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CP ALL Public Company (CPALL) Fair Value & Analysis

Consumer Defensive · TH · Market cap 412B THB

CA CP ALL Public Company CPALL · BK
Price48.75 THB
Fair Value53.81 THB
Upside+10.4%
Quality55/100
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Healthy Growth
Thin margins · 2.9% net margin
Moderate debt · generates free cash flow
3.57% dividend yield
Ranks above peers (9/15)
Narrow moat 44/100
Evidence: High Range 40.36 THB – 67.26 THB Share as image

Fair value as of: Jul 16, 2026

From 24 valuation models · updated 22 days ago

Share price +2.1% over the past month.

A solid business, screening 10% undervalued on our models.

What matters now

  • Our model range runs from 40.36 THB (bear) to 67.26 THB (bull), base 53.81 THB. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 55/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

66.52 THB 39.51 THB Fair Value 53.81 THB Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 39.51 THB – 66.52 THB · fair‑value band 40.36 THB – 67.26 THB · the 48.75 THB price screens below the 53.81 THB fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

CP ALL Public Company (CPALL) currently trades at 48.75 THB, while our model-based Fair Value estimate is 53.81 THB, implying the stock looks roughly 10.4% undervalued today. We read business quality at 55/100 (solid quality), in the Consumer Defensive 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.

Over the trailing twelve months, CP ALL Public Company generated revenue of 1.0T THB at a net margin of 2.9%. Revenue grew 5.8% year over year. It earns a return on equity of 10.0%. Net debt stands at 503B THB. Fundamentals as of Jul 16, 2026

Our scenario range runs from 40.36 THB (bear case) to 67.26 THB (bull case); at 48.75 THB, the current price sits within 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 7% below its 52-week high and 25% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -32% fair-value upside, at 10%, CPALL 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 34.67 THB 80.06 THB 161.13 THB 80
Residual Income 32.00 THB 34.86 THB 46.41 THB 76
Rev-Margin DCF 9.79 THB 28.94 THB 53.48 THB 74
All 24 models by family
DCF Models
FCF DCF 34.74 THB 82.81 THB 169.11 THB 38
Owner Earnings 38.15 THB 89.04 THB 180.40 THB 31
5Y Revenue Exit 9.79 THB 28.82 THB 53.57 THB 39
5Y EBITDA Exit 36.05 THB 82.37 THB 140.03 THB 41
5Y P/E Exit 24.77 THB 59.38 THB 98.34 THB 38
10Y Revenue Exit 16.70 THB 37.60 THB 67.62 THB 36
10Y EBITDA Exit 35.22 THB 77.50 THB 140.90 THB 37
10Y P/E Exit 27.61 THB 60.37 THB 105.56 THB 35
Earnings-Based
Graham-Dodd 21.52 THB 96.00 THB 131.53 THB 54
Lynch FV 24.95 THB 35.64 THB 46.33 THB 50
PEG = 1.0 24.95 THB 35.64 THB 46.33 THB 46
Dividend Discount
Gordon GGM 13.09 THB 28.58 THB 48.09 THB 70
DDM Multi-Stage 13.09 THB 23.41 THB 29.79 THB 61
Multiples
P/E Multiple 47.48 THB 63.31 THB 79.13 THB 63
P/S Multiple 40.36 THB 53.81 THB 67.26 THB 58
P/B Multiple 40.36 THB 53.81 THB 67.26 THB 55
EV/EBIT 9.63 THB 20.66 THB 31.69 THB 53
EV/EBITDA 41.77 THB 63.52 THB 85.26 THB 54
EV/Revenue 8.41 THB 17.96 THB 43
Asset-Based
NCAV (Graham) 18.60 THB 24.93 THB 37.21 THB 50
Growth DCF
Growth DCF 34.67 THB 80.06 THB 161.13 THB 80
Rev-Margin DCF 9.79 THB 28.94 THB 53.48 THB 74
Economic Profit
Residual Income 32.00 THB 34.86 THB 46.41 THB 76
Growth Earnings
Growth-Adj P/E 39.68 THB 56.69 THB 73.69 THB 68

Widest divergence: DCF Models (60.37 THB) versus Dividend Discount (23.41 THB). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 1.0T THB
Revenue growth (YoY) +5.8%
Net margin 2.9%
Return on equity 10.0%
Free cash flow 38.6B THB FY2025
P/E ratio 14.1
More key figures
Operating margin 5.9%
EPS (TTM) 3.28 THB
Dividend yield 3.6%
EPS growth (YoY) +21.5%
Net debt 503B THB FY2025

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 49 · Market factors (momentum, volatility) 65

Profitability 42
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 58
Distance to the 52-week high (market factor)
Net Issuance 84
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.

