Morinaga Milk Industry Co., Ltd. (TYO:2264)

Morinaga Milk Industry Ratios and Metrics

Market cap in millions JPY. Fiscal year is April - March.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Apr 1, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Market Capitalization	255,426	271,308	215,789	236,418	288,024	206,824
Market Cap Growth	3.28%	25.73%	-8.73%	-17.92%	39.26%	11.33%
Enterprise Value	341,981	284,014	284,996	300,554	376,641	299,180
Last Close Price	3058.00	3042.72	2277.94	2452.12	2688.61	1908.91
PE Ratio	19.72	4.43	12.79	7.00	15.37	11.09
Forward PE	13.60	9.10	4.54	10.24	13.30	12.14
PS Ratio	0.47	0.50	0.41	0.47	0.49	0.35
PB Ratio	0.93	0.96	0.95	1.14	1.43	1.13
P/TBV Ratio	0.99	1.09	1.07	1.20	1.50	1.18
P/FCF Ratio	11.58	-	11.05	27.79	-
P/OCF Ratio	4.80	11.13	5.87	7.47	7.08
EV/Sales Ratio	0.62	0.52	0.54	0.60	0.65	0.51
EV/EBITDA Ratio	6.81	5.52	6.28	5.89	7.65	6.83
EV/EBIT Ratio	13.69	10.20	11.91	10.09	13.05	11.80
EV/FCF Ratio	12.12	-	14.05	36.35	-
Debt / Equity Ratio	0.38	0.31	0.45	0.43	0.52	0.55
Debt / EBITDA Ratio	2.07	1.69	2.23	1.75	2.12	2.31
Debt / FCF Ratio	-	3.70	-	4.17	10.06	-
Asset Turnover	0.99	1.04	1.11	1.10	1.31	1.36
Inventory Turnover	5.57	5.37	5.63	5.56	5.81	6.03
Quick Ratio	0.57	0.72	0.55	0.61	0.56	0.47
Current Ratio	1.09	1.19	1.14	1.15	1.07	0.97
Return on Equity (ROE)	4.71%	24.09%	7.82%	16.55%	9.82%	10.68%
Return on Assets (ROA)	2.83%	3.31%	3.17%	4.08%	4.06%	3.65%
Return on Capital (ROIC)	4.22%	4.99%	4.78%	6.17%	6.11%	5.64%
Return on Capital Employed (ROCE)	7.00%	7.50%	7.30%	9.40%	9.40%	8.90%
Earnings Yield	5.19%	22.60%	7.82%	14.29%	6.51%	9.02%
FCF Yield	8.64%	-0.10%	9.05%	3.60%	-1.73%
Dividend Yield	2.87%	1.97%	1.98%	1.63%	1.30%	1.57%
Payout Ratio	0.00%	6.64%	21.43%	10.25%	15.84%	14.58%
Buyback Yield / Dilution	3.99%	2.76%	7.99%	0.72%	-0.02%	0.03%
Total Shareholder Return	6.86%	4.73%	9.96%	2.35%	1.29%	1.60%

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.