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← CockpitCompetitor Analysis › 7211.T Mitsubishi Motor CorpOpen in the cockpit ↗

Mitsubishi Motor Corp7211.TCompetitor analysis, valuation and peers

Japan · JPY·Consumer Discretionary›Motor Vehicles

Japanese automaker, part of the Renault-Nissan-Mitsubishi alliance, focused on SUVs, pickups and EVs in Asia-Pacific.

≈ Mitsubishi Motors — a smaller alliance partner to Nissan/RenaultMomentum strong 67
Mkt cap
$3.21B
US dollars, full cap
Free float
44%
of shares outstanding
$/day
$19.3M
20-day average traded
Fwd P/E
17.9×
forward earnings
ROIC−WACC
-2.3 pp
WACC 7.3%
Hurdle
n/a
no reverse DCF
Close · JPY¥347
1D-9.0%
1W+1.3%
1M-0.5%
3M-3.0%
6M+13.4%
YTD-5.0%
1Y-12.3%
ATR %3.9%
52w lowhigh23.0% off high

What Mitsubishi Motor does

Japanese automaker, part of the Renault-Nissan-Mitsubishi alliance, focused on SUVs, pickups and EVs in Asia-Pacific.

Sells vehicles through dealers, with Southeast Asia and Japan its main markets, and relies on alliance partners for platforms and shared development costs, since it is too small to fund everything alone. Nissan took a large stake in 2016.

In one line: Mitsubishi Motors — a smaller alliance partner to Nissan/Renault.

Products and services

  • SUVs/crossovers
  • Pickup trucks
  • Plug-in hybrid EVs

Customers

  • Retail car buyers mainly in Southeast Asia, Japan,

Where it sits in the supply chain

  • Consumer discretionary
  • Automotive manufacturing
  • SUVs, pickups, plug-in hybrids

What could go right

  • Southeast Asia auto demand growth

What could go wrong

  • Global auto demand cyclicality
  • Alliance/parent (Nissan) financial stress risk

Moat: none (brand). Niche SUV/pickup brand strength in Southeast Asia but lacks global scale versus larger automakers.

Headquarters: Tokyo, Japan · Founded: 1970 · Employees: 27,695

Named competitors

Mitsubishi Motor at a glance

Size Mitsubishi Motor (7211.T) is a Japan Consumer Discretionary company (Motor Vehicles) with a market value of $3.21B, the 341st largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥347 on 6 Nov 2026.

Performance Over six months the shares gained 13.4%, against -14.8% for the median peer and +1.8% for the Japan market (cap-weighted) — 2nd highest of 21 in its peer set.

Growth Revenue grew 5.0% over the last twelve months (peer median +11.1%); the operating margin is 2.8% (peer median 4.5%).

Valuation It trades at 17.9× forward earnings against a peer median of 12.3× (5th most expensive of 17).

Capital Return on invested capital runs 2.3 points below its cost of capital (7.3% WACC).

Relative performance

8010012011 May 202611 Aug 20266 Nov 20267211.T 114Peer median 86
Six months, rebased to 100: Mitsubishi Motor against the median of its 20 peers (local-currency closes).

Mitsubishi Motor financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥2.91T¥2.90T¥2.79T¥2.79T¥2.46T
Revenue growth—+4%0%+13%—
Gross profit¥433B¥479B¥577B¥609B¥554B
EBITDA¥166B¥158B¥215B¥259B¥251B
Net income¥10.7B¥10.0B¥41.0B¥155B¥169B
Free cash flown/a-¥76.9B¥79.7B¥26.8B¥103B
Capital expendituren/a¥123B¥111B¥127B¥79.6B
Total debt¥414B¥395B¥315B¥492B¥428B

Quarterly statements and history in the cockpit →

Mitsubishi Motor competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-10%0%+10%1585HOG0425000951TRI600166VOLCAR-B603529FORCEMOT600733000800THULE7261000927601777603766543A301345IVGBLBD7211.T6-month return →1-month return →
Up and to the right = strong over both horizons. Mitsubishi Motor is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%0×100×200×1585HOG0425000951TRI603529000800THULE72616017776037663013457211.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Mitsubishi Motor is the large dot.

