Ajinomoto CoMEX:2802N 79 Interest Coverage is 17.29 as of Mar. 2026, which is 61% above its 10-year median of 10.72. 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 1,513 Consumer Packaged Goods companies, Ajinomoto Co ranks better than 60.01% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Ajinomoto Co's
Operating Income
for the
three
months ended in Mar. 2026 was MXN6,717 Mil. Ajinomoto Co's Interest Expense for the
three
months ended in Mar. 2026 was MXN-388 Mil.
Ajinomoto Co's interest coverage for the quarter that ended in Mar. 2026 was 17.29.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ajinomoto Co's Interest Coverage or its related term are showing as below:
MEX:2802N'
s Interest Coverage Range Over the Past 10 Years
Min: 6.4 Med: 10.72 Max: 19.23
Current: 15.53
MEX:2802N's Interest Coverage is ranked better than 60.01% of 1513
companies
in the Consumer Packaged Goods industry
Industry Median: 8.61
vs MEX:2802N: 15.53
Ajinomoto Co (MEX:2802N) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Ajinomoto Co Interest Coverage Related Terms
Ajinomoto Co Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ajinomoto Co's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
MEX:2802N vs KHC, GIS: Interest Coverage Comparison
For the Packaged Foods subindustry, Ajinomoto Co's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ajinomoto Co's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (MEX:2802N) has a Interest Coverage of 17.29 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ajinomoto Co and its competitors. This is 61% above median its historical median of 10.72. Over the past decade, Ajinomoto Co's Interest Coverage has ranged from 6.40 to 19.23. According to the industry distribution chart, Ajinomoto Co ranks #605 out of 1513 companies in the Consumer Packaged Goods industry, placing it in the top 40%.
Is Ajinomoto Co's Interest Coverage too high?
Ajinomoto Co's current Interest Coverage of 17.29 is 61% above median its 10-year median of 10.72. Over the past 10 years, this metric has ranged from a low of 6.40 to a high of 19.23. The Consumer Packaged Goods industry median Interest Coverage is 8.61. Ajinomoto Co's value of 17.29 is 100.8% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #605 out of 1513 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. 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 Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #605 out of 1513 companies for Interest Coverage. This puts Ajinomoto Co in the upper half of its industry. The industry median Interest Coverage is 8.61. Ajinomoto Co's value of 17.29 is 100.8% above this benchmark. Historically, Ajinomoto Co's own Interest Coverage has ranged from 6.40 to 19.23 over the past decade. While the company's 10-year median is 10.72 vs. the industry median of 8.61, 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 Interest Coverage for a Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.61, based on 1,513 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto Co's current Interest Coverage of 17.29 is 100.8% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current Interest Coverage is 17.29, which is 61% above median its own 10-year median of 10.72. 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 Interest Coverage of 17.29. 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 Interest Coverage is 17.29, which is 61% above median its 10-year median of 10.72 and 100.8% above the Consumer Packaged Goods industry median of 8.61. 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 Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Ajinomoto Co (MEX:2802N), the current Interest Coverage is 17.29 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 (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:
Interest Coverage: 17.29 (61% above median its 10-year median of 10.72)
GF Value™: MXN206.37 vs. price of MXN316.69 (53.5% above fair value)
Industry Position: 100.8% above the Consumer Packaged Goods median (#605 of 1513)
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 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
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