Cp Axtra - 1Q25E Profit Expected to Grow 9% YoY but Decline 30% QoQ
Based on the valuation metrics, we downgrade our current fundamental view from buy to undervalued, as the stock has only 5% upside and the long...
186 Views
CP Axtra - Upbeat 4Q24 and 2024 Earnings
We downgrade our rating to Neutral (previously Outperform), with a 12M forward fair value of Bt34.40, based on a required return of 3.2%.
230 Views
Cp Axtra - Expect 4Q24E Earnings Growth YoY and QoQ and 2024E Growth at 24%
Two-year profit growth is anticipated to achieve a CAGR of 13%, driven by higher sales and improved gross margins, supported by both organic growth...
329 Views
Cp Axtra - CP Day: CPAXT Investing Bt8bn in Happitat Project
Neutral view on recent deal: In the short term, it may pose downside risk of 2.8% and 1.1% to the 2025-26E profit forecasts due to an immediate...
224 Views
Cp Axtra - Upbeat 3Q24 Earnings; Earnings to Peak in 4Q
The current valuation has shifted to a neutral view on the fundamentals (previously undervalued), as the stock price has risen 11% over the past...
150 Views