EN DE
Data-driven stock valuation

Kikkoman Corp ADR (KIKOY) fair value: what the stock is really worth

We calculate from audited financials what Kikkoman Corp ADR is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily, free.

  1. Compare price with fair valuebelow fair value = cheap, above = expensive
  2. Check the quality50 and up solid, 75 and up strong
  3. Watch it or check another stockalert when fair value or trend changes

Consumer Defensive · US · Market cap $10.0B · ISIN US49387U1034

At a glance

KC Kikkoman Corp ADR logo Kikkoman Corp ADR KIKOY · US
Price$22.85
Fair Value$16.80
Upside−26.5%
Quality63/100

A solid business, but trading 36% above our fair value of $16.80.

As of Sep 8, 2026, the fair value of Kikkoman Corp ADR is $16.80 per share against a price of $22.85, so the fair value sits 26% below the price. A model estimate from reported figures, not an analyst target.

ADR: This security is an ADR at a 2:1 ratio to the original share (ISIN JP3240400006, as of Aug 2026). Price and per-share figures are per ADR, not per original share.
✓Healthy Growth (revenue 5y +12.5 %/yr)
!Thin margins · 8.3% net margin
✓Low debt · generates free cash flow
·1.56% dividend yield
!Mixed vs. peers (8/15)
!Moderate moat 47/100
!Evidence only medium, so the estimate is less certain
Evidence: Medium Range $10.37 to $24.06

Fair value as of: Sep 8, 2026

From 24 valuation models · updated today

Fair value updated Sep 8, 2026, revised from $16.28 to $16.80 (+3.2%) since Aug 13, 2026. Share price +5.4% over the past month.

Watch Kikkoman Corp ADR for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($10.37 to $24.06) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

$32.54 $9.36 Fair Value $16.80 Jun 2015 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 8, 2026.

How to read this chart

60‑month range $9.36 – $32.54 · fair‑value band $10.37 – $24.06 · the $22.85 price screens above the $16.80 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 8, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Kikkoman Corp ADR (KIKOY) currently trades at $22.85, while our model-based Fair Value estimate is $16.80, implying the stock looks roughly 36.0% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Consumer Defensive sector. Bull case: the Growth Earnings group reads highest at a median of $18.11 per share, and 1 of the 24 models we run sit above the $22.85 price. Bear case: the Asset-Based group reads lowest at $5.59, and 23 of the 24 models stay below the price. Evidence for this calculation is medium.

Over the trailing twelve months, Kikkoman Corp ADR generated revenue of ¥746B at a net margin of 8.3%. Revenue grew 11.1% year over year. It earns a return on equity of 11.5%. The balance sheet holds a net cash position of ¥50.6B. Fundamentals as of Sep 8, 2026

Scenario range: $10.37 (bear) to $24.06 (bull), the price of $22.85 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target. The share trades near its 52-week high and 45% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −26% fair-value upside, at −26%, KIKOY screens richer than that median.

Fair Value models

Each model values the company its own way; the fair value above is the evidence-weighted blend. Evidence (0 to 100) shows how complete a model's inputs are. How we calculate →

Model Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $7.26 $10.35 $14.89 80
Growth DCF $7.34 $10.05 $13.78 79
Owner Earnings $6.90 $9.79 $14.05 77
All 24 models by family
DCF Models
FCF DCF $7.26 $10.35 $14.89 80
Owner Earnings $6.90 $9.79 $14.05 77
5Y Revenue Exit $10.48 $16.80 $24.97 72
5Y EBITDA Exit $12.81 $21.17 $31.02 74
5Y P/E Exit $12.22 $20.07 $28.37 70
10Y Revenue Exit $8.88 $14.28 $21.70 66
10Y EBITDA Exit $10.66 $17.26 $26.23 67
10Y P/E Exit $10.30 $16.51 $24.25 63
Earnings-Based
Graham-Dodd $6.58 $20.82 $27.74 64
Lynch FV $4.57 $6.53 $8.49 61
PEG = 1.0 $4.57 $6.53 $8.49 57
EPV $9.68 $10.98 $12.10 74
Multiples
P/E Multiple $15.25 $20.33 $25.41 63
P/S Multiple $12.34 $16.46 $20.57 58
P/B Multiple $12.34 $16.46 $20.57 55
EV/EBIT $17.38 $22.69 $28.00 66
EV/EBITDA $17.73 $23.16 $28.58 67
EV/Revenue $12.82 $17.70 $22.57 54
Asset-Based
NCAV (Graham) $4.17 $5.59 $8.35 54
Growth DCF
Growth DCF $7.34 $10.05 $13.78 79
Rev-Margin DCF $10.48 $16.71 $23.85 72
Economic Profit
Residual Income $7.53 $8.66 $15.55 68
ROIC Compounder $9.99 $12.18 $14.84 72
Growth Earnings
Growth-Adj P/E $12.68 $18.11 $23.55 67

