Fujian Wanchen Biotechnology Group Co., Ltd.

SZSE:300972 Stock Report

Market Cap: CN¥11.5b

Fujian Wanchen Biotechnology Group Valuation

Is 300972 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 300972 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300972 (CN¥63.89) is trading below our estimate of fair value (CN¥1580.39)

Significantly Below Fair Value: 300972 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300972?

Key metric: As 300972 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 300972. This is calculated by dividing 300972's market cap by their current revenue.
What is 300972's PS Ratio?
PS Ratio0.5x
SalesCN¥25.01b
Market CapCN¥11.50b

Price to Sales Ratio vs Peers

How does 300972's PS Ratio compare to its peers?

The above table shows the PS ratio for 300972 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.1x
600866 Star Lake BioscienceZhaoqing Guangdong
0.6x3.1%CN¥11.0b
002847 YanKer shop FoodLtd
2.8x20.1%CN¥13.9b
603027 Qianhe Condiment and Food
3.9x10.0%CN¥12.4b
600975 Hunan New WellfulLtd
1.1x30.0%CN¥7.9b
300972 Fujian Wanchen Biotechnology Group
0.5x38.9%CN¥11.5b

Price-To-Sales vs Peers: 300972 is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.1x).


Price to Sales Ratio vs Industry

How does 300972's PS Ratio compare vs other companies in the CN Food Industry?

5 CompaniesPrice / SalesEstimated GrowthMarket Cap
603609 Wellhope Foods
0.2x9.6%US$1.01b
600073 Shanghai Bright Meat Group
0.3xn/aUS$880.07m
301116 Jiangsu Yike Food GroupLtd
0.2x20.1%US$694.77m
603363 Fujian Aonong Biological Technology Group Incorporation
0.3xn/aUS$430.00m
300972 0.5xIndustry Avg. 1.7xNo. of Companies22PS01.22.43.64.86+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: 300972 is good value based on its Price-To-Sales Ratio (0.5x) compared to the CN Food industry average (1.7x).


Price to Sales Ratio vs Fair Ratio

What is 300972's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

300972 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio2.3x

Price-To-Sales vs Fair Ratio: 300972 is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (2.3x).


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 300972 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥63.89
CN¥80.63
+26.2%
5.4%CN¥85.00CN¥76.25n/a2
Nov ’25CN¥69.88
CN¥51.73
-26.0%
47.4%CN¥76.25CN¥27.20n/a2
Oct ’25CN¥40.89
CN¥27.51
-32.7%
1.1%CN¥27.82CN¥27.20n/a2
Sep ’25CN¥31.85
CN¥27.51
-13.6%
1.1%CN¥27.82CN¥27.20n/a2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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