Guangdong Haid Group (SZSE:002311) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 002311 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

002311 (CN¥46.38) is trading below our estimate of [[fair value]] (CN¥62.59)

Share Price vs Fair Value

What is the Fair Price of 002311 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002311 (CN¥46.38) is trading below our estimate of fair value (CN¥62.59)

Significantly Below Fair Value: 002311 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002311?

Key metric: As 002311 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002311. This is calculated by dividing 002311's market cap by their current earnings.
What is 002311's PE Ratio?
PE Ratio	18.7x
Earnings	CN¥4.11b
Market Cap	CN¥76.85b

002311 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	0.7x
Enterprise Value/EBITDA	10.6x
PEG Ratio	1.5x

Price to Earnings Ratio vs Peers

How does 002311's PE Ratio compare to its peers?

The above table shows the PE ratio for 002311 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	21x
000895 Henan Shuanghui Investment & DevelopmentLtd	18.9x	10.1%	CN¥85.7b
300498 Wens Foodstuff Group	26.3x	29.7%	CN¥119.5b
600298 Angel Yeast	23.4x	14.6%	CN¥30.6b
600887 Inner Mongolia Yili Industrial Group	15.4x	1.8%	CN¥183.1b
002311 Guangdong Haid Group	18.7x	12.3%	CN¥76.9b

Price-To-Earnings vs Peers: 002311 is good value based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (21x).

Price to Earnings Ratio vs Industry

How does 002311's PE Ratio compare vs other companies in the CN Food Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
002157 Jiangxi Zhengbang TechnologyLtd	2.5x	n/a	US$4.04b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd	4.8x	-46.9%	US$2.31b
002086 Shandong Oriental Ocean Sci-Tech	3.3x	n/a	US$801.00m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 002311 is good value based on its Price-To-Earnings Ratio (18.7x) compared to the CN Food industry average (28.5x).

Price to Earnings Ratio vs Fair Ratio

What is 002311'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.

002311 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	18.7x
Fair PE Ratio	24.8x

Price-To-Earnings vs Fair Ratio: 002311 is good value based on its Price-To-Earnings Ratio (18.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.8x).

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 002311 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¥46.38	CN¥58.92 +27.0%	6.1%	CN¥62.00	CN¥53.00	n/a	6
Nov ’25	CN¥44.73	CN¥58.92 +31.7%	6.1%	CN¥62.00	CN¥53.00	n/a	6
Oct ’25	CN¥48.02	CN¥59.58 +24.1%	8.4%	CN¥67.50	CN¥52.00	n/a	6
Sep ’25	CN¥38.69	CN¥59.58 +54.0%	8.4%	CN¥67.50	CN¥52.00	n/a	6
Aug ’25	CN¥42.08	CN¥59.58 +41.6%	8.4%	CN¥67.50	CN¥52.00	n/a	6
Jul ’25	CN¥46.65	CN¥62.43 +33.8%	4.8%	CN¥67.50	CN¥58.00	n/a	6
Jun ’25	CN¥50.66	CN¥61.59 +21.6%	5.9%	CN¥67.50	CN¥57.00	n/a	6
May ’25	CN¥49.87	CN¥60.38 +21.1%	4.5%	CN¥64.00	CN¥56.11	n/a	7
Apr ’25	CN¥44.47	CN¥57.95 +30.3%	6.4%	CN¥63.02	CN¥51.00	n/a	7
Mar ’25	CN¥42.76	CN¥57.95 +35.5%	5.7%	CN¥63.04	CN¥52.00	n/a	8
Feb ’25	CN¥38.19	CN¥57.95 +51.8%	5.7%	CN¥63.04	CN¥52.00	n/a	8
Jan ’25	CN¥44.91	CN¥57.95 +29.0%	5.7%	CN¥63.04	CN¥52.00	n/a	8
Dec ’24	CN¥43.50	CN¥57.95 +33.2%	5.7%	CN¥63.04	CN¥52.00	n/a	8
Nov ’24	CN¥45.16	CN¥57.95 +28.3%	5.7%	CN¥63.04	CN¥52.00	CN¥44.73	8
Oct ’24	CN¥45.25	CN¥58.86 +30.1%	4.0%	CN¥63.04	CN¥56.00	CN¥48.02	8
Sep ’24	CN¥47.72	CN¥59.86 +25.4%	4.2%	CN¥63.04	CN¥56.68	CN¥38.69	8
Aug ’24	CN¥51.23	CN¥70.99 +38.6%	11.2%	CN¥85.00	CN¥60.40	CN¥42.08	7
Jul ’24	CN¥46.84	CN¥70.99 +51.5%	11.2%	CN¥85.00	CN¥60.40	CN¥46.65	7
Jun ’24	CN¥46.65	CN¥72.89 +56.2%	8.8%	CN¥85.00	CN¥63.00	CN¥50.66	8
May ’24	CN¥54.89	CN¥73.58 +34.0%	7.5%	CN¥85.00	CN¥68.50	CN¥49.87	8
Apr ’24	CN¥58.33	CN¥76.47 +31.1%	7.3%	CN¥85.00	CN¥70.60	CN¥44.47	8
Mar ’24	CN¥63.09	CN¥76.47 +21.2%	7.3%	CN¥85.00	CN¥70.60	CN¥42.76	8
Feb ’24	CN¥63.17	CN¥76.78 +21.5%	7.3%	CN¥85.00	CN¥70.60	CN¥38.19	8
Jan ’24	CN¥61.73	CN¥76.46 +23.9%	7.8%	CN¥85.00	CN¥70.60	CN¥44.91	7
Dec ’23	CN¥58.75	CN¥76.46 +30.1%	7.8%	CN¥85.00	CN¥70.60	CN¥43.50	7
Nov ’23	CN¥60.05	CN¥76.46 +27.3%	7.8%	CN¥85.00	CN¥70.60	CN¥45.16	7

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Guangdong Haid Group Valuation