CP Axtra Public Company Limited (CPAXT) fair value: what the stock is really worth
We calculate from audited financials what CP Axtra Public Company Limited is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.
Compare price with fair valuebelow fair value = cheap, above = expensive
Check the quality50 and up solid, 75 and up strong
Watch it or check another stockalert when fair value or trend changes
A solid business, trading 16% below our fair value of 17.42 THB.
As of Aug 13, 2026, the fair value of CP Axtra Public Company Limited is 17.42 THB per share against a price of 14.60 THB, so the fair value sits 19% above the price. A model estimate from reported figures, not an analyst target.
!Mixed Growth (revenue 3y +3.6 %/yr)
!Thin margins · 1.8% net margin
✓Low debt · generates free cash flow
·4.86% dividend yield
!Mixed vs. peers (8/15)
!Narrow moat 30/100
!Evidence only low, so the estimate is less certain
!Weak on future: 24 out of 100
!Weak on past: 12 out of 100
Evidence: LowRange 11.44 THB to 19.83 THB
Fair value as of: Aug 13, 2026
From 25 valuation models · updated 26 days ago
Fair value updated Aug 13, 2026, revised from 17.04 THB to 17.42 THB (+2.2%) since Jul 17, 2026. Share price −2.7% over the past month.
This is the short version. In the app for CP Axtra Public Company Limited:
Watch CP Axtra Public Company Limited for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for free
69 individual criteria per stock, every one traceable See the method →
What matters now
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
The price sits in the lower half of our model range, the side with the larger margin of safety.
Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Price vs Fair Value (23 months)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
23‑month range 13.53 THB – 33.26 THB · fair‑value band 11.44 THB – 19.83 THB · the 14.60 THB price screens below the 17.42 THB fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
CP Axtra Public Company Limited (CPAXT) currently trades at 14.60 THB, while our model-based Fair Value estimate is 17.42 THB, implying the stock looks roughly 16.2% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Consumer Defensive sector. Bull case: the Asset-Based group reads highest at a median of 19.24 THB per share, and 12 of the 25 models we run sit above the 14.60 THB price. Bear case: the Growth DCF group reads lowest at 2.61 THB, and 13 of the 25 models stay below the price. Evidence for this calculation is low.
Over the trailing twelve months, CP Axtra Public Company Limited generated revenue of 524B THB at a net margin of 1.8%. Revenue grew 4.7% year over year. It earns a return on equity of 3.1%. Net debt stands at 98.3B THB. Fundamentals as of Aug 13, 2026
Scenario range: 11.44 THB (bear) to 19.83 THB (bull), the price of 14.60 THB sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades about 35% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −31% fair-value upside, at 19%, CPAXT screens cheaper than that median.
Fair Value models
Based on fiscal year 2025 figures (about 8 months old). Earnings retained since then (0.1307 THB per share) are deliberately not added.
Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →
ModelBear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence
Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
P/E ratio16.2
P/S ratio0.29P/E × margin
EPS (TTM)0.9000 THBprice ÷ EPS = P/E 16.2
Dividend yield4.9%payout 78.9%
Net margin1.8%FY2025
Return on equity3.1%TTM
More key figures
Profitability
Return on assets (EBIT)2.9%avg 5y
Operating margin3.4%TTM
Growth
Revenue (TTM)524B THBTTM
Revenue growth (YoY)+4.7%3y avg +3.6%
EPS growth (YoY)+5.7%
Balance sheet & cash flow
Free cash flow5.1B THBFY2025
Net debt98.3B THBFY2025 · ≈ 19.4 yrs of FCF
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Overall quality51/100
Of which business quality 49
· Market factors (momentum, volatility) 39
Profitability32
Margins and returns on capital today
Quality Growth37
Are margins and returns improving?
