How does MIH0's PE Ratio compare to its peers?

MIH0 is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the peer average (24.2x).

How does MIH0's PE Ratio compare vs other companies in the DE Machinery Industry?

MIH0 is expensive based on its Price-To-Earnings Ratio (31.5x) compared to the German Machinery industry average (17.2x).

What is MIH0's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate MIH0's Price-To-Earnings Fair Ratio for valuation analysis.

What is the Fair Price of MIH0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MIH0 (€26.8) is trading above our estimate of [[fair value]] (€25.71)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

MIH0 Stock Overview

Manufactures and sells heavy machinery worldwide. More details

MIH0 fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	2/6
Past Performance	5/6
Financial Health	6/6
Dividends	3/6

Rewards

Earnings are forecast to grow 13.63% per year

Earnings grew by 41% over the past year

Risk Analysis

No risks detected for MIH0 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Mitsubishi Heavy Industries, Ltd. Competitors

RATIONAL

XTRA:RAA

€9.4b

GEA Group

XTRA:G1A

€7.9b

Krones

XTRA:KRN

€3.8b

DMG MORI

XTRA:GIL

€3.6b

Price History & Performance

Summary of share price highs, lows and changes for Mitsubishi Heavy Industries
Historical stock prices
Current Share Price	JP¥26.80
52 Week High	JP¥29.80
52 Week Low	JP¥23.32
Beta	0.52
1 Month Change	-3.60%
3 Month Change	-0.74%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	14.92%

Recent updates

Shareholder Returns

	MIH0	DE Machinery	DE Market
7D	-0.7%	0.6%	0.3%
1Y	n/a	8.0%	6.9%

Return vs Industry: Insufficient data to determine how MIH0 performed against the German Machinery industry.

Return vs Market: Insufficient data to determine how MIH0 performed against the German Market.

Price Volatility

Is MIH0's price volatile compared to industry and market?
MIH0 volatility
MIH0 Average Weekly Movement	6.9%
Machinery Industry Average Movement	3.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.7%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: MIH0 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: Insufficient data to determine MIH0's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1884	77,697	Seiji Izumisawa	www.mhi.com

Mitsubishi Heavy Industries, Ltd. manufactures and sells heavy machinery worldwide. It operates through Energy Systems; Plants & Infrastructure Systems; Logistics, Thermal & Drive Systems; and Aircraft, Defense & Space segments. The company offers thermal, renewable energy, nuclear power generation, and engine power plants; oil and gas production plants; lithium-ion battery products and fuel cells; civil aircrafts and engines, aviation equipment, and maintenance, repair, and overhaul of aircrafts; and launch vehicles and services, rocket engines, reaction control systems, space stations, rocket launchers, rocket engine combustion test facilities, and electronic parts.

Mitsubishi Heavy Industries, Ltd. Fundamentals Summary

How do Mitsubishi Heavy Industries's earnings and revenue compare to its market cap?
MIH0 fundamental statistics
Market cap	€45.86b
Earnings (TTM)	€1.46b
Revenue (TTM)	€29.97b

31.5x

P/E Ratio

1.5x

P/S Ratio

Is MIH0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MIH0 income statement (TTM)
Revenue	JP¥4.89t
Cost of Revenue	JP¥3.85t
Gross Profit	JP¥1.03t
Other Expenses	JP¥795.79b
Earnings	JP¥237.20b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 04, 2025

Earnings per share (EPS)	70.54
Gross Margin	21.14%
Net Profit Margin	4.85%
Debt/Equity Ratio	58.1%

How did MIH0 perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

33%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/01 09:55
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Mitsubishi Heavy Industries, Ltd. is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kunio Sakaida	Barclays
Kenjin Hotta	BofA Global Research
Taku Ouchi	Citigroup Global Markets Japan Inc.

Mitsubishi Heavy Industries DB:MIH0 Stock Report