Guangdong Yuehai Feeds GroupLtd Valuation

Q: What is the Fair Price of 001313 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

001313 (CN¥7.43) is trading below our estimate of [[fair value]] (CN¥87.3)

Is 001313 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 001313 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 001313 (CN¥7.43) is trading below our estimate of fair value (CN¥87.3)

Significantly Below Fair Value: 001313 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 001313?

Key metric: As 001313 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 001313. This is calculated by dividing 001313's market cap by their current revenue.
What is 001313's PS Ratio?
PS Ratio	0.9x
Sales	CN¥6.01b
Market Cap	CN¥5.12b

001313 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	56.8x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 001313's PS Ratio compare to its peers?

The above table shows the PS ratio for 001313 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.3x
300094 Zhanjiang Guolian Aquatic Products	1.3x	n/a	CN¥4.8b
002570 Beingmate	2x	n/a	CN¥4.9b
600300 V V Food & BeverageLtd	1.4x	n/a	CN¥4.7b
603719 BestoreLtd	0.6x	10.4%	CN¥4.7b
001313 Guangdong Yuehai Feeds GroupLtd	0.9x	15.3%	CN¥5.1b

Price-To-Sales vs Peers: 001313 is good value based on its Price-To-Sales Ratio (0.9x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does 001313's PS Ratio compare vs other companies in the CN Food Industry?

5 Companies	Price / Sales	Estimated Growth	Market Cap
603609 Wellhope Foods	0.2x	9.6%	US$1.04b
600073 Shanghai Bright Meat Group	0.3x	n/a	US$896.12m
301116 Jiangsu Yike Food GroupLtd	0.3x	20.1%	US$720.20m
603363 Fujian Aonong Biological Technology Group Incorporation	0.3x	n/a	US$441.07m

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 001313 is good value based on its Price-To-Sales Ratio (0.9x) compared to the CN Food industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is 001313'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.

001313 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.9x
Fair PS Ratio	1x

Price-To-Sales vs Fair Ratio: 001313 is good value based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (1x).

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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