Widest divergence: Growth Earnings ($18.11) versus Asset-Based ($5.59). Highest evidence: FCF DCF (80).

Notify me when KIKOY reaches fair value

Put KIKOY on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 27.9
P/S ratio 2.30 P/E × margin
EPS (TTM) $0.8200 price ÷ EPS = P/E 27.9
Dividend yield 1.6% payout 43.5%
Net margin 8.3% FY2026
Return on equity 11.5% TTM
More key figures
Profitability
Return on assets (EBIT) 10.8% avg 5y
Operating margin 7.9% TTM
Growth
Revenue (TTM) ¥746B TTM
Revenue growth (YoY) +11.1% 3y avg +8.5%
EPS growth (YoY) +23.0%
Balance sheet & cash flow
Free cash flow ¥36.2B FY2026
Net cash ¥50.6B FY2026

Figures from reported company fundamentals · as of Sep 8, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 63 · Market factors (momentum, volatility) 58

Profitability 58
Margins and returns on capital today
Quality Growth 48
Are margins and returns improving?
Cashflow 38
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 60
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 64
Distance to the 52-week high (market factor)
Net Issuance 94
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Kikkoman Corporation, through its subsidiaries, engages in the manufacture and sale of food products in Japan and internationally. The company offers soy sauce, food products, beverages, and alcoholic drinks; Del Monte seasonings; soy milk and Del Monte beverages; and mirin and wine.

Full company description

Kikkoman Corporation, through its subsidiaries, engages in the manufacture and sale of food products in Japan and internationally. The company offers soy sauce, food products, beverages, and alcoholic drinks; Del Monte seasonings; soy milk and Del Monte beverages; and mirin and wine. It also manufactures and sells canned fruits, corn products, and tomato ketchup; health food; and purchases and sells oriental food products, as well as other products. In addition, the company produces and sells clinical diagnostic enzymes, hygiene test agents, and hyaluronic acid, as well as pharmaceuticals and chemical products; and offers real estate rental and transportation services. It offers its products under the Global CookBook, Kikkoman Recipes, Washoku Lesson, Food Forum, Kikkoman Soy Sauce Museum, Teriyaki Sauce Museum, Mirin Museum, and Kikkoman Global News & Stories brand names. 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.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Kikkoman Corp ADR reported revenue of ¥791B in FY2026 versus ¥516B in FY2022, a compound +11.2%/yr. Reported net income was ¥65.3B in FY2026, compounding +13.8%/yr from FY2022.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
¥791B
Latest YoY
+11.5%
Avg. revenue growth/yr (3Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.5%
Avg. revenue growth/yr (5Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.5%
Avg. revenue growth/yr (20Y) ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.0%
Value creation/yr (5Y, in JPY) ⓘEarnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+18.2%
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+16.6%
Dividend yield1.6%
Trend ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y 16.6% vs 10Y 12.9%, picking up
Operating margin (EBIT) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.9.5% (2021) → 10.7% (2026) · rising
Worst earnings drop25% (2010) · in JPY
Revenue +11.2%/yr
FY22 ¥516B
FY23 ¥619B
FY24 ¥661B
FY25 ¥709B
FY26 ¥791B
Net income +13.8%/yr
FY22 ¥38.9B
FY23 ¥43.7B
FY24 ¥56.4B
FY25 ¥61.7B
FY26 ¥65.3B
Character of growth · EPS growth decomposed (2015-2026) +13.6 % p.a.
Revenue per share +7.1 %

of which total revenue +6.9 % · buybacks/dilution +0.1 %

EBIT margin +3.8 %
Tax rate +0.2 %
Residual (interest, one-offs) +2.0 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

