Want Want China (0151) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Want Want China stock HK$6.48, price HK$2.99, upside +117.1%, quality 71 out of 100. Rating: strongly undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range HK$2.71 – HK$6.80 · fair‑value band HK$4.96 – HK$8.56 · the HK$2.99 price screens below the HK$6.48 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Want Want China Holdings Limited, an investment holding company, engages in the manufacture, distribution, and sale of food and beverages. It operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products.
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The Rice Crackers segment offers sugar coated, savoury, and fried crackers, as well as gift packs. The Dairy Products and Beverages segment provides flavored milk, yogurt, yogurt drinks, ready-to-drink coffee, juice and sports drinks, herbal tea, and milk powder.
The Snack Foods segment offers candies, popsicles, biscuits and jellies, beans, nuts, and other snacks. The Other Products segment provides wine and other food products.
The company also trades in food and beverages, and related activities online; manufactures and sells machineries and related services; manufactures dehydrating, deoxidating, preservative, and related products; manufactures and sells packaging materials, packing bags, carton boxes, and cans; develops and manufactures cosmetics and health food products; provides consultancy, investment management, information, business, and network technology services; processes and sells rice and oil products; and manufactures and sells rice flour.
In addition, it engages in the agricultural planting and management, and livestock and poultry breeding businesses. The company serves customers through a sales and distribution network primarily in the People's Republic of China.
It also exports its products to North America, East Asia, South-East Asia, and Europe. The company was founded in 1962 and is headquartered in Kowloon Bay, Hong Kong.
Stock analysis
Want Want China (0151) currently trades at HK$2.99, while our model-based Fair Value estimate is HK$6.48, implying the stock looks roughly 54% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of HK$7.66 per share, and 20 of the 25 models we run sit above the HK$2.99 price.
Bear case: the Asset-Based group reads lowest at HK$0.7900, and 5 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$4.96 (bear) to HK$8.56 (bull), the price of HK$2.99 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 71/100 (solid quality), in the Consumer Defensive sector.
Weak Growth: Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Want Want China reported revenue of 23.5B CNY in FY2026 versus 24.0B CNY in FY2022, a compound −0.5%/yr. Reported net income was 3.7B CNY in FY2026, compounding −3.1%/yr from FY2022.
Key figures
Market cap HK$35.2B (≈ $4.5B) Mid · P/E ratio 7.8 · P/S ratio 1.23 · EPS (TTM) HK$0.1500 · Dividend yield 3.6% · Net margin 15.7% · Return on equity 20.3% · Return on assets (EBIT) 18.7% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 75 out of 100 (medium confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 41% below its 52-week high and 10% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at 117%, 0151 screens cheaper than that median.
Fair Value models
BearHK$4.96Fair Value HK$6.48BullHK$8.56
Price HK$2.99 · Upside +117.1%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (HK$0.0255 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Growth has flattened: the last year, three and five years all grew more slowly than the long-term average.
Revenue growth 1 year
+0.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+0.9%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.4%
Start year 2021 (pandemic). Over 10 years: +1.0% a year
Revenue growth 25 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+2.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year−1.5%
Dividend (yield on the price)3.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−1.5% vs 1.3%, steady
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.26% → 18%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−12.8%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+1.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in CNY, China: IMF forecast 1.7% a year to 2030, 1.4% from 2016 to 2025) that is about −14.3% a year for the price and −0.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (8 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Packaged Foods · 627 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score71 · Top 25%
Fair Value upside+117.1% · Top 25%
Profitability
Return on equity (12 months)20.3% · Top 25%
Return on assets13.0% · Top 25%
Net margin (12 months)15.7% · Top 25%
Operating margin (12 months)20.1% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)5.2% · Above median
Dividend yield (12 months)3.6% · Above median
Valuation Multiplesvs Packaged Foods median · lower = cheaper
P/E (12 months)7.8× · Cheapest 25%
P/B1.51× · Pricier than median
P/S (12 months)1.23× · Pricier than median
Price / free cash flow (fiscal year)8.8× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Want Want China Fair Value". https://www.fairvalue-calculator.com/stock/0151
Frequently asked questions
Is Want Want China (0151) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of HK$6.48 versus a price of HK$2.99, about +117% upside (undervalued).
What is the fair value of 0151?
Our model-based fair value for Want Want China is HK$6.48 (as of Nov 7, 2026), built from audited fundamentals. The current price: HK$2.99.
What is the quality score of 0151?
Want Want China has a Quality Score of 71/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Want Want China (0151)?
Our model-based price target is the fair value of HK$6.48 (as of Nov 7, 2026) from 25 valuation models. Cautious scenario HK$4.96, optimistic scenario HK$8.56. It is a calculation from audited fundamentals, not an analyst target.
What is the Want Want China stock forecast for 2026?
Our models put fair value at HK$6.48, about +117% upside versus a price of HK$2.99 (undervalued). Cautious scenario HK$4.96, optimistic scenario HK$8.56. The calculation is refreshed regularly with new filings.
