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Mitsubishi Corporation (MTSUY) Fair Value & Analysis

Industrials · US · Market cap $102B

MC Mitsubishi Corporation logo Mitsubishi Corporation MTSUY · US
Price$30.07
Fair Value$35.51
Upside+18.1%
Quality60/100
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Healthy Growth
Thin margins · 4.2% net margin
Low debt · generates free cash flow
2.47% dividend yield
Mixed vs. peers (7/12)
Narrow moat 39/100
Evidence: High Range $26.63 – $44.39 Share as image

Fair value as of: Jul 18, 2026

From 22 valuation models · updated 20 days ago

Fair value updated Jul 18, 2026, revised from $27.37 to $35.51 (+29.7%) since Jun 26, 2026. Share price +9.8% over the past month.

A solid business, screening 18% undervalued on our models.

What matters now

  • Our model range runs from $26.63 (bear) to $44.39 (bull), base $35.51. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 60/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

$4,943 $14.89 Fair Value $35.51 Apr 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

40‑month range $14.89 – $4,943 · fair‑value band $26.63 – $44.39 · the $30.07 price screens below the $35.51 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Mitsubishi Corporation (MTSUY) currently trades at $30.07, while our model-based Fair Value estimate is $35.51, implying the stock looks roughly 18.1% undervalued today. We read business quality at 60/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

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 $3.9T. Fundamentals as of Jul 18, 2026

Our scenario range runs from $26.63 (bear case) to $44.39 (bull case); at $30.07, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 20% below its 52-week high and 62% 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 18%, MTSUY screens cheaper 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 $21.54 $31.21 $45.04 80
Rev-Margin DCF $9.35 $14.10 $19.49 74
ROIC Compounder $1.86 $3.01 $4.01 72
All 22 models by family
DCF Models
FCF DCF $20.65 $30.79 $46.01 38
Owner Earnings $14.07 $21.61 $32.92 31
5Y Revenue Exit $9.35 $13.62 $18.86 39
5Y EBITDA Exit $13.98 $21.66 $30.38 41
5Y P/E Exit $18.80 $30.04 $41.52 38
10Y Revenue Exit $13.19 $17.67 $22.65 36
10Y EBITDA Exit $16.29 $23.04 $30.76 37
10Y P/E Exit $19.28 $28.64 $38.59 35
Earnings-Based
Graham-Dodd $11.85 $23.69 $29.76 54
EPV $1.86 $3.01 $4.01 59
Multiples
P/E Multiple $26.15 $34.86 $43.58 63
P/S Multiple $22.22 $29.63 $37.04 58
P/B Multiple $22.22 $29.63 $37.04 55
EV/EBIT $7.31 $11.41 $15.51 53
EV/EBITDA $12.34 $18.11 $23.89 54
EV/Revenue $3.30 $6.85 $10.41 43
Asset-Based
NCAV (Graham) $10.28 $13.77 $20.56 50
Growth DCF
Growth DCF $21.54 $31.21 $45.04 80
Rev-Margin DCF $9.35 $14.10 $19.49 74
Economic Profit
Residual Income $17.35 $18.77 $23.30 61
ROIC Compounder $1.86 $3.01 $4.01 72
Growth Earnings
Growth-Adj P/E $18.99 $27.13 $35.27 68

Widest divergence: Growth Earnings ($27.13) versus Earnings-Based ($3.01). 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 23.9
More key figures
Operating margin 1.9%
EPS (TTM) $1.29
Dividend yield 2.5%
EPS growth (YoY) +68.3%
Net debt $3.9T FY2026

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 54 · Market factors (momentum, volatility) 71

Profitability 34
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 36
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 77
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 Environment and 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 Metal 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 Social 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 ¥18.9T in FY2026 versus ¥17.3T in FY2022, a compound +2.3%/yr. Reported net income was ¥800B in FY2026, compounding −3.9%/yr from FY2022.

Growth Quality 71/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
$18.9T
Latest YoY
+1.6%
Avg. growth/yr (3Y)
−4.3%
Avg. growth/yr (5Y)
+8.0%
Avg. growth/yr (6Y)
+4.2%
Revenue +2.3%/yr
FY22 ¥17.3T
FY23 ¥21.6T
FY24 ¥19.6T
FY25 ¥18.6T
FY26 ¥18.9T
Net income −3.9%/yr
FY22 ¥938B
FY23 ¥1.2T
FY24 ¥964B
FY25 ¥951B
FY26 ¥800B

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

Recent news

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

Peer Group

Conglomerates · 371 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 60 · Top 25%
Fair Value upside +18% · Above 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) 2.5% · Above median
Debt / equity 0.44× · Higher than median

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 21.6× · Pricier than median
P/FCF 0.1× · Cheaper than 75% of peers
PEG 1.67× · 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 57 · sector 19
FUTURE 60 · sector 16
PAST 36 · sector 20
HEALTH 78 · sector 89
DIVIDEND 49 · sector 40

Insider activity: 30/100

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.

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Frequently asked questions

Is Mitsubishi Corporation (MTSUY) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of $35.51 versus a price of $30.07, about +18% (undervalued).
What is the fair value of MTSUY?
Our model-based fair value for Mitsubishi Corporation is $35.51 (as of Jul 18, 2026), built from audited fundamentals. The current price is $30.07.
What is the quality score of MTSUY?
Mitsubishi Corporation has a Quality Score of 60/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Mitsubishi Corporation (MTSUY)?
Mitsubishi Corporation reported trailing-twelve-month revenue of about $18.9T (latest available figure, as of Jul 18, 2026).
What is the net profit margin of MTSUY?
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 2.20% relative to its recent price (as of Jul 18, 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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