MOS FOOD SERVICES, INC. (8153) AI Stock Analysis

• Market Cap: ¥131.82B
• Dividend Yield: 0.7%
• Average Volume (3M): 164.76K
• Price to Earnings (P/E): 29.0
• Beta (1Y): 0.19
• Revenue Growth: 5.15%
• EPS Growth: 47.13%
• Country: JP
• Employees: 1,410
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Restaurants
• EPS (TTM): 52.88
• Shares Outstanding: 32,009,910
• 10 Day Avg. Volume: 79,230
• 30 Day Avg. Volume: 164,756
• PEG Ratio: 1.60
• Price to Book (P/B): 2.09
• Price to Sales (P/S): 1.17
• P/FCF Ratio: 22.23
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 115.4
• Revenue Forecast (FY): ¥100.00B

• Rating: 70 Outperform
• Price Target: ¥4,769.00 ▲(12.21% Upside)
• Action: Upgraded Date: 10/25/25
• Date: Action: Upgraded 10/25/25

MOS FOOD SERVICES, INC. has a strong financial position with consistent growth and profitability, which is the most significant factor in the overall score. Technical analysis indicates some short-term weakness, and the valuation suggests the stock may be overvalued. The absence of earnings call data and corporate events limits additional insights.

Positive Factors

Balance sheet strength

Very low leverage and a high equity ratio provide durable financial flexibility. This reduces refinancing and solvency risk, supports steady capital spending or franchise support, and gives the company capacity to absorb macro shocks while preserving strategic optionality over months to years.

Cash generation ability

Strong operating cash conversion relative to net income indicates reliable internal funding for operations and reinvestment. Positive OCF and healthy CF ratios support capex, working capital and potential shareholder returns, making capital allocation less dependent on external financing.

Durable margins and revenue growth

High gross margins and stable operating margins show structural cost control and pricing power in the core restaurant business. Combined with consistent top-line growth, this supports sustained profitability and the ability to invest in store operations and product offerings over a multi-quarter horizon.

Negative Factors

Modest ROE

A modest ROE suggests the company generates limited returns on its sizeable equity base. Over time this can mean slower shareholder value creation unless management improves capital efficiency, which may constrain the pace of sustained dividend increases or equity-funded expansion.

Declining free cash flow growth

A drop in free cash flow growth, even with positive absolute FCF, can limit funding for new stores, modernization or incremental shareholder distributions if it persists. Continued declines would erode the cushion provided by current cash generation and reduce strategic flexibility.

Thin net profit margin

A low net margin relative to very high gross margins indicates significant operating or fixed-cost pressure. This leaves limited buffer against input-cost inflation or labor cost increases, making long-term earnings sensitive to cost shocks and constraining reinvestment capacity.

MOS FOOD SERVICES, INC. Business Overview & Revenue Model

Company Description

Mos Food Services, Inc. operates MOS BURGER hamburger franchises and other food service businesses in Japan and internationally. The company operates MOS CAFÉ outlets, which offer drinks, sweets, and alcoholic beverages; and Mother Leaf specialty black tea stores, which provide fresh black tea, sweets, pasta-based or other meals, coffees, handmade sweets. It also operates Mother Leaf Tea Style, a cafe that offers novel black tea-inspired products; MOSDO! stores; and restaurants under the chef's V, GREEN GRILL, and AEN brands. The company was founded in 1972 and is headquartered in Tokyo, Japan.

How the Company Makes Money

MOS FOOD SERVICES generates revenue primarily through its restaurant operations, where it sells a variety of food and beverage items directly to consumers. Key revenue streams include dine-in, take-out, and delivery sales from its MOS Burger outlets. The company also earns income from franchising its brand to third-party operators, allowing them to use the MOS Burger name and business model in exchange for franchise fees and a percentage of sales. Additionally, revenue is bolstered by the sale of packaged food products to retailers and other businesses, as well as potential partnerships with suppliers and distributors that enhance their product offerings and market reach.

MOS FOOD SERVICES, INC. Financial Statement Overview

Summary

MOS FOOD SERVICES, INC. demonstrates strong financial performance with consistent revenue growth, solid profitability margins, and a robust balance sheet with low leverage. Despite a recent decline in free cash flow, overall cash flow management remains effective.

Income Statement

MOS FOOD SERVICES, INC. has shown impressive revenue growth with a 3.35% increase in the latest year and consistent growth over the past few years. Gross profit margins remain strong at 47.25% for 2025, indicating efficient cost management. The net profit margin improved to 3.28% in 2025, a significant recovery from previous lows. The EBIT margin is healthy at 5.43%, and the EBITDA margin is robust at 9.53%. Overall, the company demonstrates solid profitability and growth.

Balance Sheet

The balance sheet shows a strong equity position with a debt-to-equity ratio of 0.10, indicating low leverage and financial stability. The return on equity (ROE) is modest at 5.83%, reflecting a steady return to shareholders. The equity ratio is high at 67.07%, showcasing a strong equity base relative to total assets. The balance sheet is solid with minimal risks associated with debt levels.

Cash Flow

Free cash flow has decreased recently, showing a negative growth rate, but operating cash flow remains positive and sufficient at 7.35 billion JPY. The operating cash flow to net income ratio is strong at 2.33, indicating good cash generation relative to net income. The free cash flow to net income ratio is 1.61, demonstrating efficient cash conversion. Although recent free cash flow growth is negative, overall cash flow management is effective.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	97.46B	96.19B	93.06B	85.06B	78.45B	71.97B
Gross Profit	46.14B	45.45B	43.91B	38.58B	37.67B	34.17B
EBITDA	9.57B	9.17B	9.09B	4.44B	8.77B	5.45B
Net Income	3.55B	3.15B	2.57B	-317.00M	3.42B	997.00M
Balance Sheet
Total Assets	79.21B	80.58B	79.71B	74.48B	69.60B	64.83B
Cash, Cash Equivalents and Short-Term Investments	24.84B	26.02B	23.57B	19.58B	20.69B	14.26B
Total Debt	6.38B	5.43B	7.18B	7.61B	5.73B	5.27B
Total Liabilities	24.22B	26.25B	27.63B	26.39B	21.03B	19.49B
Stockholders Equity	54.73B	54.05B	51.83B	47.85B	48.32B	45.13B
Cash Flow
Free Cash Flow	0.00	5.08B	5.74B	-2.96B	7.54B	2.45B
Operating Cash Flow	0.00	7.35B	10.16B	1.42B	10.45B	4.40B
Investing Cash Flow	0.00	-1.64B	-2.13B	-2.97B	-798.00M	45.00M
Financing Cash Flow	0.00	-3.73B	-3.94B	611.00M	-3.83B	-2.72B

MOS FOOD SERVICES, INC. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4250.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8153, the sentiment is Neutral. The current price of 4250 is below the 20-day moving average (MA) of 4304.25, below the 50-day MA of 4272.90, and above the 200-day MA of 3992.44, indicating a neutral trend. The MACD of 6.08 indicates Positive momentum. The RSI at 48.25 is Neutral, neither overbought nor oversold. The STOCH value of 39.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:8153.

MOS FOOD SERVICES, INC. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8153	70 Outperform	¥131.82B	29.00	―	0.70%	5.15%	47.13%
3087	70 Outperform	¥132.47B	18.69	―	2.09%	5.78%	10.26%
8179	66 Neutral	¥149.53B	26.66	9.66%	1.17%	8.16%	-6.01%
7630	66 Neutral	¥144.77B	51.22	―	1.71%	9.51%	6.29%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
9887	57 Neutral	¥114.91B	34.59	―	0.37%	20.44%	13.71%
8163	55 Neutral	¥52.52B	50.33	―	0.62%	17.12%	-58.47%

MOS FOOD SERVICES, INC. Corporate Events

MOS Food Services Posts Strong Nine-Month Profit Surge and Lifts Full-Year Outlook

MOS FOOD SERVICES, INC., operator of the Mos Burger chain, reported solid growth for the nine months ended December 31, 2025, with net sales rising 7.4% year on year to ¥78.16 billion. Profit attributable to owners of parent jumped 45.6% to ¥4.47 billion, while basic earnings per share climbed to ¥144.74, underscoring improved profitability and efficient operations.

Operating profit increased 47.3% to ¥6.15 billion and ordinary profit rose 46.7% to ¥6.61 billion, supported by stronger sales and better cost control. Total assets expanded to ¥87.67 billion and net assets to ¥59.31 billion, and the company maintained its annual dividend plan of ¥30 per share, while revising its full-year forecast upward to higher profits, signaling confidence in sustained earnings growth.

The most recent analyst rating on (JP:8153) stock is a Hold with a Yen4589.00 price target. To see the full list of analyst forecasts on MOS FOOD SERVICES, INC. stock, see the JP:8153 Stock Forecast page.

MOS FOOD SERVICES Lifts Full-Year Forecast on Strong Sales Mix and Off-Peak Demand

MOS FOOD SERVICES, INC. revised its full-year consolidated forecast for the fiscal year ending March 31, 2026, lifting projected net sales from ¥97.0 billion to ¥102.0 billion and raising operating profit by 18.1% and ordinary profit by 24.8%. Profit attributable to owners of parent is now expected to climb 44.8% to ¥4.2 billion, with basic earnings per share forecast to rise to ¥136.12, exceeding both the previous forecast and the prior year’s results.

The company said fourth-quarter profits will be temporarily pressured by higher selling, general, and administrative expenses tied to system upgrades, strategic growth investments, and losses on stores and equipment. However, its pricing strategy of offering high-priced, high-value-added products alongside standard items, coupled with efforts to boost sales outside the lunch peak, has outperformed expectations and underpins the upward revision in full-year sales and earnings guidance.

The most recent analyst rating on (JP:8153) stock is a Hold with a Yen4589.00 price target. To see the full list of analyst forecasts on MOS FOOD SERVICES, INC. stock, see the JP:8153 Stock Forecast page.

MOS FOOD to Absorb Finance Subsidiary MOS CREDIT in Streamlining Move

MOS FOOD SERVICES, INC. has approved an absorption-type merger of its wholly owned subsidiary MOS CREDIT, INC., effective April 1, 2026, as part of a drive to improve group-wide operational efficiency. MOS FOOD will be the surviving entity and MOS CREDIT, which provides money lending, insurance agency, and rental services to franchisees, will be dissolved, with no new shares issued or consideration paid due to the wholly owned status of the subsidiary and the use of a simplified, short-form merger procedure that does not require shareholder approval.

The most recent analyst rating on (JP:8153) stock is a Hold with a Yen4137.00 price target. To see the full list of analyst forecasts on MOS FOOD SERVICES, INC. stock, see the JP:8153 Stock Forecast page.