Mitsubishi Electric Corp (MIELY) fair value: what the stock is really worth
As of Nov 4, 2026: fair value (intrinsic value) of Mitsubishi Electric Corp stock $45.18, price $61.78, that is 26.9% below the price, quality 63 out of 100. Rating: overvalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 1, 2026.
How to read this chart
60‑month range $15.83 – $84.61 · fair‑value band $33.03 – $60.80 · the $61.78 price screens above the $45.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 1, 2026.
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Mitsubishi Electric Corporation develops, manufactures, sells, and distributes electrical and electronic equipment in Japan, North America, rest of Asia, Europe, and internationally.
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It operates through Infrastructure, Industry & Mobility, Life, Business Platform, Semiconductor & Device, and Others segments.
The company offers public utility systems comprising rolling stock and communication systems, and supervisory control and power supply systems; energy systems consisting of power transmission and distribution systems and power demand and supply optimization solutions; and defense and space systems, including missile and radar systems, command and control systems, electric warfare and satellite systems, and satellite data solutions.
It also provides factory automation (FA) systems, such as control and drive products, processing machines, power distribution control equipment, and FA digital solutions; automotive equipment comprising electric vehicle-related equipment, ADAS-related products, vehicle control systems, and powertrain products; building systems consisting of elevators, escalators, and building management systems; and air conditioning and refrigeration systems, lighting, ventilation, and home equipment and appliances.
In addition, the company offers information systems and network services related to manufacturing dx solutions; IT infrastructure; and security solutions.
Further, it provides semiconductor and device products, including power and high-frequency devices, and optical devices, as well as procurement, real estate leasing and brokerage, advertising, and finance services.
Additionally, the company offers energy and facility, OT security, and CVC solutions; data center and information systems outsourcing services; software, control panels, switchboards, printed circuit boards, and generators; electrical construction services; and repair services.
Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Chiyoda, Japan.
Stock analysis
Mitsubishi Electric Corp (MIELY) currently trades at $61.78, while our model-based Fair Value estimate is $45.18, 27% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $56.19 per share, and 3 of the 25 models we run sit above the $61.78 price.
Bear case: the Asset-Based group reads lowest at $7.17, and 22 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $33.03 (bear) to $60.80 (bull), the price of $61.78 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Mitsubishi Electric Corp ADR reported revenue of ¥6.3T in FY2026 versus ¥4.5T in FY2022, a compound +8.7%/yr. Reported net income was ¥432B in FY2026, compounding +20.7%/yr from FY2022.
Key figures
Market cap $63.2B Large · P/E ratio 23.5 · P/S ratio 1.62 · EPS (TTM) $2.63 · Dividend yield 1.2% · Net margin 6.9% · Return on equity 10.3% · Return on assets (EBIT) 5.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −35% fair-value upside, at −27%, MIELY screens cheaper than that median.
Fair Value models
Bear$33.03Fair Value $45.18Bull$60.80
Price $61.78 · Downside -26.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then ($1.58 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+13.2%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.3%
Start year 2021 (pandemic). Over 10 years: +3.6% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
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What shareholders gained per year (last 5 years), in JPY (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in JPY: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+19.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+18.6%
Dividend (yield on the price)1.2%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.17.2% vs 7.1%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.6% → 9%
2026 sits 56% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+9.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+2.8%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about +7.2% a year for the price and +0.7% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (99 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Positive
Recent news coverage is more positive than average.
AI conclusion: Mitsubishi Electric's strength lies in power supply and thermal management for AI data centers, yet thin evidence across categories and ordinary margins without brand or switching cost support keep overall quality assessment neutral.
Main risk: Overseas manufacturers such as ABB, Schneider Electric and Eaton could capture more market share in power distribution and data center infrastructure, pressuring Mitsubishi Electric's prices and margins in its energy systems business.
Bull case: By deepening its Chip-to-Grid reference designs and collaborations with NVIDIA and others, Mitsubishi Electric could strengthen its position in AI data center infrastructure and offset competitive pressures through differentiated integrated solutions.
Bear case: If rivals expand faster in scalable power and cooling solutions for high-density AI racks, Mitsubishi Electric might see its offerings in electrical equipment become less competitive, leading to lower demand from data center operators.
