Ratings COFCO Joycome Foods Limited

Equities

1610

KYG226921008

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-05-14 am EDT			5-day change	1st Jan Change
1.95 ^HKD	-0.51%		+8.33%	+3.72%

May. 09	COFCO Joycome Foods Logs 244,000 Heads in April Hog Output	MT
May. 09	COFCO Joycome Foods Limited Reports Unaudited Production Results for the Month and Year to Date Ended April 30, 2024	CI

Summary

From a short-term investment perspective, the company presents a deteriorated fundamental situation

Strengths

The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
The company appears to be poorly valued given its net asset value.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The opinion of analysts covering the stock has improved over the past four months.
Consensus analysts have strongly revised their opinion of the company over the past 12 months.
Historically, the company has been releasing figures that are above expectations.

Weaknesses

According to forecast, a sluggish sales growth is expected for the next fiscal years.
As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company does not generate enough profits, which is an alarming weak point.
The group shows a rather high level of debt in proportion to its EBITDA.
For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.
The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.
For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
Over the past four months, analysts' average price target has been revised downwards significantly.
Prospects from analysts covering the stock are not consistent. Such dispersed sales estimates confirm the poor visibility into the group's activity.

Ratings chart - Surperformance

Sector: Food Processing

	1st Jan change	Capi.	ESG Refinitiv
COFCO JOYCOME FOODS LIMITED	+3.72%	1.15B	-
NESTLÉ S.A.	-2.94%	274B	A-
MONDELEZ INTERNATIONAL, INC.	-0.84%	96.26B	C+
KRAFT HEINZ	-1.96%	44.31B	C+
THE HERSHEY COMPANY	+12.32%	42.37B	B-
DANONE	+1.23%	41.57B	B-
GENERAL MILLS, INC.	+8.61%	39.88B	B-
ARCHER-DANIELS-MIDLAND COMPANY	-14.53%	30.97B	B-
NESTLÉ INDIA LIMITED	-6.54%	29.04B	A
ASSOCIATED BRITISH FOODS PLC	+14.87%	25.19B	A-

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes