North East Rubber PCL
SET:NER
EV/EBITDA
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBITDA returns to its 3-Year Average (6.8), the stock would be worth ฿4.74 (1% upside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 6.7 | ฿4.7 |
0%
|
| 3-Year Average | 6.8 | ฿4.74 |
+1%
|
| 5-Year Average | 6.9 | ฿4.81 |
+2%
|
| Industry Average | 6 | ฿4.2 |
-11%
|
| Country Average | 8.6 | ฿6.03 |
+28%
|
Forward EV/EBITDA
Today’s price vs future ebitda
| Today's Enterprise Value | EBITDA | Forward EV/EBITDA | ||
|---|---|---|---|---|
|
฿17.9B
|
/ |
Jan 2026
฿2.6B
|
= |
|
|
฿17.9B
|
/ |
Dec 2026
฿3.1B
|
= |
|
|
฿17.9B
|
/ |
Dec 2027
฿2.9B
|
= |
|
Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.
Peer Comparison
| Market Cap | EV/EBITDA | P/E | ||||
|---|---|---|---|---|---|---|
| TH |
N
|
North East Rubber PCL
SET:NER
|
8.7B THB | 6.7 | 4.6 | |
| JP |
|
Bridgestone Corp
TSE:5108
|
4.4T JPY | 5.2 | 13.4 | |
| FR |
|
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
|
21.9B EUR | 5 | 14 | |
| CN |
|
Sailun Group Co Ltd
SSE:601058
|
47.9B CNY | 12.4 | 13.1 | |
| IT |
|
Pirelli & C SpA
MIL:PIRC
|
5.9B EUR | 3.9 | 7.9 | |
| JP |
|
Yokohama Rubber Co Ltd
TSE:5101
|
1T JPY | 6 | 9.9 | |
| IN |
|
MRF Ltd
NSE:MRF
|
579.7B INR | 11.6 | 25.8 | |
| KR |
H
|
Hankook Tire & Technology Co Ltd
KRX:161390
|
7.2T KRW | 5.5 | 7.6 | |
| IN |
|
Balkrishna Industries Ltd
NSE:BALKRISIND
|
424.5B INR | 18.3 | 32 | |
| CN |
|
Anhui Zhongding Sealing Parts Co Ltd
SZSE:000887
|
26.3B CNY | 14.8 | 17.5 | |
| JP |
|
Toyo Tire Corp
TSE:5105
|
603.2B JPY | 4.2 | 9.5 |
Market Distribution
| Min | 0.2 |
| 30th Percentile | 6.6 |
| Median | 8.6 |
| 70th Percentile | 11.4 |
| Max | 3 584.8 |
Other Multiples
North East Rubber PCL
Glance View
North East Rubber PCL engages in manufacturing and distribution of rubber products. The company is headquartered in Buri Ram, Buri Ram. The company went IPO on 2018-11-07. The firm provides rubber sheets, briquettes, block rubber and rubber compounds. The firm sells its products to both international and local automotive manufacturers and agents. The RSS/briquette smoked sheet is a natural rubber product that is processed by heating into sheets.
