Wangfujing Group Co., Ltd.

SHSE:600859 Stock Report

Market Cap: CN¥17.9b

Wangfujing Group Valuation

Is 600859 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 600859 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 600859 (CN¥15.82) is trading below our estimate of fair value (CN¥28.03)

Significantly Below Fair Value: 600859 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 600859?

Key metric: As 600859 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 600859. This is calculated by dividing 600859's market cap by their current earnings.
What is 600859's PE Ratio?
PE Ratio36.6x
EarningsCN¥488.25m
Market CapCN¥17.86b

Price to Earnings Ratio vs Peers

How does 600859's PE Ratio compare to its peers?

The above table shows the PE ratio for 600859 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average47.8x
600729 Chongqing Department StoreLtd
12.3x9.5%CN¥13.4b
000785 Easyhome New Retail Group
28.2x13.3%CN¥24.8b
301558 SFC Holdings
138.2xn/aCN¥8.2b
600694 Dashang
12.6x6.5%CN¥7.4b
600859 Wangfujing Group
36.6x26.3%CN¥17.9b

Price-To-Earnings vs Peers: 600859 is good value based on its Price-To-Earnings Ratio (36.6x) compared to the peer average (47.8x).

Price to Earnings Ratio vs Industry

How does 600859's PE Ratio compare vs other companies in the CN Multiline Retail Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
600859 36.6xIndustry Avg. 52.6xNo. of Companies6PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 600859 is good value based on its Price-To-Earnings Ratio (36.6x) compared to the CN Multiline Retail industry average (52.6x).

Price to Earnings Ratio vs Fair Ratio

What is 600859'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.

600859 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio36.6x
Fair PE Ratio32x

Price-To-Earnings vs Fair Ratio: 600859 is expensive based on its Price-To-Earnings Ratio (36.6x) compared to the estimated Fair Price-To-Earnings Ratio (32x).

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 600859 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥15.82
CN¥17.11
+8.1%
7.6%CN¥18.75CN¥15.67n/a4
Dec ’25CN¥14.97
CN¥17.11
+14.3%
7.6%CN¥18.75CN¥15.67n/a4
Nov ’25CN¥15.00
CN¥16.06
+7.1%
7.7%CN¥18.00CN¥14.57n/a4
Oct ’25CN¥16.21
CN¥16.09
-0.7%
7.6%CN¥18.00CN¥14.57n/a4
Sep ’25CN¥12.65
CN¥16.60
+31.2%
6.0%CN¥18.00CN¥15.80n/a3
Aug ’25CN¥14.43
CN¥17.60
+22.0%
7.6%CN¥19.00CN¥15.80n/a3
Jul ’25CN¥11.80
CN¥17.60
+49.2%
7.6%CN¥19.00CN¥15.80n/a3
Jun ’25CN¥13.18
CN¥17.60
+33.5%
7.6%CN¥19.00CN¥15.80n/a3
May ’25CN¥13.64
CN¥17.60
+29.0%
7.6%CN¥19.00CN¥15.80n/a3
Apr ’25CN¥13.76
CN¥25.68
+86.6%
29.5%CN¥34.24CN¥15.80n/a3
Mar ’25CN¥15.03
CN¥31.34
+108.5%
9.7%CN¥34.24CN¥27.00n/a4
Feb ’25CN¥13.91
CN¥31.34
+125.3%
9.7%CN¥34.24CN¥27.00n/a4
Jan ’25CN¥15.97
CN¥31.34
+96.2%
9.7%CN¥34.24CN¥27.00n/a4
Dec ’24CN¥17.49
CN¥31.34
+79.2%
9.7%CN¥34.24CN¥27.00CN¥14.974
Nov ’24CN¥17.69
CN¥31.34
+77.1%
9.7%CN¥34.24CN¥27.00CN¥15.004
Oct ’24CN¥20.06
CN¥30.67
+52.9%
11.1%CN¥34.24CN¥25.00CN¥16.215
Sep ’24CN¥21.10
CN¥31.31
+48.4%
13.4%CN¥37.30CN¥25.00CN¥12.655
Aug ’24CN¥22.85
CN¥34.65
+51.6%
17.6%CN¥43.57CN¥25.00CN¥14.437
Jul ’24CN¥19.79
CN¥34.65
+75.1%
17.6%CN¥43.57CN¥25.00CN¥11.807
Jun ’24CN¥20.54
CN¥34.65
+68.7%
17.6%CN¥43.57CN¥25.00CN¥13.187
May ’24CN¥22.25
CN¥34.65
+55.7%
17.6%CN¥43.57CN¥25.00CN¥13.647
Apr ’24CN¥24.99
CN¥33.80
+35.3%
20.8%CN¥43.57CN¥25.00CN¥13.766
Mar ’24CN¥27.40
CN¥33.80
+23.4%
20.8%CN¥43.57CN¥25.00CN¥15.036
Feb ’24CN¥28.38
CN¥33.10
+16.6%
22.7%CN¥43.57CN¥25.00CN¥13.915
Jan ’24CN¥28.14
CN¥27.11
-3.7%
6.1%CN¥29.03CN¥25.00CN¥15.973
Dec ’23CN¥25.66
CN¥27.11
+5.7%
6.1%CN¥29.03CN¥25.00CN¥17.493

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 08:17
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Wangfujing Group Co., Ltd. is covered by 32 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jialin HouAJ Securities Co., Ltd
Liu DuBOCI Research Ltd.
Ronald LeungBofA Global Research