Kanzhun Limited

NasdaqGS:BZ Stock Report

Market Cap: US$5.9b

Kanzhun Valuation

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

Below Fair Value: BZ ($13.44) is trading below our estimate of fair value ($35.11)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BZ. This is calculated by dividing BZ's market cap by their current earnings.
What is BZ's PE Ratio?
PE Ratio29.9x
EarningsCN¥1.42b
Market CapCN¥43.04b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BZ vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average16.8x
NBIS Nebius Group
20.5xn/aUS$4.2b
MTCH Match Group
12.3x10.0%US$7.6b
ATHM Autohome
14.5x3.1%US$3.3b
YELP Yelp
20x19.7%US$2.4b
BZ Kanzhun
29.9x21.0%US$5.9b

Price-To-Earnings vs Peers: BZ is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (16.8x).

Price to Earnings Ratio vs Industry

How does BZ's PE Ratio compare vs other companies in the US Interactive Media and Services Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CHR Cheer Holding
0.8xn/aUS$26.95m
MI NFT
2.6xn/aUS$13.18m
No more companies available in this PE range
BZ 29.9xIndustry Avg. 23.4xNo. of Companies5PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BZ is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the US Interactive Media and Services industry average (23.7x).

Price to Earnings Ratio vs Fair Ratio

What is BZ'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.

BZ PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.9x
Fair PE Ratio24.3x

Price-To-Earnings vs Fair Ratio: BZ is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the estimated Fair Price-To-Earnings Ratio (24.3x).

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 BZ forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$13.44
US$17.71
+31.8%
23.1%US$28.22US$11.32n/a22
Nov ’25US$14.66
US$17.96
+22.5%
23.7%US$28.66US$11.50n/a21
Oct ’25US$18.04
US$17.36
-3.8%
23.3%US$28.96US$11.62n/a21
Sep ’25US$12.46
US$17.63
+41.5%
22.9%US$28.80US$11.56n/a21
Aug ’25US$13.55
US$21.56
+59.1%
16.6%US$28.17US$13.96n/a21
Jul ’25US$18.62
US$26.07
+40.0%
10.6%US$34.65US$19.94n/a21
Jun ’25US$21.25
US$26.15
+23.1%
10.6%US$34.77US$20.01n/a21
May ’25US$19.53
US$24.08
+23.3%
10.1%US$32.73US$19.84n/a20
Apr ’25US$18.42
US$24.09
+30.8%
10.1%US$32.85US$19.91n/a20
Mar ’25US$16.34
US$19.66
+20.3%
14.4%US$28.13US$15.90n/a19
Feb ’25US$14.47
US$19.80
+36.8%
14.5%US$28.35US$15.97n/a19
Jan ’25US$16.61
US$19.68
+18.5%
10.0%US$23.56US$16.34n/a18
Dec ’24US$16.15
US$19.57
+21.2%
10.0%US$23.43US$16.25n/a15
Nov ’24US$14.58
US$18.57
+27.4%
10.1%US$22.94US$15.79US$14.6616
Oct ’24US$15.17
US$18.57
+22.4%
10.2%US$22.95US$15.79US$18.0416
Sep ’24US$15.40
US$19.25
+25.0%
12.4%US$25.48US$15.85US$12.4616
Aug ’24US$17.26
US$21.99
+27.4%
12.8%US$26.64US$17.78US$13.5516
Jul ’24US$15.05
US$22.30
+48.2%
12.3%US$26.34US$17.58US$18.6213
Jun ’24US$14.61
US$22.73
+55.6%
12.4%US$26.91US$17.96US$21.2513
May ’24US$18.72
US$24.38
+30.3%
8.5%US$26.82US$20.86US$19.5312
Apr ’24US$19.03
US$24.53
+28.9%
8.6%US$27.00US$21.00US$18.4212
Mar ’24US$21.33
US$24.49
+14.8%
12.7%US$28.23US$16.73US$16.3412
Feb ’24US$24.67
US$24.51
-0.6%
12.8%US$28.35US$16.80US$14.4712
Jan ’24US$20.37
US$23.83
+17.0%
12.7%US$27.43US$16.25US$16.6112
Dec ’23US$17.90
US$24.70
+38.0%
19.2%US$35.61US$16.09US$16.1512
Nov ’23US$12.21
US$26.40
+116.2%
16.9%US$34.70US$15.00US$14.5811

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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