Beijing Caishikou Department StoreLtd Valuation

Q: What is the Fair Price of 605599 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

605599 (CN¥10.94) is trading above our estimate of [[fair value]] (CN¥1.52)

Is 605599 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 605599 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 605599 (CN¥10.94) is trading above our estimate of fair value (CN¥1.52)

Significantly Below Fair Value: 605599 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 605599?

Key metric: As 605599 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 605599. This is calculated by dividing 605599's market cap by their current earnings.
What is 605599's PE Ratio?
PE Ratio	12.7x
Earnings	CN¥669.40m
Market Cap	CN¥8.51b

605599 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.3x
Enterprise Value/EBITDA	6.7x
PEG Ratio	0.9x

Price to Earnings Ratio vs Peers

How does 605599's PE Ratio compare to its peers?

The above table shows the PE ratio for 605599 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	30x
600398 Hla Group	11.6x	14.9%	CN¥27.9b
301088 RumereLtd	34.6x	20.2%	CN¥3.0b
002818 Chengdu Fusen Noble-House IndustrialLtd	13.1x	9.0%	CN¥9.6b
600650 Shanghai Jin Jiang Online Network Service	60.7x	n/a	CN¥9.3b
605599 Beijing Caishikou Department StoreLtd	12.7x	14.1%	CN¥8.5b

Price-To-Earnings vs Peers: 605599 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (30x).

Price to Earnings Ratio vs Industry

How does 605599's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 605599 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Asian Specialty Retail industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is 605599'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.

605599 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.7x
Fair PE Ratio	22.5x

Price-To-Earnings vs Fair Ratio: 605599 is good value based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

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 605599 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	CN¥10.94	CN¥14.95 +36.7%	10.7%	CN¥17.22	CN¥13.64	n/a	3
Nov ’25	CN¥10.56	CN¥15.42 +46.0%	8.7%	CN¥17.22	CN¥14.00	n/a	3
Oct ’25	CN¥11.89	CN¥15.42 +29.7%	8.7%	CN¥17.22	CN¥14.00	n/a	3
Sep ’25	CN¥10.74	CN¥16.73 +55.8%	12.3%	CN¥18.98	CN¥14.00	n/a	3
Aug ’25	CN¥11.14	CN¥18.07 +62.2%	4.0%	CN¥18.98	CN¥17.22	n/a	3
Jul ’25	CN¥12.96	CN¥18.07 +39.4%	4.0%	CN¥18.98	CN¥17.22	n/a	3
Jun ’25	CN¥14.28	CN¥17.91 +25.4%	3.0%	CN¥18.51	CN¥17.22	n/a	3
May ’25	CN¥14.94	CN¥18.26 +22.2%	1.4%	CN¥18.51	CN¥18.00	n/a	2

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

Discover undervalued companies

Chongqing Department StoreLtd

CN¥11.6b

Operates department stores, supermarkets, and electrical appliances stores in the People's Republic of China.

600729

CN¥26.28

1.2%

-10.8%

Wangfujing Group

CN¥16.1b

Engages in retailing business in China.

600859

CN¥14.24

-2.9%

-20.5%