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Wing Yip Food (China) Holdings Group Limited (900340) Fair Value & Analysis

Consumer Defensive · KR · Market cap 15.5B KRW (≈ $10.9M) · ISIN HK0000449303

What is Wing Yip Food (China) Holdings Group Limited really worth?

WY Wing Yip Food (China) Holdings Group Limited 900340 · KQ
Price1,426 KRW
Fair Value2,776 KRW
Upside+94.7%
Quality54/100

A solid business, trading 49% below our fair value of 2,776 KRW.

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Risks

!Weak Growth (revenue 5y −29.3 %/yr)
!Thin margins · 4.6% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (4/10)
!Narrow moat 27/100
!Evidence only low, so the estimate is less certain
!Weak on past: 15 out of 100
Evidence: Low Range 2,082 KRW – 3,470 KRW

Fair value as of: Aug 15, 2026

From 15 valuation models · updated 20 days ago

Fair value updated Aug 15, 2026, revised from 2,884 KRW to 2,776 KRW (−3.7%) since Jul 21, 2026. Share price +37.5% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (2,082 KRW). 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 (54/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

3,370 KRW 0.0003 KRW Fair Value 2,776 KRW Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range 0.0003 KRW – 3,370 KRW · fair‑value band 2,082 KRW – 3,470 KRW · the 1,426 KRW price screens below the 2,776 KRW fair value. Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Wing Yip Food (China) Holdings Group Limited (900340) currently trades at 1,426 KRW, while our model-based Fair Value estimate is 2,776 KRW, implying the stock looks roughly 48.6% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Consumer Defensive sector. Bull case: the DCF Models group reads highest at a median of 3,299 KRW per share, and 12 of the 15 models we run sit above the 1,426 KRW price. Bear case: the Dividend Discount group reads lowest at 477.06 KRW, and 3 of the 15 models stay below the price. Evidence for this calculation is low.

Revenue declined 6.8% year over year. It earns a return on equity of 3.4%. Fundamentals as of Aug 15, 2026

Our scenario range runs from 2,082 KRW (bear case) to 3,470 KRW (bull case); at 1,426 KRW, the current price sits below 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 75% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −27% fair-value upside, at 95%, 900340 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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
Owner Earnings best evidence 2,705 KRW 3,299 KRW 4,401 KRW 78
Residual Income 2,179 KRW 2,190 KRW 2,051 KRW 76
EPV 2,032 KRW 2,173 KRW 2,295 KRW 74
All 15 models by family
DCF Models
Owner Earnings best evidence 2,705 KRW 3,299 KRW 4,401 KRW 78
Earnings-Based
Graham-Dodd 899.48 KRW 1,099 KRW 1,236 KRW 67
EPV 2,032 KRW 2,173 KRW 2,295 KRW 74
Dividend Discount
Gordon GGM 435.03 KRW 477.06 KRW 540.11 KRW 69
DDM Multi-Stage 435.03 KRW 546.41 KRW 701.93 KRW 67
Multiples
P/E Multiple 2,083 KRW 2,776 KRW 3,470 KRW 63
P/S Multiple 1,685 KRW 2,247 KRW 2,810 KRW 58
P/B Multiple 1,685 KRW 2,247 KRW 2,810 KRW 55
EV/EBIT 3,445 KRW 4,197 KRW 4,949 KRW 66
EV/EBITDA 3,886 KRW 4,785 KRW 5,683 KRW 67
EV/Revenue 2,799 KRW 3,489 KRW 4,180 KRW 54
Asset-Based
NCAV (Graham) 1,435 KRW 1,923 KRW 2,871 KRW 54
Economic Profit
Residual Income 2,179 KRW 2,190 KRW 2,051 KRW 76
ROIC Compounder 2,032 KRW 2,173 KRW 2,295 KRW 72
Growth Earnings
Growth-Adj P/E 1,469 KRW 2,099 KRW 2,730 KRW 67

Widest divergence: DCF Models (3,299 KRW) versus Dividend Discount (477.06 KRW). Highest evidence: Owner Earnings (78).

