Valuation Cheng Shin Rubber Ind. Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. Other stock markets 29/06/2026			5-day change	1st Jan Change
30.25 ^TWD	+2.89%		+0.67%	+2.54%

05-13	Cheng Shin Rubber says Jan-Mar net profit T$1.86 bln	RE
05-13	Cheng Shin Rubber Ind. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Market Cap ¹	117,015	109,884	145,540	158,991	95,622	98,053	-
Change	-	-6.09%	32.45%	9.24%	-39.86%	2.54%	-
Enterprise Value (EV) ¹	129,733	123,112	148,726	161,507	111,245	95,851	89,644
Change	-	-5.1%	20.81%	8.59%	-31.12%	-13.84%	-6.48%
P/E	22.3x	22.2x	20.2x	19.9x	19.7x	18.9x	18.8x
PBR	1.45x	1.31x	1.7x	1.77x	1.09x	1.09x	1.08x
PEG	-	-4x	0.4x	1.8x	-0.5x	2.84x	30.08x
Capitalization / Revenue	1.15x	1.11x	1.51x	1.65x	1.05x	1.07x	1.07x
EV / Revenue	1.28x	1.25x	1.55x	1.68x	1.23x	1.04x	0.98x
EV / EBITDA	6.87x	6.8x	7.06x	8.15x	7.09x	6.4x	6.36x
EV / EBIT	17x	16.7x	14.4x	16.1x	15.5x	13.7x	12.9x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Dividend per Share ²	1.2	1.4	2	2.4	1.8	1.28	1.29
Rate of return	3.32%	4.13%	4.45%	4.89%	6.1%	4.23%	4.26%
EPS ²	1.62	1.53	2.22	2.47	1.5	1.6	1.61
Distribution rate	74.1%	91.5%	90.1%	97.2%	120%	80%	80.1%
Net sales ¹	101,537	98,623	96,201	96,247	90,781	91,823	91,835
EBITDA ¹	18,896	18,096	21,058	19,828	15,688	14,988	14,106
EBIT ¹	7,654	7,374	10,358	10,012	7,155	6,975	6,974
Net income	5,270	4,961	7,182	8,017	4,854	-	-
Net Debt ¹	12,718	13,228	3,187	2,516	15,623	-2,202	-8,408
Reference price ²	36.10	33.90	44.90	49.05	29.50	30.25	30.25
Nbr of stocks (in thousands)	3,241,416	3,241,416	3,241,416	3,241,416	3,241,416	3,241,416	-
Announcement Date	24/03/22	16/03/23	14/03/24	12/03/25	12/03/26	-	-

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CHENG SHIN RUBBER IND. CO., LTD.	18.91x	1.04x	6.4x	4.23%	3.07B
PIRELLI & C. S.P.A.	14.23x	1.21x	5.28x	3.89%	8.11B
MRF LIMITED	22.25x	1.76x	11.36x	0.19%	5.56B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.62x	0.5x	2.96x	4.54%	5.15B
BALKRISHNA INDUSTRIES LIMITED	31.41x	4x	17.49x	0.75%	4.43B
APOLLO TYRES LIMITED	16.78x	1.01x	6.91x	1.59%	2.83B
SHANDONG LINGLONG TYRE CO.,LTD.	11.94x	0.92x	6.73x	2.85%	2.23B
QINGDAO SENTURY TIRE CO., LTD.	8.8x	-	-	5.46%	2.04B
TRIANGLE TYRE CO.,LTD	10.37x	-	-	-	1.52B
CEAT LIMITED	19.99x	1.07x	8.39x	1.08%	1.45B
Average	16.03x	1.44x	8.19x	2.73%	3.64B
Weighted average by Cap.	16.55x	1.51x	8.07x	2.75%