China Kangda Food Valuation

Is 834 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 834 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 834 (HK$0.17) is trading below our estimate of fair value (HK$6.62)

Significantly Below Fair Value: 834 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 834?

Key metric: As 834 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 834. This is calculated by dividing 834's market cap by their current revenue.
What is 834's PS Ratio?
PS Ratio	0.08x
Sales	CN¥1.64b
Market Cap	CN¥133.93m

834 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	0.2x
Enterprise Value/EBITDA	21.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 834's PS Ratio compare to its peers?

The above table shows the PS ratio for 834 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	0.3x
1767 TS Wonders Holding	0.5x	n/a	HK$192.0m
1699 China Putian Food Holding	0.2x	n/a	HK$90.0m
1927 Jiujiuwang Food International	0.2x	n/a	HK$89.5m
3889 Global Sweeteners Holdings	0.4x	n/a	HK$223.1m
834 China Kangda Food	0.08x	n/a	HK$24.9m

Price-To-Sales vs Peers: 834 is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (0.4x).

Price to Sales Ratio vs Industry

How does 834's PS Ratio compare vs other companies in the HK Food Industry?

8 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.5x	5.0%
834 China Kangda Food	0.08x	n/a	US$18.49m
3838 China Starch Holdings	0.08x	n/a	US$132.62m
3999 DaChan Food (Asia)	0.09x	n/a	US$75.75m

8 Companies		Estimated Growth	Market Cap
Industry Avg.	0.5x	13.6%
834 China Kangda Food	0.08x	n/a	US$18.49m

No more companies

Price-To-Sales vs Industry: 834 is good value based on its Price-To-Sales Ratio (0.1x) compared to the Hong Kong Food industry average (0.5x).

Price to Sales Ratio vs Fair Ratio

What is 834's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

834 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.08x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 834's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

Discover undervalued companies

Tsingtao Brewery

HK$84.2b

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

168

HK$47.15

-4.0%

-10.3%

Tsingtao Brewery

HK$84.2b

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

168

HK$47.15

-4.0%

-10.3%

WEILONG Delicious Global Holdings

HK$11.3b

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

9985

HK$4.81

-15.9%

n/a