Central Pattana Public Company Limited develops and manages real estate properties primarily in Thailand.
Solid track record average dividend payer.
Share Price & News
How has Central Pattana's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1PT1's share price has been volatile over the past 3 months.
7 Day Return
DE Real Estate
1 Year Return
DE Real Estate
Return vs Industry: 1PT1 underperformed the German Real Estate industry which returned -6.5% over the past year.
Return vs Market: 1PT1 underperformed the German Market which returned -0.2% over the past year.
Price Volatility Vs. Market
How volatile is Central Pattana's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Central Pattana undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1PT1 (€1.36) is trading above our estimate of fair value (€1.2)
Significantly Below Fair Value: 1PT1 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1PT1 is poor value based on its PE Ratio (17x) compared to the Real Estate industry average (10.3x).
PE vs Market: 1PT1 is good value based on its PE Ratio (17x) compared to the German market (19.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1PT1 is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: 1PT1 is overvalued based on its PB Ratio (3.4x) compared to the DE Real Estate industry average (1.4x).
How is Central Pattana forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1PT1's forecast earnings growth (9.5% per year) is above the savings rate (0.2%).
Earnings vs Market: 1PT1's earnings (9.5% per year) are forecast to grow slower than the German market (21.6% per year).
High Growth Earnings: 1PT1's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1PT1's revenue (14.4% per year) is forecast to grow faster than the German market (5.8% per year).
High Growth Revenue: 1PT1's revenue (14.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1PT1's Return on Equity is forecast to be low in 3 years time (13.9%).
How has Central Pattana performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1PT1 has high quality earnings.
Growing Profit Margin: 1PT1's current net profit margins (32%) are higher than last year (30.4%).
Past Earnings Growth Analysis
Earnings Trend: 1PT1's earnings have grown by 10% per year over the past 5 years.
Accelerating Growth: 1PT1's earnings growth over the past year (20%) exceeds its 5-year average (10% per year).
Earnings vs Industry: 1PT1 earnings growth over the past year (20%) exceeded the Real Estate industry 10%.
Return on Equity
High ROE: 1PT1's Return on Equity (18%) is considered low.
How is Central Pattana's financial position?
Financial Position Analysis
Short Term Liabilities: 1PT1's short term assets (฿22.4B) do not cover its short term liabilities (฿30.0B).
Long Term Liabilities: 1PT1's short term assets (฿22.4B) do not cover its long term liabilities (฿114.1B).
Debt to Equity History and Analysis
Debt Level: 1PT1's debt to equity ratio (56.8%) is considered high.
Reducing Debt: 1PT1's debt to equity ratio has increased from 35% to 56.8% over the past 5 years.
Debt Coverage: 1PT1's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 1PT1's interest payments on its debt are well covered by EBIT (18.5x coverage).
What is Central Pattana's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1PT1's dividend (1.57%) is higher than the bottom 25% of dividend payers in the German market (1.28%).
High Dividend: 1PT1's dividend (1.57%) is low compared to the top 25% of dividend payers in the German market (3.94%).
Stability and Growth of Payments
Stable Dividend: 1PT1's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1PT1's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.6%), 1PT1's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1PT1's dividends in 3 years are forecast to be well covered by earnings (43.6% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Preecha Ekkunagul (61yo)
Mr. Preecha Ekkunagul serves as Chief Executive Officer of Central Pattana Group at The Central Group. Mr. Ekkunagul has been Chief Executive Officer and President of Central Pattana Public Company Limited ...
|Senior EVP of Finance||6.33yrs||no data||0.0017% ฿112.6k|
|Senior Vice President of Accounting & Administration||11.42yrs||no data||0.0015% ฿98.4k|
|Investor Relations Manager||no data||no data||no data|
|Executive Vice President of Marketing||no data||no data||no data|
|Senior Executive Vice President of Office of the President||4.5yrs||no data||0.57% ฿37.1m|
|Deputy Chief Executive Officer||8.42yrs||no data||0.38% ฿24.9m|
|Senior VP of Property Area 1 & Acting Shopping Center GM||no data||no data||no data|
|Executive Vice President of Office of the President||no data||no data||no data|
|Senior Executive Vice President of Development Workgroup||3.83yrs||no data||0.39% ฿25.3m|
Experienced Management: 1PT1's management team is seasoned and experienced (6.4 years average tenure).
|Independent Director||17.92yrs||฿2.52m||no data|
|Chairman of the Board||10.08yrs||฿2.07m||8.38% ฿542.4m|
|Lead Independent Director||0.67yr||฿2.23m||no data|
|Honorary Chairman||4.42yrs||no data||no data|
Experienced Board: 1PT1's board of directors are seasoned and experienced ( 17.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Central Pattana Public Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Central Pattana Public Company Limited
- Ticker: 1PT1
- Exchange: BST
- Founded: 1980
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: ฿228.013b
- Listing Market Cap: ฿6.473b
- Shares outstanding: 4.47b
- Website: https://www.cpn.co.th
Number of Employees
- Central Pattana Public Company Limited
- The Offices at Centralworld
- 10th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CPN||SET (The Stock Exchange of Thailand)||Yes||Common Shares||TH||THB||Jul 1995|
|CPN-F||THAMSE (Bangkok-Alien Market Stock Exchange)||SHS||TH||THB||Sep 1995|
|1PT1||BST (Boerse-Stuttgart)||SHS||DE||EUR||Sep 1995|
|CPN-R||SET (The Stock Exchange of Thailand)||THB1(NVDR)||TH||THB||Aug 2001|
|CPPB.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Aug 2012|
Central Pattana Public Company Limited develops and manages real estate properties primarily in Thailand. The company develops and rents shopping centers; office buildings; hotel; residential building; and food court, as well as invests in property leasehold funds and trust, and offers property management services. As of December 31, 2019, its property portfolio comprised 34 shopping centers, 7 office buildings, 2 hotels, and 1 rental housing project and accommodation project. The company was founded in 1980 and is headquartered in Bangkok, Thailand.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/02 10:25|
|End of Day Share Price||2020/05/29 00:00|
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.