Subscribe

Ajinomoto (Malaysia) Bhd (2658.KL)

MYR18.80 +0.00 (+0.00%)
MY KLS Consumer Defensive Packaged Foods
Address Lot L1-E-5A and L1-E-5B Enterprise 4, Technology Park MalaysiaLebuhraya Puchong - Sg. Besi, Bukit Jali Kuala Lumpur,57000Malaysia 57000
Kuala Lumpur, MY
CEO Daisaku Wadami
IPO 2000-01-03
ISIN MYL2658OO002

Explore sections of this company profile

Description

Ajinomoto (Malaysia) Berhad is a Malaysian entity primarily engaged in the production and distribution of monosodium glutamate (MSG) and an array of associated food products. Its operations are strategically divided into two principal divisions: the Consumer Business segment and the Industrial Business segment. Under its Consumer Business, the company offers a diverse portfolio of retail items. These encompass key culinary enhancers like AJI-NO-MOTO (their signature MSG), various seasoning blends such as Rasa Sifu (a general seasoning), TUMIX (chicken stock), SERI-AJI (menu-specific options), AJI-SHIO (flavored and black pepper), and AJI-MIX (blended seasonings). Other consumer offerings include AJI-NO-MOTO plus (a broader flavor enhancer), aminoVITAL (a jelly sports drink), and Pal Sweet (a sugar-free sweetener). For its Industrial Business clients, the company supplies specialized ingredients. These include hydrolysed vegetable proteins (available in both liquid and powder formats), AJI-AROMA (designed to boost taste and aroma), AJIMATE (another flavor enhancer), and ACTIVA TG preparation (an enzymatic product facilitating protein polymerization and cross-linking). These industrial offerings are widely utilized by food manufacturers across various sectors, including the production of instant noodles, soups, snack foods, sauces, dairy items, processed meats, and seafood products. Beyond domestic sales, Ajinomoto (Malaysia) Berhad engages in significant export activities, distributing its goods to markets across the Middle East, other Asian nations, and other international regions. Established in 1961, the company maintains its headquarters in Kuala Lumpur, Malaysia, and operates as a direct subsidiary of the global Ajinomoto Co., Inc.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
MYR18.80 +0.00 (+0.00%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
103.6K
Beta
0.35
Float Shares
23.83M
Free Float %
39.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.90% +2.29% +7.20% -2.90% -1.90% -1.90% -7.71% -5.77% -13.99% +9.12% +294.12%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
18.80
DCF (Unlevered) 43.61 +132.0%
DCF (Levered) 67.67 +259.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.68
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
4 / 5
High
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Packaged Foods: +4.4%
    +3.8% Q1'26: +5.9% (vs Q1'25)
  • EPS growth Packaged Foods: +14.6%
    +43.9% Q1'26: +327.3% (vs Q1'25)
  • FCF margin FCF growth · Packaged Foods: +15.9%
    +8.3% Q1'26: +4.5% (vs Q1'25)
  • EBIT margin Packaged Foods: +7.9%
    +11.1% Q1'26: +4.4% (vs Q1'25)
  • ROIC Packaged Foods: +7.0%
    +12.5% Q1'26: +5.4% (vs Q1'25)
  • Share dilution Packaged Foods: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×
    0.05× Q1'26: 0.04× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.30) × ERP
WACC = 99% × Ke + 1% × Kd (27.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 43.85 Current price: 18.80
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2024
actual
Mar 2025
actual
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Mar 2032
1 Rev. Ana.
1 EPS Ana.
Mar 2033
1 Rev. Ana.
1 EPS Ana.
Revenue
636.45M
est: 538.20M (+18.3%)
684.50M
est: 538.20M (+27.2%)
443.30M
443.30M – 443.30M
-17.6% YoY
453.45M
453.45M – 453.45M
+2.3% YoY
451.80M
451.80M – 451.80M
-0.4% YoY
451.90M
451.90M – 451.90M
+0.0% YoY
488.10M
488.10M – 488.10M
+8.0% YoY
512.50M
512.50M – 512.50M
+5.0% YoY
538.20M
538.20M – 538.20M
+5.0% YoY
EBITDA
483.73M
est: 134.58M (+259.4%)
104.92M
est: 133.14M (-21.2%)
109.66M
109.66M – 109.66M
-17.6% YoY
112.17M
112.17M – 112.17M
+2.3% YoY
111.76M
111.76M – 111.76M
-0.4% YoY
111.79M
111.79M – 111.79M
+0.0% YoY
120.74M
120.74M – 120.74M
+8.0% YoY
126.78M
126.78M – 126.78M
+5.0% YoY
