Vitasoy International Holdings Ltd
HKEX:345

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Vitasoy International Holdings Ltd
HKEX:345
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Price: 6.32 HKD 0.16% Market Closed
Market Cap: HK$6.4B

EV/OCF

6.1
Current
38%
Cheaper
vs 3-y average of 9.8

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
6.1
=
Enterprise Value
HK$5.4B
/
Operating Cash Flow
HK$717.1m

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
6.1
=
Enterprise Value
HK$5.4B
/
Operating Cash Flow
HK$717.1m

Valuation Scenarios

Vitasoy International Holdings Ltd is trading below its 3-year average

If EV/OCF returns to its 3-Year Average (9.8), the stock would be worth HK$10.16 (61% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-15%
Maximum Upside
+189%
Average Upside
64%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 6.1 HK$6.32
0%
3-Year Average 9.8 HK$10.16
+61%
5-Year Average 17.6 HK$18.26
+189%
Industry Average 5.2 HK$5.35
-15%
Country Average 7.4 HK$7.69
+22%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
Close
Market Cap EV/OCF P/E
HK
Vitasoy International Holdings Ltd
HKEX:345
6.6B HKD 6.1 28.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 870.4 540 752.8
CH
Nestle SA
SIX:NESN
193.8B CHF 14.7 21.5
US
Mondelez International Inc
NASDAQ:MDLZ
71.9B USD 19.9 29.4
FR
Danone SA
PAR:BN
42.5B EUR 13.1 24
ZA
Tiger Brands Ltd
JSE:TBS
49.6B ZAR 19.7 13
US
Hershey Co
NYSE:HSY
38.3B USD 18.6 43.4
CN
Muyuan Foods Co Ltd
SZSE:002714
248.4B CNY 9.8 15.8
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
237.4B CNY 26.2 33.7
ZA
Avi Ltd
JSE:AVI
33.8B ZAR 11 13.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.6B CHF 46.5 31.9

Market Distribution

In line with most companies in Hong Kong
Percentile
44rd
Based on 1 314 companies
44rd percentile
6.1
Low
0 — 4
Typical Range
4 — 12.2
High
12.2 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 4
Median 7.4
70th Percentile 12.2
Max 20 343.5

Vitasoy International Holdings Ltd
Glance View

Market Cap
6.4B HKD
Industry
Food Products

Vitasoy International Holdings Ltd., founded in 1940 in Hong Kong amid wartime shortages, began its journey by capitalizing on the need for an affordable and nutritious alternative to milk. The company launched its flagship product, Vitasoy, a soy milk beverage, creating a market niche by tapping into soybeans—an abundant resource manageable even in times of scarcity. Vitasoy's innovation was not just in its product formulation but also in its unique aseptic packaging, which extended the shelf life of its beverages, enabling broader distribution networks that reached both local and international markets. This innovative approach led to substantial growth, establishing Vitasoy as a household name across Asia and beyond, with its products now spanning soy milk, plant-based beverages, and tofu. Vitasoy’s revenue streams are primarily driven by its expansive product portfolio and geographic reach. The company has harnessed its R&D capabilities to diversify into multiple beverage categories, including tea, mineral water, and juice drinks, thereby catering to shifting consumer preferences towards health-conscious and sustainable food options. Vitasoy's operations are strategically spread across major Asian markets, including Mainland China, Hong Kong, Australia, and Singapore, allowing it to leverage both scale and local insights. This geographical diversity not only bolsters its market rivalry but also mitigates risks associated with economic fluctuations in any single region. By continuously aligning its brand with sustainable practices and nutritional benefits, Vitasoy ensures its relevance in an era where consumer awareness about health and environmental impact is at an all-time high.

Intrinsic Value
5.89 HKD
Overvaluation 7%
Intrinsic Value
Price HK$6.32
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