Mitsubishi Motor competitors and peer comparison

Head to head with its named competitors (7211.T vs 7201.T vs 7203.T vs 7202.T)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Mitsubishi Motor 7211.T$3.21B+13%+5%3%17.9×n/a
Nissan Motor 7201.T$5.98B-24%-1%2%23.1×n/a
Toyota Motor 7203.T$251B+10%+7%7%10.6×n/a
Isuzu Motors 7202.T$9.26B-1%+5%6%8.8×n/a

How Mitsubishi Motor compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Mitsubishi Motor against its 20 peers (data as of 6 Nov 2026)
Measure7211.TPeer medianRank in peer set
1-month return-0.5%-1.2%11th highest of 21
6-month return+13.4%-14.8%2nd highest of 21
Distance from 52-week high-23.0%-29.9%5th highest of 21
Revenue growth (TTM)+5.0%+11.1%10th lowest of 21
Operating margin2.8%4.5%10th lowest of 21
Forward P/E17.9×12.3×5th most expensive of 17
ROIC minus cost of capital-2.3 pp-0.5 pp8th lowest of 20
EV / EBITDA4.0×7.3×cheapest of 9
Net debt / EBITDA0.6×0.2×4th most indebted of 11

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Mitsubishi Motor 7211.TJapan$3.21B+13%+5%3%17.9×n/an/a
Yadea 1585.HKHong Kong$3.36B-28%+13%7%8.9×-11.2%+13.0%
Harley-Davidson HOGUnited States$3.40B+28%-15%-4%18.6×0.4%+2.0%
Minth 0425.HKHong Kong$3.45B-37%+14%11%7.5×2.7%+14.8%
Sinotruk Jinan Truck 000951.SZChina$3.46B-10%+36%4%11.2×-5.8%-0.8%
Trigano TRI.PAFrance$2.93B-16%+2%9%9.4×-6.0%+10.9%
Beiqi Foton Motor 600166.SSChina$2.88B-31%+13%1%10.1×-1.2%+1.3%
Volvo Car VOLCAR-B.STSweden$3.63B-45%-17%0%n/an/an/a
Aima Technology 603529.SSChina$2.67B-11%-11%5%12.7×n/an/a
Force Motors FORCEMOT.NSIndia$2.64B-8%+16%12%n/a25.2%+35.4%
BAIC BluePark New Energy Technology 600733.SSChina$4.02B-41%+54%-19%n/an/an/a
FAW Jiefang 000800.SZChina$4.11B-17%+22%-1%29.5×n/an/a
Thule THULE.STSweden$2.39B-6%+2%17%18.3×9.3%+5.9%
Mazda Motor 7261.TJapan$4.52B+12%+4%3%6.9×-14.8%+11.3%
China Railway Materials 000927.SZChina$2.20B-14%+1%2%n/a6.3%-5.0%
Chongqing Afari Technology 601777.SSChina$4.94B-35%+17%-11%208.0×n/an/a
Loncin Motor 603766.SSChina$4.97B+5%+2%9%15.9×-5.5%+12.7%
ARCHION 543A.TJapan$5.11B-9%+9%5%2.4×7.4%+0.9%
Zhejiang Taotao Vehicles 301345.SZChina$1.91B-54%+53%25%11.9×2.2%+23.3%
Iveco IVG.MIItaly$5.55B+3%-5%3%12.7×n/an/a
Blue Bird BLBDUnited States$1.82B-18%+13%12%12.8×3.7%+11.0%

Questions

Who are Mitsubishi Motor's main competitors?
Named competitors: Nissan Motor (7201.T), Toyota Motor (7203.T), Isuzu Motors (7202.T). The cockpit's measured peer set (industry) also includes Yadea (1585.HK), Harley-Davidson (HOG), Minth (0425.HK), Sinotruk Jinan Truck (000951.SZ), Trigano (TRI.PA), Beiqi Foton Motor (600166.SS).
Is Mitsubishi Motor expensive compared with its peers?
On forward p/e it trades at 17.9× against a peer median of 12.3×, 5th most expensive of 17 in its peer set.
How has Mitsubishi Motor stock performed?
Over six months to 6 Nov 2026 the shares returned +13.4% against -14.8% for the median peer; over one year -12.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.