Yantai China Pet Foods Co., Ltd.

XSEC:002891 Stock Report

Market Cap: CN¥9.5b

Yantai China Pet Foods Valuation

Is 002891 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 002891 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002891 (CN¥32.88) is trading below our estimate of fair value (CN¥39.59)

Significantly Below Fair Value: 002891 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002891?

Key metric: As 002891 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002891. This is calculated by dividing 002891's market cap by their current earnings.
What is 002891's PE Ratio?
PE Ratio28.1x
EarningsCN¥338.39m
Market CapCN¥9.52b

Price to Earnings Ratio vs Peers

How does 002891's PE Ratio compare to its peers?

The above table shows the PE ratio for 002891 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24.6x
600186 Lotus Health Group
46.9xn/aCN¥9.4b
000848 Cheng De Lolo
15.6x12.9%CN¥9.6b
002053 Yunnan Energy Investment
14.4x18.7%CN¥10.3b
002946 New Hope Dairy
21.4x18.7%CN¥11.2b
002891 Yantai China Pet Foods
28.1x14.0%CN¥9.5b

Price-To-Earnings vs Peers: 002891 is expensive based on its Price-To-Earnings Ratio (28.1x) compared to the peer average (24.6x).

Price to Earnings Ratio vs Industry

How does 002891's PE Ratio compare vs other companies in the CN Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.7xn/aUS$4.40b
002086 Shandong Oriental Ocean Sci-Tech
4xn/aUS$949.58m
No more companies available in this PE range
002891 28.1xIndustry Avg. 32.3xNo. of Companies18PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002891 is good value based on its Price-To-Earnings Ratio (28.1x) compared to the CN Food industry average (30x).

Price to Earnings Ratio vs Fair Ratio

What is 002891'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.

002891 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio28.1x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: 002891 is expensive based on its Price-To-Earnings Ratio (28.1x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).

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 002891 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥32.88
CN¥32.47
-1.2%
13.3%CN¥36.57CN¥22.30n/a8
Nov ’25CN¥29.76
CN¥31.57
+6.1%
13.0%CN¥35.82CN¥22.30n/a8
Oct ’25CN¥24.48
CN¥26.30
+7.4%
9.5%CN¥29.70CN¥22.30n/a8
Sep ’25CN¥21.38
CN¥26.30
+23.0%
9.5%CN¥29.70CN¥22.30n/a8
Aug ’25CN¥18.80
CN¥30.03
+59.7%
11.6%CN¥34.06CN¥22.30n/a8
Jul ’25CN¥21.15
CN¥30.33
+43.4%
10.5%CN¥34.06CN¥23.40n/a8
Jun ’25CN¥22.69
CN¥30.33
+33.7%
10.5%CN¥34.06CN¥23.40n/a8
May ’25CN¥25.18
CN¥30.33
+20.5%
10.5%CN¥34.06CN¥23.40n/a8
Apr ’25CN¥24.16
CN¥30.70
+27.0%
11.3%CN¥35.76CN¥23.40n/a8
Mar ’25CN¥23.48
CN¥30.72
+30.8%
11.2%CN¥35.76CN¥23.40n/a8
Feb ’25CN¥22.12
CN¥30.65
+38.5%
11.8%CN¥35.76CN¥22.80n/a8
Jan ’25CN¥26.35
CN¥30.86
+17.1%
12.1%CN¥35.76CN¥22.80n/a8
Dec ’24CN¥24.86
CN¥30.86
+24.1%
12.1%CN¥35.76CN¥22.80n/a8
Nov ’24CN¥24.77
CN¥29.94
+20.9%
10.5%CN¥34.00CN¥22.80CN¥29.768
Oct ’24CN¥23.45
CN¥29.94
+27.7%
10.5%CN¥34.00CN¥22.80CN¥24.488
Sep ’24CN¥24.37
CN¥29.94
+22.9%
10.5%CN¥34.00CN¥22.80CN¥21.388
Aug ’24CN¥25.29
CN¥28.91
+14.3%
12.8%CN¥34.00CN¥22.80CN¥18.807
Jul ’24CN¥24.14
CN¥26.51
+9.8%
10.3%CN¥30.00CN¥20.80CN¥21.157
Jun ’24CN¥23.40
CN¥26.09
+11.5%
9.4%CN¥29.00CN¥20.30CN¥22.698
May ’24CN¥21.67
CN¥26.10
+20.4%
9.5%CN¥29.00CN¥20.30CN¥25.188
Apr ’24CN¥23.71
CN¥26.90
+13.5%
9.6%CN¥31.20CN¥22.80CN¥24.167
Mar ’24CN¥24.81
CN¥26.90
+8.4%
9.6%CN¥31.20CN¥22.80CN¥23.487
Feb ’24CN¥23.94
CN¥27.06
+13.0%
9.8%CN¥31.70CN¥22.80CN¥22.127
Jan ’24CN¥22.31
CN¥27.06
+21.3%
9.8%CN¥31.70CN¥22.80CN¥26.357
Dec ’23CN¥22.98
CN¥27.06
+17.8%
9.8%CN¥31.70CN¥22.80CN¥24.867
Nov ’23CN¥20.57
CN¥27.52
+33.8%
10.1%CN¥31.70CN¥22.80CN¥24.777

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

Discover undervalued companies

New Hope LiuheLtd

CN¥43.0b

Engages in feed, white-feathered poultry, pig farming, and food businesses in China, Vietnam, the Philippines, Bangladesh, Indonesia, Cambodia, Sri Lanka, Singapore, Egypt, and internationally.

876

CN¥9.53

7D

0.8%

1Y

4.5%

Cofco Sugar HoldingLTD

CN¥21.0b

Engages in the sugar and tomato processing activities in China and internationally.

600737

CN¥9.84

7D

2.9%

1Y

14.2%

Jonjee Hi-Tech Industrial and Commercial HoldingLtd

CN¥18.0b

Produces and sells seasoning products in China and internationally.

600872

CN¥23.53

7D

9.4%

1Y

-27.3%