Mitsubishi ElectricMEX:MITSN 60 ROC (Joel Greenblatt) % is 33.25% as of Mar. 2026, which is 37% above its 10-year median of 24.19. 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 3,067 Industrial Products companies, Mitsubishi Electric ranks better than 78.51% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Mitsubishi Electric's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 33.25%.
The historical rank and industry rank for Mitsubishi Electric's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:MITSN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.37 Med: 24.19 Max: 38.79
Current: 30.27
During the past 13 years, Mitsubishi Electric's highest ROC (Joel Greenblatt) % was 38.79%. The lowest was 19.37%. And the median was 24.19%.
MEX:MITSN's ROC (Joel Greenblatt) % is ranked better than 78.51% of 3067
companies
in the Industrial Products industry
Industry Median: 11.87
vs MEX:MITSN: 30.27
Mitsubishi Electric's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 7.40% per year.
Mitsubishi Electric (MEX:MITSN) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Mitsubishi Electric ROC (Joel Greenblatt) % Related Terms
Mitsubishi Electric ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mitsubishi Electric's ROC (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.
MEX:MITSN vs VRT, BE: ROC (Joel Greenblatt) % Comparison
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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 Electric ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric's ROC (Joel Greenblatt) % falls into.
Mitsubishi Electric ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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 ROC (Joel Greenblatt) % of 33.25% mean?
Mitsubishi Electric (MEX:MITSN) has a ROC (Joel Greenblatt) % of 33.25% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mitsubishi Electric and its competitors. This is 37% above median its historical median of 24.19. Over the past decade, Mitsubishi Electric's ROC (Joel Greenblatt) % has ranged from 19.37 to 38.79. According to the industry distribution chart, Mitsubishi Electric ranks #659 out of 3067 companies in the Industrial Products industry, placing it in the top 21.5%.
Is Mitsubishi Electric's ROC (Joel Greenblatt) % too high?
Mitsubishi Electric's current ROC (Joel Greenblatt) % of 33.25% is 37% above median its 10-year median of 24.19. Over the past 10 years, this metric has ranged from a low of 19.37 to a high of 38.79. The Industrial Products industry median ROC (Joel Greenblatt) % is 11.87. Mitsubishi Electric's value of 33.25% is 180.1% above this industry median. Based on the distribution chart, Mitsubishi Electric ranks #659 out of 3067 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 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Electric's ROC (Joel Greenblatt) % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Mitsubishi Electric ranks #659 out of 3067 companies for ROC (Joel Greenblatt) %. This places Mitsubishi Electric in the top 22% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.87. Mitsubishi Electric's value of 33.25% is 180.1% above this benchmark. Historically, Mitsubishi Electric's own ROC (Joel Greenblatt) % has ranged from 19.37 to 38.79 over the past decade. While the company's 10-year median is 24.19 vs. the industry median of 11.87, 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 ROC (Joel Greenblatt) % for an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.87, based on 3,067 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsubishi Electric's current ROC (Joel Greenblatt) % of 33.25% is 180.1% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mitsubishi Electric and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Electric's current ROC (Joel Greenblatt) % is 33.25%, which is 37% above median its own 10-year median of 24.19. 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 ROC (Joel Greenblatt) % is 33.25%, which is 37% above median its 10-year median of 24.19 and 180.1% above the Industrial Products industry median of 11.87. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Mitsubishi Electric (MEX:MITSN), the current ROC (Joel Greenblatt) % is 33.25% 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:
ROC (Joel Greenblatt) %: 33.25% (37% above median its 10-year median of 24.19)
GF Value™: MXN343.30 vs. price of MXN714.27 (108.1% above fair value)
Industry Position: 180.1% above the Industrial Products median (#659 of 3067)
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.
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