Nichirei Corp
TSE:2871

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Nichirei Corp
TSE:2871
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Price: 1 882.5 JPY -0.19% Market Closed
Market Cap: ¥483.8B

EV/EBITDA

8.8
Current
6%
More Expensive
vs 3-y average of 8.3

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.8
=
Enterprise Value
¥581.1B
/
EBITDA
¥60.3B

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
8.8
=
Enterprise Value
¥581.1B
/
EBITDA
¥60.3B

Valuation Scenarios

Nichirei Corp is trading above its 3-year average

If EV/EBITDA returns to its 3-Year Average (8.3), the stock would be worth ¥1 771.28 (6% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-11%
Maximum Upside
No Upside Scenarios
Average Downside
6%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 8.8 ¥1 882.5
0%
3-Year Average 8.3 ¥1 771.28
-6%
5-Year Average 7.9 ¥1 681.88
-11%
Industry Average 8.2 ¥1 746.11
-7%
Country Average 8.7 ¥1 855.5
-1%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
¥581.1B
/
Jan 2026
¥60.3B
=
8.8
Current
¥581.1B
/
Mar 2026
¥62.6B
=
9.3
Forward
¥581.1B
/
Mar 2027
¥62.7B
=
9.3
Forward
¥581.1B
/
Mar 2028
¥72.2B
=
8
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
JP
Nichirei Corp
TSE:2871
471.8B JPY 8.8 18.1
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 186 542.5 540 752.8
CH
Nestle SA
SIX:NESN
194.3B CHF 14 22.8
US
Mondelez International Inc
NASDAQ:MDLZ
74B USD 18.3 30.2
FR
Danone SA
PAR:BN
43.6B EUR 9.8 24
ZA
Tiger Brands Ltd
JSE:TBS
49.6B ZAR 9.6 13
US
Hershey Co
NYSE:HSY
39B USD 21.4 44.1
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 15.3 15.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 24.7 32.8
ZA
Avi Ltd
JSE:AVI
33.7B ZAR 8.9 13.1
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.3B CHF 19.2 32.5

Market Distribution

In line with most companies in Japan
Percentile
51th
Based on 5 051 companies
51th percentile
8.8
Low
0.1 — 6.7
Typical Range
6.7 — 12.2
High
12.2 —
Distribution Statistics
Japan
Min 0.1
30th Percentile 6.7
Median 8.7
70th Percentile 12.2
Max 214 699 781.2

Nichirei Corp
Glance View

Market Cap
483.8B JPY
Industry
Food Products

Nichirei Corporation stands as a notable player in the global food industry, with its roots stretching back to post-war Japan. The company has grown from a modest endeavor in seafood trading to a diversified conglomerate with a significant footprint in frozen foods, logistics, and biosciences. Nichirei's primary revenue stream flows from its extensive frozen foods segment, catering to a range of culinary palettes across both domestic and international markets. By capitalizing on Japan's deep-seated love for convenience meals, Nichirei has adeptly harnessed consumer trends towards frozen ready-to-eat dishes that are both high in quality and rich in nutritional value. The company's prowess in product innovation, coupled with stringent quality control measures, ensures that it maintains a competitive edge in this saturated market. Beyond food products, Nichirei's logistics arm plays a crucial role in its operational ecosystem. As a leader in temperature-controlled logistics, the company offers comprehensive distribution solutions, tapping into Japan’s intricate web of supply chains. Its commitment to efficiency and reliability in cold storage and transportation not only supports its own operations but also serves diverse sectors including agriculture and pharmaceuticals. Nichirei's ventures into biosciences further illustrate its adaptive strategies, exploring areas such as antibodies and diagnostic reagents. This ability to diversify while maintaining core competencies in food and logistics underlines Nichirei's resilience and insight in navigating the constantly shifting landscape of global commerce.

Intrinsic Value
2 120.8 JPY
Undervaluation 11%
Intrinsic Value
Price ¥1 882.5
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