Mitsubishi Estate Co Ltd MITEF
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
Trading Information
- Previous Close Price
- $19.88
- Day Range
- $18.25–18.25
- 52-Week Range
- $11.48–19.88
- Bid/Ask
- $17.39 / $18.84
- Market Cap
- $23.10 Bil
- Volume/Avg
- 6,246 / 4,813
Key Statistics
- Price/Earnings (Normalized)
- 26.66
- Price/Sales
- 2.57
- Dividend Yield (Trailing)
- 1.47%
- Dividend Yield (Forward)
- < 0.01%
- Total Yield
- 3.73%
Company Profile
Mitsubishi Estate is one of the three big Japanese real estate companies. Around two thirds of its operating profit comes from leasing office space in Japan, where half of its portfolio is concentrated in the prime Marunouchi/Otemachi district between Tokyo station and the Imperial Palace. Mitsubishi Estate’s predecessor originally bought this land from the government in 1890, and the company sees itself as steward of the showcase area’s long-term development, rarely if ever selling any properties there.
- Sector
- Real Estate
- Industry
- Real Estate - Diversified
- Stock Style Box
- Large Core
- Total Number of Employees
- 17,630
- Website
- http://www.mec.co.jp
Comparables
Valuation
|
Metric
|
MITEF
|
8830
|
3463
|
|---|---|---|---|
Price/Earnings (Normalized) | 26.66 | 15.00 | 22.29 |
Price/Book Value | 1.57 | 1.32 | 0.89 |
Price/Sales | 2.57 | 2.71 | 8.66 |
Price/Cash Flow | 11.25 | 9.24 | 14.03 |
Price/Earnings
MITEF
8830
3463
Financial Strength
|
Metric
|
MITEF
|
8830
|
3463
|
|---|---|---|---|
Quick Ratio | 1.33 | 0.25 | 0.09 |
Current Ratio | 2.10 | 1.14 | 0.20 |
Interest Coverage | 7.81 | 14.35 | 7.38 |
Quick Ratio
MITEF
8830
3463
Profitability
|
Metric
|
MITEF
|
8830
|
3463
|
|---|---|---|---|
Return on Assets (Normalized) | 2.97% | 3.88% | 2.18% |
Return on Equity (Normalized) | 9.61% | 13.18% | 4.03% |
Return on Invested Capital (Normalized) | 4.10% | 4.43% | 2.57% |
Return on Assets
MITEF
8830
3463
Real Estate - Diversified Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
GDVTZ
| Gould Investors LP | — | Ggdvw | $300.1 Bil | |
GMGSF
| Goodman Group | — | Lnvzs | $37.9 Bil | |
MTSFY
| Mitsui Fudosan Co Ltd ADR | — | Lvqd | $29.4 Bil | |
MTSFF
| Mitsui Fudosan Co Ltd | — | Qpyn | $29.3 Bil | |
MITEY
| Mitsubishi Estate Co Ltd ADR | — | Brsx | $23.1 Bil | |
SPHXF
| SM Prime Holdings Inc | — | Xgzl | $14.1 Bil | |
HLDVF
| Henderson Land Development Co Ltd | — | Nfdfn | $13.8 Bil | |
HLDCY
| Henderson Land Development Co Ltd ADR | — | Lhj | $13.8 Bil | |
SWPRF
| Swiss Prime Site AG | — | Slfdff | $7.2 Bil |