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CP All PCL
SET:CPALL

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CP All PCL
SET:CPALL
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Price: 47.75 THB 1.06%
Market Cap: ฿428.9B

EV/EBITDA

8.6
Current
16%
Cheaper
vs 3-y median of 10.2

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

EV/EBITDA
8.6
=
Enterprise Value
฿757.5B
/
EBITDA
฿88.5B

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

EV/EBITDA
8.6
=
Enterprise Value
฿757.5B
/
EBITDA
฿88.5B

Valuation Scenarios

CP All PCL is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (10.2), the stock would be worth ฿56.96 (19% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
0%
Maximum Upside
+46%
Average Upside
16%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 8.6 ฿47.75
0%
3-Year Average 10.2 ฿56.96
+19%
5-Year Average 12.5 ฿69.66
+46%
Industry Average 8.6 ฿47.54
0%
Country Average 8.6 ฿47.89
+0%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
฿757.5B
/
Jan 2026
฿88.5B
=
8.6
Current
฿757.5B
/
Dec 2026
฿95.5B
=
7.9
Forward
฿757.5B
/
Dec 2027
฿100.4B
=
7.5
Forward
฿757.5B
/
Dec 2028
฿105B
=
7.2
Forward

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

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
TH
CP All PCL
SET:CPALL
428.9B THB 8.6 15.5
ZA
Shoprite Holdings Ltd
JSE:SHP
148.8B ZAR 7.6 19.7
CA
Loblaw Companies Ltd
TSX:L
74.1B CAD 12 27.3
CA
Alimentation Couche-Tard Inc
TSX:ATD
71.5B CAD 9.8 18.3
UK
Tesco PLC
LSE:TSCO
32.6B GBP 8.2 20.9
US
Kroger Co
NYSE:KR
43.7B USD 6.9 43.3
NL
Koninklijke Ahold Delhaize NV
AEX:AD
36.6B EUR 6.7 16.1
AU
Woolworths Group Ltd
ASX:WOW
45.4B AUD 34.9 75.3
JP
Seven & i Holdings Co Ltd
TSE:3382
5.1T JPY 8.3 17.5
IN
Avenue Supermarts Ltd
NSE:DMART
2.9T INR 59.3 100.6
CA
George Weston Ltd
TSX:WN
37.5B CAD 7.1 36.5

Market Distribution

In line with most companies in Thailand
Percentile
50th
Based on 406 companies
50th percentile
8.6
Low
0.2 — 6.6
Typical Range
6.6 — 11.4
High
11.4 —
Distribution Statistics
Thailand
Min 0.2
30th Percentile 6.6
Median 8.6
70th Percentile 11.4
Max 3 584.8

CP All PCL
Glance View

In the vibrant mosaic of Thailand's retail landscape, CP All PCL stands out as a formidable player, steering the country's consumer habits towards greater convenience. Originally established in 1988, CP All was granted exclusive rights to operate 7-Eleven stores in Thailand. Today, it boasts a vast network of convenience stores peppered across every conceivable corner of the nation, becoming an integral part of everyday life for millions. The company operates more than 10,000 7-Eleven stores, and its strategic locations play a pivotal role in its success, with each outlet offering an expansive array of products ranging from everyday essentials to ready-to-eat food and beverages, catering to the fast-paced lifestyles of modern consumers. Its focus on convenience has been further amplified by embracing technological advancements, such as digital payment solutions and loyalty programs, enhancing the customer experience and boosting store traffic. While the core business thrives on the high-volume, low-margin model typical of convenience stores, CP All extends its revenue streams beyond traditional retail. The company has ventured into other synergistic sectors, including bill payment services and logistics. Additionally, CP All has made significant strides in the education sector through Panyapiwat Institute of Management, fostering a unique synergy by creating a workforce pipeline tailored to its operational needs. By integrating its business across various sectors, CP All not only diversifies its income sources but also fortifies its dominant position in Thailand's retail ecosystem. This cohesive approach empowers CP All to drive growth sustainably while responding adeptly to rapidly changing consumer preferences and the dynamics of the retail industry.

CPALL Intrinsic Value
84.41 THB
Undervaluation 43%
Intrinsic Value
Price ฿47.75
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