Valuation CP ALL

Equities

End-of-day quote Thailand S.E. Other stock markets 21/01/2026			5-day change	1st Jan Change
44.50 ^THB	+0.56%		+8.54%	+2.30%

14/11	Tranche Update on CP ALL Public Company Limited's Equity Buyback Plan announced on May 13, 2025.	CI
14/11	CP ALL Public Company Limited's Equity Buyback announced on May 13, 2025, has closed with 71,598,000 shares, representing 0.8% for THB 3,358.43 million.	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	5,23,266	5,30,003	6,13,097	5,03,054	5,00,808	3,96,562	3,96,562	-
Change	-	1.29%	15.68%	-17.95%	-0.45%	-20.82%	0%	-
Enterprise Value (EV) ¹	7,75,608	8,95,146	8,93,025	7,63,083	7,37,120	7,08,879	7,02,582	6,89,797
Change	-	15.41%	-0.24%	-14.55%	-3.4%	-3.83%	-0.89%	-1.82%
P/E ratio	34.7x	44.4x	49.1x	27.9x	20.1x	14.1x	12.9x	11.8x
PBR	5.41x	5.09x	6.09x	4.53x	3.95x	2.86x	2.58x	2.32x
PEG	-	-2.1x	10.88x	0.6x	0.5x	1x	1.35x	1.26x
Capitalization / Revenue	1x	0.94x	0.74x	0.56x	0.52x	0.4x	0.38x	0.36x
EV / Revenue	1.47x	1.58x	1.08x	0.85x	0.77x	0.71x	0.67x	0.62x
EV / EBITDA	16x	20.8x	12.3x	9.78x	8.45x	7.74x	7.24x	6.73x
EV / EBIT	27.8x	49.2x	24.9x	18.4x	14.7x	13.1x	12.2x	11.2x
EV / FCF	32.6x	27.8x	20.2x	12.1x	13.8x	17x	14.8x	12.8x
FCF Yield	3.06%	3.6%	4.95%	8.24%	7.22%	5.88%	6.74%	7.83%
Dividend per Share ²	0.9	0.6	0.75	1	1	1.523	1.685	1.864
Rate of return	1.55%	1.02%	1.1%	1.79%	1.79%	3.42%	3.79%	4.19%
EPS ²	1.68	1.33	1.39	2.01	2.77	3.147	3.449	3.772
Distribution rate	53.6%	45.1%	54%	49.8%	36.1%	48.4%	48.9%	49.4%
Net sales ¹	5,25,884	5,65,207	8,29,099	8,95,281	9,58,998	10,02,860	10,51,667	11,04,727
EBITDA ¹	48,502	42,992	72,352	78,034	87,269	91,603	97,073	1,02,437
EBIT ¹	27,852	18,196	35,808	41,451	50,064	54,166	57,721	61,687
Net income ¹	16,102	12,985	13,272	18,482	25,346	28,278	30,797	33,647
Net Debt ¹	2,52,342	3,65,143	2,79,928	2,60,029	2,36,312	3,12,317	3,06,020	2,93,235
Reference price ²	58.25	59.00	68.25	56.00	55.75	44.50	44.50	44.50
Nbr of stocks (in thousands)	89,83,101	89,83,101	89,83,101	89,83,101	89,83,101	89,11,503	89,11,503	-
Announcement Date	22/02/21	24/02/22	23/02/23	23/02/24	25/02/25	-	-	-

¹THB in Million²THB

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CP ALL	14.06x	0.7x	7.71x	3.44%	1.27TCr
WALMART INC.	41.33x	1.4x	22.16x	0.79%	95TCr
LOBLAW COMPANIES LIMITED	35.18x	1.23x	10.75x	0.89%	5.26TCr
KROGER CO. (THE)	42.06x	0.37x	6.73x	2.18%	4TCr
AEON CO., LTD.	99.11x	1.01x	16.82x	0.57%	4.19TCr
SYSCO CORPORATION	17.6x	0.58x	10.94x	2.82%	3.66TCr
TESCO PLC	15.94x	0.53x	7.87x	3.37%	3.65TCr
AHOLD DELHAIZE N.V.	13.32x	0.49x	6.23x	3.63%	3.45TCr
GEORGE WESTON LIMITED	28.46x	0.78x	6.41x	1.2%	2.64TCr
WOOLWORTHS GROUP LIMITED	24.64x	0.75x	8.85x	3.08%	2.52TCr
Average	33.17x	0.78x	10.45x	2.2%	12.52TCr
Weighted average by Cap.	39.94x	1.24x	19.08x	1.12%