What is the revenue of Want Want China (0151)?
Want Want China reported trailing-twelve-month revenue of about 24.4B CNY (latest available figure, as of Nov 7, 2026).
Does Want Want China pay a dividend?
Want Want China currently shows a dividend yield of 3.62% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Want Want China (0151) and when is the ex-dividend date?
Want Want China pays a dividend of HK$0.108 per share a year, a dividend yield of 3.6%. The last ex-dividend date was Aug 27, 2026. A dividend has been paid every year since at least 2008. The payout ratio is 44.6% of earnings. Free cash flow covers the dividend 2.05 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Want Want China (0151)?
For today's price to be fair in a discounted-cash-flow model, Want Want China would have to grow free cash flow by -12.8 % per year for five years (discount rate 9.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +1.4 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of 0151 use?
Our models discount Want Want China at 9.0 %: a base by market capitalisation (mid), damped by beta 0.34, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Want Want China that is -12.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.0 %) and the same formula as our fair value.
How much growth has Want Want China (0151) delivered so far?
Over the past 5 years revenue at Want Want China grew +1.4 % a year. The price currently implies free-cash-flow growth of -12.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Want Want China (0151) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Want Want China (-12.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Want Want China (0151)?
The free-cash-flow yield on the price is 11.31 %: that much free cash flow Want Want China produces per unit of market value. When it exceeds the discount rate of our models (9.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Want Want China (0151)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Want Want China it is HK$6.48 per share (as of Nov 7, 2026), against a price of HK$2.99. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Want Want China stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 0151 trades below its calculated fair value: price HK$2.99, fair value HK$6.48, a gap of about +117% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0151?
No. The price is what the market pays today (HK$2.99); the fair value is what the company's own numbers justify (HK$6.48). For Want Want China the two are HK$3.50 per share apart. That gap is exactly why we show both numbers side by side.
How much is Want Want China worth?
The market values Want Want China at about HK$35.2B (market capitalisation, as of Nov 7, 2026). Per share that is HK$2.99; our models calculate a fair value of HK$6.48 per share.
What do the bullish and bearish scenarios say about 0151?
Our models span a range for Want Want China: cautious scenario HK$4.96, base HK$6.48, optimistic HK$8.56 per share (as of Nov 7, 2026, price HK$2.99). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0151?
Want Want China trades at a price-to-earnings ratio of 7.8 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of HK$6.48 is built from several models across several years. Other multiples: PEG 1.9, P/B 1.5, P/S 1.2, EV/EBITDA 3.4.
What is the PEG ratio of 0151?
The PEG ratio of Want Want China is 1.90 (P/E divided by earnings growth, as of Nov 7, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Want Want China (0151)?
Balance-sheet figures for Want Want China (as of Nov 7, 2026): return on equity 20.3%. They feed the Quality Score of 71/100, which measures business quality independently of the share price.
How far is 0151 from its 52-week high?
Want Want China trades at HK$2.99, about 41% below its 52-week high of HK$5.02 and 10% above the low of HK$2.71 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of HK$6.48 is for.
Which stocks are comparable to Want Want China?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Want Want China stock attractive at the current price?
The data as of Nov 7, 2026: price HK$2.99, calculated fair value HK$6.48 (+117%), Quality Score 71/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0151 calculated?
We run Want Want China through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of HK$6.48 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Want Want China currently trades 54% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Want Want China (0151)?
The closing price on Nov 6, 2026 was HK$2.99. Our model-based fair value is HK$6.48, about +117% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Want Want China right now?
The price is below even our cautious bear case (HK$4.96). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (71/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Want Want China (0151) come from?
Earnings per share at Want Want China grew +2.2 % a year from 2015 to 2026. Broken into its drivers: revenue per share +2.1 %, EBIT margin +0.2 %, tax rate +0.4 %, residual (interest, one-offs) −0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Want Want China
How large is the market capitalisation of Want Want China (0151)?
The market capitalisation of Want Want China is HK$35.2B (≈ $4.5B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Want Want China (0151)?
The price-to-sales ratio of Want Want China is 1.23 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Want Want China (0151)?
Earnings per share at Want Want China are HK$0.1500 (price ÷ EPS = P/E 7.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Want Want China (0151)?
The dividend yield of Want Want China is 3.6% (payout 72.1%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Want Want China (0151)?
The net margin of Want Want China is 15.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Want Want China (0151)?
The return on equity (ROE) of Want Want China is 20.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Want Want China (0151)?
On an EBIT basis the return on assets of Want Want China is 18.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Want Want China (0151)?
The operating margin of Want Want China is 20.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Want Want China (0151)?
Revenue at Want Want China is growing +5.2% versus a year earlier (3y avg +0.9%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Want Want China (0151)?
Earnings per share at Want Want China are growing −14.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Want Want China (0151) hold?
Want Want China holds more cash than debt, 8.5B CNY net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 7, 2026