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CP Axtra PCL
SET:CPAXT

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CP Axtra PCL
SET:CPAXT
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Price: 15 THB -1.32% Market Closed
Market Cap: ฿156.4B

EV/EBITDA

7.9
Current
36%
Cheaper
vs 3-y average of 12.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.9
=
Enterprise Value
฿273B
/
EBITDA
฿33.1B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
7.9
=
Enterprise Value
฿273B
/
EBITDA
฿33.1B

Valuation Scenarios

CP Axtra PCL is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (12.4), the stock would be worth ฿23.48 (57% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+79%
Average Upside
38%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 7.9 ฿15
0%
3-Year Average 12.4 ฿23.48
+57%
5-Year Average 14.2 ฿26.82
+79%
Industry Average 8.6 ฿16.15
+8%
Country Average 8.6 ฿16.27
+8%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
฿273B
/
Jul 2024
฿33.1B
=
7.9
Current
฿273B
/
Dec 2024
฿36.8B
=
7.4
Forward
฿273B
/
Dec 2025
฿39.8B
=
6.9
Forward
฿273B
/
Dec 2026
฿42.1B
=
6.5
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TH
CP Axtra PCL
SET:CPAXT
158.7B THB 7.9 16.5
ZA
Bid Corporation Ltd
JSE:BID
139.7B ZAR 8.9 15.9
US
Sysco Corp
NYSE:SYY
36.5B USD 10.4 19.9
US
US Foods Holding Corp
NYSE:USFD
20.6B USD 14.8 29.9
US
Performance Food Group Co
NYSE:PFGC
14.3B USD 12.7 40.9
ZA
SPAR Group Ltd
JSE:SPP
12.4B ZAR 5.6 -2.6
SG
Olam International Ltd
F:O5I
4.3B EUR 4.1 9.7
US
United Natural Foods Inc
NYSE:UNFI
3B USD 8.5 -36.6
SG
Olam Group Ltd
SGX:VC2
3.7B SGD 1.8 8.9
US
Chefs' Warehouse Inc
NASDAQ:CHEF
2.7B USD 14.1 36.8
US
Andersons Inc
NASDAQ:ANDE
2.5B USD 12.4 26.4
P/E Multiple
Earnings Growth PEG
TH
CP Axtra PCL
SET:CPAXT
Average P/E: 22.8
16.5
19%
0.9
ZA
B
Bid Corporation Ltd
JSE:BID
15.9
10%
1.6
US
Sysco Corp
NYSE:SYY
19.9
12%
1.7
US
US Foods Holding Corp
NYSE:USFD
29.9
29%
1
US
Performance Food Group Co
NYSE:PFGC
40.9
48%
0.9
ZA
S
SPAR Group Ltd
JSE:SPP
Negative Multiple: -2.6 N/A N/A
SG
O
Olam International Ltd
F:O5I
9.7
-59%
N/A
US
United Natural Foods Inc
NYSE:UNFI
Negative Multiple: -36.6 N/A N/A
SG
Olam Group Ltd
SGX:VC2
8.9
N/A N/A
US
Chefs' Warehouse Inc
NASDAQ:CHEF
36.8
19%
1.9
US
Andersons Inc
NASDAQ:ANDE
26.4
N/A N/A

Market Distribution

In line with most companies in Thailand
Percentile
45th
Based on 406 companies
45th percentile
7.9
Low
0.2 — 6.6
Typical Range
6.6 — 11.4
High
11.4 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 6.6
Median 8.6
70th Percentile 11.4
Max 3 584.8

CP Axtra PCL
Glance View

Market Cap
156.4B THB
Industry
Retail

CP Axtra PCL stands as a dynamic player in the retail world, skillfully weaving together the intricate threads of Thailand’s commerce landscape. Originally known as Siam Makro PCL, the rebranded CP Axtra operates as a pivotal part of Charoen Pokphand Group's expansive business empire. The company primarily runs under its flagship Makro stores, which are wholesale cash-and-carry centers serving both business customers and individuals. Its expansive network of stores echoes with a bustling vibrancy, catering to the varied needs of small retailers, restaurants, and institutional buyers looking for quality merchandise at competitive prices. CP Axtra's appeal lies in its ability to efficiently handle operations at scale, engaging robust supply chain management to keep its vast array of products moving smoothly from suppliers to customers, ensuring freshness and cost-effectiveness. CP Axtra's revenue generation often resembles the complex choreography of a well-oiled machine, harmonizing consumer demand with supplier capabilities. Its business model thrives on high-volume turnover at lower margins, capitalizing on bulk sales to generate substantial profits. Adding to this robustness, the company also benefits from ancillary services, like logistics and real estate, embedded in its operations. By leveraging data-driven insights, CP Axtra ensures its shelves are stocked with items that meet the immediate needs and preferences of its clientele. This blend of retail acumen and operational precision not only sustains CP Axtra's competitive edge but also solidifies its role as a cornerstone of commerce in the region.

CPAXT Intrinsic Value
Not Available
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