Mitsubishi Estate CoMITEF 77 Piotroski F-Score is 5 as of Jun. 24, 2026, which is 29% below its 10-year median of 7.00. GuruFocus rates MITEF with a GF Score™ of 77/100 and a GF Value™ of $18.82 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,756 Real Estate companies, Mitsubishi Estate Co ranks better than 60.99% on this metric.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mitsubishi Estate Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
The historical rank and industry rank for Mitsubishi Estate Co's Piotroski F-Score or its related term are showing as below:
MITEF'
s Piotroski F-Score Range Over the Past 10 Years
Min: 5 Med: 7 Max: 8
Current: 5
During the past 13 years, the highest Piotroski F-Score of Mitsubishi Estate Co was 8. The lowest was 5. And the median was 7.
Mitsubishi Estate Co (OTCPK:MITEF) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Mitsubishi Estate Co Piotroski F-Score Related Terms
Mitsubishi Estate Co Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mitsubishi Estate Co's Piotroski F-Score 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 Estate Co Piotroski F-Score Competitor Comparison
For the Real Estate - Diversified subindustry, Mitsubishi Estate Co's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Estate Co Piotroski F-Score vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Mitsubishi Estate Co's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mitsubishi Estate Co's Piotroski F-Score falls into.
* 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.
Net Income was 164.329 + 168.446 + 362.58 + 560.622 = $1,256 Mil.
Revenue was 2079.304 + 2188.298 + 2645.099 + 3568.372 = $10,481 Mil. Gross Profit was 501.204 + 509.919 + 784.218 + 974.965 = $2,770 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(50619.536 + 48681.078 + 54665.494 + 51188.589 + 53647.657) / 5 = $51760.4708 Mil. Total Assets at the begining of last year (Mar24) was $50,620 Mil. Long-Term Debt & Capital Lease Obligation was $19,629 Mil. Total Current Assets was $14,257 Mil. Total Current Liabilities was $6,125 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Mitsubishi Estate Co's current Net Income (TTM) was 1,445.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Mitsubishi Estate Co's return on assets of this year was 0.02693624. Mitsubishi Estate Co's return on assets of last year was 0.0248121.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Mitsubishi Estate Co's gearing of this year was 0.35340525. Mitsubishi Estate Co's gearing of last year was 0.37923104.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Mitsubishi Estate Co's current ratio of this year was 1.92768036. Mitsubishi Estate Co's current ratio of last year was 2.3275549.
==> Last year's current ratio is higher ==> Score 0.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Mitsubishi Estate Co's number of shares in issue this year was 1223.895. Mitsubishi Estate Co's number of shares in issue last year was 1253.666.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Mitsubishi Estate Co's gross margin of this year was 0.25954966. Mitsubishi Estate Co's gross margin of last year was 0.26431511.
==> Last year's gross margin is higher ==> Score 0.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Mitsubishi Estate Co's asset turnover of this year was 0.21353093. Mitsubishi Estate Co's asset turnover of last year was 0.20705589.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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5
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mitsubishi Estate Co has an F-score of 5 indicating the company's financial situation is typical for a stable company.
Mitsubishi Estate Co (MITEF) has a Piotroski F-Score of 5 as of Jun. 24, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mitsubishi Estate Co and its competitors. This is 29% below median its historical median of 7.00. Over the past decade, Mitsubishi Estate Co's Piotroski F-Score has ranged from 5.00 to 8.00. According to the industry distribution chart, Mitsubishi Estate Co ranks #685 out of 1756 companies in the Real Estate industry, placing it in the top 39%.
Is Mitsubishi Estate Co's Piotroski F-Score too high?
Mitsubishi Estate Co's current Piotroski F-Score of 5 is 29% below median its 10-year median of 7.00. Over the past 10 years, this metric has ranged from a low of 5.00 to a high of 8.00. The Real Estate industry median Piotroski F-Score is 5.00. Mitsubishi Estate Co's value of 5 is 0% at this industry median. Based on the distribution chart, Mitsubishi Estate Co ranks #685 out of 1756 companies in the Real Estate industry, which is above the industry midpoint. Overall, Mitsubishi Estate Co has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Estate Co's Piotroski F-Score compare to competitors?
According to the Real Estate industry distribution chart, Mitsubishi Estate Co ranks #685 out of 1756 companies for Piotroski F-Score. This puts Mitsubishi Estate Co in the upper half of its industry. The industry median Piotroski F-Score is 5.00. Mitsubishi Estate Co's value of 5 is 0% at this benchmark. Historically, Mitsubishi Estate Co's own Piotroski F-Score has ranged from 5.00 to 8.00 over the past decade. While the company's 10-year median is 7.00 vs. the industry median of 5.00, Mitsubishi Estate Co has consistently been at 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 Piotroski F-Score for a Real Estate company?
The median Piotroski F-Score among Real Estate companies is 5.00, based on 1,756 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsubishi Estate Co's current Piotroski F-Score of 5 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mitsubishi Estate Co and its competitors. For the Real Estate industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Estate Co's current Piotroski F-Score is 5, which is 29% below median its own 10-year median of 7.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Estate Co stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Estate Co (MITEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.82, compared to a current price of $25.15 — trading 33.6% above its estimated fair value. The current Piotroski F-Score is 5, which is 29% below median its 10-year median of 7.00 and 0% at the Real Estate industry median of 5.00. Mitsubishi Estate Co's overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Mitsubishi Estate Co (MITEF), the current Piotroski F-Score is 5 as of Jun. 24, 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 Estate Co (MITEF) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Estate Co stock appears to be overvalued.
The current stock price of $25.15 is trading 33.6% above its estimated GF Value™ of $18.82.
GuruFocus considers Mitsubishi Estate Co to be Significantly Overvalued.
Key valuation signals for MITEF:
Piotroski F-Score: 5 (29% below median its 10-year median of 7.00)
GF Value™: $18.82 vs. price of $25.15 (33.6% above fair value)
Industry Position: 0% at the Real Estate median (#685 of 1756)
No single metric tells the full story. See the MITEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate's predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area's long-term development, rarely if ever selling any properties there.
77GF Score
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