About the company

CP ALL Public Company Limited, together with its subsidiaries, operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally. The company operates through four segments: Convenience stores, Wholesale, Retail and Mall, and Other.

Full company description

CP ALL Public Company Limited, together with its subsidiaries, operates convenience stores under the 7-Eleven name to other retailers primarily in Thailand, Malaysia, and internationally. The company operates through four segments: Convenience stores, Wholesale, Retail and Mall, and Other. It also operates frozen food plants and bakeries; distributes various commercial cards and tickets, and hardware and equipment; manufactures, imports, exports, distributes, and trades in food products. In addition, the company designs and develops IT system; and offers bill payment, training and seminar, digital technology, marketing activity, electronic payment agent, asset counting, logistics and distribution of merchandise, technical and supporting services, warehouse management, consulting, building rental, and freight, delivery, and rental services. Further, the company engages in e-commerce, catalog, insurance broker, and telecommunication businesses; commercial trading; investing in retail business and mall, and commercial space management; and distribution, installation, repair, and maintenance of retail equipment, as well as production of roasted coffee beans. Additionally, it operates food and beverages stores, restaurant, and educational institutions; provides educational development fund; produces ready-to-eat meals, raw materials, and dairy products; and distributes goods and equipment for convenience stores. It is also involved in retail and related business operation under the Lotus's brand name; operation of stores under Makro name; and production of raw and cooked protein products. The company was formerly known as C.P. Seven Eleven Public Company Limited. CP ALL Public Company Limited was founded in 1988 and is headquartered in Nonthaburi, Thailand.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CP ALL Public Company reported revenue of 991B THB in FY2025 versus 565B THB in FY2021, a compound +15.1%/yr. Reported net income was 28.2B THB in FY2025, compounding +21.4%/yr from FY2021.

Growth Quality 84/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
991B THB
Latest YoY
+3.3%
Avg. growth/yr (3Y)
+6.1%
Avg. growth/yr (5Y)
+13.5%
Avg. growth/yr (22Y)
+13.7%
Revenue +15.1%/yr
FY21 565B THB
FY22 829B THB
FY23 895B THB
FY24 959B THB
FY25 991B THB
Net income +21.4%/yr
FY21 13.0B THB
FY22 13.3B THB
FY23 18.5B THB
FY24 25.3B THB
FY25 28.2B THB

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Cite: Fair Value Calculator (2026). "CP ALL Public Company Fair Value". https://www.fairvalue-calculator.com/stock/CPALL

Peer Group

Grocery Stores · 82 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 55 · Below median
Fair Value upside +10% · Above median
Return on equity (TTM) 10% · Below median
Return on assets 4% · Below median
Net margin (TTM) 3% · Above median
Operating margin (TTM) 6% · Above median
Revenue growth 6% · Above median
Dividend yield (TTM) 3.6% · Top 25%
Debt / equity 0.79× · Higher than 75% of peers

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/E (TTM) 14.1× · Cheaper than 75% of peers
P/B 1.24× · Cheaper than median
P/S (TTM) 0.40× · Pricier than median
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 8.2× · Pricier than median
PEG 1.51× · 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 47 · sector 34
FUTURE 29 · sector 17
PAST 40 · sector 51
HEALTH 60 · sector 92
DIVIDEND 71 · sector 47

Insider activity: 40/100

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$65.49 C$44.44 -32%
Koninklijke Ahold Delhaize N.V AD €36.30 €53.50 +47%
The Kroger Co KR $58.82 $28.19 -52%
Woolworths Group WOW A$39.20 A$13.40 -66%
George Weston Limited WN C$100.98 C$63.61 -37%
Coles Group COL A$23.56 A$15.86 -33%
Metro Inc MRU C$93.64 C$94.01 +0%
Carrefour SA CA €16.40 €11.51 -30%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%
Kesko Oyj KESKOA €19.94 €12.13 -39%

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Frequently asked questions

Is CP ALL Public Company (CPALL) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 53.81 THB versus a price of 48.75 THB, about +10% (undervalued).
What is the fair value of CPALL?
Our model-based fair value for CP ALL Public Company is 53.81 THB (as of Jul 16, 2026), built from audited fundamentals. The current price is 48.75 THB.
What is the quality score of CPALL?
CP ALL Public Company has a Quality Score of 55/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of CP ALL Public Company (CPALL)?
CP ALL Public Company reported trailing-twelve-month revenue of about 1.0T THB (latest available figure, as of Jul 16, 2026).
What is the net profit margin of CPALL?
The net profit margin of CP ALL Public Company is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. Based on the latest reported figures.
Does CP ALL Public Company pay a dividend?
CP ALL Public Company currently shows a dividend yield of about 3.57% relative to its recent price (as of Jul 16, 2026).

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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