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Key figures & financial health

P/S ratio 0.08 TTM
Dividend yield 0.0%
Net margin 5.9% FY2025
Return on equity 3.7% TTM
Return on assets (EBIT) 8.9% avg 5y
Operating margin 5.8% TTM
More key figures
Growth
Revenue growth (YoY) −6.8% 3y avg −46.4%
EPS growth (YoY) −77.9%
Balance sheet & cash flow
Free cash flow −17.7M KRW FY2025

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 53 · Market factors (momentum, volatility) 58

Profitability 34
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 100
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Wing Yip Food Holdings Group Limited, through its subsidiaries, operates as a meat product processing company in the Mainland China.

Full company description

Wing Yip Food Holdings Group Limited, through its subsidiaries, operates as a meat product processing company in the Mainland China. It is involved in the processing, sale, and distribution of cured meat products, including cured pork sausages and cured pork meat products, as well as other cured meat products comprising cured chicken, cured duck, and cured fish products; snack products consisting of ready-to-eat sausages, jerky, duck necks, duck feet, and claypot rice; and frozen meat products, such as frozen sausages, frozen beef patties, and frozen chicken breast fillets. The company sells its products under the Wing Yip, Jiangwang, and Kuangke brands. It distributes its products through distributors, self-operated stores, retail outlets, supermarkets, online stores, and e-commerce platforms. The company was formerly known as Wing Yip Food (China) Holdings Group Limited. Wing Yip Food Holdings Group Limited was founded in 1915 and is based in Zhongshan City, China.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Wing Yip Food (China) Holdings Group Limited reported revenue of 135M CNY in FY2025 versus 865M CNY in FY2021, a compound −37.1%/yr. Reported net income was 7.9M CNY in FY2025, compounding −47.9%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
135M KRW
Latest YoY
−87.0%
Avg. revenue 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.
−46.4%
Avg. revenue 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.
−29.3%
Avg. revenue growth/yr (10Y) 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.
−8.1%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−17.0% (−17.0 + 0.0)
Revenue −37.1%/yr
FY21 865M CNY
FY22 880M CNY
FY23 949M CNY
FY24 1.0B CNY
FY25 135M CNY
Net income −47.9%/yr
FY21 107M CNY
FY22 85.3M CNY
FY23 84.9M CNY
FY24 75.6M CNY
FY25 7.9M CNY

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Cite: Fair Value Calculator (2026). "Wing Yip Food (China) Holdings Group Limited Fair Value". https://www.fairvalue-calculator.com/stock/900340

Peer Group

Packaged Foods · 672 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 54 · Above median
Fair Value upside +95% · Top 25%
Return on equity (TTM) 4% · Below median
Return on assets 3% · Below median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 6% · Below median
Revenue growth −7% · Bottom 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.08× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 25
FUTURE0 · sector 20
PAST15 · sector 26
HEALTH96 · sector 96
DIVIDEND0 · sector 53

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

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $25.13 $24.59 −2%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $40.44 $28.32 −30%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

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Frequently asked questions

Is Wing Yip Food (China) Holdings Group Limited (900340) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of 2,776 KRW versus a price of 1,426 KRW, about +95% upside (undervalued).
What is the fair value of 900340?
Our model-based fair value for Wing Yip Food (China) Holdings Group Limited is 2,776 KRW (as of Aug 15, 2026), built from audited fundamentals. The current price: 1,426 KRW.
What is the quality score of 900340?
Wing Yip Food (China) Holdings Group Limited has a Quality Score of 54/100. 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 net profit margin of 900340?
The net profit margin of Wing Yip Food (China) Holdings Group Limited is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. Based on the latest reported figures.
Does Wing Yip Food (China) Holdings Group Limited pay a dividend?
Wing Yip Food (China) Holdings Group Limited currently shows a dividend yield of about 0.01% relative to its recent price (as of Aug 15, 2026).
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