Ajinomoto Co (TSE:2802) EV-to-EBIT: 26.06 (As of Aug. 06, 2026) — 36% Above Median

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TSE:2802 Ajinomoto Co Inc TSE:2802
80 GF Score
Price 円5,333.00
GF Value 円3,721.12
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ajinomoto Co EV-to-EBIT?

Ajinomoto Co TSE:2802 +7.67% 80 EV-to-EBIT is 26.06 as of Aug. 06, 2026, which is 36% above its 10-year median of 19.16. GuruFocus rates TSE:2802 with a GF Score™ of 80/100 and a GF Value™ of 円3,721.12 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,555 Consumer Packaged Goods companies, Ajinomoto Co ranks worse than 80.96% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ajinomoto Co's Enterprise Value is 円5,432,126 Mil. Ajinomoto Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円208,433 Mil. Therefore, Ajinomoto Co's EV-to-EBIT for today is 26.06.

The historical rank and industry rank for Ajinomoto Co's EV-to-EBIT or its related term are showing as below:

TSE:2802' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.37   Med: 19.16   Max: 40.2
Current: 26.06

During the past 13 years, the highest EV-to-EBIT of Ajinomoto Co was 40.20. The lowest was 13.37. And the median was 19.16.

TSE:2802's EV-to-EBIT is ranked worse than
80.96% of 1555 companies
in the Consumer Packaged Goods industry
Industry Median: 12.07 vs TSE:2802: 26.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ajinomoto Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円4,555,731 Mil. Ajinomoto Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was 円208,433 Mil. Ajinomoto Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.58%.


Ajinomoto Co  (TSE:2802) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Ajinomoto Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=208433/4555730.665
=4.58 %

Ajinomoto Co's Enterprise Value for the quarter that ended in Mar. 2026 was 円4,555,731 Mil.
Ajinomoto Co'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208,433 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.


Ajinomoto Co EV-to-EBIT Related Terms


Ajinomoto Co EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co'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.

Ajinomoto Co EV-to-EBIT Chart

Ajinomoto Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.68 17.00 20.94 26.73 21.86

Ajinomoto Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.73 32.37 36.72 27.53 21.86

TSE:2802 vs KHC, GIS: EV-to-EBIT Comparison

For the Packaged Foods subindustry, Ajinomoto Co'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.


Ajinomoto Co EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ajinomoto Co's EV-to-EBIT falls into.


TSE:2802
80GF Score
Ajinomoto Co Inc TSE:2802
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajinomoto Co EV-to-EBIT Calculation

Ajinomoto Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5432125.765/208433
=26.06

Ajinomoto Co's current Enterprise Value is 円5,432,126 Mil.
Ajinomoto Co'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208,433 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 26.06 mean?
Ajinomoto Co (TSE:2802) has a EV-to-EBIT of 26.06 as of Aug. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ajinomoto Co and its competitors. This is 36% above median its historical median of 19.16. Over the past decade, Ajinomoto Co's EV-to-EBIT has ranged from 13.37 to 40.20. According to the industry distribution chart, Ajinomoto Co ranks #1259 out of 1555 companies in the Consumer Packaged Goods industry, placing it in the top 81%.
Is Ajinomoto Co's EV-to-EBIT too high?
Ajinomoto Co's current EV-to-EBIT of 26.06 is 36% above median its 10-year median of 19.16. Over the past 10 years, this metric has ranged from a low of 13.37 to a high of 40.20. The Consumer Packaged Goods industry median EV-to-EBIT is 12.07. Ajinomoto Co's value of 26.06 is 115.9% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #1259 out of 1555 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ajinomoto Co has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto Co's EV-to-EBIT compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #1259 out of 1555 companies for EV-to-EBIT. This places Ajinomoto Co in the lower half of its industry. The industry median EV-to-EBIT is 12.07. Ajinomoto Co's value of 26.06 is 115.9% above this benchmark. Historically, Ajinomoto Co's own EV-to-EBIT has ranged from 13.37 to 40.20 over the past decade. While the company's 10-year median is 19.16 vs. the industry median of 12.07, Ajinomoto Co has consistently been above 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 12.07, 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. Ajinomoto Co's current EV-to-EBIT of 26.06 is 115.9% above 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 Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current EV-to-EBIT is 26.06, which is 36% above median its own 10-year median of 19.16. 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3,721.12, compared to a current price of 円5,333.00 — trading 43.3% above its estimated fair value. The current EV-to-EBIT is 26.06, which is 36% above median its 10-year median of 19.16 and 115.9% above the Consumer Packaged Goods industry median of 12.07. Ajinomoto Co's overall GF Score™ is 80/100 with 2 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 Ajinomoto Co (TSE:2802), the current EV-to-EBIT is 26.06 as of Aug. 06, 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5,333.00 is trading 43.3% above its estimated GF Value™ of 円3,721.12. GuruFocus considers Ajinomoto Co to be Significantly Overvalued.

Key valuation signals for TSE:2802:

  • EV-to-EBIT: 26.06 (36% above median its 10-year median of 19.16)
  • GF Value™: 円3,721.12 vs. price of 円5,333.00 (43.3% above fair value)
  • GF Score™: 80/100 with 2 warning signs
  • Industry Position: 115.9% above the Consumer Packaged Goods median (#1259 of 1555)

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 Co Business Description

Address 15-1, Kyobashi 1-chome, Chuo-ku, Tokyo, JPN, 104-8315
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.
80GF Score

Get the complete analysis for TSE:2802

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円5,333.00
Price
円3,721.12
GF Value