Anjoy Foods Group Co., Ltd.

XSSC:603345 Stock Report

Market Cap: CN¥24.2b

Anjoy Foods Group Valuation

Is 603345 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-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 603345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 603345 (CN¥82.88) is trading below our estimate of fair value (CN¥228.37)

Significantly Below Fair Value: 603345 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 603345?

Key metric: As 603345 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 603345. This is calculated by dividing 603345's market cap by their current earnings.
What is 603345's PE Ratio?
PE Ratio17.3x
EarningsCN¥1.40b
Market CapCN¥24.22b

Price to Earnings Ratio vs Peers

How does 603345's PE Ratio compare to its peers?

The above table shows the PE ratio for 603345 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average23.2x
301498 Gambol Pet Group
42.7x20.9%CN¥25.0b
600737 Cofco Sugar HoldingLTD
11.4x21.6%CN¥20.4b
600298 Angel Yeast
22.2x14.6%CN¥29.1b
300761 Jiangsu Lihua Animal Husbandry
16.6x3.6%CN¥16.7b
603345 Anjoy Foods Group
17.3x13.4%CN¥24.2b

Price-To-Earnings vs Peers: 603345 is good value based on its Price-To-Earnings Ratio (17.3x) compared to the peer average (23.2x).

Price to Earnings Ratio vs Industry

How does 603345's PE Ratio compare vs other companies in the CN Food Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
002157 Jiangxi Zhengbang TechnologyLtd
2.6xn/aUS$4.13b
600872 Jonjee Hi-Tech Industrial and Commercial HoldingLtd
4.6x-46.9%US$2.27b
002086 Shandong Oriental Ocean Sci-Tech
3.7xn/aUS$882.52m
No more companies available in this PE range
603345 17.3xIndustry Avg. 28.3xNo. of Companies20PE020406080100+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 603345 is good value based on its Price-To-Earnings Ratio (17.3x) compared to the CN Food industry average (28.3x).

Price to Earnings Ratio vs Fair Ratio

What is 603345'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.

603345 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.3x
Fair PE Ratio23.3x

Price-To-Earnings vs Fair Ratio: 603345 is good value based on its Price-To-Earnings Ratio (17.3x) compared to the estimated Fair Price-To-Earnings Ratio (23.3x).

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 603345 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥82.88
CN¥93.14
+12.4%
15.0%CN¥115.08CN¥73.00n/a8
Nov ’25CN¥86.52
CN¥93.56
+8.1%
15.4%CN¥115.08CN¥73.00n/a9
Oct ’25CN¥99.34
CN¥92.14
-7.2%
12.8%CN¥110.00CN¥73.00n/a9
Sep ’25CN¥76.30
CN¥94.74
+24.2%
13.0%CN¥111.00CN¥73.00n/a9
Aug ’25CN¥76.34
CN¥102.42
+34.2%
10.9%CN¥116.00CN¥84.00n/a9
Jul ’25CN¥73.86
CN¥109.53
+48.3%
12.5%CN¥138.00CN¥84.00n/a9
Jun ’25CN¥91.14
CN¥116.51
+27.8%
21.2%CN¥179.32CN¥84.00n/a10
May ’25CN¥92.28
CN¥113.41
+22.9%
22.5%CN¥179.32CN¥84.00n/a10
Apr ’25CN¥87.09
CN¥127.42
+46.3%
34.9%CN¥240.00CN¥84.00n/a10
Mar ’25CN¥89.19
CN¥132.92
+49.0%
33.7%CN¥240.00CN¥84.00n/a10
Feb ’25CN¥74.47
CN¥135.62
+82.1%
32.5%CN¥240.00CN¥84.00n/a10
Jan ’25CN¥104.61
CN¥161.51
+54.4%
22.0%CN¥240.00CN¥112.00n/a10
Dec ’24CN¥110.30
CN¥174.41
+58.1%
17.8%CN¥240.00CN¥125.00n/a10
Nov ’24CN¥127.54
CN¥177.45
+39.1%
17.6%CN¥240.00CN¥125.00CN¥86.529
Oct ’24CN¥124.00
CN¥201.22
+62.3%
11.3%CN¥238.00CN¥172.00CN¥99.349
Sep ’24CN¥133.56
CN¥208.77
+56.3%
8.3%CN¥238.00CN¥172.00CN¥76.309
Aug ’24CN¥151.37
CN¥205.96
+36.1%
7.8%CN¥234.00CN¥172.00CN¥76.348
Jul ’24CN¥146.80
CN¥208.55
+42.1%
6.2%CN¥234.00CN¥186.00CN¥73.868
Jun ’24CN¥156.00
CN¥208.63
+33.7%
7.4%CN¥234.00CN¥178.00CN¥91.147
May ’24CN¥169.88
CN¥208.20
+22.6%
7.5%CN¥234.00CN¥178.00CN¥92.287
Apr ’24CN¥163.63
CN¥203.08
+24.1%
5.9%CN¥220.00CN¥186.00CN¥87.096
Mar ’24CN¥162.91
CN¥197.43
+21.2%
7.6%CN¥220.00CN¥177.50CN¥89.197
Feb ’24CN¥163.03
CN¥197.43
+21.1%
7.6%CN¥220.00CN¥177.50CN¥74.477
Jan ’24CN¥161.88
CN¥194.06
+19.9%
7.3%CN¥220.00CN¥177.50CN¥104.617
Dec ’23CN¥164.32
CN¥194.06
+18.1%
7.3%CN¥220.00CN¥177.50CN¥110.307
Nov ’23CN¥145.00
CN¥192.74
+32.9%
5.3%CN¥210.00CN¥177.50CN¥127.546

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

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