Deep dive · OTC Markets OTCPK: MHVYF
Mitsubishi Heavy Industries, Ltd. stock analysis
Everything behind the call on Mitsubishi Heavy Industries, Ltd. 6 sections, ordered the way risk stacks up: survival first, quality and price in the middle, context last. The Beacon gives you the read. This is where you check the work.
The five reads
Global tape
No overseas listings — MHVYF trades on its home exchange only.
The bottom linestart hereAs of 2026-11-06
Chart pattern
Below both averages
The 50-day sits below the 200-day
50-day $23.63 · -14.6%
200-day $26.26 · -23.2%
200-day $26.26 · -23.2%
Earnings
In 86 days
3 Feb 2027
cohort P(beat) 61% · n=142,820
Valuation
32.6× forward
Against consensus earnings
FCF yield 466.13%
Dividend
0.94%
A rounding error against cash — this is a capital-gains position
Risk flags
None flagged
5 checks run, 3 clear
beta 1.00 · vol 42% ann.
worst drawdown -45%
worst drawdown -45%
New to this? Every metric carries a plain-English read beside it, and an ⓘ next to a label opens the definition. Anything unfamiliar is also defined at the foot of the page under Glossary.
OTC Markets OTCPK · USDSpecialty Industrial Machinery
$20.18+1.28 · +6.77%RTH · vol 25
52-week range↑ 9% off low · ↓ 41.5% off high
$18.50now $20.18$34.50
Quote Nov 9, 2026 · 1:36 PM ET
Tape 2026-11-06
Factors 2026-11-06
Tape 2026-11-06
Factors 2026-11-06
01
Survival & solvency
and 3 of 5 forensic checks clear.
↳ Plain EnglishBefore anything else: can this company pay its bills? These blocks check the balance sheet, whether your slice of ownership is being diluted, and whether the accounting looks honest.
Piotroski F-score
F 8/9CLEAR
Piotroski F-score 8 of 9. Nine pass/fail tests covering profitability, leverage and operating efficiency; seven or more is strong.
Balance sheetNov 9, 2026
Solvency and liquidity ratios
Current ratioshort-term assets against short-term bills1.24×healthy >2
Debt / equityborrowings against shareholder capital0.48
Net debtborrowings in excess of cash on hand$473.46B
Your ownership stake
Share-count growth vs peersLOW DILUTION
28th pctile
Where this name's share-count growth ranks among peers. Lower is less dilutive.
Accounting forensicsSEC filings
Red-flag x-rayGRADE A
100 / 100
0 critical · 0 watch · 3 clear of 3 scored tests
Red-flag x-ray · every check, passes included
CheckStatusValueWhat it looks for
Bankruptcy distressNAn/aAltman-Z not available · fundamentals
Earnings manipulationCLEARM -2.67M-score in range · fundamentals
LeverageCLEARLTD/E 0.34long-term debt 0.34× equity · fundamentals
Profitability qualityCLEARF 8/9Piotroski F-score 8 of 9 · fundamentals
Filing forensicsNAn/aFiling forensics not available · forensic
5 checks, 3 clear. The passes are shown because a score built from five checks means something different from one built from three.
02Refreshed · Nov 9, 2026FAIR · 48/100
Business quality
5% net margin, 10% return on equity, +8% revenue growth.
↳ Plain EnglishMargins tell you how much of each sales dollar the company keeps. Return on capital tells you whether reinvesting that money creates value. Both are read against what the filings support, not against a target.
Quality score
48 / 100FAIR
Profitability, growth and balance strength scored separately, then blended.
ProfitabilityRefreshed · Nov 9, 2026
Net marginOF EVERY SALES DOLLAR
4.9%
The share of revenue that survives every cost and becomes profit.
Gross marginPRICING POWER
20.5%
What is left of a sales dollar before overhead — the clearest read on pricing power.
Operating marginAFTER RUNNING COSTS
7.7%
What survives the cost of running the whole business.
Return on equityPER $1 OF EQUITY
10.5%
Annual return on each dollar of shareholder equity.
Incremental ROIC (3y)ON NEW CAPITAL
34.7%
The return on capital put to work over the last three years — a sharper read than the trailing average, because it prices the newest decisions.
Growth & relative strength
Trailing return by period
1 month-22.2%
3 months-24.9%
6 months-34.8%
Year to date-36.8%
Revenue growth (YoY)GROWING
+8.0%
Revenue against the same period a year ago.
12-1 momentumEX LAST MONTH
-20.7%
Return over the last year excluding the most recent month — the standard momentum factor, which drops the short-term reversal.
