Marubeni (MARUY) AI Stock Analysis

• Market Cap: $62.49B
• Dividend Yield: 2.33%
• Average Volume (3M): 3.28K
• Price to Earnings (P/E): 18.1
• Beta (1Y): 0.83
• Revenue Growth: 10.75%
• EPS Growth: 27.26%
• Country: US
• Employees: 45,995
• Sector: Industrials
• Sector Strength: 72
• Industry: Conglomerates
• EPS (TTM): 4.92
• Shares Outstanding: 167,637,940
• 10 Day Avg. Volume: 7,227
• 30 Day Avg. Volume: 3,283
• PEG Ratio: 0.97
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 0.52
• P/FCF Ratio: 9.58
• Enterprise Value/Market Cap: 184.70
• Enterprise Value/Revenue: 1.39
• Enterprise Value/Gross Profit: 10.07
• Enterprise Value/Ebitda: 20.82
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 20.89
• Revenue Forecast (FY): $52.37B

• Rating: 71 Outperform
• Price Target: $445.00 ▲(72.47% Upside)
• Action: Reiterated Date: 02/06/26
• Date: Action: Reiterated 02/06/26

The score is primarily driven by solid financial fundamentals (profitability, improved leverage, and healthy ROE), tempered by weaker operating margin trends and a sharp drop in TTM free cash flow growth. Technicals add support due to a strong uptrend and positive MACD, while valuation is neutral with a moderate P/E and a modest dividend yield.

Positive Factors

Diversified business model

A wide sector footprint and global trading network spreads revenue across commodity cycles and regions, reducing single-market risk. This structural diversification supports durable deal flow, recurring intermediary fees, and long-term project pipelines in infrastructure and energy.

Improved leverage and healthy ROE

A lower debt-to-equity versus prior years increases financial flexibility and buffers against cyclical shocks, while mid-teens ROE indicates the company earns respectable returns on capital. Together these strengthen solvency and capital allocation optionality over months.

Strong recent revenue growth

Robust top-line expansion demonstrates effective deal origination and execution across trading and project businesses. Sustained revenue growth, paired with positive net margins, suggests expanding scale and ongoing contribution from diverse operations over the medium term.

Negative Factors

Operating margin weakness

A meaningful drop in operating margins signals weaker operating leverage or mix shifts toward lower-margin activities. If durable, this compresses core profitability and limits reinvestment capacity, making earnings more sensitive to commodity cycles and execution risk.

Lumpy free cash flow growth

A large negative swing in FCF growth indicates working capital or capex volatility and reduces predictability of cash conversion. That lumpy cash profile weakens the reliability of internal funding for projects, dividends or buybacks over the medium term.

Large absolute debt and cooled returns

Even with improved leverage ratios, a high absolute debt load raises refinancing and interest-rate exposure. Combined with cooling returns, this reduces margin of safety and increases downside risk if market conditions deteriorate or project returns slip.

Marubeni Business Overview & Revenue Model

Company Description

Marubeni Corporation engages in various business activities worldwide. The company trades in grains, feed ingredients, compound feeds, foods, agricultural and fishery products, and fresh and processed meat; and apparel, footwear, lifestyle, and textile and industrial materials. It also provides agri-inputs, contracting services for fertilizer application and crop protection products, technical services, crop protection product formulations, fertilizers, and oilseeds; ICT and real estate services; petrochemicals and plastics, salts and chlor-alkalis, life science products, electronic materials, and inorganic mineral resources and chemicals; and wood chips, biomass fuels, pulp and waste papers, paper, paperboards, sanitary, and building and construction materials, as well as wood products. In addition, the company explores for, develops, and produces oil and gas; trades in, distributes, and markets petroleum and LPG; develops uranium, nuclear fuel cycle, iron ore, coal, and copper mines, as well as related equipment sales and services; smelts and refines aluminum and magnesium; trades in iron ore, coking coal, non-ferrous metals, ingots and related products, and steel products; and leases temporary steel construction materials. Further, it offers engineering, procurement, and construction, as well as operation and maintenance services for railway systems, water, industrial plants, and waste-to-energy power plants; energy and transportation infrastructure, and water business; and manages infrastructure funds, as well as engages in the power generation, renewable energy, power service and retail, natural gas, hydrogen, ammonia, municipal solid waste, and thermal energy storage businesses. Additionally, it owns, purchases, operates, leases, sells, and charters aerospace and ship products; and sells, trades in, leases, finances, and services construction and industrial machinery, and mobility products. The company was founded in 1858 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Marubeni generates revenue through multiple streams, primarily by acting as an intermediary in international trade, facilitating the exchange of goods between suppliers and customers. Key revenue streams include the sale of commodities such as agricultural products, chemicals, and metals, as well as the provision of services related to project development in sectors like energy and infrastructure. The company also earns income from investments in joint ventures and partnerships, where it collaborates with local firms to develop projects in emerging markets. Additionally, Marubeni capitalizes on its extensive supply chain capabilities and logistical expertise, enabling efficient distribution and management of goods, which contributes to its profitability.

