Mitsubishi Electric Corp
6503: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&q | LOCK|X#tw | LOCK|<@PZ#& |
Mitsubishi Electric Earnings: Record Revenue, Operating Profit on Improved Infrastructure Business
We raise our fair value estimate to JPY 2,320 per share from JPY 2,270 for narrow-moat Mitsubishi Electric, or MEC, reflecting an upward revision on revenue compound annual growth rate estimates of the infrastructure business to 4.9% from 0.8% between fiscal 2024 and 2028.
