CP ALL Public Company Limited

SET-CPALL

Basic

Market Cap
THB 512.04B
EV
THB 1,069.81B
Shares Out
8,983.1M
Revenue
THB 939.29B
Employees
—

Margins

Gross
24.19%
EBITDA
6.96%
Operating
4.67%
Pre-Tax
3.13%
Net
2.2%
FCF
7.53%

Returns (5Yr Avg)

ROA
3.15%
ROTA
22.03%
ROE
11.68%
ROCE
7.71%
ROIC
5.17%

Valuation (TTM)

P/E
—
P/B
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—
EV/Gross Profit
—

Valuation (NTM)

Price Target
THB 76.28
P/E
—
PEG
—
EV/Sales
—
EV/EBITDA
—
P/FCF
—

Financial Health

Cash
THB 56.52B
Net Debt
THB 367.61B
Debt/Equity
1.38
EBIT/Interest
2.73

Growth (CAGR)

Rev 3Yr
20.73%
Rev 5Yr
11.81%
Rev 10Yr
11.35%
Dil EPS 3Yr
18.81%
Dil EPS 5Yr
-0.06%
Dil EPS 10Yr
7.28%
Rev Fwd 2Yr
6.61%
EBITDA Fwd 2Yr
6.46%
EPS Fwd 2Yr
20.27%
EPS LT Growth Est
36%

Dividends

Yield
—
Payout
44.43%
DPS
THB 1
DPS Growth 3Yr
3.57%
DPS Growth 5Yr
-3.58%
DPS Growth 10Yr
1.06%
DPS Growth Fwd 2Yr
17.56%

Metric	Dec '14	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23	LTM
Operating Revenues						550,900.8	525,884.3	565,060.3	829,098.8	895,281	913,701.2
Other Revenues, Total						19,811	20,322.9	20,615.6	23,222.9	25,092.2	25,586.5
Total Revenues						570,711.8	546,207.2	585,675.8	852,321.7	920,373.2	939,287.7
Total Revenues % Chg.						8.3%	-4.3%	7.2%	45.5%	8%	7.4%
Cost of Goods Sold, Total						426,063.2	410,880	444,771.2	651,099.7	699,010.2	712,120.1
Gross Profit						144,648.6	135,327.2	140,904.6	201,221.9	221,363	227,167.5
Selling General & Admin Expenses, Total						111,562.1	107,858.2	116,866.9	165,413.9	179,911.5	183,274.9
Other Operating Expenses, Total						111,562.1	107,858.2	116,866.9	165,413.9	179,911.5	183,274.9
Operating Income						33,086.5	27,469	24,037.8	35,808.1	41,451.5	43,892.6
Interest Expense, Total						-6,721	-8,526	-12,643	-16,832	-16,558	-16,052.2
Interest And Investment Income						294.7	156.8	129.2	283.6	468.2	542.7
Net Interest Expenses						-6,426.3	-8,369.2	-12,513.8	-16,548.4	-16,089.8	-15,509.5
Income (Loss) On Equity Invest.	—	—	—	—	—	—	-63.4	-226.5	831.4	746.2	727.1
Currency Exchange Gains (Loss)						103.6	226	407.2	-9.3	345.7	291.6
Other Non Operating Income (Expenses)	—	—	—	—	—	—	—	—	0.2	0.5	0.5
EBT, Excl. Unusual Items						26,763.9	19,262.4	11,704.7	20,081.9	26,454.1	29,402.3
Merger & Related Restructuring Charges	—	—			—	—	—	—	—	—	—
Gain (Loss) On Sale Of Assets			—	—	—	—	—	1,317.5	—	—	—
Asset Writedown	—	—	—	—	—	—	—	-7,159.1	—	—	—
Other Unusual Items	—	—	—	—	—	—	—	6,714.3	—	—	—
EBT, Incl. Unusual Items						26,763.9	19,262.4	12,577.4	20,081.9	26,454.1	29,402.3
Income Tax Expense						4,069.7	2,759.5	524.9	3,861	4,602.1	5,202.4
Earnings From Continuing Operations						22,694.1	16,502.9	12,052.5	16,220.9	21,852	24,199.9
Minority Interest						-351	-400.5	933	-2,949.2	-3,369.9	-3,521.1
Net Income						22,343.1	16,102.4	12,985.5	13,271.7	18,482.1	20,678.8
Preferred Dividend and Other Adjustments	—	—				1,000	1,003	1,000	779	460	462
Net Income to Common Incl Extra Items						21,343.1	15,099.4	11,985.5	12,492.7	18,022.1	20,216.8
Net Income to Common Excl. Extra Items						21,343.1	15,099.4	11,985.5	12,492.7	18,022.1	20,216.8
Total Shares Outstanding						8,983.1	8,983	8,983.1	8,983.1	8,983	8,983
Weighted Avg. Shares Outstanding						8,983	8,983	8,983	8,983	8,983	8,983
Weighted Avg. Shares Outstanding Dil						8,983	8,983	8,983	8,983	8,983	8,983
EPS						2.4	1.7	1.3	1.4	2	2.3
EPS Diluted						2.4	1.7	1.3	1.4	2	2.3
EBITDA						43,727.4	38,449.7	37,200.1	57,119.9	62,795.7	65,364.6
Effective Tax Rate						15.2%	14.3%	4.2%	19.2%	17.4%	17.7%