Yantai Changyu Pioneer Wine Company Limited

XSEC:000869 Stock Report

Market Cap: CN¥12.2b

Yantai Changyu Pioneer Wine Valuation

Is 000869 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • 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 000869 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 000869 (CN¥22.96) is trading above our estimate of fair value (CN¥8.52)

Significantly Below Fair Value: 000869 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 000869?

Key metric: As 000869 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 000869. This is calculated by dividing 000869's market cap by their current earnings.
What is 000869's PE Ratio?
PE Ratio46.5x
EarningsCN¥331.88m
Market CapCN¥12.18b

Price to Earnings Ratio vs Peers

How does 000869's PE Ratio compare to its peers?

The above table shows the PE ratio for 000869 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
000860 Beijing Shunxin AgricultureLtd
37x29.0%CN¥13.8b
600197 Xinjiang Yilite IndustryLtd
23.8x16.8%CN¥8.3b
603919 JINHUI LIQUOR
26.7x18.3%CN¥10.2b
600059 Zhejiang Guyuelongshan Shaoxing WineLtd
20.7x-37.2%CN¥8.1b
000869 Yantai Changyu Pioneer Wine
46.5x25.7%CN¥12.2b

Price-To-Earnings vs Peers: 000869 is expensive based on its Price-To-Earnings Ratio (46.5x) compared to the peer average (26.6x).

Price to Earnings Ratio vs Industry

How does 000869'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
000869 46.5xIndustry Avg. 23.5xNo. of Companies6PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 000869 is expensive based on its Price-To-Earnings Ratio (46.5x) compared to the CN Beverage industry average (23.6x).

Price to Earnings Ratio vs Fair Ratio

What is 000869'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.

000869 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio46.5x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: 000869 is expensive based on its Price-To-Earnings Ratio (46.5x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).

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 000869 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥22.96
CN¥27.70
+20.6%
0.4%CN¥27.80CN¥27.60n/a2
Nov ’25CN¥22.92
CN¥27.70
+20.9%
0.4%CN¥27.80CN¥27.60n/a2
Oct ’25CN¥25.30
CN¥27.70
+9.5%
0.4%CN¥27.80CN¥27.60n/a2
Sep ’25CN¥20.58
CN¥27.70
+34.6%
0.4%CN¥27.80CN¥27.60n/a2
Aug ’25CN¥21.96
CN¥27.70
+26.1%
0.4%CN¥27.80CN¥27.60n/a2
Jul ’25CN¥21.74
CN¥27.70
+27.4%
0.4%CN¥27.80CN¥27.60n/a2
Jun ’25CN¥24.09
CN¥27.70
+15.0%
0.4%CN¥27.80CN¥27.60n/a2
May ’25CN¥24.12
CN¥27.70
+14.8%
0.4%CN¥27.80CN¥27.60n/a2
Nov ’24CN¥27.47
CN¥31.30
+13.9%
11.8%CN¥35.00CN¥27.60CN¥22.922
Oct ’24CN¥29.62
CN¥31.30
+5.7%
11.8%CN¥35.00CN¥27.60CN¥25.302
Sep ’24CN¥30.78
CN¥31.30
+1.7%
11.8%CN¥35.00CN¥27.60CN¥20.582
Aug ’24CN¥32.65
CN¥31.30
-4.1%
11.8%CN¥35.00CN¥27.60CN¥21.962
Jul ’24CN¥30.66
CN¥31.30
+2.1%
11.8%CN¥35.00CN¥27.60CN¥21.742
Jun ’24CN¥30.04
CN¥31.30
+4.2%
11.8%CN¥35.00CN¥27.60CN¥24.092
May ’24CN¥31.01
CN¥31.30
+0.9%
11.8%CN¥35.00CN¥27.60CN¥24.122
Apr ’24CN¥32.60
CN¥29.30
-10.1%
5.8%CN¥31.00CN¥27.60CN¥23.472
Mar ’24CN¥31.84
CN¥29.30
-8.0%
5.8%CN¥31.00CN¥27.60CN¥22.922
Feb ’24CN¥30.43
CN¥29.30
-3.7%
5.8%CN¥31.00CN¥27.60CN¥21.152
Jan ’24CN¥30.24
CN¥29.30
-3.1%
5.8%CN¥31.00CN¥27.60CN¥24.142
Dec ’23CN¥29.95
CN¥29.30
-2.2%
5.8%CN¥31.00CN¥27.60CN¥26.062
Nov ’23CN¥27.91
CN¥30.30
+8.6%
8.9%CN¥33.00CN¥27.60CN¥27.472

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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