Shenzhen Cereals HoldingsLtd Valuation

Q: What is the Fair Price of 000019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

000019 (CN¥6.63) is trading above our estimate of [[fair value]] (CN¥3.53)

Is 000019 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 000019 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000019 (CN¥6.63) is trading above our estimate of fair value (CN¥3.53)

Significantly Below Fair Value: 000019 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000019?

Key metric: As 000019 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000019. This is calculated by dividing 000019's market cap by their current earnings.
What is 000019's PE Ratio?
PE Ratio	24x
Earnings	CN¥318.17m
Market Cap	CN¥7.47b

000019 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	1.5x
Enterprise Value/EBITDA	15.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does 000019's PE Ratio compare to its peers?

The above table shows the PE ratio for 000019 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	90.7x
002515 Jinzi HamLtd	136.1x	n/a	CN¥5.8b
600429 Beijing Sanyuan Foods	56x	n/a	CN¥6.4b
600882 Shanghai Milkground Food Tech	64.8x	26.8%	CN¥8.8b
000716 Nanfang Black Sesame GroupLtd	105.7x	n/a	CN¥4.3b
000019 Shenzhen Cereals HoldingsLtd	24x	n/a	CN¥7.5b

Price-To-Earnings vs Peers: 000019 is good value based on its Price-To-Earnings Ratio (24x) compared to the peer average (90.7x).

Price to Earnings Ratio vs Industry

How does 000019's PE Ratio compare vs other companies in the CN Food Industry?

3 Companies	Price / Earnings	Estimated Growth	Market Cap
002157 Jiangxi Zhengbang TechnologyLtd	2.4x	n/a	US$3.94b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd	4.6x	-46.9%	US$2.27b
002086 Shandong Oriental Ocean Sci-Tech	3.4x	n/a	US$824.62m

No more companies available in this PE range

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 000019 is good value based on its Price-To-Earnings Ratio (24x) compared to the CN Food industry average (27.8x).

Price to Earnings Ratio vs Fair Ratio

What is 000019'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.

000019 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	24x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 000019's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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