Valuation Kikkoman Corporation

Equities

Market Closed - Japan Exchange Other stock markets 02:30:00 2025-06-13 am EDT			5-day change	1st Jan Change
1,279.00 ^JPY	-2.10%		+0.24%	-27.43%

Jun. 12	Trump throws curveball at Japan tea giant's US expansion swing	RE
Apr. 28	Kikkoman to Buy Back Up to 20 Billion Yen of Shares	MT

Data adjusted to current consolidation scope

Fiscal Period: March	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	884,044	1,265,098	1,557,844	1,290,563	1,873,442	1,205,937	-	-
Change	-	43.1%	23.14%	-17.16%	45.16%	-35.63%	-	-
Enterprise Value (EV) ¹	872,869	1,251,082	1,519,533	1,242,199	1,814,193	1,270,254	1,136,948	1,139,433
Change	-	43.33%	21.46%	-18.25%	46.05%	-29.98%	1.64%	0.22%
P/E ratio	33.2x	40.6x	40.1x	29.5x	33.3x	22.2x	20.4x	19.6x
PBR	3.24x	4.11x	4.35x	3.14x	3.81x	2.67x	2.3x	2.19x
PEG	-	2.4x	1.6x	2.4x	1.1x	2.27x	-4.84x	4.91x
Capitalization / Revenue	1.89x	2.88x	3.02x	2.09x	2.83x	1.92x	1.67x	1.6x
EV / Revenue	1.86x	2.85x	2.94x	2.01x	2.75x	1.79x	1.57x	1.51x
EV / EBITDA	16.4x	20.7x	21.5x	16x	20x	12x	10.8x	10.3x
EV / EBIT	21.9x	30x	30x	22.4x	27.2x	17.2x	15.3x	14.7x
EV / FCF	71.6x	34.5x	42.2x	38.1x	48.6x	46.8x	45.6x	28.8x
FCF Yield	1.4%	2.9%	2.37%	2.62%	2.06%	2.14%	2.19%	3.48%
Dividend per Share ²	8.4	9	12.2	15.6	20.8	25	25.22	25.94
Rate of return	0.91%	0.68%	0.75%	1.16%	1.06%	1.73%	1.97%	2.03%
EPS ²	27.71	32.46	40.59	45.67	59.19	64.99	62.72	65.22
Distribution rate	30.3%	27.7%	30.1%	34.2%	35.1%	38.5%	40.2%	39.8%
Net sales ¹	468,616	439,411	516,440	618,899	660,835	708,979	723,616	753,498
EBITDA ¹	53,084	60,308	70,712	77,610	90,753	105,615	105,014	111,151
EBIT ¹	39,826	41,672	50,682	55,370	66,733	73,698	74,213	77,543
Net income ¹	26,595	31,159	38,903	43,733	56,441	61,695	59,102	60,866
Net Debt ¹	-11,175	-14,016	-38,311	-48,364	-59,249	-87,942	-68,989	-66,503
Reference price ²	921.00	1,318.00	1,626.00	1,348.00	1,969.00	1,279.00	1,279.00	1,279.00
Nbr of stocks (in thousands)	959,875	959,862	958,084	957,391	951,469	942,875	-	-
Announcement Date	5/12/20	4/27/21	4/27/22	4/27/23	4/26/24	4/28/25	-	-

¹JPY in Million²JPY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
KIKKOMAN CORPORATION	19.95x	1.62x	11.12x	1.69%	8.57B
FOSHAN HAITIAN FLAVOURING AND FOOD COMPANY LTD.	32.18x	6.89x	23.18x	2.18%	31.92B
INTERNATIONAL FLAVORS & FRAGRANCES INC.	-80.77x	2.41x	12.44x	2.04%	20.05B
LANCASTER COLONY CORPORATION	27.32x	2.45x	16.1x	2.22%	4.66B
ANGEL YEAST CO., LTD	20.42x	2.12x	12.88x	1.54%	4.41B
MEIHUA HOLDINGS GROUP CO.,LTD	9.5x	-	-	6.09%	4.21B
TATE & LYLE PLC	13.46x	1.52x	7.06x	3.7%	3.25B
KEWPIE CORPORATION	15.52x	0.76x	7.31x	1.93%	3.21B
FUFENG GROUP LIMITED	6.36x	-	-	5.97%	2.22B
JONJEE HI-TECH INDUSTRIAL AND COMMERCIAL HOLDING CO.,LTD	17.73x	2.53x	13.19x	2.03%	2.13B
Average	8.17x	2.54x	12.91x	2.94%	8.46B
Weighted average by Cap.	-0.22x	4.03x	16.51x	2.41%