MITSUBISHI ELECTRIC CORPORATION Financials Mitsubishi Electric Corporation OTC Markets
Equities
MIELY
US6067762012
Consumer Goods Conglomerates
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 31.57 USD | +1.58% |
|
-2.02% | +12.11% |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 30,51,932 | 28,63,719 | 36,18,025 | 29,77,377 | 33,32,868 | 52,41,089 | - | - |
| Enterprise Value (EV) 1 | 28,36,146 | 27,03,163 | 32,16,050 | 25,79,659 | 30,87,756 | 48,74,785 | 47,47,240 | 45,66,866 |
| P/E ratio | 13.5 x | 12.9 x | 18.7 x | 14.8 x | 15.6 x | 18.5 x | 17.3 x | 15.2 x |
| Yield | 2.81% | 3% | 2.13% | 2.84% | 2.53% | 1.99% | 2.1% | 2.31% |
| Capitalization / Revenue | 0.68 x | 0.64 x | 0.86 x | 0.67 x | 0.67 x | 1 x | 0.99 x | 0.96 x |
| EV / Revenue | 0.63 x | 0.61 x | 0.77 x | 0.58 x | 0.62 x | 0.93 x | 0.9 x | 0.83 x |
| EV / EBITDA | 6.04 x | 5.73 x | 7.13 x | 5.57 x | 6.16 x | 9.04 x | 7.8 x | 6.8 x |
| EV / FCF | 97.3 x | 13.3 x | 8.62 x | 15.4 x | 170 x | 15.2 x | 18.5 x | 17.1 x |
| FCF Yield | 1.03% | 7.51% | 11.6% | 6.49% | 0.59% | 6.59% | 5.41% | 5.86% |
| Price to Book | 1.27 x | 1.18 x | 1.31 x | 1 x | 1.03 x | 1.4 x | 1.35 x | 1.31 x |
| Nbr of stocks (in thousands) | 21,45,471 | 21,45,108 | 21,45,286 | 21,11,615 | 21,11,415 | 20,88,499 | - | - |
| Reference price 2 | 1,422 | 1,335 | 1,686 | 1,410 | 1,578 | 2,510 | 2,510 | 2,510 |
| Announcement Date | 26/04/19 | 11/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | 26/04/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 45,19,921 | 44,62,500 | 41,91,400 | 44,76,700 | 50,03,600 | 52,57,914 | 52,92,996 | 54,83,585 |
| EBITDA 1 | 4,69,369 | 4,71,679 | 4,51,341 | 4,62,944 | 5,01,207 | 5,39,207 | 6,08,448 | 6,72,077 |
| EBIT 1 | 2,90,477 | 2,59,600 | 2,30,100 | 2,52,000 | 2,62,300 | 3,28,525 | 3,79,538 | 4,34,129 |
| Operating Margin | 6.43% | 5.82% | 5.49% | 5.63% | 5.24% | 6.25% | 7.17% | 7.92% |
| Earnings before Tax (EBT) 1 | 3,15,958 | 2,81,900 | 2,58,700 | 2,79,600 | 2,92,100 | 3,65,853 | 4,11,110 | 4,62,573 |
| Net income 1 | 2,26,648 | 2,21,800 | 1,93,100 | 2,03,400 | 2,13,900 | 2,84,949 | 3,02,691 | 3,43,023 |
| Net margin | 5.01% | 4.97% | 4.61% | 4.54% | 4.27% | 5.42% | 5.72% | 6.26% |
| EPS 2 | 105.6 | 103.4 | 90.03 | 95.41 | 101.3 | 135.7 | 145.2 | 164.7 |
| Free Cash Flow 1 | 29,149 | 2,03,001 | 3,73,199 | 1,67,504 | 18,178 | 3,21,360 | 2,56,716 | 2,67,508 |
| FCF margin | 0.64% | 4.55% | 8.9% | 3.74% | 0.36% | 6.11% | 4.85% | 4.88% |
| FCF Conversion (EBITDA) | 6.21% | 43.04% | 82.69% | 36.18% | 3.63% | 59.6% | 42.19% | 39.8% |
| FCF Conversion (Net income) | 12.86% | 91.52% | 193.27% | 82.35% | 8.5% | 112.78% | 84.81% | 77.99% |
| Dividend per Share 2 | 40.00 | 40.00 | 36.00 | 40.00 | 40.00 | 50.00 | 52.69 | 57.86 |
| Announcement Date | 26/04/19 | 11/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | 26/04/24 | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2023 S2 | 2024 Q1 | 2024 Q2 | 2024 S1 | 2024 Q3 | 2024 Q4 | 2024 S2 | 2025 Q1 | 2025 Q2 | 2025 S1 | 2025 Q3 | 2025 Q4 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 21,82,528 | 22,79,972 | 19,02,000 | 22,89,376 | 10,71,900 | 21,38,300 | 10,42,800 | 12,95,400 | 23,38,400 | 10,67,700 | 12,71,800 | 23,39,500 | 12,25,670 | 14,38,000 | 26,64,100 | 12,20,300 | 13,18,100 | 25,38,400 | 12,43,929 | 14,75,585 | 27,19,514 | 12,31,777 | 13,21,877 | 25,50,000 | 12,79,115 | 14,63,880 | 27,80,000 |
| EBITDA 1 | - | - | - | - | 1,33,038 | - | 1,04,857 | 96,220 | - | 82,710 | 98,343 | - | 1,37,526 | 1,82,628 | - | 1,07,914 | 1,24,095 | - | 1,40,274 | 1,66,924 | - | 1,18,707 | 1,21,615 | - | 1,50,448 | 2,29,303 | - |
