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Mitsui Fudosan Co Ltd ADR (MTSFY) Fair Value & Analysis

Real Estate · US · Market cap $25.2B · ISIN US60683M1099

What is Mitsui Fudosan Co Ltd ADR really worth?

MF Mitsui Fudosan Co Ltd ADR logo Mitsui Fudosan Co Ltd ADR MTSFY · US
Price$29.14
Fair Value$40.57
Upside+39.2%
Quality45/100

Below-average quality, trading 28% below our fair value of $40.57.

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Strengths

Solidly profitable · 10.3% net margin

Risks

!Expensive Growth (revenue 5y +7.4 %/yr)
!Moderate debt · negative free cash flow
!Trails peers (4/11)
!Narrow moat 43/100
!Evidence only medium, so the estimate is less certain

For context

·2.35% dividend yield
Evidence: Medium Range $26.46 – $56.86

Fair value as of: Aug 15, 2026

From 7 valuation models · updated 21 days ago

Fair value updated Aug 15, 2026, revised from $34.16 to $40.57 (+18.8%) since Jul 27, 2026. Share price +3.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range ($26.46 to $56.86) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

$41.60 $15.18 Fair Value $40.57 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 15, 2026.

How to read this chart

60‑month range $15.18 – $41.60 · fair‑value band $26.46 – $56.86 · the $29.14 price screens below the $40.57 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 15, 2026.

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Analysis

Mitsui Fudosan Co Ltd ADR (MTSFY) currently trades at $29.14, while our model-based Fair Value estimate is $40.57, implying the stock looks roughly 28.2% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Real Estate sector. How firm this estimate is: it rests on 15 models at a data quality of 95/100, which puts the evidence level at medium.

Over the trailing twelve months, Mitsui Fudosan Co Ltd ADR generated revenue of $2.7T at a net margin of 10.3%. Revenue grew 22.2% year over year. It earns a return on equity of 8.2%. Net debt stands at $4.6T. Fundamentals as of Aug 15, 2026

Our scenario range runs from $26.46 (bear case) to $56.86 (bull case); at $29.14, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 30% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −33% fair-value upside, at 39%, MTSFY screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income best evidence $3,139 $3,428 $4,619 71
EV/EBITDA $4,366 $7,122 $9,879 66
EV/EBIT $3,854 $6,440 $9,025 64
All 7 models by family
Multiples
P/S Multiple $4,200 $5,600 $6,999 58
P/B Multiple $4,200 $5,600 $6,999 55
EV/EBIT $3,854 $6,440 $9,025 64
EV/EBITDA $4,366 $7,122 $9,879 66
EV/Revenue $374.52 $2,208 $4,042 48
Asset-Based
NCAV (Graham) $1,835 $2,459 $3,670 54
Economic Profit
Residual Income best evidence $3,139 $3,428 $4,619 71

Widest divergence: Multiples ($5,600) versus Asset-Based ($2,459). Highest evidence: Residual Income (71).

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Key figures & financial health

P/E ratio 15.4
P/S ratio 1.59 P/E × margin
EPS (TTM) $1.89 price ÷ EPS = P/E 15.4
Dividend yield 2.4% payout 36.2%
Net margin 10.3% FY2026
Return on equity 8.2% TTM
More key figures
Profitability
Return on assets (EBIT) 3.6% avg 5y
Operating margin 13.1% TTM
Growth
Revenue (TTM) $2.7T TTM
Revenue growth (YoY) +22.2% 3y avg +8.2%
EPS growth (YoY) +22.4%
Balance sheet & cash flow
Free cash flow −$96.6B FY2026
Net debt $4.6T FY2026

Figures from reported company fundamentals · as of Aug 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 41 · Market factors (momentum, volatility) 43

Profitability 29
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 9
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 73
Disciplined investing over empire-building
Low Volatility 80
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 92
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Mitsui Fudosan Co., Ltd. operates as a real estate company in Japan. It operates through five segments: Leasing, Property Sales, Management, Facility Operations, and Other. The Leasing segment leases office buildings and retail facilities, and other properties.

