N

North East Rubber PCL
SET:NER

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North East Rubber PCL
SET:NER
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Price: 4.52 THB -1.31% Market Closed
Market Cap: 8.4B THB

Relative Value

The Relative Value of one NER stock under the Base Case scenario is 9.99 THB. Compared to the current market price of 4.52 THB, North East Rubber PCL is Undervalued by 55%.

Relative 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.

NER Relative Value
Base Case
9.99 THB
Undervaluation 55%
Relative Value
Price
N
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
67
Median 3Y
0.4
Median 5Y
0.4
Industry
1
Forward
0.3
vs History
92
vs Industry
69
Median 3Y
5.5
Median 5Y
5.8
Industry
18.2
Forward
4.7
vs History
11
vs Industry
12
Median 3Y
17
Median 5Y
10
Industry
10.2
vs History
61
vs Industry
12
Median 3Y
8
Median 5Y
11.9
Industry
20.1
vs History
92
vs Industry
51
Median 3Y
1.2
Median 5Y
1.4
Industry
1.5
vs History
80
vs Industry
54
Median 3Y
0.7
Median 5Y
0.7
Industry
1.1
Forward
0.6
vs History
53
vs Industry
31
Median 3Y
5.7
Median 5Y
6.1
Industry
5
vs History
66
vs Industry
42
Median 3Y
6.7
Median 5Y
7.1
Industry
9.4
Forward
6.2
vs History
61
vs Industry
55
Median 3Y
7.3
Median 5Y
7.7
Industry
14.2
Forward
6.9
vs History
11
vs Industry
5
Median 3Y
29.1
Median 5Y
17.5
Industry
12.1
vs History
vs Industry
1
Median 3Y
18.9
Median 5Y
-9.8
Industry
17.7
vs History
92
vs Industry
44
Median 3Y
1
Median 5Y
1.1
Industry
1.2

Multiples Across Competitors

NER Competitors Multiples
North East Rubber PCL Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TH
North East Rubber PCL
SET:NER
8.4B THB 0.3 4.6 6.6 7.3
JP
Bridgestone Corp
TSE:5108
4.3T JPY 1 21.6 6.3 13
FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
22.4B EUR 0.8 14.4 5.1 8.6
IT
Pirelli & C SpA
MIL:PIRC
5.9B EUR 0.6 7.8 3.9 5.6
IN
MRF Ltd
NSE:MRF
587.3B INR 2.1 31.4 13.7 23
CN
Sailun Group Co Ltd
SSE:601058
43B CNY 1.3 10.6 10.1 10.1
JP
Yokohama Rubber Co Ltd
TSE:5101
859.6B JPY 0.8 13.5 6 9.7
IN
Balkrishna Industries Ltd
NSE:BALKRISIND
463.9B INR 4.4 28 18.3 25.2
TW
Cheng Shin Rubber Ind. Co Ltd
TWSE:2105
126.4B TWD 1.3 17.4 6.5 13.3
JP
Toyo Tire Corp
TSE:5105
544.5B JPY 0.9 8.2 3.9 5.4
ID
Multistrada Arah Sarana Tbk PT
IDX:MASA
56.9T IDR 8.5 108.4 83.7 83.7