MITSUBISHI MOTORS CORPORATION |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 485.1 JPY | -2.67% |
|
+4.37% | +8.04% |
| 19/04 | Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales -- 2nd Update | DJ |
| 19/04 | Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales -- Update | DJ |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 8,75,128 | 4,55,424 | 4,68,470 | 4,92,479 | 7,76,889 | 7,21,251 | - | - |
| Enterprise Value (EV) 1 | 6,05,198 | 3,55,204 | 4,96,077 | 4,61,509 | 6,09,208 | 4,25,106 | 3,58,352 | 2,86,726 |
| P/E ratio | 6.59 x | -17.7 x | -1.5 x | 6.65 x | 4.6 x | 5.24 x | 5.23 x | 5 x |
| Yield | 3.4% | 3.27% | - | - | 0.96% | 2.06% | 3.13% | 4.03% |
| Capitalization / Revenue | 0.35 x | 0.2 x | 0.32 x | 0.24 x | 0.32 x | 0.26 x | 0.25 x | 0.24 x |
| EV / Revenue | 0.24 x | 0.16 x | 0.34 x | 0.23 x | 0.25 x | 0.15 x | 0.13 x | 0.1 x |
| EV / EBITDA | 3.48 x | 4.06 x | -16.9 x | 3.27 x | 2.43 x | 1.56 x | 1.37 x | 1.04 x |
| EV / FCF | -121 x | -3.23 x | -3.47 x | 12.9 x | 5.06 x | 5.71 x | 3.83 x | 2.58 x |
| FCF Yield | -0.82% | -30.9% | -28.8% | 7.77% | 19.8% | 17.5% | 26.1% | 38.7% |
| Price to Book | 1 x | 0.59 x | 0.92 x | 0.81 x | 0.97 x | 0.78 x | 0.69 x | 0.63 x |
| Nbr of stocks (in thousands) | 14,88,313 | 14,88,313 | 14,87,205 | 14,87,852 | 14,88,292 | 14,86,808 | - | - |
| Reference price 2 | 588.0 | 306.0 | 315.0 | 331.0 | 522.0 | 485.1 | 485.1 | 485.1 |
| Announcement Date | 09/05/19 | 19/05/20 | 11/05/21 | 10/05/22 | 09/05/23 | - | - | - |
1JPY in Million2JPY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 25,14,594 | 22,70,276 | 14,55,476 | 20,38,909 | 24,58,141 | 28,13,490 | 28,50,421 | 29,52,701 |
| EBITDA 1 | 1,73,994 | 87,577 | -29,404 | 1,40,961 | 2,50,627 | 2,73,217 | 2,61,063 | 2,74,471 |
| EBIT 1 | 1,11,815 | 12,788 | -95,321 | 87,331 | 1,90,495 | 2,05,303 | 1,89,601 | 1,98,495 |
| Operating Margin | 4.45% | 0.56% | -6.55% | 4.28% | 7.75% | 7.3% | 6.65% | 6.72% |
| Earnings before Tax (EBT) 1 | 1,18,352 | 3,801 | -2,98,289 | 94,689 | 1,68,129 | 1,88,123 | 1,92,801 | 2,00,989 |
| Net income 1 | 1,32,871 | -25,779 | -3,12,317 | 74,037 | 1,68,730 | 1,37,695 | 1,37,954 | 1,44,234 |
| Net margin | 5.28% | -1.14% | -21.46% | 3.63% | 6.86% | 4.89% | 4.84% | 4.88% |
| EPS 2 | 89.26 | -17.32 | -209.9 | 49.76 | 113.4 | 92.56 | 92.76 | 96.99 |
| Free Cash Flow 1 | -4,983 | -1,09,850 | -1,42,860 | 35,842 | 1,20,431 | 74,485 | 93,582 | 1,10,925 |
| FCF margin | -0.2% | -4.84% | -9.82% | 1.76% | 4.9% | 2.65% | 3.28% | 3.76% |
| FCF Conversion (EBITDA) | - | - | - | 25.43% | 48.05% | 27.26% | 35.85% | 40.41% |
| FCF Conversion (Net income) | - | - | - | 48.41% | 71.37% | 54.09% | 67.84% | 76.91% |
| Dividend per Share 2 | 20.00 | 10.00 | - | - | 5.000 | 10.00 | 15.17 | 19.55 |
| Announcement Date | 09/05/19 | 19/05/20 | 11/05/21 | 10/05/22 | 09/05/23 | - | - | - |
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 | 2026 S1 | 2026 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,27,955 | 11,42,321 | 5,74,874 | - | 4,58,627 | 8,90,567 | 5,25,564 | 6,22,778 | 11,48,342 | 5,28,698 | 6,29,494 | 11,58,192 | 6,47,128 | 6,52,821 | 12,99,949 | 6,35,753 | 6,95,064 | 13,30,817 | 7,33,038 | 7,56,815 | 15,05,014 | 6,26,018 | 6,89,921 | 12,33,516 | 7,09,069 | 7,93,632 | 15,23,501 | 12,61,687 | 15,60,836 |
| EBITDA 1 | - | - | - | - | 27,654 | - | 43,946 | 45,435 | - | 45,152 | 69,694 | - | 83,914 | 51,867 | - | 49,006 | 75,599 | - | 73,617 | 60,299 | - | 61,300 | 67,200 | - | 63,600 | 63,100 | - | - | - |
