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Toyo Suisan Kaisha, Ltd (TSUKY) Fair Value & Analysis

Consumer Defensive · US · Market cap $5.9B

TS Toyo Suisan Kaisha, Ltd logo Toyo Suisan Kaisha, Ltd TSUKY · US
Price$65.57
Fair Value$87.49
Upside+33.4%
Quality70/100
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Healthy Growth
Solidly profitable · 13.1% net margin
Low debt · generates free cash flow
2.22% dividend yield
Ranks above peers (10/12)
Moderate moat 60/100
Evidence: High Range $61.33 – $120.21 Share as image

Fair value as of: Jul 19, 2026

From 23 valuation models · updated 22 days ago

Share price −2.8% over the past month.

A solid business, screening 33% undervalued on our models.

What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • A fairly wide model range ($61.33 to $120.21) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

$80.82 $26.89 Fair Value $87.49 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range $26.89 – $80.82 · fair‑value band $61.33 – $120.21 · the $65.57 price screens below the $87.49 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Toyo Suisan Kaisha, Ltd (TSUKY) currently trades at $65.57, while our model-based Fair Value estimate is $87.49, implying the stock looks roughly 33.4% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Consumer Defensive sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Toyo Suisan Kaisha, Ltd generated revenue of $537B at a net margin of 13.1%. Revenue grew 19.2% year over year. It earns a return on equity of 13.6%. The balance sheet holds a net cash position of $260B. Fundamentals as of Jul 19, 2026

Our scenario range runs from $61.33 (bear case) to $120.21 (bull case); at $65.57, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 24% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -3% fair-value upside, at 33%, TSUKY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $50.86 $63.26 $79.50 80
Rev-Margin DCF $54.04 $74.11 $95.64 74
ROIC Compounder $60.70 $69.72 $79.19 72
All 23 models by family
DCF Models
FCF DCF $50.06 $63.53 $81.98 38
Owner Earnings $52.57 $67.09 $86.98 31
5Y Revenue Exit $54.04 $73.86 $98.35 39
5Y EBITDA Exit $70.40 $103.01 $139.68 41
5Y P/E Exit $73.97 $109.37 $144.87 38
10Y Revenue Exit $51.07 $68.20 $89.57 36
10Y EBITDA Exit $62.20 $87.49 $119.06 37
10Y P/E Exit $64.38 $91.70 $122.77 35
Earnings-Based
Graham-Dodd $34.70 $82.72 $106.67 54
PEG = 1.0 $14.43 $20.61 $26.80 46
EPV $59.01 $65.48 $71.07 59
Multiples
P/E Multiple $80.37 $107.16 $133.95 63
P/S Multiple $46.82 $62.42 $78.03 58
P/B Multiple $65.06 $86.75 $108.43 55
EV/EBIT $97.56 $124.07 $150.58 53
EV/EBITDA $91.86 $116.47 $141.08 54
EV/Revenue $58.99 $76.55 $94.10 43
Asset-Based
NCAV (Graham) $18.28 $24.49 $36.56 50
Growth DCF
Growth DCF $50.86 $63.26 $79.50 80
Rev-Margin DCF $54.04 $74.11 $95.64 74
Economic Profit
Residual Income $35.06 $43.57 $99.07 61
ROIC Compounder $60.70 $69.72 $79.19 72
Growth Earnings
Growth-Adj P/E $61.08 $87.26 $113.43 68

Widest divergence: Growth Earnings ($87.26) versus Asset-Based ($24.49). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $537B
Revenue growth (YoY) +19.2%
Net margin 13.1%
Return on equity 13.6%
Free cash flow $45.9B FY2026
P/E ratio 13.7
More key figures
Operating margin 15.8%
EPS (TTM) $4.42
Dividend yield 2.2%
EPS growth (YoY) +61.8%
Net cash $260B FY2026

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 69 · Market factors (momentum, volatility) 39

Profitability 59
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 30
Distance to the 52-week high (market factor)
Net Issuance 98
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.

About the company

Toyo Suisan Kaisha, Ltd., together with its subsidiaries, produces and sells food products in Japan and internationally. The company operates through Seafood Business, Overseas Instant Noodles Business, Domestic Instant Noodles Business, Low Temperature Food Business, Refrigeration Business, Processed Food Business, And Other segments.

