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New Hope Dairy Co Ltd
SZSE:002946

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New Hope Dairy Co Ltd
SZSE:002946
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Price: 18.32 CNY 1.44% Market Closed
Market Cap: ¥15.8B

EV/EBIT

15.3
Current
6%
Cheaper
vs 3-y average of 16.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
15.3
=
Enterprise Value
¥16B
/
EBIT
¥1.1B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
15.3
=
Enterprise Value
¥16B
/
EBIT
¥1.1B

Valuation Scenarios

New Hope Dairy Co Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (16.3), the stock would be worth ¥19.54 (7% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+89%
Average Upside
44%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 15.3 ¥18.32
0%
3-Year Average 16.3 ¥19.54
+7%
5-Year Average 20.7 ¥24.79
+35%
Industry Average 22 ¥26.39
+44%
Country Average 28.9 ¥34.61
+89%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
¥16B
/
Jan 2026
¥1.1B
=
15.3
Current
¥16B
/
Dec 2026
¥1.2B
=
13.8
Forward
¥16B
/
Dec 2027
¥1.3B
=
12.3
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
CN
New Hope Dairy Co Ltd
SZSE:002946
15.8B CNY 15.3 21.6
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 318 284.3 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 17.8 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 25.1 30.1
FR
Danone SA
PAR:BN
43.3B EUR 13.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 11.5 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 28.5 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 22 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 24.7 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 8.6 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 25.1 32.4

Market Distribution

Lower than 73% of companies in China
Percentile
27th
Based on 5 337 companies
27th percentile
15.3
Low
0 — 16.6
Typical Range
16.6 — 52.9
High
52.9 —
Distribution Statistics
China
Min 0
30th Percentile 16.6
Median 28.9
70th Percentile 52.9
Max 49 021

New Hope Dairy Co Ltd
Glance View

Market Cap
15.8B CNY
Industry
Food Products

In the dynamic landscape of the dairy industry, New Hope Dairy Co Ltd. has carved a prominent niche with its comprehensive approach to dairy production and sales. Established under the umbrella of New Hope Group, one of China's largest agribusiness firms, New Hope Dairy operates a seamless chain of activities encompassing everything from the management of dairy farms to the production and distribution of a diverse range of dairy products. This vertical integration allows New Hope Dairy to maintain stringent control over product quality, cost efficiency, and supply chain logistics. By owning every step of the production process—from feed and herd management to milk processing and packaging—the company optimizes its operations, ensuring consistency and reliability in the dairy products it offers to consumers. At the heart of New Hope Dairy’s business model is its extensive portfolio of dairy goods, catering to the evolving tastes and nutritional demands of its customer base. Their offerings range from liquid milk and yogurt to milk powder and cheese, each tailored to meet regional preferences and consumer lifestyles. These products are distributed through a well-coordinated network that spans supermarkets, convenience stores, and online platforms, enhancing accessibility and market reach. By leveraging its robust distribution channels and a keen understanding of consumer trends, New Hope Dairy successfully captures a significant share of the dairy market, securing revenue both domestically and through burgeoning export opportunities. Through innovation and adaptation, New Hope Dairy not only sustains its competitive edge but also positions itself as a forward-thinking leader in the global dairy industry.

Intrinsic Value
26.57 CNY
Undervaluation 31%
Intrinsic Value
Price ¥18.32
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