東鵬飲料(605499.SH)連續第9日漲停 市值571億元
格隆匯6月8日丨被稱為“功能性飲料第一股”的東鵬飲料(605499.SH)上市9個交易日,連續9日漲停,現報142.82元,較IPO價格46.27元累漲209%,最新市值571億元,市盈率(TTM)高達57.1。2020年公司在能量飲料領域市佔率第二。公司2020年營收49.5億元、近三年CAGR 20%,歸母淨利8.12億元、近三年CAGR 40%;擁有1600家經銷商、5萬家郵差/批發商,輻射120萬家終端門店。中金此前給予東鵬飲料目標價124元,稱潛在催化劑為公司省外擴張進程有望超過預期。中信證券給予170元的目標價,認為東鵬未來有望通過精耕廣東+全國化佈局實現快速增長,比肩紅牛。不過,伴隨着資本市場的火爆,市場有聲音質疑東鵬飲料聯合經銷商尤其是持股經銷商囤貨壓貨從而營收注水。

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