Japfa Ltd
SGX:UD2

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Japfa Ltd
SGX:UD2
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Price: 0.615 SGD 0.82% Market Closed
Market Cap: 1.3B SGD

Relative Value

The Relative Value of one UD2 stock under the Base Case scenario is 1.307 SGD. Compared to the current market price of 0.615 SGD, Japfa Ltd is Undervalued by 53%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

UD2 Relative Value
Base Case
1.307 SGD
Undervaluation 53%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
49
vs Industry
95
Median 3Y
0.1
Median 5Y
0.1
Industry
0.9
Forward
0.2
vs History
22
vs Industry
14
Median 3Y
6.5
Median 5Y
4.5
Industry
15.8
Forward
7.5
vs History
38
vs Industry
60
Median 3Y
2.8
Median 5Y
2.6
Industry
9.8
vs History
vs Industry
43
Median 3Y
-4.2
Median 5Y
-3.5
Industry
17.4
vs History
0
vs Industry
75
Median 3Y
0.6
Median 5Y
0.6
Industry
1.5
vs History
61
vs Industry
92
Median 3Y
0.2
Median 5Y
0.2
Industry
1.1
Forward
0.3
vs History
77
vs Industry
83
Median 3Y
1.5
Median 5Y
1.4
Industry
4.7
vs History
69
vs Industry
70
Median 3Y
3.4
Median 5Y
2.8
Industry
9.9
Forward
3
vs History
77
vs Industry
67
Median 3Y
5.9
Median 5Y
3.7
Industry
12.7
Forward
3.8
vs History
52
vs Industry
49
Median 3Y
6.6
Median 5Y
4.4
Industry
10.8
vs History
39
vs Industry
Median 3Y
-4
Median 5Y
6.2
Industry
15
vs History
12
vs Industry
85
Median 3Y
0.4
Median 5Y
0.4
Industry
1.1

Multiples Across Competitors

UD2 Competitors Multiples
Japfa Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
Japfa Ltd
SGX:UD2
1.3B SGD 0.1 7.6 2.3 2.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 895.9 540 752.8 186 542.5 318 284.3
CH
Nestle SA
SIX:NESN
235.9B CHF 2.6 21.7 14.6 17.9
US
Mondelez International Inc
NASDAQ:MDLZ
85B USD 2.3 18.4 12.4 14.8
FR
Danone SA
PAR:BN
46.3B EUR 1.7 23 11 14.6
ZA
Tiger Brands Ltd
JSE:TBS
41.1B Zac 0 0 0 0
US
Kraft Heinz Co
NASDAQ:KHC
35.3B USD 1.4 12.9 8.4 9.9
US
Hershey Co
NYSE:HSY
33.8B USD 3 15.2 11.1 12.8
US
General Mills Inc
NYSE:GIS
32.4B USD 1.6 12.4 10.1 11.6
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
222.3B CNY 8.4 36.4 30.7 30.7
ZA
Avi Ltd
JSE:AVI
30B Zac 0 0 0 0
P/S Multiple
Revenue Growth P/S to Growth
SG
Japfa Ltd
SGX:UD2
Average P/S: 2 657.5
0.1
2%
0.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
23 895.9
N/A N/A
CH
Nestle SA
SIX:NESN
2.6
4%
0.6
US
Mondelez International Inc
NASDAQ:MDLZ
2.3
4%
0.6
FR
Danone SA
PAR:BN
1.7
5%
0.3
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
6%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
1.4
0%
N/A
US
Hershey Co
NYSE:HSY
3
3%
1
US
General Mills Inc
NYSE:GIS
1.6
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
8.4
11%
0.8
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
P/E Multiple
Earnings Growth PEG
SG
Japfa Ltd
SGX:UD2
Average P/E: 60 100
7.6
N/A N/A
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
540 752.8
N/A N/A
CH
Nestle SA
SIX:NESN
21.7
9%
2.4
US
Mondelez International Inc
NASDAQ:MDLZ
18.4
0%
N/A
FR
Danone SA
PAR:BN
23
13%
1.8
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
14%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
12.9
9%
1.4
US
Hershey Co
NYSE:HSY
15.2
-12%
N/A
US
General Mills Inc
NYSE:GIS
12.4
2%
6.2
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
36.4
12%
3
ZA
A
Avi Ltd
JSE:AVI
Not Available
9%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
Japfa Ltd
SGX:UD2
Average EV/EBITDA: 20 738.1
2.3
28%
0.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
186 542.5
N/A N/A
CH
Nestle SA
SIX:NESN
14.6
4%
3.6
US
Mondelez International Inc
NASDAQ:MDLZ
12.4
-1%
N/A
FR
Danone SA
PAR:BN
11
5%
2.2
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available N/A N/A
US
Kraft Heinz Co
NASDAQ:KHC
8.4
4%
2.1
US
Hershey Co
NYSE:HSY
11.1
-2%
N/A
US
General Mills Inc
NYSE:GIS
10.1
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
18%
1.7
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
Japfa Ltd
SGX:UD2
Average EV/EBIT: 35 377.7
2.9
49%
0.1
JP
G
Goyo Foods Industry Co Ltd
TSE:2230
318 284.3
N/A N/A
CH
Nestle SA
SIX:NESN
17.9
3%
6
US
Mondelez International Inc
NASDAQ:MDLZ
14.8
-2%
N/A
FR
Danone SA
PAR:BN
14.6
7%
2.1
ZA
T
Tiger Brands Ltd
JSE:TBS
Not Available
15%
N/A
US
Kraft Heinz Co
NASDAQ:KHC
9.9
0%
N/A
US
Hershey Co
NYSE:HSY
12.8
-10%
N/A
US
General Mills Inc
NYSE:GIS
11.6
0%
N/A
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
30.7
14%
2.2
ZA
A
Avi Ltd
JSE:AVI
Not Available
7%
N/A