Which companies are Marudai Food's closest peers?

The cockpit's peer set: Lifeway Foods (LWAY), Kyokuyo (1301.T), Guangdong Yantang Dairy (002732.SZ), Joyvio Food (300268.SZ), Xinjiang Talimu Agriculture Development (600359.SS), Canada Packers (CPKR.TO), Panda Dairy (300898.SZ), Heritage Foods (HERITGFOOD.NS).

Is Marudai Food expensive compared with its peers?

On ev / sales it trades at 0.2× against a peer median of 1.2×, cheapest of 21 in its peer set.

How has Marudai Food stock performed?

Over six months to 6 Nov 2026 the shares returned -10.3% against -3.2% for the median peer; over one year +7.4%.

← CockpitCompetitor Analysis › 2288.T Marudai Food Co., Ltd.Open in the cockpit ↗

Marudai Food Co., Ltd.2288.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Staples›Food: Meat/Fish/Dairy

Momentum weak 32

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$325M

US dollars, full cap

Free float

63%

of shares outstanding

$/day

$1.92M

20-day average traded

Fwd P/E

n/m

no positive forecast

ROIC−WACC

+0.8 pp

WACC 5.0%

Hurdle

n/a

no reverse DCF

Next earnings

3 days

9 Nov 2026

Close · JPY¥2,034

1D-2.3%

1W+0.1%

1M-4.5%

3M-9.9%

6M-10.3%

YTD-7.4%

1Y+7.4%

ATR %2.2%

52w lowhigh17.9% off high

What Marudai Food does

Employees: 1,928

Marudai Food at a glance

Size Marudai Food (2288.T) is a Japan Consumer Staples company (Food: Meat/Fish/Dairy) with a market value of $325M, the 1315th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥2,034 on 6 Nov 2026.

Performance Over six months the shares fell 10.3%, against -3.2% for the median peer and +1.8% for the Japan market (cap-weighted) — 9th lowest of 21 in its peer set.

Growth Revenue grew 1.5% over the last twelve months (peer median +9.7%); the operating margin is 2.9% (peer median 3.3%).

Valuation It trades at 0.2× enterprise value to sales against a peer median of 1.2× (cheapest of 21).

Capital Return on invested capital runs 0.8 points above its cost of capital (5.0% WACC).

Next results Next results expected around 9 Nov 2026 (exchange calendar; dates can move).

Relative performance

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

Marudai Food financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	¥240B	¥238B	¥235B	¥229B	¥222B
Revenue growth	—	+1%	+3%	+3%	—
Gross profit	¥39.2B	¥39.6B	¥37.1B	¥34.7B	¥30.5B
EBITDA	¥11.8B	¥12.4B	¥10.2B	¥10.2B	¥6.29B
Net income	¥9.38B	¥9.79B	¥5.49B	-¥9.41B	-¥4.99B
Free cash flow	-¥1.09B	¥3.46B	-¥267M	¥5.14B	-¥2.65B
Capital expenditure	¥7.35B	¥7.07B	¥5.66B	¥4.87B	¥5.56B
Total debt	¥14.9B	¥11.4B	¥19.6B	¥21.6B	¥22.8B

Quarterly statements and history in the cockpit →

Marudai Food 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. Marudai Food is the large dot.

Fundamentals: revenue growth against valuation

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

Marudai Food competitors and peer comparison

How Marudai Food 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.

Marudai Food against its 20 peers (data as of 6 Nov 2026)
Measure	2288.T	Peer median	Rank in peer set
1-month return	-4.5%	-2.1%	9th lowest of 21
6-month return	-10.3%	-3.2%	9th lowest of 21
Distance from 52-week high	-17.9%	-25.0%	9th highest of 21
Revenue growth (TTM)	+1.5%	+9.7%	6th lowest of 21
Operating margin	2.9%	3.3%	9th lowest of 21
EV / Sales	0.2×	1.2×	cheapest of 21
ROIC minus cost of capital	+0.8 pp	-1.2 pp	7th highest of 21
Net debt / EBITDA	0.6×	1.7×	6th least indebted of 15

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
Marudai Food 2288.T	Japan	$325M	-10%	+1%	3%	0.2×	n/a	n/a
Lifeway Foods LWAY	United States	$327M	-15%	+26%	6%	1.4×	n/a	n/a
Kyokuyo 1301.T	Japan	$331M	-3%	+11%	3%	0.4×	n/a	n/a
Guangdong Yantang Dairy 002732.SZ	China	$310M	-20%	-5%	3%	1.2×	n/a	n/a
Joyvio Food 300268.SZ	China	$308M	-31%	-60%	1%	4.2×	n/a	n/a
Xinjiang Talimu Agriculture Development 600359.SS	China	$348M	-20%	-20%	-5%	6.4×	n/a	n/a
Canada Packers CPKR.TO	Canada	$300M	-23%	-7%	3%	0.5×	-0.2%	+3.9%
Panda Dairy 300898.SZ	China	$356M	-20%	+15%	10%	2.3×	17.4%	+3.4%
Heritage Foods HERITGFOOD.NS	India	$366M	+2%	+14%	3%	0.7×	n/a	n/a
Hunan Xiangjia Animal Husbandry 002982.SZ	China	$425M	-4%	+8%	2%	0.9×	n/a	n/a
Parag Milk Foods PARAGMILK.NS	India	$435M	+42%	+13%	5%	1.2×	n/a	n/a
HaiXin Foods 002702.SZ	China	$444M	-10%	+11%	-1%	2.0×	22.8%	-1.0%
Xinjiang Terun Dairy 600419.SS	China	$465M	+2%	+5%	5%	1.4×	-4.3%	+9.4%
Binggrae 005180.KS	South Korea	$472M	+9%	+4%	9%	0.3×	n/a	n/a
Masoval AS MAS.OL	Norway	$508M	+16%	-1%	4%	3.1×	28.2%	+22.3%
High Liner Foods HLF.TO	Canada	$536M	+91%	+14%	5%	0.8×	3.5%	+5.3%
Australian Agricultural AAC.AX	Australia	$553M	+2%	+9%	-47%	3.1×	n/a	n/a
Henan Huaying Agricultural Development 002321.SZ	China	$569M	-16%	+24%	1%	1.0×	n/a	n/a
Starzen 8043.T	Japan	$574M	+36%	+4%	2%	0.3×	n/a	n/a
Dodla Dairy DODLA.NS	India	$625M	-14%	+17%	4%	1.2×	33.7%	+16.2%
Mama's Creations MAMA	United States	$632M	+2%	+54%	5%	2.4×	17.6%	+33.3%

Questions

Which companies are Marudai Food's closest peers?: The cockpit's peer set: Lifeway Foods (LWAY), Kyokuyo (1301.T), Guangdong Yantang Dairy (002732.SZ), Joyvio Food (300268.SZ), Xinjiang Talimu Agriculture Development (600359.SS), Canada Packers (CPKR.TO), Panda Dairy (300898.SZ), Heritage Foods (HERITGFOOD.NS).
Is Marudai Food expensive compared with its peers?: On ev / sales it trades at 0.2× against a peer median of 1.2×, cheapest of 21 in its peer set.
How has Marudai Food stock performed?: Over six months to 6 Nov 2026 the shares returned -10.3% against -3.2% for the median peer; over one year +7.4%.