NER Relative Valuation - North East Rubber PCL

Watchlist Manager

Watchlist

Price: 4.76 THB Market Closed

Market Cap: ฿8.8B

N	North East Rubber PCL SET:NER	TH
P	Peninsula Group Ltd TASE:PEN	IL

Multiples-Based Value

The Multiples-Based Value of one NER stock under the Base Case scenario is 9.17 THB. Compared to the current market price of 4.76 THB, North East Rubber PCL is Undervalued by 48%.

Multiples-Based Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Multiples-Based Value calculated?

NER Multiples-Based Value

Base Case

Undervaluation 48%

Multiples-Based Value

Price

Worst Case

Base Case

Best Case

Valuation Multiples

View Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

			Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
TH	N	North East Rubber PCL SET:NER	8.8B THB	0.3	4.7	6.8	7.4
JP		Bridgestone Corp TSE:5108	4.2T JPY	1	13	5.1	8.8
FR		Compagnie Generale des Etablissements Michelin SCA PAR:ML	20.6B EUR	0.8	13.2	4.7	8
IT		Pirelli & C SpA MIL:PIRC	5.9B EUR	0.6	7.8	3.9	5.6
CN		Sailun Group Co Ltd SSE:601058	43.3B CNY	1.2	11.7	11.3	11.3
JP		Yokohama Rubber Co Ltd TSE:5101	987.9B JPY	0.8	9.4	5.8	8.5
IN		MRF Ltd NSE:MRF	551.2B INR	1.8	24.6	11	17.5
KR	H	Hankook Tire & Technology Co Ltd KRX:161390	7T KRW	0.4	7.4	5.4	5.4
IN		Balkrishna Industries Ltd NSE:BALKRISIND	426.8B INR	4	32.2	18.4	27.3
JP		Toyo Tire Corp TSE:5105	579.3B JPY	1	9.1	4	5.4
JP		Sumitomo Rubber Industries Ltd TSE:5110	554.6B JPY	0.5	11	4.2	8.1

				Revenue Growth	P/S to Growth
TH	N	North East Rubber PCL SET:NER	Average P/S: 1.1 0.3	N/A	N/A
JP		Bridgestone Corp TSE:5108	1	4%	0.2
FR		Compagnie Generale des Etablissements Michelin SCA PAR:ML	0.8	1%	0.8
IT		Pirelli & C SpA MIL:PIRC	0.6	2%	0.3
CN		Sailun Group Co Ltd SSE:601058	1.2	16%	0.1
JP		Yokohama Rubber Co Ltd TSE:5101	0.8	4%	0.2
IN		MRF Ltd NSE:MRF	1.8	9%	0.2
KR	H	Hankook Tire & Technology Co Ltd KRX:161390	0.4	36%	0
IN		Balkrishna Industries Ltd NSE:BALKRISIND	4	12%	0.3
JP		Toyo Tire Corp TSE:5105	1	6%	0.2
JP		Sumitomo Rubber Industries Ltd TSE:5110	0.5	4%	0.1

				Earnings Growth	PEG
TH	N	North East Rubber PCL SET:NER	Average P/E: 13.1 4.7	N/A	N/A
JP		Bridgestone Corp TSE:5108	13	15%	0.9
FR		Compagnie Generale des Etablissements Michelin SCA PAR:ML	13.2	8%	1.7
IT		Pirelli & C SpA MIL:PIRC	7.8	8%	1
CN		Sailun Group Co Ltd SSE:601058	11.7	13%	0.9
JP		Yokohama Rubber Co Ltd TSE:5101	9.4	10%	0.9
IN		MRF Ltd NSE:MRF	24.6	19%	1.3
KR	H	Hankook Tire & Technology Co Ltd KRX:161390	7.4	13%	0.6
IN		Balkrishna Industries Ltd NSE:BALKRISIND	32.2	8%	4
JP		Toyo Tire Corp TSE:5105	9.1	13%	0.7
JP		Sumitomo Rubber Industries Ltd TSE:5110	11	18%	0.6

				EBITDA Growth	EV/EBITDA to Growth
TH	N	North East Rubber PCL SET:NER	Average EV/EBITDA: 7.3 6.8	N/A	N/A
JP		Bridgestone Corp TSE:5108	5.1	7%	0.7
FR		Compagnie Generale des Etablissements Michelin SCA PAR:ML	4.7	2%	2.4
IT		Pirelli & C SpA MIL:PIRC	3.9	4%	1
CN		Sailun Group Co Ltd SSE:601058	11.3	24%	0.5
JP		Yokohama Rubber Co Ltd TSE:5101	5.8	8%	0.7
IN		MRF Ltd NSE:MRF	11	12%	0.9
KR	H	Hankook Tire & Technology Co Ltd KRX:161390	5.4	17%	0.3
IN		Balkrishna Industries Ltd NSE:BALKRISIND	18.4	12%	1.5
JP		Toyo Tire Corp TSE:5105	4	7%	0.6
JP		Sumitomo Rubber Industries Ltd TSE:5110	4.2	10%	0.4

				EBIT Growth	EV/EBIT to Growth
TH	N	North East Rubber PCL SET:NER	Average EV/EBIT: 10.3 7.4	N/A	N/A
JP		Bridgestone Corp TSE:5108	8.8	N/A	N/A
FR		Compagnie Generale des Etablissements Michelin SCA PAR:ML	8	2%	4
IT		Pirelli & C SpA MIL:PIRC	5.6	8%	0.7
CN		Sailun Group Co Ltd SSE:601058	11.3	9%	1.3
JP		Yokohama Rubber Co Ltd TSE:5101	8.5	N/A	N/A
IN		MRF Ltd NSE:MRF	17.5	17%	1
KR	H	Hankook Tire & Technology Co Ltd KRX:161390	5.4	11%	0.5
IN		Balkrishna Industries Ltd NSE:BALKRISIND	27.3	12%	2.3
JP		Toyo Tire Corp TSE:5105	5.4	N/A	N/A
JP		Sumitomo Rubber Industries Ltd TSE:5110	8.1	N/A	N/A

North East Rubber PCL
SET:NER

Multiples-Based Value

Valuation Multiples

Multiples Across Competitors

NER Competitors Multiples
North East Rubber PCL Competitors

See Also

Company

Help

Tools

Stocks

North East Rubber PCL SET:NER

Multiples-Based Value

Valuation Multiples

Multiples Across Competitors

NER Competitors Multiples North East Rubber PCL Competitors

See Also

Company

Help

Tools

Stocks

North East Rubber PCL
SET:NER

NER Competitors Multiples
North East Rubber PCL Competitors