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MorinagaTSE:2201 -0.98%90 EV-to-EBIT is 8.30 as of Aug. 08, 2026, which is 29% below its 10-year median of 11.68. GuruFocus rates TSE:2201 with a GF Score™ of 90/100 and a GF Value™ of 円3,119.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,555 Consumer Packaged Goods companies, Morinaga ranks better than 70.74% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Morinaga's Enterprise Value is 円211,378 Mil.
Morinaga's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円25,461 Mil. Therefore, Morinaga's EV-to-EBIT for today is 8.30.
The historical rank and industry rank for Morinaga's EV-to-EBIT or its related term are showing as below:
TSE:2201'
s EV-to-EBIT Range Over the Past 10 Years
Min: 3.79 Med: 11.68 Max: 23.35
Current: 8.3
During the past 13 years, the highest EV-to-EBIT of Morinaga was 23.35. The lowest was 3.79. And the median was 11.68.
TSE:2201's EV-to-EBIT is ranked better than 70.74% of 1555
companies
in the Consumer Packaged Goods industry
Industry Median: 12.04
vs TSE:2201: 8.30
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Morinaga's Enterprise Value for the quarter that ended in Mar. 2026 was 円222,125 Mil.
Morinaga's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円25,461 Mil.
* 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.
Morinaga EV-to-EBIT Related Terms
Morinaga EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Morinaga's EV-to-EBIT 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 Confectioners subindustry, Morinaga's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Morinaga EV-to-EBIT vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Morinaga's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Morinaga's EV-to-EBIT falls into.
Morinaga's current Enterprise Value is 円211,378 Mil.
Morinaga's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円25,461 Mil.
* 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.
Morinaga (TSE:2201) has a EV-to-EBIT of 8.30 as of Aug. 08, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Morinaga and its competitors. This is 29% below median its historical median of 11.68. Over the past decade, Morinaga's EV-to-EBIT has ranged from 3.79 to 23.35. According to the industry distribution chart, Morinaga ranks #455 out of 1555 companies in the Consumer Packaged Goods industry, placing it in the top 29.3%.
Is Morinaga's EV-to-EBIT too high?
Morinaga's current EV-to-EBIT of 8.30 is 29% below median its 10-year median of 11.68. Over the past 10 years, this metric has ranged from a low of 3.79 to a high of 23.35. The Consumer Packaged Goods industry median EV-to-EBIT is 12.04. Morinaga's value of 8.30 is 31.1% below this industry median. Based on the distribution chart, Morinaga ranks #455 out of 1555 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Morinaga has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Morinaga's EV-to-EBIT compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Morinaga ranks #455 out of 1555 companies for EV-to-EBIT. This puts Morinaga in the upper half of its industry. The industry median EV-to-EBIT is 12.04. Morinaga's value of 8.30 is 31.1% below this benchmark. Historically, Morinaga's own EV-to-EBIT has ranged from 3.79 to 23.35 over the past decade. While the company's 10-year median is 11.68 vs. the industry median of 12.04, Morinaga has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Consumer Packaged Goods company?
The median EV-to-EBIT among Consumer Packaged Goods companies is 12.04, based on 1,555 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Morinaga's current EV-to-EBIT of 8.30 is 31.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Morinaga and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Morinaga's current EV-to-EBIT is 8.30, which is 29% below median its own 10-year median of 11.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Morinaga stock overvalued right now?
Based on GuruFocus' analysis, Morinaga (TSE:2201) is currently considered Modestly Undervalued. The stock's GF Value™ is 円3,119.38, compared to a current price of 円2,572.50 — trading 17.5% below its estimated fair value. The current EV-to-EBIT is 8.30, which is 29% below median its 10-year median of 11.68 and 31.1% below the Consumer Packaged Goods industry median of 12.04. Morinaga's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Morinaga (TSE:2201), the current EV-to-EBIT is 8.30 as of Aug. 08, 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 Morinaga (TSE:2201) Overvalued in 2026?
Based on GuruFocus' analysis, Morinaga stock appears to be undervalued.
The current stock price of 円2,572.50 is trading 17.5% below its estimated GF Value™ of 円3,119.38.
GuruFocus considers Morinaga to be Modestly Undervalued.
Key valuation signals for TSE:2201:
EV-to-EBIT: 8.30 (29% below median its 10-year median of 11.68)
GF Value™: 円3,119.38 vs. price of 円2,572.50 (17.5% below fair value)
Industry Position: 31.1% below the Consumer Packaged Goods median (#455 of 1555)
No single metric tells the full story. See the TSE:2201 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Morinaga & Co Ltd is a Japan-based confectionery company. It has developed a diverse range of confectionery products, canned soft drinks and ice cream that are delicious, fun, and healthy. The company's products are divided into five main divisions, Confectioneries, Foods, Frozen Desserts, Weider, and Healthcare. Confectionaries include Morinaga Biscuits, Chocoball chocolate, Dars chocolate, Koeda chocolate, and HI-CHEW candy. Foods include Morinaga Cocoa; Frozen Desserts include Choco Monaka Jumbo; Weider products include Weider in Jelly; and Healthcare products include Seisho-sabo, Kenpo-shukan, and Collagen drink.
90GF Score
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