Mitsubishi ElectricMEX:MITSN 60 Return-on-Tangible-Equity is 11.06% as of Mar. 2026, which is 18% above its 10-year median of 9.35. 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 2,977 Industrial Products companies, Mitsubishi Electric ranks better than 65.67% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Mitsubishi Electric's annualized net income for the quarter that ended in Mar. 2026 was MXN49,771 Mil. Mitsubishi Electric's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN449,935 Mil. Therefore, Mitsubishi Electric's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.06%.
The historical rank and industry rank for Mitsubishi Electric's Return-on-Tangible-Equity or its related term are showing as below:
MEX:MITSN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.3 Med: 9.35 Max: 12.46
Current: 10.67
During the past 13 years, Mitsubishi Electric's highest Return-on-Tangible-Equity was 12.46%. The lowest was 7.30%. And the median was 9.35%.
MEX:MITSN's Return-on-Tangible-Equity is ranked better than 65.67% of 2977
companies
in the Industrial Products industry
Industry Median: 6.77
vs MEX:MITSN: 10.67
Mitsubishi Electric (MEX:MITSN) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Mitsubishi Electric Return-on-Tangible-Equity Related Terms
Mitsubishi Electric Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Mitsubishi Electric's Return-on-Tangible-Equity 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 Electric Return-on-Tangible-Equity Chart
MEX:MITSN vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric's Return-on-Tangible-Equity 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.06% mean?
Mitsubishi Electric (MEX:MITSN) has a Return-on-Tangible-Equity of 11.06% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mitsubishi Electric and its competitors. This is 18% above median its historical median of 9.35. Over the past decade, Mitsubishi Electric's Return-on-Tangible-Equity has ranged from 7.30 to 12.46. According to the industry distribution chart, Mitsubishi Electric ranks #1022 out of 2977 companies in the Industrial Products industry, placing it in the top 34.3%.
Is Mitsubishi Electric's Return-on-Tangible-Equity too high?
Mitsubishi Electric's current Return-on-Tangible-Equity of 11.06% is 18% above median its 10-year median of 9.35. Over the past 10 years, this metric has ranged from a low of 7.30 to a high of 12.46. The Industrial Products industry median Return-on-Tangible-Equity is 6.77. Mitsubishi Electric's value of 11.06% is 63.4% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #1022 out of 2977 companies in the Industrial Products industry, which is above 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 Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #1022 out of 2977 companies for Return-on-Tangible-Equity. This puts Mitsubishi Electric in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.77. Mitsubishi Electric's value of 11.06% is 63.4% above this benchmark. Historically, Mitsubishi Electric's own Return-on-Tangible-Equity has ranged from 7.30 to 12.46 over the past decade. While the company's 10-year median is 9.35 vs. the industry median of 6.77, 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.77, based on 2,977 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsubishi Electric's current Return-on-Tangible-Equity of 11.06% is 63.4% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Mitsubishi Electric and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current Return-on-Tangible-Equity is 11.06%, which is 18% above median its own 10-year median of 9.35. 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 Return-on-Tangible-Equity is 11.06%, which is 18% above median its 10-year median of 9.35 and 63.4% above the Industrial Products industry median of 6.77. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Mitsubishi Electric (MEX:MITSN), the current Return-on-Tangible-Equity is 11.06% 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:
Return-on-Tangible-Equity: 11.06% (18% above median its 10-year median of 9.35)
GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
Industry Position: 63.4% above the Industrial Products median (#1022 of 2977)
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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