Banco Bilbao Viscaya Argentaria S.A. (BBVA) vs Mitsubishi UFJ Financial Group, Inc. (MUFG)

Banco Bilbao Viscaya Argentaria S.A. and Mitsubishi UFJ Financial Group, Inc. are both Banks Diversified companies. Mitsubishi UFJ Financial Group, Inc. is the larger, with a market value of $269.5B against $157.5B — 1.7× the size. Banco Bilbao Viscaya Argentaria S.A. trades at the lower P/E: 13.1× against 18.3×. Mitsubishi UFJ Financial Group, Inc. grew revenue faster over the last twelve months: 44.4% against 19.1%. Banco Bilbao Viscaya Argentaria S.A. has the higher net margin (26.8% vs 19.3%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; Banco Bilbao Viscaya Argentaria S.A. yields more (7.09% vs 3.01%). Across the 18 metrics below, Banco Bilbao Viscaya Argentaria S.A. leads on 12 and Mitsubishi UFJ Financial Group, Inc. on 6.

Valuation

Metric BBVA MUFG Banks Diversified median
P/E 13.12 18.27 13.67
P/S 3.57 3.42 2.72
P/B 2.25 1.74 1.69
Price to free cash flow 4.53 n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales 0.94 (6.66) —
Earnings yield 7.62% 5.47% 7.33%
Free cash flow yield 22.07% (89.35%) 7.63%

Profitability

Metric BBVA MUFG Banks Diversified median
Gross margin 100.00% 65.49% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 26.82% 19.25% 18.44%
Free cash flow margin 78.73% 0.00% 1.96%
Return on equity 17.50% 10.10% 11.14%
Return on assets 1.25% 0.55% 0.74%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric BBVA MUFG Banks Diversified median
Revenue growth (TTM) 19.14% 44.39% 4.67%
EPS growth (last fiscal year) 9.34% 51.98% —
Revenue growth, 5-year CAGR 9.75% 6.61% 14.34%
Net income growth, 5-year CAGR 50.32% 9.34% 10.77%

Health

Metric BBVA MUFG Banks Diversified median
Debt to equity 1.77 1.10 1.39
Current ratio 1.06 0.85 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BBVA MUFG Banks Diversified median
Dividend yield 7.09% 3.01% 3.80%
Payout ratio 0.37 0.25 0.31

Size

Metric BBVA MUFG Banks Diversified median
Market cap 157.54b 269.52b 186.46b

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