North East Rubber (SET:NER-R) - Stock Price, News & Analysis

NER-R Stock Overview

Engages in the manufacture and sale of rubber products in Thailand. More details

NER-R fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (5.2x) is below the TH market (14.8x)

Earnings are forecast to grow 7.77% per year

Earnings grew by 20.9% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 6.85% is not well covered by free cash flows

North East Rubber Public Company Limited Competitors

Inoue Rubber (Thailand)

SET:IRC

฿2.7b

Sri Trang Agro-Industry

SET:STA

฿27.6b

Hwa Fong Rubber (Thailand)

SET:HFT

฿2.8b

N.D. Rubber

SET:NDR

฿1.2b

Price History & Performance

Summary of all time highs, changes and price drops for North East Rubber
Historical stock prices
Current Share Price	฿4.96
52 Week High	฿6.45
52 Week Low	฿4.48
Beta	0.70
11 Month Change	0%
3 Month Change	4.20%
1 Year Change	5.53%
33 Year Change	-34.30%
5 Year Change	95.28%
Change since IPO	140.78%

Recent updates

Shareholder Returns

	NER-R	TH Auto Components	TH Market
7D	1.6%	-0.08%	-0.7%
1Y	5.5%	-2.5%	2.1%

Return vs Industry: NER-R exceeded the TH Auto Components industry which returned -2.4% over the past year.

Return vs Market: NER-R exceeded the TH Market which returned 3.1% over the past year.

Price Volatility

Is NER-R's price volatile compared to industry and market?
NER-R volatility
NER-R Average Weekly Movement	4.1%
Auto Components Industry Average Movement	3.5%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	10.0%
10% least volatile stocks in TH Market	2.4%

Stable Share Price: NER-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: NER-R's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Chuwit Jungtanasomboon	www.nerubber.com

North East Rubber Public Company Limited engages in the manufacture and sale of rubber products in Thailand. It offers rubber smoked sheets, skim block rubbers, mixtures rubber, livestock rubber mat, and standard Thai rubbers primarily for the automobile industry. The company also exports its products to China, Japan, Singapore, Bangladesh, and India.

North East Rubber Public Company Limited Fundamentals Summary

How do North East Rubber's earnings and revenue compare to its market cap?
NER-R fundamental statistics
Market cap	฿9.17b
Earnings (TTM)	฿1.75b
Revenue (TTM)	฿25.15b

5.2x

P/E Ratio

0.4x

P/S Ratio

Is NER-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NER-R income statement (TTM)
Revenue	฿25.15b
Cost of Revenue	฿22.38b
Gross Profit	฿2.77b
Other Expenses	฿1.01b
Earnings	฿1.75b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.95
Gross Margin	11.01%
Net Profit Margin	6.98%
Debt/Equity Ratio	111.5%

How did NER-R perform over the long term?

See historical performance and comparison

Dividends

6.9%

Current Dividend Yield

36%

Payout Ratio