Hwa Fong Rubber (Thailand) PCL (BKK:HFT) E10: ฿0.56 (As of Mar. 2026)

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BKK:HFT Hwa Fong Rubber (Thailand) PCL BKK:HFT
66 GF Score
Price ฿4.02
GF Value ฿3.82
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Hwa Fong Rubber (Thailand) PCL E10?

Hwa Fong Rubber (Thailand) PCL BKK:HFT -0.50% 66 E10 is ฿0.56 as of Mar. 2026. GuruFocus rates BKK:HFT with a GF Score™ of 66/100 and a GF Value™ of ฿3.82 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Hwa Fong Rubber (Thailand) PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was ฿0.105. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ฿0.56 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Hwa Fong Rubber (Thailand) PCL's average E10 Growth Rate was -8.20% per year. During the past 3 years, the average E10 Growth Rate was -1.70% per year. During the past 5 years, the average E10 Growth Rate was 4.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Hwa Fong Rubber (Thailand) PCL was 13.50% per year. The lowest was -1.70% per year. And the median was 8.70% per year.

As of today (2026-07-26), Hwa Fong Rubber (Thailand) PCL's current stock price is ฿4.02. Hwa Fong Rubber (Thailand) PCL's E10 for the quarter that ended in Mar. 2026 was ฿0.56. Hwa Fong Rubber (Thailand) PCL's Shiller PE Ratio of today is 7.18.

During the past 13 years, the highest Shiller PE Ratio of Hwa Fong Rubber (Thailand) PCL was 18.04. The lowest was 5.12. And the median was 7.46.


Hwa Fong Rubber (Thailand) PCL  (BKK:HFT) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Hwa Fong Rubber (Thailand) PCL's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=4.02/0.56
=7.18

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Shiller P/E Ratio of Hwa Fong Rubber (Thailand) PCL was 18.04. The lowest was 5.12. And the median was 7.46.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Hwa Fong Rubber (Thailand) PCL E10 Related Terms


Hwa Fong Rubber (Thailand) PCL E10 Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber (Thailand) PCL's E10 can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hwa Fong Rubber (Thailand) PCL E10 Chart

Hwa Fong Rubber (Thailand) PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.60 0.59 0.61 0.57

Hwa Fong Rubber (Thailand) PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.60 0.58 0.57 0.56

BKK:HFT vs ORLY, AZO: E10 Comparison

For the Auto Parts subindustry, Hwa Fong Rubber (Thailand) PCL's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hwa Fong Rubber (Thailand) PCL Shiller PE Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hwa Fong Rubber (Thailand) PCL's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Hwa Fong Rubber (Thailand) PCL's Shiller PE Ratio falls into.


BKK:HFT
66GF Score
Hwa Fong Rubber (Thailand) PCL BKK:HFT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwa Fong Rubber (Thailand) PCL E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Hwa Fong Rubber (Thailand) PCL's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.105/330.2130*330.2130
=0.105

Current CPI (Mar. 2026) = 330.2130.

Hwa Fong Rubber (Thailand) PCL Quarterly Data

per share eps CPI Adj_EPS
201606 -0.010 241.018 -0.014
201609 0.170 241.428 0.233
201612 0.150 241.432 0.205
201703 0.160 243.801 0.217
201706 0.100 244.955 0.135
201709 0.090 246.819 0.120
201712 0.040 246.524 0.054
201803 0.070 249.554 0.093
201806 0.090 251.989 0.118
201809 0.080 252.439 0.105
201812 0.099 251.233 0.130
201903 0.070 254.202 0.091
201906 0.080 256.143 0.103
201909 0.140 256.759 0.180
201912 0.140 256.974 0.180
202003 0.190 258.115 0.243
202006 0.010 257.797 0.013
202009 0.210 260.280 0.266
202012 0.215 260.474 0.273
202103 0.210 264.877 0.262
202106 0.190 271.696 0.231
202109 0.140 274.310 0.169
202112 0.166 278.802 0.197
202203 0.150 287.504 0.172
202206 0.180 296.311 0.201
202209 0.250 296.808 0.278
202212 -0.030 296.797 -0.033
202303 0.040 301.836 0.044
202306 0.110 305.109 0.119
202309 0.150 307.789 0.161
202312 0.075 306.746 0.081
202403 0.230 312.332 0.243
202406 0.170 314.175 0.179
202409 -0.060 315.301 -0.063
202412 0.230 315.605 0.241
202503 0.118 319.799 0.122
202506 0.040 322.561 0.041
202509 0.020 324.800 0.020
202512 0.120 324.054 0.122
202603 0.105 330.213 0.105

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ฿0.56 mean?
Hwa Fong Rubber (Thailand) PCL (BKK:HFT) has a E10 of ฿0.56 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hwa Fong Rubber (Thailand) PCL and its competitors.
Is Hwa Fong Rubber (Thailand) PCL's E10 too high?
Hwa Fong Rubber (Thailand) PCL's current E10 is ฿0.56. Overall, Hwa Fong Rubber (Thailand) PCL has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber (Thailand) PCL's E10 compare to ORLY and AZO?
Hwa Fong Rubber (Thailand) PCL's E10 of ฿0.56 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Vehicles & Parts company?
A good E10 depends on the Vehicles & Parts industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Hwa Fong Rubber (Thailand) PCL and its competitors. Hwa Fong Rubber (Thailand) PCL's current E10 is ฿0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL (BKK:HFT) is currently considered Fairly Valued. The stock's GF Value™ is ฿3.82, compared to a current price of ฿4.02 — trading 5.2% above its estimated fair value. The current E10 is ฿0.56. Hwa Fong Rubber (Thailand) PCL's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Hwa Fong Rubber (Thailand) PCL (BKK:HFT), the current E10 is ฿0.56 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hwa Fong Rubber (Thailand) PCL (BKK:HFT) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber (Thailand) PCL stock appears to be overvalued. The current stock price of ฿4.02 is trading 5.2% above its estimated GF Value™ of ฿3.82. GuruFocus considers Hwa Fong Rubber (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:HFT:

  • E10: ฿0.56
  • GF Value™: ฿3.82 vs. price of ฿4.02 (5.2% above fair value)
  • GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BKK:HFT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Fong Rubber (Thailand) PCL Business Description

Address No. 317 Moo 4, Soi 6C, Bangpoo Industrial Estate, Phraeksa Subdistrict, Mueang Samut Prakan District, Samut Prakarn, THA, 10280
Hwa Fong Rubber (Thailand) PCL is a Thailand-based company engaged in the manufacturing and distribution of tires and tubes for bicycles, motorcycles, and small logistics vehicles such as trolley forklifts, golf carts, and hiking carts. The company operates in two reportable segments: Sale of goods and services, which derives maximum revenue, and Investment. Geographically, the company's business is spread across Asia, Europe, America, and Other regions.
66GF Score

Get the complete analysis for BKK:HFT

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

฿4.02
Price
฿3.82
GF Value