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Springsnow Food Group (605567) Fair Value & Analysis

Consumer Defensive · CN · Market cap 1.8B CNY

SF Springsnow Food Group 605567 · SHG
Price¥9.12
Fair Value¥3.94
Upside-56.8%
Quality60/100
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Expensive Growth
Thin margins · 1.4% net margin
Low debt · negative free cash flow
1.12% dividend yield
Trails peers (4/13)
Narrow moat 29/100
Evidence: High Range ¥3.11 – ¥5.09 Share as image

Fair value as of: Jul 12, 2026

From 17 valuation models · updated 29 days ago

Share price +9.7% over the past month.

A solid business, but screening 57% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (¥5.09). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

¥23.12 ¥7.16 Fair Value ¥3.94 Oct 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

58‑month range ¥7.16 – ¥23.12 · fair‑value band ¥3.11 – ¥5.09 · the ¥9.12 price screens above the ¥3.94 fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Springsnow Food Group (605567) currently trades at ¥9.12, while our model-based Fair Value estimate is ¥3.94, implying the stock looks roughly 56.8% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Springsnow Food Group generated revenue of 2.7B CNY at a net margin of 1.4%. Revenue grew 9.6% year over year. It earns a return on equity of 3.4%. Net debt stands at 210M CNY. Fundamentals as of Jul 12, 2026

Our scenario range runs from ¥3.11 (bear case) to ¥5.09 (bull case); at ¥9.12, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 26% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at -57%, 605567 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Residual Income ¥3.85 ¥3.74 ¥3.09 76
ROIC Compounder ¥4.67 ¥5.05 ¥5.36 72
Gordon GGM ¥0.9700 ¥1.74 ¥2.40 70
All 17 models by family
DCF Models
Owner Earnings ¥2.19 ¥2.31 ¥2.46 31
Earnings-Based
Graham-Dodd ¥1.34 ¥3.86 ¥5.09 54
Lynch FV ¥0.7900 ¥1.13 ¥1.47 50
PEG = 1.0 ¥0.7900 ¥1.13 ¥1.47 46
EPV ¥4.67 ¥5.05 ¥5.36 59
Dividend Discount
Gordon GGM ¥0.9700 ¥1.74 ¥2.40 70
DDM Multi-Stage ¥0.9700 ¥1.46 ¥1.86 61
Multiples
P/E Multiple ¥3.11 ¥4.15 ¥5.19 63
P/S Multiple ¥2.52 ¥3.36 ¥4.20 58
P/B Multiple ¥2.52 ¥3.36 ¥4.20 55
EV/EBIT ¥7.11 ¥8.85 ¥10.58 53
EV/EBITDA ¥9.96 ¥12.65 ¥15.34 54
EV/Revenue ¥5.62 ¥7.21 ¥8.81 43
Asset-Based
NCAV (Graham) ¥2.76 ¥3.69 ¥5.51 50
Economic Profit
Residual Income ¥3.85 ¥3.74 ¥3.09 76
ROIC Compounder ¥4.67 ¥5.05 ¥5.36 72
Growth Earnings
Growth-Adj P/E ¥2.50 ¥3.58 ¥4.65 68

Widest divergence: Multiples (¥4.15) versus Earnings-Based (¥1.13). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 2.7B CNY
Revenue growth (YoY) +9.6%
Net margin 1.4%
Return on equity 3.4%
Free cash flow −21.8M CNY FY2025
P/E ratio 50.1
More key figures
Operating margin 2.8%
EPS (TTM) ¥0.1800
Dividend yield 1.1%
EPS growth (YoY) -33.3%
Net debt 210M CNY FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 58 · Market factors (momentum, volatility) 37

Profitability 36
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 35
Earnings quality: real cash, not paper profit
Fin. Strength 64
Balance sheet, leverage, solvency risk
Investment 90
Disciplined investing over empire-building
Low Volatility 82
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 90
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Springsnow Food Group Co., Ltd., together with its subsidiaries, engages in the research and development, production, processing, and sale of white-feather chicken foods.

Full company description

Springsnow Food Group Co., Ltd., together with its subsidiaries, engages in the research and development, production, processing, and sale of white-feather chicken foods. The company primarily offers charcoal grilled, fried, electric grilled, steamed grilled, non-fried, and other frozen and room temperature conditioning products, as well as chicken preparations and fresh products. In addition, it is involved in feed production and commissioned breeding business; production and sales of chicken conditioning products; chicken trading; wholesaling of food; commercial chicken breeding and sales; food processing; production and sale of organic fertilizers; and livestock and poultry manure treatment, as well as provides technical services. The company also exports its products to Japan, the European Union, the United Kingdom, the Middle East, and South Korea. Springsnow Food Group Co., Ltd. was founded in 2012 and is based in Laiyang, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Springsnow Food Group reported revenue of ¥2.6B in FY2025 versus ¥2.0B in FY2021, a compound +6.6%/yr. Reported net income was ¥39.5M in FY2025, compounding −8.6%/yr from FY2021.

Growth Quality 42/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
2.6B CNY
Latest YoY
+4.5%
Avg. growth/yr (3Y) 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.
+1.8%
Avg. growth/yr (5Y) 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.
+7.1%
Avg. growth/yr (8Y) 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.
+8.9%
Revenue +6.6%/yr
FY21 ¥2.0B
FY22 ¥2.5B
FY23 ¥2.8B
FY24 ¥2.5B
FY25 ¥2.6B
Net income −8.6%/yr
FY21 ¥56.6M
FY22 ¥79.3M
FY23 −¥34.7M
FY24 ¥8.2M
FY25 ¥39.5M

605567 screens 57% overvalued. Compare with Nestlé India Limited →

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Cite: Fair Value Calculator (2026). "Springsnow Food Group Fair Value". https://www.fairvalue-calculator.com/stock/605567

Peer Group

Packaged Foods · 649 stocks

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.

Quality Score 60 · Above median
Fair Value upside −57% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 10% · Above median
Dividend yield (TTM) 1.1% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 50.1× · Pricier than 75% of peers
P/B 1.64× · Pricier than median
P/S (TTM) 0.67× · Cheaper than median
EV/EBITDA 10.1× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 28
FUTURE 48 · sector 20
PAST 13 · sector 27
HEALTH 99 · sector 96
DIVIDEND 22 · sector 47

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Springsnow Food Group (605567) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of ¥3.94 versus a price of ¥9.12, about −57% (overvalued).
What is the fair value of 605567?
Our model-based fair value for Springsnow Food Group is ¥3.94 (as of Jul 12, 2026), built from audited fundamentals. The current price is ¥9.12.
What is the quality score of 605567?
Springsnow Food Group has a Quality Score of 60/100. 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 revenue of Springsnow Food Group (605567)?
Springsnow Food Group reported trailing-twelve-month revenue of about 2.7B CNY (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 605567?
The net profit margin of Springsnow Food Group is about 1.4%, meaning it keeps roughly 1.4% of revenue as net income. Based on the latest reported figures.
Does Springsnow Food Group pay a dividend?
Springsnow Food Group currently shows a dividend yield of about 1.12% relative to its recent price (as of Jul 12, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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