Mitsubishi Estate Co., Ltd. (MITEY) Stock

About Mitsubishi Estate Co., Ltd.

Mitsubishi Estate Co., Ltd., established in Tokyo, Japan, in 1890, operates as a diversified real estate conglomerate both domestically and internationally. Its comprehensive activities span across property development, ownership, and management, alongside significant ventures in hospitality, infrastructure, and financial services. The company's commercial real estate portfolio includes the full spectrum of office building activities, from development and sales to leasing and property management. It also specializes in the strategic planning, development, and tenant procurement for retail facilities and outlet centers. In the logistics sector, Mitsubishi Estate is active in investment, development, operational oversight, and asset management. Beyond traditional property, the firm boasts a strong presence in the hospitality industry, managing 16 Royal Park Hotels across Japan, as well as the renowned Marunouchi Hotel. Its infrastructure ventures include operating Takamatsu Airport, Miyako Shimojishima Airport Terminal, Mt. Fuji Shizuoka Airport, and seven additional airports situated in Hokkaido. For the residential market, Mitsubishi Estate engages in the development, rebuilding, redevelopment, acquisition, sale, brokerage, and management of condominiums, in addition to providing apartment rental services. The company further extends its services to real estate investment trusts and private placement fund management. Supplementing its core real estate operations, Mitsubishi Estate offers extensive architectural design and engineering services, encompassing construction, civil engineering, and urban/regional development planning and consulting. It also provides expert real estate problem-solving solutions, such as brokerage services, leasing management support for residential and commercial properties, and property appraisal.

Mitsubishi Estate Co., Ltd. is headquartered in JP.

Mitsubishi Estate Co., Ltd. (MITEY) stock trades at $22.01 with a market capitalization of $26.48B. The stock is valued at a price-to-earnings (P/E) ratio of 14.68, price-to-book of 1.54, price-to-sales of 2.21. Over the past 52 weeks the stock has ranged between $20.09 and $35.17, and currently trades 37.4% below its 52-week high. It pays a dividend yielding 1.04%.

On profitability, Mitsubishi Estate Co., Ltd. generates a return on equity (ROE) of 10.96%, return on capital employed of 5.02%, an operating margin of 20.59%, a net profit margin of 15.15%.

In its most recent fiscal year, Mitsubishi Estate Co., Ltd. reported annual revenue of $1.85T, net profit of $235.9B. Over the last 5 fiscal years, revenue grew at an average annual rate of 8.9%, and net profit grew at an average annual rate of 11.7%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 1.39, a current ratio of 1.83, total assets of $8.60T, $277.2B in cash and equivalents.

MITEY has an average daily trading volume of 84,977 shares, a beta of 0.38 (historically less volatile than the overall market).

Official website: www.mec.co.jp