MUFG vs HSBC Stock Comparison

Mitsubishi Ufj Financial and Hsbc Holdings Prices as of Oct 23, 2026 Peers: Industry group
HSBC Hsbc Holdings Plc
$90.65 -9.5% 1M +36.8% 1Y
Market cap
$317.90B
P/E
12.8x
Revenue (TTM)
$55.61B
Div. yield
–
Money Center Banks Financial Services
5 wins

Head to Head

9 decided of 12

Hsbc Holdings leads on 5 of the 12 questions below (Hsbc Holdings 5, Mitsubishi Ufj Financial 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMUFGHSBCLeader
Larger companyMarket capitalisation $240.31B $317.90B HSBC
Cheaper on earningsLower P/E, profitable companies only 15.9x 12.8x HSBC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.3x 10.0x HSBC
Faster revenue growthRevenue growth, trailing twelve months -12.0% +2,725.8% HSBC
More profitableNet margin, trailing twelve months 47.7% 44.6% MUFG
Better return on capitalReturn on invested capital 3.6% — –
Less leveragedLower net debt / EBITDA — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +41.0% +36.8% MUFG
Better 5-year returnAnnualised price return, 5 years +29.6%/yr +24.8%/yr MUFG
Less volatileAnnualised volatility, 1 year 26.3% 27.7% MUFG
Higher overall scoreMean of the five percentile scores vs peers 35/100 70/100 HSBC

Percentile Scorecard

MUFGHSBC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisMUFGHSBC
Valuation 21 #284 of 361 39 #221 of 361
Growth 72 #98 of 344 70 #105 of 344
Profitability 67 #116 of 348 83 #59 of 348
Financial Health 4 #327 of 340 –
Shareholder Returns 11 #314 of 352 90 #36 of 352
Overall 35 70
  • MUFG ranked among 370 companies in Banking
  • HSBC ranked among 370 companies in Banking

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodMUFGHSBCSPY
1 month -7.8%-9.5% -1.0%
3 months -8.1%-12.3% +2.9%
6 months +21.7%+1.1% +6.4%
Year to date +32.7%+15.2% +11.4%
1 year +41.0%+36.8% +13.1%
3 years +159.2%+140.6% +79.4%
3 years, per year +37.4%+34.0% +21.5%
5 years +264.8%+202.0% +67.7%
5 years, per year +29.6%+24.8% +10.9%
10 years +318.5%+137.1% +255.2%
10 years, per year +15.4%+9.0% +13.5%

Risk

MeasureMUFGHSBCSPY
Volatility, 1Y 26.3%27.7% 12.7%
Downside volatility, 1Y 26.6%26.8% 12.7%
Beta vs S&P 500, 1Y 0.911.27 1.00
Return / volatility, 1Y 1.561.33 1.03
Max drawdown, 5Y -35.6%-34.6% -25.4%
From 52-week high -12.8%-15.9% -2.5%
52-week high $24.14$107.85 $779.14
52-week low $14.77$66.26 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleMUFGHSBC
P/E now vs peer median 15.9xmedian 12.5x 12.7xmedian 12.5x
P/S now vs peer median 7.9xmedian 3.5x 5.6xmedian 3.5x
EV/EBITDA now vs peer median —median 4.8x —median 4.8x
P/FCF now vs peer median —median 11.4x —median 11.4x
P/B now vs peer median 2.3xmedian 1.2x 1.6xmedian 1.2x
PEG now vs peer median 0.27median 1.48 1.94median 1.48

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsMUFGHSBC
Revenue $31.62B $55.61B
Gross profit $29.85B –
Operating income $18.02B $30.80B
Net income $13.97B $26.01B
EPS (diluted) $1.32 $7.07
Cash & equivalents – $227.80B
Total debt $494.43B –
Shares (diluted) 11.40B 3.51B
Enterprise value -$101.08B -$1.51T

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricMUFGHSBC
P/E 15.9x 12.7x
P/FCF – –
P/Operating cash flow – –
P/S 7.9x 5.6x
P/B 2.3x 1.6x
P/Tangible book 2.3x 1.6x
EV/EBITDA – –
EV/EBIT 5.2x 2.7x
EV/Revenue 3.0x 1.5x
EV/FCF – –
EV/Operating cash flow – –
PEG (3Y EPS CAGR) 0.27 1.94

