Ajinomoto Co (MEX:2802N) EV-to-FCF: 36.03 (As of Jun. 24, 2026) — 13% Above Median


MEX:2802N Ajinomoto Co Inc MEX:2802N
79 GF Score
Price MXN316.69
GF Value MXN206.37
! 6 Warning Signs
View Full Analysis

What is Ajinomoto Co EV-to-FCF?

Ajinomoto Co MEX:2802N 79 EV-to-FCF is 36.03 as of Jun. 24, 2026, which is 13% above its 10-year median of 32.01. GuruFocus rates MEX:2802N with a GF Score™ of 79/100 and a GF Value™ of MXN206.37. The stock has 6 warning signs investors should review. Among 1,190 Consumer Packaged Goods companies, Ajinomoto Co ranks worse than 80.42% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ajinomoto Co's Enterprise Value is MXN569,960 Mil. Ajinomoto Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN15,820 Mil. Therefore, Ajinomoto Co's EV-to-FCF for today is 36.03.

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

MEX:2802N' s EV-to-FCF Range Over the Past 10 Years
Min: 17.63   Med: 32.01   Max: 94.03
Current: 42.61

During the past 13 years, the highest EV-to-FCF of Ajinomoto Co was 94.03. The lowest was 17.63. And the median was 32.01.

MEX:2802N's EV-to-FCF is ranked worse than
80.42% of 1190 companies
in the Consumer Packaged Goods industry
Industry Median: 15.655 vs MEX:2802N: 42.61

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-06-24), Ajinomoto Co's stock price is MXN316.69. Ajinomoto Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN16.544. Therefore, Ajinomoto Co's PE Ratio (TTM) for today is 19.14.


Ajinomoto Co  (MEX:2802N) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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)
=316.69/16.544
=19.14

Ajinomoto Co's share price for today is MXN316.69.
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 MXN16.544.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Ajinomoto Co EV-to-FCF Related Terms


Ajinomoto Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co's EV-to-FCF 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-FCF Chart

Ajinomoto Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.79 59.11 33.68 28.58 33.80

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-FCF 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 28.58 42.37 37.72 30.27 33.80

MEX:2802N vs KHC, GIS: EV-to-FCF Comparison

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

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

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


MEX:2802N
79GF Score
Ajinomoto Co Inc MEX:2802N
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ajinomoto Co EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=569960.165/15820.315
=36.03

Ajinomoto Co's current Enterprise Value is MXN569,960 Mil.
Ajinomoto Co's Free Cash Flow 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 MXN15,820 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-FCF →
What does a EV-to-FCF of 36.03 mean?
Ajinomoto Co (MEX:2802N) has a EV-to-FCF of 36.03 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ajinomoto Co and its competitors. This is 13% above median its historical median of 32.01. Over the past decade, Ajinomoto Co's EV-to-FCF has ranged from 17.63 to 94.03. According to the industry distribution chart, Ajinomoto Co ranks #957 out of 1190 companies in the Consumer Packaged Goods industry, placing it in the top 80.4%.
Is Ajinomoto Co's EV-to-FCF too high?
Ajinomoto Co's current EV-to-FCF of 36.03 is 13% above median its 10-year median of 32.01. Over the past 10 years, this metric has ranged from a low of 17.63 to a high of 94.03. The Consumer Packaged Goods industry median EV-to-FCF is 15.66. Ajinomoto Co's value of 36.03 is 130.2% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #957 out of 1190 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Ajinomoto Co has a GF Score™ of 79/100, reflecting its overall financial health beyond just this single metric.
How does Ajinomoto Co's EV-to-FCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #957 out of 1190 companies for EV-to-FCF. This places Ajinomoto Co in the lower half of its industry. The industry median EV-to-FCF is 15.66. Ajinomoto Co's value of 36.03 is 130.2% above this benchmark. Historically, Ajinomoto Co's own EV-to-FCF has ranged from 17.63 to 94.03 over the past decade. While the company's 10-year median is 32.01 vs. the industry median of 15.66, 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-FCF for a Consumer Packaged Goods company?
The median EV-to-FCF among Consumer Packaged Goods companies is 15.66, based on 1,190 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto Co's current EV-to-FCF of 36.03 is 130.2% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median EV-to-FCF is 15.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current EV-to-FCF is 36.03, which is 13% above median its own 10-year median of 32.01. 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?
Ajinomoto Co (MEX:2802N) has a current EV-to-FCF of 36.03. The stock's GF Value™ is MXN206.37, compared to a current price of MXN316.69 — trading 53.5% above its estimated fair value. The current EV-to-FCF is 36.03, which is 13% above median its 10-year median of 32.01 and 130.2% above the Consumer Packaged Goods industry median of 15.66. Ajinomoto Co's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ajinomoto Co (MEX:2802N), the current EV-to-FCF is 36.03 as of Jun. 24, 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 (MEX:2802N) Overvalued in 2026?

Based on GuruFocus' analysis, Ajinomoto Co stock appears to be overvalued. The current stock price of MXN316.69 is trading 53.5% above its estimated GF Value™ of MXN206.37.

Key valuation signals for MEX:2802N:

  • EV-to-FCF: 36.03 (13% above median its 10-year median of 32.01)
  • GF Value™: MXN206.37 vs. price of MXN316.69 (53.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 130.2% above the Consumer Packaged Goods median (#957 of 1190)

No single metric tells the full story. See the MEX:2802N 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.
79GF Score

Get the complete analysis for MEX:2802N

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

MXN316.69
Price
MXN206.37
GF Value