Hebei Hengshui Laobaigan Liquor Co., Ltd.

XSSC:600559 Stock Report

Market Cap: CN¥18.8b

Hebei Hengshui Laobaigan Liquor Valuation

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

Below Fair Value: 600559 (CN¥20.6) 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?

Key metric: As 600559 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600559. This is calculated by dividing 600559's market cap by their current earnings.
What is 600559's PE Ratio?
PE Ratio23.4x
EarningsCN¥803.93m
Market CapCN¥18.84b

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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.2x
002568 Shanghai Bairun Investment Holding Group
33.7x16.2%CN¥23.3b
600702 Shede Spirits
21.3x10.9%CN¥24.1b
603589 Anhui Kouzi Distillery
14.1x8.2%CN¥23.8b
600779 Sichuan SwellfunLtd
19.6x9.9%CN¥25.8b
600559 Hebei Hengshui Laobaigan Liquor
23.4x20.9%CN¥18.8b

Price-To-Earnings vs Peers: 600559 is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the peer average (21.6x).


Price to Earnings Ratio vs Industry

How does 600559'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
600559 23.4xIndustry Avg. 23.0xNo. of Companies6PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600559 is expensive based on its Price-To-Earnings Ratio (23.4x) compared to the CN Beverage industry average (23x).


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 Ratio23.4x
Fair PE Ratio26.2x

Price-To-Earnings vs Fair Ratio: 600559 is good value based on its Price-To-Earnings Ratio (23.4x) compared to the estimated Fair Price-To-Earnings Ratio (26.2x).


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 600559 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥20.77
CN¥26.20
+26.2%
6.0%CN¥27.49CN¥24.00n/a3
Nov ’25CN¥20.95
CN¥26.23
+25.2%
6.1%CN¥27.58CN¥24.00n/a3
Oct ’25CN¥23.22
CN¥24.56
+5.8%
9.3%CN¥27.58CN¥22.10n/a3
Sep ’25CN¥18.06
CN¥24.56
+36.0%
9.3%CN¥27.58CN¥22.10n/a3
Aug ’25CN¥17.25
CN¥27.04
+56.8%
9.8%CN¥30.00CN¥23.55n/a3
Jul ’25CN¥18.31
CN¥28.79
+57.2%
4.2%CN¥30.00CN¥27.58n/a2
Jun ’25CN¥22.36
CN¥28.79
+28.8%
4.2%CN¥30.00CN¥27.58n/a2
May ’25CN¥21.65
CN¥28.73
+32.7%
4.4%CN¥30.00CN¥27.46n/a2
Apr ’25CN¥19.69
CN¥28.73
+45.9%
4.4%CN¥30.00CN¥27.46n/a2
Oct ’24CN¥23.20
CN¥36.00
+55.2%
2.8%CN¥37.00CN¥35.00CN¥23.222
Sep ’24CN¥23.92
CN¥36.00
+50.5%
2.8%CN¥37.00CN¥35.00CN¥18.062
Aug ’24CN¥28.08
CN¥36.00
+28.2%
2.8%CN¥37.00CN¥35.00CN¥17.252
Jul ’24CN¥24.51
CN¥36.00
+46.9%
2.8%CN¥37.00CN¥35.00CN¥18.312
Jun ’24CN¥26.38
CN¥36.00
+36.5%
2.8%CN¥37.00CN¥35.00CN¥22.362
May ’24CN¥32.23
CN¥36.00
+11.7%
2.8%CN¥37.00CN¥35.00CN¥21.652
Feb ’24CN¥29.70
CN¥33.50
+12.8%
4.5%CN¥35.00CN¥32.00CN¥17.412
Jan ’24CN¥27.53
CN¥30.50
+10.8%
4.9%CN¥32.00CN¥29.00CN¥22.552

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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