Marubeni Financial Statement Overview

Summary

Strong TTM revenue growth and solid profitability (TTM net margin ~6.2%) support the score, and leverage has improved (debt-to-equity ~0.65) with healthy ROE (~13.4%). Offsetting this, operating margins stepped down versus the latest annual period (TTM EBIT margin ~4.8% vs ~9.1%), and TTM free cash flow growth fell sharply (~-83.5%), pointing to more cyclical and uneven earnings/cash flow quality.

Income Statement

TTM (Trailing-Twelve-Months) revenue grew strongly (about 216%), with profitability holding up at a solid level for a conglomerate (TTM net margin ~6.2%, gross margin ~13.8%). However, operating profitability is less consistent than it appears: TTM EBIT margin (~4.8%) is well below the prior annual level (~9.1%), and EBITDA margin also stepped down versus the most recent annual period, pointing to more volatile operating leverage and earnings quality across cycles.

Balance Sheet

Leverage looks manageable and has improved versus earlier years, with debt-to-equity around 0.65 in TTM (Trailing-Twelve-Months) versus well above 1.0 in 2021–2022, alongside a growing equity base. Returns remain healthy (TTM return on equity ~13.4%). The key downside is that absolute debt remains large, and the company’s returns have cooled from the peak levels seen in 2022–2023, reducing the margin of safety if conditions weaken.

Cash Flow

Cash generation is positive, with TTM (Trailing-Twelve-Months) operating cash flow and free cash flow both solid, and free cash flow running at ~74% of net income—supportive of earnings quality. That said, free cash flow growth turned sharply negative in TTM (about -83.5%) after a stronger prior year, indicating lumpiness in working capital/capex and a less dependable cash trajectory despite continued profitability.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.31T	7.79T	7.25T	9.19T	8.51T	6.33T
Gross Profit	1.15T	1.15T	1.07T	1.05T	895.33B	675.42B
EBITDA	554.44B	908.90B	741.87B	478.72B	383.68B	249.61B
Net Income	515.00B	502.96B	471.41B	543.00B	424.32B	223.26B
Balance Sheet
Total Assets	10.02T	9.20T	8.92T	7.95T	8.26T	6.94T
Cash, Cash Equivalents and Short-Term Investments	518.10B	830.89B	506.27B	610.31B	578.72B	745.98B
Total Debt	2.70T	2.54T	2.41T	2.35T	2.68T	2.69T
Total Liabilities	5.73T	5.43T	5.36T	5.12T	6.06T	5.27T
Stockholders Equity	4.14T	3.63T	3.46T	2.88T	2.24T	1.81T
Cash Flow
Free Cash Flow	396.55B	420.39B	289.10B	502.07B	210.11B	272.98B
Operating Cash Flow	539.74B	597.95B	442.47B	606.33B	311.92B	397.07B
Investing Cash Flow	-71.60B	-395.30B	-334.43B	163.77B	-79.66B	-115.97B
Financing Cash Flow	-333.94B	-122.03B	-254.17B	-773.56B	-419.64B	-68.79B

Marubeni Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 258.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MARUY, the sentiment is Positive. The current price of 258.02 is below the 20-day moving average (MA) of 356.14, below the 50-day MA of 316.89, and above the 200-day MA of 247.07, indicating a bullish trend. The MACD of 21.53 indicates Positive momentum. The RSI at 61.82 is Neutral, neither overbought nor oversold. The STOCH value of 39.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MARUY.

Marubeni Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VMI	75 Outperform	$8.96B	27.10	20.41%	0.63%	1.23%	-22.77%
MARUY	71 Outperform	$62.49B	18.05	13.70%	2.33%	10.75%	27.26%
HON	70 Outperform	$153.29B	32.78	31.71%	2.24%	7.48%	9.55%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
GFF	62 Neutral	$4.17B	97.85	26.52%	1.01%	-3.95%	-74.65%
MMM	55 Neutral	$86.47B	27.34	76.08%	1.82%	-13.09%	-20.63%
IEP	52 Neutral	$4.82B	-10.06	-12.71%	27.59%	-8.45%	27.66%