DB:MUJ

Stock Analysis Report

Mitsubishi Materials

Executive Summary

Mitsubishi Materials Corporation, together with its subsidiaries, manufactures and sells cement products, metals, materials and tools, and electronic materials.

Snowflake

Fundamentals

Adequate balance sheet with limited growth.


Similar Companies

Share Price & News

How has Mitsubishi Materials's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

DB:MUJ

2.6%

DE Metals and Mining

2.6%

DE Market


1 Year Return

-7.3%

DB:MUJ

-47.9%

DE Metals and Mining

-9.6%

DE Market

MUJ outperformed the Metals and Mining industry which returned -48.8% over the past year.

MUJ outperformed the Market in Germany which returned -10.8% over the past year.


Share holder returns

MUJIndustryMarket
7 Day-3.1%2.6%2.6%
30 Day-13.2%-11.4%-3.0%
90 Day-3.6%-17.7%-1.4%
1 Year-4.9%-7.3%-47.1%-47.9%-6.8%-9.6%
3 Year5.0%-8.6%-44.3%-46.2%11.0%1.5%
5 Year2.1%-15.5%-42.5%-45.6%25.6%8.2%

Price Volatility Vs. Market

How volatile is Mitsubishi Materials's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Mitsubishi Materials undervalued based on future cash flows and its price relative to the stock market?

0.55x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Mitsubishi Materials's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Mitsubishi Materials's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Mitsubishi Materials is loss making, we can't compare its value to the Europe Metals and Mining industry average.

Mitsubishi Materials is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Mitsubishi Materials, we can't assess if its growth is good value.


Price Based on Value of Assets

Mitsubishi Materials is good value based on assets compared to the DE Metals and Mining industry average.


Next Steps

Future Growth

How is Mitsubishi Materials expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

14.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Mitsubishi Materials's revenue is expected to grow by 0.6% yearly, however this is not considered high growth (20% yearly).

Mitsubishi Materials's earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).

Mitsubishi Materials's revenue growth is positive but not above the Germany market average.

Mitsubishi Materials's earnings growth is expected to exceed the Germany market average.

Mitsubishi Materials's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Mitsubishi Materials is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Mitsubishi Materials performed over the past 5 years?

-30.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Mitsubishi Materials does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Mitsubishi Materials's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Mitsubishi Materials's 1-year growth to the Europe Metals and Mining industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Mitsubishi Materials has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Mitsubishi Materials has efficiently used its assets last year compared to the Europe Metals and Mining industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Mitsubishi Materials improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Mitsubishi Materials's financial position?


Financial Position Analysis

Mitsubishi Materials is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Mitsubishi Materials's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Mitsubishi Materials's level of debt (77.1%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (127.1% vs 77.1% today).

Debt is well covered by operating cash flow (26.2%, greater than 20% of total debt).

Mitsubishi Materials is making a loss, therefore interest payments are not well covered by earnings.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.8x debt.


Next Steps

Dividend

What is Mitsubishi Materials's current dividend yield, its reliability and sustainability?

3.17%

Expected Dividend Yield


Upcoming Dividend Payment

Purchase Mitsubishi Materials before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Mitsubishi Materials's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.55%).

Mitsubishi Materials's dividend is below the markets top 25% of dividend payers in Germany (4.22%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

No dividend growth in 10 years.


Current Payout to Shareholders

The company is paying a dividend however it is incurring a loss.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Mitsubishi Materials's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average management tenure


CEO

Naoki Ono (62yo)

1.2yrs

Tenure

0

Mr. Naoki Ono has been Chief Executive Officer of Mitsubishi Materials Corporation since June 22, 2018 and also serves as its Director. Mr. Ono was Executive Vice President of Mitsubishi Materials Corporat ...


Management Age and Tenure

2.3yrs

Average Tenure

61.5yo

Average Age

The tenure for the Mitsubishi Materials management team is about average.


Board Age and Tenure

0.2yrs

Average Tenure

62.5yo

Average Age

The average tenure for the Mitsubishi Materials board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Nobuyuki Suzuki

    General Manager of Corporate Communications & General Affairs Department

    • Tenure: 0.0yrs
  • Yasunobu Suzuki (61yo)

    Senior Managing Executive Officer

    • Tenure: 4.3yrs
  • Naoki Ono (62yo)

    Chief Executive Officer & Director

    • Tenure: 1.2yrs
  • Kazuhiro Kishi

    Managing Executive Officer

    • Tenure: 2.3yrs
  • Shinichi Nakamura

    Managing Executive Officer

    • Tenure: 1.5yrs
  • Yoshikazu Yasui

    Managing Executive Officer & GM of HR & General Affairs Dept

    • Tenure: 4.3yrs
  • Makoto Shibata (58yo)

    Managing Executive Officer

    • Tenure: 1.2yrs
  • Osamu Iida (62yo)

    Executive VP

    • Tenure: 2.3yrs
  • Jun Nagano

    Exec. Officer & GM of Legal Dept.

    • Tenure: 1.6yrs
  • Hiroyuki Watanabe

    General Manager of Finance & Accounting Dept.

    • Tenure: 0.6yrs

Board Members

  • Tatsuo Wakabayashi (67yo)

    Outside Director

    • Tenure: 0.2yrs
  • Akira Takeuchi (65yo)

    Chairman

    • Tenure: 1.2yrs
    • Compensation: JP¥100.00m
  • Hiroshi Watanabe (70yo)

    Outside Director

    • Tenure: 2.2yrs
  • Hiroshi Sato (61yo)

    Outside Director

    • Tenure: 0.2yrs
  • Naoki Ono (62yo)

    Chief Executive Officer & Director

    • Tenure: 1.2yrs
  • Mariko Tokuno (65yo)

    Outside Director

    • Tenure: 3.2yrs
  • Soichi Fukui (63yo)

    Director

    • Tenure: 0.2yrs
  • Naoto Kasai (57yo)

    Outside Director

    • Tenure: 0.2yrs
  • Hiroshi Kubota (61yo)

    Director

    • Tenure: 0.2yrs
  • Makoto Shibata (58yo)

    Managing Executive Officer

    • Tenure: 1.2yrs

Company Information

Mitsubishi Materials Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Mitsubishi Materials Corporation
  • Ticker: MUJ
  • Exchange: DB
  • Founded: 1871
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: JP¥338.895b
  • Listing Market Cap: JP¥2.868b
  • Shares outstanding: 130.95m
  • Website: https://www.mmc.co.jp

Number of Employees


Location

  • Mitsubishi Materials Corporation
  • 3-2, Otemachi 1-chome
  • Chiyoda-ku
  • Tokyo
  • 100-8117
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MUJDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
5711TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
MIMT.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992

Biography

Mitsubishi Materials Corporation, together with its subsidiaries, manufactures and sells cement products, metals, materials and tools, and electronic materials. The company produces and sells ordinary Port ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 20:36
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.