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Mitsubishi ElectricTSE:6503 +3.08%75 Piotroski F-Score is 7 as of Jul. 16, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates TSE:6503 with a GF Score™ of 75/100 and a GF Value™ of 円2,949.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,970 Industrial Products companies, Mitsubishi Electric ranks better than 90.71% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mitsubishi Electric has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Mitsubishi Electric's Piotroski F-Score or its related term are showing as below:
TSE:6503'
s Piotroski F-Score Range Over the Past 10 Years
Min: 4 Med: 6 Max: 9
Current: 7
During the past 13 years, the highest Piotroski F-Score of Mitsubishi Electric was 9. The lowest was 4. And the median was 6.
Mitsubishi Electric (TSE:6503) 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 Electric Piotroski F-Score Related Terms
Mitsubishi Electric Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Mitsubishi Electric'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.
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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 Electric Piotroski F-Score vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric'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.
This Year (Mar26) TTM:
Last Year (Mar25) TTM:
Net Income was 90926 + 98471 + 108868 + 109493 = 円407,758 Mil. Cash Flow from Operations was 193539 + 151185 + -1818 + 233087 = 円575,993 Mil. Revenue was 1312896 + 1419608 + 1423506 + 1738737 = 円5,894,747 Mil. Gross Profit was 415348 + 451647 + 463089 + 559414 = 円1,889,498 Mil.
Average Total Assets from the begining of this year (Mar25)
to the end of this year (Mar26) was
(6375680 + 6301122 + 6444778 + 6659941 + 7357512) / 5 = 円6627806.6 Mil. Total Assets at the begining of this year (Mar25) was 円6,375,680 Mil. Long-Term Debt & Capital Lease Obligation was 円210,830 Mil. Total Current Assets was 円4,027,161 Mil. Total Current Liabilities was 円2,281,504 Mil.
Net Income was 49138 + 69502 + 129454 + 75990 = 円324,084 Mil.
Revenue was 1286484 + 1357113 + 1356754 + 1521360 = 円5,521,711 Mil. Gross Profit was 372895 + 437872 + 418552 + 462896 = 円1,692,215 Mil.
Average Total Assets from the begining of last year (Mar24)
to the end of last year (Mar25) was
(6167340 + 6205062 + 6092803 + 6234831 + 6375680) / 5 = 円6215143.2 Mil. Total Assets at the begining of last year (Mar24) was 円6,167,340 Mil. Long-Term Debt & Capital Lease Obligation was 円239,772 Mil. Total Current Assets was 円3,747,535 Mil. Total Current Liabilities was 円1,847,029 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 Electric's current Net Income (TTM) was 407,758.
==> 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.
Score 1 if positive, 0 if negative.
Mitsubishi Electric's current Cash Flow from Operations (TTM) was 575,993.
==> Positive ==> Score 1.
Question 3. Change in Return on Assets
Compare this year's return on assets (1) to last year's return on assets.
Mitsubishi Electric's return on assets of this year was 0.06395522. Mitsubishi Electric's return on assets of last year was 0.05254842.
==> 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 Electric's gearing of this year was 0.03180992. Mitsubishi Electric's gearing of last year was 0.03857868.
==> 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 Electric's current ratio of this year was 1.76513431. Mitsubishi Electric's current ratio of last year was 2.02895298.
==> 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 Electric's number of shares in issue this year was 2081.513. Mitsubishi Electric's number of shares in issue last year was 2056.165.
==> There is larger number of shares in issue this year. ==> Score 0.
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 Electric's gross margin of this year was 0.32053929. Mitsubishi Electric's gross margin of last year was 0.3064657.
==> This year's gross margin is higher. ==> Score 1.
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 Electric's asset turnover of this year was 0.92456758. Mitsubishi Electric's asset turnover of last year was 0.89531484.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Mitsubishi Electric has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Mitsubishi Electric (TSE:6503) has a Piotroski F-Score of 7 as of Jul. 16, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Mitsubishi Electric and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Mitsubishi Electric's Piotroski F-Score has ranged from 4.00 to 9.00. According to the industry distribution chart, Mitsubishi Electric ranks #276 out of 2970 companies in the Industrial Products industry, placing it in the top 9.3%.
Is Mitsubishi Electric's Piotroski F-Score too high?
Mitsubishi Electric's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.00. The Industrial Products industry median Piotroski F-Score is 5.00. Mitsubishi Electric's value of 7 is 40% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #276 out of 2970 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Mitsubishi Electric has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Piotroski F-Score compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #276 out of 2970 companies for Piotroski F-Score. This places Mitsubishi Electric in the top 9% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. Mitsubishi Electric's value of 7 is 40% above this benchmark. Historically, Mitsubishi Electric's own Piotroski F-Score has ranged from 4.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, Mitsubishi Electric 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 Piotroski F-Score for an Industrial Products company?
The median Piotroski F-Score among Industrial Products companies is 5.00, based on 2,970 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 Electric's current Piotroski F-Score of 7 is 40% 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 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 Electric and its competitors. For the Industrial Products 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 Electric's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Electric stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Electric (TSE:6503) is currently considered Significantly Overvalued. The stock's GF Value™ is 円2,949.70, compared to a current price of 円5,764.00 — trading 95.4% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 40% above the Industrial Products industry median of 5.00. Mitsubishi Electric's overall GF Score™ is 75/100 with 2 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 Electric (TSE:6503), the current Piotroski F-Score is 7 as of Jul. 16, 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 Electric (TSE:6503) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued.
The current stock price of 円5,764.00 is trading 95.4% above its estimated GF Value™ of 円2,949.70.
GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.
Key valuation signals for TSE:6503:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: 円2,949.70 vs. price of 円5,764.00 (95.4% above fair value)
Industry Position: 40% above the Industrial Products median (#276 of 2970)
No single metric tells the full story. See the TSE:6503 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mitsubishi Electric is a leading Japanese diversified industrial manufacturer, specializing in factory automation systems, power and energy systems, infrastructure solutions, automotive equipment, electronic devices, and home appliances. Founded in 1921 and headquartered in Tokyo, the company operates globally with a strong presence in Asia, Europe, and North America. Known for its technological expertise and high reliability, Mitsubishi Electric plays a vital role in sectors ranging from smart manufacturing and transportation to energy management and defense. The company emphasizes sustainability, innovation, and long-term growth through its focus on electrification, automation, and digitalization.
75GF Score
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