Vitasoy International Holdings (SEHK:345) Stock Valuation, Peer Comparison & Price Targets

Q: What is the Fair Price of 345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

345 (HK$10.52) is trading above our estimate of [[fair value]] (HK$3.92)

Share Price vs Fair Value

What is the Fair Price of 345 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 345 (HK$10.52) is trading above our estimate of fair value (HK$3.92)

Significantly Below Fair Value: 345 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 345?

Key metric: As 345 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 345. This is calculated by dividing 345's market cap by their current earnings.
What is 345's PE Ratio?
PE Ratio	97x
Earnings	HK$116.37m
Market Cap	HK$11.07b

345 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	1.8x
Enterprise Value/EBITDA	18.2x
PEG Ratio	3.5x

Price to Earnings Ratio vs Peers

How does 345's PE Ratio compare to its peers?

The above table shows the PE ratio for 345 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	33.9x
2419 Dekon Food and Agriculture Group	6x	38.3%	HK$14.0b
1579 Yihai International Holding	14.7x	11.4%	HK$13.3b
9676 Shiyue Daotian Group	99.9x	n/a	HK$8.9b
9985 WEILONG Delicious Global Holdings	14.8x	13.4%	HK$17.0b
345 Vitasoy International Holdings	97x	27.6%	HK$11.1b

Price-To-Earnings vs Peers: 345 is expensive based on its Price-To-Earnings Ratio (97x) compared to the peer average (33.9x).

Price to Earnings Ratio vs Industry

How does 345's PE Ratio compare vs other companies in the HK Food Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
809 Global Bio-chem Technology Group	0.2x	n/a	US$91.52m
3889 Global Sweeteners Holdings	2.4x	n/a	US$29.39m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: 345 is expensive based on its Price-To-Earnings Ratio (97x) compared to the Hong Kong Food industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is 345'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.

345 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	97x
Fair PE Ratio	20.6x

Price-To-Earnings vs Fair Ratio: 345 is expensive based on its Price-To-Earnings Ratio (97x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

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 345 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	HK$10.52	HK$6.45 -38.7%	7.0%	HK$6.90	HK$6.00	n/a	4
Nov ’25	HK$8.60	HK$6.45 -25.0%	7.0%	HK$6.90	HK$6.00	n/a	4
Oct ’25	HK$5.53	HK$6.45 +16.6%	7.0%	HK$6.90	HK$6.00	n/a	4
Sep ’25	HK$4.85	HK$7.10 +46.4%	20.2%	HK$9.50	HK$6.00	n/a	4
Aug ’25	HK$5.60	HK$7.10 +26.8%	20.2%	HK$9.50	HK$6.00	n/a	4
Jul ’25	HK$5.90	HK$7.10 +20.3%	20.2%	HK$9.50	HK$6.00	n/a	4
Jun ’25	HK$6.64	HK$9.57 +44.1%	9.1%	HK$10.50	HK$8.40	n/a	3
May ’25	HK$5.87	HK$9.57 +63.0%	9.1%	HK$10.50	HK$8.40	n/a	3
Apr ’25	HK$6.71	HK$10.48 +56.1%	16.7%	HK$13.20	HK$8.40	n/a	4
Mar ’25	HK$7.15	HK$10.48 +46.5%	16.7%	HK$13.20	HK$8.40	n/a	4
Feb ’25	HK$6.13	HK$10.48 +70.9%	16.7%	HK$13.20	HK$8.40	n/a	4
Jan ’25	HK$7.78	HK$10.48 +34.6%	16.7%	HK$13.20	HK$8.40	n/a	4
Dec ’24	HK$8.16	HK$10.48 +28.4%	16.7%	HK$13.20	HK$8.40	n/a	4
Nov ’24	HK$9.50	HK$13.28 +39.7%	1.6%	HK$13.60	HK$13.00	HK$8.60	4
Oct ’24	HK$9.48	HK$13.28 +40.0%	1.6%	HK$13.60	HK$13.00	HK$5.53	4
Sep ’24	HK$10.10	HK$13.28 +31.4%	1.6%	HK$13.60	HK$13.00	HK$4.85	4
Aug ’24	HK$10.78	HK$13.28 +23.1%	1.6%	HK$13.60	HK$13.00	HK$5.60	4
Jul ’24	HK$9.76	HK$13.28 +36.0%	1.6%	HK$13.60	HK$13.00	HK$5.90	4
Jun ’24	HK$12.40	HK$15.40 +24.2%	11.4%	HK$17.80	HK$13.20	HK$6.64	4
May ’24	HK$13.86	HK$15.40 +11.1%	11.4%	HK$17.80	HK$13.20	HK$5.87	4
Apr ’24	HK$15.20	HK$15.40 +1.3%	11.4%	HK$17.80	HK$13.20	HK$6.71	4
Mar ’24	HK$16.54	HK$15.40 -6.9%	11.4%	HK$17.80	HK$13.20	HK$7.15	4
Feb ’24	HK$17.14	HK$15.40 -10.2%	11.4%	HK$17.80	HK$13.20	HK$6.13	4
Jan ’24	HK$16.06	HK$15.40 -4.1%	11.4%	HK$17.80	HK$13.20	HK$7.78	4
Dec ’23	HK$14.28	HK$15.40 +7.8%	11.4%	HK$17.80	HK$13.20	HK$8.16	4
Nov ’23	HK$13.52	HK$14.98 +10.8%	10.0%	HK$17.30	HK$13.20	HK$9.50	4

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

Tsingtao Brewery

HK$86.1b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

168

HK$47.70

7D

-3.4%

1Y

-13.3%

Tsingtao Brewery

HK$86.1b

Engages in the production, distribution, wholesale, and retail sale of beer products in Mainland China, Hong Kong, Macau, and internationally.

168

HK$47.10

7D

-5.1%

1Y

-12.1%

WEILONG Delicious Global Holdings

HK$11.3b

Weilong Delicious Global Holdings Ltd. produces and sells spicy snack food.

9985

HK$4.81

7D

-15.9%

1Y

n/a

Vitasoy International Holdings Valuation