Ganyuan Foods Co., Ltd.

SZSE:002991 Stock Report

Market Cap: CN¥7.2b

Ganyuan Foods Valuation

Is 002991 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 002991 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002991 (CN¥78.89) is trading below our estimate of fair value (CN¥185.12)

Significantly Below Fair Value: 002991 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002991?

Key metric: As 002991 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002991. This is calculated by dividing 002991's market cap by their current earnings.
What is 002991's PE Ratio?
PE Ratio18.4x
EarningsCN¥392.18m
Market CapCN¥7.18b

Price to Earnings Ratio vs Peers

How does 002991's PE Ratio compare to its peers?

The above table shows the PE ratio for 002991 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average43.8x
603170 Shanghai Bolex Food Technology
26.8x16.3%CN¥6.0b
002746 Shandong Xiantan
75x47.2%CN¥5.3b
605016 Shandong Bailong Chuangyuan Bio-Tech
22.2x30.6%CN¥5.3b
300973 Ligao FoodsLtd
51.1x36.1%CN¥6.0b
002991 Ganyuan Foods
18.4x13.5%CN¥7.2b

Price-To-Earnings vs Peers: 002991 is good value based on its Price-To-Earnings Ratio (18.4x) compared to the peer average (43.8x).

Price to Earnings Ratio vs Industry

How does 002991's PE Ratio compare vs other companies in the CN Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.7xn/aUS$4.29b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd
4.7x-46.9%US$2.34b
002086 Shandong Oriental Ocean Sci-Tech
4.2xn/aUS$970.63m
No more companies available in this PE range
002991 18.4xIndustry Avg. 30.1xNo. of Companies21PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002991 is good value based on its Price-To-Earnings Ratio (18.4x) compared to the CN Food industry average (30.1x).

Price to Earnings Ratio vs Fair Ratio

What is 002991'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.

002991 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.4x
Fair PE Ratio21x

Price-To-Earnings vs Fair Ratio: 002991 is good value based on its Price-To-Earnings Ratio (18.4x) 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 002991 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥78.89
CN¥82.92
+5.1%
5.1%CN¥86.76CN¥77.00n/a3
Nov ’25CN¥72.75
CN¥82.92
+14.0%
5.1%CN¥86.76CN¥77.00n/a3
Oct ’25CN¥68.12
CN¥69.79
+2.4%
0.4%CN¥70.00CN¥69.36n/a3
Sep ’25CN¥52.77
CN¥69.79
+32.2%
0.4%CN¥70.00CN¥69.36n/a3
Aug ’25CN¥57.76
CN¥104.55
+81.0%
8.5%CN¥114.66CN¥93.00n/a3
Jul ’25CN¥61.66
CN¥104.55
+69.6%
8.5%CN¥114.66CN¥93.00n/a3
Jun ’25CN¥72.44
CN¥103.17
+42.4%
7.8%CN¥114.66CN¥93.00n/a4
May ’25CN¥81.60
CN¥103.17
+26.4%
7.8%CN¥114.66CN¥93.00n/a4
Apr ’25CN¥88.80
CN¥97.71
+10.0%
5.4%CN¥105.84CN¥93.00n/a4
Mar ’25CN¥73.75
CN¥97.76
+32.6%
4.8%CN¥105.84CN¥93.00n/a5
Feb ’25CN¥66.05
CN¥97.76
+48.0%
4.8%CN¥105.84CN¥93.00n/a5
Jan ’25CN¥71.46
CN¥96.18
+34.6%
2.7%CN¥99.00CN¥93.00n/a5
Dec ’24CN¥77.18
CN¥96.18
+24.6%
2.7%CN¥99.00CN¥93.00n/a5
Nov ’24CN¥77.67
CN¥96.18
+23.8%
2.7%CN¥99.00CN¥93.00CN¥72.755
Oct ’24CN¥70.24
CN¥102.34
+45.7%
6.0%CN¥110.00CN¥93.00CN¥68.125
Sep ’24CN¥74.50
CN¥102.34
+37.4%
6.0%CN¥110.00CN¥93.00CN¥52.775
Aug ’24CN¥83.10
CN¥102.76
+23.7%
6.0%CN¥110.00CN¥93.00CN¥57.764
Jul ’24CN¥76.70
CN¥106.23
+38.5%
8.6%CN¥117.90CN¥93.00CN¥61.664
Jun ’24CN¥83.48
CN¥106.23
+27.2%
8.6%CN¥117.90CN¥93.00CN¥72.444
May ’24CN¥88.31
CN¥94.67
+7.2%
18.6%CN¥110.00CN¥70.00CN¥81.603
Apr ’24CN¥92.09
CN¥88.50
-3.9%
20.9%CN¥107.00CN¥70.00CN¥88.802
Mar ’24CN¥89.80
CN¥88.50
-1.4%
20.9%CN¥107.00CN¥70.00CN¥73.752

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

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