Kikkoman (KIKOY) AI Stock Analysis

• Market Cap: $8.18B
• Dividend Yield: 2.26%
• Average Volume (3M): 25.00
• Price to Earnings (P/E): 20.6
• Beta (1Y): 0.41
• Revenue Growth: 3.55%
• EPS Growth: -7.34%
• Country: US
• Employees: 7,521
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Packaged Foods
• EPS (TTM): 0.23
• Shares Outstanding: 484,708,000
• 10 Day Avg. Volume: 44
• 30 Day Avg. Volume: 25
• PEG Ratio: 1.98
• Price to Book (P/B): 2.36
• Price to Sales (P/S): 1.69
• P/FCF Ratio: 35.96
• Enterprise Value/Market Cap: 1.05
• Enterprise Value/Revenue: 0.01
• Enterprise Value/Gross Profit: 0.04
• Enterprise Value/Ebitda: 0.09
• 1Y Price Target: $19.50
• Price Target Upside: 12.00% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 66 Neutral
• Price Target: $18.50 ▲(6.26% Upside)

Kikkoman's overall stock score reflects a strong financial performance and fair valuation, tempered by mixed technical indicators. The company's robust profitability and stable balance sheet are significant strengths, while the technical analysis suggests caution due to bearish momentum. The absence of earnings call data and corporate events limits additional insights.

Kikkoman Business Overview & Revenue Model

Company Description

Kikkoman Corporation, through its subsidiaries, manufactures and sells food products in Japan, North America, and internationally. The company offers soy sauces, soy sauce soup bases, dipping and marinade sauces, handy seasoning mixes, and Del Monte seasonings; soy milk and Del Monte beverages; sweet sake for cooking; and wines. It also manufactures and sells canned fruits, canned corn, and tomato ketchup, as well as health foods; and purchases and sells oriental food products. In addition, the company produces and sells clinical diagnostic reagents, hygiene inspection agents, and processing enzymes, as well as chemical products, including hyaluronic acid; and offers real estate rental, logistics, and back-office support services. It serves home, and industrial and food service sectors. The company was formerly known as Kikkoman Shoyu Co., Ltd. and changed its name to Kikkoman Corporation in 1980. Kikkoman Corporation was founded in 1917 and is headquartered in Noda, Japan.

How the Company Makes Money

Kikkoman generates revenue through multiple key streams primarily focused on the sale of its food products, with soy sauce being the flagship item accounting for a substantial portion of its earnings. The company operates in both retail and foodservice segments, selling its products through grocery stores, supermarkets, restaurants, and food distributors. Kikkoman's revenue model is bolstered by its strong brand recognition and reputation for quality, which leads to customer loyalty and repeat purchases. Additionally, Kikkoman engages in partnerships with various food manufacturers and distributors to expand its market reach. The company also invests in marketing and promotional activities to enhance brand visibility and drive sales, further contributing to its overall revenues.

Kikkoman Financial Statement Overview

Summary

Kikkoman exhibits a strong financial profile with consistent revenue growth, robust profitability, and a stable balance sheet. Effective cost management and strategic growth initiatives have driven financial health. However, managing capital expenditures and maintaining growth in a competitive market are crucial for long-term success.

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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	706.42B	708.98B	660.84B	618.90B	516.44B	439.41B
Gross Profit	237.55B	239.23B	228.72B	195.64B	171.02B	146.69B
EBITDA	97.56B	112.69B	93.72B	80.13B	69.92B	62.34B
Net Income	58.94B	61.70B	56.44B	43.73B	38.90B	31.16B
Balance Sheet
Total Assets	664.11B	679.41B	667.88B	566.38B	503.06B	438.51B
Cash, Cash Equivalents and Short-Term Investments	88.99B	135.46B	150.78B	103.86B	81.77B	61.28B
Total Debt	58.08B	59.01B	59.91B	50.98B	43.46B	41.66B
Total Liabilities	155.74B	163.37B	169.62B	149.41B	139.15B	124.99B
Stockholders Equity	501.20B	508.54B	491.36B	410.51B	357.82B	308.13B
Cash Flow
Free Cash Flow	0.00	33.31B	49.74B	32.65B	32.53B	40.10B
Operating Cash Flow	0.00	73.98B	80.81B	59.20B	52.09B	57.17B
Investing Cash Flow	0.00	-38.46B	-42.99B	-26.62B	-16.11B	-16.89B
Financing Cash Flow	0.00	-46.09B	-31.42B	-20.38B	-17.90B	-15.42B

Kikkoman Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 17.41
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KIKOY, the sentiment is Neutral. The current price of 17.41 is above the 20-day moving average (MA) of 17.40, below the 50-day MA of 17.63, and below the 200-day MA of 19.10, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 45.75 is Neutral, neither overbought nor oversold. The STOCH value of 34.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for KIKOY.

Kikkoman Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MKC	69 Neutral	$18.33B	23.63	13.92%	2.69%	1.64%	-1.83%
INGR	69 Neutral	$7.72B	11.73	17.11%	2.67%	-5.16%	4.95%
CPB	67 Neutral	$9.32B	15.59	15.64%	5.01%	6.40%	6.17%
KIKOY	66 Neutral	$8.18B	20.64	11.79%	2.26%	3.55%	-7.34%
CAG	64 Neutral	$8.95B	10.56	9.65%	7.48%	-4.11%	72.17%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SJM	50 Neutral	$11.42B	22.22	-21.32%	4.01%	2.54%	-293.39%