Does Mitsubishi Electric (TSE:6503) Have A Healthy Balance Sheet?
May 31
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Japanese (NIKKEI) Heavy Electrical Equipment Industry Analysis
UpdatedJun 03, 2025
DataAggregated Company Financials
Companies6
- 7D-3.6%
- 3M19.9%
- 1Y5.6%
- YTDn/a
Over the last 7 days, the Heavy Electrical Equipment industry has dropped 2.2%, driven by a pullback from Mitsubishi Electric of 4.4%. Meanwhile, Sinfonia TechnologyLtd actually outperformed within the industry, gaining 17% in the last week. Over the past 12 months, the industry was up 7.3%. Earnings are forecast to grow by 7.7% annually.
Industry Valuation and Performance
Has the Japanese Heavy Electrical Equipment Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 03 Jun 2025 | JP¥6.4t | JP¥5.9t | JP¥351.5b | 12x | 18.2x | 1.1x |
| Thu, 01 May 2025 | JP¥6.1t | JP¥5.9t | JP¥351.0b | 11.7x | 17.4x | 1x |
| Sat, 29 Mar 2025 | JP¥6.3t | JP¥5.9t | JP¥373.4b | 12.2x | 16.8x | 1.1x |
| Mon, 24 Feb 2025 | JP¥5.3t | JP¥5.9t | JP¥373.4b | 13.3x | 14.2x | 0.9x |
| Wed, 22 Jan 2025 | JP¥5.7t | JP¥5.7t | JP¥312.3b | 11.2x | 18.4x | 1x |
| Fri, 20 Dec 2024 | JP¥5.8t | JP¥5.7t | JP¥311.8b | 11.6x | 18.7x | 1x |
| Sun, 17 Nov 2024 | JP¥6.1t | JP¥5.7t | JP¥311.8b | 11.6x | 19.5x | 1.1x |
| Tue, 15 Oct 2024 | JP¥5.3t | JP¥5.7t | JP¥303.7b | 11.4x | 17.5x | 0.9x |
| Thu, 12 Sep 2024 | JP¥4.9t | JP¥5.7t | JP¥303.7b | 10.4x | 16.2x | 0.9x |
| Sat, 10 Aug 2024 | JP¥4.6t | JP¥5.7t | JP¥303.7b | 10.7x | 15.1x | 0.8x |
| Mon, 08 Jul 2024 | JP¥6.0t | JP¥5.6t | JP¥311.2b | 12.2x | 19.3x | 1.1x |
| Wed, 05 Jun 2024 | JP¥6.1t | JP¥5.6t | JP¥311.2b | 12.7x | 19.7x | 1.1x |
| Fri, 03 May 2024 | JP¥6.3t | JP¥5.6t | JP¥309.9b | 13x | 20.3x | 1.1x |
| Sun, 31 Mar 2024 | JP¥5.6t | JP¥5.6t | JP¥285.6b | 13x | 19.6x | 1x |
| Tue, 27 Feb 2024 | JP¥5.3t | JP¥5.6t | JP¥285.6b | 11.7x | 18.4x | 0.9x |
| Thu, 25 Jan 2024 | JP¥5.0t | JP¥5.7t | JP¥291.7b | 12.6x | 17.1x | 0.9x |
| Sat, 23 Dec 2023 | JP¥4.7t | JP¥5.7t | JP¥291.4b | 12.6x | 16x | 0.8x |
| Mon, 20 Nov 2023 | JP¥4.7t | JP¥5.9t | JP¥298.0b | 11.4x | 15.7x | 0.8x |
| Wed, 18 Oct 2023 | JP¥4.2t | JP¥5.9t | JP¥277.1b | 12x | 15.3x | 0.7x |
| Fri, 15 Sep 2023 | JP¥4.4t | JP¥5.9t | JP¥277.2b | 11.6x | 15.8x | 0.7x |
| Sun, 13 Aug 2023 | JP¥4.5t | JP¥5.8t | JP¥276.1b | 11.3x | 16.2x | 0.8x |
| Tue, 11 Jul 2023 | JP¥4.8t | JP¥5.7t | JP¥251.3b | 13.8x | 19x | 0.8x |
| Thu, 08 Jun 2023 | JP¥4.7t | JP¥5.7t | JP¥251.3b | 13.6x | 18.7x | 0.8x |
| Sat, 06 May 2023 | JP¥4.2t | JP¥5.7t | JP¥247.9b | 13.6x | 16.7x | 0.7x |
| Mon, 03 Apr 2023 | JP¥3.8t | JP¥5.5t | JP¥228.0b | 13.6x | 16.8x | 0.7x |
| Wed, 01 Mar 2023 | JP¥3.7t | JP¥5.5t | JP¥228.0b | 13.5x | 16.2x | 0.7x |
| Fri, 27 Jan 2023 | JP¥3.3t | JP¥5.3t | JP¥205.0b | 11.3x | 16.2x | 0.6x |
| Sun, 25 Dec 2022 | JP¥3.1t | JP¥5.3t | JP¥205.2b | 11.4x | 15.2x | 0.6x |
| Tue, 22 Nov 2022 | JP¥3.3t | JP¥5.3t | JP¥205.2b | 12.1x | 16.1x | 0.6x |
| Thu, 20 Oct 2022 | JP¥3.3t | JP¥5.0t | JP¥204.3b | 12x | 16.1x | 0.7x |
| Sat, 17 Sep 2022 | JP¥3.2t | JP¥5.0t | JP¥204.2b | 12.2x | 15.8x | 0.6x |
| Mon, 15 Aug 2022 | JP¥3.3t | JP¥5.0t | JP¥204.1b | 13.5x | 16.4x | 0.7x |
| Wed, 13 Jul 2022 | JP¥3.4t | JP¥5.0t | JP¥234.7b | 11.9x | 14.5x | 0.7x |
| Fri, 10 Jun 2022 | JP¥3.5t | JP¥5.0t | JP¥234.7b | 12.8x | 14.9x | 0.7x |
Price to Earnings Ratio
14.9x
Current Industry PE
- Investors are relatively neutral on the Japanese Heavy Electrical Equipment industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 16.9x.
- The 3-year average PS ratio of 0.84x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Heavy Electrical Equipment industry have grown 14% per year over the last three years.
- Revenues for these companies have grown 6.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Japanese Heavy Electrical Equipment compare with similar industries?
| JP Market | 0.96% | |
| Industrials | 0.92% | |
| Electrical | -0.84% | |
| Heavy Electrical Equipment | -3.60% | |
| Electrical Components | 1.38% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 6507 Sinfonia TechnologyLtd | JP¥8.53k | 12.4% +JP¥26.5b | 149.1% | PE19.9x | |
| 6653 Seiko Electric | JP¥1.34k | 2.3% +JP¥404.8m | -11.1% | PE11.2x |
