Which companies are WELLNEO SUGAR's closest peers?

The cockpit's peer set: Triveni Engineering and Industries (TRIVENI.NS), Kadoya Sesame Mills (2612.T), Inghams (ING.AX), Shiyue Daotian (9676.HK), Wanxiang Doneed (600371.SS), Baiyang Investment (002696.SZ), Jiangsu Yike Food (301116.SZ), ForFarmers (FFARM.AS).

How has WELLNEO SUGAR stock performed?

Over six months to 6 Nov 2026 the shares returned +1.6% against -1.7% for the median peer; over one year +4.5%.

← CockpitCompetitor Analysis › 2117.T WELLNEO SUGAR Co.Ltd.Open in the cockpit ↗

WELLNEO SUGAR Co.Ltd.2117.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Staples›Agricultural Commodities/Milling

Momentum strong 60

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$555M

US dollars, full cap

Free float

37%

of shares outstanding

$/day

$444,326

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+4.5 pp

WACC 5.0%

Hurdle

-31 pp

Req g minus delivered

Next earnings

4 days

10 Nov 2026

Close · JPY¥2,717

1D-3.3%

1W-0.1%

1M+0.8%

3M-0.7%

6M+1.6%

YTD-3.8%

1Y+4.5%

ATR %1.9%

52w lowhigh10.9% off high

What WELLNEO SUGAR does

Employees: 755

WELLNEO SUGAR at a glance

Size WELLNEO SUGAR (2117.T) is a Japan Consumer Staples company (Agricultural Commodities/Milling) with a market value of $555M, the 1009th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,717 on 6 Nov 2026.

Performance Over six months the shares gained 1.6%, against -1.7% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th highest of 21 in its peer set.

Growth Revenue grew 8.3% over the last twelve months (peer median +4.1%); the operating margin is 10.2% (peer median 3.9%).

Valuation It trades at 0.8× enterprise value to sales against a peer median of 1.4× (6th cheapest of 21).

Price implies For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -31 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 4.5 points above its cost of capital (5.0% WACC).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: WELLNEO SUGAR against the median of its 20 peers (local-currency closes).

WELLNEO SUGAR financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥111B	¥113B	¥97.1B	¥92.2B	¥58.3B
Revenue growth	—	+16%	+5%	+58%	—
Gross profit	¥24.3B	¥23.4B	¥19.1B	¥15.9B	¥8.90B
EBITDA	¥13.9B	¥13.4B	¥10.9B	¥8.14B	¥3.57B
Net income	¥6.84B	¥6.47B	¥5.75B	¥5.52B	¥1.06B
Free cash flow	¥8.46B	¥6.16B	¥6.07B	¥4.87B	-¥2.21B
Capital expenditure	¥4.16B	¥4.61B	¥2.86B	¥1.79B	¥587M
Total debt	¥15.7B	¥11.4B	¥17.8B	¥10.5B	¥12.6B

Quarterly statements and history in the cockpit →

WELLNEO SUGAR competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

Up and to the right = strong over both horizons. WELLNEO SUGAR is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. WELLNEO SUGAR is the large dot.

Capital: growth delivered against growth the price implies

Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. WELLNEO SUGAR is the large dot.

WELLNEO SUGAR competitors and peer comparison

How WELLNEO SUGAR compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

WELLNEO SUGAR against its 20 peers (data as of 6 Nov 2026)
Measure	2117.T	Peer median	Rank in peer set
1-month return	+0.8%	-1.5%	8th highest of 21
6-month return	+1.6%	-1.7%	9th highest of 21
Distance from 52-week high	-10.9%	-30.5%	5th highest of 21
Revenue growth (TTM)	+8.3%	+4.1%	8th highest of 21
Operating margin	10.2%	3.9%	4th highest of 21
EV / Sales	0.8×	1.4×	6th cheapest of 21
Growth the price implies (Req g, 7 yrs)	-10.2%	0.8%	least demanding of 9
Growth delivered (Del g)	+20.9%	+4.6%	2nd highest of 9
Hurdle (Req g minus delivered)	-31.1 pp	-4.5 pp	2nd least demanding of 9
ROIC minus cost of capital	+4.5 pp	-1.7 pp	6th highest of 21
EV / EBITDA	6.7×	8.6×	3rd cheapest of 9
Net debt / EBITDA	0.4×	1.6×	4th least indebted of 12