Mitsubishi Electric has introduced Chip-to-Grid reference designs that integrate power supply and cooling from the chip up to the grid for NVIDIA-based AI data centers. This builds directly on its electrical equipment and thermal management capabilities to address surging infrastructure demands. Will these solutions drive meaningful expansion into new high-density computing applications or mainly enhance offerings for its established industrial customers?
Compare Mitsubishi Electric Corp ADR with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Electrical Equipment & Parts · 561 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score63 · Top 25%
Fair Value upside−26.9% · Above median
Profitability
Return on equity (12 months)10.3% · Above median
Return on assets5.9% · Above median
Net margin (12 months)7.0% · Above median
Operating margin (12 months)9.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)14.0% · Above median
Dividend yield (12 months)1.2% · Above median
Valuation Multiplesvs Electrical Equipment & Parts median · lower = cheaper
P/E (12 months)23.5× · Cheaper than median
P/B2.22× · Pricier than median
P/S (12 months)1.64× · Cheaper than median
Price / free cash flow24.8× · Cheaper than median
EV/EBITDA15.5× · Pricier than median
PEG2.61× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)70· sector 65
PAST (return on equity)41· sector 26
HEALTH (low debt)100· sector 97
DIVIDEND (yield)24· sector 23
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Mitsubishi Electric Corp ADR Fair Value". https://www.fairvalue-calculator.com/stock/MIELY
Frequently asked questions
Is Mitsubishi Electric Corp (MIELY) overvalued or undervalued?
As of Nov 1, 2026, our model estimates a fair value of $45.18 versus a price of $61.78, about 27% lower (overvalued).
What is the fair value of MIELY?
Our model-based fair value for Mitsubishi Electric Corp ADR is $45.18 (as of Nov 1, 2026), built from audited fundamentals. The current price: $61.78.
What is the quality score of MIELY?
Mitsubishi Electric Corp ADR has a Quality Score of 63/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Mitsubishi Electric Corp (MIELY)?
Our model-based price target is the fair value of $45.18 (as of Nov 1, 2026) from 25 valuation models. Cautious scenario $33.03, optimistic scenario $60.80. It is a calculation from audited fundamentals, not an analyst target.
What is the Mitsubishi Electric Corp ADR stock forecast for 2026?
Our models put fair value at $45.18, about 27% lower versus a price of $61.78 (overvalued). Cautious scenario $33.03, optimistic scenario $60.80. The calculation is refreshed regularly with new filings.
What is the revenue of Mitsubishi Electric Corp (MIELY)?
Mitsubishi Electric Corp ADR reported trailing-twelve-month revenue of about ¥6.1T (latest available figure, as of Nov 1, 2026).
Does Mitsubishi Electric Corp ADR pay a dividend?
Mitsubishi Electric Corp ADR currently shows a dividend yield of 1.21% relative to its recent price (as of Nov 1, 2026).
What growth is priced into Mitsubishi Electric Corp (MIELY)?
For today's price to be fair in a discounted-cash-flow model, Mitsubishi Electric Corp ADR would have to grow free cash flow by +9.4 % per year for five years (discount rate 8.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +8.3 % per year. As of Nov 1, 2026.
What discount rate (WACC) does the fair value of MIELY use?
Our models discount Mitsubishi Electric Corp ADR at 8.7 %: a base by market capitalisation (large), damped by beta 0.79, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Mitsubishi Electric Corp ADR that is +9.4 % per year a year over ten years, using the same discount rate (8.7 %) and the same formula as our fair value.
How much growth has Mitsubishi Electric Corp (MIELY) delivered so far?
Over the past 5 years revenue at Mitsubishi Electric Corp ADR grew +8.3 % a year. The price currently implies +9.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Mitsubishi Electric Corp (MIELY) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Mitsubishi Electric Corp ADR (+9.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Mitsubishi Electric Corp (MIELY)?
The free-cash-flow yield on the price is 4.02 %: that much free cash flow Mitsubishi Electric Corp ADR produces per unit of market value. When it exceeds the discount rate of our models (8.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Mitsubishi Electric Corp (MIELY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mitsubishi Electric Corp ADR it is $45.18 per share (as of Nov 1, 2026), against a price of $61.78. It is the blended result of 25 valuation models (cash flow, earnings, asset, dividend).
Is Mitsubishi Electric Corp ADR stock overvalued or undervalued in 2026?
As of Nov 1, 2026, MIELY trades above its calculated fair value: price $61.78, fair value $45.18, a gap of about −27% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of MIELY?
