JoyoungLtd Valuation

Is 002242 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

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 002242 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002242 (CN¥10.77) is trading above our estimate of fair value (CN¥9.1)

Significantly Below Fair Value: 002242 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002242?

Key metric: As 002242 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002242. This is calculated by dividing 002242's market cap by their current earnings.
What is 002242's PE Ratio?
PE Ratio	66.5x
Earnings	CN¥123.60m
Market Cap	CN¥8.22b

002242 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	0.6x
Enterprise Value/EBITDA	88.5x
PEG Ratio	1.2x

Price to Earnings Ratio vs Peers

How does 002242's PE Ratio compare to its peers?

The above table shows the PE ratio for 002242 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	34x
002543 Guangdong Vanward New Electric	16.4x	18.8%	CN¥7.1b
603075 Hangzhou Heatwell Electric Heating Technology	28.3x	n/a	CN¥7.9b
603219 Ningbo Fujia Industrial	33.5x	14.7%	CN¥6.8b
600983 Whirlpool China	57.8x	n/a	CN¥6.8b
002242 JoyoungLtd	66.5x	54.6%	CN¥8.2b

Price-To-Earnings vs Peers: 002242 is expensive based on its Price-To-Earnings Ratio (66.5x) compared to the peer average (33x).

Price to Earnings Ratio vs Industry

How does 002242's PE Ratio compare vs other companies in the CN Consumer Durables Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap
002473 Ningbo Sunlight Electrical ApplianceLtd	3.5x	n/a	US$18.86m

No more companies available in this PE range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002242 is expensive based on its Price-To-Earnings Ratio (66.5x) compared to the CN Consumer Durables industry average (22.2x).

Price to Earnings Ratio vs Fair Ratio

What is 002242'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.

002242 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	66.5x
Fair PE Ratio	45x

Price-To-Earnings vs Fair Ratio: 002242 is expensive based on its Price-To-Earnings Ratio (66.5x) compared to the estimated Fair Price-To-Earnings Ratio (45x).

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 002242 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¥10.77	CN¥9.45 -12.3%	28.9%	CN¥14.09	CN¥6.10	n/a	7
Nov ’25	CN¥10.00	CN¥9.81 -1.9%	24.7%	CN¥14.09	CN¥6.10	n/a	7
Oct ’25	CN¥11.47	CN¥9.91 -13.6%	23.0%	CN¥14.09	CN¥6.80	n/a	7
Sep ’25	CN¥9.73	CN¥12.13 +24.7%	24.0%	CN¥17.00	CN¥8.25	n/a	6
Aug ’25	CN¥10.58	CN¥12.55 +18.6%	21.9%	CN¥17.00	CN¥9.00	n/a	6
Jul ’25	CN¥10.68	CN¥11.47 +7.4%	16.9%	CN¥14.09	CN¥9.00	n/a	6
Jun ’25	CN¥11.67	CN¥11.47 -1.8%	16.9%	CN¥14.09	CN¥9.00	n/a	6
May ’25	CN¥11.60	CN¥12.23 +5.4%	21.6%	CN¥17.00	CN¥9.00	n/a	7
Apr ’25	CN¥10.78	CN¥12.84 +19.1%	18.4%	CN¥17.00	CN¥9.00	n/a	8
Mar ’25	CN¥11.53	CN¥14.84 +28.7%	14.6%	CN¥17.70	CN¥12.40	n/a	8
Feb ’25	CN¥10.41	CN¥14.91 +43.3%	14.0%	CN¥17.70	CN¥12.50	n/a	8
Jan ’25	CN¥12.71	CN¥14.91 +17.3%	14.0%	CN¥17.70	CN¥12.50	n/a	8
Dec ’24	CN¥13.42	CN¥15.37 +14.5%	15.3%	CN¥19.00	CN¥12.50	n/a	9
Nov ’24	CN¥13.33	CN¥15.70 +17.8%	13.9%	CN¥19.00	CN¥12.50	CN¥10.00	9
Oct ’24	CN¥14.23	CN¥15.81 +11.1%	12.9%	CN¥19.00	CN¥12.70	CN¥11.47	9
Sep ’24	CN¥14.18	CN¥16.50 +16.4%	13.8%	CN¥19.50	CN¥12.70	CN¥9.73	10
Aug ’24	CN¥15.67	CN¥17.46 +11.4%	12.7%	CN¥19.98	CN¥14.00	CN¥10.58	10
Jul ’24	CN¥14.95	CN¥17.56 +17.4%	11.8%	CN¥19.98	CN¥14.00	CN¥10.68	10
Jun ’24	CN¥14.22	CN¥17.69 +24.4%	10.6%	CN¥19.98	CN¥14.00	CN¥11.67	11
May ’24	CN¥16.28	CN¥17.78 +9.2%	11.1%	CN¥20.00	CN¥14.00	CN¥11.60	11
Apr ’24	CN¥17.92	CN¥18.34 +2.3%	12.4%	CN¥22.00	CN¥14.00	CN¥10.78	11
Mar ’24	CN¥19.50	CN¥18.57 -4.8%	15.7%	CN¥24.12	CN¥13.60	CN¥11.53	12
Feb ’24	CN¥18.74	CN¥18.32 -2.2%	15.9%	CN¥24.12	CN¥13.60	CN¥10.41	12
Jan ’24	CN¥16.48	CN¥16.67 +1.1%	11.6%	CN¥19.98	CN¥13.60	CN¥12.71	10
Dec ’23	CN¥15.74	CN¥16.67 +5.9%	11.6%	CN¥19.98	CN¥13.60	CN¥13.42	10
Nov ’23	CN¥15.19	CN¥16.97 +11.7%	11.8%	CN¥19.98	CN¥13.60	CN¥13.33	10

Analyst Forecast: Target price is lower than the current share price.