- Central Pattana’s net income for the first quarter was 4.23 billion baht.
- This net income figure met the financial analysts’ estimates of 4.23 billion baht.
- The Earnings Per Share (EPS) was recorded at 0.94 baht for the quarter.
- The company has a strong buy recommendation with 22 analysts rating it as a buy.
- There are currently 3 analysts who recommend holding the stock.
- No analysts have rated the stock as a sell at this time.
Central Pattana Pub on Smartkarma
Analyst coverage on Central Pattana Pub by Jacob Cheng on Smartkarma highlights the company as Thailand’s largest retail property developer poised to benefit from tourism recovery. Cheng’s research report titled “Central Pattana: Thailand’s Largest Retail Property Developer to Ride on Domestic & Tourist Recovery” emphasizes the company’s strong capital management strategies that are expected to drive returns for shareholders. Central Pattana operates in various sectors including retail, office, residential, and hotels, with a focus on enhancing shareholder value through initiatives such as increasing dividend payouts and de-leveraging.
Despite a mixed macro outlook for Thailand, the analyst is optimistic about Central Pattana’s potential growth post-COVID due to the ongoing recovery in tourism. Cheng’s bullish sentiment on Central Pattana reflects confidence in the company’s ability to navigate market challenges and capitalize on emerging opportunities within the retail property development sector in Thailand.
A look at Central Pattana Pub Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Central Pattana Pub, a real estate development company, shows a positive long-term outlook according to Smartkarma Smart Scores. With high scores in Growth and Momentum, the company is positioned for future expansion and market traction. Their projects, such as Central Plaza Lardprao and Central Festival Center Pattaya, exhibit strong potential for continued growth and success.
Additionally, Central Pattana Pub‘s Resilience score indicates a level of stability in challenging times, providing investors with confidence in the company’s ability to weather market fluctuations. While Value and Dividend scores are slightly lower, the strong performances in other areas suggest promising prospects for Central Pattana Pub in the long run.
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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