BST:LVN

Stock Analysis Report

Executive Summary

CP ALL Public Company Limited, together with its subsidiaries, operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand.


Snowflake Analysis

Established dividend payer with acceptable track record.


Similar Companies

Share Price & News

How has CP ALL's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: LVN has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

9.4%

LVN

3.2%

DE Consumer Retailing

-2.7%

DE Market


1 Year Return

-15.5%

LVN

-9.0%

DE Consumer Retailing

-20.4%

DE Market

Return vs Industry: LVN underperformed the German Consumer Retailing industry which returned -8.6% over the past year.

Return vs Market: LVN exceeded the German Market which returned -17.2% over the past year.


Shareholder returns

LVNIndustryMarket
7 Day9.4%3.2%-2.7%
30 Day-5.4%-3.3%-18.4%
90 Day-14.2%-9.8%-26.7%
1 Year-14.1%-15.5%-5.4%-9.0%-18.1%-20.4%
3 Year14.7%9.5%-1.8%-11.4%-19.1%-25.9%
5 Year68.7%54.7%-6.2%-20.6%-19.5%-30.4%

Price Volatility Vs. Market

How volatile is CP ALL's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is CP ALL undervalued compared to its fair value and its price relative to the market?

13.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LVN (€1.75) is trading below our estimate of fair value (€2.02)

Significantly Below Fair Value: LVN is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: LVN is poor value based on its PE Ratio (25.4x) compared to the Consumer Retailing industry average (17.6x).

PE vs Market: LVN is poor value based on its PE Ratio (25.4x) compared to the German market (16.8x).


Price to Earnings Growth Ratio

PEG Ratio: LVN is poor value based on its PEG Ratio (2.4x)


Price to Book Ratio

PB vs Industry: LVN is overvalued based on its PB Ratio (5.8x) compared to the XE Consumer Retailing industry average (1.3x).


Next Steps

Future Growth

How is CP ALL forecast to perform in the next 1 to 3 years based on estimates from 20 analysts?

10.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LVN's forecast earnings growth (10.8% per year) is above the savings rate (-0.4%).

Earnings vs Market: LVN's earnings (10.8% per year) are forecast to grow slower than the German market (14.5% per year).

High Growth Earnings: LVN's earnings are forecast to grow, but not significantly.

Revenue vs Market: LVN's revenue (5.8% per year) is forecast to grow faster than the German market (4.1% per year).

High Growth Revenue: LVN's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LVN's Return on Equity is forecast to be high in 3 years time (25.8%)


Next Steps

Past Performance

How has CP ALL performed over the past 5 years?

13.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LVN has high quality earnings.

Growing Profit Margin: LVN's current net profit margins (3.7%) are lower than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: LVN's earnings have grown by 13% per year over the past 5 years.

Accelerating Growth: LVN's earnings growth over the past year (7.1%) is below its 5-year average (13% per year).

Earnings vs Industry: LVN earnings growth over the past year (7.1%) exceeded the Consumer Retailing industry 2.2%.


Return on Equity

High ROE: Whilst LVN's Return on Equity (20.94%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is CP ALL's financial position?


Financial Position Analysis

Short Term Liabilities: LVN's short term assets (฿71.9B) do not cover its short term liabilities (฿112.9B).

Long Term Liabilities: LVN's short term assets (฿71.9B) do not cover its long term liabilities (฿154.3B).


Debt to Equity History and Analysis

Debt Level: LVN's debt to equity ratio (133.9%) is considered high.

Reducing Debt: LVN's debt to equity ratio has reduced from 563.7% to 133.9% over the past 5 years.

Debt Coverage: LVN's debt is well covered by operating cash flow (27.9%).

Interest Coverage: LVN's interest payments on its debt are well covered by EBIT (5.1x coverage).


Balance Sheet

Inventory Level: LVN has a high level of physical assets or inventory.

Debt Coverage by Assets: LVN's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

What is CP ALL's current dividend yield, its reliability and sustainability?

2.07%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: LVN's dividend (2.07%) is higher than the bottom 25% of dividend payers in the German market (1.65%).

High Dividend: LVN's dividend (2.07%) is low compared to the top 25% of dividend payers in the German market (4.87%).


Stability and Growth of Payments

Stable Dividend: LVN's dividends per share have been stable in the past 10 years.

Growing Dividend: LVN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (52.6%), LVN's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LVN's dividends in 3 years are forecast to be covered by earnings (50% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average management tenure


CEO

Tanin Buranamanit (55yo)

6.67s

Tenure

฿3,079,000

Compensation

Mr. Tanin Buranamanit serves as Chief Executive Officer of Marketing & Distribution at Charoen Pokphand Group Co. Ltd. Mr. Buranamanit has been Chief Executive Officer and Managing Director of CP ALL Publi ...


