Valuation North East Rubbers OTC Markets

Stocks

End-of-day quote OTC Markets			5-day change	1st Jan Change
- ^USD	-.--%		-.--%	-

08-06	Krungsri Securities Upgrades North East Rubber to Buy from Neutral; Price Target is THB5.30	MT
08-05	North East Rubber Public Company Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI

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	8,389	-	-
Change	-	-4.8%	-21.89%	-6.85%	-3.03%	1.34%	-	-
Enterprise Value (EV) ¹	19,377	18,389	18,185	18,929	18,222	18,315	19,010	19,552
Change	-	-5.1%	-1.1%	4.09%	-3.73%	0.51%	3.79%	2.85%
P/E	6.43x	6.68x	5.93x	5.17x	4.39x	5.04x	4.56x	4.52x
PBR	2.26x	1.78x	1.23x	1.01x	0.85x	0.81x	0.69x	0.63x
PEG	-	-0.5x	-0.5x	0.74x	0.3x	-0.4x	0.4x	4.5x
Capitalization / Revenue	0.5x	0.47x	0.37x	0.31x	0.27x	0.27x	0.26x	0.24x
EV / Revenue	0.79x	0.73x	0.73x	0.69x	0.6x	0.59x	0.59x	0.57x
EV / EBITDA	7.49x	7.75x	7.93x	7.85x	7.41x	7.39x	7.03x	6.86x
EV / EBIT	8.05x	8.03x	8.68x	8.69x	8.2x	8.25x	7.69x	7.53x
EV / FCF	-10.3x	22.2x	311x	-71.6x	11.9x	20.8x	59.2x	-25.3x
FCF Yield	-9.73%	4.5%	0.32%	-1.4%	8.4%	4.8%	1.69%	-3.95%
Dividend per Share ²	0.43	0.38	0.34	0.36	0.31	0.335	0.395	0.4
Rate of return	6.14%	5.98%	6.85%	7.79%	6.92%	7.38%	8.7%	8.81%
EPS ²	1.088	0.95	0.836	0.8943	1.02	0.9	0.995	1.005
Distribution rate	39.5%	40%	40.7%	40.3%	30.4%	37.2%	39.7%	39.8%
Net sales ¹	24,426	25,172	25,045	27,448	30,240	31,277	32,367	34,248
EBITDA ¹	2,586	2,373	2,293	2,411	2,458	2,480	2,706	2,849
EBIT ¹	2,408	2,290	2,095	2,179	2,223	2,219	2,471	2,598
Net income ¹	1,850	1,748	1,546	1,652	1,885	1,651	1,834	1,855
Net Debt ¹	7,052	6,655	9,020	10,392	9,944	9,926	10,621	11,163
Reference price ²	7.000	6.350	4.960	4.620	4.480	4.540	4.540	4.540
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	2/21/22 A	2/17/23 A	2/27/24 A	2/19/25 A	2/19/26 A	-	-	-

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.($)
BRIDGESTONE CORPORATION	13.23x	1.01x	5.38x	3.52%	30.36B
MICHELIN (CGDE)	13.57x	0.98x	5.53x	4.06%	25.25B
PIRELLI & C. S.P.A.	14.35x	1.23x	5.34x	4.01%	8.05B
THE YOKOHAMA RUBBER COMPANY, LIMITED	8.44x	1.14x	5.42x	3.33%	7.16B
SAILUN GROUP CO., LTD.	9.81x	1x	5.72x	3.02%	6.22B
ZHONGCE RUBBER GROUP CO., LTD.	8.69x	-	-	3.5%	5.73B
MRF LIMITED	23.77x	1.56x	11.8x	0.19%	5.45B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.47x	0.48x	2.99x	5.34%	5.27B
VIETNAM RUBBER INDUSTRY GROUP -	18.35x	-	-	3.05%	5.04B
Average	12.85x	1.06x	6.02x	3.34%	10.95B
Weighted average by Cap.	13.01x	1.03x	5.70x	3.54%