Mitsubishi Steel Mfg. Co (0BK) fair value: what the stock is really worth
As of Oct 26, 2026: fair value (intrinsic value) of Mitsubishi Steel Mfg. Co stock €16.58, price €12.70, upside +30.5%, quality 55 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?Yes
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 27, 2026.
How to read this chart
49‑month range €5.18 – €14.12 · fair‑value band €12.44 – €20.73 · the €12.70 price screens below the €16.58 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 27, 2026.
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Mitsubishi Steel Mfg. Co., Ltd. manufactures and sells steel products, construction machinery parts, automotive parts, and machinery and equipment in Japan, North America, rest of Asia, Europe, and internationally.
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It provides steel products, including structural carbon steel and alloy steels, spring steels, non-heat treated steels, high carbon chromium bearing steels, and others; coil, heavy-duty coil, and leaf springs, stabilizer bars, springs for railway vehicles, and precision parts; as well as special alloy powders, precision castings, machined metal parts, special materials and machined products, and wear-resistant cast steel products.
The company also offers forging presses, forging manipulators, ring rolling mills, cold forging presses, magnetic separators, link conveyors, buckets, vibration isolators, scaling systems, other industrial machineries, outer casings for gas turbines, pressure vessels, and steel working products.
In addition, it provides research and development services; and sells automotive parts, construction machinery parts, wear resistant teeth for shellfish harvesting, and wood processor tire chains. The company was founded in 1917 and is headquartered in Tokyo, Japan.
Stock analysis
Mitsubishi Steel Mfg. Co (0BK) currently trades at €12.70, while our model-based Fair Value estimate is €16.58, implying the stock looks roughly 23.4% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of €22.43 per share, and 18 of the 24 models we run sit above the €12.70 price.
Bear case: the Dividend Discount group reads lowest at €3.13, and 6 of the 24 models stay below the price. Data coverage for this calculation is medium.
Scenario range: €12.44 (bear) to €20.73 (bull), the price of €12.70 sits inside 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 55/100 (solid quality), in the Basic Materials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Mitsubishi Steel Mfg. Co reported revenue of ¥155B in FY2026 versus ¥146B in FY2022, a compound +1.4%/yr. Reported net income was ¥3.1B in FY2026, compounding −6.9%/yr from FY2022.
Key figures
Market cap €192M Micro · P/E ratio 11.2 · P/S ratio 0.22 · EPS (TTM) €1.13 · Dividend yield 3.6% · Net margin 2.0% · Return on equity 8.9% · Return on assets (EBIT) 3.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 31 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 43% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −42% fair-value upside, at 31%, 0BK screens cheaper than that median.
Fair Value models
Bear€12.44Fair Value €16.58Bull€20.73
Price €12.70 · Upside +30.5%
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 (€0.3855 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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−3.2%
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.
−3.2%
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in JPY ⓘ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. Basis: EBIT basis. 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.
−1.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−5.0%
Dividend (yield on the price)3.6%
Profit margin 2022 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.4% → 3%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
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).
−0.1%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in JPY, Japan: IMF forecast 2.1% a year to 2030, 1.3% from 2016 to 2025) that is about −2.1% a year for the price.
Compare Mitsubishi Steel Mfg. Co 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.Steel · 403 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Above median
Fair Value upside+30.5% · Above median
Profitability
Return on equity (12 months)8.9% · Above median
Return on assets2.2% · Above median
Net margin (12 months)2.5% · Below median
Operating margin (12 months)3.5% · Below median
Growth and dividend
Revenue growth (quarter YoY)6.4% · Below median
Dividend yield (12 months)3.6% · Above median
Balance sheet
Debt / equity0.45× · Highest 25%
Valuation Multiplesvs Steel median · lower = cheaper
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 Steel Mfg. Co Fair Value". https://www.fairvalue-calculator.com/stock/0BK
Frequently asked questions
Is Mitsubishi Steel Mfg. Co (0BK) overvalued or undervalued?
As of Oct 27, 2026, our model estimates a fair value of €16.58 versus a price of €12.70, about +31% upside (undervalued).
What is the fair value of 0BK?
Our model-based fair value for Mitsubishi Steel Mfg. Co is €16.58 (as of Oct 27, 2026), built from audited fundamentals. The current price: €12.70.
What is the quality score of 0BK?
Mitsubishi Steel Mfg. Co has a Quality Score of 55/100. 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 Steel Mfg. Co (0BK)?
Our model-based price target is the fair value of €16.58 (as of Oct 27, 2026) from 24 valuation models. Cautious scenario €12.44, optimistic scenario €20.73. It is a calculation from audited fundamentals, not an analyst target.
What is the Mitsubishi Steel Mfg. Co stock forecast for 2026?
Our models put fair value at €16.58, about +31% upside versus a price of €12.70 (undervalued). Cautious scenario €12.44, optimistic scenario €20.73. The calculation is refreshed regularly with new filings.
What is the revenue of Mitsubishi Steel Mfg. Co (0BK)?
Mitsubishi Steel Mfg. Co reported trailing-twelve-month revenue of about ¥157B (latest available figure, as of Oct 27, 2026).
Does Mitsubishi Steel Mfg. Co pay a dividend?
Mitsubishi Steel Mfg. Co currently shows a dividend yield of 3.62% relative to its recent price (as of Oct 27, 2026).
What growth is priced into Mitsubishi Steel Mfg. Co (0BK)?
