Valuation Cheng Shin Rubber Ind. Co., Ltd.

Stocks

End-of-day quote Taiwan S.E. Other stock markets 2026-07-02			5-day change	1st Jan Change
31.70 ^TWD	+5.32%		+8.38%	+7.46%

05-13	Cheng Shin Rubber says Jan-Mar net profit T$1.86 bln	RE
05-13	Cheng Shin Rubber Ind. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027
Market Cap ¹	117,015	109,884	145,540	158,991	95,622	102,753	-
Change	-	-6.09%	32.45%	9.24%	-39.86%	7.46%	-
Enterprise Value (EV) ¹	129,733	123,112	148,726	161,507	111,245	100,551	94,344
Change	-	-5.1%	20.81%	8.59%	-31.12%	-9.61%	-6.17%
P/E	22.3x	22.2x	20.2x	19.9x	19.7x	19.8x	19.7x
PBR	1.45x	1.31x	1.7x	1.77x	1.09x	1.14x	1.13x
PEG	-	-4x	0.4x	1.8x	-0.5x	2.97x	31.52x
Capitalization / Revenue	1.15x	1.11x	1.51x	1.65x	1.05x	1.12x	1.12x
EV / Revenue	1.28x	1.25x	1.55x	1.68x	1.23x	1.1x	1.03x
EV / EBITDA	6.87x	6.8x	7.06x	8.15x	7.09x	6.71x	6.69x
EV / EBIT	17x	16.7x	14.4x	16.1x	15.5x	14.4x	13.5x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Dividend per Share ²	1.2	1.4	2	2.4	1.8	1.28	1.29
Rate of return	3.32%	4.13%	4.45%	4.89%	6.1%	4.04%	4.07%
EPS ²	1.62	1.53	2.22	2.47	1.5	1.6	1.61
Distribution rate	74.1%	91.5%	90.1%	97.2%	120%	80%	80.1%
Net sales ¹	101,537	98,623	96,201	96,247	90,781	91,823	91,835
EBITDA ¹	18,896	18,096	21,058	19,828	15,688	14,988	14,106
EBIT ¹	7,654	7,374	10,358	10,012	7,155	6,975	6,974
Net income	5,270	4,961	7,182	8,017	4,854	-	-
Net Debt ¹	12,718	13,228	3,187	2,516	15,623	-2,202	-8,408
Reference price ²	36.10	33.90	44.90	49.05	29.50	31.70	31.70
Nbr of stocks (in thousands)	3,241,416	3,241,416	3,241,416	3,241,416	3,241,416	3,241,416	-
Announcement Date	3/24/22	3/16/23	3/14/24	3/12/25	3/12/26	-	-

¹TWD in Million²TWD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
CHENG SHIN RUBBER IND. CO., LTD.	18.81x	1.04x	6.36x	4.25%	3.06B
PIRELLI & C. S.P.A.	14.48x	1.23x	5.36x	3.82%	8.23B
MRF LIMITED	23.22x	1.84x	11.84x	0.18%	5.77B
HANKOOK TIRE & TECHNOLOGY CO., LTD.	5.42x	0.48x	2.89x	4.71%	4.94B
BALKRISHNA INDUSTRIES LIMITED	31.47x	4x	17.52x	0.75%	4.41B
APOLLO TYRES LIMITED	17.22x	1.03x	7.08x	1.55%	2.88B
SHANDONG LINGLONG TYRE CO.,LTD.	12.01x	0.92x	6.75x	2.83%	2.24B
QINGDAO SENTURY TIRE CO., LTD.	8.74x	-	-	5.51%	2.02B
TRIANGLE TYRE CO.,LTD	10.33x	-	-	-	1.51B
CEAT LIMITED	21.4x	1.14x	8.88x	1.01%	1.55B
Average	16.31x	1.46x	8.33x	2.73%	3.66B
Weighted average by Cap.	16.91x	1.54x	8.24x	2.72%