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Market Cap

JP¥4.7t

Last Updated

2021/05/07 08:08 UTC

Data Sources

Company Financials +

Executive Summary

Mitsubishi Corporation engages in the natural gas, industrial materials, petroleum and chemicals, mineral resources, industrial infrastructure, automotive and mobility, food industry, consumer industry, power solution, and urban development businesses worldwide. More Details


Snowflake Analysis

Good value with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8058 is less volatile than 75% of JP stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 8058's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.4%

8058

4.0%

JP Trade Distributors

0.7%

JP Market


1 Year Return

29.4%

8058

51.9%

JP Trade Distributors

34.0%

JP Market

Return vs Industry: 8058 underperformed the JP Trade Distributors industry which returned 51.9% over the past year.

Return vs Market: 8058 underperformed the JP Market which returned 34% over the past year.


Shareholder returns

8058IndustryMarket
7 Day0.4%4.0%0.7%
30 Day-2.6%0.2%-1.4%
90 Day10.2%13.0%1.3%
1 Year35.6%29.4%57.2%51.9%36.9%34.0%
3 Year8.5%-5.2%30.0%15.8%16.0%8.0%
5 Year105.0%66.3%119.4%83.3%59.2%41.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

23.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8058 (¥3031) is trading below our estimate of fair value (¥3976.76)

Significantly Below Fair Value: 8058 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8058 is poor value based on its PE Ratio (13.6x) compared to the JP Trade Distributors industry average (12x).

PE vs Market: 8058 is good value based on its PE Ratio (13.6x) compared to the JP market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: 8058 is good value based on its PEG Ratio (0.7x)


Price to Book Ratio

PB vs Industry: 8058 is overvalued based on its PB Ratio (0.8x) compared to the JP Trade Distributors industry average (0.7x).


Future Growth

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

20.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 8058's forecast earnings growth (20.6% per year) is above the savings rate (0%).

Earnings vs Market: 8058's earnings (20.6% per year) are forecast to grow faster than the JP market (15% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 8058's revenue (6.2% per year) is forecast to grow faster than the JP market (5.6% per year).

High Growth Revenue: 8058's revenue (6.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 8058's Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Mitsubishi performed over the past 5 years?

22.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8058 has high quality earnings.

Growing Profit Margin: 8058's current net profit margins (2.7%) are lower than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: 8058's earnings have grown significantly by 22.3% per year over the past 5 years.

Accelerating Growth: 8058's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8058 had negative earnings growth (-36.6%) over the past year, making it difficult to compare to the Trade Distributors industry average (-14.3%).


Return on Equity

High ROE: 8058's Return on Equity (5.9%) is considered low.


Financial Health

How is Mitsubishi's financial position?


Financial Position Analysis

Short Term Liabilities: 8058's short term assets (¥7,167.7B) exceed its short term liabilities (¥5,593.3B).

Long Term Liabilities: 8058's short term assets (¥7,167.7B) exceed its long term liabilities (¥6,663.0B).


Debt to Equity History and Analysis

Debt Level: 8058's debt to equity ratio (92.9%) is considered high.

Reducing Debt: 8058's debt to equity ratio has reduced from 108.9% to 92.9% over the past 5 years.

Debt Coverage: 8058's debt is not well covered by operating cash flow (17.2%).

Interest Coverage: 8058 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

4.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8058's dividend (4.42%) is higher than the bottom 25% of dividend payers in the JP market (1.25%).

High Dividend: 8058's dividend (4.42%) is in the top 25% of dividend payers in the JP market (2.86%)


Stability and Growth of Payments

Stable Dividend: 8058's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8058's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (60.4%), 8058's dividend payments are 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?

5.1yrs

Average management tenure


CEO

Takehiko Kakiuchi (65 yo)

5.08yrs

Tenure

JP¥262,000,000

Compensation

Mr. Takehiko Kakiuchi has been the Chief Executive Officer and President of Mitsubishi Corporation since April 1, 2016. Mr. Kakiuchi served as an Executive Vice President and Group Chief Executive Officer ...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Takehiko's total compensation is reasonable compared to companies of similar size in the JP market.

Compensation vs Earnings: Insufficient data to compare Takehiko's compensation with company performance.


Leadership Team

Experienced Management: 8058's management team is seasoned and experienced (5.1 years average tenure).


Board Members

Experienced Board: 8058's board of directors are considered experienced (4.4 years average tenure).


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

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


Key Information

  • Name: Mitsubishi Corporation
  • Ticker: 8058
  • Exchange: TSE
  • Founded: 1950
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: JP¥4.658t
  • Shares outstanding: 1.48b
  • Website: https://www.mitsubishicorp.com

Number of Employees


Location

  • Mitsubishi Corporation
  • Mitsubishi Shoji Building
  • 3-1, Marunouchi 2-Chome
  • Tokyo
  • 100-8086
  • Japan

Listings


Biography

Mitsubishi Corporation engages in the natural gas, industrial materials, petroleum and chemicals, mineral resources, industrial infrastructure, automotive and mobility, food industry, consumer industry, po...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 08:08
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
Annual Earnings2020/03/31


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.