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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Ajinomoto Co's Debt-to-EBITDA or its related term are showing as below:
TSE:2802'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.27 Med: 2.13 Max: 3.01
Current: 2.02
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ajinomoto Co was 3.01. The lowest was 1.27. And the median was 2.13.
TSE:2802's Debt-to-EBITDA is ranked better than 50.58% of 1550
companies
in the Consumer Packaged Goods industry
Industry Median: 2.075
vs TSE:2802: 2.02
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Ajinomoto Co Debt-to-EBITDA Related Terms
Ajinomoto Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ajinomoto Co's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Packaged Foods subindustry, Ajinomoto Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ajinomoto Co Debt-to-EBITDA vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ajinomoto Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Ajinomoto Co (TSE:2802) has a Debt-to-EBITDA of -39.03 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ajinomoto Co. Over the past decade, Ajinomoto Co's Debt-to-EBITDA has ranged from 1.27 to 3.01. According to the industry distribution chart, Ajinomoto Co ranks #766 out of 1550 companies in the Consumer Packaged Goods industry, placing it in the top 49.4%.
Is Ajinomoto Co's Debt-to-EBITDA too high?
Ajinomoto Co's current Debt-to-EBITDA is -39.03. Over the past 10 years, this metric has ranged from a low of 1.27 to a high of 3.01. Based on the distribution chart, Ajinomoto Co ranks #766 out of 1550 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Ajinomoto Co has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto Co's Debt-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #766 out of 1550 companies for Debt-to-EBITDA. This puts Ajinomoto Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.08. Historically, Ajinomoto Co's own Debt-to-EBITDA has ranged from 1.27 to 3.01 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.08, based on 1,550 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ajinomoto Co. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current Debt-to-EBITDA is -39.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajinomoto Co stock overvalued right now?
Based on GuruFocus' analysis, Ajinomoto Co (TSE:2802) is currently considered Significantly Overvalued. The stock's GF Value™ is 円3,716.92, compared to a current price of 円4,965.00 — trading 33.6% above its estimated fair value. The current Debt-to-EBITDA is -39.03. Ajinomoto Co's overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ajinomoto Co (TSE:2802), the current Debt-to-EBITDA is -39.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ajinomoto Co (TSE:2802) Overvalued in 2026?
Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued.
The current stock price of 円4,965.00 is trading 33.6% above its estimated GF Value™ of 円3,716.92.
GuruFocus considers Ajinomoto Co to be Significantly Overvalued.
Key valuation signals for TSE:2802:
Debt-to-EBITDA: -39.03
GF Value™: 円3,716.92 vs. price of 円4,965.00 (33.6% above fair value)
No single metric tells the full story. See the TSE:2802 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajinomoto was founded in 1909, and it began manufacturing the world's first umami seasoning, MSG, made from amino acids. It has since grown to be one of the top manufacturers of sauces and seasonings and has diversified into frozen foods and the manufacture of other amino acid-based materials. Its sauces and seasonings are sold across Southeast Asia, Europe, and the Americas and are found in most supermarkets, making up approximately 60% of its revenue. The remaining 40% is roughly divided into the healthcare and others segment and the frozen food segment. Its healthcare and others segment also includes functional materials, which include an organic resin material, Ajinomoto Build-up Film, which is currently the industry standard for ABF substrates for semiconductors.
83GF Score
Get the complete analysis for TSE:2802
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