Yihai Kerry Arawana Holdings Valuation

Q: What is the Fair Price of 300999 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

300999 (CN¥33.09) is trading below our estimate of [[fair value]] (CN¥64.75)

Is 300999 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

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 300999 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300999 (CN¥33.09) is trading below our estimate of fair value (CN¥64.75)

Significantly Below Fair Value: 300999 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300999?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 300999. This is calculated by dividing 300999's market cap by their current preferred multiple.
What is 300999's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥179.40b

300999 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	0.9x
Enterprise Value/EBITDA	46.8x
PEG Ratio	2.7x

Price to Earnings Ratio vs Peers

How does 300999's PE Ratio compare to its peers?

The above table shows the PE ratio for 300999 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	28.2x
600887 Inner Mongolia Yili Industrial Group	15.3x	1.8%	CN¥182.9b
603288 Foshan Haitian Flavouring and Food	40.6x	10.1%	CN¥248.3b
002714 Muyuan Foods	29.7x	26.8%	CN¥239.1b
300498 Wens Foodstuff Group	27.3x	29.7%	CN¥124.2b
300999 Yihai Kerry Arawana Holdings	83.4x	30.6%	CN¥179.4b

Price-To-Earnings vs Peers: 300999 is expensive based on its Price-To-Earnings Ratio (83.4x) compared to the peer average (28.2x).

Price to Earnings Ratio vs Industry

How does 300999's PE Ratio compare vs other companies in the CN Food Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.1%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	22.1%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 300999 is expensive based on its Price-To-Earnings Ratio (83.4x) compared to the CN Food industry average (28x).

Price to Earnings Ratio vs Fair Ratio

What is 300999'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.

300999 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	83.4x
Fair PE Ratio	38x

Price-To-Earnings vs Fair Ratio: 300999 is expensive based on its Price-To-Earnings Ratio (83.4x) compared to the estimated Fair Price-To-Earnings Ratio (38x).

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 300999 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¥33.09	CN¥30.13 -9.0%	23.5%	CN¥40.00	CN¥20.00	n/a	4
Oct ’25	CN¥35.49	CN¥28.13 -20.8%	16.9%	CN¥32.00	CN¥20.00	n/a	4
Sep ’25	CN¥25.87	CN¥28.13 +8.7%	16.9%	CN¥32.00	CN¥20.00	n/a	4
Aug ’25	CN¥26.88	CN¥35.33 +31.4%	10.4%	CN¥40.00	CN¥31.00	n/a	3
Jul ’25	CN¥27.65	CN¥35.33 +27.8%	10.4%	CN¥40.00	CN¥31.00	n/a	3
Jun ’25	CN¥30.08	CN¥35.33 +17.5%	10.4%	CN¥40.00	CN¥31.00	n/a	3
May ’25	CN¥31.40	CN¥35.33 +12.5%	10.4%	CN¥40.00	CN¥31.00	n/a	3
Apr ’25	CN¥31.13	CN¥38.80 +24.6%	7.1%	CN¥41.40	CN¥35.00	n/a	3
Mar ’25	CN¥32.13	CN¥39.60 +23.2%	13.7%	CN¥46.00	CN¥31.00	n/a	4
Feb ’25	CN¥29.80	CN¥39.60 +32.9%	13.7%	CN¥46.00	CN¥31.00	n/a	4
Jan ’25	CN¥33.38	CN¥39.60 +18.6%	13.7%	CN¥46.00	CN¥31.00	n/a	4
Dec ’24	CN¥33.76	CN¥39.60 +17.3%	13.7%	CN¥46.00	CN¥31.00	n/a	4
Nov ’24	CN¥34.97	CN¥39.60 +13.2%	13.7%	CN¥46.00	CN¥31.00	CN¥32.18	4
Oct ’24	CN¥34.38	CN¥39.60 +15.2%	13.7%	CN¥46.00	CN¥31.00	CN¥35.49	4
Sep ’24	CN¥35.86	CN¥39.60 +10.4%	13.7%	CN¥46.00	CN¥31.00	CN¥25.87	4
Aug ’24	CN¥42.13	CN¥48.67 +15.5%	2.6%	CN¥50.00	CN¥47.00	CN¥26.88	3
Jul ’24	CN¥39.99	CN¥48.67 +21.7%	2.6%	CN¥50.00	CN¥47.00	CN¥27.65	3
Jun ’24	CN¥40.46	CN¥46.62 +15.2%	11.8%	CN¥51.10	CN¥36.00	CN¥30.08	5
May ’24	CN¥43.44	CN¥46.86 +7.9%	12.0%	CN¥51.10	CN¥36.00	CN¥31.40	5
Apr ’24	CN¥43.10	CN¥46.86 +8.7%	12.0%	CN¥51.10	CN¥36.00	CN¥31.13	5
Mar ’24	CN¥46.50	CN¥48.71 +4.8%	13.5%	CN¥54.75	CN¥36.00	CN¥32.13	5
Feb ’24	CN¥44.94	CN¥47.79 +6.3%	14.8%	CN¥54.75	CN¥36.00	CN¥29.80	4
Jan ’24	CN¥43.56	CN¥47.79 +9.7%	14.8%	CN¥54.75	CN¥36.00	CN¥33.38	4
Dec ’23	CN¥42.70	CN¥47.79 +11.9%	14.8%	CN¥54.75	CN¥36.00	CN¥33.76	4
Nov ’23	CN¥39.60	CN¥49.75 +25.6%	14.9%	CN¥57.60	CN¥36.00	CN¥34.97	5

Analyst Forecast: Target price is lower than the current share price.