Mitsubishi ElectricMEX:MITSN 60 Net Current Asset Value is MXN64.08 as of Mar. 2026, which is 100% below its 10-year median of 4.46. GuruFocus rates MEX:MITSN with a GF Score™ of 60/100 and a GF Value™ of MXN343.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,222 Industrial Products companies, Mitsubishi Electric ranks worse than 70.43% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Mitsubishi Electric's net current asset value per share for the quarter that ended in Mar. 2026 was MXN64.08.
The historical rank and industry rank for Mitsubishi Electric's Net Current Asset Value or its related term are showing as below:
MEX:MITSN'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 3.11 Med: 4.46 Max: 10.83
Current: 10.83
During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Mitsubishi Electric was 10.83. The lowest was 3.11. And the median was 4.46.
MEX:MITSN's Price-to-Net-Current-Asset-Value is ranked worse than 70.43% of 2222
companies
in the Industrial Products industry
Industry Median: 5.6
vs MEX:MITSN: 10.83
Mitsubishi Electric (MEX:MITSN) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Mitsubishi Electric Net Current Asset Value Related Terms
Mitsubishi Electric Net Current Asset Value Historical Data
* Premium members only.
The historical data trend for Mitsubishi Electric's Net Current Asset Value 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.
MEX:MITSN vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value 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 Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric's Price-to-Net-Current-Asset-Value 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.
What does a Net Current Asset Value of MXN64.08 mean?
Mitsubishi Electric (MEX:MITSN) has a Net Current Asset Value of MXN64.08 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mitsubishi Electric and its competitors. This is 1337% above median its historical median of 4.46. Over the past decade, Mitsubishi Electric's Net Current Asset Value has ranged from 3.11 to 10.83. According to the industry distribution chart, Mitsubishi Electric ranks #1565 out of 2222 companies in the Industrial Products industry, placing it in the top 70.4%.
Is Mitsubishi Electric's Net Current Asset Value too high?
Mitsubishi Electric's current Net Current Asset Value of MXN64.08 is 1337% above median its 10-year median of 4.46. Over the past 10 years, this metric has ranged from a low of 3.11 to a high of 10.83. Based on the distribution chart, Mitsubishi Electric ranks #1565 out of 2222 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Mitsubishi Electric has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1565 out of 2222 companies for Net Current Asset Value. This places Mitsubishi Electric in the lower half of its industry. The industry median Net Current Asset Value is 5.60. Historically, Mitsubishi Electric's own Net Current Asset Value has ranged from 3.11 to 10.83 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.60, based on 2,222 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Net Current Asset Value is MXN64.08, which is 1337% above median its own 10-year median of 4.46. 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 (MEX:MITSN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN343.30, compared to a current price of MXN714.27 — trading 108.1% above its estimated fair value. The current Net Current Asset Value is MXN64.08, which is 1337% above median its 10-year median of 4.46. Mitsubishi Electric's overall GF Score™ is 60/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Mitsubishi Electric (MEX:MITSN), the current Net Current Asset Value is MXN64.08 as of Mar. 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 (MEX:MITSN) Overvalued in 2026?
Based on GuruFocus' analysis, Mitsubishi Electric stock appears to be overvalued.
The current stock price of MXN714.27 is trading 108.1% above its estimated GF Value™ of MXN343.30.
GuruFocus considers Mitsubishi Electric to be Significantly Overvalued.
Key valuation signals for MEX:MITSN:
Net Current Asset Value: MXN64.08 (1337% above median its 10-year median of 4.46)
GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
No single metric tells the full story. See the MEX:MITSN 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.
60GF Score
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