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Central Retail Corporation PCL
SET:CRC

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Central Retail Corporation PCL
SET:CRC
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Price: 19.6 THB -1.51% Market Closed
Market Cap: ฿118.2B

EV/EBIT

13.7
Current
35%
Cheaper
vs 3-y average of 21

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

EV/EBIT
13.7
=
Enterprise Value
฿179.3B
/
EBIT
฿13.7B

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

EV/EBIT
13.7
=
Enterprise Value
฿179.3B
/
EBIT
฿13.7B

Valuation Scenarios

Central Retail Corporation PCL is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (21), the stock would be worth ฿30.15 (54% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+89%
Average Upside
34%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 13.7 ฿19.6
0%
3-Year Average 21 ฿30.15
+54%
5-Year Average 25.9 ฿37.06
+89%
Industry Average 14.9 ฿21.33
+9%
Country Average 11.7 ฿16.72
-15%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
฿179.3B
/
Jan 2026
฿13.7B
=
13.7
Current
฿179.3B
/
Dec 2026
฿12.6B
=
14.3
Forward
฿179.3B
/
Dec 2027
฿13.6B
=
13.2
Forward
฿179.3B
/
Dec 2028
฿15.5B
=
11.5
Forward

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

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
TH
Central Retail Corporation PCL
SET:CRC
118.2B THB 13.7 15.9
US
GE Vernova LLC
NYSE:GEV
270.3B USD 0 0
UK
Eight Capital Partners PLC
F:ECS
158.4B EUR 0 0
US
China Industrial Group Inc
OTC:CIND
121B USD 3 537.2 4 020.7
NL
Nepi Rockcastle NV
JSE:NRP
103.1B ZAR 14.5 10.7
US
Fintech Ecosystem Development Corp
NASDAQ:FEXD
67.9B USD -17 953.8 38 341.6
US
CoreWeave Inc
NASDAQ:CRWV
58.7B USD 0 0
CH
Galderma Group AG
SIX:GALD
36.8B CHF 0 0
US
Coupang Inc
F:788
33.9B EUR 72.5 187.5
US
Symbotic Inc
NASDAQ:SYM
38B USD -776.9 -3 633.5
US
Reddit Inc
NYSE:RDDT
31.3B USD 66 59.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TH
Central Retail Corporation PCL
SET:CRC
Average EV/EBIT: 740.8
13.7
4%
3.4
US
G
GE Vernova LLC
NYSE:GEV
Not Available
93%
N/A
UK
E
Eight Capital Partners PLC
F:ECS
Not Available N/A N/A
US
C
China Industrial Group Inc
OTC:CIND
3 537.2
N/A N/A
NL
N
Nepi Rockcastle NV
JSE:NRP
14.5
N/A N/A
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
Negative Multiple: -17 953.8 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
37%
N/A
US
Coupang Inc
F:788
72.5
75%
1
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -776.9 N/A N/A
US
R
Reddit Inc
NYSE:RDDT
66
59%
1.1
P/E Multiple
Earnings Growth PEG
TH
Central Retail Corporation PCL
SET:CRC
Average P/E: 7 106
15.9
9%
1.8
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
10.7
1%
10.7
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 341.6
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
187.5
96%
2
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 633.5 N/A N/A
US
R
Reddit Inc
NYSE:RDDT
59.7
41%
1.5

Market Distribution

In line with most companies in Thailand
Percentile
62st
Based on 357 companies
62st percentile
13.7
Low
0.4 — 8.7
Typical Range
8.7 — 15.7
High
15.7 —
Distribution Statistics
Thailand
Min 0.4
30th Percentile 8.7
Median 11.7
70th Percentile 15.7
Max 2 524.8

Central Retail Corporation PCL
Glance View

Market Cap
118.2B 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.

CRC Intrinsic Value
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