Risk factor
Strong & resilient to price shocks
Profitability factor
Solid dividends
About
Central Retail Corporation Public Company Limited (CRC) functions as a diverse retail conglomerate, offering a broad spectrum of products and services across various formats in both Southeast Asia and Italy. Its extensive business operations are divided into four primary divisions: Fashion, Hardline goods, Food, and Property. CRC's product portfolio covers a wide array, including clothing, fashion accessories, consumer electronics, items for home improvement, and daily groceries. Beyond its core retail activities, the company also provides telemedicine services, facilitating online doctor consultations and the digital distribution of medications, dietary supplements, and medical supplies. Furthermore, CRC engages in real estate, leasing its commercial properties to external tenants. As of December 31, 2021, the corporation maintained a significant retail presence, operating 2,051 establishments throughout 57 provinces in Thailand, 120 stores across 40 provinces in Vietnam, and 9 outlets situated in 8 Italian cities. This enterprise, founded in 1947, maintains its headquarters in Bangkok, Thailand.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV
Target Price
The average target price of CRC.BK is 22 and suggests 3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation s