Wuliangye（000858）Can stocks still be purchased? Is the current valuation high or low?

In China's Baijiu industry8Daming liquor is believed to be well-known to everyone, including Maotai liquor, Wuliangye liquor, Gujinggong liquor, Jiannanchun liquor, Luzhou Laojiao Tequ liquor, Fenjiu liquor, Xifeng liquor, and Dong liquor. Due to the high stock price of Maotai liquor, many retail investors have been deterred,ZHAOFXCaijing believes that investing in stocks of Wuliangye is a good choice, why do you say so? Please refer to the following analysis

Can Wuliangye stock still hold positions now?ZHAOFXAccording to Caijing analysis, Wuliangye's stocks are suitable for long-term holding and value oriented investments. For friends who like to speculate, it is not appropriate to do the opposite in the short term for the following reasons:

1In recent years, a series of new policies and regulations have been issued, which has suppressed the demand for high-end Baijiu. However, the impact of Wuliangye is not significant as it has a wide product line, with high-end liquor production accounting for approximately15%。

2We all know that Baijiu has a history of thousands of years in China, but the history of wine development in China has a long history. Wuliangye Group not only focuses on the diversified development of the Baijiu industry, but also distributes the wine industry.

3Compared to the wine industry, the valuation of Wuliangye is far lower than that of Maotai and Yanghe, so Wuliangye still has a lot of room for appreciation.

If you also want to hold the stock for a long time, it indicates that you are a value oriented investor. Buying this stock now is just the right time. If you continue to hesitate, the valuation of Wuliangye will only be higher, and there is really no need to buy again at that time. However, although Wuliangye is suitable for long-term holding of value stocks, in the face of China's overall economic environment, it may fall to the bottom in the short term, which also provides investors with good buying opportunities.

What is the valuation of Wuliangye, high or low? Let's take a look at the long-term prospects of Wuliangye firstPE

end2month1Day, displayed in the Wuliangye tray11346The total market value of one billion yuan. So,3In the following years2022What is the annual profit?adoptZHAOFXFinance and Economics Network Statistics Domestic138The consensus forecast of a well-known analyst for Wuliangye's performance is:2022year297Net profit of 100 million yuan, forwardPE=11346/297=38.2PE。

The above is the analysis of the development of Wuliangye stock. In fact, from its development perspective, Wuliangye stock still has great development prospects. It also knows that it is not easy to become the next Maotai, so it has started to achieve self breakthroughs through diversified development, which is worthy of investors' attention.

writing/ZHAOFXCaijing Network