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Mitsubishi Electric (MIELY)
OTHER OTC:MIELY
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Mitsubishi Electric
(OTC:MIELY)
Rating:75Outperform
Price Target:―
Mitsubishi Electric (MIELY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$49.72B
Dividend Yield0.95%
Average Volume (3M)3.65K
Price to Earnings (P/E)20.1
Beta (1Y)0.67
Revenue Growth-0.29%
EPS Growth9.41%
CountryUS
Employees149,914
SectorIndustrials
Sector Strength84
IndustryElectrical Equipment & Parts
Share Statistics
EPS (TTM)0.59
Shares Outstanding1,056,600,800
10 Day Avg. Volume3,804
30 Day Avg. Volume3,649
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)0.00
Price to Sales (P/S)0.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.85
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit0.03
Enterprise Value/Ebitda0.07
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Mitsubishi Electric Business Overview & Revenue Model
Company DescriptionMitsubishi Electric Corporation develops, manufactures, distributes, and sells electrical and electronic equipment worldwide. The company offers turbine generators, hydraulic turbine generators, nuclear power plant and power electronics equipment, motors, transformers, circuit breakers, gas insulated switchgears, switch controls, surveillance-system control and security systems, transmission and distribution ICT systems, large display devices, locomotive and rolling stock electrical equipment, wireless and wired communications systems, network camera systems, elevators, escalators, building security and management systems, and others. It also provides programmable logic controllers, inverters, servomotors, human-machine interfaces, hoists, magnetic switches, circuit breakers, time and power meters, uninterruptible power supply, industrial fans, computerized numerical controllers, electrical-discharge and laser processing machines, industrial robots, clutches, automotive electrical equipment, electric powertrain systems, car electronics and mechatronics, car multimedia, and others. In addition, the company offers satellite communications and radar equipment, satellites, antennas, missile and fire control systems, broadcasting and information systems equipment, network security systems, and systems integration products; and power modules, high-frequency devices, optical and LCD devices, and others. Further, it provides air conditioners, chillers, showcases, compressors, refrigeration units, air-to-water heat pump boilers, ventilators, hot water supply systems, IH cooking heaters, LED bulbs, indoor lighting, LCD televisions, refrigerators, electric fans, dehumidifiers, air purifiers, vacuum cleaners, jar rice cookers, microwave ovens, and others. Additionally, the company offers procurement, logistics, real estate, advertising, finance, and other services. Mitsubishi Electric Corporation was incorporated in 1921 and is headquartered in Tokyo, Japan.
How the Company Makes MoneyMitsubishi Electric generates revenue through its diverse product offerings and services across multiple sectors. Key revenue streams include sales of industrial automation equipment such as programmable logic controllers and drive systems, which cater to manufacturing and production industries. The company's energy and electric systems division provides power generation, transmission, and distribution equipment, contributing to infrastructure projects worldwide. Information and communication systems offer solutions like satellite communications, while the electronic devices sector supplies semiconductors and other components. Additionally, Mitsubishi Electric earns from its home appliances segment, which includes air conditioning systems and other residential products. The company's significant global presence and strategic partnerships with industries across these sectors play a crucial role in driving its financial performance.
Mitsubishi Electric Earnings Call Summary
Earnings Call Date:Jul 31, 2025
(Q1-2025)
| % Change Since: 11.91%|
Next Earnings Date:Oct 30, 2025
Earnings Call Sentiment Neutral
The earnings call highlighted record high revenue and significant growth in infrastructure and semiconductor device segments. However, challenges in the factory automation systems business, a decline in operating profit, and sluggish demand in certain regions were notable lowlights.Q1-2025 Updates
Positive Updates
Record High Revenue
Revenue for the first quarter of fiscal 2025 reached ¥1,286.4 billion, marking the fourth consecutive year of record high revenue for the first quarter.
Upward Revision of Full Year Revenue Forecast
Revenue forecast for fiscal 2025 has been revised upward by ¥90 billion, reaching a total of ¥5,390 billion.
Strong Performance in Infrastructure and Semiconductor Device Segments
Both the infrastructure and semiconductor device segments saw an increase in revenue and profit year-on-year.
Increase in Free Cash Flow
Free cash flow was an inflow of ¥128.1 billion, an increase of ¥69.8 billion year-on-year.
Record High Overseas Revenue
Overseas revenue increased by ¥45.2 billion year-on-year, accounting for 56.8% of consolidated revenue, a record high for the third consecutive year for the first quarter.
Negative Updates
Decline in Operating Profit
Operating profit decreased by ¥2.3 billion year-on-year to ¥58.6 billion, with the operating profit ratio decreasing by 0.4 points to 4.6%.
Challenges in Factory Automation Systems Business
There was a decrease in volume in the factory automation systems business, impacting operating profit. The market recovery for this business is delayed, with demand expected to recover in the fourth quarter.
Decreased Orders in Semiconductor Device Segment
Orders received in the semiconductor and device segment were lower than the previous year, despite revenue and operating profit being higher year-on-year.
Decrease in Revenue and Profit for Industry and Mobility Segment
The industry and mobility segment saw a decrease in both revenue and profit year-on-year.
Sluggish Demand in Western Countries
In the air conditioning systems and home products business, demand was sluggish in western countries, especially in Europe, impacting operating profit.
