Morinaga&Co., Ltd. sits in the middle of our grid: average quality, average price, no obvious signal in either direction. Worth noting: the cash the business generates has lagged behind what the income statement shows.
On valuation, the picture is fair. The owner-earnings multiple stands at 18.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 5% a year, against analyst forecasts of 10%. The price, in other words, assumes less than the experts do.
Growth is moderate; the safety picture is sturdy. The company scores 13/20 on our value-creation score: creating some value.
Flags to be aware of: Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202337
85
2023202420252026
All-time high
86
Jan 2024
All-time low
37
Jan 2023
Average rank
67
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
37
31
29
33
Price/Earnings
78
64
44
67
Price/Book
46
31
30
44
Dividend Yield
67
54
55
54
Value (overall)
51
47
36
43
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.