C

CPN Retail Growth Leasehold REIT
SET:CPNREIT

Watchlist Manager
CPN Retail Growth Leasehold REIT
SET:CPNREIT
Watchlist
Price: 12.2 THB Market Closed
Market Cap: ฿44.2B

P/FCFE

10.7
Current
35%
More Expensive
vs 3-y average of 7.9

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.7
=
Market Cap
฿42.4B
/
Free Cash Flow to Equity
฿4.1B

Price to Free Cash Flow to Equity (P/FCFE) ratio compares a company`s market value to the free cash flow available to its shareholders. It`s similar to the P/OCF ratio but more precise, since it accounts for capital expenditures deducted from operating cash flow.

P/FCFE
10.7
=
Market Cap
฿42.4B
/
Free Cash Flow to Equity
฿4.1B

Valuation Scenarios

CPN Retail Growth Leasehold REIT is trading above its 3-year average

If P/FCFE returns to its 3-Year Average (7.9), the stock would be worth ฿9.06 (26% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-26%
Maximum Upside
+26%
Average Downside
1%
Scenario P/FCFE Value Implied Price Upside/Downside
Current Multiple 10.7 ฿12.2
0%
3-Year Average 7.9 ฿9.06
-26%
5-Year Average 7.9 ฿9.06
-26%
Industry Average 12.8 ฿14.65
+20%
Country Average 13.4 ฿15.39
+26%

Forward P/FCFE
Today’s price vs future free cash flow to equity

Not enough data available to calculate forward P/FCFE

Peer Comparison

All Multiples
P/FCFE
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
TH
C
CPN Retail Growth Leasehold REIT
SET:CPNREIT
Average P/E: 7 098.8
12.8
8%
1.6
US
G
GE Vernova LLC
NYSE:GEV
Not Available
19%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
4 020.7
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
10.4
1%
10.4
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 368.9
N/A N/A
US
C
CoreWeave Inc
NASDAQ:CRWV
Not Available N/A N/A
CH
G
Galderma Group AG
SIX:GALD
Not Available
47%
N/A
US
Coupang Inc
F:788
173.5
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 256.9 N/A N/A
ZA
V
Vukile Property Fund Ltd
JSE:VKE
6.9
-5%
N/A

Market Distribution

In line with most companies in Thailand
Percentile
38th
Based on 285 companies
38th percentile
10.7
Low
0.1 — 8.8
Typical Range
8.8 — 20
High
20 —
Distribution Statistics
Thailand
Min 0.1
30th Percentile 8.8
Median 13.4
70th Percentile 20
Max 1 747

CPN Retail Growth Leasehold REIT
Glance View

Market Cap
44.2B 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
17.14 THB
Undervaluation 29%
Intrinsic Value
Price ฿12.2
C
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett