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Mitsubishi UFJ Financial Group Inc (MBFJF) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of Mitsubishi UFJ Financial Group Inc $14.21, price $23.49, upside -39.5%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? No
  2. Good quality? Yes
  3. Add to watchlist

Financial Services · US

MU Mitsubishi UFJ Financial Group Inc logo Some data Sep 29, 2026

Mitsubishi UFJ Financial Group Inc

MBFJF · US

Stretched ValuationStrong overvaluation with only moderate quality.

!Fair value $14.21 · Strongly overvalued (−39.5%)
✓Quality 66/100
✓Healthy Growth (revenue 5y +20.5 %/yr)
✓Highly profitable · 28.5% net margin (TTM)
✓Moderate debt · generates free cash flow
✓2.8% dividend yield · Well covered
!Trails peers (5/14)
✓Wide moat 67/100
!Evidence only medium, so the estimate is less certain
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

$24.54 $2.74 Fair Value $14.21 Jun 2015 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.

How to read this chart

60‑month range $2.74 – $24.54 · fair‑value band $11.89 – $21.26 · the $23.49 price screens above the $14.21 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.

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Company profile

Mitsubishi UFJ Financial Group, Inc. operates as a bank holding company that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally.

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Mitsubishi UFJ Financial Group, Inc. operates as a bank holding company that engages in a range of financial businesses in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through seven segments: Digital Services, Retail & Commercial Banking, Japanese Corporate & Investment Banking, Global Commercial Banking, Asset Management & Investor Services, Global Corporate & Investment Banking, and Global Markets. The company offers commercial banking, trust banking, and securities products and services to retail and small-and medium-sized enterprise customers. It also provides mergers and acquisitions, debt and equity issuance, financial advice, and real estate-related services; credit cards; and trust banking and securities products and services, as well as engages in the lending, fund settlement, inheritance, asset management, business and asset succession solutions, and foreign exchange businesses. In addition, the company offers corporate banking services, such as project finance, export credit agency finance, and financing through asset-backed commercial paper; investment and transaction banking services for corporations, financial institutions, sovereign and multinational organizations, and institutional investors; and asset management and investor services, including pension fund management and administration, pension structure advisory, payments to beneficiaries, and investment trust services for retail customers. Further, it provides loans, deposits, fund transfers, hedging, and investment services, as well as corporate customers; finances for automotive and consumer goods; sells and trades in fixed-income instruments, currencies, equities, and equities; offers investment products comprising mutual funds, structured bonds, and notes; originates and distributes of financial products; and provides insurance and treasury services. Mitsubishi UFJ Financial Group, Inc. was founded in 1880 and is headquartered in Tokyo, Japan.

Stock analysis

Mitsubishi UFJ Financial Group Inc (MBFJF) currently trades at $23.49, while our model-based Fair Value estimate is $14.21, 39.5% 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 $17.63 per share, and 0 of the 6 models we run sit above the $23.49 price.

Bear case: the Dividend Discount group reads lowest at $8.25, and 6 of the 6 models stay below the price. Evidence for this calculation is medium.

Scenario range: $11.89 (bear) to $21.26 (bull), the price of $23.49 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 66/100 (solid quality), in the Financial Services sector.

Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.

Mitsubishi UFJ Financial Group Inc reported revenue of ¥13.5T in FY2026 versus ¥5.2T in FY2022, a compound +26.7%/yr. Reported net income was ¥2.4T in FY2026, compounding +21.2%/yr from FY2022.

Key figures

Market cap $242B · P/E ratio 17.8 · P/S ratio 3.21 · EPS (TTM) $1.32 · Dividend yield 2.8% · Net margin 18.1% · Return on equity 11.9% · Return on assets (EBIT) 0.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).

What moves the price

The share trades about 4% below its 52-week high and 74% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Financial Services peers we cover trades at −17% fair-value upside, at −40%, MBFJF screens richer than that median.

Fair Value models

Bear $11.89 Fair Value $14.21 Bull $21.26
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. 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. Evidence ⓘEvidence = 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.
Highest evidence
Residual Income $11.55 $13.33 $18.17 76
DDM Multi-Stage $4.61 $8.25 $10.50 66
Gordon GGM $4.61 $10.07 $16.95 65
All 6 models by family
Dividend Discount
Gordon GGM $4.61 $10.07 $16.95 65
DDM Multi-Stage $4.61 $8.25 $10.50 66
Multiples
P/E Multiple $13.38 $17.84 $22.30 63
P/B Multiple $13.22 $17.63 $22.04 55
Asset-Based
NCAV (Graham) $6.30 $8.44 $12.59 54
Economic Profit
Residual Income $11.55 $13.33 $18.17 76

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Quality Score breakdown

Overall quality 66/100

Of which business quality 71 · Market factors (momentum, volatility) 75

Profitability 30
Margins and returns on capital today
Quality Growth 59
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 78
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 81
Price trend over the last 3–12 months (market factor)
52W Momentum 93
Distance to the 52-week high (market factor)
Net Issuance 100
Share count: buybacks or dilution?

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Revenue & earnings trend

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. 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+8.8%
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.
+17.1%
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.
+20.5%
Start year 2021 (pandemic). Over 10 years: +12.3% a year
Revenue growth 35 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.
+3.3%
Profit margin (trend) ⓘ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.
19.6% (2021) → 24.7% (2026)

MBFJF screens overvalued: fair value 40% below the price. Compare with JPMorgan Chase & Co →

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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.Banks - Diversified · 43 stocks

Beats the industry median on 5/14 measures
Overall it trails its industry peers.
Valuation
Quality Score 75 · Top 25%
Fair Value upside −34.3% · Below median
Profitability
Return on equity (TTM) 11.9% · Above median
Return on assets 0.6% · Below median
Net margin (TTM) 28.5% · Below median
Operating margin (TTM) 39.5% · Below median
Growth and dividend
Revenue growth 11.7% · Above median
Dividend yield (TTM) 2.8% · Below median
Balance sheet
Debt / equity 1.18× · Below median

Valuation Multiplesvs Banks - Diversified median · lower = cheaper

P/E (TTM) 17.8× · Priciest 25%
P/B 1.70× · Pricier than median
P/S (TTM) 4.48× · Pricier than median
P/FCF 5.0× · Cheaper than median
PEG 1.84× · Pricier than median

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)0 · sector 0
FUTURE (revenue growth)59 · sector 56
PAST (return on equity)48 · sector 48
HEALTH (low debt)41 · sector 41
DIVIDEND (yield)57 · sector 69

VALUE 0: the price sits above our fair-value range.

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Banks - Diversified stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
JPMorgan Chase & Co JPM $330.83 $188.11 −43%
Industrial and Commercial Bank of China Limited 601398 ¥8.28 ¥10.93 +32%
China Construction Bank Corporation 601939 ¥10.98 ¥13.69 +25%
Bank of America Corporation BAC $55.47 $42.37 −24%
Agricultural Bank of China Limited 601288 ¥6.97 ¥12.94 +86%
Bank of China Limited 601988 ¥6.62 ¥9.86 +49%
Royal Bank of Canada RY $200.95 $130.85 −35%
Wells Fargo & Company WFC $80.05 $66.44 −17%
Citigroup Inc C $130.80 $107.10 −18%
Banco Santander, S.A SAN €11.81 €8.19 −31%

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Cite: Fair Value Calculator (2026). "Mitsubishi UFJ Financial Group Inc Fair Value". https://www.fairvalue-calculator.com/stock/MBFJF

