Mitsubishi UFJ Financial Group

Mitsubishi UFJ Financial Group (MUFG) is the largest bank in Japan in terms of market capitalization and assets, with an 8.1% share of all domestic loans as of 2024. Here is a detailed overview of MUFG’s market performance and financial data:

Market Performance

Market Capitalization

As of June 2024, MUFG’s market capitalization is ¥19,475 billion (approximately $130.81 billion).

Stock Price History

The average stock price for MUFG in 2024 was ¥10.31, with a year open of ¥10.29, a year high of ¥11.22, a year low of ¥6.85, and a year close of ¥10.31. The annual percentage change was 0.5%.

Historical Market Cap

MUFG’s market capitalization has seen significant growth over the years. In 2022, the market cap was ¥116.18 billion (approximately $93.09 billion), and by 2023, it had increased to ¥130.81 billion.

Financial Performance

Revenue and Operating Income

MUFG’s revenue was ¥13,375 billion (approximately $103.427 billion) in 2024, and its operating income was ¥1,280 billion (approximately $10.16 billion) in the same year.

Employee Count and Units Sold

The company had a total of 338,651 employees in 2024 and sold 84.8 million mobile telephony subscribers at the end of March 2022.

Regional Revenue

MUFG generated around ¥10,931 billion (approximately $85.3 billion) from Japan in 2024.

Financial Ratios

Price-to-Earnings (P/E) Ratio

MUFG’s P/E ratio is 30.9, indicating that the stock price is 30.9 times the earnings per share.

Price-to-Book (P/B) Ratio

The P/B ratio for MUFG is 1.2, indicating that the stock price is 1.2 times the book value per share.

Beta

MUFG’s beta is 0.69, indicating that the stock price is moderately correlated with the overall market.

Valuation Measures

Market Cap-to-EBITDA Ratio

MUFG’s market cap-to-EBITDA ratio is 1.77, indicating that the market capitalization is 1.77 times the earnings before interest, taxes, depreciation, and amortization.

Enterprise Value-to-EBITDA Ratio

The enterprise value-to-EBITDA ratio for MUFG is 1.55, indicating that the enterprise value is 1.55 times the earnings before interest, taxes, depreciation, and amortization.

Analyst Consensus

Mean Consensus

The mean consensus among analysts is to OUTPERFORM, with a target price of ¥11.73 and a spread of +24.62%.

EPS Revisions

The EPS revisions for MUFG indicate a positive trend, with estimates for the full year ending March 31, 2024, at ¥1,280 billion (approximately $10.16 billion).

Conclusion

Mitsubishi UFJ Financial Group is a significant player in the Japanese financial industry, with a diverse portfolio of services and a strong financial performance. The company’s market capitalization and revenue have seen significant growth over the years, and its financial ratios indicate a stable and profitable business.