DISCOUNTED CASH FLOW VALUATION OF CHAROEN POKPHAND FOODS PUBLIC COMPANY LIMITED

Abstract

This thematic paper aims to study the present value of Charoen Pokphand Public Company Limited which estimates based on the fundamental performance of the company by using the discounted cash flow model. The discounted cash flow concerns about the nature of the company operation such as source of sales revenue, economic impact, and funding & financing. For the instinct value of CPF, the target price is compared to the market price as of 28 February 2020. Considering by the nature of CPF, a 18.43 Baht per share is the target price which is lower than the marked market price. There recommend taking the sell position for this stock because of undervalued.