Valuation North East Rubbers

Stocks

End-of-day quote Thailand S.E. 06/11/2026			5-day change	1st Jan Change
4.600 ^THB	+0.88%		0.00%	+2.68%

11-06	North East Rubber Public Company Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2026	CI
08-06	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	12,324	11,733	9,165	8,537	8,278	8,500	-	-
Change	-	-4.8%	-21.89%	-6.85%	-3.03%	2.68%	-	-
Enterprise Value (EV) ¹	19,377	18,389	18,185	18,929	18,222	18,399	19,245	19,663
Change	-	-5.1%	-1.1%	4.09%	-3.73%	0.97%	4.6%	2.17%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	4.95x	4.66x	4.58x
PBR	2.26x	1.78x	1.23x	1.01x	0.85x	0.78x	0.7x	0.64x
PEG	-	-0.5x	-0.5x	0.74x	0.3x	-0.56x	0.75x	2.58x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.27x	0.26x	0.25x
EV / Revenue	0.79x	0.73x	0.73x	0.69x	0.6x	0.59x	0.6x	0.57x
EV / EBITDA	7.49x	7.75x	7.93x	7.85x	7.41x	7.14x	7.15x	6.9x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	7.82x	7.84x	7.57x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	13.5x	43.1x	-25.4x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	7.39%	2.32%	-3.93%
Dividend per Share ²	0.43	0.38	0.34	0.36	0.31	0.3375	0.39	0.4
Rate of return	6.14%	5.98%	6.85%	7.79%	6.92%	7.34%	8.48%	8.7%
EPS ²	1.088	0.95	0.836	0.8943	1.02	0.93	0.9875	1.005
Distribution rate	39.5%	40%	40.7%	40.3%	30.4%	36.3%	39.5%	39.8%
Net sales ¹	24,426	25,172	25,045	27,448	30,240	31,316	32,219	34,248
EBITDA ¹	2,586	2,373	2,293	2,411	2,458	2,576	2,692	2,849
EBIT ¹	2,408	2,290	2,095	2,179	2,223	2,354	2,456	2,598
Net income ¹	1,850	1,748	1,546	1,652	1,885	1,712	1,821	1,855
Net Debt ¹	7,052	6,655	9,020	10,392	9,944	9,899	10,746	11,163
Reference price ²	7.000	6.350	4.960	4.620	4.480	4.600	4.600	4.600
Nbr of stocks (in thousands)	1,760,635	1,847,790	1,847,790	1,847,790	1,847,790	1,847,815	-	-
Announcement Date	21/02/22	17/02/23	27/02/24	19/02/25	19/02/26	-	-	-

¹THB in Million²THB

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.($)
NORTH EAST RUBBERS	4.98x	0.59x	7.47x	7.34%	253M
BRIDGESTONE CORPORATION	14.14x	1.08x	5.77x	3.25%	32.27B
MICHELIN (CGDE)	14.07x	0.98x	5.54x	4%	25.08B
PIRELLI & C. S.P.A.	14.94x	1.26x	5.47x	3.89%	8.23B
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.42x	1.1x	5.3x	3.44%	6.75B
SAILUN GROUP CO., LTD.	10.21x	0.96x	6.01x	2.4%	5.91B
MRF LIMITED	25x	1.58x	12.2x	0.18%	5.65B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.82x	0.49x	3.16x	4.72%	5.54B
ZHONGCE RUBBER GROUP CO., LTD.	9x	-	-	2.88%	5.18B
BALKRISHNA INDUSTRIES LIMITED	30.29x	3.62x	17.92x	0.76%	4.95B
Average	13.69x	1.29x	7.65x	3.29%	9.98B
Weighted average by Cap.	14.24x	1.19x	6.54x	3.23%