company background image
MES logo

Mitsubishi Estate DB:MES Stock Report

Last Price

€13.00

Market Cap

€16.4b

7D

-0.8%

1Y

7.4%

Updated

22 Dec, 2024

Data

Company Financials +

Mitsubishi Estate Co., Ltd.

DB:MES Stock Report

Market Cap: €16.4b

MES Stock Overview

Engages in the real estate activities in Japan and internationally. More details

MES fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health3/6
Dividends3/6

Rewards

Price-To-Earnings ratio (15.1x) is below the German market (15.3x)

Earnings are forecast to grow 5.36% per year

Earnings grew by 35.5% over the past year

Analysts in good agreement that stock price will rise by 36.3%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 2.05% is not well covered by free cash flows


My Notes

Capture your thoughts, links and company narrative

Mitsubishi Estate Co., Ltd. Competitors

FCR Immobilien

XTRA:FC9

€100.7m

Daiwa House Industry

TSE:1925

JP¥3.0t

Sumitomo Realty & Development

TSE:8830

JP¥2.3t

Mitsui Fudosan

TSE:8801

JP¥3.4t

Price History & Performance

Summary of share price highs, lows and changes for Mitsubishi Estate
Historical stock prices
Current Share PriceJP¥13.00
52 Week HighJP¥18.40
52 Week LowJP¥12.00
Beta0.43
1 Month Change0.78%
3 Month Change-7.14%
1 Year Change7.44%
3 Year Change6.56%
5 Year Change-24.42%
Change since IPO3.65%

Recent News & Updates

Recent updates

Shareholder Returns

MESDE Real EstateDE Market
7D-0.8%-3.6%-2.6%
1Y7.4%0.1%6.9%

Return vs Industry: MES exceeded the German Real Estate industry which returned 0.1% over the past year.

Return vs Market: MES matched the German Market which returned 6.9% over the past year.

Price Volatility

Is MES's price volatile compared to industry and market?
MES volatility
MES Average Weekly Movement4.3%
Real Estate Industry Average Movement4.6%
Market Average Movement4.8%
10% most volatile stocks in DE Market11.2%
10% least volatile stocks in DE Market2.4%

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

Volatility Over Time: MES's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
189011,045Atsushi Nakajimawww.mec.co.jp

Mitsubishi Estate Co., Ltd. engages in the real estate activities in Japan and internationally. The company develops, leases, manages, and sells office buildings and commercial facilities; operates rental offices, coworking space, virtual offices, hourly meeting rooms, home delivery storage service, commercial nursing homes, and building garages; offers real estate management, as well as building management services, such as security, facility management, cleaning, and planting services; and operates hotels and airports. It also engages in the construction, sales, management, and leasing of developed condominiums and residential houses; design and contract construction of custom-built houses; renovation and sales of condominiums; real estate brokerage; dark fiber leasing and data center housing business; provision of real estate investment, such as asset management services to investment corporations and real estate funds; architectural design and engineering business; cooling and heating supply business; and parking management business.

Mitsubishi Estate Co., Ltd. Fundamentals Summary

How do Mitsubishi Estate's earnings and revenue compare to its market cap?
MES fundamental statistics
Market cap€16.39b
Earnings (TTM)€1.08b
Revenue (TTM)€9.55b

15.1x

P/E Ratio

1.7x

P/S Ratio

Is MES overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MES income statement (TTM)
RevenueJP¥1.56t
Cost of RevenueJP¥1.16t
Gross ProfitJP¥401.19b
Other ExpensesJP¥224.28b
EarningsJP¥176.91b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 07, 2025

Earnings per share (EPS)141.98
Gross Margin25.75%
Net Profit Margin11.36%
Debt/Equity Ratio121.8%

How did MES perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

29%

Payout Ratio

Does MES pay a reliable dividends?

See MES dividend history and benchmarks
When do you need to buy MES by to receive an upcoming dividend?
Mitsubishi Estate dividend dates
Ex Dividend DateMar 28 2025
Dividend Pay DateJun 30 2025
Days until Ex dividend95 days
Days until Dividend pay date189 days

Does MES pay a reliable dividends?

See MES dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 Estate Co., Ltd. is covered by 31 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takashi HashimotoBarclays
Yasuharu SugimuraBNP Paribas Securities (Asia)
Takumi KasaiBofA Global Research