Kewpie Corporation (2809) AI Stock Analysis

• Market Cap: €559.91B
• Dividend Yield: 1.42%
• Average Volume (3M): 615.51K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 0.38
• Revenue Growth: 5.82%
• EPS Growth: 32.64%
• Country: JP
• Employees: 10,517
• Sector: Consumer Defensive
• Sector Strength: 55
• Industry: Packaged Foods
• EPS (TTM): 43.35
• Shares Outstanding: 141,500,000
• 10 Day Avg. Volume: 438,060
• 30 Day Avg. Volume: 615,513
• PEG Ratio: 0.60
• Price to Book (P/B): 1.71
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 60.52
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €4,041.19
• Price Target Upside: -1.12% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 71 Outperform
• Price Target: ¥4,323.00 ▲(5.77%Upside)

Kewpie Corporation's strong financial performance, characterized by significant revenue growth, efficient operations, and excellent cash flow management, is the primary driver of its overall stock score. While technical indicators suggest potential overbought conditions, the valuation remains reasonable, contributing to a balanced investment outlook.

Kewpie Corporation Business Overview & Revenue Model

Company Description

Kewpie Corporation, through its subsidiaries, engages in the manufacturing, wholesaling, transporting, and warehousing of food products in Japan and internationally. It offers condiments, including mayonnaise and dressings, and vinegar; egg products, such as liquid eggs, frozen eggs, dried eggs, egg spreads, and thick omelets; and delicatessen products comprising salads and delicatessen foods, and packaged salads. The company also provides processed foods consisting of bottled and/or canned foods, such as jams, fruit, pasta sauces, baby foods, and nursing care foods; and fine chemical products, including hyaluronic acid and others. In addition, it produces and sells fresh vegetables, dried meat, and machinery and equipment; provides consigned clerical work; engages in transportation and warehousing of food products, and sells equipment for cars, as well as is involved in the mail-order business. Further, the company offers advertising, publicity, and exhibitions services, as well as financial and business management services. The company was founded in 1919 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Kewpie Corporation generates revenue primarily through the manufacturing and sale of its food products. The company's key revenue streams include the sale of mayonnaise and dressings, which are particularly popular in Japan and have been a staple of its product lineup. Additionally, Kewpie earns income from its other food categories, such as egg products and baby food. The company benefits from strategic partnerships with distributors and retailers that help expand its product reach both domestically and internationally. Kewpie's focus on innovation and quality has helped it maintain a competitive edge in the food industry, contributing significantly to its earnings.

Kewpie Corporation Financial Statement Overview

Summary

Kewpie Corporation demonstrates strong financial health with significant revenue growth and efficient operational management. The company maintains a solid balance sheet with low leverage and strong equity financing. Impressive cash flow management enhances the company's financial flexibility and ability to fund future growth.

Income Statement

Kewpie Corporation shows strong financial performance with a significant revenue growth rate of 6.36% in the TTM. Gross profit margin at 30.52% and net profit margin at 4.43% indicate a stable profitability level within the industry. EBIT and EBITDA margins are also healthy at 7.09% and 10.67%, respectively, reflecting efficient operations and cost management.

Balance Sheet

The balance sheet reflects robust financial stability with a low debt-to-equity ratio of 0.07, highlighting conservative leverage. Return on equity stands at 7.08%, showing moderate profitability relative to equity. The equity ratio of 65.36% indicates a strong capital structure with substantial equity financing.

Cash Flow

Cash flow analysis reveals impressive free cash flow growth of 524.83%, driven by significant operating cash flow improvements. The operating cash flow to net income ratio is 2.95, indicating strong cash generation relative to reported earnings. The free cash flow to net income ratio of 1.83 further underscores excellent cash flow management.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	483.99B	455.09B	430.30B	407.04B	531.10B
Gross Profit	147.77B	122.33B	124.19B	124.23B	125.31B
EBITDA	51.65B	39.59B	41.68B	43.51B	48.59B
Net Income	21.42B	13.17B	16.03B	18.01B	11.59B
Balance Sheet
Total Assets	462.37B	426.01B	403.38B	381.00B	451.72B
Cash, Cash Equivalents and Short-Term Investments	88.14B	68.61B	67.83B	68.34B	66.83B
Total Debt	21.56B	31.79B	32.47B	41.73B	80.10B
Total Liabilities	130.74B	114.70B	108.76B	111.70B	166.35B
Stockholders Equity	302.29B	281.88B	267.66B	245.64B	239.53B
Cash Flow
Free Cash Flow	39.20B	6.28B	10.39B	26.95B	9.50B
Operating Cash Flow	63.13B	23.73B	27.20B	38.53B	34.95B
Investing Cash Flow	-23.89B	-17.72B	-15.95B	-20.28B	-26.04B
Financing Cash Flow	-21.13B	-9.51B	-16.81B	-18.70B	5.00M

Kewpie Corporation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4087.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2809, the sentiment is Positive. The current price of 4087 is above the 20-day moving average (MA) of 3760.05, above the 50-day MA of 3479.57, and above the 200-day MA of 3264.15, indicating a bullish trend. The MACD of 155.95 indicates Negative momentum. The RSI at 78.51 is Negative, neither overbought nor oversold. The STOCH value of 85.23 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2809.

Kewpie Corporation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2809	71 Outperform	€559.91B	20.21	9.37%	1.42%	5.82%	32.64%
Sector *	65 Neutral	€7.02B	13.35	-5.47%	2.74%	-1.20%	11.35%
CBCFF	―	$2.44B	17.29	10.34%	0.08%	―	―
NI6	―	€2.80B	17.67	4.96%	2.89%	―	―
NI3	―	€2.65B	17.48	9.55%	3.62%	―	―
5EJ	―	€1.74B	49.40	2.04%	1.98%	―	―
2002	69 Neutral	¥491.22B	14.66		3.16%	-0.79%	9.61%

Kewpie Corporation Corporate Events

Kewpie Corporation to Fully Acquire AOHATA Corporation

Kewpie Corporation has announced a share exchange agreement to make AOHATA Corporation a wholly owned subsidiary, aiming to streamline operations and enhance governance. This strategic move is expected to improve resource allocation and decision-making, addressing challenges such as rising costs and governance burdens, while fostering growth and development for both companies.

The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3400.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.

Kewpie Corporation Announces Share Acquisition to Facilitate Subsidiary Integration

Kewpie Corporation’s Board of Directors has resolved to acquire its own shares to facilitate a share exchange agreement, making AOHATA Corporation a wholly owned subsidiary. This acquisition aims to mitigate share dilution and improve capital efficiency, reflecting Kewpie’s commitment to enhancing corporate value and shareholder returns.

The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3400.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.

Kewpie Corporation Reports Mixed Financial Results for First Half of Fiscal Year 2025

Kewpie Corporation reported a 6.3% increase in net sales for the first six months of the fiscal year ending November 30, 2025, compared to the same period last year. Despite this growth, the company experienced a decline in operating and ordinary income by 14.4% and 14.1%, respectively. However, profit attributable to owners of the parent rose significantly by 50.3%. The company has announced an annual dividend per share forecast of ¥64.00, including a commemorative dividend for the 100th anniversary of Kewpie Mayonnaise. These financial results and strategic dividend decisions are likely to impact Kewpie’s market positioning and stakeholder confidence.

The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3400.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.