KIKOY screens 36% overvalued. Compare with Nestlé S.A →

Run the numbers yourself: free valuation calculators
DCF CalculatorGraham NumberPeter Lynch FormulaDDM CalculatorFama-French ModelIntrinsic Value
Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Kikkoman Corp ADR · Fair Value
$16.80 −36%Fair Value
Calculator →

Cite: Fair Value Calculator (2026). "Kikkoman Corp ADR Fair Value". https://www.fairvalue-calculator.com/stock/KIKOY

Peer Group

Packaged Foods · 649 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Valuation
Quality Score 63 · Top 25%
Fair Value upside −29% · Below median
Profitability
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 8% · Above median
Growth and dividend
Revenue growth 11% · Above median
Dividend yield (TTM) 1.6% · Below median
Balance sheet
Debt / equity 0.03× · Below median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 27.9× · Pricier than median
P/FCF 0.3× · Cheapest 25%
PEG 6.55× · Priciest 25%

What the price implies (reverse DCF)

The inverse question: what free-cash-flow growth must Kikkoman Corp ADR deliver for ten years so that today's price is fair in our DCF model? Same formula, same discount rate as the fair value.

Implied FCF growth, 10 years+15.2 % per year
Achieved revenue growth, 5 years+12.5 % p.a.
Sector median revenue growth+3.0 %
FCF yield on price2.21 %
Discount rate (WACC) in the models8.5 %

The price demands roughly the growth the company recently delivered. Ranking of the largest stocks →

Context: sector, industry, market

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 24
FUTURE56 · sector 20
PAST46 · sector 28
HEALTH99 · sector 96
DIVIDEND31 · sector 54

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Sep 8, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.76 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $24.85 $24.59 −1%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $38.29 $28.32 −26%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

Compare Kikkoman Corp ADR with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screenerFilter by region, size and sector Compare toolTwo stocks side by side Extrinsic Value Calculator…Calculator with industry benchmark Peter Lynch Fair Value Formula &…Calculator with industry benchmark

Frequently asked questions

Is Kikkoman Corp ADR (KIKOY) overvalued or undervalued?
As of Sep 8, 2026, our model estimates a fair value of $16.80 versus a price of $22.85, about −26% upside (overvalued).
What is the fair value of KIKOY?
Our model-based fair value for Kikkoman Corp ADR is $16.80 (as of Sep 8, 2026), built from audited fundamentals. The current price: $22.85.
What is the quality score of KIKOY?
Kikkoman Corp ADR has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Kikkoman Corp ADR (KIKOY)?
Our model-based price target is the fair value of $16.80 (as of Sep 8, 2026) from 24 valuation models. Cautious scenario $10.37, optimistic scenario $24.06. It is a calculation from audited fundamentals, not an analyst target.
What is the Kikkoman Corp ADR stock forecast for 2026?
Our models put fair value at $16.80, about −26% upside versus a price of $22.85 (overvalued). Cautious scenario $10.37, optimistic scenario $24.06. The calculation is refreshed regularly with new filings.
What is the revenue of Kikkoman Corp ADR (KIKOY)?
Kikkoman Corp ADR reported trailing-twelve-month revenue of about ¥746B (latest available figure, as of Sep 8, 2026).
What is the net profit margin of KIKOY?
The net profit margin of Kikkoman Corp ADR is about 8.3%, meaning it keeps roughly 8.3% of revenue as net income. Based on the latest reported figures.
Does Kikkoman Corp ADR pay a dividend?
Kikkoman Corp ADR currently shows a dividend yield of about 1.56% relative to its recent price (as of Sep 8, 2026).
What growth is priced into Kikkoman Corp ADR (KIKOY)?
For today's price to be fair in a discounted-cash-flow model, Kikkoman Corp ADR would have to grow free cash flow by +15.2 % per year for ten years (discount rate 8.5 %, then 2 % perpetual growth). Over the last 5 years revenue grew +12.5 % per year. As of Sep 8, 2026.
What discount rate (WACC) does the fair value of KIKOY use?
Our models discount Kikkoman Corp ADR at 8.5 %: a base by market capitalisation (mid), damped by beta 0.05, country premium for USA. The same rate applies in all 26 models.
Free · no account needed

Watch Kikkoman Corp ADR in the live analysis

One click puts Kikkoman Corp ADR on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.