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Nissin Foods Holdings Co Ltd
TSE:2897

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Nissin Foods Holdings Co Ltd
TSE:2897
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Price: 2 803.5 JPY -2.25%
Market Cap: ¥834.3B

EV/S

1.1
Current
19%
Cheaper
vs 3-y average of 1.3

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.1
=
Enterprise Value
¥970.1B
/
Revenue
¥780.9B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
1.1
=
Enterprise Value
¥970.1B
/
Revenue
¥780.9B

Valuation Scenarios

Nissin Foods Holdings Co Ltd is trading below its 3-year average

If EV/S returns to its 3-Year Average (1.3), the stock would be worth ¥3 459.29 (23% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-34%
Maximum Upside
+23%
Average Downside
1%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 1.1 ¥2 803.5
0%
3-Year Average 1.3 ¥3 459.29
+23%
5-Year Average 1.1 ¥2 824.28
+1%
Industry Average 0.7 ¥1 863.03
-34%
Country Average 1.1 ¥2 922.11
+4%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
¥970.1B
/
Jan 2026
¥780.9B
=
1.1
Current
¥970.1B
/
Mar 2026
¥797.9B
=
1.2
Forward
¥970.1B
/
Mar 2027
¥836.3B
=
1.2
Forward
¥970.1B
/
Mar 2028
¥865.1B
=
1.1
Forward

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

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close
Market Cap EV/S P/E
JP
Nissin Foods Holdings Co Ltd
TSE:2897
804.8B JPY 1.1 15.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 23 896.4 540 752.8
CH
Nestle SA
SIX:NESN
204B CHF 2.7 22.6
US
Mondelez International Inc
NASDAQ:MDLZ
78.2B USD 2.5 31.9
FR
Danone SA
PAR:BN
42.3B EUR 1.8 23.4
ZA
Tiger Brands Ltd
JSE:TBS
47.9B ZAR 1.3 12.6
US
Hershey Co
NYSE:HSY
38.4B USD 3.6 43.4
CN
Muyuan Foods Co Ltd
SZSE:002714
243.7B CNY 2.1 25
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
229.4B CNY 6.7 32.6
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 2 12.7
IN
Nestle India Ltd
NSE:NESTLEIND
2.8T INR 12 79.8

Market Distribution

In line with most companies in Japan
Percentile
48th
Based on 5 140 companies
48th percentile
1.1
Low
0 — 0.7
Typical Range
0.7 — 2
High
2 —
Distribution Statistics
Japan
Min 0
30th Percentile 0.7
Median 1.1
70th Percentile 2
Max 12 107 466

Nissin Foods Holdings Co Ltd
Glance View

In the bustling landscape of global food manufacturing, Nissin Foods Holdings Co Ltd stands as a towering figure, pioneering the instant noodle industry since its inception in 1948 by the visionary Momofuku Ando. The company's origins trace back to Japan post-World War II, a time marked by food shortages and economic constraints. Ando’s innovation of the first instant noodle, Chikin Ramen, in 1958, revolutionized the way the world consumed quick meals. Nissin has since expanded its portfolio beyond just instant noodles to include a diverse range of food products. While the company’s heart remains with its flagship brand, Cup Noodles, it continually innovates, introducing healthier options and exploring new flavors to cater to the evolving tastes of consumers globally. As a multinational corporation, Nissin ingeniously capitalizes on both production and distribution to drive growth and profitability. Anchored by strategic factories across Asia, North America, and Europe, the company efficiently scales its operations to meet global demands. This extensive network not only reduces logistical costs but also allows Nissin to adapt quickly to local tastes and preferences, a crucial component of its business model. Moreover, by maintaining a robust marketing strategy that emphasizes convenience and affordability, coupled with collaborations with retailers and food service providers, Nissin ensures its iconic products are accessible to a wide audience. This strategy, underpinned by continuous product innovation and strategic market penetration, solidifies Nissin's position as an industry leader in the world of instant foods.

Intrinsic Value
2 858.16 JPY
Undervaluation 2%
Intrinsic Value
Price ¥2 803.5
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