Kikkoman (KIKOY) AI Stock Analysis

• Market Cap: $8.43B
• Dividend Yield: 1.32%
• Average Volume (3M): 86.00
• Price to Earnings (P/E): 20.9
• Beta (1Y): 0.49
• Revenue Growth: 3.55%
• EPS Growth: -7.34%
• Country: US
• Employees: 7,521
• Sector: Consumer Defensive
• Sector Strength: 65
• Industry: Packaged Foods
• EPS (TTM): 0.23
• Shares Outstanding: 484,708,000
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 86
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 0.01
• Enterprise Value/Gross Profit: 0.04
• Enterprise Value/Ebitda: 0.09
• 1Y Price Target: $20.50
• Price Target Upside: 16.02% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: $19.00 ▲(7.53% Upside)

Kikkoman's overall stock score reflects strong financial performance, which is the most significant factor, supported by consistent revenue growth and robust profitability. However, technical analysis indicates weak momentum, and the valuation suggests moderate attractiveness, which tempers the overall score.

Kikkoman Business Overview & Revenue Model

Company Description

Kikkoman Corporation (KIKOY) is a Japanese food manufacturer known primarily for its soy sauce, which is a staple in kitchens worldwide. Established in 1917, Kikkoman operates in several sectors, including food manufacturing, wholesale, and retail, with a focus on seasoning, processed foods, and beverages. The company's core products include soy sauce, soy sauce-based seasonings, soy milk, and sake, catering to both consumer and industrial markets globally.

How the Company Makes Money

Kikkoman makes money through the production and sale of its diverse range of food products, with soy sauce being its flagship offering. The company operates a robust revenue model that includes retail sales to consumers through supermarkets and specialty food stores, as well as wholesale distribution to restaurants and food service providers. Additionally, Kikkoman engages in strategic partnerships with food manufacturers who utilize its products as ingredients, further expanding its market reach. Significant factors contributing to its earnings include its global brand recognition, extensive distribution networks, and a commitment to quality and innovation in product development.

Kikkoman Financial Statement Overview

Summary

Kikkoman exhibits strong financial performance with consistent revenue growth, robust profitability, and a stable balance sheet. Effective cost management and strategic growth initiatives have driven profitability. However, sustaining growth in a competitive market remains a challenge.

Income Statement

Kikkoman's income statement shows a strong financial performance. Gross profit margin has improved over recent years, with a notable increase in total revenue, indicating effective cost management and pricing strategy. Revenue growth rate has been consistent, reflecting the company's ability to expand its market presence. Net profit margin is robust, supported by stable EBIT and EBITDA margins. The company demonstrates a solid profitability trajectory, although potential risks include the challenge of maintaining growth in a competitive market.

Balance Sheet

The balance sheet analysis of Kikkoman reveals a solid financial position with a strong equity base. The debt-to-equity ratio is low, indicating prudent financial management and limited leverage risks. The company maintains a healthy equity ratio, showcasing financial stability. Return on equity is commendable, reflecting efficient use of shareholder capital. While the overall balance sheet is strong, continued investment in growth opportunities without over-leveraging could enhance future stability.

Cash Flow

Kikkoman's cash flow statement highlights a stable free cash flow generation, although recent free cash flow growth has shown some fluctuations due to varying capital expenditures. Operating cash flow to net income ratio is healthy, suggesting strong cash generation from operations. The free cash flow to net income ratio indicates the company's ability to convert earnings into cash. While cash flows are generally stable, close monitoring of capital expenditures will be crucial to sustain cash flow strength.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	708.98B	660.84B	618.90B	516.44B	439.41B
Gross Profit	239.23B	228.72B	195.64B	171.02B	146.69B
EBITDA	112.69B	93.72B	80.13B	69.92B	62.34B
Net Income	61.70B	56.44B	43.73B	38.90B	31.16B
Balance Sheet
Total Assets	679.41B	667.88B	566.38B	503.06B	438.51B
Cash, Cash Equivalents and Short-Term Investments	135.46B	150.78B	99.35B	79.23B	55.68B
Total Debt	59.01B	59.91B	50.98B	43.46B	41.66B
Total Liabilities	163.37B	169.62B	149.41B	139.15B	124.99B
Stockholders Equity	508.54B	491.36B	410.51B	357.82B	308.13B
Cash Flow
Free Cash Flow	33.31B	49.74B	32.65B	32.53B	40.10B
Operating Cash Flow	73.98B	80.81B	59.20B	52.09B	57.17B
Investing Cash Flow	-38.46B	-42.99B	-26.62B	-16.11B	-16.89B
Financing Cash Flow	-46.09B	-31.42B	-20.38B	-17.90B	-15.42B

Kikkoman Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 17.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KIKOY, the sentiment is Negative. The current price of 17.67 is below the 20-day moving average (MA) of 17.75, below the 50-day MA of 17.86, and below the 200-day MA of 20.10, indicating a bearish trend. The MACD of -0.04 indicates Negative momentum. The RSI at 47.05 is Neutral, neither overbought nor oversold. The STOCH value of 32.11 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KIKOY.

Kikkoman Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INGR	75 Outperform	$8.05B	12.22	17.00%	2.53%	-5.16%	4.95%
CAG	70 Outperform	$9.04B	7.88	13.27%	7.27%	-3.64%	231.77%
MKC	69 Neutral	$18.73B	24.22	14.19%	2.52%	0.89%	4.85%
KIKOY	66 Neutral	$8.43B	20.91	11.79%	1.32%	3.55%	-7.34%
CPB	65 Neutral	$9.73B	21.56	11.67%	4.68%	8.65%	-38.57%
SJM	56 Neutral	$11.63B	22.22	-17.87%	3.89%	6.69%	-261.87%
Sector *	53 Neutral	C$5.27B	3.92	-2.52%	3.52%	18.46%	5.48%