| EBIT 1 | 1,14,230 | 1,45,370 | 61,300 | 1,68,800 | 55,100 | 1,37,800 | 52,300 | 61,800 | 1,14,200 | 33,900 | 46,500 | 80,500 | 82,722 | 99,100 | 1,81,800 | 61,000 | 74,800 | 1,35,800 | 86,461 | 1,06,264 | 1,92,725 | 70,282 | 81,887 | 1,45,000 | 94,404 | 1,48,123 | 2,45,000 |
| Operating Margin | 5.23% | 6.38% | 3.22% | 7.37% | 5.14% | 6.44% | 5.02% | 4.77% | 4.88% | 3.18% | 3.66% | 3.44% | 6.75% | 6.89% | 6.82% | 5% | 5.67% | 5.35% | 6.95% | 7.2% | 7.09% | 5.71% | 6.19% | 5.69% | 7.38% | 10.12% | 8.81% |
| Earnings before Tax (EBT) 1 | 1,24,022 | 1,57,878 | 75,600 | 1,83,100 | 58,800 | 1,48,300 | 58,800 | 72,400 | 1,31,300 | 46,800 | 56,200 | 1,03,100 | 85,959 | 1,03,041 | 1,89,000 | 76,800 | 82,900 | 1,59,700 | 89,214 | 1,16,939 | 2,06,153 | 87,000 | 91,500 | - | 1,03,750 | 1,52,750 | - |
| Net income 1 | 91,253 | 1,30,547 | 48,200 | 1,44,869 | 43,000 | 1,04,800 | 43,600 | 54,900 | 98,600 | 33,400 | 41,300 | 74,800 | 64,518 | 74,582 | 1,39,100 | 57,800 | 62,300 | 1,20,200 | 65,772 | 98,977 | 1,64,749 | 57,615 | 62,416 | 1,19,000 | 76,058 | 1,19,768 | 1,96,000 |
| Net margin | 4.18% | 5.73% | 2.53% | 6.33% | 4.01% | 4.9% | 4.18% | 4.24% | 4.22% | 3.13% | 3.25% | 3.2% | 5.26% | 5.19% | 5.22% | 4.74% | 4.73% | 4.74% | 5.29% | 6.71% | 6.06% | 4.68% | 4.72% | 4.67% | 5.95% | 8.18% | 7.05% |
| EPS 2 | 42.54 | 60.87 | 22.48 | 67.55 | 20.12 | 48.94 | 20.50 | 25.97 | 46.47 | 15.86 | 19.57 | 35.43 | 30.56 | 35.31 | 65.87 | 27.41 | 29.67 | 57.08 | 31.43 | 47.23 | 78.66 | 26.67 | 31.25 | - | 37.02 | 55.78 | - |
| Dividend per Share 2 | 14.00 | 26.00 | 10.00 | 26.00 | 14.00 | 14.00 | - | 26.00 | 26.00 | - | 14.00 | 14.00 | - | 26.00 | 26.00 | - | 20.00 | 20.00 | - | 30.00 | 30.00 | - | 20.00 | - | - | 30.00 | - |
| Announcement Date | 31/10/19 | 11/05/20 | 29/10/20 | 28/04/21 | 28/10/21 | 28/10/21 | 02/02/22 | 28/04/22 | 28/04/22 | 28/07/22 | 28/10/22 | 28/10/22 | 02/02/23 | 28/04/23 | 28/04/23 | 31/07/23 | 31/10/23 | 31/10/23 | 05/02/24 | 26/04/24 | 26/04/24 | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 2,15,786 | 1,60,556 | 4,01,975 | 3,97,718 | 2,45,112 | 3,70,748 | 4,93,848 | 6,74,223 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 29,149 | 2,03,001 | 3,73,199 | 1,67,504 | 18,178 | 3,21,360 | 2,56,716 | 2,67,509 |
| ROE (net income / shareholders' equity) | 9.7% | 9.2% | 7.5% | 7.1% | 6.9% | 8.2% | 7.96% | 8.86% |
| ROA (Net income/ Total Assets) | 7.33% | 6.43% | 5.62% | 5.65% | 5.47% | 6.23% | 5.16% | 5.57% |
| Assets 1 | 30,91,993 | 34,47,504 | 34,35,705 | 36,01,913 | 39,13,175 | 45,75,759 | 58,69,290 | 61,57,077 |
| Book Value Per Share 2 | 1,119 | 1,133 | 1,284 | 1,409 | 1,534 | 1,791 | 1,856 | 1,921 |
| Cash Flow per Share 2 | 189.0 | 202.0 | 193.0 | 194.0 | 214.0 | 236.0 | 250.0 | 279.0 |
| Capex 1 | 1,88,042 | 1,92,833 | 1,68,920 | 1,34,337 | 1,51,117 | 1,75,756 | 2,48,678 | 2,34,324 |
| Capex / Sales | 4.16% | 4.32% | 4.03% | 3% | 3.02% | 3.34% | 4.7% | 4.27% |
| Announcement Date | 26/04/19 | 11/05/20 | 28/04/21 | 28/04/22 | 28/04/23 | 26/04/24 | - | - |
1JPY in Million2JPY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
15
Last Close Price
2,510
JPY
Average target price
2,822
JPY
Spread / Average Target
+12.44%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +15.01% | 894B | |
| +3.00% | 246B | |
| +25.79% | 176B | |
| +72.32% | 97.11B | |
| -7.39% | 72.39B | |
| -5.79% | 56.99B | |
| +100.70% | 33.95B | |
| -34.57% | 33.49B | |
| +13.59% | 29.74B |
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