| EBIT 1 | 10,234 | 2,554 | -82,626 | - | 14,602 | 25,186 | 30,758 | 31,387 | 62,145 | 30,783 | 53,845 | 84,628 | 69,071 | 36,796 | 1,05,867 | 45,158 | 59,031 | 1,04,189 | 55,912 | 45,362 | 1,08,690 | 39,136 | 43,803 | 64,617 | 50,520 | 50,807 | 1,17,779 | 54,693 | 1,07,632 |
| Operating Margin | 0.91% | 0.22% | -14.37% | - | 3.18% | 2.83% | 5.85% | 5.04% | 5.41% | 5.82% | 8.55% | 7.31% | 10.67% | 5.64% | 8.14% | 7.1% | 8.49% | 7.83% | 7.63% | 5.99% | 7.22% | 6.25% | 6.35% | 5.24% | 7.12% | 6.4% | 7.73% | 4.33% | 6.9% |
| Earnings before Tax (EBT) 1 | 8,097 | -4,296 | -2,10,345 | - | 18,058 | 31,962 | 33,388 | 29,339 | 62,727 | 49,250 | 51,815 | 1,01,065 | 61,792 | 5,272 | 67,064 | 61,645 | 32,262 | 93,907 | 45,517 | 52,757 | 1,05,750 | 35,999 | 44,690 | 71,079 | 50,897 | 54,537 | 1,23,135 | 62,364 | 1,13,926 |
| Net income 1 | 2,598 | - | -2,09,884 | - | 15,579 | 21,670 | 23,067 | 29,300 | 52,367 | 38,560 | 44,176 | 82,736 | 48,018 | 37,976 | 85,994 | 47,949 | 19,540 | 67,489 | 35,266 | 31,191 | 63,000 | 31,100 | 33,100 | - | 33,000 | 31,900 | - | - | - |
| Net margin | 0.23% | - | -36.51% | - | 3.4% | 2.43% | 4.39% | 4.7% | 4.56% | 7.29% | 7.02% | 7.14% | 7.42% | 5.82% | 6.62% | 7.54% | 2.81% | 5.07% | 4.81% | 4.12% | 4.19% | 4.97% | 4.8% | - | 4.65% | 4.02% | - | - | - |
| EPS 2 | 1.750 | -19.07 | -141.0 | -68.86 | 10.48 | 14.57 | 15.50 | 19.69 | 35.19 | 25.91 | 29.69 | 55.60 | 32.26 | 25.52 | 57.78 | 32.22 | 13.12 | 45.34 | 23.70 | 29.13 | 61.29 | 13.16 | 18.84 | 31.99 | 26.39 | 28.72 | 55.08 | 28.01 | 50.63 |
| Dividend per Share | 10.00 | - | - | - | - | - | - | - | - | - | - | - | - | 5.000 | 5.000 | - | 5.000 | 5.000 | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 06/11/19 | 19/05/20 | 04/11/20 | 11/05/21 | 04/11/21 | 04/11/21 | 31/01/22 | 10/05/22 | 10/05/22 | 27/07/22 | 02/11/22 | 02/11/22 | 02/02/23 | 09/05/23 | 09/05/23 | 24/07/23 | 30/10/23 | 30/10/23 | 01/02/24 | - | - | - | - | - | - | - | - | - | - |
1JPY in Million2JPY
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 27,607 | - | - | - | - | - |
| Net Cash position 1 | 2,69,930 | 1,00,220 | - | 30,970 | 1,67,681 | 2,96,145 | 3,62,899 | 4,34,525 |
| Leverage (Debt/EBITDA) | - | - | -0.9389 x | - | - | - | - | - |
| Free Cash Flow 1 | -4,983 | -1,09,850 | -1,42,860 | 35,842 | 1,20,431 | 74,485 | 93,582 | 1,10,925 |
| ROE (net income / shareholders' equity) | 16.1% | -3.1% | -48.8% | 13.3% | 24% | 15.6% | 14.2% | 13.3% |
| ROA (Net income/ Total Assets) | 6.54% | -0.19% | -5.55% | 5.34% | 8.81% | 7.49% | 6.95% | 6.91% |
| Assets 1 | 20,31,928 | 1,32,43,091 | 56,32,235 | 13,87,601 | 19,14,189 | 18,38,595 | 19,84,845 | 20,86,088 |
| Book Value Per Share 2 | 586.0 | 519.0 | 341.0 | 408.0 | 538.0 | 623.0 | 700.0 | 775.0 |
| Cash Flow per Share 2 | 131.0 | 32.90 | -166.0 | 85.80 | 154.0 | 137.0 | 137.0 | 139.0 |
| Capex 1 | 1,51,036 | 1,28,636 | 96,790 | 82,272 | 99,754 | 1,03,845 | 1,06,610 | 1,13,685 |
| Capex / Sales | 6.01% | 5.67% | 6.65% | 4.04% | 4.06% | 3.69% | 3.74% | 3.85% |
| Announcement Date | 09/05/19 | 19/05/20 | 11/05/21 | 10/05/22 | 09/05/23 | - | - | - |
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
A-
Sell
Buy
Mean consensus
HOLD
Number of Analysts
12
Last Close Price
485.1
JPY
Average target price
523.8
JPY
Spread / Average Target
+7.97%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +8.04% | 4.71B | |
| +39.16% | 311B | |
| +13.41% | 78.45B | |
| +1.66% | 69.04B | |
| +21.93% | 55.49B | |
| +23.80% | 50.78B | |
| +0.04% | 48.51B | |
| +29.09% | 44.29B | |
| +23.34% | 39.48B | |
| +24.69% | 28.77B |
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