Leadership Team

NamePositionTenureCompensationOwnership
Tanin Buranamanit
CEO, MD & Director6.67yrs฿3.08m0.0050% ฿754.7k
Korsak Chairasmisak
Vice Chairmanno data฿6.16m0.10% ฿14.9m
Taweesak Kaewrathtanapattama
Senior VP of Accounting & Finance and CFO14.08yrsno data0.00059% ฿88.4k
Chairoj Tiwatmuncharoen
Senior Vice President of Operationno datano data0.0026% ฿393.8k
Yuthasak Poomsarakul
Senior Vice President of Merchandising & Marketing4.17yrsno data0.0014% ฿209.7k
Suraphan Pussadej
Senior Assistant Chief Executive Officer of Human Resourceno datano data0.0029% ฿438.8k
Kosa Pongsupath
Senior Vice President of Information Technologyno datano data0.0037% ฿557.1k
Chuan Nimkittikul
Senior Vice President of Distribution Center Functionno datano data0.0084% ฿1.3m
Suwit Kingkaew
Senior Vice President of Sustainable Developmentno datano data0.0033% ฿497.2k
Kriengchai Boonpoapichart
Senior Vice President of Accounting & Finance (Vice)1.75yrsno data0.0034% ฿504.7k

5.4yrs

Average Tenure

65yo

Average Age

Experienced Management: LVN's management team is seasoned and experienced (5.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tanin Buranamanit
CEO, MD & Director6.67yrs฿3.08m0.0050% ฿754.7k
Korsak Chairasmisak
Vice Chairmanno data฿6.16m0.10% ฿14.9m
Soopakij Chearavanont
Chairman0.92yr฿3.08m0.0025% ฿371.4k
Suphachai Chearavanont
Vice Chairman1.25yrsno datano data
Umroong Sanphasitvong
Director21.08yrs฿3.08mno data
Padoong Techasarintr
Independent Director21.08yrs฿5.34m0.00011% ฿16.5k
Prasert Jarupanich
Director21.08yrs฿3.08mno data
Piyawat Titasattavorakul
Director21.08yrs฿3.08m0.00052% ฿77.9k
Pittaya Jearavisitkul
Director21.08yrs฿3.08m0.021% ฿3.2m
Phatcharavat Wongsuwan
Independent Director7.17yrs฿6.16mno data

21.1yrs

Average Tenure

65.5yo

Average Age

Experienced Board: LVN's board of directors are seasoned and experienced ( 21.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CP ALL Public Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CP ALL Public Company Limited
  • Ticker: LVN
  • Exchange: BST
  • Founded: 1988
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: ฿541.232b
  • Listing Market Cap: ฿14.975b
  • Shares outstanding: 8.98b
  • Website: https://www.cpall.co.th

Location

  • CP ALL Public Company Limited
  • 313 C.P. Tower
  • 24th Floor, Silom Road
  • Bangkok
  • 10500
  • Thailand

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CPALLSET (The Stock Exchange of Thailand)YesOrdinary SharesTHTHBOct 2003
CPALL-RSET (The Stock Exchange of Thailand)THB1(NVDR)THTHBOct 2003
CVPU.FOTCPK (Pink Sheets LLC)THB1(NVDR)USUSDOct 2003
CPALL-FTHAMSE (Bangkok-Alien Market Stock Exchange)THB1(ALIEN MARKET)THTHBMar 2004
LVNBST (Boerse-Stuttgart)THB1(ALIEN MARKET)DEEURMar 2004
CVPB.FOTCPK (Pink Sheets LLC)SHS FGN REGUSUSDDec 2004
CPPC.YOTCPK (Pink Sheets LLC)UNSPONSORD ADRUSUSDAug 2012

Biography

CP ALL Public Company Limited, together with its subsidiaries, operates and franchises convenience stores under the 7-Eleven name to other retailers primarily in Thailand. It operates through three segments: Convenience Stores, Cash and Carry, and Other. The company is involved in the manufacturing and sale of convenience foods, and bakery products; sale and maintenance of retail equipment; information system design and development; marketing communications and planning activities; food-related analysis and tests; and cash and carry and e-commerce business, as well as operates as a life and accident insurance broker. It also distributes commercial cards and tickets, catalog merchandises, and equipment for retailing and software development; and offers bill payment collection, information technology, logistics, smart purse cards, educational, human resources development, and training and business seminar services, as well as healthcare and medical specialist’s consultation services. As of December 31, 2018, CP ALL Public Company Limited operated 10,988 stores. The company was formerly known as C.P. Seven Eleven Public Company Limited and changed its name to CP ALL Public Company Limited in 2007. CP ALL Public Company Limited was founded in 1988 and is based in Bangkok, Thailand. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 22:54
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.