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CPN Retail Growth Leasehold REIT
SET:CPNREIT

Watchlist Manager
CPN Retail Growth Leasehold REIT
SET:CPNREIT
Watchlist
Price: 11.3 THB 1.8% Market Closed
Market Cap: ฿40.9B

Net Margin

37.6%
Current
Declining
by 1.6%
vs 3-y average of 39.3%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
37.6%
=
Net Income
฿2.3B
/
Revenue
฿6.2B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
37.6%
=
Net Income
฿2.3B
/
Revenue
฿6.2B

Peer Comparison

Country Company Market Cap Net
Margin
TH
CPN Retail Growth Leasehold REIT
SET:CPNREIT
40.9B THB
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US
Welltower Inc
NYSE:WELL
128.7B USD
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US
Prologis Inc
NYSE:PLD
121.3B USD
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US
Simon Property Group Inc
NYSE:SPG
62.5B USD
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US
Digital Realty Trust Inc
NYSE:DLR
56.6B USD
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US
Realty Income Corp
NYSE:O
56.1B USD
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AU
Goodman Group
ASX:GMG
58.7B AUD
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US
Ventas Inc
NYSE:VTR
36.2B USD
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JP
Mitsui Fudosan Co Ltd
TSE:8801
4.9T JPY
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JP
Mitsubishi Estate Co Ltd
TSE:8802
4.8T JPY
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US
VICI Properties Inc
NYSE:VICI
29.9B USD
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Market Distribution

Higher than 93% of companies in Thailand
Percentile
93rd
Based on 951 companies
93rd percentile
37.6%
Low
-11 804.9% — 0.1%
Typical Range
0.1% — 10.5%
High
10.5% — 686.5%
Distribution Statistics
Thailand
Min -11 804.9%
30th Percentile 0.1%
Median 4.5%
70th Percentile 10.5%
Max 686.5%

CPN Retail Growth Leasehold REIT
Glance View

Market Cap
40.9B THB
Industry
N/A

In the bustling world of retail-focused real estate investment, CPN Retail Growth Leasehold REIT has carved out a distinct niche by capitalizing on Thailand’s dynamic shopping landscape. The REIT, which stands for Real Estate Investment Trust, is a vehicle that allows individual investors to earn a share of the income produced through commercial real estate ownership without having to buy, manage, or finance any properties themselves. CPN Retail Growth Leasehold REIT accomplishes this by securing long-term leasehold rights to some of the most strategically located shopping malls in Thailand, particularly those developed and managed by the Central Pattana Group, a leading retail and property development company in the nation. These properties invariably attract substantial foot traffic due to their locations in populous urban centers, ensuring that the malls remain vibrant hubs of economic activity. The REIT generates revenue primarily through rental income, the backbone of its financial model. By leasing out space to a mix of tenants that range from global retail chains to local niche market players, it ensures a diversified tenancy structure that hedges against market volatility. The leases often come with built-in clauses for rental escalation, providing a hedge against inflation and enhancing income stability. Additionally, the property's high occupancy rates and the premium nature of its locations allow CPN Retail Growth Leasehold REIT to maintain a robust income stream, which it diligently distributes to its investors. This unique combination of strategic property acquisitions, efficient asset management, and diverse tenant mix keeps the REIT resilient and attractive to investors seeking stable returns in the ever-evolving retail sector.

CPNREIT Intrinsic Value
17.18 THB
Undervaluation 34%
Intrinsic Value
Price
C
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
37.6%
=
Net Income
฿2.3B
/
Revenue
฿6.2B
What is CPN Retail Growth Leasehold REIT's current Net Margin?

The current Net Margin for CPN Retail Growth Leasehold REIT is 37.6%, which is below its 3-year median of 39.3%.

How has Net Margin changed over time?

Over the last 3 years, CPN Retail Growth Leasehold REIT’s Net Margin has decreased from 69.5% to 37.6%. During this period, it reached a low of 24.4% on Jun 30, 2024 and a high of 69.5% on Sep 30, 2022.

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