Nissin Foods Holdings (NF2) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of Nissin Foods Holdings €7.11, price €15.70, upside -54.7%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
In Frankfurt, only 4 of the last 21 trading days (30 days) had any turnover. On the other days the price is an indicative quote without trading, so we do not list this stock in the radar. It stays reachable through search.
NFSome dataSep 30, 2026
Nissin Foods Holdings
NF2 · F
Weakest SetupStrongly overvalued and low quality.
!Fair value €7.11 · Strongly overvalued (−54.7%)
!Quality 46/100
!Expensive Growth(revenue 5y +9.3 %/yr)
!Thin margins · 5.9% net margin (TTM)
!Low debt · negative free cash flow
!2.3% dividend yield · Watch coverage
!Trails peers(4/14)
!Narrow moat42/100
!Evidence only medium, so the estimate is less certain
Watch Nissin Foods Holdings 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 freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 30, 2026.
How to read this chart
60‑month range €13.54 – €30.51 · fair‑value band €6.01 – €9.88 · the €15.70 price screens above the €7.11 fair value. Dashed = 300-day average. As of Sep 30, 2026.
Follow Nissin Foods in your weekly email
Every Wednesday you see whether Nissin Foods is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Nissin Foods Holdings Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of instant foods in Japan, the United States, and internationally. It operates through the Nissin Food Products, MYOJO Foods, Low Temperature Beverage Business, Confectionery and Snack, The Americas, and China segments.
Show more
Nissin Foods Holdings Co.,Ltd., together with its subsidiaries, engages in the manufacture and sale of instant foods in Japan, the United States, and internationally. It operates through the Nissin Food Products, MYOJO Foods, Low Temperature Beverage Business, Confectionery and Snack, The Americas, and China segments. The company's products include instant noodles in bags, cup noodles, chilled foods, frozen foods, cup rice, confectionery, and beverages. It offers its products under Chicken Ramen, Cup Noodle, Cup Noodles Chicken, Demae Iccho, Hé wèi dào, Nissin Premium Bag Korean Hot Chili Chicken, Cup Noodles Mazedaar Masala, and Soba brand names. Nissin Foods Holdings Co.,Ltd. was incorporated in 1948 and is headquartered in Tokyo, Japan.
Stock analysis
Nissin Foods Holdings (NF2) currently trades at €15.70, while our model-based Fair Value estimate is €7.11, 54.7% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of €16.38 per share, and 5 of the 16 models we run sit above the €15.70 price.
Bear case: the Earnings-Based group reads lowest at €5.55, and 11 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: €6.01 (bear) to €9.88 (bull), the price of €15.70 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Consumer Defensive sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Nissin Foods Holdings reported revenue of ¥788B in FY2026 versus ¥570B in FY2022, a compound +8.5%/yr. Reported net income was ¥45.4B in FY2026, compounding +6.4%/yr from FY2022.
Key figures
Market cap €4.5B · P/E ratio 18.0 · P/S ratio 1.04 · EPS (TTM) €0.8700 · Dividend yield 2.3% · Net margin 5.8% · Return on equity 9.6% · Return on assets (EBIT) 6.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 16% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 9% fair-value upside, at −55%, NF2 screens richer than that median.
Fair Value models
Bear €6.01Fair Value €7.11Bull €9.88
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.47/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+1.5%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+9.3%
Start year 2021 (pandemic). Over 10 years: +5.3% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.4%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. 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.
−12.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−14.5%
Dividend (yield on the price)2.3%
Pace: 5 vs 10 years ⓘ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.−14.5% vs −3.5%, slowing
Profit margin 2021 to 2026 ⓘ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.10% → 6%
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 8.1%/yr over ~7Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Packaged Foods · 637 stocks
Beats the industry median on 4/14 measures
Overall it trails its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside−55.3% · Bottom 25%
Profitability
Return on equity (TTM)9.6% · Above median
Return on assets3.4% · Below median
Net margin (TTM)5.9% · Above median
Operating margin (TTM)7.3% · Above median
Growth and dividend
Revenue growth10.0% · Above median
Dividend yield (TTM)2.3% · Below median
Balance sheet
Debt / equity0.20× · Above median
Valuation Multiplesvs Packaged Foods median · lower = cheaper
P/E (TTM)18.0× · Pricier than median
P/B1.57× · Pricier than median
P/S (TTM)1.01× · Pricier than median
EV/EBITDA9.3× · Pricier than median
PEG3.91× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 33
FUTURE (revenue growth)50· sector 20
PAST (return on equity)39· sector 30
HEALTH (low debt)90· sector 96
DIVIDEND (yield)47· sector 57
VALUE 0: the price sits above our fair-value range.
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.
Is Nissin Foods Holdings (NF2) overvalued or undervalued?
As of Sep 30, 2026, our model estimates a fair value of €7.11 versus a price of €15.70, about −55% upside (overvalued).
What is the fair value of NF2?
Our model-based fair value for Nissin Foods Holdings is €7.11 (as of Sep 30, 2026), built from audited fundamentals. The current price: €15.70.
What is the quality score of NF2?
