Valuation North East Rubbers

Stocks

End-of-day quote Thailand S.E. 29/10/2026			5-day change	1st Jan Change
4.660 ^THB	-0.85%		-0.43%	+4.02%

08-06	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT
08-05	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	18,652	19,356	19,774
Change	-	-5.1%	-1.1%	4.09%	-3.73%	2.36%	3.77%	2.16%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	5.05x	4.72x	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	-0.53x	0.68x	2.62x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.27x	0.27x	0.25x
EV / Revenue	0.79x	0.73x	0.73x	0.69x	0.6x	0.6x	0.6x	0.58x
EV / EBITDA	7.49x	7.75x	7.93x	7.85x	7.41x	7.52x	7.19x	6.94x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	8.29x	7.88x	7.61x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	64.5x	43.3x	-25.6x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	1.55%	2.31%	-3.91%
Dividend per Share ²	0.43	0.38	0.34	0.36	0.31	0.3375	0.39	0.4
Rate of return	6.14%	5.98%	6.85%	7.79%	6.92%	7.24%	8.37%	8.58%
EPS ²	1.088	0.95	0.836	0.8943	1.02	0.9233	0.9875	1.005
Distribution rate	39.5%	40%	40.7%	40.3%	30.4%	36.6%	39.5%	39.8%
Net sales ¹	24,426	25,172	25,045	27,448	30,240	31,316	32,219	34,248
EBITDA ¹	2,586	2,373	2,293	2,411	2,458	2,482	2,692	2,849
EBIT ¹	2,408	2,290	2,095	2,179	2,223	2,249	2,456	2,598
Net income ¹	1,850	1,748	1,546	1,652	1,885	1,681	1,821	1,855
Net Debt ¹	7,052	6,655	9,020	10,392	9,944	10,042	10,746	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	21/02/22	17/02/23	27/02/24	19/02/25	19/02/26	-	-	-

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	5.09x	0.6x	7.55x	7.18%	257M
BRIDGESTONE CORPORATION	13.5x	1.03x	5.51x	3.41%	30.81B
MICHELIN (CGDE)	13.48x	0.95x	5.33x	4.17%	24.02B
PIRELLI & C. S.P.A.	14.56x	1.23x	5.35x	3.99%	8.01B
THE YOKOHAMA RUBBER COMPANY, LIMITED	8x	1.06x	5.11x	3.62%	6.42B
SAILUN GROUP CO., LTD.	8.47x	0.87x	4.99x	3.5%	5.41B
MRF LIMITED	23.55x	1.49x	11.5x	0.2%	5.26B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.31x	0.46x	2.96x	5.26%	5.15B
ZHONGCE RUBBER GROUP CO., LTD.	8.49x	-	-	3.05%	4.9B
VIETNAM RUBBER INDUSTRY GROUP -	15.2x	-	-	3.17%	4.87B
Average	11.56x	0.96x	6.04x	3.76%	9.51B
Weighted average by Cap.	12.84x	1.01x	5.60x	3.57%