Frequently asked questions

Is Mitsubishi UFJ Financial Group Inc (MBFJF) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of $14.21 versus a price of $23.49, about −40% upside (overvalued).
What is the fair value of MBFJF?
Our model-based fair value for Mitsubishi UFJ Financial Group Inc is $14.21 (as of Sep 29, 2026), built from audited fundamentals. The current price: $23.49.
What is the quality score of MBFJF?
Mitsubishi UFJ Financial Group Inc has a Quality Score of 66/100. 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 UFJ Financial Group Inc (MBFJF)?
Our model-based price target is the fair value of $14.21 (as of Sep 29, 2026) from 6 valuation models. Cautious scenario $11.89, optimistic scenario $21.26. It is a calculation from audited fundamentals, not an analyst target.
What is the Mitsubishi UFJ Financial Group Inc stock forecast for 2026?
Our models put fair value at $14.21, about −40% upside versus a price of $23.49 (overvalued). Cautious scenario $11.89, optimistic scenario $21.26. The calculation is refreshed regularly with new filings.
What is the revenue of Mitsubishi UFJ Financial Group Inc (MBFJF)?
Mitsubishi UFJ Financial Group Inc reported trailing-twelve-month revenue of about ¥8.5T (latest available figure, as of Sep 29, 2026).
Does Mitsubishi UFJ Financial Group Inc pay a dividend?
Mitsubishi UFJ Financial Group Inc currently shows a dividend yield of about 2.83% relative to its recent price (as of Sep 29, 2026).
What is the intrinsic value of Mitsubishi UFJ Financial Group Inc (MBFJF)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mitsubishi UFJ Financial Group Inc it is $14.21 per share (as of Sep 29, 2026), against a price of $23.49. It is the blended result of 6 valuation models (cash flow, earnings, asset, dividend).
Is Mitsubishi UFJ Financial Group Inc stock overvalued or undervalued in 2026?
As of Sep 29, 2026, MBFJF trades above its calculated fair value: price $23.49, fair value $14.21, a gap of about −40% (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 MBFJF?
No. The price is what the market pays today ($23.49); the fair value is what the company's own numbers justify ($14.21). For Mitsubishi UFJ Financial Group Inc the two are $9.28 per share apart. That gap is exactly why we show both numbers side by side.
How much is Mitsubishi UFJ Financial Group Inc worth?
The market values Mitsubishi UFJ Financial Group Inc at about $242B (market capitalisation, as of Sep 29, 2026). Per share that is $23.49; our models calculate a fair value of $14.21 per share.
What do the bullish and bearish scenarios say about MBFJF?
Our models span a range for Mitsubishi UFJ Financial Group Inc: cautious scenario $11.89, base $14.21, optimistic $21.26 per share (as of Sep 29, 2026, price $23.49). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MBFJF?
Mitsubishi UFJ Financial Group Inc trades at a price-to-earnings ratio of 17.8 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $14.21 is built from several models across several years. Other multiples: PEG 1.8, P/B 1.7, P/S 4.5.
What is the PEG ratio of MBFJF?
The PEG ratio of Mitsubishi UFJ Financial Group Inc is 1.84 (P/E divided by earnings growth, as of Sep 29, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Mitsubishi UFJ Financial Group Inc (MBFJF)?
Balance-sheet figures for Mitsubishi UFJ Financial Group Inc (as of Sep 29, 2026): return on equity 11.9%, debt of 1.18 per unit of equity. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
How far is MBFJF from its 52-week high?
Mitsubishi UFJ Financial Group Inc trades at $23.49, about 4% below its 52-week high of $24.54 and 74% above the low of $13.53 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of $14.21 is for.
Which stocks are comparable to Mitsubishi UFJ Financial Group Inc?
From the same area (Financial Services) we also value JPMorgan Chase & Co, Industrial and Commercial Bank of China Limited, China Construction Bank Corporation, Bank of America Corporation, 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 UFJ Financial Group Inc stock attractive at the current price?
The data as of Sep 29, 2026: price $23.49, calculated fair value $14.21 (−40%), Quality Score 66/100, from 6 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 MBFJF calculated?
We run Mitsubishi UFJ Financial Group Inc through 6 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 $14.21, 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 14.5 % above its aggregate fair value. Mitsubishi UFJ Financial Group Inc 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 UFJ Financial Group Inc (MBFJF)?
The closing price on Oct 2, 2026 was $23.49. Our model-based fair value is $14.21, about −40% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mitsubishi UFJ Financial Group Inc right now?
The price sits above even our optimistic bull case ($21.26). The favourable scenario is already priced in. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder. For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Where does the earnings growth of Mitsubishi UFJ Financial Group Inc (MBFJF) come from?
Earnings per share at Mitsubishi UFJ Financial Group Inc grew +14.9 % a year from 2015 to 2026. Broken into its drivers: revenue per share +17.7 %, EBIT margin −3.5 %, tax rate +0.9 %, residual (interest, one-offs) +0.2 %. 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 UFJ Financial Group Inc

How large is the market capitalisation of Mitsubishi UFJ Financial Group Inc (MBFJF)?
The market capitalisation of Mitsubishi UFJ Financial Group Inc is $242B. 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 UFJ Financial Group Inc (MBFJF)?
The price-to-sales ratio of Mitsubishi UFJ Financial Group Inc is 3.21 (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 UFJ Financial Group Inc (MBFJF)?
Earnings per share at Mitsubishi UFJ Financial Group Inc are $1.32 (price ÷ EPS = P/E 17.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mitsubishi UFJ Financial Group Inc (MBFJF)?
The dividend yield of Mitsubishi UFJ Financial Group Inc is 2.8% (payout 50.4%). 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 UFJ Financial Group Inc (MBFJF)?
The net margin of Mitsubishi UFJ Financial Group Inc is 18.1% (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 UFJ Financial Group Inc (MBFJF)?
The return on equity (ROE) of Mitsubishi UFJ Financial Group Inc is 11.9% (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 UFJ Financial Group Inc (MBFJF)?
On an EBIT basis the return on assets of Mitsubishi UFJ Financial Group Inc is 0.5% (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 UFJ Financial Group Inc (MBFJF)?
The operating margin of Mitsubishi UFJ Financial Group Inc is 39.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mitsubishi UFJ Financial Group Inc (MBFJF)?
Revenue at Mitsubishi UFJ Financial Group Inc is growing +11.7% versus a year earlier (3y avg +17.1%). 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 UFJ Financial Group Inc (MBFJF)?
Earnings per share at Mitsubishi UFJ Financial Group Inc are growing +8.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Mitsubishi UFJ Financial Group Inc (MBFJF) generate?
The free cash flow of Mitsubishi UFJ Financial Group Inc is ¥7.7T (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net cash does Mitsubishi UFJ Financial Group Inc (MBFJF) hold?
Mitsubishi UFJ Financial Group Inc holds more cash than debt, ¥12.9T net (fiscal year 2026). The company holds more cash than debt, a safety cushion.
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