Cashflow37
Earnings quality: real cash, not paper profit
Fin. Strength39
Balance sheet, leverage, solvency risk
Investment94
Disciplined investing over empire-building
Low Volatility79
Calm price path (market factor)
Momentum29
Price trend over the last 3–12 months (market factor)
52W Momentum11
Distance to the 52-week high (market factor)
Net Issuance84
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
CP Axtra Public Company Limited engages in the wholesale and retail businesses of food and non-food products in Thailand, Malaysia, and internationally. The company operates through the Wholesale and the Retail and Mall segments.
Full company description
CP Axtra Public Company Limited engages in the wholesale and retail businesses of food and non-food products in Thailand, Malaysia, and internationally. The company operates through the Wholesale and the Retail and Mall segments. It offers general consumer goods, including fresh food, dry goods, and non-food products under the Makro brand name through its online platform and wholesale stores. The company is also involved in the import and trade of food products; warehouse management; investment in commercial space management; production of raw and cooked protein products, dairy products, and other food related products; building rental and integrated logistics services; and operation of restaurants. In addition, it provides freight, delivery rental, and storage services, as well as technical and supporting services. The company was formerly known as Siam Makro Public Company Limited and changed its name to CP Axtra Public Company Limited in June 2023. The company was incorporated in 1988 and is headquartered in Bangkok, Thailand.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
CP Axtra Public Company Limited reported revenue of 518B THB in FY2025 versus 265B THB in FY2021, a compound +18.2%/yr. Reported net income was 9.4B THB in FY2025, compounding −8.4%/yr from FY2021.
Growth Quality 51/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
518B THB
Latest YoY
+1.8%
Avg. revenue growth/yr (3Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.6%
Value creation/yr (5Y, in THB) ⓘEarnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in THB: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−1.6%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share−6.5%
Dividend yield4.9%
Operating margin (EBIT) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4.0% (2021) → 3.2% (2025) · steady
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "CP Axtra Public Company Limited Fair Value". https://www.fairvalue-calculator.com/stock/CPAXT
Peer Group
Food Distribution · 80 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.
Valuation
Quality Score51 · Below median
Fair Value upside+18% · Above median
Profitability
Return on equity (TTM)3% · Below median
Return on assets2% · Below median
Net margin (TTM)2% · Below median
Operating margin (TTM)3% · Above median
Growth and dividend
Revenue growth5% · Above median
Dividend yield (TTM)4.9% · Top 25%
Balance sheet
Debt / equity0.27× · Above median
Valuation Multiples vs Food Distribution median · lower = cheaper
P/E (TTM)16.2× · Cheaper than median
P/B0.52× · Cheapest 25%
P/S (TTM)0.30× · Cheaper than median
P/FCF0.9× · Cheaper than median
EV/EBITDA7.9× · Pricier than median
PEG1.98× · Priciest 25%
What the price implies (reverse DCF)
The inverse question: what free-cash-flow growth must CP Axtra Public Company Limited deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.
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.
This stockSector peers
VALUE59· sector 15
FUTURE24· sector 12
PAST12· sector 32
HEALTH87· sector 94
DIVIDEND97· sector 56
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
Similar stocks
10 more Food Distribution stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
Is CP Axtra Public Company Limited (CPAXT) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 17.42 THB versus a price of 14.60 THB, about +19% upside (undervalued).
What is the fair value of CPAXT?
Our model-based fair value for CP Axtra Public Company Limited is 17.42 THB (as of Aug 13, 2026), built from audited fundamentals. The current price: 14.60 THB.
What is the quality score of CPAXT?
CP Axtra Public Company Limited has a Quality Score of 51/100. 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 price target for CP Axtra Public Company Limited (CPAXT)?
Our model-based price target is the fair value of 17.42 THB (as of Aug 13, 2026) from 25 valuation models. Cautious scenario 11.44 THB, optimistic scenario 19.83 THB. It is a calculation from audited fundamentals, not an analyst target.
What is the CP Axtra Public Company Limited stock forecast for 2026?
Our models put fair value at 17.42 THB, about +19% upside versus a price of 14.60 THB (undervalued). Cautious scenario 11.44 THB, optimistic scenario 19.83 THB. The calculation is refreshed regularly with new filings.
