Bright Dairy & Food Co.,Ltd

XSSC:600597 Stock Report

Market Cap: CN¥11.8b

Bright Dairy & FoodLtd Valuation

Is 600597 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 600597 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600597 (CN¥8.53) is trading above our estimate of fair value (CN¥0.47)

Significantly Below Fair Value: 600597 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600597?

Key metric: As 600597 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600597. This is calculated by dividing 600597's market cap by their current earnings.
What is 600597's PE Ratio?
PE Ratio15.5x
EarningsCN¥761.01m
Market CapCN¥11.76b

Price to Earnings Ratio vs Peers

How does 600597's PE Ratio compare to its peers?

The above table shows the PE ratio for 600597 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.6x
300783 Three Squirrels
29.4x25.7%CN¥11.5b
603517 Juewei Food
30.6x27.4%CN¥12.0b
600882 Shanghai Milkground Food Tech
65.4x26.8%CN¥8.9b
002216 Sanquan Food
16.8x10.7%CN¥9.9b
600597 Bright Dairy & FoodLtd
15.5x-5.5%CN¥11.8b

Price-To-Earnings vs Peers: 600597 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (35.6x).

Price to Earnings Ratio vs Industry

How does 600597's PE Ratio compare vs other companies in the CN Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.6xn/aUS$4.12b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd
4.6x-46.9%US$2.26b
002086 Shandong Oriental Ocean Sci-Tech
3.8xn/aUS$908.65m
No more companies available in this PE range
600597 15.5xIndustry Avg. 27.8xNo. of Companies19PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600597 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the CN Food industry average (27.8x).

Price to Earnings Ratio vs Fair Ratio

What is 600597'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.

600597 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.5x
Fair PE Ratio15x

Price-To-Earnings vs Fair Ratio: 600597 is expensive based on its Price-To-Earnings Ratio (15.5x) compared to the estimated Fair Price-To-Earnings Ratio (15x).

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 600597 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥8.53
CN¥9.45
+10.7%
8.7%CN¥10.43CN¥8.41n/a3
Nov ’25CN¥8.42
CN¥9.45
+12.2%
8.7%CN¥10.43CN¥8.41n/a3
Oct ’25CN¥9.26
CN¥9.45
+2.0%
8.7%CN¥10.43CN¥8.41n/a3
Sep ’25CN¥7.73
CN¥9.45
+22.2%
8.7%CN¥10.43CN¥8.41n/a3
Aug ’25CN¥8.16
CN¥10.21
+25.1%
1.7%CN¥10.43CN¥10.00n/a3
Jul ’25CN¥7.83
CN¥10.21
+30.4%
1.7%CN¥10.43CN¥10.00n/a3
Jun ’25CN¥8.64
CN¥10.10
+16.8%
0.9%CN¥10.19CN¥10.00n/a2
May ’25CN¥9.03
CN¥10.10
+11.8%
0.9%CN¥10.19CN¥10.00n/a2
Apr ’25CN¥9.35
CN¥11.64
+24.5%
4.4%CN¥12.25CN¥11.00n/a3
Mar ’25CN¥9.16
CN¥11.64
+27.1%
4.4%CN¥12.25CN¥11.00n/a3
Feb ’25CN¥8.69
CN¥11.64
+34.0%
4.4%CN¥12.25CN¥11.00n/a3
Jan ’25CN¥8.73
CN¥10.81
+23.8%
14.0%CN¥12.25CN¥8.30n/a4
Dec ’24CN¥9.31
CN¥10.81
+16.1%
14.0%CN¥12.25CN¥8.30n/a4
Nov ’24CN¥9.46
CN¥11.03
+16.6%
10.4%CN¥12.25CN¥9.20CN¥8.424
Oct ’24CN¥10.30
CN¥11.03
+7.1%
10.4%CN¥12.25CN¥9.20CN¥9.264
Sep ’24CN¥10.56
CN¥11.43
+8.3%
7.2%CN¥12.25CN¥10.30CN¥7.734
Aug ’24CN¥10.97
CN¥11.21
+2.1%
6.0%CN¥12.18CN¥10.30CN¥8.164
Jul ’24CN¥10.40
CN¥11.96
+15.0%
13.7%CN¥15.00CN¥10.30CN¥7.835
Jun ’24CN¥11.04
CN¥11.96
+8.4%
13.7%CN¥15.00CN¥10.30CN¥8.645
May ’24CN¥10.80
CN¥11.91
+10.3%
15.3%CN¥15.00CN¥10.30CN¥9.034
Apr ’24CN¥10.69
CN¥12.69
+18.7%
13.4%CN¥15.00CN¥11.00CN¥9.356
Mar ’24CN¥10.99
CN¥13.06
+18.8%
12.3%CN¥15.00CN¥11.00CN¥9.166
Feb ’24CN¥10.75
CN¥13.06
+21.5%
12.3%CN¥15.00CN¥11.00CN¥8.696
Jan ’24CN¥10.76
CN¥12.87
+19.6%
14.6%CN¥15.00CN¥9.90CN¥8.736
Dec ’23CN¥10.61
CN¥12.87
+21.3%
14.6%CN¥15.00CN¥9.90CN¥9.316
Nov ’23CN¥9.72
CN¥13.26
+36.4%
10.6%CN¥15.00CN¥11.00CN¥9.466

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

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