Uni-President China Holdings Ltd

SZSC:220 Stock Report

Market Cap: HK$29.0b

Uni-President China Holdings Valuation

Is 220 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 220 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 220 (HK$6.72) is trading below our estimate of fair value (HK$11.86)

Significantly Below Fair Value: 220 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 220?

Key metric: As 220 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 220. This is calculated by dividing 220's market cap by their current earnings.
What is 220's PE Ratio?
PE Ratio15.4x
EarningsCN¥1.76b
Market CapCN¥27.02b

Price to Earnings Ratio vs Peers

How does 220's PE Ratio compare to its peers?

The above table shows the PE ratio for 220 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average12.3x
142 First Pacific
5.7x20.9%HK$19.2b
9985 WEILONG Delicious Global Holdings
14.8x13.4%HK$16.8b
322 Tingyi (Cayman Islands) Holding
16.1x9.1%HK$58.1b
151 Want Want China Holdings
12.5x5.0%HK$53.7b
220 Uni-President China Holdings
15.4x7.9%HK$29.0b

Price-To-Earnings vs Peers: 220 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (12.3x).

Price to Earnings Ratio vs Industry

How does 220's PE Ratio compare vs other companies in the HK Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
809 Global Bio-chem Technology Group
0.2xn/aUS$93.79m
3889 Global Sweeteners Holdings
2.4xn/aUS$28.17m
No more companies available in this PE range
220 15.4xIndustry Avg. 14.0xNo. of Companies8PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 220 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the Hong Kong Food industry average (14x).

Price to Earnings Ratio vs Fair Ratio

What is 220'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.

220 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.4x
Fair PE Ratio15.3x

Price-To-Earnings vs Fair Ratio: 220 is expensive based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

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 220 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentHK$6.72
HK$7.96
+18.4%
11.6%HK$9.12HK$5.69n/a21
Nov ’25HK$7.22
HK$7.95
+10.1%
11.3%HK$9.30HK$5.78n/a21
Oct ’25HK$7.29
HK$8.06
+10.5%
11.2%HK$9.31HK$5.87n/a21
Sep ’25HK$6.89
HK$7.90
+14.7%
9.6%HK$8.91HK$6.01n/a21
Aug ’25HK$6.41
HK$7.87
+22.7%
8.6%HK$8.90HK$6.43n/a20
Jul ’25HK$7.13
HK$7.67
+7.6%
11.7%HK$8.87HK$5.00n/a20
Jun ’25HK$6.86
HK$7.70
+12.3%
11.6%HK$8.69HK$4.97n/a20
May ’25HK$6.01
HK$6.83
+13.7%
15.8%HK$9.71HK$4.90n/a20
Apr ’25HK$5.57
HK$6.89
+23.7%
14.3%HK$9.72HK$4.98n/a21
Mar ’25HK$4.95
HK$7.18
+45.1%
16.0%HK$9.76HK$4.98n/a21
Feb ’25HK$4.44
HK$7.24
+63.0%
15.9%HK$9.83HK$5.01n/a21
Jan ’25HK$5.55
HK$7.68
+38.5%
16.6%HK$10.36HK$5.79n/a22
Dec ’24HK$5.08
HK$7.70
+51.5%
16.6%HK$10.36HK$5.79n/a22
Nov ’24HK$5.30
HK$7.96
+50.2%
17.4%HK$11.10HK$5.69HK$7.2222
Oct ’24HK$5.50
HK$8.06
+46.5%
16.4%HK$11.07HK$5.70HK$7.2922
Sep ’24HK$5.80
HK$8.21
+41.6%
14.8%HK$11.03HK$5.80HK$6.8922
Aug ’24HK$6.64
HK$8.44
+27.2%
14.4%HK$11.10HK$6.16HK$6.4121
Jul ’24HK$6.60
HK$8.46
+28.1%
12.8%HK$11.09HK$6.42HK$7.1321
Jun ’24HK$6.71
HK$8.69
+29.5%
14.7%HK$12.30HK$6.58HK$6.8621
May ’24HK$7.83
HK$9.00
+14.9%
14.5%HK$12.32HK$6.05HK$6.0121
Apr ’24HK$7.92
HK$9.01
+13.8%
14.7%HK$12.46HK$6.04HK$5.5721
Mar ’24HK$7.18
HK$8.47
+18.0%
12.4%HK$10.34HK$6.37HK$4.9521
Feb ’24HK$7.69
HK$8.44
+9.7%
12.4%HK$10.33HK$6.36HK$4.4421
Jan ’24HK$7.81
HK$8.13
+4.1%
12.7%HK$10.04HK$6.18HK$5.5521
Dec ’23HK$6.88
HK$7.97
+15.9%
12.4%HK$9.96HK$6.04HK$5.0821
Nov ’23HK$6.14
HK$7.83
+27.5%
9.7%HK$9.29HK$5.91HK$5.3020

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

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