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	EV / Sales	Req g	Delivered g
WELLNEO SUGAR 2117.T	Japan	$555M	+2%	+8%	10%	0.8×	-10.2%	+20.9%
Triveni Engineering and Industries TRIVENI.NS	India	$561M	-4%	+2%	8%	0.9×	n/a	n/a
Kadoya Sesame Mills 2612.T	Japan	$550M	+94%	-2%	10%	1.9×	0.9%	+5.0%
Inghams ING.AX	Australia	$563M	+13%	+2%	4%	0.7×	-1.2%	+3.9%
Shiyue Daotian 9676.HK	Hong Kong	$545M	-35%	+26%	7%	0.5×	n/a	n/a
Wanxiang Doneed 600371.SS	China	$544M	+41%	-13%	-11%	17.8×	n/a	n/a
Baiyang Investment 002696.SZ	China	$569M	+62%	+25%	0%	1.3×	n/a	n/a
Jiangsu Yike Food 301116.SZ	China	$538M	-28%	+6%	0%	0.3×	n/a	n/a
ForFarmers FFARM.AS	Netherlands	$537M	-18%	+7%	3%	0.2×	-9.9%	+6.0%
Baotou Huazi Industry 600191.SS	China	$582M	-37%	+56%	5%	5.7×	n/a	n/a
Gansu Dunhuang Seed 600354.SS	China	$589M	+19%	+9%	25%	2.4×	-4.7%	+4.1%
Piccadily Agro Industries PICCADIL.NS	India	$607M	-8%	+29%	20%	5.3×	n/a	n/a
Rogers Sugar RSI.TO	Canada	$618M	+2%	-6%	10%	1.1×	n/a	n/a
Solbar Ningbo Protein Technology 603231.SS	China	$493M	+1%	+20%	8%	1.3×	n/a	n/a
Dongrui Food 001201.SZ	China	$629M	+23%	+2%	-30%	3.1×	n/a	n/a
Zhanjiang Guolian Aquatic Products 300094.SZ	China	$490M	-8%	-9%	-28%	1.6×	0.7%	-6.6%
Fujian Tianma Science & Technology 603668.SS	China	$488M	-52%	+6%	-1%	1.4×	29.6%	+10.5%
Shandong Homey Aquatic Development 600467.SS	China	$486M	-9%	-21%	14%	5.0×	5.0%	-3.1%
J-Oil Mills 2613.T	Japan	$474M	+15%	+1%	2%	0.4×	n/a	n/a
Tongyi Carbon Neutral Technology (Xinjiang) 600506.SS	China	$653M	0%	+24%	2%	1.7×	21.8%	+82.4%
CNFC Overseas Fisheries 000798.SZ	China	$470M	-8%	-2%	-2%	1.4×	n/a	n/a

Questions

Which companies are WELLNEO SUGAR's closest peers?: The cockpit's peer set: Triveni Engineering and Industries (TRIVENI.NS), Kadoya Sesame Mills (2612.T), Inghams (ING.AX), Shiyue Daotian (9676.HK), Wanxiang Doneed (600371.SS), Baiyang Investment (002696.SZ), Jiangsu Yike Food (301116.SZ), ForFarmers (FFARM.AS).
Is WELLNEO SUGAR expensive compared with its peers?: On ev / sales it trades at 0.8× against a peer median of 1.4×, 6th cheapest of 21 in its peer set. For today's price to make sense, revenue must grow about -10% a year for seven years (Req g). Recent delivered growth is +21%, so the hurdle is -31 pp: the price already allows for a slowdown.
How has WELLNEO SUGAR stock performed?: Over six months to 6 Nov 2026 the shares returned +1.6% against -1.7% for the median peer; over one year +4.5%.