Valuation: Hwa Fong Rubber (Thailand)

Market Cap 2.65B 79.7M 69.8M 64.07M 59.72M 113M 7.6B 115M 772M 299M 3.73B 299M 293M 13.01B P/E 2024
7.37x
P/E 2025 13.7x
Enterprise Value 1.21B 36.48M 31.95M 29.33M 27.34M 51.74M 3.48B 52.73M 353M 137M 1.71B 137M 134M 5.95B 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
1 week-0.99%
Current month-0.50%
1 month-2.90%
3 months-3.83%
6 months-3.83%
Current year-3.83%
1 week 3.98
Extreme 3.98
4.06
1 month 3.98
Extreme 3.98
4.18
Current year 3.98
Extreme 3.98
4.6
1 year 3.48
Extreme 3.48
4.6
3 years 3.32
Extreme 3.32
4.82
5 years 3.32
Extreme 3.32
9.75
10 years 1.95
Extreme 1.95
9.75
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
Date Insider Type Main position Quantity % Market Cap.
06-08Buy

Director

39,800 0.0060%
06-08Buy

Director

39,800 0.0060%
06-08Buy

Director

20,000 0.0030%
Change 5-day change 1-year change 3-year change Capi.($)
0.00%-0.99%-6.51%-12.23% 79.48M
+2.12%+3.43%+10.33%+28.31% 26.43B
+3.03%+4.19%+17.91%+18.97% 26.27B
+2.53%+4.18%+89.06%+140.32% 7.17B
+1.07%+2.40%+1.46% - 5.76B
+2.10%+1.13%-10.44%+2.46% 5.3B
-0.45%-1.93%+5.94%+70.10% 5.05B
+2.74%+3.41%+24.79%+102.47% 3.56B
+2.77%+1.35%+31.19%+55.85% 3.42B
-10.44%+0.54%+407.37%+367.77% 3.36B
Average +0.55%+0.86%+57.11%+86.00% 8.64B
Weighted average by Cap. +1.77%+1.15%+33.88%+54.68%

Financials

2024 2025
Net sales 3.02B 91.07M 79.75M 73.21M 68.23M 129M 8.69B 132M 882M 342M 4.26B 342M 335M 14.86B 2.69B 81.02M 70.95M 65.13M 60.7M 115M 7.73B 117M 785M 304M 3.79B 304M 298M 13.22B
Net income 373M 11.24M 9.84M 9.04M 8.42M 15.94M 1.07B 16.25M 109M 42.19M 526M 42.22M 41.3M 1.83B 201M 6.04M 5.29M 4.86M 4.53M 8.57M 576M 8.73M 58.5M 22.67M 283M 22.69M 22.19M 986M
Net Debt -1.1B -33.04M -28.94M -26.56M -24.76M -46.86M -3.15B -47.76M -320M -124M -1.55B -124M -121M -5.39B -1.44B -43.22M -37.85M -34.74M -32.38M -61.29M -4.12B -62.46M -419M -162M -2.02B -162M -159M -7.05B
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
Date Price Change Volume
02/07/26 THB 4.020 0.00% 309,809
01/07/26 THB 4.020 -0.50% 55,211
30/06/26 THB 4.040 0.00% 58,624
29/06/26 THB 4.040 +1.00% 126,800
26/06/26 THB 4.000 0.00% 85,200