Mitsubishi UFJ Financial Group, Inc. (MUFG) vs Banco Santander, S.A. (SAN)

Mitsubishi UFJ Financial Group, Inc. and Banco Santander, S.A. are both Banks Diversified companies. Mitsubishi UFJ Financial Group, Inc. is the larger, with a market value of $269.5B against $208.6B — 1.3× the size. Banco Santander, S.A. trades at the lower P/E: 11.6× against 18.3×. Banco Santander, S.A. grew revenue faster over the last twelve months: 76.4% against 44.4%. Mitsubishi UFJ Financial Group, Inc. has the higher net margin (19.3% vs 14.0%) and the lower return on invested capital (0.00% vs 13.5%). Both pay a dividend; Banco Santander, S.A. yields more (6.02% vs 3.01%). Across the 19 metrics below, Banco Santander, S.A. leads on 12 and Mitsubishi UFJ Financial Group, Inc. on 7.

Valuation

Metric MUFG SAN Banks Diversified median
P/E 18.27 11.63 13.67
P/S 3.42 1.50 2.72
P/B 1.74 1.51 1.69
Price to free cash flow n/m n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales (6.66) 1.72 —
Earnings yield 5.47% 8.60% 7.33%
Free cash flow yield (89.35%) (21.86%) 7.63%

Profitability

Metric MUFG SAN Banks Diversified median
Gross margin 65.49% 50.17% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 19.25% 14.00% 18.44%
Free cash flow margin 0.00% (32.77%) 1.96%
Return on equity 10.10% 14.66% 11.14%
Return on assets 0.55% 0.87% 0.74%
Return on invested capital 0.00% 13.45% 0.00%

Growth

Metric MUFG SAN Banks Diversified median
Revenue growth (TTM) 44.39% 76.39% 4.67%
EPS growth (last fiscal year) 51.98% 972.92% —
Revenue growth, 5-year CAGR 6.61% 15.04% 14.34%
Net income growth, 5-year CAGR 9.34% 0.00% 10.77%

Health

Metric MUFG SAN Banks Diversified median
Debt to equity 1.10 3.89 1.39
Current ratio 0.85 0.24 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric MUFG SAN Banks Diversified median
Dividend yield 3.01% 6.02% 3.80%
Payout ratio 0.25 0.20 0.31

Size

Metric MUFG SAN Banks Diversified median
Market cap 269.52b 208.58b 186.46b

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