Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Hwa Fong Rubber (Thailand) Public Company Limited, along with its group companies, specializes in the production and global distribution of tires and inner tubes. Its expansive market reach covers Thailand, various Asian nations, Europe, the United States, and other international regions. The firm's operations are categorized into two core segments: the sale of merchandise and associated services, and investment endeavors. It provides tires and tubes specifically designed for bicycles, motorcycles, and compact logistics vehicles. These products are retailed under the established trademarks DUNLOP, DURO, Q-UICK, and PREMIUM HFT. Beyond its manufacturing activities, the company also engages in financial investments, particularly in bonds and securities, and conducts wholesale and retail commerce of tires, tubes, and related equipment. Established in 1987, the company's main office is situated in Samutprakarn, Thailand. It functions as a subsidiary of Hwa Fong Rubber Industries Company Limited.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, undervalued on E