Full company description

Mitsui Fudosan Co., Ltd. operates as a real estate company in Japan. It operates through five segments: Leasing, Property Sales, Management, Facility Operations, and Other. The Leasing segment leases office buildings and retail facilities, and other properties. The Property Sales segment is involved in the sale of condominiums and detached housing to individuals; and rental housing and office buildings and other to investors. The Management segment engages in the property management and brokerage and asset management businesses. The Facility Operations segment is involved in the hotels and resorts, and sports and entertainment businesses. The Other segment engages in the new construction under consignment. The company was founded in 1941 and is headquartered in Tokyo, Japan.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mitsui Fudosan Co Ltd ADR reported revenue of $2.9T in FY2026 versus $2.1T in FY2022, a compound +8.1%/yr. Reported net income was $295B in FY2026, compounding +13.7%/yr from FY2022.

Growth Quality 48/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
$2.9T
Latest YoY
+9.4%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.2%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.4%
Avg. revenue growth/yr (30Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.8%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year.
+14.5% (12.1 + 2.4)
Revenue +8.1%/yr
FY22 $2.1T
FY23 $2.3T
FY24 $2.4T
FY25 $2.6T
FY26 $2.9T
Net income +13.7%/yr
FY22 $177B
FY23 $197B
FY24 $225B
FY25 $249B
FY26 $295B
Character of growth · EPS growth decomposed (2015-2026) +9.3 % p.a.
Revenue per share +5.8 %

of which total revenue +5.7 % · buybacks/dilution +0.2 %

EBIT margin +1.2 %
Tax rate +0.4 %
Residual (interest, one-offs) +1.6 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Mitsui Fudosan Co Ltd ADR Fair Value". https://www.fairvalue-calculator.com/stock/MTSFY

Peer Group

Real Estate - Diversified · 131 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 46 · Below median
Fair Value upside +39% · Above median
Return on equity (TTM) 8% · Above median
Return on assets 2% · Above median
Net margin (TTM) 10% · Below median
Operating margin (TTM) 13% · Below median
Revenue growth 22% · Above median
Dividend yield (TTM) 2.4% · Below median
Debt / equity 1.09× · Higher than 75% of peers

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/E (TTM) 15.4× · Pricier than median
PEG 1.78× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE86 · sector 50
FUTURE100 · sector 29
PAST33 · sector 19
HEALTH46 · sector 77
DIVIDEND47 · sector 60

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Aug 15, 2026).

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Fastighets AB BALDB kr 54.08 kr 70.70 +31%
Hainan Airport Infrastructure Co 600515 ¥2.79 ¥0.3300 −88%
Parque Arauco S.A PARAUCO 3,954 CLP 2,740 CLP −31%
Singapore Land Group U06 3.41 SGD 3.23 SGD −5%

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Frequently asked questions

Is Mitsui Fudosan Co Ltd ADR (MTSFY) overvalued or undervalued?
As of Aug 15, 2026, our model estimates a fair value of $40.57 versus a price of $29.14, about +39% upside (undervalued).
What is the fair value of MTSFY?
Our model-based fair value for Mitsui Fudosan Co Ltd ADR is $40.57 (as of Aug 15, 2026), built from audited fundamentals. The current price: $29.14.
What is the quality score of MTSFY?
Mitsui Fudosan Co Ltd ADR has a Quality Score of 45/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Mitsui Fudosan Co Ltd ADR (MTSFY)?
Mitsui Fudosan Co Ltd ADR reported trailing-twelve-month revenue of about $2.7T (latest available figure, as of Aug 15, 2026).
What is the net profit margin of MTSFY?
The net profit margin of Mitsui Fudosan Co Ltd ADR is about 10.3%, meaning it keeps roughly 10.3% of revenue as net income. Based on the latest reported figures.
Does Mitsui Fudosan Co Ltd ADR pay a dividend?
Mitsui Fudosan Co Ltd ADR currently shows a dividend yield of about 2.35% relative to its recent price (as of Aug 15, 2026).
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