NER-R Stock Overview

Manufactures and sells rubber products in Thailand. More details

NER-R fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Trading at 4.8% below our estimate of its fair value

Earnings are forecast to grow 18.03% per year

Earnings have grown 16.8% per year over the past 5 years

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 7.44% is not well covered by free cash flows

Community vs My Fair Value

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North East Rubber Public Company Limited Competitors

Sri Trang Agro-Industry

SET:STA

฿22.4b

Hwa Fong Rubber (Thailand)

SET:HFT

฿2.6b

Inoue Rubber (Thailand)

SET:IRC

฿2.3b

Goodyear (Thailand)

SET:GYT

฿1.3b

Price History & Performance

Summary of share price highs, lows and changes for North East Rubber
Historical stock prices
Current Share Price	฿4.84
52 Week High	฿6.45
52 Week Low	฿4.48
Beta	0.64
1 Month Change	2.98%
3 Month Change	1.68%
1 Year Change	-21.94%
3 Year Change	-32.31%
5 Year Change	188.10%
Change since IPO	134.95%

Recent updates

Shareholder Returns

	NER-R	TH Auto Components	TH Market
7D	0%	-3.2%	-3.9%
1Y	-21.9%	-21.9%	-17.5%

Return vs Industry: NER-R matched the TH Auto Components industry which returned -21.9% over the past year.

Return vs Market: NER-R underperformed the TH Market which returned -17.5% 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	3.8%
Auto Components Industry Average Movement	4.5%
Market Average Movement	5.2%
10% most volatile stocks in TH Market	10.1%
10% least volatile stocks in TH Market	2.3%

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 manufactures and sells rubber products in Thailand. The company offers rubber smoked sheets, skim block rubbers, mixtures rubber, ribbed smoked, and standard Thai rubbers primarily for the automobile industry. It also exports its products to China, Japan, Singapore, Hong Kong, 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	฿8.94b
Earnings (TTM)	฿1.65b
Revenue (TTM)	฿27.47b

5.4x

P/E Ratio

0.3x

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	฿27.47b
Cost of Revenue	฿24.67b
Gross Profit	฿2.80b
Other Expenses	฿1.15b
Earnings	฿1.65b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.89
Gross Margin	10.19%
Net Profit Margin	6.02%
Debt/Equity Ratio	124.9%

How did NER-R perform over the long term?

See historical performance and comparison

Dividends

7.4%

Current Dividend Yield

40%

Payout Ratio

Does NER-R pay a reliable dividends?

See NER-R dividend history and benchmarks

When do you need to buy NER-R by to receive an upcoming dividend?
North East Rubber dividend dates
Ex Dividend Date	Apr 24 2025
Dividend Pay Date	May 09 2025
Days until Ex dividend	41 days
Days until Dividend pay date	56 days

Does NER-R pay a reliable dividends?

See NER-R dividend history and benchmarks

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/03/13 18:11
End of Day Share Price	2025/03/13 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

North East Rubber Public Company Limited is covered by 6 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kalvalee Thongsomaung	Bualuang Securities PCL
Siriluck Pinthusoonthorn	Globlex Securities Co. Ltd.
Ploenjai Jirajarus	Krungsri Securities Public Company Limited