Asahi Group Holdings, Ltd. (2502.T) stock analysis

In our weekly check, Asahi Group Holdings, Ltd. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 6, red flags: 1.

About Asahi Group Holdings, Ltd.

Asahi Group Holdings, Ltd. is a Consumer Defensive company (Beverages - Alcoholic) based in Japan, listed on JPX as 2502.T.

What our checks show for 2502.T

Red flags

• Recovering from its deepest fall took about 4.8 years.

Warning signs

• Net debt is 3.5x a year of EBITDA (debt/equity 0.53). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 1.5 points over 5 years, to 5.4%: the company keeps less of each sale as profit.
• The net margin is only 5.4%: little room if costs rise.
• Free cash flow is only 3.6% of revenue.
• The stock has fallen as much as 49% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 5.9%.

Strengths

• Operating profit covers interest 8.6 times over.
• The gross margin is 37.9% and has risen by 2.8 points: pricing power is holding.
• Operating cash flow is 1.47x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 14.7% a year over the next years.
• A large company: market value $15.66 billion.
• Beta 0.16: the stock usually moves less than the market.

Next earnings report: 2026-11-13

Similar companies

2503.T · 600519.SS

Questions

What grade does Asahi Group Holdings, Ltd. (2502.T) have?

In our weekly check, Asahi Group Holdings, Ltd. is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 18 pass, warnings: 6, red flags: 1. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of 2502.T stock?

This week's biggest flags for Asahi Group Holdings, Ltd.: Slow recovery after falls, High debt, Margins falling. In total 7 of 25 checks show a warning or a red flag.

What does Asahi Group Holdings, Ltd. do?

Asahi Group Holdings, Ltd. is a Consumer Defensive company (Beverages - Alcoholic) based in Japan, listed on JPX as 2502.T.

When does Asahi Group Holdings, Ltd. report earnings next?

The next earnings report is expected on 2026-11-13. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

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