Byhealth Co., Ltd

XSEC:300146 Stock Report

Market Cap: CN¥21.7b

Byhealth Valuation

Is 300146 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 300146 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 300146 (CN¥12.9) is trading below our estimate of fair value (CN¥31.11)

Significantly Below Fair Value: 300146 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 300146?

Key metric: As 300146 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 300146. This is calculated by dividing 300146's market cap by their current earnings.
What is 300146's PE Ratio?
PE Ratio30.5x
EarningsCN¥713.82m
Market CapCN¥21.74b

Price to Earnings Ratio vs Peers

How does 300146's PE Ratio compare to its peers?

The above table shows the PE ratio for 300146 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average35.9x
603868 Shanghai Flyco Electrical Appliance
27.2x16.0%CN¥17.9b
300957 Yunnan Botanee Bio-Technology GroupLTD
35.3x33.3%CN¥20.9b
603983 Guangdong Marubi Biotechnology
38.1x24.0%CN¥12.4b
600315 Shanghai Jahwa United
43.2x27.5%CN¥11.6b
300146 Byhealth
30.5x34.8%CN¥21.7b

Price-To-Earnings vs Peers: 300146 is good value based on its Price-To-Earnings Ratio (30.5x) compared to the peer average (35.9x).

Price to Earnings Ratio vs Industry

How does 300146's PE Ratio compare vs other companies in the CN Personal Products Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
300146 30.5xIndustry Avg. 34.7xNo. of Companies5PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 300146 is good value based on its Price-To-Earnings Ratio (30.5x) compared to the CN Personal Products industry average (34.7x).

Price to Earnings Ratio vs Fair Ratio

What is 300146'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.

300146 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.5x
Fair PE Ratio36.8x

Price-To-Earnings vs Fair Ratio: 300146 is good value based on its Price-To-Earnings Ratio (30.5x) compared to the estimated Fair Price-To-Earnings Ratio (36.8x).

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 300146 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥12.90
CN¥14.97
+16.0%
10.9%CN¥16.75CN¥12.00n/a6
Nov ’25CN¥12.62
CN¥14.61
+15.8%
10.7%CN¥16.70CN¥12.00n/a5
Oct ’25CN¥14.90
CN¥16.68
+11.9%
20.8%CN¥24.00CN¥13.00n/a6
Sep ’25CN¥11.29
CN¥16.67
+47.7%
22.8%CN¥24.00CN¥13.00n/a5
Aug ’25CN¥13.24
CN¥22.19
+67.6%
21.2%CN¥31.00CN¥17.20n/a5
Jul ’25CN¥13.79
CN¥22.19
+60.9%
21.2%CN¥31.00CN¥17.20n/a5
Jun ’25CN¥15.12
CN¥22.19
+46.8%
21.2%CN¥31.00CN¥17.20n/a5
May ’25CN¥15.84
CN¥22.19
+40.1%
21.2%CN¥31.00CN¥17.20n/a5
Apr ’25CN¥17.17
CN¥22.99
+33.9%
18.8%CN¥31.00CN¥18.20n/a5
Mar ’25CN¥16.78
CN¥26.39
+57.3%
12.0%CN¥31.00CN¥23.00n/a4
Feb ’25CN¥15.17
CN¥26.39
+74.0%
12.0%CN¥31.00CN¥23.00n/a4
Jan ’25CN¥17.03
CN¥25.67
+50.7%
12.3%CN¥31.00CN¥22.80n/a5
Dec ’24CN¥18.23
CN¥25.67
+40.8%
12.3%CN¥31.00CN¥22.80n/a5
Nov ’24CN¥18.32
CN¥26.37
+44.0%
10.7%CN¥31.00CN¥23.00CN¥12.625
Oct ’24CN¥18.99
CN¥28.57
+50.5%
5.9%CN¥31.00CN¥26.30CN¥14.905
Sep ’24CN¥19.38
CN¥28.57
+47.4%
5.9%CN¥31.00CN¥26.30CN¥11.295
Aug ’24CN¥21.19
CN¥27.97
+32.0%
4.8%CN¥30.00CN¥26.30CN¥13.244
Jul ’24CN¥23.98
CN¥27.97
+16.6%
4.8%CN¥30.00CN¥26.30CN¥13.794
Jun ’24CN¥22.44
CN¥27.97
+24.7%
4.3%CN¥30.00CN¥26.30CN¥15.125
May ’24CN¥23.88
CN¥27.97
+17.1%
4.3%CN¥30.00CN¥26.30CN¥15.845
Apr ’24CN¥21.35
CN¥27.73
+29.9%
5.6%CN¥30.00CN¥25.10CN¥17.175
Mar ’24CN¥22.97
CN¥27.59
+20.1%
3.7%CN¥28.50CN¥25.60CN¥16.785
Feb ’24CN¥23.01
CN¥27.59
+19.9%
3.7%CN¥28.50CN¥25.60CN¥15.175
Jan ’24CN¥22.82
CN¥26.55
+16.3%
15.8%CN¥33.90CN¥20.88CN¥17.036
Dec ’23CN¥20.37
CN¥25.13
+23.4%
18.7%CN¥33.90CN¥20.00CN¥18.236
Nov ’23CN¥18.13
CN¥25.36
+39.9%
20.2%CN¥33.90CN¥20.00CN¥18.325

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

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