Ajinomoto Co. AJNMY

 — 
32.28 0.76 2.41% as of 25 Sep
Market cap
—
P/E
39.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership —

Capital & Financial Ratios

Market Cap —
Revenue 9,925.67
Net Income 1,781.27
Free Cash Flow 752.50
Net Debt 1,176.09
Current Ratio 1.45
Debt/Equity 0.50
P/E ratio 39.83
P/S ratio 3.11
P/B ratio 5.77
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2024 2025 2026 Q'26
Cash 1,340 1,206 1,012 1,482
Receivables 1,436 1,232 1,332 1,344
Inventory 1,981 1,894 2,103 2,203
Other 140 296 200 217
4,896 4,629 4,648 5,247
2024 2025 2026 Q'26
Payables 1,601 1,588 2,006 1,851
ST’ Debt 933 258 267 259
Other 195 249 227 214
3,460 2,538 2,964 3,625
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 0.60% 0.75% 1.29%
Cash Flow 4.28% 0.29% 21.97%
Earnings 5.35% 9.74% 8.49%
Book Value (0.36%) (2.36%) (2.92%)

Revenue

Mar Jun Sep Dec Year
’26 — 2,596 — — —
’26 — 2,512 — — 10,453
’25 — 2,339 — — 10,102
’24 — 2,479 — — 9,931
’23 — 2,476 — — 10,057
’22 — 2,515 — — 10,229
’21 — 2,306 — — 10,072
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — 116 — — —
’26 — 210 424 1,068 1,580
’25 — 244 — — 1,385
’24 — — — — 1,160
’23 — — — — 871
’22 — — — — 1,296
’21 — — — — 1,557
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — (92) — — —
’26 — 1 270 574 1,194
’25 — 105 — — 770
’24 — — — — 757
’23 — — — — 628
’22 — — — — 735
’21 — — — — 910
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — 0.24 — — —
’26 — 0.23 — — 0.92
’25 — 0.15 — — 0.46
’24 — 0.19 — — 0.58
’23 — 0.20 — — 0.65
’22 — 0.19 — — 0.62
’21 — 0.19 — — 0.51
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029
8.73 7.74 7.26 7.36 9.75 10.97 14.49 17.14 16.50 20.97

Analyst estimates 2027–2029

Powerpack
Low Price
11.53 9.91 9.54 11.68 16.57 17.14 21.36 22.42 30.49 39.50
High Price
32,734 34,452 34,504 32,509 32,509 33,461 34,615 34,862 34,860 34,787
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
10,150 10,352 10,147 10,120 10,072 10,229 10,057 9,931 10,102 10,453
Revenue
35.47% 34.55% 35.09% 36.71% 37.91% 37.05% 34.61% 35.54% 35.98% 37.71%
Gross Margin
792 769 488 449 924 1,090 1,036 980 715 1,294
EBT
7.80% 7.43% 4.81% 4.44% 9.18% 10.66% 10.30% 9.87% 7.08% 12.38%
EBT Margin
792 769 488 449 924 1,090 1,036 980 715 1,294
Net Income
498 466 472 570 593 589 531 540 571 587
Depreciation
8.88 9.10 9.16 9.23 9.18 9.42 9.41 9.54 10.03 10.74
Revenue/Sh
0.43 0.48 0.25 0.16 0.51 0.62 0.65 0.58 0.46 0.92
Earnings/Sh
0.88 1.00 1.00 0.96 1.42 1.19 0.81 1.11 1.38 1.62
Cash Flow/Sh
(0.65) (0.59) (0.61) (0.68) (0.59) (0.52) (0.23) (0.39) (0.61) (0.40)
Capex/Sh
0.23 0.41 0.39 0.29 0.83 0.68 0.59 0.73 0.76 1.23
Free CF/Sh
5.67 5.70 5.57 4.97 5.72 6.06 5.70 5.86 5.33 5.72
Book Value/Sh
1,144 1,137 1,108 1,096 1,097 1,086 1,069 1,041 1,007 973
Shares
29.82 23.24 35.47 19.79 18.46 22.97 24.80 24.29 27.31 36.66
PE Ratio
1.13 1.02 0.92 1.08 1.18 1.60 1.94 2.00 2.06 2.84
PS Ratio
1.93 1.59 1.38 1.70 2.00 2.54 3.05 3.15 3.54 5.24
PB Ratio
1.22 1.16 1.08 1.23 1.35 1.72 2.06 2.08 2.18 2.99
EV/Sales
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 30.86
EV/FCF
1,005 1,140 1,109 1,057 1,557 1,296 871 1,160 1,385 1,580
Op' Cash Flow
(742) (668) (680) (743) (647) (560) (243) (402) (616) (386)
Capex
262 471 429 314 910 735 628 757 770 1,194
FCF
3,117 2,915 2,695 1,871 2,339 2,285 2,042 1,436 2,090 1,684
Working Cap'
3,084 3,026 2,976 2,916 3,012 2,794 2,135 2,688 3,005 2,781
Total Debt
1,362 1,240 1,444 1,530 1,191 1,287 1,062 1,348 1,799 1,769
Net Debt
6,489 6,485 6,174 5,447 6,278 6,584 6,090 6,100 5,368 5,572
Sh' Equity
4.27% 4.33% 2.11% 1.39% 4.31% 5.10% 5.76% 5.13% 3.93% 7.62%
ROA
6.32% 6.80% 7.33% 4.02% 7.95% 8.80% 9.63% 8.49% 6.56% 11.21%
ROIC
7.97% 8.43% 4.22% 2.98% 9.53% 10.48% 10.98% 9.86% 8.09% 16.25%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Ajinomoto Co. (AJNMY) Latest News

News by impact score

Fine-tune

16 Sep

3

China condiment firm Haitan acquires Amoy Food. Amoy Food acquisition by Haitan shifts competitive positioning for Ajinomoto in Asian condiments.

18 Aug

4

Ajinomoto Co. shifts from traditional operations in MSG, textiles, and sanitation products to supplying advanced materials for AI semiconductor chips. Entry into AI semiconductor materials creates major new revenue potential and strategic repositioning.

7 Aug

4 transcript

Ajinomoto Co Inc posted record sales and surging profits in Q1 2027. Record sales and profit surge signal major positive financial results that can shift company trajectory and investor sentiment.

16 Jul

4

NVIDIA CEO engages Japanese suppliers including Ajinomoto to support $5.1 trillion AI infrastructure expansion. NVIDIA engagement opens major supply opportunities for Ajinomoto in AI hardware materials.

13 May

3

Ajinomoto Foods North America appoints Dave Gardner as President and CEO to lead the next phase of growth and innovation. New CEO appointment for North American subsidiary targets growth and innovation, moderately influencing financial performance and competitive positioning.

31 Mar

4

Palliser Capital has acquired a stake in Ajinomoto Co. (AJNMY) and is urging a 30% or greater increase in ABF prices to boost profitability. Activist investor's stake and push for 30%+ ABF price hike could drive significant revenue growth and enhance Ajinomoto's market performance.

4

Palliser Capital publishes value enhancement plan for Ajinomoto Co., urging strategic changes to boost shareholder value including business separations, capital allocation improvements, and governance reforms. Activist investor's detailed value enhancement plan pressures Ajinomoto toward major strategic shifts that could significantly lift stock performance and long-term prospects.

stockrow.com/AJNMY · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com