Relative-strength rankBOTTOM 27%
27 / 100
Where this name's 3-month return against the S&P 500 ranks across the market — a quarter's standing, not the year's.
Around earnings
P(beat next quarter)COHORT BASE RATE
61%
survivor-tilted universe (currently-listed names; large-cap-skewed coverage)
Typical earnings moveData unavailableRealized move magnitudes are not published for this name yet — no measured print on file.
Reaction: beat vs missData unavailableThe beat-versus-miss reaction gap is not computed for this name — undetermined — needs ≥12 measured beats.
Consensus biasVALIDATED
Persistent
insufficient surprise history
Next reportIN 86 DAYS
3 Feb 2027
Reports amc · consensus EPS $20.64
Dividends & income
Data unavailableThis company does not pay a dividend. There is no yield, payout ratio or ex-dividend date to show, and the return case rests entirely on capital gains.
Signal
Not an income position.
No dividend is declared, so nothing here contributes to total return except the price. That is a fact about the security, not a criticism of it.
Inventory ledger
Data unavailableNo inventory detail is tagged in this company's filings. The ledger needs the XBRL inventory components, which a business without physical goods does not report.
Segments & geography
Data unavailableRevenue by segment and region is not on file for this name, so product and geographic concentration are not shown.
Pattern reliability · platform-wide cohortSnapshot · Nov 6, 2026
Downtrend · leans bearish
HorizonHigherMedianObservations
10d47%0.0%1,308,676
21d47%0.0%613,759
63d47%-0.9%195,225
slope -0.20 over 40 bars
Tweezer bottom · leans bullish
HorizonHigherMedianObservations
10d44%0.0%357,443
21d45%0.0%167,512
63d47%0.0%53,047
matching lows
Double top · leans bearish
HorizonHigherMedianObservations
10d49%0.0%1,261,485
21d50%0.0%593,026
63d52%+0.4%187,344
two peaks ≈ equal — reversal if neckline breaks
Triple top · leans bearish
HorizonHigherMedianObservations
10d50%0.0%1,013,005
21d51%+0.1%475,568
63d53%+0.4%149,429
three peaks ≈ equal
Falling wedge · leans bullish
HorizonHigherMedianObservations
10d49%0.0%444,814
21d50%0.0%208,795
63d50%0.0%66,621
falling & converging — bullish
Gap up · leans bullish
HorizonHigherMedianObservations
10d42%-1.2%185,691
21d42%-2.3%87,367
63d42%-4.6%27,599
opened 6.4% above prior close
Rsi oversold · leans bullish
HorizonHigherMedianObservations
10d45%0.0%237,974
21d47%0.0%110,958
63d50%0.0%34,927
RSI 25 ≤ 30
0332.6× FORWARD
Price & timing
Price $20.18, 32.6× forward earnings, RSI 25.
↳ Plain EnglishA multiple is what the market charges for a dollar of this company's earnings, cash or revenue; the trend and the options tape say what the price is doing around it. Together they are the timing picture, not the quality one.
Trend
Below every average0 OF 3 AVERAGES
50-day $23.63 · 200-day $26.26. Price above both is the structural definition of an uptrend.
The setup right now
Price · 151 sessions2026-04-06 → 2026-11-06
price50-day200-day
How to read this
Up 6.77% on the session.
Follow the solid line: each point is a session close. Compare it to the 50-day average — while price stays above it the short-term trend is up, and a drop below is the first structural warning.
Momentum (RSI-14)OVERSOLD
25
030 oversold70 hot100
Where momentum sits on a 0–100 scale. Above 70 is overbought, below 30 oversold; the middle says the move has room either way.
Typical day (ATR-14)±6.1%
$1.24
The average true range — how far this stock moves on an ordinary day. It sets the scale a stop has to clear.
MACDBELOW SIGNAL
-0.37
The short-term trend against its own signal line. The sign is the read; the size is not a target.
Bollinger position15% OF RANGE
Lower band
Where price sits inside its own volatility band. The edges are where a move is stretched, not where it reverses.
20-day VWAPPRICE BELOW
$22.71
The volume-weighted average of the last month. Price above it means recent buyers are, on average, in profit.
Chandelier exitBROKEN
$22.22
A volatility-based trailing stop, set a few average ranges below the recent high.
3 Feb 2027 · in 86 daysNext earningsThe next scheduled catalyst. The forward guide usually moves the tape more than the printed number.
2026-11-10 · tomorrowInflation (CPI)A scheduled macro release. It moves this stock independently of anything the company does.