Nissin Foods Holdings has a Quality Score of 46/100. 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 Nissin Foods Holdings (NF2)?
Our model-based price target is the fair value of €7.11 (as of Sep 30, 2026) from 16 valuation models. Cautious scenario €6.01, optimistic scenario €9.88. It is a calculation from audited fundamentals, not an analyst target.
What is the Nissin Foods Holdings stock forecast for 2026?
Our models put fair value at €7.11, about −55% upside versus a price of €15.70 (overvalued). Cautious scenario €6.01, optimistic scenario €9.88. The calculation is refreshed regularly with new filings.
What is the revenue of Nissin Foods Holdings (NF2)?
Nissin Foods Holdings reported trailing-twelve-month revenue of about ¥806B (latest available figure, as of Sep 30, 2026).
Does Nissin Foods Holdings pay a dividend?
Nissin Foods Holdings currently shows a dividend yield of about 2.33% relative to its recent price (as of Sep 30, 2026).
What is the intrinsic value of Nissin Foods Holdings (NF2)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Nissin Foods Holdings it is €7.11 per share (as of Sep 30, 2026), against a price of €15.70. It is the blended result of 16 valuation models (cash flow, earnings, asset, dividend).
Is Nissin Foods Holdings stock overvalued or undervalued in 2026?
As of Sep 30, 2026, NF2 trades above its calculated fair value: price €15.70, fair value €7.11, a gap of about −55% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of NF2?
No. The price is what the market pays today (€15.70); the fair value is what the company's own numbers justify (€7.11). For Nissin Foods Holdings the two are €8.59 per share apart. That gap is exactly why we show both numbers side by side.
How much is Nissin Foods Holdings worth?
The market values Nissin Foods Holdings at about €4.5B (market capitalisation, as of Sep 30, 2026). Per share that is €15.70; our models calculate a fair value of €7.11 per share.
What do the bullish and bearish scenarios say about NF2?
Our models span a range for Nissin Foods Holdings: cautious scenario €6.01, base €7.11, optimistic €9.88 per share (as of Sep 30, 2026, price €15.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of NF2?
Nissin Foods Holdings trades at a price-to-earnings ratio of 18.0 (as of Sep 30, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €7.11 is built from several models across several years. Other multiples: PEG 3.9, P/B 1.6, P/S 1.0, EV/EBITDA 9.3.
What is the PEG ratio of NF2?
The PEG ratio of Nissin Foods Holdings is 3.91 (P/E divided by earnings growth, as of Sep 30, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Nissin Foods Holdings (NF2)?
Balance-sheet figures for Nissin Foods Holdings (as of Sep 30, 2026): return on equity 9.6%, debt of 0.20 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is NF2 from its 52-week high?
Nissin Foods Holdings trades at €15.70, about 11% below its 52-week high of €17.66 and 16% above the low of €13.54 (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of €7.11 is for.
Which stocks are comparable to Nissin Foods Holdings?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Nissin Foods Holdings stock attractive at the current price?
The data as of Sep 30, 2026: price €15.70, calculated fair value €7.11 (−55%), Quality Score 46/100, from 16 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of NF2 calculated?
We run Nissin Foods Holdings through 16 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €7.11, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Nissin Foods Holdings itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Nissin Foods Holdings (NF2)?
The closing price on Oct 1, 2026 was €15.70. Our model-based fair value is €7.11, about −55% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Nissin Foods Holdings right now?
The price sits above even our optimistic bull case (€9.88). The favourable scenario is already priced in. Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Nissin Foods Holdings
How large is the market capitalisation of Nissin Foods Holdings (NF2)?
The market capitalisation of Nissin Foods Holdings is €4.5B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Nissin Foods Holdings (NF2)?
The price-to-sales ratio of Nissin Foods Holdings is 1.04 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Nissin Foods Holdings (NF2)?
Earnings per share at Nissin Foods Holdings are €0.8700 (price ÷ EPS = P/E 18.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Nissin Foods Holdings (NF2)?
The dividend yield of Nissin Foods Holdings is 2.3% (payout 42.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Nissin Foods Holdings (NF2)?
The net margin of Nissin Foods Holdings is 5.8% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Nissin Foods Holdings (NF2)?
The return on equity (ROE) of Nissin Foods Holdings is 9.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Nissin Foods Holdings (NF2)?
On an EBIT basis the return on assets of Nissin Foods Holdings is 6.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Nissin Foods Holdings (NF2)?
The operating margin of Nissin Foods Holdings is 7.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Nissin Foods Holdings (NF2)?
Revenue at Nissin Foods Holdings is growing +10.0% versus a year earlier (3y avg +5.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Nissin Foods Holdings (NF2)?
Earnings per share at Nissin Foods Holdings are growing +20.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Nissin Foods Holdings (NF2) generate?
The free cash flow of Nissin Foods Holdings is −¥4.2B (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Nissin Foods Holdings (NF2) carry?
The net debt of Nissin Foods Holdings is ¥77.2B (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Nissin Foods Holdings in the live analysis
One click puts Nissin Foods Holdings 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.
