Central Pattana Public Company Limited (CPNNF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Central Pattana Public Company Limited (CPNNF) trades at $1.56 with AI Score 48/100 (Grade C). Central Pattana Public Company Limited (CPN) is a leading real estate developer and manager in Thailand, focusing on shopping centers, office buildings, and residential properties. Market cap: $7.00B, Sector: Real estate.
Price live · AI analysis from Mar 16, 2026Analyst Coverage for CPNNF: CPNNF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates CPNNF against Real Estate peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
CPNNF: the 1 perspectives are evenly split.
How is this calculated? →Central Pattana Public Company Limited (CPNNF) Real Estate Portfolio & Strategy
Central Pattana Public Company Limited (CPN) is a prominent Thai real estate company specializing in developing and managing shopping centers, office buildings, and residential properties. With a market capitalization of $7.00B and a dividend yield of 3.74%, CPN showcases a strong presence in Thailand's diversified real estate sector.
What Is the Investment Thesis for CPNNF?
Central Pattana Public Company Limited (CPNNF) presents a compelling investment case based on its strong market position in Thailand's real estate sector. With a market capitalization of $7.00B and a healthy profit margin of 35.7%, the company demonstrates financial stability. A key value driver is its diversified portfolio of shopping centers, office buildings, and residential properties, providing multiple revenue streams. The company's beta of 0.60 suggests lower volatility compared to the market, making it a noteworthy option for risk-averse investors. The dividend yield of 3.74% offers a steady income stream. Growth catalysts include expansion into new markets within Thailand and further development of its existing properties. However, potential risks include economic downturns affecting consumer spending and increased competition in the real estate sector. Overall, Central Pattana's established presence, diversified portfolio, and financial performance support a positive investment outlook.
Based on FMP financials and quantitative analysis
CPNNF Key Highlights
- Market Cap of $7.00B indicates a strong and established presence in the Thai real estate market.
- P/E ratio of 14.7 suggests the company is reasonably valued compared to its earnings.
- Profit Margin of 35.7% highlights efficient operations and strong profitability.
- Gross Margin of 55.7% demonstrates effective cost management and pricing strategies.
- Dividend Yield of 3.74% provides an attractive income stream for investors.
Who Are CPNNF's Competitors?
CPNNF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AYAAF Ayala Land, Inc. | $0.24 | -4.00% | $3.43B | 44 |
| CWQXY Castellum AB (publ) | $28.21 | +5.46% | $6.48B | 49 |
| FNCDY Covivio | $17.01 | -0.12% | $7.54B | 44 |
| GECFF Gecina S.A. | $84.23 | -1.72% | $6.24B | 50 |
| GSEFF Covivio | $63.01 | +0.00% | $6.98B | 45 |
| STRS Stratus Properties Inc. | $28.14 | +1.99% | $224.64M | 63 |
| SNLKF Sinolink Worldwide Holdings Limited | $0.02 | -93.87% | $8.73M | 62 |
| CHCI Comstock Holding Companies, Inc. | $16.47 | +2.36% | $165.34M | 59 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are CPNNF's Key Strengths?
- Diversified portfolio of real estate assets.
- Strong brand recognition and reputation.
- Experienced management team.
- High profit margin.
What Are CPNNF's Weaknesses?
- Reliance on the Thai economy.
- Exposure to fluctuations in the real estate market.
- Potential impact from political instability.
- Limited international presence.
What Could Drive CPNNF Stock Higher?
- Expansion of existing shopping center properties to attract more tenants and customers.
- Development of new residential projects in high-growth areas.
- Potential strategic partnerships to expand market reach within the next year.
- Continued focus on enhancing the customer experience through innovative services.
- Launch of new marketing campaigns to increase brand awareness in Q3 2026.
What Are the Key Risks for CPNNF?
- Financial-distress signal — its Altman Z-Score of 1.73 sits in the distress zone (elevated bankruptcy risk).
- Economic downturns in Thailand affecting consumer spending and retail sales.
- Increased competition from other real estate developers.
- Changes in government regulations impacting the real estate sector.
- Fluctuations in interest rates affecting property values and borrowing costs.