Full company description

Toyo Suisan Kaisha, Ltd., together with its subsidiaries, produces and sells food products in Japan and internationally. The company operates through Seafood Business, Overseas Instant Noodles Business, Domestic Instant Noodles Business, Low Temperature Food Business, Refrigeration Business, Processed Food Business, And Other segments. It also purchases, processes, and sells seafood products. In addition, the company manufactures and sells instant cup noodles, instant noodles, soup, chilled noodles and foods, frozen food, rice, seafood, commercial frozen food, and other processed foods, as well as fish, ham, and sausage. Further, it engages in the manufactures and sale of low- temperature foods; refrigeration and freezing of cargo activities; provision of warehouse, transportation, and customs clearance services; and bento and prepared food business. Toyo Suisan Kaisha, Ltd. was incorporated in 1948 and is based in Tokyo, Japan.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Toyo Suisan Kaisha, Ltd reported revenue of $569B in FY2026 versus $361B in FY2022, a compound +12.0%/yr. Reported net income was $74.4B in FY2026, compounding +35.0%/yr from FY2022.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
$569B
Latest YoY
+12.1%
Avg. growth/yr (3Y)
+9.3%
Avg. growth/yr (5Y)
+6.4%
Avg. growth/yr (21Y)
+3.0%
Revenue +12.0%/yr
FY22 $361B
FY23 $436B
FY24 $489B
FY25 $508B
FY26 $569B
Net income +35.0%/yr
FY22 $22.4B
FY23 $33.1B
FY24 $55.7B
FY25 $62.9B
FY26 $74.4B

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Cite: Fair Value Calculator (2026). "Toyo Suisan Kaisha, Ltd Fair Value". https://www.fairvalue-calculator.com/stock/TSUKY

Peer Group

Packaged Foods · 653 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.

Quality Score 70 · Top 25%
Fair Value upside +33% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 9% · Top 25%
Net margin (TTM) 13% · Top 25%
Operating margin (TTM) 16% · Top 25%
Revenue growth 19% · Top 25%
Dividend yield (TTM) 2.2% · Below median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 13.7× · Cheaper than median
P/FCF 0.1× · Cheaper than 75% of peers
PEG 2.59× · Pricier than 75% of peers

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.

VALUE 78 · sector 29
FUTURE 96 · sector 19
PAST 54 · sector 27
HEALTH 100 · sector 96
DIVIDEND 44 · sector 47

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,427 ₹362.37 -75%
Britannia Industries Limited BRITANNIA ₹5,413 ₹1,870 -65%
Tata Consumer Products Limited TATACONSUM ₹1,089 ₹327.27 -70%
PT Indofood CBP Sukses Makmur Tbk ICBP 6,650 IDR 15,757 IDR +137%
Samyang Foods Co 003230 1,139,000 KRW 1,010,543 KRW -11%
Patanjali Foods Limited PATANJALI ₹413.80 ₹157.04 -62%
Vietnam Dairy Products Joint Stock Company VNM 58,500 VND 68,259 VND +17%
PT Mayora Indah Tbk, MYOR 1,750 IDR 2,699 IDR +54%
PT Cisarua Mountain Dairy Tbk CMRY 4,490 IDR 4,355 IDR -3%
Nongshim Co 004370 348,500 KRW 530,619 KRW +52%

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Frequently asked questions

Is Toyo Suisan Kaisha, Ltd (TSUKY) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of $87.49 versus a price of $65.57, about +33% (undervalued).
What is the fair value of TSUKY?
Our model-based fair value for Toyo Suisan Kaisha, Ltd is $87.49 (as of Jul 19, 2026), built from audited fundamentals. The current price is $65.57.
What is the quality score of TSUKY?
Toyo Suisan Kaisha, Ltd has a Quality Score of 70/100. 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 revenue of Toyo Suisan Kaisha, Ltd (TSUKY)?
Toyo Suisan Kaisha, Ltd reported trailing-twelve-month revenue of about $537B (latest available figure, as of Jul 19, 2026).
What is the net profit margin of TSUKY?
The net profit margin of Toyo Suisan Kaisha, Ltd is about 13.1%, meaning it keeps roughly 13.1% of revenue as net income. Based on the latest reported figures.
Does Toyo Suisan Kaisha, Ltd pay a dividend?
Toyo Suisan Kaisha, Ltd currently shows a dividend yield of about 2.22% relative to its recent price (as of Jul 19, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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