Shanghai Bolex Food Technology Co., Ltd.

SHSE:603170 Stock Report

Market Cap: CN¥6.0b

Shanghai Bolex Food Technology Valuation

Is 603170 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 603170 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603170 (CN¥15.02) is trading below our estimate of fair value (CN¥26.74)

Significantly Below Fair Value: 603170 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603170?

Key metric: As 603170 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603170. This is calculated by dividing 603170's market cap by their current earnings.
What is 603170's PE Ratio?
PE Ratio25.7x
EarningsCN¥233.53m
Market CapCN¥6.01b

Price to Earnings Ratio vs Peers

How does 603170's PE Ratio compare to its peers?

The above table shows the PE ratio for 603170 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average44.8x
605016 Shandong Bailong Chuangyuan Bio-Tech
23x30.6%CN¥5.4b
002746 Shandong Xiantan
74.7x47.2%CN¥5.3b
300997 HUANLEJIA Food GroupLtd
29.3x20.2%CN¥5.5b
300973 Ligao FoodsLtd
52x36.1%CN¥6.1b
603170 Shanghai Bolex Food Technology
25.7x17.0%CN¥6.0b

Price-To-Earnings vs Peers: 603170 is good value based on its Price-To-Earnings Ratio (25.7x) compared to the peer average (44.8x).

Price to Earnings Ratio vs Industry

How does 603170's PE Ratio compare vs other companies in the CN Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.5xn/aUS$4.04b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd
4.8x-46.9%US$2.36b
002086 Shandong Oriental Ocean Sci-Tech
3.3xn/aUS$801.00m
No more companies available in this PE range
603170 25.7xIndustry Avg. 28.5xNo. of Companies19PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603170 is good value based on its Price-To-Earnings Ratio (25.7x) compared to the CN Food industry average (28.5x).

Price to Earnings Ratio vs Fair Ratio

What is 603170'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.

603170 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.7x
Fair PE Ratio22.1x

Price-To-Earnings vs Fair Ratio: 603170 is expensive based on its Price-To-Earnings Ratio (25.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.1x).

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

CN¥17.1b

Produces and sells seasoning products in China and internationally.

600872

CN¥22.33

7D

-5.9%

1Y

-33.7%

New Hope LiuheLtd

CN¥44.3b

Engages in feed, white-feathered poultry, pig farming, and food businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, Egypt, and internationally.

876

CN¥9.81

7D

-4.0%

1Y

-3.1%

Henan Shuanghui Investment & DevelopmentLtd

CN¥85.7b

Henan Shuanghui Investment & Development Co.,Ltd.

895

CN¥24.74

7D

-2.6%

1Y

-4.1%