Setup & oddsNightly
Pullback riskoverstretch read
High1.31× segment rate · n=406
Historically, large names in this tape state saw a ≥10% pullback within 63 trading days in 87% of cases (n=406).
Overstretchvs the 20-day mean
-2.2σ
How many standard deviations price sits from its 20-day mean. Beyond 2σ is genuinely stretched; inside it is ordinary.
Bottom zoneif it breaks down
$18 – $192 supports
Where prior demand appeared: Low 52w at $18.50, S1 at $18.40.
Slide scorefalling-knife check
89 / 100Falling knife
A composite of consecutive down days, gap risk and volume expansion. Low means any decline is orderly.
Valuation
Earnings yield vs cashBELOW CASH
-1.76pp
Cash pays more than the earnings yield today, so what you are buying is future growth rather than a current return.
Net cash per shareNET DEBT
$-140.34
Cash less every borrowing, per share. It is the part of the price that is not a claim on future profits.
Multiples
Forward P/Eearnings expected over the next 12 months32.6×
Trailing P/Eearnings already reported35.4×
Price / salesprice against revenue, before any of it becomes profit0.0×
Price / bookprice against the accounting value of the assets0.0×
EV / EBITDAthe multiple an acquirer would pay1.0×
EV / free cash flowenterprise value against the cash the business throws off1.9×
FCF yieldfree cash flow per dollar of market value466.13%
2 of the 7 priced multiples above sit in the richer half of its band. Each priced multiple is read against this stock's own history where a five-year range is on file, so the question is whether today is dear for this name rather than for the market. The multiples are computed separately from the quote above and are not re-priced as it moves, so they can lag it.
Price horizon & timingNov 6, 2026
Entryzone of 52-week low + S1
$18.81Approach
Where the composer's entry sits, on its own stated basis.
TargetSma 50 + vwap 50
$23.73$23–$24
A zone, not a price. It is where the composer expects supply, not a forecast.
Stop2× ATR below entry
$16.33risk $2.47/sh
The level that says the setup is wrong, on the basis named beside it.
Risk / rewardtarget vs stop
1.99:1
Reward against risk on the composer's own levels.
Measure from a price$
To the 50-day
+17.1%
short-term trend line · $23.63
To the 200-day
+30.1%
primary trend line · $26.26
To the composer's target
+17.6%
Sma 50 + vwap 50 · set Nov 6, 2026 · $23.73
To the composer's stop
-19.1%
2× ATR below entry · set Nov 6, 2026 · $16.33
To the 52-week high
+71.0%
highest print of the past year · $34.50
To the 52-week low
-8.3%
lowest print of the past year · $18.50
A typical day (ATR)
$18.94 – $21.42
±$1.24 average true range
Type any price to re-measure every distance from it. Each row is a level this page already states somewhere else, so nothing here is a new number — and none of it is a recommendation to trade at that price.
Signal
The levels line up.
Entry $18.81 · stop $16.33 · target $23.73, a 1.99:1 ratio. The composer flagged: elevated distress, composer flag not stamped for this print · levels vintage 2026-11-06.
Gamma map
Data unavailableThis name has no listed options chain, so there is no dealer gamma to map. Regime, flip level, walls and the implied move all need a chain to exist.
Options tape
Data unavailableNo options chain is connected for this ticker. Max pain, the put/call ratio, the implied move and the open-interest ladder all need the chain feed.
0413F quarterly · Form 4 dailyNET SIGNAL +2
Ownership & flow
Institutions hold 45%.
↳ Plain EnglishWho is buying and selling, and what they had to disclose. Institutions file 13F 45 days after quarter end, executives file Form 4 within two days, and Congress discloses under the STOCK Act with a 30–45 day legal lag. Every one of those is a look backwards.
Net signal
+2BALANCED · 30d
1 bull / 0 bear factors. The points sum to the net beside the label; nothing here is weighted after the fact.
The QTick signalNightly
Quality / valueTTM · CONTEXT
+2
strong Piotroski F-score (8/9)
Signal
1 bull / 0 bear factors
Independent factors scored and netted to +2 over 30d, a balanced reading. 1 of 9 factors carried a direction; the others scored zero and do not vote. The signal describes where the data leans, not what to do about it.
Cross-category read
Data unavailableFewer independent evidence families are ready than the engine's minimum, so there is nothing to check for agreement. A cross-category read over two categories is not a read.
Wall Street
Data unavailableNo sell-side firm publishes research on this name. There is no consensus rating, no price target and no estimate revisions to weigh — for a company this size that is the norm rather than a gap in our data.
