MINEBEA MITSUMI Inc. (MINBY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of MINEBEA MITSUMI Inc. stock $22.30, price $17.68, upside +26.1%, quality 50 out of 100. Rating: undervalued. Calculated from audited financials with 25 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
43‑month range $10.70 – $33.39 · fair‑value band $11.06 – $34.54 · the $17.68 price screens below the $22.30 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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MINEBEA MITSUMI Inc. manufactures and supplies machined components, electronic devices and components, automotive, and industrial machinery and home security business in Japan and internationally.
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It operates through Precision Technologies; Motor, Lighting & Sensing; Semiconductors & Electronics; Access Solutions, and other segments.
The company offers bearing products, including miniature and small-sized ball bearings, rod end and spherical bearings, roller bearings, bushings, precision machined parts for aircraft, and medium- and large-sized ball bearings for aerospace use.
It also provides bearing-related products, such as pivot assemblies and precision mechanical assemblies; and fasteners, defense related special components, and magnetic clutches and brakes.
In addition, the company offers fan motors, blowers, hybrid, permanent magnet(PM), small diameter PM stepping, brush DC, small brushless, power brushless, polygon mirror scanner, hard disk drive, high-pressure blowers, rotation angle sensors, fan units, and fluid dynamic bearing motors.
Further, it provides lighting and resonant devices; and strain gauges, force sensors, load cells, pressure sensor, torque transducers, vector sensors, digital indicators, and tensile and compression testing machines; sensors and sensor related ICs products; coils, switches, and connectors; Antennas and Wireless LAN modules; Camera actuators; power rear gate system, latches, door handles, lock sets / electrical steering column locks, switches, climate control panels, and room lamps; switches, meters, fuel pump / sensor, oil cooler, harness / cable, and seat; electric, door, and sadiot lock system; and semiconductors.
The company was formerly known as Minebea Co., Ltd. and changed its name to MINEBEA MITSUMI Inc. in January 2017. MINEBEA MITSUMI Inc. was incorporated in 1951 and is headquartered in Tokyo, Japan.
Stock analysis
MINEBEA MITSUMI Inc. (MINBY) currently trades at $17.68, while our model-based Fair Value estimate is $22.30, implying the stock looks roughly 21% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of $29.05 per share, and 12 of the 25 models we run sit above the $17.68 price.
Bear case: the Growth DCF group reads lowest at $4.87, and 13 of the 25 models stay below the price. Data coverage for this calculation is high.
Scenario range: $11.06 (bear) to $34.54 (bull), the price of $17.68 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 50/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
MINEBEA MITSUMI Inc. reported revenue of ¥1.7T in FY2026 versus ¥1.1T in FY2022, a compound +10.3%/yr. Reported net income was ¥99.0B in FY2026, compounding +9.5%/yr from FY2022.
Key figures
Market cap $8.3B Mid · P/E ratio 10.3 · P/S ratio 0.61 · EPS (TTM) $1.72 · Dividend yield 1.8% · Net margin 6.0% · Return on equity 11.9% · Return on assets (EBIT) 6.5% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 37 out of 100 (low confidence).
What moves the price
The share trades about 47% below its 52-week high and 15% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at 26%, MINBY screens cheaper than that median.
Fair Value models
Bear$11.06Fair Value $22.30Bull$34.54
Price $17.68 · Upside +26.1%
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 ($0.8542 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+9.3%
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.
+8.8%
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.
+11.0%
Start year 2021 (pandemic)
’21
’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.
≈ +9.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.0%
Dividend (yield on the price)1.8%
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.5% → 6%
⚠ Rate on operating basis: 2026 sits 67% above its own trend.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than 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).
+54.3%
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.
+4.4%
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 +51.1% a year for the price and +2.2% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (6 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.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
AI conclusion: Large scale supports expansion into AI data center and robot components, but low margins and ROE indicate limited durable competitive advantage.
Main risk: Rivals such as NSK, SKF and NTN could respond to MinebeaMitsumi's bearing expansion with their own capacity increases, pressuring prices and margins in precision bearings for data centers and robots.
Bull case: By deepening integration of its bearings, motors and sensors into AI cooling and humanoid actuators while qualifying alternative magnet sources, MinebeaMitsumi could capture more value from the robotics and data-center buildout than rivals.