For today's price to be fair in a discounted-cash-flow model, Mitsubishi Steel Mfg. Co would have to grow free cash flow by -0.1 % per year for five years (discount rate 11.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +1.4 % per year. As of Oct 27, 2026.
What discount rate (WACC) does the fair value of 0BK use?
Our models discount Mitsubishi Steel Mfg. Co at 11.9 %: a base by market capitalisation (micro), damped by beta 0.80, country premium for Germany. 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 Steel Mfg. Co that is -0.1 % per year a year over ten years, using the same discount rate (11.9 %) and the same formula as our fair value.
How much growth has Mitsubishi Steel Mfg. Co (0BK) delivered so far?
Over the past 4 years revenue at Mitsubishi Steel Mfg. Co grew +1.4 % a year. The price currently implies -0.1 % 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 Steel Mfg. Co (0BK) growing?
The median revenue growth in the sector is +9.5 % a year. That is the yardstick for the growth priced into Mitsubishi Steel Mfg. Co (-0.1 % 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 Steel Mfg. Co (0BK)?
The free-cash-flow yield on the price is 19.14 %: that much free cash flow Mitsubishi Steel Mfg. Co produces per unit of market value. When it exceeds the discount rate of our models (11.9 %), 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 Steel Mfg. Co (0BK)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mitsubishi Steel Mfg. Co it is €16.58 per share (as of Oct 27, 2026), against a price of €12.70. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Mitsubishi Steel Mfg. Co stock overvalued or undervalued in 2026?
As of Oct 27, 2026, 0BK trades below its calculated fair value: price €12.70, fair value €16.58, a gap of about +31% (undervalued). 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 0BK?
No. The price is what the market pays today (€12.70); the fair value is what the company's own numbers justify (€16.58). For Mitsubishi Steel Mfg. Co the two are €3.88 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mitsubishi Steel Mfg. Co worth?
The market values Mitsubishi Steel Mfg. Co at about €192M (market capitalisation, as of Oct 27, 2026). Per share that is €12.70; our models calculate a fair value of €16.58 per share.
What do the bullish and bearish scenarios say about 0BK?
Our models span a range for Mitsubishi Steel Mfg. Co: cautious scenario €12.44, base €16.58, optimistic €20.73 per share (as of Oct 27, 2026, price €12.70). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0BK?
Mitsubishi Steel Mfg. Co trades at a price-to-earnings ratio of 11.2 (as of Oct 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of €16.58 is built from several models across several years. Other multiples: P/B 0.7, P/S 0.2, EV/EBITDA 4.3.
How solid is the balance sheet of Mitsubishi Steel Mfg. Co (0BK)?
Balance-sheet figures for Mitsubishi Steel Mfg. Co (as of Oct 27, 2026): return on equity 8.9%, debt of 0.45 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 0BK from its 52-week high?
Mitsubishi Steel Mfg. Co trades at €12.70, about 9% below its 52-week high of €14.01 and 43% above the low of €8.86 (as of Oct 23, 2026). Distance from the high says nothing about value: that is what the fair value of €16.58 is for.
Which stocks are comparable to Mitsubishi Steel Mfg. Co?
From the same area (Basic Materials) we also value Nucor Corporation, ArcelorMittal S.A, Steel Dynamics, Inc, JSW Steel Limited, 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 Steel Mfg. Co stock attractive at the current price?
The data as of Oct 27, 2026: price €12.70, calculated fair value €16.58 (+31%), Quality Score 55/100, from 24 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 0BK calculated?
We run Mitsubishi Steel Mfg. Co through 24 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 €16.58, 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 12.7 % above its aggregate fair value. Mitsubishi Steel Mfg. Co currently trades 23 % below its own fair value, and the market average says nothing about that. 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 Steel Mfg. Co (0BK)?
The closing price on Oct 26, 2026 was €12.70. Our model-based fair value is €16.58, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mitsubishi Steel Mfg. Co right now?
Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Mitsubishi Steel Mfg. Co
How large is the market capitalisation of Mitsubishi Steel Mfg. Co (0BK)?
The market capitalisation of Mitsubishi Steel Mfg. Co is €192M. 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 Steel Mfg. Co (0BK)?
The price-to-sales ratio of Mitsubishi Steel Mfg. Co is 0.22 (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 Steel Mfg. Co (0BK)?
Earnings per share at Mitsubishi Steel Mfg. Co are €1.13 (price ÷ EPS = P/E 11.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mitsubishi Steel Mfg. Co (0BK)?
The dividend yield of Mitsubishi Steel Mfg. Co is 3.6% (payout 40.7%). 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 Steel Mfg. Co (0BK)?
The net margin of Mitsubishi Steel Mfg. Co is 2.0% (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 Steel Mfg. Co (0BK)?
The return on equity (ROE) of Mitsubishi Steel Mfg. Co is 8.9% (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 Steel Mfg. Co (0BK)?
On an EBIT basis the return on assets of Mitsubishi Steel Mfg. Co is 3.9% (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 Steel Mfg. Co (0BK)?
The operating margin of Mitsubishi Steel Mfg. Co is 3.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mitsubishi Steel Mfg. Co (0BK)?
Revenue at Mitsubishi Steel Mfg. Co is growing +6.4% versus a year earlier (3y avg −3.2%). 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 Steel Mfg. Co (0BK)?
Earnings per share at Mitsubishi Steel Mfg. Co are growing +51.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Mitsubishi Steel Mfg. Co (0BK) carry?
The net debt of Mitsubishi Steel Mfg. Co is ¥26.3B (fiscal year 2026, ≈ 4.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Oct 27, 2026