Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.66B 78.64M 69.16M 64.25M 59.09M 111M 7.62B 113M 768M 300M 3.71B 295M 289M 12.89B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.22B 36.21M 31.85M 29.58M 27.21M 51.03M 3.51B 51.94M 354M 138M 1.71B 136M 133M 5.93B 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.($)
-.--%-.--% - - 78.78M
-0.58%+1.85%+24.55%+30.69% 28.87B
-1.40%-1.85%+6.08%+20.45% 27.27B
+0.93%+1.18%+80.80%+153.37% 7.45B
+2.54%+2.78%+3.63%+20.92% 6.22B
+1.89%+2.48%+7.49% - 6.22B
-0.18%-9.97%-11.00%+23.18% 4.13B
+1.22%+2.18%+31.61%+113.72% 3.81B
+1.77%+1.42%+33.16%+56.64% 3.56B
-1.63%+16.31%+91.23%+81.98% 2.41B
Average +0.45%+2.17%+29.73%+62.62% 9.99B
Weighted average by Cap. -0.16%+1.67%+21.77%+43.53%

Financials

2024 2025
Net sales 3.02B 89.41M 78.64M 73.05M 67.19M 126M 8.66B 128M 874M 341M 4.22B 336M 328M 14.65B 2.69B 79.54M 69.96M 64.99M 59.77M 112M 7.7B 114M 777M 303M 3.76B 299M 292M 13.03B
Net income 373M 11.04M 9.71M 9.02M 8.29M 15.55M 1.07B 15.83M 108M 42.06M 521M 41.43M 40.54M 1.81B 201M 5.93M 5.22M 4.85M 4.46M 8.36M 574M 8.51M 57.94M 22.6M 280M 22.26M 21.78M 972M
Net Debt -1.1B -32.44M -28.53M -26.51M -24.38M -45.72M -3.14B -46.54M -317M -124M -1.53B -122M -119M -5.32B -1.44B -42.43M -37.32M -34.67M -31.88M -59.79M -4.11B -60.86M -415M -162M -2B -159M -156M -6.95B
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