Bear case: If rivals flood the market with capacity or substitutes like air bearings gain traction in precision applications, demand for MinebeaMitsumi's core mechanical components could shrink and margins in motors and bearings could erode sharply.
MinebeaMitsumi has paused acquisitions to ramp up output of bearings and motors for AI data centers and humanoid robots. Our models see it as undervalued on the strength of its cash flows in these areas. Will demand from Nvidia-linked hardware and automation deliver more growth than the company loses by stepping back from deals, or will the shift expose it to sharper swings in electronics cycles?
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.Electronic Components · 651 stocks
Beats the industry median on 10/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside+26.1% · Top 25%
Profitability
Return on equity (12 months)11.9% · Above median
Return on assets5.5% · Above median
Net margin (12 months)6.4% · Above median
Operating margin (12 months)6.2% · Below median
Growth and dividend
Revenue growth (quarter YoY)16.3% · Above median
Dividend yield (12 months)1.8% · Above median
Balance sheet
Debt / equity0.24× · Above median
Valuation Multiplesvs Electronic Components 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). "MINEBEA MITSUMI Inc. Fair Value". https://www.fairvalue-calculator.com/stock/MINBY
Frequently asked questions
Is MINEBEA MITSUMI Inc. (MINBY) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $22.30 versus a price of $17.68, about +26% upside (undervalued).
What is the fair value of MINBY?
Our model-based fair value for MINEBEA MITSUMI Inc. is $22.30 (as of Nov 8, 2026), built from audited fundamentals. The current price: $17.68.
What is the quality score of MINBY?
MINEBEA MITSUMI Inc. has a Quality Score of 50/100. 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 MINEBEA MITSUMI Inc. (MINBY)?
Our model-based price target is the fair value of $22.30 (as of Nov 8, 2026) from 25 valuation models. Cautious scenario $11.06, optimistic scenario $34.54. It is a calculation from audited fundamentals, not an analyst target.
What is the MINEBEA MITSUMI Inc. stock forecast for 2026?
Our models put fair value at $22.30, about +26% upside versus a price of $17.68 (undervalued). Cautious scenario $11.06, optimistic scenario $34.54. The calculation is refreshed regularly with new filings.
What is the revenue of MINEBEA MITSUMI Inc. (MINBY)?
MINEBEA MITSUMI Inc. reported trailing-twelve-month revenue of about ¥1.7T (latest available figure, as of Nov 8, 2026).
Does MINEBEA MITSUMI Inc. pay a dividend?
MINEBEA MITSUMI Inc. currently shows a dividend yield of 1.78% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of MINEBEA MITSUMI Inc. (MINBY) and when is the ex-dividend date?
MINEBEA MITSUMI Inc. pays a dividend of $0.316 per share a year, a dividend yield of 1.8%. The last ex-dividend date was Mar 31, 2026. The payout ratio is 20.3% of earnings. Free cash flow covers the dividend 0.36 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into MINEBEA MITSUMI Inc. (MINBY)?
For today's price to be fair in a discounted-cash-flow model, MINEBEA MITSUMI Inc. would have to grow free cash flow by +54.3 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +11.0 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of MINBY use?
Our models discount MINEBEA MITSUMI Inc. at 9.6 %: a base by market capitalisation (mid), damped by beta 0.93, 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 MINEBEA MITSUMI Inc. that is +54.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has MINEBEA MITSUMI Inc. (MINBY) delivered so far?
Over the past 5 years revenue at MINEBEA MITSUMI Inc. grew +11.0 % a year. The price currently implies free-cash-flow growth of +54.3 % per 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 MINEBEA MITSUMI Inc. (MINBY) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into MINEBEA MITSUMI Inc. (+54.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of MINEBEA MITSUMI Inc. (MINBY)?
The free-cash-flow yield on the price is 0.65 %: that much free cash flow MINEBEA MITSUMI Inc. produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of MINEBEA MITSUMI Inc. (MINBY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MINEBEA MITSUMI Inc. it is $22.30 per share (as of Nov 8, 2026), against a price of $17.68. It is the blended result of 25 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is MINEBEA MITSUMI Inc. stock overvalued or undervalued in 2026?
