Valuation Ajinomoto Co., Inc.

Stocks

2802

JP3119600009

Food Processing

Market Closed - Japan Exchange Other stock markets 12:00:00 17/07/2026 pm IST			5-day change	1st Jan Change
5,194.00 ^JPY	-3.12%		-9.37%	+56.59%

02/07	Tranche Update on Ajinomoto Co., Inc.'s Equity Buyback Plan announced on November 6, 2025.	CI
01/07	Ajinomoto Co., Inc. Relocates Its Head Office to Chuo-Ku, Tokyo	CI

Company Valuation: Ajinomoto Co., Inc.

Data adjusted to current consolidation scope

Fiscal Period: March	2022	2023	2024	2025	2026	2027	2028	2029
Market Cap ¹	18,64,153	24,37,918	29,13,996	29,09,419	42,19,978	49,57,998	-	-
Change	-	30.78%	19.53%	-0.16%	45.05%	17.49%	-	-
Enterprise Value (EV) ¹	20,26,607	25,68,507	31,84,953	31,99,996	45,34,640	53,11,085	53,40,521	53,57,491
Change	-	26.74%	24%	0.47%	41.71%	17.12%	0.55%	0.32%
P/E	24.9x	26.2x	33.8x	42.4x	31.8x	36.7x	30.4x	25.6x
PBR	2.71x	3.17x	3.56x	3.94x	5.47x	6.46x	6.33x	6.07x
PEG	-	1x	-6.97x	-2.5x	0.3x	15.88x	1.5x	1.4x
Capitalization / Revenue	1.62x	1.79x	2.02x	1.9x	2.66x	2.89x	2.72x	2.56x
EV / Revenue	1.76x	1.89x	2.21x	2.09x	2.86x	3.09x	2.93x	2.77x
EV / EBITDA	10.9x	12.7x	14.4x	13x	15.7x	18.3x	16.4x	14.8x
EV / EBIT	16.9x	19.6x	22.3x	28.1x	26.2x	26.6x	22.8x	19.9x
EV / FCF	24.1x	29.3x	89.4x	24.1x	29.2x	42.3x	32.6x	28.2x
FCF Yield	4.15%	3.41%	1.12%	4.14%	3.42%	2.36%	3.07%	3.55%
Dividend per Share ²	26	34	37	40	48	50.41	61.55	72.92
Rate of return	1.5%	1.48%	1.31%	1.35%	1.09%	0.97%	1.19%	1.4%
EPS ²	69.71	87.98	83.72	69.77	138.4	141.6	170.9	202.9
Distribution rate	37.3%	38.6%	44.2%	57.3%	34.7%	35.6%	36%	35.9%
Net sales ¹	11,49,370	13,59,115	14,39,231	15,30,556	15,83,719	17,17,043	18,23,202	19,33,337
EBITDA ¹	1,86,165	2,02,835	2,21,250	2,45,763	2,88,326	2,89,952	3,25,872	3,61,775
EBIT ¹	1,19,931	1,31,015	1,42,952	1,13,968	1,73,051	1,99,457	2,34,563	2,69,702
Net income ¹	75,725	94,065	87,121	70,272	1,34,675	1,34,319	1,59,775	1,86,219
Net Debt ¹	1,62,454	1,30,589	2,70,957	2,90,577	3,14,662	3,53,087	3,82,524	3,99,494
Reference price ²	1,737.50	2,303.00	2,830.00	2,958.50	4,397.00	5,194.00	5,194.00	5,194.00
Nbr of stocks (in thousands)	10,72,894	10,58,584	10,29,681	9,83,410	9,59,740	9,54,562	-	-
Announcement Date	11/05/22	11/05/23	09/05/24	08/05/25	07/05/26	-	-	-

¹JPY in Million²JPY

Estimates

P/E, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
AJINOMOTO CO., INC.	36.69x	3.09x	18.32x	0.97%	3.05TCr
NESTLÉ S.A.	21.22x	3.04x	14.92x	3.68%	27TCr
MONDELEZ INTERNATIONAL, INC.	21.31x	2.47x	14.6x	3.4%	7.83TCr
DANONE	19.24x	1.95x	11.03x	3.2%	5.35TCr
ARCHER-DANIELS-MIDLAND COMPANY	19.13x	0.57x	10.9x	2.39%	4.14TCr
THE HERSHEY COMPANY	21.47x	3.19x	12.97x	3.37%	3.48TCr
KRAFT HEINZ	12.33x	1.97x	9.7x	6.2%	3.07TCr
NESTLÉ INDIA LIMITED	69.67x	10.41x	44.19x	1.09%	2.86TCr
BUNGE GLOBAL SA	13.69x	0.4x	9.3x	2.44%	2.31TCr
GENERAL MILLS, INC.	12.03x	1.85x	10.63x	6.46%	2.03TCr
Average	24.68x	2.89x	15.66x	3.32%	6.14TCr
Weighted average by Cap.	22.93x	2.87x	15.08x	3.41%