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MFG vs. MUFG: Mizuho Financial vs. Mitsubishi UFJ Financial Stock Comparison

How do Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG) are both classified in the Diversified Banks sub-industry within the broader Banks industry, placing them in the closest GICS peer bucket.

Both Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
Profile ItemMFGMUFG
NameMizuho Financial Group, Inc. American Depositary ReceiptsMitsubishi UFJ Financial Group, Inc. ADR
Country/RegionJapanJapan
GICS SectorFinancialsFinancials
GICS Industry GroupBanksBanks
GICS IndustryBanksBanks
GICS Sub-IndustryDiversified BanksDiversified Banks
Market Capitalization113.48 billion USD236.03 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateNovember 8, 2006April 2, 2001
Security TypeADRADR

Price Performance

Cumulative Growth

MFG
MUFG
GSPC
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Total Return (1Y)46.98%43.67%
Total Return (3Y, Annualized)47.92%41.12%
Total Return (5Y, Annualized)30.77%32.49%

Risk Profile

Drawdown History

MFG
MUFG
GSPC
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Volatility (1Y, Annualized)33.78%27.19%
Beta (5Y)0.580.52
Max Drawdown (5Y)-28.34%-35.56%
Avg. Volume (3M)3.45M2.76M

Risk-Adjusted Performance

Risk-Return Positioning

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MFG and MUFG are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Sharpe Ratio (1Y)1.261.45
Sortino Ratio (1Y)1.922.18

Profitability

ROE (TTM)

Mizuho Financial (MFG) at 12.49% is around its peer norm for ROE, while Mitsubishi UFJ Financial (MUFG) at 9.46% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.

MFG

Banks industry group

12.49%

Max
19.84%
Q3
13.67%
MFG
12.49%
Median
11.49%
Q1
9.50%
Min
3.64%

MUFG

Banks industry group

9.46%

Max
19.84%
Q3
13.67%
Median
11.49%
Q1
9.50%
MUFG
9.46%
Min
3.64%
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their ROE against the Banks industry group benchmark.

Net Margin (TTM)

Both Mizuho Financial (MFG) at 29.14% and Mitsubishi UFJ Financial (MUFG) at 27.45% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

MFG

Banks industry group

29.14%

Max
47.19%
Q3
35.25%
Median
31.21%
MFG
29.14%
Q1
27.11%
Min
14.93%

MUFG

Banks industry group

27.45%

Max
47.19%
Q3
35.25%
Median
31.21%
MUFG
27.45%
Q1
27.11%
Min
14.93%
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their net margin against the Banks industry group benchmark.

Operating Margin (TTM)

Neither side reports a meaningful operating margin: for Mizuho Financial (MFG) in Banks and Mitsubishi UFJ Financial (MUFG) in Banks, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.

Profitability Metrics

Profitability metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
ROE (TTM)12.49%9.46%
ROA (TTM)0.48%0.52%
Net Margin (TTM)29.14%27.45%
Operating Margin (TTM)----
Gross Margin (TTM)----

Growth

Revenue Growth

Both Mizuho Financial (MFG) at 15.82% and Mitsubishi UFJ Financial (MUFG) at 9.98% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Mizuho Financial (MFG) at 43.61% and Mitsubishi UFJ Financial (MUFG) at 33.15% sit in the top peer quartile for EPS growth, so each is compounding per-share earnings faster than typical industry peers.

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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Revenue Growth (YoY)15.82%9.98%
Revenue Growth (3Y CAGR)16.50%7.48%
EPS Growth (YoY)43.61%33.15%
EPS Growth (3Y CAGR)31.89%--

Financial Strength

Current Ratio (MRQ)

current ratio doesn’t apply on either side: Mizuho Financial (MFG) in Banks and Mitsubishi UFJ Financial (MUFG) in Banks both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

Debt / Equity (MRQ)

debt-to-equity ratio is set aside for both: Mizuho Financial (MFG) in Banks and Mitsubishi UFJ Financial (MUFG) in Banks run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Financial strength metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Current Ratio (MRQ)----
Debt / Equity (MRQ)----
Net Debt / EBITDA----

Dividends

Dividend Yield (TTM)

Both Mizuho Financial (MFG) at 1,544.20% and Mitsubishi UFJ Financial (MUFG) at 406.81% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

MFG

Banks industry group

1,544.20%

MFG
1,544.20%
Max
5.79%
Q3
3.18%
Median
2.39%
Q1
1.20%
Min
0.00%

MUFG

Banks industry group

406.81%

MUFG
406.81%
Max
5.79%
Q3
3.18%
Median
2.39%
Q1
1.20%
Min
0.00%
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their dividend yield against the Banks industry group benchmark.

Dividend Payout Ratio (TTM)

Both Mizuho Financial (MFG) at 24.88% and Mitsubishi UFJ Financial (MUFG) at 34.74% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

MFG

Banks industry group

24.88%

Max
70.75%
Q3
41.28%
Median
29.26%
MFG
24.88%
Q1
18.98%
Min
0.00%

MUFG

Banks industry group

34.74%

Max
70.75%
Q3
41.28%
MUFG
34.74%
Median
29.26%
Q1
18.98%
Min
0.00%
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their payout ratio against the Banks industry group benchmark.

Dividend Metrics

Dividend metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
Dividend Yield (TTM)1,544.20%406.81%
Dividend Payout Ratio (TTM)24.88%34.74%

Valuation

P/E Ratio (TTM)

Both Mizuho Financial (MFG) at 12.88 and Mitsubishi UFJ Financial (MUFG) at 13.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

MFG

Banks industry group

12.88

Max
18.16
Q3
13.75
MFG
12.88
Median
11.81
Q1
10.64
Min
6.49

MUFG

Banks industry group

13.71

Max
18.16
Q3
13.75
MUFG
13.71
Median
11.81
Q1
10.64
Min
6.49
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their P/E ratio against the Banks industry group benchmark.

P/S Ratio (TTM)

P/S ratio is set aside for both Mizuho Financial (MFG) in Banks and Mitsubishi UFJ Financial (MUFG) in Banks: without a conventional revenue line, pricing per dollar of sales isn’t meaningful, and book- or earnings-based multiples make the better comparison.

P/B Ratio (MRQ)

Mizuho Financial (MFG) at 1.57 is valued about in line with its industry on P/B ratio, while Mitsubishi UFJ Financial (MUFG) at 1.64 carries an above-peer premium to book — MUFG is pricier on assets.

MFG

Banks industry group

1.57

Max
2.28
Q3
1.58
MFG
1.57
Median
1.32
Q1
1.10
Min
0.59

MUFG

Banks industry group

1.64

Max
2.28
MUFG
1.64
Q3
1.58
Median
1.32
Q1
1.10
Min
0.59
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Mizuho Financial (MFG) vs. Mitsubishi UFJ Financial (MUFG): A comparison of their P/B ratio against the Banks industry group benchmark.

Valuation Metrics

Valuation metrics for Mizuho Financial (MFG) and Mitsubishi UFJ Financial (MUFG)
MetricMFGMUFG
P/E Ratio (TTM)12.8813.71
P/S Ratio (TTM)----
P/B Ratio (MRQ)1.571.64
Free Cash Flow Yield (TTM)----