133.14M
133.14M – 133.14M
+5.0% YoY
EBIT
456.38M
est: 111.82M (+308.1%)
75.10M
est: 110.10M (-31.8%)
90.69M
90.69M – 90.69M
-17.6% YoY
92.76M
92.76M – 92.76M
+2.3% YoY
92.43M
92.43M – 92.43M
-0.4% YoY
92.45M
92.45M – 92.45M
+0.0% YoY
99.85M
99.85M – 99.85M
+8.0% YoY
104.84M
104.84M – 104.84M
+5.0% YoY
110.10M
110.10M – 110.10M
+5.0% YoY
Net Income
401.42M
est: 59.42M (+575.6%)
49.66M
est: 59.42M (-16.4%)
46.72M
46.72M – 46.72M
-21.4% YoY
50.67M
50.67M – 50.67M
+8.4% YoY
49.15M
49.15M – 49.15M
-3.0% YoY
46.99M
46.99M – 46.99M
-4.4% YoY
54.02M
54.02M – 54.02M
+14.9% YoY
54.02M
54.02M – 54.02M
+0.0% YoY
59.42M
59.42M – 59.42M
+10.0% YoY
SGA
99.93M
est: 91.67M (+9.0%)
119.44M
est: 73.31M (+62.9%)
60.38M
60.38M – 60.38M
-17.6% YoY
61.76M
61.76M – 61.76M
+2.3% YoY
61.54M
61.54M – 61.54M
-0.4% YoY
61.55M
61.55M – 61.55M
+0.0% YoY
66.48M
66.48M – 66.48M
+8.0% YoY
69.80M
69.80M – 69.80M
+5.0% YoY
73.31M
73.31M – 73.31M
+5.0% YoY
EPS
6.60
est: 0.98 (+575.4%)
0.82
est: 0.98 (-16.1%)
0.77
0.77 – 0.77
-21.4% YoY
0.83
0.83 – 0.83
+8.4% YoY
0.81
0.81 – 0.81
-3.0% YoY
0.77
0.77 – 0.77
-4.4% YoY
0.89
0.89 – 0.89
+14.9% YoY
0.89
0.89 – 0.89
+0.0% YoY
0.98
0.98 – 0.98
+10.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-26 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-25 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-22 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-21 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-20 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-19 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-18 B+ 3/5 1/5 3/5 4/5 4/5 3/5 4/5
2026-05-15 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-14 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-13 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-12 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-11 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-08 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-07 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-06 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-05 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-05-04 B+ 3/5 1/5 3/5 4/5 3/5 3/5 4/5
2026-04-30 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-29 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-28 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-27 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-24 B 3/5 1/5 2/5 4/5 3/5 3/5 4/5
2026-04-23 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5
2026-04-22 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5
2026-04-21 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5
2026-04-20 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5
2026-04-17 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5
2026-04-16 B+ 3/5 1/5 2/5 5/5 3/5 3/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
91.57M
OE per share TTM
1.51
Owner's Yield
11.34%
Maintenance CapEx ratio
19.81%
Maint CapEx / Avg PPE
71.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 6 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Core Equity 2 ETF DFEM 0.00% 173.4K 0.39%
2 Dimensional - Emerging Markets Value ETF DFEV 0.00% 21.0K 0.46%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 86.1K 0.28%
4 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 27.5K 0.29%
5 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.00% 467.22 0.56%
6 Dimensional Emerging Markets Sustainability Core 1 ETF DFSE 0.00% 467.79 0.44%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
136.6K
Shares Outstanding
60.80M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Takahiro Sato Chief Supply Chain Officer 1M male
Daisaku Wadami Executive MD, Chief Executive Officer & Director 803.2K male
Kum Cheng Yong Chief Production Officer & Executive Director 525.2K male
Akihiko Nozaki Executive Director 430.8K male
Zarina Binti Basar Executive Director 430.8K female
Sze Min Yeow FCIS MAICSA Joint Company Secretary female
Taishi Akiyama Chief Finance Officer & Executive Director male
Kit Yeng Yee Joint Secretary
Wai Shen Heng Financial Controller female
Siew Chuan Chua FCIS MAICSA Company Secretary female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits