Qingdao Foods Co Ltd
SZSE:001219

Watchlist Manager
Qingdao Foods Co Ltd Logo
Qingdao Foods Co Ltd
SZSE:001219
Watchlist
Price: 15.45 CNY -1.09% Market Closed
Market Cap: ¥3B

P/B

2.8
Current
14%
More Expensive
vs 3-y average of 2.5

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
¥2.9B
/
Total Equity
¥1.1B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
2.8
=
Market Cap
¥2.9B
/
Total Equity
¥1.1B

Valuation Scenarios

Qingdao Foods Co Ltd is trading above its 3-year average

If P/B returns to its 3-Year Average (2.5), the stock would be worth ¥13.55 (12% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-19%
Maximum Upside
No Upside Scenarios
Average Downside
15%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 2.8 ¥15.45
0%
3-Year Average 2.5 ¥13.55
-12%
5-Year Average 2.3 ¥12.46
-19%
Industry Average 2.4 ¥13.02
-16%
Country Average 2.4 ¥13.34
-14%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close
Market Cap P/B P/E
CN
Qingdao Foods Co Ltd
SZSE:001219
3B CNY 2.8 29.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 77 420.4 540 752.8
CH
Nestle SA
SIX:NESN
204B CHF 6.2 22.5
US
Mondelez International Inc
NASDAQ:MDLZ
78.2B USD 3 32
FR
Danone SA
PAR:BN
42.3B EUR 2.5 23.5
ZA
Tiger Brands Ltd
JSE:TBS
47.9B ZAR 2.8 12.6
US
Hershey Co
NYSE:HSY
38.4B USD 8.1 42.7
CN
Muyuan Foods Co Ltd
SZSE:002714
243.7B CNY 3.1 25
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.4B CNY 5.5 32.6
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 5.9 12.7
JP
Ajinomoto Co Inc
TSE:2802
4.9T JPY 6.6 63.2

Market Distribution

In line with most companies in China
Percentile
57th
Based on 7 605 companies
57th percentile
2.8
Low
0 — 1.5
Typical Range
1.5 — 3.9
High
3.9 —
Distribution Statistics
China
Min 0
30th Percentile 1.5
Median 2.4
70th Percentile 3.9
Max 1 172 445.9

Qingdao Foods Co Ltd
Glance View

Market Cap
3B CNY
Industry
Food Products

Qingdao Foods Co. Ltd. engages in the research and development, production and sales of snacks such as biscuits and peanut butter. The company is headquartered in Qingdao, Shandong and currently employs 573 full-time employees. The company went IPO on 2021-10-21. The firm's main products include Green Food brand calcium milk biscuits, Green Food brand leisure biscuits and Haiyou brand peanut butter. The calcium milk biscuits include special calcium milk biscuits, iron zinc calcium milk biscuits, elderly selenium zinc calcium milk biscuits, refined calcium milk biscuits, high-quality calcium milk biscuits, animal and letter biscuits. The leisure biscuits include wheat bran biscuits, cookies, sandwich biscuits, wafer chocolates, pineapple beans, small steamed breads and others. The peanut butter includes emulsified peanut butter, salty peanut butter, smooth peanut butter, granular peanut butter and others.

Intrinsic Value
11.18 CNY
Overvaluation 28%
Intrinsic Value
Price ¥15.45
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett