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Mitsubishi Heavy Industries, Ltd. 7011.T

JP · Tokyo Stock Exchange · XTKS · stock · Industrials · website

Mitsubishi Heavy Industries, Ltd. statistics & valuation

Market cap¥14.29T
P / E58.2×
P / S3.3×
P / B4.6×
Net margin5.6%
Net cash¥458.6B
Enterprise value USD$87.2B
Earnings yield EBIT/EV2.6%
Return on capital8.9%
Graham number -66.4%¥1,429.73

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (¥1,429.73); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
3.10% 4.80% 6.70% 5.60% 2023202420252026
Gross margin (%)
18.20% 20.00% 21.80% 20.00% 2023202420252026
Operating margin (%)
4.30% 6.00% 8.40% 8.20% 2023202420252026
Return on equity (%)
7.50% 9.90% 14.20% 7.90% 2023202420252026
Shares outstanding
3.36B 3.36B 3.36B 3.36B 2023202420252026
Net debt (¥)
¥844.77B ¥711.68B ¥473.46B -¥458.63B 2023202420252026
Share buybacks (¥)
¥16.0M ¥239.0M ¥12.37B 2023202420252026
Return on assets (%)
2.40% 3.50% 5.00% 3.00% 2023202420252026
Free cash flow margin (%)
-1.20% 3.70% 5.80% 2023202420252026
Debt / equity (×)
0.68× 0.51× 0.48× 0.28× 2023202420252026
EPS (¥)
¥38.83 ¥66.04 ¥98.84 ¥98.84 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Mitsubishi Heavy Industries, Ltd. trades at about 43× earnings — above its 10-year norm (10-year range 13.2×–46.7×, median 28.3×).

13.2× 46.7×

Shaded band = 10-year range (13.2×–46.7×); dot = today's 43×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin20.0%21.8%20.0%18.2%
Operating margin8.2%8.4%6.0%4.3%
Net margin5.6%6.7%4.8%3.1%
FCF margin5.8%3.7%-1.2%
Return on assets3.0%5.0%3.5%2.4%
Return on equity7.9%14.2%9.9%7.5%
Debt / equity0.20×0.36×0.34×0.48×
Current ratio1.281.241.161.16

Computed from company filings · JP · as of 2025-03-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.