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CNPF Fair Value & Analysis

Consumer Non-Cyclicals · PH · Market cap 61.3B PHP

C CNPF CNPF · PSE
Price32.50 PHP
Fair Value64.84 PHP
Upside+99.5%
Quality70/100
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Mixed Growth
Thin margins · 0.0% net margin
Low debt
Ranks above peers (9/9)
Wide moat 65/100
Evidence: High Range 41.91 PHP – 81.10 PHP Share as image

Fair value as of: Jul 10, 2026

From 26 valuation models · updated 30 days ago

Fair value updated Jul 10, 2026, revised from 47.03 PHP to 64.84 PHP (+37.9%) since Jun 25, 2026. Share price +21.5% over the past month.

A solid business, screening 100% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (41.91 PHP). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (41.91 PHP to 81.10 PHP) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

43.06 PHP 15.70 PHP Fair Value 64.84 PHP Feb 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 10, 2026.

How to read this chart

60‑month range 15.70 PHP – 43.06 PHP · fair‑value band 41.91 PHP – 81.10 PHP · the 32.50 PHP price screens below the 64.84 PHP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 10, 2026.

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Analysis

CNPF (CNPF) currently trades at 32.50 PHP, while our model-based Fair Value estimate is 64.84 PHP, implying the stock looks roughly 99.5% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Consumer Non-Cyclicals sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

The stock trades on a trailing P/E of 16.6. Fundamentals as of Jul 10, 2026

Our scenario range runs from 41.91 PHP (bear case) to 81.10 PHP (bull case); at 32.50 PHP, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 20% below its 52-week high and 31% above its 52-week low. For context, the median of 10 Consumer Non-Cyclicals peers we cover trades at 7% fair-value upside, at 100%, CNPF screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF 39.20 PHP 70.54 PHP 124.75 PHP 80
Residual Income 21.80 PHP 27.56 PHP 75.02 PHP 76
Rev-Margin DCF 37.44 PHP 66.75 PHP 105.49 PHP 74
All 26 models by family
DCF Models
FCF DCF 39.72 PHP 74.52 PHP 136.80 PHP 38
Owner Earnings 40.90 PHP 76.73 PHP 140.86 PHP 31
5Y Revenue Exit 37.44 PHP 67.69 PHP 109.41 PHP 39
5Y EBITDA Exit 43.46 PHP 80.36 PHP 127.48 PHP 41
5Y P/E Exit 46.11 PHP 85.95 PHP 132.47 PHP 38
10Y Revenue Exit 36.59 PHP 65.90 PHP 112.18 PHP 36
10Y EBITDA Exit 41.91 PHP 75.30 PHP 127.62 PHP 37
10Y P/E Exit 43.69 PHP 79.44 PHP 131.88 PHP 35
Earnings-Based
Graham-Dodd 22.86 PHP 113.78 PHP 156.97 PHP 54
Lynch FV 30.73 PHP 43.90 PHP 57.07 PHP 50
PEG = 1.0 30.73 PHP 43.90 PHP 57.07 PHP 46
EPV 34.35 PHP 40.10 PHP 45.14 PHP 59
Dividend Discount
Gordon GGM 16.56 PHP 34.43 PHP 54.62 PHP 70
DDM Multi-Stage 16.56 PHP 29.03 PHP 36.14 PHP 61
Multiples
P/E Multiple 52.94 PHP 70.59 PHP 88.23 PHP 63
P/S Multiple 42.86 PHP 57.14 PHP 71.43 PHP 58
P/B Multiple 42.86 PHP 57.14 PHP 71.43 PHP 55
EV/EBIT 51.24 PHP 68.39 PHP 85.53 PHP 53
EV/EBITDA 48.58 PHP 64.84 PHP 81.10 PHP 54
EV/Revenue 36.52 PHP 52.25 PHP 67.98 PHP 43
Asset-Based
NCAV (Graham) 9.50 PHP 12.73 PHP 18.99 PHP 50
Growth DCF
Growth DCF 39.20 PHP 70.54 PHP 124.75 PHP 80
Rev-Margin DCF 37.44 PHP 66.75 PHP 105.49 PHP 74
Economic Profit
Residual Income 21.80 PHP 27.56 PHP 75.02 PHP 76
ROIC Compounder 39.55 PHP 54.33 PHP 74.05 PHP 72
Growth Earnings
Growth-Adj P/E 47.05 PHP 67.21 PHP 87.38 PHP 68

Widest divergence: DCF Models (75.30 PHP) versus Asset-Based (12.73 PHP). Highest evidence: Growth DCF (80).

Quality Score breakdown

Overall quality 70/100

Of which business quality 68 · Market factors (momentum, volatility) 31

Profitability 68
Margins and returns on capital today
Quality Growth 67
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 59
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 22
Price trend over the last 3–12 months (market factor)
52W Momentum 32
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

CNPF reported revenue of 75.5B PHP in FY2024 versus 48.3B PHP in FY2020, a compound +11.8%/yr. Reported net income was 6.3B PHP in FY2024, compounding +13.1%/yr from FY2020.

Growth Quality 75/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
75.5B PHP
Latest YoY
+12.5%
Avg. growth/yr (3Y)
+11.3%
Avg. growth/yr (5Y)
+13.2%
Avg. growth/yr (10Y)
+14.0%
Revenue +11.8%/yr
FY20 48.3B PHP
FY21 54.7B PHP
FY22 62.3B PHP
FY23 67.1B PHP
FY24 75.5B PHP
Net income +13.1%/yr
FY20 3.9B PHP
FY21 4.7B PHP
FY22 5.0B PHP
FY23 5.6B PHP
FY24 6.3B PHP

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Cite: Fair Value Calculator (2026). "CNPF Fair Value". https://www.fairvalue-calculator.com/stock/CNPF

Peer Group

Food & Tobacco · 20 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside +100% · Top 25%
Return on assets 0% · Top 25%
Net margin (TTM) 0% · Top 25%
Operating margin (TTM) 0% · Above median
Revenue growth 0% · Above median
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Food & Tobacco median · lower = cheaper

P/E (TTM) 16.6× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 100 · sector 30
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 96 · sector 93
DIVIDEND 0 · sector 0

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Tobacco

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Food & Tobacco stocks, each showing price versus our Fair Value estimate (as of Jul 10, 2026).

Stock Price Fair Value vs Fair Value
FB FB 49.00 PHP 49.03 PHP +0%
URC URC 61.20 PHP 47.86 PHP -22%
540743 540743 ₹556.65 ₹616.73 +11%
DNL DNL 3.64 PHP 3.43 PHP -6%
RFM RFM 5.41 PHP 8.87 PHP +64%
AXLM AXLM 2.70 PHP 2.89 PHP +7%
EASY BIO,Inc. 353810 6,120 KRW 17,633 KRW +188%
Helixmith Co 084990 3,315 KRW 823.10 KRW -75%
LFM LFM 26.60 PHP 7.12 PHP -73%
MSC Co 009780 6,020 KRW 22,224 KRW +269%

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Frequently asked questions

Is CNPF overvalued or undervalued?
As of Jul 10, 2026, our model estimates a fair value of 64.84 PHP versus a price of 32.50 PHP, about +100% (undervalued).
What is the fair value of CNPF?
Our model-based fair value for CNPF is 64.84 PHP (as of Jul 10, 2026), built from audited fundamentals. The current price is 32.50 PHP.
What is the quality score of CNPF?
CNPF has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the net profit margin of CNPF?
The net profit margin of CNPF is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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