Valuation Mitsubishi Heavy Industries, Ltd.

Equities

7011

JP3900000005

Consumer Goods Conglomerates

Market Closed - Japan Exchange Other stock markets 07:30:00 15/04/2026 BST			5-day change	1st Jan Change
4,561.00 ^JPY	-3.96%		-4.66%	+18.78%

05:02am	Japan's decade-long march towards arms exports	RE
04-09	SBI Securities Starts Mitsubishi Heavy Industries at Buy with 5,900 Yen Price Target	MT

Company Valuation: Mitsubishi Heavy Industries, Ltd.

Data adjusted to current consolidation scope

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,159,302	1,349,470	1,637,734	4,867,863	8,481,263	15,325,542	-	-
Change	-	16.4%	21.36%	197.23%	74.23%	80.7%	-	-
Enterprise Value (EV) ¹	2,149,890	2,113,486	2,482,505	5,579,540	8,954,451	15,556,542	15,410,392	15,150,542
Change	-	-1.69%	17.46%	124.75%	60.49%	73.73%	-0.94%	-1.69%
P/E ratio	28.5x	11.9x	12.6x	21.9x	34.6x	52.3x	40.7x	33.4x
PBR	0.85x	0.86x	0.94x	2.17x	3.61x	5.85x	5.29x	4.71x
PEG	-	0x	0.8x	0.3x	3.3x	2.7x	1.4x	1.5x
Capitalization / Revenue	0.31x	0.35x	0.39x	1.05x	1.69x	3.13x	2.81x	2.56x
EV / Revenue	0.58x	0.55x	0.59x	1.2x	1.78x	3.17x	2.82x	2.53x
EV / EBITDA	7.4x	7.23x	7.5x	12.7x	16.5x	26.4x	21.8x	18.3x
EV / EBIT	39.8x	21.3x	17.6x	19.7x	23.4x	36.1x	27.9x	22.8x
EV / FCF	-7.76x	7x	70.3x	32.7x	26.1x	52.5x	51.6x	46.2x
FCF Yield	-12.9%	14.3%	1.42%	3.06%	3.83%	1.9%	1.94%	2.17%
Dividend per Share ²	7.5	10	13	20	23	24.73	31.12	36.75
Rate of return	2.17%	2.49%	2.67%	1.38%	0.91%	0.54%	0.68%	0.81%
EPS ²	12.09	33.82	38.84	66.07	73.04	87.14	112.1	136.6
Distribution rate	62%	29.6%	33.5%	30.3%	31.5%	28.4%	27.7%	26.9%
Net sales ¹	3,699,946	3,860,283	4,202,797	4,657,147	5,027,176	4,902,824	5,460,714	5,979,313
EBITDA ¹	290,357	292,400	331,100	438,440	543,841	588,982	706,758	826,356
EBIT ¹	54,081	99,184	141,379	282,541	383,198	431,330	552,885	663,428
Net income ¹	40,639	113,541	130,451	222,023	245,447	292,888	376,843	458,851
Net Debt ¹	990,588	764,016	844,771	711,677	473,188	231,000	84,850	-175,000
Reference price ²	344.90	402.00	487.60	1,448.50	2,526.00	4,561.00	4,561.00	4,561.00
Nbr of stocks (in thousands)	3,361,269	3,356,891	3,358,765	3,360,623	3,357,586	3,360,128	-	-
Announcement Date	10/05/21	12/05/22	10/05/23	08/05/24	09/05/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
MITSUBISHI HEAVY INDUSTRIES, LTD.	54.5x	3.3x	27.49x	0.52%	100B
BERKSHIRE HATHAWAY INC.	22.31x	-	-	-.--%	1,030B
HONEYWELL INTERNATIONAL INC.	24.05x	4.29x	16.81x	2.07%	148B
HITACHI, LTD.	27.57x	2.08x	13.39x	1%	140B
3M COMPANY	18.74x	3.51x	12.12x	2.06%	79.69B
ILLINOIS TOOL WORKS INC.	24.16x	5.23x	17.77x	2.41%	78.43B
MITSUBISHI ELECTRIC CORPORATION	33.32x	1.99x	18.24x	0.95%	75.5B
JARDINE MATHESON HOLDINGS LIMITED	12.61x	0.81x	4.84x	3.4%	21.19B
INDUSTRIES QATAR Q.P.S.C.	14.52x	4.09x	12.28x	6.39%	19.78B
Average	25.75x	3.16x	15.37x	2.09%	188.17B
Weighted average by Cap.	25.00x	3.31x	16.90x	0.66%