- Geopolitical instability impacting tourism and investment.
What Are the Growth Opportunities for CPNNF?
- Expansion of Retail Spaces: Central Pattana can capitalize on the increasing urbanization and consumer spending in Thailand by expanding its network of shopping centers. The retail market in Thailand is expected to grow, driven by a rising middle class and increasing tourism. By strategically locating new shopping centers in high-growth areas and offering a diverse range of retail options, CPN can attract a larger customer base and increase its rental income. Timeline: Ongoing.
- Development of Residential Properties: The demand for residential properties, particularly condominiums and houses, is growing in Thailand's urban centers. Central Pattana can leverage its expertise in property development to create high-quality residential projects that cater to the needs of different customer segments. By focusing on prime locations and offering attractive amenities, CPN can capture a significant share of the residential market. Market size: Multi-billion dollar residential property market in Thailand. Timeline: Ongoing.
- Enhancement of Existing Properties: Central Pattana can enhance the value of its existing properties by undertaking renovation and expansion projects. By upgrading facilities, introducing new retail concepts, and improving the overall customer experience, CPN can attract more tenants and customers, leading to increased rental income and property values. This strategy allows CPN to maximize the potential of its existing assets and maintain its competitive edge. Timeline: Ongoing.
- Diversification into New Business Areas: Central Pattana can diversify its revenue streams by expanding into new business areas, such as hotels, theme parks, and entertainment venues. By leveraging its expertise in property development and management, CPN can create unique and attractive destinations that cater to both local and international tourists. This diversification strategy can help CPN reduce its reliance on traditional real estate activities and enhance its overall profitability. Timeline: 3-5 years.
- Strategic Partnerships and Acquisitions: Central Pattana can pursue strategic partnerships and acquisitions to expand its market reach and enhance its capabilities. By collaborating with other real estate developers, retailers, and service providers, CPN can access new markets, technologies, and expertise. Acquisitions of complementary businesses can also help CPN diversify its portfolio and strengthen its competitive position. Timeline: Ongoing.
What Opportunities Does CPNNF Have?
- Expansion into new markets within Thailand.
- Development of new types of properties.
- Strategic partnerships and acquisitions.
- Capitalizing on the growth of tourism.
What Threats Does CPNNF Face?
- Economic downturns affecting consumer spending.
- Increased competition in the real estate sector.
- Changes in government regulations.
- Rising interest rates.
What Are CPNNF's Competitive Advantages?
- Strong brand recognition and reputation in Thailand.
- Diversified portfolio of real estate assets.
- Extensive network of shopping centers in prime locations.
- Experienced management team with a proven track record.
What Does CPNNF Do?
Central Pattana Public Company Limited, established in 1980 and headquartered in Bangkok, Thailand, is a major player in the Thai real estate market. The company's core business revolves around investing in, developing, and managing a diverse portfolio of real estate assets. These include shopping centers that serve as community hubs, modern office buildings catering to businesses, and residential properties ranging from condominiums to houses. Beyond development and management, Central Pattana offers property management consulting and corporate services, providing comprehensive solutions for property owners and investors. CPN's revenue streams are diversified, including rental income from its properties, sales of land, houses, and condominium units, and revenue from utility services provided to shopping centers. The company also operates food and beverage outlets within its properties, enhancing the customer experience. Furthermore, Central Pattana has expanded into leisure and hospitality, operating play lands, water theme parks, and hotels, adding to its diverse portfolio. The company also manages real estate investment trusts (REITs), condominium juristic persons, and housing estate juristic persons, showcasing its expertise in property management. Training and personnel development services further complement its offerings, ensuring a skilled workforce to support its operations. Central Pattana's commitment to innovation and customer satisfaction has solidified its position as a leader in the Thai real estate market.
What Products and Services Does CPNNF Offer?
- Develops and manages shopping centers in Thailand.
- Invests in office buildings and rents out spaces.
- Constructs and sells condominiums and residential buildings.
- Offers property management consulting services.
- Provides utility services for shopping centers.
- Operates play lands and water theme parks.
- Manages real estate investment trusts (REITs).
- Offers training and personnel development services.
How Does CPNNF Make Money?
