Joy Kie Valuation

Is 300994 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300994 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300994 (CN¥11.19) is trading above our estimate of fair value (CN¥3.14)

Significantly Below Fair Value: 300994 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300994?

Key metric: As 300994 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300994. This is calculated by dividing 300994's market cap by their current earnings.
What is 300994's PE Ratio?
PE Ratio	27.9x
Earnings	CN¥93.46m
Market Cap	CN¥2.73b

300994 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	21.8x
PEG Ratio	1x

Price to Earnings Ratio vs Peers

How does 300994's PE Ratio compare to its peers?

The above table shows the PE ratio for 300994 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	30.1x
603579 Shanghai Rongtai Health Technology	12.6x	13.3%	CN¥2.5b
002614 Xiamen Comfort Science&Technology Group	68.4x	41.4%	CN¥4.2b
605080 Zhejiang Natural Outdoor Goods	16.9x	17.1%	CN¥2.7b
001368 Tongda Smart Tech (Xiamen)	22.5x	29.4%	CN¥2.4b
300994 Joy Kie	27.9x	27.7%	CN¥2.7b

Price-To-Earnings vs Peers: 300994 is good value based on its Price-To-Earnings Ratio (27.9x) compared to the peer average (30.1x).

Price to Earnings Ratio vs Industry

How does 300994's PE Ratio compare vs other companies in the CN Leisure Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 300994 is good value based on its Price-To-Earnings Ratio (27.9x) compared to the CN Leisure industry average (29.4x).

Price to Earnings Ratio vs Fair Ratio

What is 300994's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300994 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.9x
Fair PE Ratio	21x

Price-To-Earnings vs Fair Ratio: 300994 is expensive based on its Price-To-Earnings Ratio (27.9x) compared to the estimated Fair Price-To-Earnings Ratio (21x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 300994 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥11.19	CN¥12.83 +14.6%	6.4%	CN¥14.00	CN¥12.00	n/a	4
Nov ’25	CN¥10.47	CN¥12.83 +22.5%	6.4%	CN¥14.00	CN¥12.00	n/a	4
Oct ’25	CN¥11.38	CN¥13.41 +17.9%	6.9%	CN¥14.45	CN¥12.00	n/a	4
Sep ’25	CN¥9.14	CN¥13.41 +46.7%	6.9%	CN¥14.45	CN¥12.00	n/a	4
Aug ’25	CN¥9.92	CN¥14.49 +46.0%	2.4%	CN¥15.00	CN¥14.00	n/a	4
Jul ’25	CN¥10.99	CN¥14.49 +31.8%	2.4%	CN¥15.00	CN¥14.00	n/a	4
Jun ’25	CN¥11.89	CN¥15.50 +30.3%	11.4%	CN¥18.50	CN¥14.00	n/a	4
May ’25	CN¥11.66	CN¥15.50 +32.9%	11.4%	CN¥18.50	CN¥14.00	n/a	4
Apr ’25	CN¥11.08	CN¥17.75 +60.2%	6.0%	CN¥18.50	CN¥16.25	n/a	3
Mar ’25	CN¥10.05	CN¥17.31 +72.3%	6.9%	CN¥18.50	CN¥16.00	n/a	4
Feb ’25	CN¥10.50	CN¥17.31 +64.9%	6.9%	CN¥18.50	CN¥16.00	n/a	4
Jan ’25	CN¥14.70	CN¥17.31 +17.8%	6.9%	CN¥18.50	CN¥16.00	n/a	4
Dec ’24	CN¥15.31	CN¥17.31 +13.1%	6.9%	CN¥18.50	CN¥16.00	n/a	4
Nov ’24	CN¥14.62	CN¥17.31 +18.4%	6.9%	CN¥18.50	CN¥16.00	CN¥10.47	4
Oct ’24	CN¥14.47	CN¥17.01 +17.6%	5.4%	CN¥18.50	CN¥16.00	CN¥11.38	4
Sep ’24	CN¥14.52	CN¥17.57 +21.0%	6.6%	CN¥18.83	CN¥16.00	CN¥9.14	4
Aug ’24	CN¥15.75	CN¥20.59 +30.7%	6.1%	CN¥21.67	CN¥18.83	CN¥9.92	3
Jul ’24	CN¥15.44	CN¥20.59 +33.3%	6.1%	CN¥21.67	CN¥18.83	CN¥10.99	3
Jun ’24	CN¥15.75	CN¥20.59 +30.7%	6.1%	CN¥21.67	CN¥18.83	CN¥11.89	3
May ’24	CN¥15.71	CN¥20.59 +31.1%	6.1%	CN¥21.67	CN¥18.83	CN¥11.66	3
Apr ’24	CN¥19.54	CN¥29.10 +48.9%	19.8%	CN¥34.87	CN¥23.33	CN¥11.08	2
Mar ’24	CN¥20.75	CN¥34.57 +66.6%	26.2%	CN¥45.50	CN¥23.33	CN¥10.05	3
Feb ’24	CN¥18.15	CN¥34.57 +90.4%	26.2%	CN¥45.50	CN¥23.33	CN¥10.50	3
Jan ’24	CN¥16.43	CN¥34.57 +110.3%	26.2%	CN¥45.50	CN¥23.33	CN¥14.70	3
Dec ’23	CN¥16.65	CN¥34.57 +107.6%	26.2%	CN¥45.50	CN¥23.33	CN¥15.31	3
Nov ’23	CN¥16.58	CN¥34.57 +108.4%	26.2%	CN¥45.50	CN¥23.33	CN¥14.62	3

Analyst Forecast: Target price is less than 20% higher than the current share price.