Obermatt

Calbee

TYO:2229 · JP3220580009
Food ProductsLarge

360

69
EV / EBIT43
Price / Owner Earnings28
Owner Earnings Yield44
Dividend Yield61
Price/Sales23
EV / Gross Profit73
Price/Book38
Return on Capital56
Cash Return on Capital44
Return on Equity48
EBIT Margin45
Gross Profitability77
Cash Conversion64
Accruals34
Owner Earnings Margin37
Sales growth86
Profit Growth67
Long-Term EPS Growth55
Owner Earnings Growth100
Reinvestment67
Price momentum61
Debt load68
Refinancing27
Debt Payback100
Liquidity91
Analyst ratings9
Opinion Changes50
Price Target Upside14
Market mood43
Value Creation8/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Calbee clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryJapan
IndustryFood Products
SizeLarge
TypePublic Company
ExchangeTSE
Founded1949
Employees10
ISINJP3220580009
Last UpdateApr 2, 2026
Index & Theme
Fast-Moving Consumer Goods

Description

Calbee, Inc. engages in the production and sale of snacks and other food products. Business Segments The company’s business is organized primarily into the Food Manufacturing and Sales Business, which is further divided into domestic and overseas o…

Analysis

Middle-of-the-road

Calbee, Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group.

The price is expensive. You pay 29.3× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 11% yearly growth; analysts expect 4%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is solid and the balance sheet is sturdy. The company scores 8/20 on our value-creation score: creating some value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
37
2023202420252026

All-time high

37

Jun 2026

All-time low

4

Jan 2025

Average rank

18

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
23
25
29
27
Price/Earnings
37
24
28
38
Price/Book
38
25
19
24
Dividend Yield
61
33
45
35
Value (overall)
21
15
22
21

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →