MHVYF (Mitsubishi Heavy Industries) 5-Year ROIIC % : 13.46% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MHVYF Mitsubishi Heavy Industries Ltd MHVYF
78 GF Score
Price $23.95
GF Value $15.46
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Mitsubishi Heavy Industries 5-Year ROIIC %?

Mitsubishi Heavy Industries MHVYF +1.48% 78 5-Year ROIIC % is 13.46 as of Mar. 2026. GuruFocus rates MHVYF with a GF Score™ of 78/100 and a GF Value™ of $15.46 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,781 Industrial Products companies, Mitsubishi Heavy Industries ranks better than 69.8% on this metric.

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Mitsubishi Heavy Industries's 5-Year ROIIC % for the quarter that ended in Mar. 2026 was 13.46%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mitsubishi Heavy Industries's 5-Year ROIIC % or its related term are showing as below:

MHVYF's 5-Year ROIIC % is ranked better than
69.8% of 2781 companies
in the Industrial Products industry
Industry Median: 4.52 vs MHVYF: 13.46

Mitsubishi Heavy Industries  (OTCPK:MHVYF) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Mitsubishi Heavy Industries 5-Year ROIIC % Related Terms


Mitsubishi Heavy Industries 5-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mitsubishi Heavy Industries's 5-Year ROIIC % 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 Heavy Industries 5-Year ROIIC % Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.68 613.64 11.41 0.00 13.46

Mitsubishi Heavy Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
5-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 13.46

MHVYF vs GEV, ETN, PH: 5-Year ROIIC % Comparison

For the Specialty Industrial Machinery subindustry, Mitsubishi Heavy Industries's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 Heavy Industries 5-Year ROIIC % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Heavy Industries's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Mitsubishi Heavy Industries's 5-Year ROIIC % falls into.


MHVYF
78GF Score
Mitsubishi Heavy Industries Ltd MHVYF
5-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsubishi Heavy Industries 5-Year ROIIC % Calculation

Mitsubishi Heavy Industries's 5-Year ROIIC % for the quarter that ended in Mar. 2026 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 1977.05508 (Mar. 2026) - 313.4353017 (Mar. 2021) )/( 37830.696 (Mar. 2026) - 36112.066 (Mar. 2021) )
=1663.6197783/1718.63
=96.80%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 5-Year ROIIC % →
What does a 5-Year ROIIC % of 13.46 mean?
Mitsubishi Heavy Industries (MHVYF) has a 5-Year ROIIC % of 13.46 as of Mar. 2026. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mitsubishi Heavy Industries and its competitors. According to the industry distribution chart, Mitsubishi Heavy Industries ranks #840 out of 2781 companies in the Industrial Products industry, placing it in the top 30.2%.
Is Mitsubishi Heavy Industries' 5-Year ROIIC % too high?
Mitsubishi Heavy Industries' current 5-Year ROIIC % is 13.46. The Industrial Products industry median 5-Year ROIIC % is 4.52. Mitsubishi Heavy Industries' value of 13.46 is 197.8% above this industry median. Based on the distribution chart, Mitsubishi Heavy Industries ranks #840 out of 2781 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Mitsubishi Heavy Industries has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' 5-Year ROIIC % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Mitsubishi Heavy Industries ranks #840 out of 2781 companies for 5-Year ROIIC %. This puts Mitsubishi Heavy Industries in the upper half of its industry. The industry median 5-Year ROIIC % is 4.52. Mitsubishi Heavy Industries' value of 13.46 is 197.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year ROIIC % for an Industrial Products company?
The median 5-Year ROIIC % among Industrial Products companies is 4.52, based on 2,781 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mitsubishi Heavy Industries's current 5-Year ROIIC % of 13.46 is 197.8% 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 5-Year ROIIC % mean?
A high 5-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 5-Year ROIIC % measures the change in earnings as a percentage of change in investment over 5-year. View historical data on Mitsubishi Heavy Industries and its competitors. For the Industrial Products industry, the median 5-Year ROIIC % is 4.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsubishi Heavy Industries's current 5-Year ROIIC % is 13.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries (MHVYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $15.46, compared to a current price of $23.95 — trading 54.9% above its estimated fair value. The current 5-Year ROIIC % is 13.46 and 197.8% above the Industrial Products industry median of 4.52. Mitsubishi Heavy Industries' overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year ROIIC % calculated?
5-Year ROIIC % is calculated from a company's financial statements. For Mitsubishi Heavy Industries (MHVYF), the current 5-Year ROIIC % is 13.46 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 Heavy Industries (MHVYF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued. The current stock price of $23.95 is trading 54.9% above its estimated GF Value™ of $15.46. GuruFocus considers Mitsubishi Heavy Industries to be Significantly Overvalued.

Key valuation signals for MHVYF:

  • 5-Year ROIIC %: 13.46
  • GF Value™: $15.46 vs. price of $23.95 (54.9% above fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 197.8% above the Industrial Products median (#840 of 2781)

No single metric tells the full story. See the MHVYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Heavy Industries Business Description

Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries is a diversified industrial and engineering group that was founded in 1884 and reorganized in 1950. It operates across four segments: energy systems; plants and infrastructure; logistics, thermal and drive systems; and aircraft, defense and space. MHI is a global leader in large gas turbines and energy services, and a key domestic supplier of aerospace and defense systems. Its end markets include energy infrastructure, industrial equipment, transport, and defense, with a growing focus on decarbonization technologies such as hydrogen- and ammonia-capable turbines. The company employs about 77,000 people globally.
78GF Score

Get the complete analysis for MHVYF

5-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$23.95
Price
$15.46
GF Value