Who owns it13F quarterly · Form 4 daily
Institutional ownershipRETAIL-HEAVY
45.0%
The share held by 13F filers. It describes last quarter's positioning, not today's — filings land up to 45 days after quarter end.
Insider ownershipOFFICERS & DIRECTORS
2.7%
The share held by the people running the company.
Dollar volume (ADV)34th PCTILE
$344,849/day
Average dollars traded per day, and where that ranks cross-sectionally. Thin liquidity is a cost you pay on the way out, not just on the way in.
Borrow feeData unavailableWe do not license securities-lending data, so the annualized cost of borrowing shares to short is not something we can show. Short interest and days-to-cover above are the closest read we can source.
The story · news & sentimentRolling window
Why it moved todayPEER COMOVE
+6.77%
MHVYF rose +6.77% in today's session alongside 5 of 5 peers (median 6.87%) — a sector/market move, not company-specific.
CongressSTOCK Act · 30–45d lag
Signal
Net buying.
5 of 6 disclosures are buys and 1 is a sale. Lawmakers disclose on a 30–45 day legal lag, so this describes what was done weeks ago, not what is being done now.
054 graded callsHIGH VOLATILITY
Risk & track record
Beta 1.00, 42% annual volatility, a -45% worst drawdown, and 3 of 8 risk surfaces clear.
↳ Plain EnglishWhat owning it does to a portfolio, what the model votes against, and how often our own calls have been right. Every call is graded when it resolves, and the ones still open stay visible.
Max drawdown
-44.5%WORST FALL
The deepest peak-to-trough fall in the measured window. Only hold a position you can watch do this.
What it does to a portfolio5-year window
Beta (vs the market)LOW FIT
1.00
The market explains about 8.2% of its daily moves, so this beta says little about how it tracks the index — most of its movement is its own.
Annualized volatilityELEVATED
42%
How far it swings over a year, from its own realized returns.
Tactical phaseNIGHTLY READ
Falling knife
Selling pressure68
Buying pressure0
Overheat0
State: falling_knife — Still breaking lower without consolidation — a fresh swing-low printed and no basing pattern has formed yet.
What votes against
Data unavailableNo factor in the model currently votes against this name. That is a statement about the model's inputs today, not a claim that nothing could go wrong.
Failure modes · by company type
Data unavailableFailure modes are routed per company type, and only the bank-run and crypto-treasury rulebooks are validated so far. This name routes as growth, so there is no cohort-specific checklist to run. A generic list would read as analysis without being any.
The risk case · why not to buy8 surfaces · nightly
Suggested position capmax defensible size
3.2%tail cap binds
max defensible size 3.2% - tail binds
Avoid score6-month distress
20.8%2.8× its cohort · thinly-traded small-caps
Observational 6-month large-drawdown risk ranking — not a forecast, not alpha. Historical distress rate for this thinly-traded small-caps segment: 7.5%. This name reads 2.8× that base rate.
LowDistress screenThe distress model did not score this name in the latest run, so this surface is unmeasured rather than clear.Not scored
MedPosition size, not conviction, is the binding constrainthalf-Kelly 53.5% · tail cap 3.2% · category cap 90.1%. The tail cap binds, so 3.3% is the number (n=15,197). We show which one binds rather than the friendliest.Sizing
LowLottery-ticket behaviourIts best 21-day return sits at 2.3% against a 11.0% cohort 90th-percentile threshold — below the line where forward returns have historically turned negative.Behaviour
LowCash runwayNon-burner: catastrophe rate 6.1% (n=297414).Solvency
LowPost-earnings driftNo measured earnings reaction on file, so the drift surface is unmeasured.Not scored
LowDividend riskNot scored for this name.Not scored
LowRestatement historyFiling history is not deep enough to check for restatements.Not scored
LowCrowded shortNot in a warn state: the crowded-short model only publishes when short interest and thin liquidity coincide, and neither condition is met here.Not scored
Signal
3 of 8 surfaces clear.
8 surfaces checked, 3 clear. The binding constraint is position size — the tail cap is the one that binds. Each row states which surface it is and what it measured; a surface that could not be scored says so rather than counting as clear.
Who should skip it
Skip it if any of these is you
You can't sit through -45%
That is this name's deepest measured fall, on 42% annualized volatility. A drawdown of that size is normal here, not exceptional.
You want income
A 0.94% yield is a rounding error against cash. This is a capital-gains position.
Our track record4 resolved
Track recordBUILDING IN THE OPEN
14 logged
14 calls logged on this name, 4 resolved so far. Calls are logged the moment they are made, so the open ones are public before anyone knows how they turn out, and a hit-rate is not published until enough of them resolve.
