Valuation North East Rubbers

Stocks

End-of-day quote Thailand S.E. 14/09/2026			5-day change	1st Jan Change
4.640 ^THB	-2.52%		-2.11%	+3.57%

08-06	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT
08-06	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	8,574	-	-
Change	-	-4.8%	-21.89%	-6.85%	-3.03%	3.57%	-	-
Enterprise Value (EV) ¹	19,377	18,389	18,185	18,929	18,222	18,500	19,195	19,737
Change	-	-5.1%	-1.1%	4.09%	-3.73%	1.52%	3.76%	2.82%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	5.16x	4.66x	4.62x
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	4.6x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.27x	0.26x	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	7.46x	7.09x	6.93x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	8.34x	7.77x	7.6x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	21x	59.8x	-25.5x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	4.76%	1.67%	-3.92%
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%	7.22%	8.51%	8.62%
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	4.640	4.640	4.640
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	21/2/22	17/2/23	27/2/24	19/2/25	19/2/26	-	-	-

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 (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NORTH EAST RUBBERS	5.29x	0.6x	7.55x	7.04%	266M
BRIDGESTONE CORPORATION	13.03x	0.99x	5.25x	3.52%	30.61B
MICHELIN (CGDE)	13.59x	0.99x	5.55x	4.04%	26.32B
THE YOKOHAMA RUBBER COMPANY, LIMITED	7.98x	1.1x	5.22x	3.52%	6.95B
SAILUN GROUP CO., LTD.	10.21x	1.04x	5.94x	2.9%	6.48B
ZHONGCE RUBBER GROUP CO., LTD.	9.02x	-	-	3.38%	5.95B
VIETNAM RUBBER INDUSTRY GROUP -	16.81x	-	-	3.33%	4.63B
TOYO TIRE CORPORATION	7.64x	0.93x	4.53x	3.77%	3.7B
SUMITOMO RUBBER INDUSTRIES, LTD.	9.13x	0.63x	5.1x	4.43%	3.42B
NOKIAN RENKAAT OYJ	35.65x	1.91x	10.75x	1.87%	2.56B
Average	12.83x	1.02x	6.24x	3.78%	9.09B
Weighted average by Cap.	12.78x	1.01x	5.55x	3.62%