Base Food (TSE:2936) GF Value Rank: 2 (As of Aug. 15, 2026) — 33% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:2936 Base Food Inc TSE:2936
54 GF Score
Price 円271.00
GF Value 円467.54
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Base Food GF Value Rank?

Base Food TSE:2936 +1.12% 54 GF Value Rank is 2 as of Aug. 15, 2026, which is 33% below its 10-year median of 3.00. GuruFocus rates TSE:2936 with a GF Score™ of 54/100 and a GF Value™ of 円467.54 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Base Food has the GF Value Rank of 2.

GF Value Rank evaluates the exclusive GuruFocus valuation and performance of a stock, rated on a scale from 1 to 10. It is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

A higher score indicates a stock with a relatively low valuation and substantial potential for outperformance. Conversely, a lower score often reflects stocks that are either highly overvalued or deeply undervalued, both of which tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

TSE:2936 vs KHC, GIS: GF Value Rank Comparison

For the Packaged Foods subindustry, Base Food's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

Base Food GF Value Rank vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Base Food's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Base Food's GF Value Rank falls into.


TSE:2936
54GF Score
Base Food Inc TSE:2936
GF Value Rank is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about GF Value Rank →
What does a GF Value Rank of 2 mean?
Base Food (TSE:2936) has a GF Value Rank of 2 as of Aug. 15, 2026. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Base Food and its competitors. This is 33% below median its historical median of 3.00. Over the past decade, Base Food's GF Value Rank has ranged from 2.00 to 4.00.
Is Base Food's GF Value Rank too high?
Base Food's current GF Value Rank of 2 is 33% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 4.00. Overall, Base Food has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Base Food's GF Value Rank compare to KHC and GIS?
Base Food's GF Value Rank of 2 can be compared against companies in the Consumer Packaged Goods industry. Historically, Base Food's own GF Value Rank has ranged from 2.00 to 4.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good GF Value Rank for a Consumer Packaged Goods company?
A good GF Value Rank depends on the Consumer Packaged Goods industry context. However, GF Value Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high GF Value Rank mean?
A high GF Value Rank can signal that a stock is expensive relative to its fundamentals. GF Value Rank is given based on historical multiples along with past returns, growth and future estimates of the business' performance. View historical data on Base Food and its competitors. Base Food's current GF Value Rank is 2, which is 33% below median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Base Food stock overvalued right now?
Based on GuruFocus' analysis, Base Food (TSE:2936) is currently considered Significantly Undervalued. The stock's GF Value™ is 円467.54, compared to a current price of 円271.00 — trading 42% below its estimated fair value. The current GF Value Rank is 2, which is 33% below median its 10-year median of 3.00. Base Food's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is GF Value Rank calculated?
GF Value Rank is calculated from a company's financial statements. For Base Food (TSE:2936), the current GF Value Rank is 2 as of Aug. 15, 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 Base Food (TSE:2936) Overvalued in 2026?

Based on GuruFocus' analysis, Base Food stock appears to be undervalued. The current stock price of 円271.00 is trading 42% below its estimated GF Value™ of 円467.54. GuruFocus considers Base Food to be Significantly Undervalued.

Key valuation signals for TSE:2936:

  • GF Value Rank: 2 (33% below median its 10-year median of 3.00)
  • GF Value™: 円467.54 vs. price of 円271.00 (42% below fair value)
  • GF Score™: 54/100 with 2 warning signs

No single metric tells the full story. See the TSE:2936 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Base Food Business Description

Address 5-25-2 Nakameguro, Meguro-ku, Tokyo, JPN, 153-0061
Base Food Inc is engaged in the development and sale of complete nutrition food. The company offers base bread, base pasta and base cookies related products.
54GF Score

Get the complete analysis for TSE:2936

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

円271.00
Price
円467.54
GF Value