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8031

MitsuiTSE:8031 Stock Report

Market Cap

JP¥4.3t

7D

1.5%

1Y

51.0%

Updated

27 Oct, 2021

Data

Company Financials +
8031 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health3/6
Dividends4/6

8031 Overview

Mitsui & Co., Ltd. operates as a general trading company worldwide.

Mitsui Competitors

Sumitomo

TSE:8053

JP¥2.0t

Marubeni

TSE:8002

JP¥1.7t

Exxon Mobil

NYSE:XOM

US$271.5b

Chevron

NYSE:CVX

US$216.7b

Price History & Performance

Summary of all time highs, changes and price drops for Mitsui
Historical stock prices
Current Share PriceJP¥2,627.50
52 Week HighJP¥1,610.50
52 Week LowJP¥2,746.50
Beta0.88
1 Month Change4.58%
3 Month Change5.12%
1 Year Change51.01%
3 Year Change41.64%
5 Year Change82.59%
Change since IPO234.71%

Recent News & Updates

Shareholder Returns

8031JP Trade DistributorsJP Market
7D1.5%-0.1%-0.5%
1Y51.0%37.8%23.2%

Return vs Industry: 8031 exceeded the JP Trade Distributors industry which returned 37.8% over the past year.

Return vs Market: 8031 exceeded the JP Market which returned 23.2% over the past year.

Price Volatility

Is 8031's price volatile compared to industry and market?
8031 volatility
8031 Beta0.88
Industry Beta0.75
Market Beta1

Stable Share Price: 8031 is not significantly more volatile than the rest of JP stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 8031's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194744,509Kenichi Horihttps://www.mitsui.com/jp/en

Mitsui & Co., Ltd. operates as a general trading company worldwide. The company engages in the manufacture, export, and import of iron and steel products; automotive components, EV motors, and power trains; operation of steel processing service centers; trading of automotive, electrical, special, and stainless steel; electric-arc-furnace, construction materials processing, construction flat-rolled steel, shapes, bars, wire rods, steel structure materials, and construction pipes; manufacture, repair, and fabrication of wind turbine towers and flanges; and coal mining, power generation, ferrous alloy, infrastructure maintenance, and water pumping activities. It explores, develops, and produces oil, natural gas, and LNG; trades in petroleum products, crude oil, coal, uranium, and LNG; FPSO /FSO, fright car, truck, and locomotive leasing activities; gas distribution businesses; sells electric power facilities; and develops railway and transportation infrastructures.

Mitsui Fundamentals Summary

How do Mitsui's earnings and revenue compare to its market cap?
8031 fundamental statistics
Market CapJP¥4.27t
Earnings (TTM)JP¥464.17b
Revenue (TTM)JP¥8.82t

9.2x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8031 income statement (TTM)
RevenueJP¥8.82t
Cost of RevenueJP¥7.93t
Gross ProfitJP¥890.00b
ExpensesJP¥425.83b
EarningsJP¥464.17b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 02, 2021

Earnings per share (EPS)285.68
Gross Margin10.09%
Net Profit Margin5.26%
Debt/Equity Ratio94.8%

How did 8031 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

31%

Payout Ratio

Valuation

Is Mitsui undervalued compared to its fair value and its price relative to the market?

9.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8031 (¥2627.5) is trading below our estimate of fair value (¥2911.89)

Significantly Below Fair Value: 8031 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 8031 is good value based on its PE Ratio (9.2x) compared to the JP Trade Distributors industry average (10.3x).

PE vs Market: 8031 is good value based on its PE Ratio (9.2x) compared to the JP market (14.3x).


Price to Earnings Growth Ratio

PEG Ratio: 8031's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: 8031 is overvalued based on its PB Ratio (0.9x) compared to the JP Trade Distributors industry average (0.7x).


Future Growth

How is Mitsui forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

-5.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8031's earnings are forecast to decline over the next 3 years (-5.5% per year).

Earnings vs Market: 8031's earnings are forecast to decline over the next 3 years (-5.5% per year).

High Growth Earnings: 8031's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 8031's revenue is expected to decline over the next 3 years (-1.9% per year).

High Growth Revenue: 8031's revenue is forecast to decline over the next 3 years (-1.9% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8031's Return on Equity is forecast to be low in 3 years time (9.6%).


Past Performance

How has Mitsui performed over the past 5 years?

16.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8031 has high quality earnings.

Growing Profit Margin: 8031's current net profit margins (5.3%) are higher than last year (3.8%).


Past Earnings Growth Analysis

Earnings Trend: 8031 has become profitable over the past 5 years, growing earnings by 16.6% per year.

Accelerating Growth: 8031's earnings growth over the past year (41.1%) exceeds its 5-year average (16.6% per year).

Earnings vs Industry: 8031 earnings growth over the past year (41.1%) exceeded the Trade Distributors industry 7.4%.


Return on Equity

High ROE: 8031's Return on Equity (9.5%) is considered low.


Financial Health

How is Mitsui's financial position?


Financial Position Analysis

Short Term Liabilities: 8031's short term assets (¥4,447.7B) exceed its short term liabilities (¥2,990.4B).

Long Term Liabilities: 8031's short term assets (¥4,447.7B) do not cover its long term liabilities (¥5,049.4B).


Debt to Equity History and Analysis

Debt Level: 8031's debt to equity ratio (94.8%) is considered high.

Reducing Debt: 8031's debt to equity ratio has reduced from 138.3% to 94.8% over the past 5 years.

Debt Coverage: 8031's debt is not well covered by operating cash flow (16.4%).

Interest Coverage: 8031 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Mitsui current dividend yield, its reliability and sustainability?

3.43%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8031's dividend (3.43%) is higher than the bottom 25% of dividend payers in the JP market (1.32%).

High Dividend: 8031's dividend (3.43%) is in the top 25% of dividend payers in the JP market (3.06%)


Stability and Growth of Payments

Stable Dividend: 8031's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8031's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.6%), 8031's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Kenichi Hori (59 yo)

0.50

Tenure

Mr. Kenichi Hori has been the President and Chief Executive Officer of Mitsui & Co., Ltd. since April 01, 2021. Mr. served as Senior Executive Managing Officer at Mitsui & Co. Ltd.since April 1, 2019 unti...


Leadership Team

Experienced Management: 8031's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: 8031's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Mitsui & Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mitsui & Co., Ltd.
  • Ticker: 8031
  • Exchange: TSE
  • Founded: 1947
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: JP¥4.269t
  • Shares outstanding: 1.62b
  • Website: https://www.mitsui.com/jp/en

Number of Employees


Location

  • Mitsui & Co., Ltd.
  • 2-1, Otemachi 1-chome
  • Chiyoda-ku
  • Tokyo
  • 100-8631
  • Japan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/27 15:31
End of Day Share Price2021/10/27 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.