Midea Group Co Ltd ADR MGCLY
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
Trading Information
- Previous Close Price
- $11.58
- Day Range
- $11.52–11.60
- 52-Week Range
- $9.53–13.10
- Bid/Ask
- $11.00 / $13.28
- Shares Outstanding
- 7.63B
- Market Cap
- $87.87B
- Volume/Avg
- 11,955 / 41,903
Key Statistics
- Price/Earnings (Normalized)
- 15.38
- Price/Sales
- 1.32
- Dividend Yield (Trailing)
- 5.41%
- Dividend Yield (Forward)
- 5.41%
- Dividend Payment Schedule
- Jul, Dec
- Total Yield
- 5.41%
Company Profile
Midea is one of the largest household appliance manufacturers in China, with key products such as air conditioners, refrigerators, washing machines, and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most home appliance categories. The firm also engages in industrial automation and robotics systems through wholly owned Kuka, a global market leader based in Germany. Heating, ventilation, and air conditioning, or HVAC, products contribute the most to Midea’s revenue, followed by other consumer appliances and robotics and automation systems. In addition, Midea generates around 40% of sales outside of China.
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Stock Style Box
- Large Value
- Total Number of Employees
- 198,570
- Website
- https://www.midea.com
Competitors
Valuation
|
Metric
|
MGCLY
|
TT
|
600690
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.38 | 33.55 | 11.21 |
Price/Book Value | 2.81 | 11.77 | 1.60 |
Price/Sales | 1.32 | 4.62 | 0.63 |
Price/Cash Flow | 12.93 | 28.14 | 6.52 |
Price/Earnings
MGCLY
TT
600690
Financial Strength
|
Metric
|
MGCLY
|
TT
|
600690
|
|---|---|---|---|
Quick Ratio | 0.47 | 0.66 | 0.69 |
Current Ratio | 1.15 | 1.07 | 1.13 |
Interest Coverage | 24.40 | 17.91 | 10.06 |
Quick Ratio
MGCLY
TT
600690
Profitability
|
Metric
|
MGCLY
|
TT
|
600690
|
|---|---|---|---|
Return on Assets (Normalized) | 5.50% | 13.82% | 5.34% |
Return on Equity (Normalized) | 15.93% | 36.40% | 13.76% |
Return on Invested Capital (Normalized) | 9.59% | 24.72% | 9.69% |
Return on Assets
MGCLY
TT
600690
Furnishings, Fixtures & Appliances Industry Comparables
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1-Day Chart
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United States