- Central Pattana reported a third-quarter net income of 4.13 billion baht, surpassing the estimate of 4.03 billion baht.
- Total revenue for the quarter was 12.28 billion baht.
- Earnings per share (EPS) stood at 0.92 baht.
- The company aims for a 10% compounded annual growth rate (CAGR) in total revenue from 2024 to 2028.
- Plans are in place to add approximately 100,000 square meters of additional retail space each year from 2024 to 2028.
- A robust pipeline of residential launches is expected over the next five years.
- Central Pattana will invest in five mega mixed-use development projects over the next 5-10 years, including the Dusit Central Park project.
- A five-year investment budget of 121 billion baht has been allocated, with the majority funded by operating cash flows.
- Investment analysts have recommended 22 buy ratings, 2 hold ratings, and no sell ratings for the company’s stock.
A look at Central Pattana Pub Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts from Smartkarma have conducted an assessment of Central Pattana Public Company Limited utilizing their Smart Scores model, which rates companies on various factors essential for long-term success. According to the scores for Central Pattana Pub, the company received a high score in Momentum, indicating strong positive trends in the company’s performance. Furthermore, the company was also rated well in Growth and Dividend, suggesting promising future expansion and potential returns for investors.
Despite scoring lower in Value and Resilience, the overall outlook for Central Pattana Pub seems positive based on the Smartkarma Smart Scores. With a diversified portfolio of properties, including shopping centers, condominiums, and offices, the company, known for projects like Central Plaza Lardprao and Central Festival Center Pattaya, appears well-positioned for long-term growth and profitability.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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