North East Rubber PCL (BKK:NER-R) Intrinsic Value: Projected FCF: ฿4.59 (As of Jul. 17, 2026) — 71% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:NER-R North East Rubber PCL BKK:NER-R
85 GF Score
Price ฿4.76
GF Value ฿5.87
! 6 Warning Signs
View Full Analysis

What is North East Rubber PCL Intrinsic Value: Projected FCF?

North East Rubber PCL BKK:NER-R 85 Intrinsic Value: Projected FCF is ฿4.59 as of Jul. 17, 2026, which is 100% below its 10-year median of 15.88. GuruFocus rates BKK:NER-R with a GF Score™ of 85/100 and a GF Value™ of ฿5.87. The stock has 6 warning signs investors should review. Among 1,146 Chemicals companies, North East Rubber PCL ranks better than 59.16% on this metric.

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.

As of today (2026-07-17), North East Rubber PCL's Intrinsic Value: Projected FCF is ฿4.59. The stock price of North East Rubber PCL is ฿4.76. Therefore, North East Rubber PCL's Price-to-Intrinsic-Value-Projected-FCF of today is 1.0.

The historical rank and industry rank for North East Rubber PCL's Intrinsic Value: Projected FCF or its related term are showing as below:

BKK:NER-R' s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.04   Med: 15.88   Max: 38.5
Current: 1.04

During the past 12 years, the highest Price-to-Intrinsic-Value-Projected-FCF of North East Rubber PCL was 38.50. The lowest was 1.04. And the median was 15.88.

BKK:NER-R's Price-to-Projected-FCF is ranked better than
59.16% of 1146 companies
in the Chemicals industry
Industry Median: 1.3 vs BKK:NER-R: 1.04

North East Rubber PCL  (BKK:NER-R) Intrinsic Value: Projected FCF Explanation

The growth multiple is capped between 8.35 and 17.74.

Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.

North East Rubber PCL's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as

Price-to-Intrinsic-Value-Projected-FCF=Share Price/Intrinsic Value: Projected FCF
=4.76/4.2979821738486
=1.11

* 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.


North East Rubber PCL Intrinsic Value: Projected FCF Related Terms


North East Rubber PCL Intrinsic Value: Projected FCF Historical Data

* Premium members only.

The historical data trend for North East Rubber PCL's Intrinsic Value: Projected FCF 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.

North East Rubber PCL Intrinsic Value: Projected FCF Chart

North East Rubber PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intrinsic Value: Projected FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.40 -0.02 0.12 3.93

North East Rubber PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Intrinsic Value: Projected FCF 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 0.12 2.53 2.93 3.56 3.93

BKK:NER-R vs LIN, SHW, ECL: Intrinsic Value: Projected FCF Comparison

For the Specialty Chemicals subindustry, North East Rubber PCL's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF 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.


North East Rubber PCL Price-to-Projected-FCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, North East Rubber PCL's Price-to-Projected-FCF distribution charts can be found below:

* The bar in red indicates where North East Rubber PCL's Price-to-Projected-FCF falls into.


BKK:NER-R
85GF Score
North East Rubber PCL BKK:NER-R
Intrinsic Value: Projected FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North East Rubber PCL Intrinsic Value: Projected FCF Calculation

Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.

The details of how we calculate the intrinsic value of stocks are described in detail here.

This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + 0.8 * Total Stockholders Equity (most recent) ) / Shares Outstanding (Diluted Average)

In the case of negative Total Stockholders Equity, the following formula is used (see Explanation section below for the reason):

Intrinsic Value: Projected FCF = ( Growth Multiple * Free Cash Flow (6 year avg) + Total Stockholders Equity (most recent) / 0.8 ) / Shares Outstanding (Diluted Average)


Add all the Free Cash Flow together and divide 6 will get North East Rubber PCL's Free Cash Flow(6 year avg) = ฿12.85.

North East Rubber PCL's Intrinsic Value: Projected FCF for today is calculated as

Intrinsic Value: Projected FCF=(Growth Multiple*Free Cash Flow (6 year avg)+Total Stockholders Equity (Dec25)*0.8)/Shares Outstanding (Diluted Average)
=(13.689378362526*12.85216+9707.288*0.8)/1847.790
=4.30

* 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.

What does a Intrinsic Value: Projected FCF of ฿4.59 mean?
North East Rubber PCL (BKK:NER-R) has a Intrinsic Value: Projected FCF of ฿4.59 as of Jul. 17, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on North East Rubber PCL and its competitors. This is 71% below median its historical median of 15.88. Over the past decade, North East Rubber PCL's Intrinsic Value: Projected FCF has ranged from 1.04 to 38.50. According to the industry distribution chart, North East Rubber PCL ranks #468 out of 1146 companies in the Chemicals industry, placing it in the top 40.8%.
Is North East Rubber PCL's Intrinsic Value: Projected FCF too high?
North East Rubber PCL's current Intrinsic Value: Projected FCF of ฿4.59 is 71% below median its 10-year median of 15.88. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 38.50. Based on the distribution chart, North East Rubber PCL ranks #468 out of 1146 companies in the Chemicals industry, which is above the industry midpoint. Overall, North East Rubber PCL has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does North East Rubber PCL's Intrinsic Value: Projected FCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, North East Rubber PCL ranks #468 out of 1146 companies for Intrinsic Value: Projected FCF. This puts North East Rubber PCL in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 1.30. Historically, North East Rubber PCL's own Intrinsic Value: Projected FCF has ranged from 1.04 to 38.50 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Chemicals company?
The median Intrinsic Value: Projected FCF among Chemicals companies is 1.30, based on 1,146 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on North East Rubber PCL and its competitors. For the Chemicals industry, the median Intrinsic Value: Projected FCF is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North East Rubber PCL's current Intrinsic Value: Projected FCF is ฿4.59, which is 71% below median its own 10-year median of 15.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North East Rubber PCL stock overvalued right now?
North East Rubber PCL (BKK:NER-R) has a current Intrinsic Value: Projected FCF of ฿4.59. The stock's GF Value™ is ฿5.87, compared to a current price of ฿4.76 — trading 18.9% below its estimated fair value. The current Intrinsic Value: Projected FCF is ฿4.59, which is 71% below median its 10-year median of 15.88. North East Rubber PCL's overall GF Score™ is 85/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For North East Rubber PCL (BKK:NER-R), the current Intrinsic Value: Projected FCF is ฿4.59 as of Jul. 17, 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 North East Rubber PCL (BKK:NER-R) Overvalued in 2026?

Based on GuruFocus' analysis, North East Rubber PCL stock appears to be undervalued. The current stock price of ฿4.76 is trading 18.9% below its estimated GF Value™ of ฿5.87.

Key valuation signals for BKK:NER-R:

  • Intrinsic Value: Projected FCF: ฿4.59 (71% below median its 10-year median of 15.88)
  • GF Value™: ฿5.87 vs. price of ฿4.76 (18.9% below fair value)
  • GF Score™: 85/100 with 6 warning signs

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


North East Rubber PCL Business Description

Other Exchanges NER:Thailand
Address 398 Moo 4 Khok Ma, Prakhon Chai, Buriram Province, Bangkok, THA, 31140
North East Rubber PCL Company and its subsidiary have a single core operating segment (identified by internal reporting segments), i.e., manufacturing and sales of rubber smoked sheets, skim block rubbers, and other rubber products, both domestically and abroad. Geographically, the maximum revenue is generated from Thailand.
85GF Score

Get the complete analysis for BKK:NER-R

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

฿4.76
Price
฿5.87
GF Value