S.F. Holding Co., Ltd.

SZSE:002352 Stock Report

Market Cap: CN¥201.9b

S.F. Holding Valuation

Is 002352 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 002352 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 002352 (CN¥42.11) is trading below our estimate of fair value (CN¥52.71)

Significantly Below Fair Value: 002352 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for 002352?

Key metric: As 002352 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 002352. This is calculated by dividing 002352's market cap by their current earnings.
What is 002352's PE Ratio?
PE Ratio21.1x
EarningsCN¥9.59b
Market CapCN¥201.93b

Price to Earnings Ratio vs Peers

How does 002352's PE Ratio compare to its peers?

The above table shows the PE ratio for 002352 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.4x
600233 YTO Express GroupLtd
13.1x13.1%CN¥52.1b
601156 Eastern Air Logistics
9x14.9%CN¥25.9b
002120 YUNDA Holding
12.5x9.5%CN¥23.3b
000099 CITIC Offshore Helicopter
95.1x20.8%CN¥22.8b
002352 S.F. Holding
21.1x13.0%CN¥201.9b

Price-To-Earnings vs Peers: 002352 is good value based on its Price-To-Earnings Ratio (21.1x) compared to the peer average (32.4x).


Price to Earnings Ratio vs Industry

How does 002352's PE Ratio compare vs other companies in the CN Logistics Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
002352 21.1xIndustry Avg. 18.1xNo. of Companies5PE01224364860+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 002352 is expensive based on its Price-To-Earnings Ratio (21.1x) compared to the CN Logistics industry average (18.1x).


Price to Earnings Ratio vs Fair Ratio

What is 002352'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.

002352 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.1x
Fair PE Ratio24x

Price-To-Earnings vs Fair Ratio: 002352 is good value based on its Price-To-Earnings Ratio (21.1x) compared to the estimated Fair Price-To-Earnings Ratio (24x).


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 002352 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCN¥42.11
CN¥50.65
+20.3%
10.9%CN¥63.00CN¥41.75n/a16
Nov ’25CN¥45.33
CN¥49.79
+9.8%
9.4%CN¥59.00CN¥41.75n/a15
Oct ’25CN¥44.98
CN¥47.21
+5.0%
10.7%CN¥59.00CN¥38.90n/a15
Sep ’25CN¥36.35
CN¥46.48
+27.9%
11.6%CN¥59.00CN¥38.90n/a14
Aug ’25CN¥34.66
CN¥46.08
+32.9%
12.0%CN¥59.00CN¥35.50n/a14
Jul ’25CN¥35.30
CN¥46.06
+30.5%
12.1%CN¥59.00CN¥35.30n/a14
Jun ’25CN¥36.85
CN¥46.20
+25.4%
12.2%CN¥59.00CN¥35.30n/a14
May ’25CN¥36.25
CN¥47.20
+30.2%
15.1%CN¥63.00CN¥35.30n/a14
Apr ’25CN¥36.52
CN¥48.96
+34.1%
17.9%CN¥63.00CN¥34.10n/a13
Mar ’25CN¥38.05
CN¥56.40
+48.2%
20.8%CN¥74.00CN¥41.70n/a12
Feb ’25CN¥34.71
CN¥60.71
+74.9%
17.7%CN¥74.00CN¥42.00n/a14
Jan ’25CN¥40.40
CN¥60.71
+50.3%
17.7%CN¥74.00CN¥42.00n/a14
Dec ’24CN¥41.68
CN¥60.70
+45.6%
17.8%CN¥74.00CN¥41.83n/a14
Nov ’24CN¥39.01
CN¥63.04
+61.6%
16.4%CN¥74.00CN¥41.83CN¥45.3313
Oct ’24CN¥40.80
CN¥67.33
+65.0%
14.8%CN¥95.00CN¥52.00CN¥44.9814
Sep ’24CN¥43.68
CN¥69.24
+58.5%
14.8%CN¥95.00CN¥54.00CN¥36.3515
Aug ’24CN¥49.79
CN¥68.80
+38.2%
14.0%CN¥95.00CN¥54.00CN¥34.6618
Jul ’24CN¥45.09
CN¥68.82
+52.6%
13.8%CN¥95.00CN¥56.00CN¥35.3018
Jun ’24CN¥47.25
CN¥68.82
+45.6%
13.8%CN¥95.00CN¥56.00CN¥36.8518
May ’24CN¥56.45
CN¥69.43
+23.0%
13.9%CN¥95.00CN¥56.00CN¥36.2518
Apr ’24CN¥55.38
CN¥69.40
+25.3%
14.4%CN¥95.00CN¥49.50CN¥36.5219
Mar ’24CN¥54.11
CN¥69.25
+28.0%
15.1%CN¥95.00CN¥49.50CN¥38.0518
Feb ’24CN¥57.85
CN¥70.55
+22.0%
16.4%CN¥95.00CN¥49.50CN¥34.7119
Jan ’24CN¥57.76
CN¥69.09
+19.6%
17.7%CN¥95.00CN¥49.50CN¥40.4019
Dec ’23CN¥54.47
CN¥69.20
+27.0%
18.0%CN¥95.00CN¥49.50CN¥41.6819
Nov ’23CN¥49.46
CN¥70.79
+43.1%
15.9%CN¥95.00CN¥58.20CN¥39.0119

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