Valuation Cheng Shin Rubber Ind. Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. Other stock markets 03/07/2026			5-day change	1st Jan Change
32.15 ^TWD	+1.42%		+8.61%	+8.98%

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	104,212	-
Change	-	-6.09%	32.45%	9.24%	-39.86%	8.98%	-
Enterprise Value (EV) ¹	129,733	123,112	148,726	161,507	111,245	102,010	95,803
Change	-	-5.1%	20.81%	8.59%	-31.12%	-8.3%	-6.08%
P/E	22.3x	22.2x	20.2x	19.9x	19.7x	20.1x	20x
PBR	1.45x	1.31x	1.7x	1.77x	1.09x	1.16x	1.14x
PEG	-	-4x	0.4x	1.8x	-0.5x	3.02x	32x
Capitalization / Revenue	1.15x	1.11x	1.51x	1.65x	1.05x	1.13x	1.13x
EV / Revenue	1.28x	1.25x	1.55x	1.68x	1.23x	1.11x	1.04x
EV / EBITDA	6.87x	6.8x	7.06x	8.15x	7.09x	6.81x	6.79x
EV / EBIT	17x	16.7x	14.4x	16.1x	15.5x	14.6x	13.7x
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%	3.98%	4.01%
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	32.15	32.15
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.	19.81x	1.1x	6.71x	4.04%	3.22B
PIRELLI & C. S.P.A.	14.95x	1.27x	5.51x	3.7%	8.54B
MRF LIMITED	23.69x	1.88x	12.07x	0.18%	5.88B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.81x	0.51x	3.03x	4.39%	5.33B
BALKRISHNA INDUSTRIES LIMITED	32.32x	4.11x	17.99x	0.73%	4.53B
APOLLO TYRES LIMITED	18.21x	1.09x	7.45x	1.47%	3.05B
SHANDONG LINGLONG TYRE CO.,LTD.	12.22x	0.93x	6.82x	2.79%	2.28B
QINGDAO SENTURY TIRE CO., LTD.	8.8x	-	-	5.46%	2.04B
CEAT LIMITED	22.42x	1.18x	9.23x	0.96%	1.62B
TRIANGLE TYRE CO.,LTD	10.37x	-	-	-	1.52B
Average	16.86x	1.51x	8.60x	2.63%	3.8B
Weighted average by Cap.	17.41x	1.57x	8.43x	2.63%