Ajinomoto CoMEX:2802N 79 ROE % is 23.55% as of Mar. 2026, which is 138% above its 10-year median of 9.91. 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 1,915 Consumer Packaged Goods companies, Ajinomoto Co ranks better than 83.24% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity 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 Stockholders Equity over the quarter that ended in Mar. 2026 was MXN86,732 Mil. Therefore, Ajinomoto Co's annualized ROE % for the quarter that ended in Mar. 2026 was 23.55%.
The historical rank and industry rank for Ajinomoto Co's ROE % or its related term are showing as below:
MEX:2802N'
s ROE % Range Over the Past 10 Years
Min: 3.28 Med: 9.91 Max: 18.31
Current: 18.31
During the past 13 years, Ajinomoto Co's highest ROE % was 18.31%. The lowest was 3.28%. And the median was 9.91%.
MEX:2802N's ROE % is ranked better than 83.24% of 1915
companies
in the Consumer Packaged Goods industry
Industry Median: 6.75
vs MEX:2802N: 18.31
Ajinomoto Co (MEX:2802N) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Ajinomoto Co ROE % Related Terms
Ajinomoto Co ROE % Historical Data
* Premium members only.
The historical data trend for Ajinomoto Co's ROE % 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.
For the Packaged Foods subindustry, Ajinomoto Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Ajinomoto Co's ROE % distribution charts can be found below:
* The bar in red indicates where Ajinomoto Co's ROE % falls into.
* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Ajinomoto Co (MEX:2802N) has a ROE % of 23.55% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ajinomoto Co and its competitors. This is 138% above median its historical median of 9.91. Over the past decade, Ajinomoto Co's ROE % has ranged from 3.28 to 18.31. According to the industry distribution chart, Ajinomoto Co ranks #321 out of 1915 companies in the Consumer Packaged Goods industry, placing it in the top 16.8%.
Is Ajinomoto Co's ROE % too high?
Ajinomoto Co's current ROE % of 23.55% is 138% above median its 10-year median of 9.91. Over the past 10 years, this metric has ranged from a low of 3.28 to a high of 18.31. The Consumer Packaged Goods industry median ROE % is 6.75. Ajinomoto Co's value of 23.55% is 248.9% above this industry median. Based on the distribution chart, Ajinomoto Co ranks #321 out of 1915 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position 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 ROE % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Ajinomoto Co ranks #321 out of 1915 companies for ROE %. This places Ajinomoto Co in the top 17% of its industry — outperforming the majority of peers. The industry median ROE % is 6.75. Ajinomoto Co's value of 23.55% is 248.9% above this benchmark. Historically, Ajinomoto Co's own ROE % has ranged from 3.28 to 18.31 over the past decade. While the company's 10-year median is 9.91 vs. the industry median of 6.75, 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 ROE % for a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.75, based on 1,915 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ajinomoto Co's current ROE % of 23.55% is 248.9% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ajinomoto Co and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajinomoto Co's current ROE % is 23.55%, which is 138% above median its own 10-year median of 9.91. 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 ROE % of 23.55%. 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 ROE % is 23.55%, which is 138% above median its 10-year median of 9.91 and 248.9% above the Consumer Packaged Goods industry median of 6.75. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Ajinomoto Co (MEX:2802N), the current ROE % is 23.55% 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:
ROE %: 23.55% (138% above median its 10-year median of 9.91)
GF Value™: MXN206.37 vs. price of MXN316.69 (53.5% above fair value)
Industry Position: 248.9% above the Consumer Packaged Goods median (#321 of 1915)
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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