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Mitsubishi Corporation (MSBHF) Fair Value & Analysis

Industrials · US · Market cap $109B

MC Mitsubishi Corporation logo Mitsubishi Corporation MSBHF · US
Price$30.00
Fair Value$22.81
Upside-24.0%
Quality60/100
Healthy Growth
Thin margins · 4.2% net margin
Low debt · generates free cash flow
2.63% dividend yield
Mixed vs. peers (6/15)
Narrow moat 36/100
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Evidence: High Range $17.11 – $28.52 Share as image

Fair value as of: Jul 27, 2026

From 26 valuation models · updated 9 days ago

Fair value updated Jul 27, 2026, revised from $23.19 to $22.81 (−1.6%) since Jun 26, 2026. Share price +12.5% over the past month.

A solid business, but screening 24% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case ($28.52). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

$37.06 $6.90 Fair Value $22.81 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range $6.90 – $37.06 · fair‑value band $17.11 – $28.52 · the $30.00 price screens above the $22.81 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

Which stocks are undervalued right now? Check free Discover now →

Analysis

Mitsubishi Corporation (MSBHF) currently trades at $30.00, while our model-based Fair Value estimate is $22.81, implying the stock looks roughly 24.0% overvalued today. We read business quality at 60/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Mitsubishi Corporation generated revenue of $18.9T at a net margin of 4.2%. Revenue grew 12.0% year over year. It earns a return on equity of 9.0%. Net debt stands at $4.7T. Fundamentals as of Jul 27, 2026

Our scenario range runs from $17.11 (bear case) to $28.52 (bull case); at $30.00, the current price sits above that range. The share trades about 21% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at -24%, MSBHF screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF $19.93 $31.90 $49.17 80
Residual Income $14.55 $15.75 $19.14 76
Rev-Margin DCF $8.41 $13.56 $19.67 74
All 26 models by family
DCF Models
FCF DCF $19.57 $33.17 $54.15 38
Owner Earnings $13.49 $23.60 $39.19 31
5Y Revenue Exit $8.41 $13.25 $19.12 39
5Y EBITDA Exit $12.52 $21.00 $30.74 41
5Y P/E Exit $16.81 $29.09 $41.97 38
10Y Revenue Exit $12.00 $17.41 $24.19 36
10Y EBITDA Exit $14.84 $22.81 $33.12 37
10Y P/E Exit $17.58 $28.45 $41.75 35
Earnings-Based
Graham-Dodd $9.90 $31.90 $42.58 54
Lynch FV $7.09 $10.13 $13.17 50
PEG = 1.0 $7.09 $10.13 $13.17 46
EPV $0.0180 $0.7085 $1.31 59
Dividend Discount
Gordon GGM $6.78 $14.09 $22.36 70
DDM Multi-Stage $6.78 $11.39 $14.79 61
Multiples
P/E Multiple $21.83 $29.11 $36.38 63
P/S Multiple $18.56 $24.74 $30.93 58
P/B Multiple $18.56 $24.74 $30.93 55
EV/EBIT $6.15 $9.58 $13.00 53
EV/EBITDA $10.35 $15.17 $20.00 54
EV/Revenue $2.80 $5.77 $8.74 43
Asset-Based
NCAV (Graham) $8.58 $11.50 $17.16 50
Growth DCF
Growth DCF $19.93 $31.90 $49.17 80
Rev-Margin DCF $8.41 $13.56 $19.67 74
Economic Profit
Residual Income $14.55 $15.75 $19.14 76
ROIC Compounder $0.0180 $0.7085 $1.31 72
Growth Earnings
Growth-Adj P/E $18.38 $26.25 $34.13 68

Widest divergence: Growth Earnings ($26.25) versus Economic Profit ($0.7085). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) $18.9T
Revenue growth (YoY) +12.0%
Net margin 4.2%
Return on equity 9.0%
Free cash flow $1.1T FY2026
P/E ratio 22.7
More key figures
Operating margin 1.9%
EPS (TTM) $1.31
Dividend yield 2.6%
EPS growth (YoY) +68.3%
Net debt $4.7T FY2026

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 52 · Market factors (momentum, volatility) 71

Profitability 34
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 64
Price trend over the last 3–12 months (market factor)
52W Momentum 79
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Mitsubishi Corporation engages in the global environment and energy, material solutions, metal resources, social infrastructure, mobility, food industry, SLC, and power solutions businesses in Japan and internationally.

