CPPBY (Central Pattana PCL) Capex-to-Operating-Income: 0.04 (As of Mar. 2026) — 56% Below Median


CPPBY Central Pattana PCL CPPBY
92 GF Score
Price $23.40
GF Value $22.59
! 8 Warning Signs
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What is Central Pattana PCL Capex-to-Operating-Income?

Central Pattana PCL CPPBY 92 Capex-to-Operating-Income is 0.04 as of Mar. 2026, which is 56% below its 10-year median of 0.09. GuruFocus rates CPPBY with a GF Score™ of 92/100 and a GF Value™ of $22.59. The stock has 8 warning signs investors should review. Among 822 Real Estate companies, Central Pattana PCL ranks better than 61.68% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Central Pattana PCL's Capital Expenditure for the three months ended in Mar. 2026 was $-7.35 Mil. Its Operating Income for the three months ended in Mar. 2026 was $169.19 Mil.

Hence, Central Pattana PCL's Capex-to-Operating-Income for the three months ended in Mar. 2026 was 0.04.


Central Pattana PCL  (OTCPK:CPPBY) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Central Pattana PCL Capex-to-Operating-Income Related Terms


Central Pattana PCL Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Central Pattana PCL's Capex-to-Operating-Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Central Pattana PCL Capex-to-Operating-Income Chart

Central Pattana PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.10 0.08 0.04 0.06

Central Pattana PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.04 0.05 0.11 0.04

Central Pattana PCL Capex-to-Operating-Income Competitor Comparison

For the Real Estate - Diversified subindustry, Central Pattana PCL's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Central Pattana PCL Capex-to-Operating-Income vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Central Pattana PCL's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Central Pattana PCL's Capex-to-Operating-Income falls into.


CPPBY
92GF Score
Central Pattana PCL CPPBY
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Pattana PCL Capex-to-Operating-Income Calculation

Central Pattana PCL's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-35.913) / 643.346
=0.06

Central Pattana PCL's Capex-to-Operating-Income for the quarter that ended in Mar. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-7.349) / 169.191
=0.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Income of 0.04 mean?
Central Pattana PCL (CPPBY) has a Capex-to-Operating-Income of 0.04 as of Mar. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Central Pattana PCL and its competitors. This is 56% below median its historical median of 0.09. Over the past decade, Central Pattana PCL's Capex-to-Operating-Income has ranged from 0.04 to 0.38. According to the industry distribution chart, Central Pattana PCL ranks #315 out of 822 companies in the Real Estate industry, placing it in the top 38.3%.
Is Central Pattana PCL's Capex-to-Operating-Income too high?
Central Pattana PCL's current Capex-to-Operating-Income of 0.04 is 56% below median its 10-year median of 0.09. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.38. The Real Estate industry median Capex-to-Operating-Income is 0.09. Central Pattana PCL's value of 0.04 is 55.6% below this industry median. Based on the distribution chart, Central Pattana PCL ranks #315 out of 822 companies in the Real Estate industry, which is above the industry midpoint. Overall, Central Pattana PCL has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Central Pattana PCL's Capex-to-Operating-Income compare to competitors?
According to the Real Estate industry distribution chart, Central Pattana PCL ranks #315 out of 822 companies for Capex-to-Operating-Income. This puts Central Pattana PCL in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.09. Central Pattana PCL's value of 0.04 is 55.6% below this benchmark. Historically, Central Pattana PCL's own Capex-to-Operating-Income has ranged from 0.04 to 0.38 over the past decade. While the company's 10-year median is 0.09 vs. the industry median of 0.09, Central Pattana PCL has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for a Real Estate company?
The median Capex-to-Operating-Income among Real Estate companies is 0.09, based on 822 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Central Pattana PCL's current Capex-to-Operating-Income of 0.04 is 55.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Central Pattana PCL and its competitors. For the Real Estate industry, the median Capex-to-Operating-Income is 0.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Central Pattana PCL's current Capex-to-Operating-Income is 0.04, which is 56% below median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Pattana PCL stock overvalued right now?
Central Pattana PCL (CPPBY) has a current Capex-to-Operating-Income of 0.04. The stock's GF Value™ is $22.59, compared to a current price of $23.40 — trading 3.6% above its estimated fair value. The current Capex-to-Operating-Income is 0.04, which is 56% below median its 10-year median of 0.09 and 55.6% below the Real Estate industry median of 0.09. Central Pattana PCL's overall GF Score™ is 92/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Central Pattana PCL (CPPBY), the current Capex-to-Operating-Income is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Central Pattana PCL (CPPBY) Overvalued in 2026?

Based on GuruFocus' analysis, Central Pattana PCL stock appears to be overvalued. The current stock price of $23.40 is trading 3.6% above its estimated GF Value™ of $22.59.

Key valuation signals for CPPBY:

  • Capex-to-Operating-Income: 0.04 (56% below median its 10-year median of 0.09)
  • GF Value™: $22.59 vs. price of $23.40 (3.6% above fair value)
  • GF Score™: 92/100 with 8 warning signs
  • Industry Position: 55.6% below the Real Estate median (#315 of 822)

No single metric tells the full story. See the CPPBY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Pattana PCL Business Description

Other Exchanges CPN-F:ThailandCPN:Thailand
Address 999/9 Rama I Road, 32nd Floor, Central World Offices, Patumwan District, Bangkok, THA, 10330
Central Pattana PCL is engaged in the development and management of properties, including the construction of office buildings and shopping centers for rent, the provision of utility services within shopping centers, the sale of food and beverages, and the delivery of property management consulting and corporate services. Its segments are the development of shopping center buildings, office buildings, and condominiums for rent, including food center services, utility services, and the operation of playlands and water theme parks, which generate the majority of the company's revenue; the hotel business; and the real estate business, which involves the sale of land, houses, and condominium units. The Group is mainly managed and operates principally in Thailand.
92GF Score

Get the complete analysis for CPPBY

Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.40
Price
$22.59
GF Value