2802 Stock Overview
Ajinomoto Co., Inc. engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally.
No risks detected for 2802 from our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||JP¥3,145.00|
|52 Week High||JP¥3,656.00|
|52 Week Low||JP¥2,427.00|
|1 Month Change||-7.53%|
|3 Month Change||-5.27%|
|1 Year Change||29.58%|
|3 Year Change||61.24%|
|5 Year Change||31.84%|
|Change since IPO||124.64%|
Recent News & Updates
|2802||JP Food||JP Market|
Return vs Industry: 2802 exceeded the JP Food industry which returned -1.2% over the past year.
Return vs Market: 2802 exceeded the JP Market which returned -2.9% over the past year.
|2802 Average Weekly Movement||4.6%|
|Food Industry Average Movement||3.1%|
|Market Average Movement||4.6%|
|10% most volatile stocks in JP Market||9.1%|
|10% least volatile stocks in JP Market||2.5%|
Stable Share Price: 2802 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 2802's weekly volatility (5%) has been stable over the past year.
About the Company
Ajinomoto Co., Inc. engages in the seasonings and foods, frozen foods, and healthcare and other businesses in Japan and internationally. Its Seasonings and Foods segment offers sauces and seasonings products under the AJI-NO-MOTO, HON-DASHI, Cook Do, Ajinomoto KK Consommé, Pure Select Mayonnaise, Ros Dee, Masako, Aji-ngon, Sazón, Sajiku, and CRISPY FRY names; and solutions and ingredients to consumer foods and food service industries. This segment also provides instant noodles under the Knorr Cup Soup, and YumYum names; coffee under the Birdy and Blendy brands; powdered drink under the Birdy 3in1 name; MAXIM products; Chyotto Zeitakuna Kohiten products; and gift sets and office supplies comprising coffee vending machines, tea server, etc. The Frozen Foods segment offers Chinese dumplings, cooked rice, noodles, desserts, shumai, processed chicken, and other products.
Ajinomoto Fundamentals Summary
|2802 fundamental statistics|
Is 2802 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2802 income statement (TTM)|
|Cost of Revenue||JP¥723.47b|
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 29, 2022
|Earnings per share (EPS)||141.16|
|Net Profit Margin||6.59%|
How did 2802 perform over the long term?See historical performance and comparison
1.8%Current Dividend Yield
Is Ajinomoto undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2802 (¥3145) is trading below our estimate of fair value (¥4634.5)
Significantly Below Fair Value: 2802 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2802 is poor value based on its PE Ratio (22.3x) compared to the JP Food industry average (14.9x).
PE vs Market: 2802 is poor value based on its PE Ratio (22.3x) compared to the JP market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: 2802 is poor value based on its PEG Ratio (2.8x)
Price to Book Ratio
PB vs Industry: 2802 is overvalued based on its PB Ratio (2.5x) compared to the JP Food industry average (1x).
How is Ajinomoto forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2802's forecast earnings growth (7.9% per year) is above the savings rate (0.02%).
Earnings vs Market: 2802's earnings (7.9% per year) are forecast to grow slower than the JP market (8.8% per year).
High Growth Earnings: 2802's earnings are forecast to grow, but not significantly.
Revenue vs Market: 2802's revenue (4.7% per year) is forecast to grow faster than the JP market (4% per year).
High Growth Revenue: 2802's revenue (4.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 2802's Return on Equity is forecast to be low in 3 years time (12.5%).
How has Ajinomoto performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2802 has high quality earnings.
Growing Profit Margin: 2802's current net profit margins (6.6%) are higher than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 2802's earnings have grown by 5.1% per year over the past 5 years.
Accelerating Growth: 2802's earnings growth over the past year (27.4%) exceeds its 5-year average (5.1% per year).
Earnings vs Industry: 2802 earnings growth over the past year (27.4%) exceeded the Food industry 6.6%.
Return on Equity
High ROE: 2802's Return on Equity (10.8%) is considered low.
How is Ajinomoto's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2802's short term assets (¥581.4B) exceed its short term liabilities (¥324.6B).
Long Term Liabilities: 2802's short term assets (¥581.4B) exceed its long term liabilities (¥392.7B).
Debt to Equity History and Analysis
Debt Level: 2802's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 2802's debt to equity ratio has reduced from 48.4% to 42.4% over the past 5 years.
Debt Coverage: 2802's debt is well covered by operating cash flow (46.4%).
Interest Coverage: 2802's interest payments on its debt are well covered by EBIT (58.9x coverage).
What is Ajinomoto current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2802's dividend (1.84%) is higher than the bottom 25% of dividend payers in the JP market (1.64%).
High Dividend: 2802's dividend (1.84%) is low compared to the top 25% of dividend payers in the JP market (3.69%).
Stability and Growth of Payments
Stable Dividend: 2802's dividends per share have been stable in the past 10 years.
Growing Dividend: 2802's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.3%), 2802's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48%), 2802's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Taro Fujie (60 yo)
Mr. Taro Fujie serves as Representative Executive Officer, President & Chief Executive Officer at Ajinomoto Co., Inc. since April 2022. He served as a Corporate Vice President at Ajinomoto Co., Inc. since...
Experienced Management: 2802's management team is considered experienced (2.9 years average tenure).
Experienced Board: 2802's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ajinomoto Co., Inc.'s employee growth, exchange listings and data sources
- Name: Ajinomoto Co., Inc.
- Ticker: 2802
- Exchange: TSE
- Founded: 1909
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: JP¥1.687t
- Shares outstanding: 536.44m
- Website: https://www.ajinomoto.co.jp
Number of Employees
- Ajinomoto Co., Inc.
- 15-1, Kyobashi 1-chome
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/21 00:00|
|End of Day Share Price||2022/05/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.