Nongfu Spring Co., Ltd.

DB:7NF Stock Report

Market Cap: €43.8b

Nongfu Spring Valuation

Is 7NF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • 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 7NF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 7NF (€3.82) is trading below our estimate of fair value (€5.57)

Significantly Below Fair Value: 7NF is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 7NF?

Key metric: As 7NF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 7NF. This is calculated by dividing 7NF's market cap by their current earnings.
What is 7NF's PE Ratio?
PE Ratio26.5x
EarningsCN¥12.54b
Market CapCN¥331.83b

Price to Earnings Ratio vs Peers

How does 7NF's PE Ratio compare to its peers?

The above table shows the PE ratio for 7NF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.4x
MUT Mineralbrunnen Überkingen-Teinach GmbH KGaA
11.9xn/a€103.8m
MNST Monster Beverage
33.2x11.7%US$53.5b
KDP Keurig Dr Pepper
19.4x6.2%US$44.6b
CCEP Coca-Cola Europacific Partners
21.2x9.3%€34.2b
7NF Nongfu Spring
26.5x10.2%€357.1b

Price-To-Earnings vs Peers: 7NF is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the peer average (21.4x).

Price to Earnings Ratio vs Industry

How does 7NF's PE Ratio compare vs other companies in the European Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
7NF 26.5xIndustry Avg. 17.3xNo. of Companies7PE01020304050+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 7NF is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the European Beverage industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is 7NF'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.

7NF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.5x
Fair PE Ratio25.7x

Price-To-Earnings vs Fair Ratio: 7NF is expensive based on its Price-To-Earnings Ratio (26.5x) compared to the estimated Fair Price-To-Earnings Ratio (25.7x).

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 7NF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€3.82
€4.15
+8.7%
20.5%€6.05€2.32n/a21
Nov ’25€3.48
€4.07
+16.9%
20.6%€5.96€2.26n/a21
Oct ’25€3.92
€4.02
+2.6%
22.8%€6.40€2.19n/a21
Sep ’25€3.38
€4.36
+29.0%
25.9%€6.99€2.21n/a21
Aug ’25€3.46
€5.15
+48.8%
17.2%€6.97€3.08n/a20
Jul ’25€4.34
€5.88
+35.4%
11.3%€7.06€4.35n/a20
Jun ’25€4.86
€5.82
+19.7%
11.3%€6.99€4.31n/a20
May ’25€5.45
€5.85
+7.3%
11.4%€6.99€4.34n/a19
Apr ’25€4.95
€5.80
+17.3%
11.4%€6.99€4.34n/a19
Mar ’25€5.04
€5.83
+15.7%
12.2%€6.96€4.09n/a20
Feb ’25€4.95
€5.86
+18.5%
12.3%€7.03€4.14n/a20
Jan ’25€5.18
€5.92
+14.3%
13.0%€6.92€3.94n/a20
Dec ’24€5.16
€5.98
+15.9%
12.7%€6.87€3.97n/a20
Nov ’24€5.40
€6.03
+11.7%
12.5%€6.92€4.08€3.4820
Oct ’24€5.34
€6.04
+13.0%
12.5%€6.86€4.05€3.9220
Sep ’24€5.00
€5.91
+18.3%
12.8%€6.77€4.00€3.3819
Aug ’24€5.21
€5.65
+8.5%
14.1%€6.71€3.60€3.4617
Jul ’24€5.00
€5.59
+11.8%
13.4%€6.72€3.64€4.3417
Jun ’24€4.86
€5.74
+18.1%
13.0%€6.69€3.69€4.8617
May ’24€4.84
€5.70
+17.7%
13.4%€6.65€3.56€5.4517
Apr ’24€5.12
€5.80
+13.3%
13.8%€6.82€3.65€4.9516
Mar ’24€5.20
€5.94
+14.1%
15.3%€7.01€3.15€5.0418
Feb ’24€5.01
€5.85
+16.6%
15.4%€6.89€3.10€4.9518
Jan ’24€5.16
€5.84
+13.2%
15.7%€6.87€3.09€5.1818
Dec ’23€5.29
€5.96
+12.5%
14.6%€6.95€3.18€5.1617
Nov ’23€5.08
€6.08
+19.7%
14.5%€7.06€3.29€5.4017

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

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