No. The price is what the market pays today ($61.78); the fair value is what the company's own numbers justify ($45.18). For Mitsubishi Electric Corp ADR the two are $16.60 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mitsubishi Electric Corp ADR worth?
The market values Mitsubishi Electric Corp ADR at about $63.2B (market capitalisation, as of Nov 1, 2026). Per share that is $61.78; our models calculate a fair value of $45.18 per share.
What do the bullish and bearish scenarios say about MIELY?
Our models span a range for Mitsubishi Electric Corp ADR: cautious scenario $33.03, base $45.18, optimistic $60.80 per share (as of Nov 1, 2026, price $61.78). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MIELY?
Mitsubishi Electric Corp ADR trades at a price-to-earnings ratio of 23.5 (as of Nov 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $45.18 is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings: 16.1. Other multiples: PEG 2.6, P/B 2.2, P/S 1.6, EV/EBITDA 15.5.
What is the PEG ratio of MIELY?
The PEG ratio of Mitsubishi Electric Corp ADR is 2.61 (P/E divided by earnings growth, as of Nov 1, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Mitsubishi Electric Corp (MIELY)?
Balance-sheet figures for Mitsubishi Electric Corp ADR (as of Nov 1, 2026): return on equity 10.3%. They feed the Quality Score of 63/100, which measures business quality independently of the share price.
How far is MIELY from its 52-week high?
Mitsubishi Electric Corp ADR trades at $61.78, about 27% below its 52-week high of $84.61 and 20% above the low of $51.58 (as of Nov 4, 2026). Distance from the high says nothing about value: that is what the fair value of $45.18 is for.
Which stocks are comparable to Mitsubishi Electric Corp ADR?
From the same area (Industrials) we also value Contemporary Amperex Technology Co, ABB Ltd, Vertiv Holdings, Delta Electronics (Thailand) Public Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mitsubishi Electric Corp ADR stock attractive at the current price?
The data as of Nov 1, 2026: price $61.78, calculated fair value $45.18 (−27%), Quality Score 63/100, from 25 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of MIELY calculated?
We run Mitsubishi Electric Corp ADR through 25 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of $45.18, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.5% above its aggregate fair value. Mitsubishi Electric Corp ADR itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Mitsubishi Electric Corp (MIELY)?
The closing price on Nov 4, 2026 was $61.78. Our model-based fair value is $45.18, about 27% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mitsubishi Electric Corp ADR right now?
Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range ($33.03 to $60.80) leaves room in how you read the outcome.
Where does the earnings growth of Mitsubishi Electric Corp (MIELY) come from?
Earnings per share at Mitsubishi Electric Corp ADR grew +5.4 % a year from 2015 to 2026. Broken into its drivers: revenue per share +3.5 %, EBIT margin +0.6 %, tax rate +0.8 %, residual (interest, one-offs) +0.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Mitsubishi Electric Corp ADR
How large is the market capitalisation of Mitsubishi Electric Corp (MIELY)?
The market capitalisation of Mitsubishi Electric Corp ADR is $63.2B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mitsubishi Electric Corp (MIELY)?
The price-to-sales ratio of Mitsubishi Electric Corp ADR is 1.62 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mitsubishi Electric Corp (MIELY)?
Earnings per share at Mitsubishi Electric Corp ADR are $2.63 (price ÷ EPS = P/E 23.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mitsubishi Electric Corp (MIELY)?
The dividend yield of Mitsubishi Electric Corp ADR is 1.2% (payout 28.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Mitsubishi Electric Corp (MIELY)?
The net margin of Mitsubishi Electric Corp ADR is 6.9% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mitsubishi Electric Corp (MIELY)?
The return on equity (ROE) of Mitsubishi Electric Corp ADR is 10.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mitsubishi Electric Corp (MIELY)?
On an EBIT basis the return on assets of Mitsubishi Electric Corp ADR is 5.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mitsubishi Electric Corp (MIELY)?
The operating margin of Mitsubishi Electric Corp ADR is 9.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mitsubishi Electric Corp (MIELY)?
Revenue at Mitsubishi Electric Corp ADR is growing +14.0% versus a year earlier (3y avg +7.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mitsubishi Electric Corp (MIELY)?
Earnings per share at Mitsubishi Electric Corp ADR are growing −14.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Mitsubishi Electric Corp (MIELY) hold?
Mitsubishi Electric Corp ADR holds more cash than debt, ¥370B net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 1, 2026