Inventory - Central Retail Corporation PCL (SET:CRC)

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Price: 19.7 THB 0.51% Market Closed

Market Cap: ฿118.8B

Central Retail Corporation PCL
Inventory

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Annual

Adjust for Inflation

Balance Sheet

Central Retail Corporation PCL
Inventory Peer Comparison

Company		Inventory	CAGR 3Y	CAGR 5Y	CAGR 10Y
	Central Retail Corporation PCL SET:CRC	Inventory ฿46.6B	CAGR 3-Years 4%	CAGR 5-Years 6%	CAGR 10-Years N/A
B	Berli Jucker PCL SET:BJC	Inventory ฿19.4B	CAGR 3-Years -5%	CAGR 5-Years -1%	CAGR 10-Years 10%
C	CP All PCL SET:CPALL	Inventory ฿63.7B	CAGR 3-Years 6%	CAGR 5-Years 16%	CAGR 10-Years 11%
H	Home Product Center PCL SET:HMPRO	Inventory ฿14.3B	CAGR 3-Years 3%	CAGR 5-Years 8%	CAGR 10-Years 6%
	PTT Oil and Retail Business PCL SET:OR	Inventory ฿31.1B	CAGR 3-Years 8%	CAGR 5-Years 7%	CAGR 10-Years N/A
	CP Axtra PCL SET:CPAXT	Inventory ฿34.7B	CAGR 3-Years 36%	CAGR 5-Years 22%	CAGR 10-Years 14%

Central Retail Corporation PCL
Glance View

Market Cap

118.8B THB

Industry

Retail

Central Retail Corporation PCL, a cornerstone in Thailand's retail landscape, operates as a diversified retail giant with a vast array of offerings. Its foundation lies in being an integral part of the Central Group, one of the largest family-owned conglomerates in the country. The company orchestrates a multi-format retail ecosystem that encompasses everything from department stores and hypermarkets to electrical appliance stores and specialty shops. Through its extensive portfolio of well-established brands, including Central, Robinson, and Tops, Central Retail connects with a broad spectrum of consumers. Beyond traditional brick-and-mortar storefronts, it has adeptly expanded its presence into e-commerce, blending the physical and digital shopping experiences to capture a more extensive clientele and adapt to changing consumer behaviors. The business model of Central Retail hinges on creating an expansive and versatile shopping environment that encourages repeat visitation and cross-shopping among its diverse store formats. Revenues are primarily driven through retail sales within its widespread network, which extends its footprint not only in Thailand but also reaches out to markets in Vietnam and Italy. This geographical diversification allows the company to tap into different consumer dynamics and economic landscapes. The integration of both in-store and online shopping channels has enabled Central Retail to harness the benefits of omnichannel retailing, optimizing the logistics and customer engagement aspects to drive sales growth. With a focus on innovative retail solutions, Central Retail continuously refines its offerings to suit evolving consumer preferences, positioning itself as a dynamic pioneer in the retail sector.

View CRC Analysis

CRC Intrinsic Value

Undervaluation 55%

Intrinsic Value

Price

What is Intrinsic Value?

Economic Moat is a concept popularized by Warren Buffett to describe a company's durable competitive advantage. It represents the 'moat' that protects a company from competitors and helps it sustain profitability over the long term. Our analysis of the past 10 years showed that companies with a wide economic moat significantly outperformed the market, delivering +645% returns compared to +189% for the S&P 500.

Our research into Economic Moat performance spans the past 10 years and focuses on companies with a wide economic moat. For this analysis, we calculated the average stock price returns of these companies, comparing them to the performance of the S&P 500 index over the same period.

The results were compelling: wide moat stocks achieved a remarkable +645% average return, compared to +188% for the broader market. This difference highlights the long-term benefits of investing in businesses that can maintain their market position and pricing power over time.

Note: This research does not account for survivorship bias. Past performance is not indicative of future results.

Determining whether a company has an economic moat requires both a deep dive into financial metrics and a qualitative assessment of its competitive position. Our analysts conduct a rigorous evaluation that focuses on identifying structural advantages that enable a company to sustain profitability and defend its market share over the long term.

The process begins with an analysis of a company’s historical financial performance. We assess how consistently the company has generated returns above its cost of capital and whether those returns have been stable or improving. However, financial performance alone doesn’t reveal the full picture. To understand the sources of these advantages, we evaluate five key drivers of economic moats:

Network Effect: We analyze whether the value of a company’s product or service grows as its user base expands. Platforms like payment systems or marketplaces benefit from this self-reinforcing.

Switching Costs: We assess whether customers face significant costs or disruptions when switching to a competitor’s product or service. High switching costs create customer stickiness and provide pricing power.

Intangible Assets: Strong brands, patents, and regulatory licenses can protect a company’s market position by creating barriers for competitors or enabling premium pricing. For example, a well-recognized consumer brand may command higher customer loyalty and margins.

Efficient scale: Occurs when a market is optimally served by one or a few players, making it unprofitable for new entrants to compete. This typically happens in industries with high fixed costs or geographic constraints, such as utilities or pipelines.

Cost Advantage: Companies with structural cost advantages can produce goods or services at a lower cost than their competitors, enabling them to offer competitive pricing or maintain higher margins. These advantages often arise from economies of scale, superior supply chain management, or proprietary technology. Firms like Walmart leverage their massive scale to negotiate better terms with suppliers, allowing them to undercut competitors on price.

By examining these factors in combination with a company’s financial performance and market positioning, we classify each company into one of three categories:

This rigorous evaluation ensures that our moat ratings are both comprehensive and reliable, giving investors the tools they need to make well-informed, long-term decisions.

The AI Assistant may sometimes provide inaccurate information.

Make your own investment decisions or consult a licensed financial advisor.

Central Retail Corporation PCL
SET:CRC

Central Retail Corporation PCL
Inventory

Central Retail Corporation PCL
Inventory Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Central Retail Corporation PCL
Glance View

See Also

What is Central Retail Corporation PCL's Inventory?

Inventory
46.6B THB

What is Central Retail Corporation PCL's Inventory growth rate?

Inventory CAGR 5Y
6%

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Central Retail Corporation PCL SET:CRC

Central Retail Corporation PCL Inventory

Central Retail Corporation PCL Inventory Peer Comparison

Competitors Analysis Latest Figures & CAGR of Competitors

Central Retail Corporation PCL Glance View

See Also

What is Central Retail Corporation PCL's Inventory? Inventory 46.6B THB

What is Central Retail Corporation PCL's Inventory growth rate? Inventory CAGR 5Y 6%

Company

Help

Tools

Stocks

Central Retail Corporation PCL
SET:CRC

Central Retail Corporation PCL
Inventory

Central Retail Corporation PCL
Inventory Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Central Retail Corporation PCL
Glance View

What is Central Retail Corporation PCL's Inventory?

Inventory
46.6B THB

What is Central Retail Corporation PCL's Inventory growth rate?

Inventory CAGR 5Y
6%