Valuation Cheng Shin Rubber Ind. Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. Other stock markets 06/07/2026			5-day change	1st Jan Change
32.55 ^TWD	+1.24%		+7.60%	+10.34%

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	105,508	-
Change	-	-6.09%	32.45%	9.24%	-39.86%	10.34%	-
Enterprise Value (EV) ¹	129,733	123,112	148,726	161,507	111,245	103,306	97,100
Change	-	-5.1%	20.81%	8.59%	-31.12%	-7.14%	-6.01%
P/E	22.3x	22.2x	20.2x	19.9x	19.7x	20.3x	20.2x
PBR	1.45x	1.31x	1.7x	1.77x	1.09x	1.17x	1.16x
PEG	-	-4x	0.4x	1.8x	-0.5x	3.05x	32.32x
Capitalization / Revenue	1.15x	1.11x	1.51x	1.65x	1.05x	1.15x	1.15x
EV / Revenue	1.28x	1.25x	1.55x	1.68x	1.23x	1.13x	1.06x
EV / EBITDA	6.87x	6.8x	7.06x	8.15x	7.09x	6.89x	6.88x
EV / EBIT	17x	16.7x	14.4x	16.1x	15.5x	14.8x	13.9x
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%	3.93%	3.96%
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	32.55	32.55
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.	20.34x	1.13x	6.89x	3.93%	3.29B
PIRELLI & C. S.P.A.	15.15x	1.28x	5.57x	3.65%	8.63B
MRF LIMITED	24.33x	1.93x	12.39x	0.17%	6.03B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	6.09x	0.53x	3.14x	4.2%	5.61B
BALKRISHNA INDUSTRIES LIMITED	32.02x	4.07x	17.82x	0.74%	4.47B
APOLLO TYRES LIMITED	17.66x	0.98x	7.66x	1.38%	3.03B
SHANDONG LINGLONG TYRE CO.,LTD.	12.69x	0.95x	6.97x	2.68%	2.37B
QINGDAO SENTURY TIRE CO., LTD.	9.24x	-	-	5.21%	2.14B
CEAT LIMITED	22.4x	1.18x	9.23x	0.96%	1.61B
TRIANGLE TYRE CO.,LTD	10.98x	-	-	-	1.61B
Average	17.09x	1.51x	8.71x	2.55%	3.88B
Weighted average by Cap.	17.50x	1.56x	8.49x	2.57%