Growth

14 metrics
MetricMUFGHSBC
Revenue growth (1Y) -12.0% 2,726%
Revenue CAGR (3Y) -2.4% 4.0%
Gross profit growth (1Y) 38.8% –
Gross profit CAGR (3Y) 7.6% –
Operating income growth (1Y) 24.8% 25.1%
Operating income CAGR (3Y) 12.7% 4.4%
Net income growth (1Y) 62.6% 31.5%
Net income CAGR (3Y) 32.4% 0.8%
EPS growth (1Y) 104.8% 46.4%
EPS CAGR (3Y) 59.4% 6.6%
Operating cash flow growth (1Y) – –
Operating cash flow CAGR (3Y) – –
Free cash flow growth (1Y) – –
Free cash flow CAGR (3Y) – –

Profitability

14 metrics
MetricMUFGHSBC
Gross margin 94.4% –
EBITDA margin – –
Operating margin 57.0% 55.4%
Pretax margin 59.6% 60.5%
Net margin 47.7% 44.6%
FCF margin – –
Operating cash flow margin – –
Return on equity 11.7% 13.2%
Return on assets 0.5% 0.8%
Return on invested capital 3.6% –
Return on capital employed – –
Asset turnover 0.0x 0.0x
Cash conversion (OCF / net income) – –
Stock comp / revenue – –

Financial Health

11 metrics
MetricMUFGHSBC
Debt / assets 4.7% –
Debt / equity 1.2x –
Net debt / EBITDA – –
Debt / FCF – –
Liabilities / assets 96.0% 94.3%
Equity / assets 4.0% 5.7%
Interest coverage 0.6x –
Current ratio – –
Quick ratio – –
Cash ratio – –
Altman Z-score – –

Shareholder Returns

7 metrics
MetricMUFGHSBC
Dividend yield 1.5% 4.1%
Net buyback yield – –
Shareholder yield 1.5% 4.1%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusMUFGHSBC
Forward P/E 12.3xFY2026 10.0xFY2026
EPS, next fiscal year $1.71FY2026 $9.03FY2026
EPS growth, next FY +27.6%FY2026 +19.6%FY2026
EPS growth, the year after +0.6% +9.2%
Revenue, next fiscal year $44.38BFY2026 $69.99BFY2026
Revenue growth, next FY +18.6%FY2026 -1.4%FY2026
Revenue growth, the year after +4.0% +18.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMUFGHSBC
Held by institutions 3.0% 2.5%
Institutions holding 574 707
Change in shares held, QoQ -0.1% -0.3%
Institutions buying 324 402
Institutions selling 160 180
Buyers to sellers 2.03 2.23

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

MUFGHSBC
MUFG 1.00 0.51
HSBC 0.51 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MUFG and HSBC?

Hsbc Holdings (HSBC) is the largest by market capitalisation: Mitsubishi Ufj Financial (MUFG) $240.31B, Hsbc Holdings (HSBC) $317.90B.

Which stock is cheaper, MUFG and HSBC?

Hsbc Holdings (HSBC) trades on the lowest price-to-earnings ratio (Mitsubishi Ufj Financial (MUFG) 15.9x, Hsbc Holdings (HSBC) 12.8x). On next year's consensus earnings, Hsbc Holdings (HSBC) is cheapest (Mitsubishi Ufj Financial (MUFG) 12.3x, Hsbc Holdings (HSBC) 10.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Hsbc Holdings (HSBC) grew revenue fastest over the trailing twelve months: Mitsubishi Ufj Financial (MUFG) -12.0%, Hsbc Holdings (HSBC) +2,725.8%.

Which company is more profitable?

Mitsubishi Ufj Financial (MUFG) has the highest net margin (Mitsubishi Ufj Financial (MUFG) 47.7%, Hsbc Holdings (HSBC) 44.6%).

Which stock has performed better?

Over the past year Mitsubishi Ufj Financial (MUFG) returned the most: Mitsubishi Ufj Financial (MUFG) +41.0%, Hsbc Holdings (HSBC) +36.8%. Over five years, Mitsubishi Ufj Financial (MUFG) compounded fastest (Mitsubishi Ufj Financial (MUFG) +29.6%/yr, Hsbc Holdings (HSBC) +24.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Mitsubishi Ufj Financial (MUFG) has been the steadiest (Mitsubishi Ufj Financial (MUFG) 26.3%, Hsbc Holdings (HSBC) 27.7%). Volatility measures how widely the price swings, not the risk of the business.

Do MUFG and HSBC move together?

Their daily returns over the past year have a correlation of 0.51, a moderate positive relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MUFG and HSBC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Hsbc Holdings (HSBC) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.