NER.BK

Strong BuyUnloved QualityAI neutral

North East Rubber Public Company Limited · Basic Materials · Thailand · $259M

THB 4.58 +0.0% · close 5 Oct · scored 6 Oct

Unloved Quality: Strong and cheap; the market has not turned yet.

91
StockRank
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Quality
60
Value
82
Momentum
49

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
6.0x
peers 9.4x
ROE
14.9%
peers 12.0%
D/E
1.1x
peers 0.3x
Dividend %
6.8%
trailing yield
AI CONVICTION THESIS

North East Rubber processes natural rubber in Thailand. It screens cheap, but it is a commodity processor whose earnings follow rubber prices and Chinese tyre demand. It has no pricing power or structural moat.

ABOUT NORTH EAST RUBBER PUBLIC COMPANY LIMITED

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North East Rubber Public Company Limited manufactures and sells rubber products in Thailand. It offers rubber smoked sheets, skim block rubbers, mixtures rubber, ribbed smoked, and standard Thai rubbers primarily for the automotive industry.

FINANCIAL SUMMARY (THB)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue25.2B25.0B27.4B30.2B6.3%28.4B31.3B32.4B3.5%
EPS (THB)0.960.840.891.021.9%0.760.981.062.1%
Shares1.8B1.8B1.8B1.8B0.0%1.8B———
Debt9.4B9.1B10.6B10.0B2.3%11.0B———
Equity6.6B7.5B8.5B9.7B13.8%————
Op CF1.3B367.2M-68.1M1.6B9.3%309.9M———
Inv CF-430.3M-308.8M-196.1M28.3M—————
Fin CF27.8M-1.4B423.9M-1.8B—————
Loading 1Y...
PRICE (1Y) · THB+0.0%
4.524.604.684.764.8425 Aug15 Sep5 Oct
SMA 50SMA 200

Price checkExperimental
SwingsVery calm

Calmer than 91% of stocks we rank over the past year (20% a year).

How this is worked out

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
THB 4.58
RSI (14)
43.5
52-Week Range-9.5% from high
Low THB 3.82High THB 5.06

SCORE BREAKDOWN

Quality
60
ROIC (ROA)
5.6%*53.4
ROE
14.9%81.7
GP/Assets
12.6%49.1
Op. Margin
8.1%55.3
FCF/Assets
7.6%83.5
Piotroski
666.3
Int. Cover
—91.4
D/E Ratio
1.10x9.7
Current Ratio
2.63x61.3
Value
82
P/E (TTM)
6.0x94.4
EV/EBITDA
9.3x54.9
P/FCF
5.6x91.4
P/B
0.9x80.8
P/S
0.3x91.4
Div Yield
6.8%95.3
Momentum
49
52W High %
91%88.4
RS 6M
—N/A
SMA 50/200
1.02x63.1
EPS Rev 4W
—N/A
EPS Rev 12W
—N/A
EPS Improve
+31%39.0
Q Growth
-21%17.6

FUNDAMENTALS

Market Cap
$259M
P/E (Forward)
4.6x
Gross Margin
9.1%

SECTOR PEERS

Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of NER.BK are excluded.

TickerCompanyMkt CapStockRankSignal
NER.BKNorth East Rubber Public Company Limited(you)$259M91Strong Buy
EPG.BKEastern Polymer Group Public Company Limited$514M92Strong Buy
CMAN.BKChememan Public Company Limited$78M92Strong Buy
PTL.BKPolyplex (Thailand) Public Company Limited$390M74Buy
GC.BKGlobal Connections Public Company Limited$69M94Strong Buy
TOA.BKTOA Paint (Thailand) Public Company Limited$886M99Strong Buy
TMW.BKThai Mitsuwa Public Company Limited$67M99Strong Buy
STGT.BKSri Trang Gloves (Thailand) Public Company Limited$896M78Buy
STA.BKSri Trang Agro-Industry Public Company Limited$1.0B69Buy
ALUCON.BKAlucon Public Company Limited$330M94Strong Buy

Peer medians: ROE 12.0% · P/E 9.4x · Gross margin 13.6%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

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North East Rubber Public Company Limited (NER.BK): Stock Score Summary

North East Rubber Public Company Limited (NER.BK) has a MoatMap StockRank of 91/100 based on Quality (60/100), Value (82/100), and Momentum (49/100) factor scores. The current signal is STRONG BUY. North East Rubber processes natural rubber in Thailand. It screens cheap, but it is a commodity processor whose earnings follow rubber prices and Chinese tyre demand. It has no pricing power or structural moat.

North East Rubber Public Company Limited manufactures and sells rubber products in Thailand. It offers rubber smoked sheets, skim block rubbers, mixtures rubber, ribbed smoked, and standard Thai rubbers primarily for the automotive industry.

Key Financial Metrics

PriceTHB 4.58
Market Cap$259M
P/E (TTM)6.03
P/E (Forward)4.60
Price/Book0.85
Return on Equity14.9%
Debt/Equity1.10x
Gross Margin9.1%
Operating Margin8.1%
Revenue Growth-5.8%
Dividend Yield6.8%
Free Cash Flow$47M

North East Rubber Public Company Limited operates in the Specialty Chemicals industry, part of the Basic Materials sector (Thailand).

Frequently Asked Questions

What is North East Rubber Public Company Limited’s (NER.BK) StockRank?
MoatMap’s StockRank for North East Rubber Public Company Limited (NER.BK) is 91/100, with a Strong Buy signal. It is a composite of Quality (60), Value (82), and Momentum (49) factor ranks across MoatMap’s universe of 24,000+ stocks.
Does North East Rubber Public Company Limited have an economic moat?
North East Rubber Public Company Limited (NER.BK) has a Quality factor score of 60/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is North East Rubber Public Company Limited a buy, hold, or sell?
MoatMap’s current signal for North East Rubber Public Company Limited (NER.BK) is Strong Buy, based on a StockRank of 91/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is North East Rubber Public Company Limited in?
North East Rubber Public Company Limited (NER.BK) operates in the Basic Materials sector, specifically the Specialty Chemicals industry (Thailand).