HFT Stock Overview
Hwa Fong Rubber (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes tires and tubes in Thailand, rest of Asia, Europe, the United States, and internationally.
Hwa Fong Rubber (Thailand) Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||฿6.75|
|52 Week High||฿9.75|
|52 Week Low||฿6.35|
|1 Month Change||-4.93%|
|3 Month Change||-18.18%|
|1 Year Change||-21.97%|
|3 Year Change||142.81%|
|5 Year Change||21.62%|
|Change since IPO||59.76%|
Recent News & Updates
|HFT||TH Auto Components||TH Market|
Return vs Industry: HFT matched the TH Auto Components industry which returned -21.7% over the past year.
Return vs Market: HFT underperformed the TH Market which returned 1.4% over the past year.
|HFT Average Weekly Movement||5.0%|
|Auto Components Industry Average Movement||5.0%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TH Market||10.5%|
|10% least volatile stocks in TH Market||2.5%|
Stable Share Price: HFT is not significantly more volatile than the rest of TH stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: HFT's weekly volatility (5%) has been stable over the past year.
About the Company
Hwa Fong Rubber (Thailand) Public Company Limited, together with its subsidiaries, manufactures and distributes tires and tubes in Thailand, rest of Asia, Europe, the United States, and internationally. The company operates in two segments, Sale of Goods and Services, and Investment. It offers tires and tubes for bicycles, motorcycles, and small logistics vehicles.
Hwa Fong Rubber (Thailand) Fundamentals Summary
|HFT fundamental statistics|
Is HFT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HFT income statement (TTM)|
|Cost of Revenue||฿2.95b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
|Earnings per share (EPS)||0.64|
|Net Profit Margin||11.79%|
How did HFT perform over the long term?See historical performance and comparison
6.3%Current Dividend Yield
Is HFT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for HFT?
Other financial metrics that can be useful for relative valuation.
|What is HFT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does HFT's PE Ratio compare to its peers?
|HFT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
IRC Inoue Rubber (Thailand)
NER North East Rubbers
NDR N.D. Rubber
STA Sri Trang Agro-Industry
HFT Hwa Fong Rubber (Thailand)
Price-To-Earnings vs Peers: HFT is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (13.8x).
Price to Earnings Ratio vs Industry
How does HFT's PE Ratio compare vs other companies in the Asian Auto Components Industry?
Price-To-Earnings vs Industry: HFT is good value based on its Price-To-Earnings Ratio (10.5x) compared to the TH Auto Components industry average (16.2x)
Price to Earnings Ratio vs Fair Ratio
What is HFT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||10.5x|
|Fair PE Ratio||9x|
Price-To-Earnings vs Fair Ratio: HFT is expensive based on its Price-To-Earnings Ratio (10.5x) compared to the estimated Fair Price-To-Earnings Ratio (9x).
Share Price vs Fair Value
What is the Fair Price of HFT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: HFT (THB6.75) is trading above our estimate of fair value (THB4.26)
Significantly Below Fair Value: HFT is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: HFT is good value based on its PEG Ratio (0.6x)
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How is Hwa Fong Rubber (Thailand) forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HFT's forecast earnings growth (17.9% per year) is above the savings rate (2%).
Earnings vs Market: HFT's earnings (17.9% per year) are forecast to grow slower than the TH market (18.5% per year).
High Growth Earnings: HFT's earnings are forecast to grow, but not significantly.
Revenue vs Market: HFT's revenue (10.5% per year) is forecast to grow faster than the TH market (10.2% per year).
High Growth Revenue: HFT's revenue (10.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HFT's Return on Equity is forecast to be high in 3 years time
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How has Hwa Fong Rubber (Thailand) performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HFT has high quality earnings.
Growing Profit Margin: HFT's current net profit margins (11.8%) are lower than last year (15%).
Past Earnings Growth Analysis
Earnings Trend: HFT's earnings have grown by 14.2% per year over the past 5 years.
Accelerating Growth: HFT's earnings growth over the past year (0.8%) is below its 5-year average (14.2% per year).
Earnings vs Industry: HFT earnings growth over the past year (0.8%) underperformed the Auto Components industry 47%.
Return on Equity
High ROE: HFT's Return on Equity (11.7%) is considered low.
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How is Hwa Fong Rubber (Thailand)'s financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: HFT's short term assets (THB2.5B) exceed its short term liabilities (THB633.3M).
Long Term Liabilities: HFT's short term assets (THB2.5B) exceed its long term liabilities (THB72.9M).
Debt to Equity History and Analysis
Debt Level: HFT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HFT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HFT's debt is well covered by operating cash flow (118.4%).
Interest Coverage: HFT earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Hwa Fong Rubber (Thailand) current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HFT's dividend (6.3%) is higher than the bottom 25% of dividend payers in the TH market (1.74%).
High Dividend: HFT's dividend (6.3%) is in the top 25% of dividend payers in the TH market (5.34%)
Stability and Growth of Payments
Stable Dividend: HFT's dividend payments have been volatile in the past 10 years.
Growing Dividend: HFT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (65.9%), HFT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: HFT is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hwa Fong Rubber (Thailand) has no CEO, or we have no data on them.
Experienced Management: HFT's management team is seasoned and experienced (17.4 years average tenure).
Experienced Board: HFT's board of directors are considered experienced (4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hwa Fong Rubber (Thailand) Public Company Limited's employee growth, exchange listings and data sources
- Name: Hwa Fong Rubber (Thailand) Public Company Limited
- Ticker: HFT
- Exchange: SET
- Founded: 1987
- Industry: Tires and Rubber
- Sector: Automobiles
- Implied Market Cap: ฿4.444b
- Shares outstanding: 658.43m
- Website: https://www.duro.co.th
- Hwa Fong Rubber (Thailand) Public Company Limited
- 317 Moo 4, Soi 6C
- Bangpoo Industrial Estate
- Samut Prakan
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/06/29 00:00|
|End of Day Share Price||2022/06/29 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.