Hebei Hengshui Laobaigan Liquor Valuation

Q: What is the Fair Price of 600559 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

600559 (CN¥24.08) is trading above our estimate of [[fair value]] (CN¥5.81)

Is 600559 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 600559 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600559 (CN¥24.08) is trading above our estimate of fair value (CN¥5.81)

Significantly Below Fair Value: 600559 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600559?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for 600559. This is calculated by dividing 600559's market cap by their current preferred multiple.
What is 600559's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	n/a

600559 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	3.6x
Enterprise Value/EBITDA	17.6x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

How does 600559's PE Ratio compare to its peers?

The above table shows the PE ratio for 600559 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	24.5x
600702 Shede Spirits	23.2x	12.0%	CN¥26.0b
603589 Anhui Kouzi Distillery	15.3x	8.9%	CN¥26.6b
002568 Shanghai Bairun Investment Holding Group	39.2x	17.7%	CN¥29.1b
600779 Sichuan SwellfunLtd	20.3x	10.8%	CN¥27.0b
600559 Hebei Hengshui Laobaigan Liquor	27.4x	21.1%	CN¥22.0b

Price-To-Earnings vs Peers: 600559 is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does 600559's PE Ratio compare vs other companies in the CN Beverage Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: 600559 is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the CN Beverage industry average (23.9x).

Price to Earnings Ratio vs Fair Ratio

What is 600559'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.

600559 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	27.4x
Fair PE Ratio	26.7x

Price-To-Earnings vs Fair Ratio: 600559 is expensive based on its Price-To-Earnings Ratio (27.4x) compared to the estimated Fair Price-To-Earnings Ratio (26.7x).

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 600559 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥24.08	CN¥26.23 +8.9%	6.1%	CN¥27.58	CN¥24.00	n/a	3
Nov ’25	CN¥20.95	CN¥26.23 +25.2%	6.1%	CN¥27.58	CN¥24.00	n/a	3
Oct ’25	CN¥23.22	CN¥24.56 +5.8%	9.3%	CN¥27.58	CN¥22.10	n/a	3
Sep ’25	CN¥18.06	CN¥24.56 +36.0%	9.3%	CN¥27.58	CN¥22.10	n/a	3
Aug ’25	CN¥17.25	CN¥27.04 +56.8%	9.8%	CN¥30.00	CN¥23.55	n/a	3
Jul ’25	CN¥18.31	CN¥28.79 +57.2%	4.2%	CN¥30.00	CN¥27.58	n/a	2
Jun ’25	CN¥22.36	CN¥28.79 +28.8%	4.2%	CN¥30.00	CN¥27.58	n/a	2
May ’25	CN¥21.65	CN¥28.73 +32.7%	4.4%	CN¥30.00	CN¥27.46	n/a	2
Apr ’25	CN¥19.69	CN¥28.73 +45.9%	4.4%	CN¥30.00	CN¥27.46	n/a	2
Oct ’24	CN¥23.20	CN¥36.00 +55.2%	2.8%	CN¥37.00	CN¥35.00	CN¥23.22	2
Sep ’24	CN¥23.92	CN¥36.00 +50.5%	2.8%	CN¥37.00	CN¥35.00	CN¥18.06	2
Aug ’24	CN¥28.08	CN¥36.00 +28.2%	2.8%	CN¥37.00	CN¥35.00	CN¥17.25	2
Jul ’24	CN¥24.51	CN¥36.00 +46.9%	2.8%	CN¥37.00	CN¥35.00	CN¥18.31	2
Jun ’24	CN¥26.38	CN¥36.00 +36.5%	2.8%	CN¥37.00	CN¥35.00	CN¥22.36	2
May ’24	CN¥32.23	CN¥36.00 +11.7%	2.8%	CN¥37.00	CN¥35.00	CN¥21.65	2
Feb ’24	CN¥29.70	CN¥33.50 +12.8%	4.5%	CN¥35.00	CN¥32.00	CN¥17.41	2
Jan ’24	CN¥27.53	CN¥30.50 +10.8%	4.9%	CN¥32.00	CN¥29.00	CN¥22.55	2

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