Why is Ajinomoto Co., Inc. ?
1
High Management Efficiency with a high ROCE of 14.17%
2
With a growth in Operating Profit of 1104.16%, the company declared Outstanding results in Mar 26
- The company has declared positive results for the last 2 consecutive quarters
- OPERATING CASH FLOW(Y) Highest at JPY 239,351 MM
- ROCE(HY) Highest at 17.75%
- RAW MATERIAL COST(Y) Fallen by -6.83% (YoY)
3
Majority shareholders : FIIs
How much should you buy?
- Overall Portfolio exposure to Ajinomoto Co., Inc. should be less than 10%
- Overall Portfolio exposure to FMCG should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in FMCG)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Ajinomoto Co., Inc. for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Ajinomoto Co., Inc.
52.18%
2.39
40.39%
Japan Nikkei 225
88.41%
3.25
27.24%
Quality key factors
Factor
Value
Sales Growth (5y)
7.74%
EBIT Growth (5y)
7.11%
EBIT to Interest (avg)
12.18
Debt to EBITDA (avg)
0.98
Net Debt to Equity (avg)
0.38
Sales to Capital Employed (avg)
1.18
Tax Ratio
27.01%
Dividend Payout Ratio
57.33%
Pledged Shares
0
Institutional Holding
0.08%
ROCE (avg)
14.17%
ROE (avg)
11.75%
Valuation Key Factors 
Factor
Value
P/E Ratio
51
Industry P/E
Price to Book Value
6.02
EV to EBIT
29.48
EV to EBITDA
19.06
EV to Capital Employed
4.77
EV to Sales
3.06
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
16.20%
ROE (Latest)
11.77%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Movement
26What is working for the Company
OPERATING CASH FLOW(Y)
Highest at JPY 239,351 MM
ROCE(HY)
Highest at 17.75%
RAW MATERIAL COST(Y)
Fallen by -6.83% (YoY
DIVIDEND PER SHARE(HY)
Highest at JPY 8.15
PRE-TAX PROFIT(Q)
Highest at JPY 57,658 MM
NET PROFIT(Q)
Highest at JPY 44,926 MM
EPS(Q)
Highest at JPY 46.53
-2What is not working for the Company
INTEREST(Q)
At JPY 3,418 MM has Grown at 20.69%
Here's what is working for Ajinomoto Co., Inc.
Pre-Tax Profit
At JPY 57,658 MM has Grown at 393.8%
Year on Year (YoY)MOJO Watch
Near term Pre-Tax Profit trend is very positive
Pre-Tax Profit (JPY MM)
Net Profit
At JPY 44,926 MM has Grown at 469.15%
Year on Year (YoY)MOJO Watch
Near term Net Profit trend is very positive
Net Profit (JPY MM)
Operating Cash Flow
Highest at JPY 239,351 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (JPY MM)
Pre-Tax Profit
Highest at JPY 57,658 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (JPY MM)
Net Profit
Highest at JPY 44,926 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is positive
Net Profit (JPY MM)
EPS
Highest at JPY 46.53
in the last five periodsMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (JPY)
Dividend per share
Highest at JPY 8.15
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Raw Material Cost
Fallen by -6.83% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales
Depreciation
Highest at JPY 23,637 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Here's what is not working for Ajinomoto Co., Inc.
Interest
At JPY 3,418 MM has Grown at 20.69%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)






