North East Rubber Valuation

Is NER-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NER-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NER-R (THB5.1) is trading above our estimate of fair value (THB4.24)

Significantly Below Fair Value: NER-R is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NER-R?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for NER-R. This is calculated by dividing NER-R's market cap by their current preferred multiple.
What is NER-R's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	฿9.42b

NER-R key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.7x
Enterprise Value/EBITDA	7.2x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

How does NER-R's PE Ratio compare to its peers?

The above table shows the PE ratio for NER-R vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	20.9x
IRC Inoue Rubber (Thailand)	7.5x	-15.0%	฿2.7b
HFT Hwa Fong Rubber (Thailand)	7.4x	n/a	฿3.0b
GYT Goodyear (Thailand)	37x	n/a	฿1.1b
TRV T.R.V. Rubber Products	31.7x	n/a	฿537.6m
NER-R North East Rubber	5.5x	8.5%	฿9.4b

Price-To-Earnings vs Peers: NER-R is good value based on its Price-To-Earnings Ratio (5.5x) compared to the peer average (20.9x).

Price to Earnings Ratio vs Industry

How does NER-R's PE Ratio compare vs other companies in the Asian Auto Components Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	38.3%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	38.3%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: NER-R is good value based on its Price-To-Earnings Ratio (5.5x) compared to the Asian Auto Components industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is NER-R'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.

NER-R PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.5x
Fair PE Ratio	9.7x

Price-To-Earnings vs Fair Ratio: NER-R is good value based on its Price-To-Earnings Ratio (5.5x) compared to the estimated Fair Price-To-Earnings Ratio (9.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.