0610-K disclosed linksSPECIALTY INDUSTRIAL MACHINERY
The wider context
5 mapped peers, 4 connections.
↳ Plain EnglishCompanies do not trade alone. This is the peer set, the supply chain that has to deliver, and the macro variables that move the stock regardless of company news.
Next macro catalyst
Inflation (CPI)TOMORROW
2026-11-10. A scheduled release that moves this stock independently of anything the company does.
Versus peersLatest session
Peer set · 5 names
SymbolRelationshipPriceSession
6268.TPeerJPY 3,985.00+6.87%
6135.TPeerJPY 2,605.00+3.01%
GEVCompetitor$823.62+6.40%
SMEGFCompetitor$140.23+11.74%
SMERYCompetitor$27.80+7.01%
The mapped peer set and how each traded in the latest session. A peer moving with this name says the move is the sector's; one moving against it says the move is this company's.
Time machineHistory from 2026-06-02
Signal
Every backward window is negative.
Look-back returns describe what happened, not what is likely. They are here to set the scale a future move would be measured on.
Macro driversRolling window
Events · what moves this stockSep 7, 2026
Durable goods ordersUsually helps when orders come in stronger than expected
Industrial companies sell into exactly this activity.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
GDP (advance estimate)Usually helps when the economy grows faster than expected
Industrial companies sell into exactly this activity.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
Government shutdown / funding deadlineUsually hurts when funding lapses and the government shuts down
Government contracts and payments stop; defense and services contractors feel it first.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
ISM manufacturing PMIUsually helps when factories report stronger conditions than expected
Industrial companies sell into exactly this activity.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
Industrial productionUsually helps when factory output comes in stronger than expected
Industrial companies sell into exactly this activity.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
ADP private payrollsUsually helps when private hiring comes in stronger than expected
Strong hiring means factories and builders are busy.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
Bank of Japan decisionUsually hurts when the Bank of Japan sounds more hawkish than expected
A stronger yen makes Japanese rivals dearer, which helps a little; the sell-off usually wins.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
Beige BookUsually helps when business conditions read stronger than expected
Industrial companies sell into exactly this activity.
Typical for the Industrials sector
No price history on file yet for MHVYF around this report. The read above is for its sector as a whole.
Customer momentum
Data unavailableCustomer momentum needs listed customers that disclose a revenue dependence on this company, and none is on file. The connections below are a different map: competitors and partners, most of them curated rather than filed.
Connections4 links · none confirmed
Direct connections · 4 edges
CompanyRelationSessionProvenance
JSDF · Suppliersuppliernot pricedRumored · manual
BA · Suppliersupplier-0.10%Rumored · manual
GEV · Competitorcompetitor+6.40%Rumored · manual
SMERY · Competitorcompetitor+7.01%Rumored · manual
0 of 4 edges are named in a filing; the rest come from reporting we have not matched to one yet, and are labelled as such.
Glossary · every term on this page
Survival
Altman Z
Bankruptcy-risk score. Above 3.0 is the safe band.
Piotroski F
Nine pass/fail health tests; 7 or more is strong.
Beneish M
Accrual and growth pattern screen. Clear below −2.22, watch to −1.78, elevated above; a year of very fast revenue growth lifts it by construction.
Merton DTD
Standard deviations of asset value between the company and its debt.
EDF
Default frequency calibrated on what actually happened to similar names.
Price & tape
RSI-14
Momentum gauge 0–100. Above 70 is overbought, below 30 oversold.
ATR
Average true range — the size of a typical day.
VWAP
20-day volume-weighted average price — the average paid over the last month; the page shows no intraday VWAP.
Supertrend
A trend-following stop line. A close through it flips the read.
Chandelier
A trailing stop set a few average ranges below the recent high.
Options & flow
Gamma / GEX
Dealer hedging pressure. Negative gamma amplifies moves both ways.
Call / put wall
The strikes with the heaviest open interest; they act as ceiling and floor.
Max pain
The strike where most options expire worthless.
13F · Form 4
Institutional filings, 45 days after quarter end. Insider trades, within two days.
Scoring
Composite signal
Independent factors scored and netted into one number.
Hit-rate
Share of past calls that resolved in the direction stated.
Brier score
Calibration measure. Lower means stated probabilities track reality.
HHI
Concentration 0–10,000. Above 2,500 means one segment carries the company.
EVT
Fits the tail rather than assuming a bell curve, so bad days are not understated.