Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.65B 78.65M 69.07M 64.24M 58.95M 111M 7.57B 112M 763M 298M 3.72B 295M 289M 12.87B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.21B 36M 31.62M 29.41M 26.98M 50.7M 3.47B 51.48M 349M 136M 1.7B 135M 132M 5.89B EV / Sales 2024
0.55x
EV / Sales 2025 0.49x
Free-Float
22.32%
Yield 2024
6.7%
Yield 2025 6.46%
05-08 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2026 CI
03-18 Hwa Fong Rubber Public Company Limited Announces Retirement of Lin, Wen Cheng as Director, Effective from April 27, 2026 CI
02-27 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2025 CI
02-26 Hwa Fong Rubber Public Company Limited Announces an Interim Cash Dividend to Common Shareholders , Payable on March 26, 2026 CI
11-04 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2025 CI
01/08/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2025 CI
02/05/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the First Quarter Ended March 31, 2025 CI
30/04/25 Hwa Fong Rubber Public Company Limited Approves No Dividend Payment for the Second Half of Year 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Proposes Omit Dividend Payment for the Operating Period from 1 January 2024 to 31 December 2024 CI
27/02/25 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Full Year Ended December 31, 2024 CI
05/11/24 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 CI
07/08/24 Hwa Fong Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024 CI
07/08/24 Hwa Fong Rubber Public Company Limited Approves Interim Cash Dividend for Operating Period from January 1, 2024 to June 30, 2024, Payable on September 6, 2024 CI
Manager TitleAgeSince
Chief Executive Officer 76 21/06/2018
Director of Finance/CFO 61 31/12/2004
Corporate Secretary - -
Director TitleAgeSince
Director/Board Member 85 10/08/2012
Chairman 76 21/06/2018
Director/Board Member 49 20/04/2017
Change 5-day change 1-year change 3-year change Capi.($)
-.--%-.--% - - 78.64M
-0.83%+0.30%+21.90%+29.61% 28.57B
-0.32%-2.16%+5.75%+21.33% 26.79B
-5.54%-4.61%+64.50%+139.33% 7.48B
-3.30%-0.25%+4.83% - 6.34B
-3.58%-4.14%+0.08%+16.59% 6.38B
-3.32%-13.39%-15.62%+19.09% 4.12B
-2.18%-0.70%+25.11%+109.06% 3.83B
-4.78%-3.73%+20.13%+49.15% 3.6B
-0.47%+15.77%+90.34%+78.33% 2.36B
Average -2.42%+1.20%+24.11%+57.81% 9.94B
Weighted average by Cap. -1.76%-0.01%+18.01%+41.20%

Financials

2024 2025
Net sales 3.02B 89.86M 78.93M 73.4M 67.35M 127M 8.65B 129M 872M 341M 4.25B 337M 330M 14.71B 2.69B 79.94M 70.22M 65.3M 59.92M 113M 7.7B 114M 775M 303M 3.78B 300M 294M 13.09B
Net income 373M 11.09M 9.74M 9.06M 8.31M 15.62M 1.07B 15.86M 108M 42.03M 525M 41.64M 40.74M 1.82B 201M 5.96M 5.24M 4.87M 4.47M 8.39M 574M 8.52M 57.81M 22.59M 282M 22.38M 21.89M 976M
Net Debt -1.1B -32.61M -28.64M -26.63M -24.44M -45.92M -3.14B -46.63M -316M -124M -1.54B -122M -120M -5.34B -1.44B -42.64M -37.46M -34.83M -31.96M -60.06M -4.11B -60.98M -414M -162M -2.02B -160M -157M -6.98B
Logo Hwa Fong Rubber (Thailand)
Hwa Fong Rubber (Thailand) Public Company Limited is a Thailand-based company, which is engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles and small logistics vehicles. The Company’s product range includes motorcycle, bicycle, ATV, agriculture and industrial, golf car, and accessories. Its motorcycle products include sport tire, scooter tire, vintage tire, big bike tire, motocross tire and tube. Its bicycle products include mountain bike, road racing bike, city and touring bike, BMX, free style bike, electric bike, and tube. The Company’s segments include Sales of goods and services, and Investing. Its subsidiaries include HFT Holding Co., Ltd. and PT. Hwa Fong Rubber Indonesia. HFT Holding Co., Ltd. is engaged in the investment in bonds and securities, and wholesale and retail trading of tires and tubes and equipment. PT. Hwa Fong Rubber Indonesia is involved in the manufacturing and distribution of tires and tubes for bicycles and motorcycles.
Employees
1,555