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China Feihe Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Feihe and similar public comparables like Uni-President China, Yamazaki Baking, NH Foods, Coca Cola Icecek and more.
China Feihe Overview
About China Feihe
China Feihe is China's largest infant milk formula producer, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its โmore suitable for Chinese babiesโ proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.
Founded
2012
HQ

Employees
9.6K
Website
Financials (LTM)
EV
$2B
China Feihe Financials
China Feihe reported last 12-month revenue of $3B and EBITDA of $614M.
In the same LTM period, China Feihe generated $2B in gross profit, $614M in EBITDA, and $336M in net income.
Revenue (LTM)
China Feihe P&L
In the most recent fiscal year, China Feihe reported revenue of $3B and EBITDA of $898M.
China Feihe expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $3B | XXX | $3B | XXX | XXX | XXX |
| Gross Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Gross Margin | 68% | XXX | 66% | XXX | XXX | XXX |
| EBITDA | $614M | XXX | $898M | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 30% | XXX | XXX | XXX |
| EBIT Margin | 21% | XXX | 27% | XXX | XXX | XXX |
| Net Profit | $336M | XXX | $513M | XXX | XXX | XXX |
| Net Margin | 12% | XXX | 17% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Feihe Stock Performance
China Feihe has current market cap of $4B, and enterprise value of $2B.
Market Cap Evolution
China Feihe's stock price is $0.50.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $2B | $4B | 0.0% | XXX | XXX | XXX | $0.06 |
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Start Free TrialChina Feihe Valuation Multiples
China Feihe trades at 0.8x EV/Revenue multiple, and 3.4x EV/EBITDA.
EV / Revenue (LTM)
China Feihe Financial Valuation Multiples
As of March 19, 2026, China Feihe has market cap of $4B and EV of $2B.
Equity research analysts estimate China Feihe's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Feihe has a P/E ratio of 13.1x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $2B | XXX | $2B | XXX | XXX | XXX |
| EV/Revenue | 0.8x | XXX | 0.7x | XXX | XXX | XXX |
| EV/EBITDA | 3.4x | XXX | 2.3x | XXX | XXX | XXX |
| EV/EBIT | 3.6x | XXX | 2.6x | XXX | XXX | XXX |
| EV/Gross Profit | 1.1x | XXX | 1.0x | XXX | XXX | XXX |
| P/E | 13.1x | XXX | 8.5x | XXX | XXX | XXX |
| EV/FCF | 6.4x | XXX | 4.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Feihe Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


China Feihe Margins & Growth Rates
China Feihe's revenue in the last 12 month grew by 3%.
China Feihe's revenue per employee in the last FY averaged $0.3M.
China Feihe's rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Feihe's rule of X is 29% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Feihe Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | (9%) | XXX | XXX | XXX |
| EBITDA Margin | 22% | XXX | 30% | XXX | XXX | XXX |
| EBITDA Growth | 5% | XXX | (33%) | XXX | XXX | XXX |
| Rule of 40 | โ | XXX | 25% | XXX | XXX | XXX |
| Bessemer Rule of X | โ | XXX | 29% | XXX | XXX | XXX |
| Revenue per Employee | โ | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 38% | XXX | 35% | XXX | XXX | XXX |
| G&A Expenses to Revenue | โ | XXX | 5% | XXX | XXX | XXX |
| R&D Expenses to Revenue | โ | XXX | 3% | XXX | XXX | XXX |
| Opex to Revenue | โ | XXX | 40% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Feihe Public Comps
See public comps and valuation multiples for other Food & Beverages and Baby & Child Care comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Uni-President China | XXX | XXX | XXX | XXX | XXX | XXX |
| Yamazaki Baking | XXX | XXX | XXX | XXX | XXX | XXX |
| NH Foods | XXX | XXX | XXX | XXX | XXX | XXX |
| Coca Cola Icecek | XXX | XXX | XXX | XXX | XXX | XXX |
| United Breweries | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Feihe M&A Activity
China Feihe acquired XXX companies to date.
Last acquisition by China Feihe was on XXXXXXXX, XXXXX. China Feihe acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Feihe
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialChina Feihe Investment Activity
China Feihe invested in XXX companies to date.
China Feihe made its latest investment on XXXXXXXX, XXXXX. China Feihe invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Feihe
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout China Feihe
| When was China Feihe founded? | China Feihe was founded in 2012. |
| Where is China Feihe headquartered? | China Feihe is headquartered in China. |
| How many employees does China Feihe have? | As of today, China Feihe has over 9K employees. |
| Who is the CEO of China Feihe? | China Feihe's CEO is Youbin Leng. |
| Is China Feihe publicly listed? | Yes, China Feihe is a public company listed on HKEX. |
| What is the stock symbol of China Feihe? | China Feihe trades under 06186 ticker. |
| When did China Feihe go public? | China Feihe went public in 2019. |
| Who are competitors of China Feihe? | China Feihe main competitors are Uni-President China, Yamazaki Baking, NH Foods, Coca Cola Icecek. |
| What is the current market cap of China Feihe? | China Feihe's current market cap is $4B. |
| What is the current revenue of China Feihe? | China Feihe's last 12 months revenue is $3B. |
| What is the current revenue growth of China Feihe? | China Feihe revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of China Feihe? | Current revenue multiple of China Feihe is 0.8x. |
| Is China Feihe profitable? | Yes, China Feihe is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Feihe? | China Feihe's last 12 months EBITDA is $614M. |
| What is China Feihe's EBITDA margin? | China Feihe's last 12 months EBITDA margin is 22%. |
| What is the current EV/EBITDA multiple of China Feihe? | Current EBITDA multiple of China Feihe is 3.4x. |
| What is the current FCF of China Feihe? | China Feihe's last 12 months FCF is $324M. |
| What is China Feihe's FCF margin? | China Feihe's last 12 months FCF margin is 12%. |
| What is the current EV/FCF multiple of China Feihe? | Current FCF multiple of China Feihe is 6.4x. |
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