What is the revenue of CP Axtra Public Company Limited (CPAXT)?
CP Axtra Public Company Limited reported trailing-twelve-month revenue of about 524B THB (latest available figure, as of Aug 13, 2026).
What is the net profit margin of CPAXT?
The net profit margin of CP Axtra Public Company Limited is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does CP Axtra Public Company Limited pay a dividend?
CP Axtra Public Company Limited currently shows a dividend yield of about 4.86% relative to its recent price (as of Aug 13, 2026).
What growth is priced into CP Axtra Public Company Limited (CPAXT)?
For today's price to be fair in a discounted-cash-flow model, CP Axtra Public Company Limited would have to grow free cash flow by +20.9 % per year for ten years (discount rate 10.1 %, then 2 % perpetual growth). Over the last 4 years revenue grew +18.2 % per year. As of Aug 13, 2026.
What discount rate (WACC) does the fair value of CPAXT use?
Our models discount CP Axtra Public Company Limited at 10.1 %: a base by market capitalisation (mid), damped by beta 0.17, country premium for Thailand. The same rate applies in all 26 models.
What is the intrinsic value of CP Axtra Public Company Limited (CPAXT)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For CP Axtra Public Company Limited it is 17.42 THB per share (as of Aug 13, 2026), against a price of 14.60 THB. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is CP Axtra Public Company Limited stock overvalued or undervalued in 2026?
As of Aug 13, 2026, CPAXT trades below its calculated fair value: price 14.60 THB, fair value 17.42 THB, a gap of about +19% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CPAXT?
No. The price is what the market pays today (14.60 THB); the fair value is what the company's own numbers justify (17.42 THB). For CP Axtra Public Company Limited the two are 2.82 THB per share apart. That gap is exactly why we show both numbers side by side.
How much is CP Axtra Public Company Limited worth?
The market values CP Axtra Public Company Limited at about 155B THB (market capitalisation, as of Aug 13, 2026). Per share that is 14.60 THB; our models calculate a fair value of 17.42 THB per share.
What do the bullish and bearish scenarios say about CPAXT?
Our models span a range for CP Axtra Public Company Limited: cautious scenario 11.44 THB, base 17.42 THB, optimistic 19.83 THB per share (as of Aug 13, 2026, price 14.60 THB). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of CPAXT?
CP Axtra Public Company Limited trades at a price-to-earnings ratio of 16.2 (as of Aug 13, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 17.42 THB is built from several models across several years. Other multiples: PEG 2.0, P/B 0.5, P/S 0.3, EV/EBITDA 7.9.
What is the PEG ratio of CPAXT?
The PEG ratio of CP Axtra Public Company Limited is 1.98 (P/E divided by earnings growth, as of Aug 13, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of CP Axtra Public Company Limited (CPAXT)?
Balance-sheet figures for CP Axtra Public Company Limited (as of Aug 13, 2026): return on equity 3.1%, debt of 0.27 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is CPAXT from its 52-week high?
CP Axtra Public Company Limited trades at 14.60 THB, about 35% below its 52-week high of 22.61 THB and 9% above the low of 13.43 THB (as of Aug 13, 2026). Distance from the high says nothing about value: that is what the fair value of 17.42 THB is for.
Which stocks are comparable to CP Axtra Public Company Limited?
From the same area (Consumer Defensive) we also value Sysco Corporation, US Foods Holding, Performance Food Group, Jerónimo Martins, SGPS, S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is CP Axtra Public Company Limited stock attractive at the current price?
The data as of Aug 13, 2026: price 14.60 THB, calculated fair value 17.42 THB (+19%), Quality Score 51/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CPAXT calculated?
We run CP Axtra Public Company Limited through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 17.42 THB, with the spread shown as a cautious and an optimistic scenario.
Free · no account needed
Watch CP Axtra Public Company Limited in the live analysis
One click puts CP Axtra Public Company Limited on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