Company Guidance
In the recent fiscal 2025 first-quarter briefing, Mitsubishi Electric Corporation reported a record high revenue of ¥1,286.4 billion, marking a ¥66.1 billion year-on-year increase, largely attributed to the weaker yen and the robust infrastructure segment. Despite this, operating profit decreased by ¥2.3 billion to ¥58.6 billion, with the operating profit ratio dropping by 0.4 points to 4.6%, influenced by reduced volumes in the factory automation systems business and rising procurement costs. The full-year revenue forecast has been revised upward by ¥90 billion to ¥5,390 billion, though the operating profit forecast remains unchanged at ¥400 billion. Cash flow from operating activities saw a significant increase of ¥92.6 billion year-on-year, reaching ¥183.8 billion, while free cash flow rose by ¥69.8 billion to ¥128.1 billion. Segment-wise, infrastructure and semiconductor devices saw revenue and profit increases, whereas the industry and mobility segment experienced declines. Overall, overseas revenue grew by ¥45.2 billion, making up 56.8% of the total consolidated revenue, and prompting a revision in exchange rate assumptions to reflect the yen's depreciation.Mitsubishi Electric Financial Statement Overview
Summary
Mitsubishi Electric demonstrates strong financial health with significant revenue and profit growth, efficient operations, and a robust balance sheet with low leverage. Despite some fluctuations in cash flow, the overall financial position is stable and promising.Income Statement
The company shows strong revenue growth, with a 5.09% increase from 2023 to 2024. Gross profit margin is solid at 29.39%, and net profit margin improved to 5.42%. Both EBIT and EBITDA margins are healthy, indicating efficient operations and good cost control.85
Very Positive
Balance Sheet
Mitsubishi Electric maintains a strong equity position with an equity ratio of 60.65%. The debt-to-equity ratio is low at 0.11, suggesting limited financial leverage. Return on equity is a robust 7.62%, reflecting effective use of equity capital.80
Positive
Cash Flow
Free cash flow has improved significantly from the previous year, enhancing liquidity. The operating cash flow to net income ratio is 1.46, indicating strong cash generation relative to net income. However, the negative free cash flow in 2023 highlights potential volatility.78
Positive
| Breakdown | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.52T | 5.26T | 5.00T | 4.48T | 4.19T |
| Gross Profit | 1.69T | 1.55T | 1.41T | 1.26T | 1.17T |
| EBITDA | 673.09B | 529.35B | 476.19B | 458.86B | 443.51B |
| Net Income | 324.08B | 284.95B | 213.91B | 203.48B | 193.13B |
Balance Sheet | |||||
| Total Assets | 6.38T | 6.17T | 5.58T | 5.11T | 4.80T |
| Cash, Cash Equivalents and Short-Term Investments | 823.04B | 817.78B | 706.82B | 789.31B | 819.06B |
| Total Debt | 0.00 | 394.64B | 400.76B | 329.46B | 365.43B |
| Total Liabilities | 2.30T | 2.30T | 2.22T | 2.01T | 1.93T |
| Stockholders Equity | 3.95T | 3.74T | 3.24T | 2.98T | 2.75T |
Cash Flow | |||||
| Free Cash Flow | 229.83B | 206.47B | -8.85B | 126.31B | 353.76B |
| Operating Cash Flow | 455.90B | 415.48B | 166.71B | 282.37B | 542.12B |
| Investing Cash Flow | -191.75B | -94.12B | -148.53B | -114.87B | -176.55B |
| Financing Cash Flow | -265.33B | -240.12B | -119.57B | -241.32B | -157.35B |
Mitsubishi Electric Technical Analysis
Positive
49.13
Price Trends
42.65
Positive
40.22
Positive
36.85
Positive
Market Momentum
1.61
Negative
75.98
Negative
99.97
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MIELY, the sentiment is Positive. The current price of 49.13 is above the 20-day moving average (MA) of 44.38, above the 50-day MA of 42.65, and above the 200-day MA of 36.85, indicating a bullish trend. The MACD of 1.61 indicates Negative momentum. The RSI at 75.98 is Negative, neither overbought nor oversold. The STOCH value of 99.97 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MIELY.
Mitsubishi Electric Peers Comparison
Overall Rating
UnderperformOutperform
Sector (64)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
80 Outperform | $14.44B | 25.54 | 7.53% | 0.89% | -4.84% | 2.33% | |
80 Outperform | $22.73B | 27.77 | 25.34% | 1.24% | 0.95% | 13.74% | |
79 Outperform | $52.99B | 66.29 | 34.84% | 0.10% | 26.31% | 62.78% | |
75 Outperform | $49.72B | 20.12 | 9.57% | 0.95% | -0.29% | 9.41% | |
69 Neutral | $9.44B | 24.27 | 16.60% | 0.22% | 9.16% | 4.09% | |
64 Neutral | $10.64B | 16.01 | 5.48% | 2.12% | 2.72% | -24.90% | |
63 Neutral | $9.09B | 7,829.79 | 4.65% | ― | 22.72% | ― |
* Industrials Sector Average
Performance Comparison
MIELY
Mitsubishi Electric
49.13
20.05
68.95%
AYI
Acuity Brands
304.83
77.01
33.80%
HUBB
Hubbell B
417.84
48.84
13.24%
NVT
nVent Electric
89.10
27.04
43.57%
BE
Bloom Energy
36.80
26.26
249.15%
VRT
Vertiv Holdings
139.39
68.43
96.43%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.