A modest increase in Mitsubishi Electric’s Future P/E ratio suggests heightened expectations for forward earnings, which, alongside a stable discount rate, underpins the slight upward revision of the consensus analyst price target to ¥3382.
What's in the News
- Signed collaboration with ITRI and TTL Jhunan Brewery to demonstrate CO2 capture and utilization in beer production, advancing carbon recycling technology.
- Selected by JAXA as representative organization for developing mass-producible solar cells, cover glass, and solar arrays for domestic satellite supply chain, aiming to reduce costs and strengthen supply capabilities.
- Began supplying traction systems for CAF’s DDNG trains operated by Nederlandse Spoorwegen, with ongoing deliveries and collaboration with MEDCOM to expand presence in European rail markets.
- Completed repurchase of 9,976,500 shares, representing 0.48% of outstanding shares, under previously announced buyback.
- Developed Maisart-branded language model for manufacturing edge devices and introduced a world-first compact, highly efficient 7GHz GaN power amplifier module for 5G-Advanced base stations, supporting transition to 6G.
Valuation Changes
Summary of Valuation Changes for Mitsubishi Electric
- The Consensus Analyst Price Target remained effectively unchanged, moving only marginally from ¥3332 to ¥3382.
- The Future P/E for Mitsubishi Electric has risen slightly from 19.79x to 20.27x.
- The Discount Rate for Mitsubishi Electric remained effectively unchanged, moving only marginally from 6.89% to 6.92%.
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