Full company description

Mitsubishi Corporation engages in the global environment and energy, material solutions, metal resources, social infrastructure, mobility, food industry, SLC, and power solutions businesses in Japan and internationally. The Global Environmental Energy segment engages in the development and production of natural gas and liquefied natural gas (LNG), LPG, and petroleum products; and development of energy businesses. The Material Solutions segment is involved in sales transactions; and business investment and business development in material-related fields, including petrochemicals, basic chemicals, functional materials, carbon/ceramics, and steel products. The Mineral Resources segment engages in the investment and development of metal resources, such as copper, coking coal, iron ore, aluminum, lithium, and nickel; and supplies raw materials for steel and non-ferrous metals. The Urban Development & Infrastructure segment develops power generation, ships, aerospace, industrial machinery, energy infrastructure, and vinegar. The Mobility segment is involved in the automotive value chain business, including sales, sales financing, after-sales services for automobiles, and mobility service businesses; and mobility-related businesses. The Food industry segment sells food, fresh produce, consumer goods, and food ingredients. The S.L.C. segment is involved in C2B business. The Power Solutions segment engages in power generation, trading, and retail electricity, as well as power transmission and hydrogen energy development. The company was incorporated in 1950 and is headquartered in Tokyo, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mitsubishi Corporation reported revenue of ¥19.0T in FY2026 versus ¥17.3T in FY2022, a compound +2.5%/yr. Reported net income was ¥805B in FY2026, compounding −3.7%/yr from FY2022.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
$19.0T
Latest YoY
+2.2%
Avg. growth/yr (3Y)
−4.1%
Avg. growth/yr (5Y)
+8.1%
Avg. growth/yr (20Y)
+7.1%
Revenue +2.5%/yr
FY22 ¥17.3T
FY23 ¥21.6T
FY24 ¥19.6T
FY25 ¥18.6T
FY26 ¥19.0T
Net income −3.7%/yr
FY22 ¥938B
FY23 ¥1.2T
FY24 ¥964B
FY25 ¥951B
FY26 ¥805B

MSBHF screens 24% overvalued. Compare with CITIC Limited →

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Cite: Fair Value Calculator (2026). "Mitsubishi Corporation Fair Value". https://www.fairvalue-calculator.com/stock/MSBHF

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Conglomerates · 376 stocks

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.

Quality Score 61 · Top 25%
Fair Value upside −27% · Below median
Return on equity (TTM) 9% · Above median
Return on assets 1% · Below median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 2.6% · Above median
Debt / equity 0.44× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 22.7× · Pricier than median
P/B 1.79× · Pricier than median
P/S (TTM) 0.90× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 28.2× · Pricier than 75% of peers
PEG 1.76× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 14
FUTURE 60 · sector 15
PAST 36 · sector 18
HEALTH 78 · sector 89
DIVIDEND 53 · sector 39

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

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
Swire Pacific Limited 0019 HK$99.50 HK$16.77 -83%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
Grupo Carso, S.A. GCARSOA1 127.02 MXN 66.21 MXN -48%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%

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Frequently asked questions

Is Mitsubishi Corporation (MSBHF) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of $22.81 versus a price of $30.00, about −24% (overvalued).
What is the fair value of MSBHF?
Our model-based fair value for Mitsubishi Corporation is $22.81 (as of Jul 27, 2026), built from audited fundamentals. The current price is $30.00.
What is the quality score of MSBHF?
Mitsubishi Corporation has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mitsubishi Corporation (MSBHF)?
Mitsubishi Corporation reported trailing-twelve-month revenue of about $18.9T (latest available figure, as of Jul 27, 2026).
What is the net profit margin of MSBHF?
The net profit margin of Mitsubishi Corporation is about 4.2%, meaning it keeps roughly 4.2% of revenue as net income. Based on the latest reported figures.
Does Mitsubishi Corporation pay a dividend?
Mitsubishi Corporation currently shows a dividend yield of about 2.63% relative to its recent price (as of Jul 27, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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