Obermatt

Aica Kogyo

TYO:4206 · JP3100800006
ChemicalsLarge

360

74
EV / EBIT93
Price / Owner Earnings62
Owner Earnings Yield92
Dividend Yield93
Price/Sales56
EV / Gross Profit86
Price/Book42
Returns on capital74
EBIT Margin73
Gross Profitability61
Cash Conversion4
Accruals5
Owner Earnings Margin67
Sales growth55
Profit Growth41
Long-Term EPS Growth45
Reinvestment81
Price momentum23
Debt load66
Refinancing53
Debt Payback100
Liquidity94
Analyst ratings59
Opinion Changes50
Price Target Upside56
Market mood6
Value Creation17/20strong value creator
  • 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

Aica Kogyo generates returns well above its cost of capital, the foundation of durable shareholder value.

Based on 3/5 components.

Profile

CountryJapan
IndustryChemicals
SizeLarge
TypePublic Company
ExchangeTSE
Founded1936
Websiteaica.co.jp
ISINJP3100800006
Last UpdateApr 2, 2026
Index & Theme
Packaging ServicesBio-based and Renewable MaterialsForestryHome ImprovementChemicalManufacturing

Description

Aica Kogyo Company, Limited is a leading manufacturer and supplier in the chemical and building materials industries, with a strong focus on innovation, sustainability, and global expansion. Business Segments The company’s business is divided into…

Analysis

Bargain bin

Aica Kogyo Company, Limited is priced cheaply, and that invites the natural question of why, since the underlying business scores below average. Worth noting: the cash the business generates has lagged behind what the income statement shows.

On valuation, the picture is attractive. The owner-earnings multiple stands at 10.7×; owner earnings: the cash an owner could take out each year.

Growth is moderate; the safety picture is sturdy. The company scores 17/20 on our value-creation score: strong value creator.

Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
63
2023202420252026

All-time high

95

Jan 2025

All-time low

29

Jan 2023

Average rank

67

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
56
38
46
41
Price/Earnings
76
52
58
28
Price/Book
42
27
38
39
Dividend Yield
93
55
78
65
Value (overall)
67
41
55
39

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 →