New Hope Liuhe Co.,Ltd.

SZSE:000876 Stock Report

Market Cap: CN¥44.3b

New Hope LiuheLtd Valuation

Is 000876 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • 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 000876 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000876 (CN¥9.81) is trading below our estimate of fair value (CN¥120.69)

Significantly Below Fair Value: 000876 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000876?

Key metric: As 000876 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000876. This is calculated by dividing 000876's market cap by their current earnings.
What is 000876's PE Ratio?
PE Ratio10.4x
EarningsCN¥4.26b
Market CapCN¥44.31b

Price to Earnings Ratio vs Peers

How does 000876's PE Ratio compare to its peers?

The above table shows the PE ratio for 000876 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.7x
600598 Heilongjiang Agriculture
23.6x6.8%CN¥26.4b
601952 Jiangsu Provincial Agricultural Reclamation and DevelopmentLtd
18.8x17.4%CN¥13.9b
002041 ShanDongDenghai SeedsLtd
40x28.3%CN¥8.8b
000998 Yuan Long Ping High-Tech Agriculture
48.6x54.2%CN¥14.7b
000876 New Hope LiuheLtd
10.4x9.1%CN¥44.3b

Price-To-Earnings vs Peers: 000876 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (32.7x).

Price to Earnings Ratio vs Industry

How does 000876'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
000876 10.4xIndustry Avg. 28.5xNo. of Companies19PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000876 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the CN Food industry average (28.5x).

Price to Earnings Ratio vs Fair Ratio

What is 000876'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.

000876 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio22.3x

Price-To-Earnings vs Fair Ratio: 000876 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.3x).

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 000876 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥9.81
CN¥10.46
+6.6%
21.2%CN¥12.60CN¥6.50n/a5
Nov ’25CN¥9.77
CN¥10.46
+7.0%
21.2%CN¥12.60CN¥6.50n/a5
Oct ’25CN¥10.41
CN¥10.45
+0.4%
21.2%CN¥12.60CN¥6.50n/a5
Sep ’25CN¥9.01
CN¥10.22
+13.5%
15.7%CN¥12.50CN¥7.50n/a6
Aug ’25CN¥9.56
CN¥10.14
+6.0%
15.8%CN¥12.50CN¥7.50n/a6
Jul ’25CN¥9.41
CN¥10.14
+7.7%
15.8%CN¥12.50CN¥7.50n/a6
Jun ’25CN¥10.02
CN¥9.97
-0.5%
17.5%CN¥12.50CN¥7.00n/a6
May ’25CN¥8.92
CN¥10.29
+15.3%
20.7%CN¥13.40CN¥7.00n/a6
Apr ’25CN¥9.63
CN¥10.45
+8.5%
18.1%CN¥13.40CN¥8.00n/a6
Mar ’25CN¥8.85
CN¥10.76
+21.5%
17.7%CN¥13.40CN¥8.00n/a7
Feb ’25CN¥8.39
CN¥11.00
+31.1%
17.9%CN¥13.40CN¥8.00n/a6
Jan ’25CN¥9.32
CN¥11.65
+25.0%
16.4%CN¥13.40CN¥8.00n/a6
Dec ’24CN¥9.12
CN¥11.65
+27.7%
16.4%CN¥13.40CN¥8.00n/a6
Nov ’24CN¥10.13
CN¥12.63
+24.7%
21.1%CN¥17.30CN¥8.10CN¥9.776
Oct ’24CN¥11.00
CN¥13.23
+20.3%
23.7%CN¥17.30CN¥8.10CN¥10.415
Sep ’24CN¥11.70
CN¥13.89
+18.8%
20.0%CN¥17.30CN¥9.40CN¥9.015
Aug ’24CN¥12.34
CN¥13.89
+12.6%
20.0%CN¥17.30CN¥9.40CN¥9.565
Jul ’24CN¥11.68
CN¥13.87
+18.8%
19.8%CN¥17.19CN¥9.40CN¥9.415
Jun ’24CN¥11.42
CN¥14.77
+29.4%
25.1%CN¥20.00CN¥9.40CN¥10.025
May ’24CN¥13.01
CN¥15.47
+18.9%
23.8%CN¥20.00CN¥10.80CN¥8.925
Apr ’24CN¥13.23
CN¥15.30
+15.6%
21.1%CN¥20.00CN¥12.20CN¥9.636
Mar ’24CN¥13.25
CN¥15.30
+15.4%
21.1%CN¥20.00CN¥12.20CN¥8.856
Feb ’24CN¥13.29
CN¥15.72
+18.3%
20.9%CN¥20.00CN¥12.50CN¥8.395
Jan ’24CN¥12.91
CN¥16.07
+24.5%
19.3%CN¥20.00CN¥12.50CN¥9.326
Dec ’23CN¥13.66
CN¥16.07
+17.6%
19.3%CN¥20.00CN¥12.50CN¥9.126
Nov ’23CN¥13.29
CN¥17.17
+29.2%
14.3%CN¥20.00CN¥12.50CN¥10.136

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

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