- Generates revenue through rental income from shopping centers and office buildings.
- Earns revenue from the sale of land, houses, and condominium units.
- Provides property management and consulting services for fees.
- Operates play lands, water theme parks, and hotels for revenue.
What Industry Does CPNNF Operate In?
Central Pattana Public Company Limited operates within Thailand's diversified real estate sector, which is influenced by economic growth, urbanization, and tourism. The market is competitive, with key players including AYAAF (Asset World Corp Public Company Limited), CWQXY (Siam Cement Public Company Limited), and FNCDY (Frasers Property Thailand Public Company Limited). Trends include a growing demand for modern retail spaces, office buildings, and residential properties, particularly in urban areas. Central Pattana's diversified portfolio and established brand position it well to capitalize on these trends, although it faces competition from both local and international developers.
Who Are CPNNF's Key Customers?
- Retail tenants in shopping centers.
- Businesses leasing office spaces.
- Individuals and families purchasing residential properties.
- Visitors to play lands, water theme parks, and hotels.
- Property owners seeking management and consulting services.
Central Pattana Public Company Limited (CPNNF) Valuation Context
Valued at $7.00B, CPNNF is classified as a mid-cap stock. Relative to its peer group, CPNNF's quantitative score of 48/100 is roughly in line with the peer average of 46/100.
CPNNF Revenue & Earnings Trend
In Q1 2026, CPNNF generated $13.53B in top-line revenue, marking a sequential decrease of 28.9%. The company recorded net income of $4.98B, with diluted EPS of $1.11. Quarter-over-quarter revenue has been mixed, typical for a mid-cap company operating in Real Estate. Across the four most recent quarters, CPNNF averaged $1.09 in diluted EPS.
Company Profile
Central Pattana Public Company Limited operates in the Real Estate - Diversified industry within the Real Estate sector. It is headquartered in Bangkok, TH. The company is led by CEO Wallaya Chirathivat. CPNNF has traded publicly since 2022.
ROE 18%Key Financial Metrics
Return on equity for Central Pattana Public Company Limited stands at 18.2%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.4%, showing how much profit it generates from its asset base. CPNNF trades at a trailing price-to-earnings ratio of 14.67, below the Real Estate sector average of ~20x. Its free cash flow yield is 13.5%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.07 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 6.8%, the inverse of the P/E and a quick read on earnings relative to price.
F-Score 8/9Financial Health
Central Pattana Public Company Limited's Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.73 places it in the distress zone, a signal of elevated financial risk.
FY2026 estForward Outlook
Wall Street analysts project Central Pattana Public Company Limited revenue of about $54.98B for fiscal 2026, with EPS near $0.00. The estimate reflects 13 contributing analysts.
CPNNF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Recent insider buying signals confidence in Central Pattana's future, suggesting that key stakeholders believe in the company's growth potential.
- Community sentiment has shifted positively, with discussions highlighting the company's expansion plans and increasing retail presence in Thailand.
- Market perception is buoyed by recent collaborations with international brands, enhancing its competitive edge in the retail sector.
- The company's focus on sustainability initiatives resonates well with socially conscious investors, further boosting its appeal.
Bear Case
- Concerns about the economic impact of inflation on consumer spending could hinder retail growth, leading to cautious sentiment among investors.
- Some community members express skepticism about the pace of recovery in the retail sector post-pandemic, fearing a slow rebound.
- Recent news about increased competition in the retail space raises doubts about Central Pattana's market share and profitability.
- Investor sentiment is tempered by potential regulatory changes that could impact operations and profitability in the retail and property sectors.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $13.53B | $4.98B | $1.11 |
| Q4 2025 | $19.02B | $4.88B | $1.09 |
| Q3 2025 | $11.92B | $5.42B | $1.21 |
| Q2 2025 | $11.66B | $4.30B | $0.96 |
Based on FMP financials and quantitative analysis
CPNNF Latest News
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From Bangkok to the Nation: Central Pattana Unites Communities in Thailand's Largest Pride Movement
Yahoo! Finance: CPNNF News · Jun 2, 2026
CPNNF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for CPNNF.
Price Targets
Wall Street price target analysis for CPNNF.
