Ajinomoto Co (MEX:2802N) ROA %: 9.61% (As of Mar. 2026) — 123% Above Median


MEX:2802N Ajinomoto Co Inc MEX:2802N
79 GF Score
Price MXN316.69
GF Value MXN206.37
! 6 Warning Signs
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What is Ajinomoto Co ROA %?

Ajinomoto Co MEX:2802N 79 ROA % is 9.61% as of Mar. 2026, which is 123% above its 10-year median of 4.30. 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 1,990 Consumer Packaged Goods companies, Ajinomoto Co ranks better than 74.07% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ajinomoto Co's annualized Net Income for the quarter that ended in Mar. 2026 was MXN20,422 Mil. Ajinomoto Co's average Total Assets over the quarter that ended in Mar. 2026 was MXN212,535 Mil. Therefore, Ajinomoto Co's annualized ROA % for the quarter that ended in Mar. 2026 was 9.61%.

The historical rank and industry rank for Ajinomoto Co's ROA % or its related term are showing as below:

MEX:2802N' s ROA % Range Over the Past 10 Years
Min: 1.37   Med: 4.3   Max: 7.62
Current: 7.55

During the past 13 years, Ajinomoto Co's highest ROA % was 7.62%. The lowest was 1.37%. And the median was 4.30%.

MEX:2802N's ROA % is ranked better than
74.07% of 1990 companies
in the Consumer Packaged Goods industry
Industry Median: 3.275 vs MEX:2802N: 7.55

Ajinomoto Co  (MEX:2802N) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=20421.56/212535.2115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(20421.56 / 190711.08)*(190711.08 / 212535.2115)
=Net Margin %*Asset Turnover
=10.71 %*0.8973
=9.61 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Ajinomoto Co ROA % Related Terms


Ajinomoto Co ROA % Historical Data

* Premium members only.

The historical data trend for Ajinomoto Co's ROA % 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 ROA % Chart

Ajinomoto Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 5.66 4.83 4.46 6.92

Ajinomoto Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 -2.74 7.24 4.25 8.17 9.61

MEX:2802N vs KHC, GIS: ROA % Comparison

For the Packaged Foods subindustry, Ajinomoto Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's ROA % distribution charts can be found below:

* The bar in red indicates where Ajinomoto Co's ROA % falls into.


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

Ajinomoto Co ROA % Calculation

Ajinomoto Co's annualized ROA % for the fiscal year that ended in Mar. 2026 is calculated as:

ROA %=Net Income (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=15304.465/( (236225.742+205954.976)/ 2 )
=15304.465/221090.359
=6.92 %

Ajinomoto Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=20421.56/( (219115.447+205954.976)/ 2 )
=20421.56/212535.2115
=9.61 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.61% mean?
Ajinomoto Co (MEX:2802N) has a ROA % of 9.61% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ajinomoto Co and its competitors. This is 123% above median its historical median of 4.30. Over the past decade, Ajinomoto Co's ROA % has ranged from 1.37 to 7.62. According to the industry distribution chart, Ajinomoto Co ranks #516 out of 1990 companies in the Consumer Packaged Goods industry, placing it in the top 25.9%.
Is Ajinomoto Co's ROA % too high?
Ajinomoto Co's current ROA % of 9.61% is 123% above median its 10-year median of 4.30. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 7.62. The Consumer Packaged Goods industry median ROA % is 3.28. Ajinomoto Co's value of 9.61% is 193.4% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #516 out of 1990 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 ROA % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #516 out of 1990 companies for ROA %. This puts Ajinomoto Co in the upper half of its industry. The industry median ROA % is 3.28. Ajinomoto Co's value of 9.61% is 193.4% above this benchmark. Historically, Ajinomoto Co's own ROA % has ranged from 1.37 to 7.62 over the past decade. While the company's 10-year median is 4.30 vs. the industry median of 3.28, 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 ROA % for a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.28, based on 1,990 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto Co's current ROA % of 9.61% is 193.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current ROA % is 9.61%, which is 123% above median its own 10-year median of 4.30. 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 ROA % of 9.61%. 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 ROA % is 9.61%, which is 123% above median its 10-year median of 4.30 and 193.4% above the Consumer Packaged Goods industry median of 3.28. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Ajinomoto Co (MEX:2802N), the current ROA % is 9.61% 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:

  • ROA %: 9.61% (123% above median its 10-year median of 4.30)
  • GF Value™: MXN206.37 vs. price of MXN316.69 (53.5% above fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 193.4% above the Consumer Packaged Goods median (#516 of 1990)

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

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

MXN316.69
Price
MXN206.37
GF Value