Company DescriptionSuntory Beverage & Food Limited, a soft drink company, manufactures and sells beverages and foods in Japan, Europe, rest of Asia, Oceania, and the Americas. It offers mineral water, coffee drinks, tea drinks, carbonated drinks, sports drinks, and food for specified health uses. The company sells its products under the Suntory Tennensui, Boss, Suntory Green Tea Iyemon, Suntory Iyemon Tokucha, Pepsi Japan cola, C.C. Lemon, Natchan!, Orangina, Oasis, Lucozade, Ribena, Schweppes, MayTea, TEA+, MYTEA Oolong Tea, Sting, Okky, goodmood, V, Toby's Estate, BRAND'S Essence of Chicken, and Nature's Twist brands. The company was founded in 2009 and is headquartered in Tokyo, Japan. Suntory Beverage & Food Limited is a subsidiary of Suntory Holdings Limited.

How the Company Makes Money

Suntory Beverage & Food Financial Statement Overview

Summary

Suntory Beverage & Food demonstrates solid financial health with strong revenue growth and improving profitability. The balance sheet is stable with low leverage, and cash flow metrics reflect robust cash generation and efficient management. The company appears well-positioned for future growth with a strong financial foundation and effective operational performance.

Income Statement

Very Positive

Suntory Beverage & Food shows strong revenue growth with a 6.6% increase from 2023 to 2024. The gross profit margin improved to 38.1% in 2024, and the net profit margin rose to 5.5%, signaling enhanced profitability. The EBITDA margin increased to 14.0%, indicating efficient operating performance. Overall, the company demonstrates solid revenue growth and improving profitability metrics.

Balance Sheet

Positive

The company's balance sheet is strong, with a low debt-to-equity ratio of 0.02, indicating low leverage and financial stability. The equity ratio is 58.8%, reflecting a solid equity foundation. Return on Equity stands at 7.7%, showing a reasonable return but with room for improvement. The balance sheet portrays a stable financial position with low risk due to minimal debt.

Cash Flow

Positive

Free cash flow increased by 8.1% from 2023 to 2024, showcasing robust cash generation. The operating cash flow to net income ratio is 2.1, indicating strong cash flow relative to profitability. The free cash flow to net income ratio is 0.91, suggesting efficient cash conversion. The cash flow statement reveals a healthy cash position and effective cash management.

TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Breakdown
Income Statement		Total Revenue
1.69T	1.70T	1.59T	1.45T	1.27T	1.18T
	Gross Profit
646.37B	608.11B	590.00B	552.52B	523.18B	483.86B
	EBIT
155.46B	160.25B	141.73B	139.69B	118.57B	96.18B
	EBITDA
234.13B	237.07B	217.82B	211.70B	188.35B	167.06B
	Net Income Common Stockholders
88.66B	93.50B	82.74B	82.32B	68.68B	52.21B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
126.31B	165.05B	173.42B	203.75B	177.91B	168.20B
	Total Assets
1.97T	2.06T	1.91T	1.78T	1.68T	1.57T
	Total Debt
26.30B	27.22B	119.92B	122.75B	165.35B	203.69B
	Net Debt
-100.01B	-133.28B	-51.83B	-77.88B	-11.31B	36.21B
	Total Liabilities
692.33B	742.75B	727.39B	723.25B	732.98B	714.70B
	Stockholders Equity
1.18T	1.21T	1.09T	965.22B	860.59B	781.75B
Cash Flow		Free Cash Flow
90.63B	85.42B	79.06B	90.28B	102.06B	71.53B
	Operating Cash Flow
194.70B	193.73B	158.29B	150.51B	158.18B	134.02B
	Investing Cash Flow
-100.36B	-101.30B	-77.80B	-42.40B	-56.87B	-61.22B
	Financing Cash Flow
-125.07B	-112.04B	-115.40B	-92.21B	-96.11B	-46.75B

Suntory Beverage & Food Peers Comparison

Overall Rating

UnderperformOutperform

Sector (65)

Financial Indicators

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
STBFF		$9.93B	17.02	7.61%	2.26%	―	―
Sector *	65 Neutral	$8.89B	15.01	4.75%	203.76%	3.54%	-2.49%
ASBRF		$19.94B	16.33	7.40%	2.37%	―	―
CCOJF		$2.95B	121.04	0.85%	2.07%	―	―
KNBWF		$11.63B	28.11	4.91%	3.58%	―	―
SOOBF		$3.93B	110.98	2.87%	0.68%	―	―
2590	70 Outperform	¥86.61B	23.09		1.49%	8.00%	-127.55%

* Consumer Defensive Sector Average

Performance Comparison

STBFF

Suntory Beverage & Food

32.32

-2.89

-8.21%

ASBRF

Asahi Group Holdings

13.44

1.28

10.53%

CCOJF

Coca-Cola Bottlers Japan Holdings

16.60

4.62

38.56%

KNBWF

Kirin Holdings Company

12.85

-0.81

-5.93%

SOOBF

Sapporo Holdings

50.53

15.11

42.66%

JP:2590

DyDo Group Holdings, Inc.

2,673.00

42.05

1.60%

Glossary

OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.

NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.

UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.