CPNNF MoonshotScore
What does this score mean?
The MoonshotScore rates CPNNF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Leadership: Wallaya Chirathivat
CEO
Wallaya Chirathivat is the CEO of Central Pattana Public Company Limited. She has extensive experience in the real estate industry, with a strong background in property development, investment, and management. Her career includes various leadership roles within the Central Group, a leading retail and real estate conglomerate in Thailand. She holds degrees from prestigious universities and has participated in executive education programs focused on leadership and strategy.
Track Record: Under Wallaya Chirathivat's leadership, Central Pattana has continued to expand its portfolio of shopping centers and residential properties. She has overseen the development of several key projects, contributing to the company's growth and profitability. Her strategic decisions have focused on enhancing the customer experience, diversifying revenue streams, and strengthening the company's competitive position in the Thai real estate market.
CPNNF OTC Market Information
The OTC Other tier represents the lowest tier of over-the-counter (OTC) markets, indicating that Central Pattana Public Company Limited (CPNNF) may have limited regulatory oversight and reporting requirements compared to companies listed on major exchanges like the NYSE or NASDAQ. Companies in this tier may not meet the minimum financial standards or disclosure requirements necessary for listing on higher-tier exchanges. This tier is generally associated with higher risk due to the potential for less transparency and greater price volatility. Investors should exercise caution and conduct thorough due diligence before investing in OTC Other securities.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited regulatory oversight and disclosure requirements.
- Potential for lower trading volume and liquidity.
- Greater price volatility compared to exchange-listed stocks.
- Increased risk of fraud or manipulation.
- Difficulty in obtaining reliable information about the company.
- Verify the company's registration and legal status.
- Review available financial statements and disclosures.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Monitor trading volume and price activity.
- Understand the risks associated with OTC investing.
- Consult with a qualified financial advisor.
- Established operating history in the Thai real estate market.
- Strong brand recognition and reputation in Thailand.
- Experienced management team with a proven track record.
- Positive financial performance and profitability.
- Compliance with applicable regulations and reporting requirements (if available).
Central Pattana Public Company Limited Real Estate Stock: Key Questions Answered
What does Central Pattana Public Company Limited do?
Central Pattana Public Company Limited (CPN) is a leading real estate developer and manager in Thailand. The company develops, invests in, and manages shopping centers, office buildings, residential properties, and other real estate assets. CPN's shopping centers serve as community hubs, offering a wide range of retail, dining, and entertainment options. The company also provides property management consulting and corporate services, catering to various real estate needs. With a strong presence in Thailand, CPN plays a significant role in shaping the country's real estate landscape.
What do analysts say about CPNNF stock?
Analyst coverage of Central Pattana Public Company Limited (CPNNF) is limited due to its OTC listing. However, key valuation metrics such as the P/E ratio of 14.7 and the dividend yield of 3.74% provide insights into the company's financial performance. Growth considerations include the company's expansion plans, diversification efforts, and the overall health of the Thai economy. Investors should conduct their own research and consider their risk tolerance before making any investment decisions. No buy or sell recommendations are available.
What are the main risks for CPNNF?
Central Pattana Public Company Limited (CPNNF) faces several risks, including economic downturns in Thailand that could affect consumer spending and retail sales. Increased competition from other real estate developers and changes in government regulations could also impact the company's performance. Fluctuations in interest rates could affect property values and borrowing costs, while geopolitical instability could impact tourism and investment. Investors should carefully consider these risks before investing in CPNNF.
What are the key factors to evaluate for CPNNF?
Central Pattana Public Company Limited (CPNNF) holds an AI score of 48/100 (low). P/E: 14.7x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does CPNNF data refresh on this page?
CPNNF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven CPNNF's recent stock price performance?
Central Pattana Public Company Limited (CPNNF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified portfolio of real estate assets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider CPNNF overvalued or undervalued right now?
Central Pattana Public Company Limited (CPNNF) trades at 14.7x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying CPNNF?
Before investing in Central Pattana Public Company Limited (CPNNF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.
- OTC market data may be less reliable than exchange-listed data.
- Analyst opinions are limited due to the OTC listing.