41x	7.47x	7.11x	6.94x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	8.35x	7.78x	7.61x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	21.1x	59.9x	-25.6x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	4.75%	1.67%	-3.91%
Dividend per Share ²	0.43	0.38	0.34	0.36	0.31	0.335	0.395	0.4
Rate of return	6.14%	5.98%	6.85%	7.79%	6.92%	7.19%	8.48%	8.58%
EPS ²	1.088	0.95	0.836	0.8943	1.02	0.9	0.995	1.005
Distribution rate	39.5%	40%	40.7%	40.3%	30.4%	37.2%	39.7%	39.8%
Net sales ¹	24,426	25,172	25,045	27,448	30,240	31,277	32,367	34,248
EBITDA ¹	2,586	2,373	2,293	2,411	2,458	2,480	2,706	2,849
EBIT ¹	2,408	2,290	2,095	2,179	2,223	2,219	2,471	2,598
Net income ¹	1,850	1,748	1,546	1,652	1,885	1,651	1,834	1,855
Net Debt ¹	7,052	6,655	9,020	10,392	9,944	9,926	10,621	11,163
Reference price ²	7.000	6.350	4.960	4.620	4.480	4.660	4.660	4.660
Nbr of stocks (in thousands)	1,760,635	1,847,790	1,847,790	1,847,790	1,847,790	1,847,815	-	-
Announcement Date	2/21/22	2/17/23	2/27/24	2/19/25	2/19/26	-	-	-

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.($)
NORTH EAST RUBBERS	5.18x	0.59x	7.47x	7.19%	258M
BRIDGESTONE CORPORATION	13.24x	1.01x	5.34x	3.46%	30.36B
MICHELIN (CGDE)	13.72x	1x	5.6x	4%	26.1B
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.24x	1.12x	5.34x	3.41%	7B
SAILUN GROUP CO., LTD.	10.04x	1.02x	5.85x	2.95%	6.37B
ZHONGCE RUBBER GROUP CO., LTD.	8.8x	-	-	3.46%	5.8B
VIETNAM RUBBER INDUSTRY GROUP -	18.44x	-	-	3.04%	5.07B
TOYO TIRE CORPORATION	8x	0.97x	4.74x	3.6%	3.79B
SUMITOMO RUBBER INDUSTRIES, LTD.	9.31x	0.64x	5.16x	4.35%	3.4B
NOKIAN RENKAAT OYJ	35.56x	1.9x	10.67x	1.88%	2.51B
Average	13.05x	1.03x	6.27x	3.73%	9.07B
Weighted average by Cap.	13.00x	1.03x	5.60x	3.56%