As of Nov 8, 2026, MINBY trades below its calculated fair value: price $17.68, fair value $22.30, a gap of about +26% (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 MINBY?
No. The price is what the market pays today ($17.68); the fair value is what the company's own numbers justify ($22.30). For MINEBEA MITSUMI Inc. the two are $4.62 per share apart. That gap is exactly why we show both numbers side by side.
How much is MINEBEA MITSUMI Inc. worth?
The market values MINEBEA MITSUMI Inc. at about $8.3B (market capitalisation, as of Nov 8, 2026). Per share that is $17.68; our models calculate a fair value of $22.30 per share.
What do the bullish and bearish scenarios say about MINBY?
Our models span a range for MINEBEA MITSUMI Inc.: cautious scenario $11.06, base $22.30, optimistic $34.54 per share (as of Nov 8, 2026, price $17.68). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MINBY?
MINEBEA MITSUMI Inc. trades at a price-to-earnings ratio of 10.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $22.30 is built from several models across several years. Other multiples: P/B 1.5, P/S 0.8, EV/EBITDA 7.1.
How solid is the balance sheet of MINEBEA MITSUMI Inc. (MINBY)?
Balance-sheet figures for MINEBEA MITSUMI Inc. (as of Nov 8, 2026): return on equity 11.9%, debt of 0.24 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is MINBY from its 52-week high?
MINEBEA MITSUMI Inc. trades at $17.68, about 47% below its 52-week high of $33.39 and 15% above the low of $15.37 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $22.30 is for.
Which stocks are comparable to MINEBEA MITSUMI Inc.?
From the same area (Technology) we also value Amphenol Corporation, Hon Hai Precision Industry Co, Corning Incorporated, Delta Electronics, Inc, 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 MINEBEA MITSUMI Inc. stock attractive at the current price?
The data as of Nov 8, 2026: price $17.68, calculated fair value $22.30 (+26%), Quality Score 50/100, 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 MINBY calculated?
We run MINEBEA MITSUMI Inc. through 25 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of $22.30 builds on their evidence-weighted average, 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 13.0% above its aggregate fair value. MINEBEA MITSUMI Inc. currently trades 21% 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 MINEBEA MITSUMI Inc. (MINBY)?
The closing price on Nov 6, 2026 was $17.68. Our model-based fair value is $22.30, about +26% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MINEBEA MITSUMI Inc. right now?
The model range is unusually wide ($11.06 to $34.54). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of MINEBEA MITSUMI Inc.
How large is the market capitalisation of MINEBEA MITSUMI Inc. (MINBY)?
The market capitalisation of MINEBEA MITSUMI Inc. is $8.3B. 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 MINEBEA MITSUMI Inc. (MINBY)?
The price-to-sales ratio of MINEBEA MITSUMI Inc. is 0.61 (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 MINEBEA MITSUMI Inc. (MINBY)?
Earnings per share at MINEBEA MITSUMI Inc. are $1.72 (price ÷ EPS = P/E 10.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of MINEBEA MITSUMI Inc. (MINBY)?
The dividend yield of MINEBEA MITSUMI Inc. is 1.8% (payout 18.3%). 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 MINEBEA MITSUMI Inc. (MINBY)?
The net margin of MINEBEA MITSUMI Inc. is 6.0% (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 MINEBEA MITSUMI Inc. (MINBY)?
The return on equity (ROE) of MINEBEA MITSUMI 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 MINEBEA MITSUMI Inc. (MINBY)?
On an EBIT basis the return on assets of MINEBEA MITSUMI Inc. is 6.5% (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 MINEBEA MITSUMI Inc. (MINBY)?
The operating margin of MINEBEA MITSUMI Inc. is 6.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MINEBEA MITSUMI Inc. (MINBY)?
Revenue at MINEBEA MITSUMI Inc. is growing +16.3% versus a year earlier (3y avg +8.8%). 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 MINEBEA MITSUMI Inc. (MINBY)?
Earnings per share at MINEBEA MITSUMI Inc. are growing +95.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does MINEBEA MITSUMI Inc. (MINBY) carry?
The net debt of MINEBEA MITSUMI Inc. is ¥255B (fiscal year 2026, ≈ 35.0 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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Broad data
Nov 8, 2026