Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.62B 78.37M 68.74M 63.66M 58.58M 111M 7.5B 113M 759M 298M 3.68B 294M 288M 12.72B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.19B 35.45M 31.09M 28.8M 26.5M 50.11M 3.39B 51.09M 343M 135M 1.67B 133M 130M 5.75B 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.($)
-.--%-.--% - - 79.17M
+0.28%+1.82%+18.26%+24.62% 27.61B
-0.40%-0.32%+7.89%+28.34% 27.21B
-1.60%-4.98%+77.72%+150.40% 7.39B
+0.32%+2.36%+3.24% - 6.14B
+4.90%+6.27%-2.17%+12.40% 5.79B
-3.59%-9.23%-1.67%+36.57% 4.66B
-0.13%+0.75%+25.64%+112.59% 3.72B
-1.17%-2.58%+30.51%+58.90% 3.6B
-9.92%-20.10%+287.60%+281.15% 2.6B
Average -1.13%-2.61%+49.67%+88.12% 9.86B
Weighted average by Cap. -0.36%-0.61%+25.32%+50.46%

Financials

2024 2025
Net sales 3.02B 90.45M 79.33M 73.48M 67.61M 128M 8.66B 130M 876M 343M 4.25B 340M 332M 14.68B 2.69B 80.46M 70.57M 65.36M 60.14M 114M 7.7B 116M 779M 306M 3.78B 302M 296M 13.06B
Net income 373M 11.16M 9.79M 9.07M 8.34M 15.78M 1.07B 16.09M 108M 42.4M 525M 41.92M 41.01M 1.81B 201M 6M 5.26M 4.87M 4.48M 8.48M 574M 8.65M 58.09M 22.78M 282M 22.53M 22.04M 974M
Net Debt -1.1B -32.82M -28.79M -26.66M -24.53M -46.4M -3.14B -47.3M -318M -125M -1.54B -123M -121M -5.33B -1.44B -42.92M -37.65M -34.87M -32.08M -60.68M -4.11B -61.86M -416M -163M -2.02B -161M -158M -6.97B
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