Beijing Yanjing Brewery Co.,Ltd.

XSEC:000729 Stock Report

Market Cap: CN¥28.9b

Beijing Yanjing BreweryLtd Valuation

Is 000729 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 000729 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000729 (CN¥10.24) is trading below our estimate of fair value (CN¥21.73)

Significantly Below Fair Value: 000729 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000729?

Key metric: As 000729 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000729. This is calculated by dividing 000729's market cap by their current earnings.
What is 000729's PE Ratio?
PE Ratio29.5x
EarningsCN¥976.76m
Market CapCN¥28.86b

Price to Earnings Ratio vs Peers

How does 000729's PE Ratio compare to its peers?

The above table shows the PE ratio for 000729 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.7x
600132 Chongqing Brewery
22.6x6.8%CN¥29.5b
002461 Guangzhou Zhujiang Brewery
25.7x12.4%CN¥20.1b
001338 GDH Supertime Group
20.8xn/aCN¥5.4b
600573 FuJian YanJing HuiQuan BreweryLtd
41.7x17.3%CN¥2.6b
000729 Beijing Yanjing BreweryLtd
29.5x20.6%CN¥28.9b

Price-To-Earnings vs Peers: 000729 is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the peer average (27.3x).

Price to Earnings Ratio vs Industry

How does 000729's PE Ratio compare vs other companies in the CN Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
000729 29.5xIndustry Avg. 23.6xNo. of Companies8PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000729 is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the CN Beverage industry average (23.8x).

Price to Earnings Ratio vs Fair Ratio

What is 000729'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.

000729 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.5x
Fair PE Ratio26.6x

Price-To-Earnings vs Fair Ratio: 000729 is expensive based on its Price-To-Earnings Ratio (29.5x) compared to the estimated Fair Price-To-Earnings Ratio (26.6x).

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 000729 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥10.24
CN¥11.51
+12.4%
19.3%CN¥14.00CN¥7.10n/a7
Nov ’25CN¥10.10
CN¥11.51
+13.9%
19.3%CN¥14.00CN¥7.10n/a7
Oct ’25CN¥11.25
CN¥11.07
-1.6%
17.9%CN¥13.50CN¥7.10n/a7
Sep ’25CN¥9.69
CN¥11.07
+14.2%
17.9%CN¥13.50CN¥7.10n/a7
Aug ’25CN¥9.52
CN¥10.96
+15.2%
17.7%CN¥13.50CN¥7.10n/a7
Jul ’25CN¥8.82
CN¥10.95
+24.1%
19.2%CN¥13.50CN¥7.10n/a7
Jun ’25CN¥9.36
CN¥10.95
+17.0%
19.2%CN¥13.50CN¥7.10n/a7
May ’25CN¥9.89
CN¥10.95
+10.7%
19.2%CN¥13.50CN¥7.10n/a7
Apr ’25CN¥9.46
CN¥11.00
+16.2%
23.3%CN¥15.00CN¥7.10n/a7
Mar ’25CN¥8.68
CN¥11.00
+26.7%
23.3%CN¥15.00CN¥7.10n/a7
Feb ’25CN¥8.15
CN¥11.27
+38.3%
19.6%CN¥15.00CN¥8.70n/a7
Jan ’25CN¥8.63
CN¥12.02
+39.3%
15.1%CN¥15.00CN¥8.70n/a7
Dec ’24CN¥9.71
CN¥12.02
+23.8%
15.1%CN¥15.00CN¥8.70n/a7
Nov ’24CN¥10.41
CN¥12.02
+15.5%
15.1%CN¥15.00CN¥8.70CN¥10.107
Oct ’24CN¥10.07
CN¥12.71
+26.2%
15.3%CN¥15.00CN¥8.70CN¥11.257
Sep ’24CN¥10.40
CN¥12.84
+23.4%
14.9%CN¥15.00CN¥8.70CN¥9.697
Aug ’24CN¥11.20
CN¥13.37
+19.4%
17.1%CN¥15.33CN¥8.70CN¥9.526
Jul ’24CN¥12.47
CN¥13.89
+11.4%
20.4%CN¥18.14CN¥8.70CN¥8.826
Jun ’24CN¥11.60
CN¥13.89
+19.7%
20.4%CN¥18.14CN¥8.70CN¥9.366
May ’24CN¥13.09
CN¥13.72
+4.8%
23.0%CN¥18.14CN¥7.70CN¥9.896
Apr ’24CN¥14.01
CN¥12.96
-7.5%
25.9%CN¥15.98CN¥6.80CN¥9.465
Mar ’24CN¥13.48
CN¥12.45
-7.7%
28.7%CN¥15.98CN¥6.80CN¥8.684
Feb ’24CN¥11.26
CN¥9.94
-11.7%
28.4%CN¥13.50CN¥6.80CN¥8.155
Jan ’24CN¥10.62
CN¥8.81
-17.1%
16.8%CN¥10.56CN¥6.80CN¥8.635
Dec ’23CN¥10.01
CN¥8.81
-12.0%
16.8%CN¥10.56CN¥6.80CN¥9.715
Nov ’23CN¥8.97
CN¥8.81
-1.8%
16.8%CN¥10.56CN¥6.80CN¥10.415

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

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