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Thai Rubber Latex Group (TRUBB) Fair Value & Analysis

Basic Materials · TH · Market cap 899M THB

TR Thai Rubber Latex Group TRUBB · BK
Price1.07 THB
Fair Value0.8517 THB
Upside-20.4%
Quality56/100
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Evidence: Medium Range 0.4404 THB – 1.26 THB

Fair value as of: Jul 18, 2026

From 11 valuation models · updated yesterday

Fair value updated Jul 18, 2026, revised from 10.10 THB to 0.8517 THB (−91.6%) since Jun 24, 2026. Share price −2.7% over the past month.

Price vs Fair Value (12 months)

1.25 THB 0.4948 THB Fair Value 0.8517 THB Jul 2025 Jul 2026

12‑month range 0.4948 THB – 1.25 THB · fair‑value band 0.4404 THB – 1.26 THB · the 1.07 THB price screens above the 0.8517 THB fair value. As of Jul 18, 2026.

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Analysis

Thai Rubber Latex Group (TRUBB) currently trades at 1.07 THB, while our model-based Fair Value estimate is 0.8517 THB, implying the stock looks roughly 20.4% overvalued today. We read business quality at 56/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Thai Rubber Latex Group generated revenue of 5.8B THB at a net margin of -3.6%. Revenue declined 23.3% year over year. It earns a return on equity of -7.3%. Net debt stands at 3.6B THB. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.4404 THB (bear case) to 1.26 THB (bull case); at 1.07 THB, the current price sits within that range. The share trades about 23% below its 52-week high and 135% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -75% fair-value upside, at -20%, TRUBB screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 5.8B THB
Revenue growth (YoY) -24.0%
Net margin -3.6%
Return on equity -7.3%
Free cash flow 779M THB FY2025
Operating margin -1.0%
More key figures
EPS (TTM) -0.2500 THB
Dividend yield 0.3%
EPS growth (YoY) -68.4%
Net debt 3.6B THB FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 18, 2026. TTM = trailing twelve months.

About the company

Thai Rubber Latex Group Public Company Limited produces and distributes concentrated latex and other latex products in Thailand, the People's Republic of China, Hong Kong, Pakistan, Malaysia, the Republic of Korea, and internationally. The company operates through Concentrated and Prevulcanised Latex; Latex Products; and Plantations segments. It offers concentrated and pre vulcanized latex products; skim rubber products, such as skim blocks and crepe rubber; modified natural rubber; and natural rubber latex for use in gloves, foam products, and latex threads applications. The company also engages in the planting of hemp. Thai Rubber Latex Group Public Company Limited was formerly known as Thai Rubber Latex Corporation (Thailand) Public Company Limited and changed its name to Thai Rubber Latex Group Public Company Limited in July 2019. The company was incorporated in 1985 and is based in Samut Prakan, Thailand.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Thai Rubber Latex Group reported revenue of 6.3B THB in FY2025 versus 9.3B THB in FY2021, a compound −9.2%/yr. Reported net income was −178M THB in FY2025.

Revenue −9.2%/yr
FY21 9.3B THB
FY22 9.2B THB
FY23 6.6B THB
FY24 7.6B THB
FY25 6.3B THB
Net income
FY21 607M THB
FY22 261M THB
FY23 −362M THB
FY24 −220M THB
FY25 −178M THB

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Cite: Fair Value Calculator (2026). "Thai Rubber Latex Group Fair Value". https://www.fairvalue-calculator.com/stock/TRUBB

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Frequently asked questions

Is Thai Rubber Latex Group (TRUBB) undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.8517 THB versus a price of 1.07 THB, about −20% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TRUBB?
Our model-based fair value for Thai Rubber Latex Group is 0.8517 THB (as of Jul 18, 2026), built from audited fundamentals. The current price is 1.07 THB.
What is the quality score of TRUBB?
Thai Rubber Latex Group has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Thai Rubber Latex Group (TRUBB)?
Thai Rubber Latex Group reported trailing-twelve-month revenue of about 5.8B THB (latest available figure, as of Jul 18, 2026).
What is the net profit margin of TRUBB?
The net profit margin of Thai Rubber Latex Group is about -3.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Thai Rubber Latex Group pay a dividend?
Thai Rubber Latex Group currently shows a dividend yield of about 0.30% relative to its recent price (as of Jul 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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