Obermatt

Asahi Group

TYO:2502 · JP3116000005
BeveragesX-Large

360

55
EV / EBIT46
Price / Owner Earnings87
Owner Earnings Yield90
Dividend Yield83
Price/Sales49
EV / Gross Profit86
Price/Book91
Return on Capital8
Cash Return on Capital47
Return on Equity21
Profit margins22
Cash Conversion82
Accruals40
Owner Earnings Margin51
Sales growth7
Profit Growth23
Long-Term EPS Growth62
Owner Earnings Growth34
Reinvestment85
Price momentum17
Debt load34
Refinancing17
Debt Payback39
Liquidity44
Analyst ratings64
Opinion Changes50
Price Target Upside90
Market mood93
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Asahi Group clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryJapan
IndustryBeverages
SizeX-Large
TypePublic Company
ExchangeTSE
Founded1949
Employees265
ISINJP3116000005
Last UpdateApr 2, 2026
Themes
DistilleryCoffeeCustomer ServiceFood and BeverageHealth CareWellness

Description

Asahi Group Holdings, Ltd. operates as a beer, spirits, soft drinks and food company worldwide. Segments The company operates through four segments: Alcohol Beverages, Soft Drinks, Food, and Overseas. Alcohol Beverages This segment offers a range…

Analysis

Bargain bin

Asahi Group Holdings, Ltd. falls in the bargain bin: the price is low relative to peers, but the business metrics give reason to pause.

The price is attractive. You pay 9.8× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -3% yearly growth; analysts expect 8%. The price, in other words, assumes less than the experts do.

The trajectory is tepid and the balance sheet is adequate. The company scores 8/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
47
2023202420252026

All-time high

83

Jan 2023

All-time low

19

Jan 2026

Average rank

48

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
49
29
29
34
Price/Earnings
60
68
60
69
Price/Book
91
57
56
51
Dividend Yield
83
77
57
60
Value (overall)
76
81
52
43

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →