Obermatt

Ajinomoto

TYO:2802 · JP3119600009
Food ProductsX-Large

360

85
EV / EBIT11
Price / Owner Earnings29
Owner Earnings Yield40
Dividend Yield41
Price/Sales3
EV / Gross Profit18
Price/Book3
Return on Capital77
Cash Return on Capital82
Return on Equity77
EBIT Margin64
Gross Profitability77
Cash Conversion57
Accruals60
Owner Earnings Margin74
Sales growth97
Profit Growth99
Long-Term EPS Growth77
Owner Earnings Growth87
Reinvestment69
Price momentum99
Debt load38
Refinancing11
Debt Payback61
Liquidity66
Analyst ratings70
Opinion Changes67
Price Target Upside27
Market mood74
Value Creation18/20strong 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

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

Profile

CountryJapan
IndustryFood Products
SizeX-Large
TypePublic Company
ExchangeTSE
Founded2005
Employees648
ISINJP3119600009
Last UpdateApr 2, 2026
Themes
Animal FeedCoffeeNutraceuticalFast-Moving Consumer GoodsAgricultureFood and BeverageFood ProcessingManufacturing

Description

Ajinomoto Co., Inc. engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally. Business Segments The company operates through several key business segments: Seasonings and Foods, Frozen Food…

Analysis

Beloved champion

Ajinomoto Co., Inc. is a beloved champion: its quality is genuine, and the market already prices it as exceptional.

The price is expensive. You pay 36.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 14% yearly growth; analysts expect 11%. The price, in other words, assumes less than the experts do.

The trajectory is solid and the balance sheet is sturdy. The company scores 18/20 on our value-creation score: strong value creator.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
60
2023202420252026

All-time high

77

Jan 2026

All-time low

8

Feb 2026

Average rank

37

across all years

Detailed & Historical Ranks

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

Current202520242023
Price/Sales
3
15
17
21
Price/Earnings
15
7
16
15
Price/Book
3
9
11
15
Dividend Yield
41
10
25
27
Value (overall)
1
1
8
11

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 →