CPN Retail Growth Leasehold REIT
SET:CPNREIT
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P/FCFE
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.
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.
Valuation Scenarios
If P/FCFE returns to its 3-Year Average (7.9), the stock would be worth ฿9.06 (26% downside from current price).
| Scenario | P/FCFE Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 10.7 | ฿12.2 |
0%
|
| 3-Year Average | 7.9 | ฿9.06 |
-26%
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| 5-Year Average | 7.9 | ฿9.06 |
-26%
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| 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
Peer Comparison
| Market Cap | P/FCFE | P/E | ||||
|---|---|---|---|---|---|---|
| TH |
C
|
CPN Retail Growth Leasehold REIT
SET:CPNREIT
|
44.2B THB | 10.7 | 12.8 | |
| US |
G
|
GE Vernova LLC
NYSE:GEV
|
285.6B USD | 0 | 0 | |
| UK |
E
|
Eight Capital Partners PLC
F:ECS
|
158.4B EUR | 0 | 0 | |
| US |
C
|
China Industrial Group Inc
OTC:CIND
|
121B USD | -38 725.3 | 4 020.7 | |
| NL |
N
|
Nepi Rockcastle NV
JSE:NRP
|
100.2B ZAR | 15.5 | 10.4 | |
| US |
F
|
Fintech Ecosystem Development Corp
NASDAQ:FEXD
|
67.9B USD | -88 198.6 | 38 368.9 | |
| US |
C
|
CoreWeave Inc
NASDAQ:CRWV
|
59.7B USD | 0 | 0 | |
| CH |
G
|
Galderma Group AG
SIX:GALD
|
38.4B CHF | 0 | 0 | |
| US |
|
Coupang Inc
F:788
|
31.4B EUR | 69.7 | 173.5 | |
| US |
|
Symbotic Inc
NASDAQ:SYM
|
35.5B USD | 45.4 | -3 256.9 | |
| ZA |
V
|
Vukile Property Fund Ltd
JSE:VKE
|
29.7B ZAR | 4.9 | 6.9 |
Market Distribution
| Min | 0.1 |
| 30th Percentile | 8.8 |
| Median | 13.4 |
| 70th Percentile | 20 |
| Max | 1 747 |
Other Multiples
CPN Retail Growth Leasehold REIT
Glance View
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.