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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: 18.5 THB -0.54% Market Closed
Market Cap: ฿111.6B

EV/FCFF

8.6
Current
76%
Cheaper
vs 3-y average of 36.3

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.6
=
Enterprise Value
฿179.3B
/
Free Cash Flow to Firm
฿21B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
8.6
=
Enterprise Value
฿179.3B
/
Free Cash Flow to Firm
฿21B

Valuation Scenarios

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

If EV/FCFF returns to its 3-Year Average (36.3), the stock would be worth ฿77.9 (321% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+321%
Average Upside
185%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 8.6 ฿18.5
0%
3-Year Average 36.3 ฿77.9
+321%
5-Year Average 36.3 ฿77.9
+321%
Industry Average 13 ฿27.87
+51%
Country Average 12.6 ฿27.06
+46%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
TH
Central Retail Corporation PCL
SET:CRC
111.6B THB 8.6 15.1
US
GE Vernova LLC
NYSE:GEV
301B USD 0 0
UK
Eight Capital Partners PLC
F:ECS
158.4B EUR 0 0
US
China Industrial Group Inc
OTC:CIND
121B USD -103 746.2 4 020.7
NL
Nepi Rockcastle NV
JSE:NRP
101.6B ZAR 19.6 10.5
US
Fintech Ecosystem Development Corp
NASDAQ:FEXD
68.1B USD -45 995 38 458.7
US
CoreWeave Inc
NASDAQ:CRWV
56.3B USD 0 0
CH
Galderma Group AG
SIX:GALD
38.1B CHF 0 0
US
Coupang Inc
F:788
32.4B EUR 60.5 174.4
US
Symbotic Inc
NASDAQ:SYM
35.8B USD 43.5 -3 291.8
US
Qnity Electronics Inc
NYSE:Q
30.1B USD 0 0
P/E Multiple
Earnings Growth PEG
TH
Central Retail Corporation PCL
SET:CRC
Average P/E: 8 535.9
15.1
9%
1.7
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
10.5
1%
10.5
US
F
Fintech Ecosystem Development Corp
NASDAQ:FEXD
38 458.7
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
174.4
96%
1.8
US
Symbotic Inc
NASDAQ:SYM
Negative Multiple: -3 291.8 N/A N/A
US
Q
Qnity Electronics Inc
NYSE:Q
Not Available
15%
N/A

Market Distribution

Lower than 70% of companies in Thailand
Percentile
30th
Based on 323 companies
30th percentile
8.6
Low
0.2 — 8.8
Typical Range
8.8 — 17.3
High
17.3 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 8.8
Median 12.6
70th Percentile 17.3
Max 6 871.7

Central Retail Corporation PCL
Glance View

Market Cap
111.6B 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
37.34 THB
Undervaluation 50%
Intrinsic Value
Price ฿18.5
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