Ajinomoto Co (TSE:2802) EV-to-EBITDA: 25.40 (As of Aug. 08, 2026) — 126% Above Median

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TSE:2802 Ajinomoto Co Inc TSE:2802
83 GF Score
Price 円5,196.00
GF Value 円3,722.80
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Ajinomoto Co EV-to-EBITDA?

Ajinomoto Co TSE:2802 83 EV-to-EBITDA is 25.40 as of Aug. 08, 2026, which is 126% above its 10-year median of 11.25. GuruFocus rates TSE:2802 with a GF Score™ of 83/100 and a GF Value™ of 円3,722.80 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,640 Consumer Packaged Goods companies, Ajinomoto Co ranks worse than 85.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ajinomoto Co's enterprise value is 円5,294,981 Mil. Ajinomoto Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was 円208,433 Mil. Therefore, Ajinomoto Co's EV-to-EBITDA for today is 25.40.

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

TSE:2802' s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.35   Med: 11.25   Max: 30.44
Current: 25.4

During the past 13 years, the highest EV-to-EBITDA of Ajinomoto Co was 30.44. The lowest was 8.35. And the median was 11.25.

TSE:2802's EV-to-EBITDA is ranked worse than
85.73% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 9.09 vs TSE:2802: 25.40

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-08), Ajinomoto Co's stock price is 円5196.00. Ajinomoto Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was 円138.360. Therefore, Ajinomoto Co's PE Ratio (TTM) for today is 37.55.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ajinomoto Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5196.00/138.360
=37.55

Ajinomoto Co's share price for today is 円5196.00.
Ajinomoto Co's Earnings per Share (Diluted) 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138.360.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ajinomoto Co EV-to-EBITDA Related Terms


Ajinomoto Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co's EV-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.

Ajinomoto Co EV-to-EBITDA Chart

Ajinomoto Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.43 11.62 13.90 15.68 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-EBITDA 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 15.68 19.54 21.58 16.50 21.86

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

For the Packaged Foods subindustry, Ajinomoto Co's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Consumer Packaged Goods Industry

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

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


TSE:2802
83GF Score
Ajinomoto Co Inc TSE:2802
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajinomoto Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5294981.497/208433
=25.40

Ajinomoto Co's current Enterprise Value is 円5,294,981 Mil.
Ajinomoto Co's EBITDA 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-EBITDA →
What does a EV-to-EBITDA of 25.40 mean?
Ajinomoto Co (TSE:2802) has a EV-to-EBITDA of 25.40 as of Aug. 08, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ajinomoto Co. This is 126% above median its historical median of 11.25. Over the past decade, Ajinomoto Co's EV-to-EBITDA has ranged from 8.35 to 30.44. According to the industry distribution chart, Ajinomoto Co ranks #1406 out of 1640 companies in the Consumer Packaged Goods industry, placing it in the top 85.7%.
Is Ajinomoto Co's EV-to-EBITDA too high?
Ajinomoto Co's current EV-to-EBITDA of 25.40 is 126% above median its 10-year median of 11.25. Over the past 10 years, this metric has ranged from a low of 8.35 to a high of 30.44. The Consumer Packaged Goods industry median EV-to-EBITDA is 9.09. Ajinomoto Co's value of 25.40 is 179.4% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #1406 out of 1640 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. 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 EV-to-EBITDA compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #1406 out of 1640 companies for EV-to-EBITDA. This places Ajinomoto Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.09. Ajinomoto Co's value of 25.40 is 179.4% above this benchmark. Historically, Ajinomoto Co's own EV-to-EBITDA has ranged from 8.35 to 30.44 over the past decade. While the company's 10-year median is 11.25 vs. the industry median of 9.09, 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-EBITDA for a Consumer Packaged Goods company?
The median EV-to-EBITDA among Consumer Packaged Goods companies is 9.09, based on 1,640 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto Co's current EV-to-EBITDA of 25.40 is 179.4% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ajinomoto Co. For the Consumer Packaged Goods industry, the median EV-to-EBITDA is 9.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current EV-to-EBITDA is 25.40, which is 126% above median its own 10-year median of 11.25. 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3,722.80, compared to a current price of 円5,196.00 — trading 39.6% above its estimated fair value. The current EV-to-EBITDA is 25.40, which is 126% above median its 10-year median of 11.25 and 179.4% above the Consumer Packaged Goods industry median of 9.09. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ajinomoto Co (TSE:2802), the current EV-to-EBITDA is 25.40 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 Ajinomoto Co (TSE:2802) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued. The current stock price of 円5,196.00 is trading 39.6% above its estimated GF Value™ of 円3,722.80. GuruFocus considers Ajinomoto Co to be Significantly Overvalued.

Key valuation signals for TSE:2802:

  • EV-to-EBITDA: 25.40 (126% above median its 10-year median of 11.25)
  • GF Value™: 円3,722.80 vs. price of 円5,196.00 (39.6% above fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 179.4% above the Consumer Packaged Goods median (#1406 of 1640)

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.
83GF Score

Get the complete analysis for TSE:2802

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

円5,196.00
Price
円3,722.80
GF Value