Mitsubishi Heavy Industries (FSE:7011) Earnings Yield (Joel Greenblatt) %: 4.72% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FSE:7011 Mitsubishi Heavy Industries Ltd FSE:7011
75 GF Score
Price 円4,500.00
GF Value 円2,868.83
! 4 Warning Signs
View Full Analysis

What is Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) %?

Mitsubishi Heavy Industries FSE:7011 75 Earnings Yield (Joel Greenblatt) % is 4.72% as of Jun. 2026, which is 7% below its 10-year median of 5.06. GuruFocus rates FSE:7011 with a GF Score™ of 75/100 and a GF Value™ of 円2,868.83. The stock has 4 warning signs investors should review. Among 3,106 Industrial Products companies, Mitsubishi Heavy Industries ranks better than 51.06% on this metric.

Mitsubishi Heavy Industries's Enterprise Value for the quarter that ended in Jun. 2026 was 円11,559,936 Mil. Mitsubishi Heavy Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was 円545,809 Mil. Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 4.72%.

The historical rank and industry rank for Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

FSE:7011' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -7.39   Med: 5.06   Max: 10.09
Current: 3.6

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Mitsubishi Heavy Industries was 10.09%. The lowest was -7.39%. And the median was 5.06%.

FSE:7011's Earnings Yield (Joel Greenblatt) % is ranked better than
51.06% of 3106 companies
in the Industrial Products industry
Industry Median: 3.45 vs FSE:7011: 3.60

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Mitsubishi Heavy Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 20.17%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Mitsubishi Heavy Industries  (FSE:7011) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Related Terms


Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.62 7.89 5.73 4.05 3.40

Mitsubishi Heavy Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.15 2.86 3.10 3.40 4.72

FSE:7011 vs GEV, ETN, PH: Earnings Yield (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's Earnings Yield (Joel Greenblatt) % falls into.


FSE:7011
75GF Score
Mitsubishi Heavy Industries Ltd FSE:7011
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Heavy Industries Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Mitsubishi Heavy Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=471867/13872034.064
=3.40 %

Mitsubishi Heavy Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円545,809 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 4.72% mean?
Mitsubishi Heavy Industries (FSE:7011) has a Earnings Yield (Joel Greenblatt) % of 4.72% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mitsubishi Heavy Industries and its competitors. This is near median its historical median of 5.06. According to the industry distribution chart, Mitsubishi Heavy Industries ranks #1520 out of 3106 companies in the Industrial Products industry, placing it in the top 48.9%.
Is Mitsubishi Heavy Industries' Earnings Yield (Joel Greenblatt) % too high?
Mitsubishi Heavy Industries' current Earnings Yield (Joel Greenblatt) % of 4.72% is near median its 10-year median of 5.06. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.45. Mitsubishi Heavy Industries' value of 4.72% is 36.8% above this industry median. Based on the distribution chart, Mitsubishi Heavy Industries ranks #1520 out of 3106 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsubishi Heavy Industries has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' Earnings Yield (Joel Greenblatt) % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsubishi Heavy Industries ranks #1520 out of 3106 companies for Earnings Yield (Joel Greenblatt) %. This puts Mitsubishi Heavy Industries in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.45. Mitsubishi Heavy Industries' value of 4.72% is 36.8% above this benchmark. While the company's 10-year median is 5.06 vs. the industry median of 3.45, Mitsubishi Heavy Industries has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.45, based on 3,106 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsubishi Heavy Industries's current Earnings Yield (Joel Greenblatt) % of 4.72% is 36.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Mitsubishi Heavy Industries and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Heavy Industries's current Earnings Yield (Joel Greenblatt) % is 4.72%, which is near median its own 10-year median of 5.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Mitsubishi Heavy Industries (FSE:7011) has a current Earnings Yield (Joel Greenblatt) % of 4.72%. The stock's GF Value™ is 円2,868.83, compared to a current price of 円4,500.00 — trading 56.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.72%, which is near median its 10-year median of 5.06 and 36.8% above the Industrial Products industry median of 3.45. Mitsubishi Heavy Industries' overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Mitsubishi Heavy Industries (FSE:7011), the current Earnings Yield (Joel Greenblatt) % is 4.72% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitsubishi Heavy Industries (FSE:7011) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued. The current stock price of 円4,500.00 is trading 56.9% above its estimated GF Value™ of 円2,868.83.

Key valuation signals for FSE:7011:

  • Earnings Yield (Joel Greenblatt) %: 4.72% (near median its 10-year median of 5.06)
  • GF Value™: 円2,868.83 vs. price of 円4,500.00 (56.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 36.8% above the Industrial Products median (#1520 of 3106)

No single metric tells the full story. See the FSE:7011 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Heavy Industries Business Description

Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries Ltd is a Japanese diversified industrial and engineering group headquartered in Tokyo, formed in 1884 and reorganized in 1950. It operates through segments covering energy systems, plants and infrastructure, logistics and thermal and drive systems, and aircraft, defense and space. The company is a global supplier of large gas turbines, steam turbines, boilers, and nuclear power equipment, and provides aftermarket energy services. It also builds ships, industrial machinery, air-conditioning equipment, and material handling systems, and is a major Japanese supplier of aerospace and defense products, including aircraft components, missiles, and space launch vehicles. Customers include utilities, industrial firms, shipowners, airlines, and governments, served across Asia, Europe, and the Americas. Revenue comes from equipment sales, long-term service agreements, and defense contracts, with growing emphasis on decarbonization technologies such as hydrogen- and ammonia-capable turbines and carbon capture.
75GF Score

Get the complete analysis for FSE:7011

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円4,500.00
Price
円2,868.83
GF Value