Midea Group Co Ltd ADR MGCLY

Morningstar Rating

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.

Price vs Fair Value

MGCLY is trading at a LOCK|GN!?& premium.
Price
$11.89
Fair Value
LOCK|.t&BbskC
Uncertainty
LOCK|sDg^T
1-Star Price
LOCK|.%F<Ty^
5-Star Price
LOCK|.%YvcNb
Economic Moat
LOCK|@ZYP
Capital Allocation
—

Trading Information

Previous Close Price
—
Day Range
—–—
52-Week Range
—–—
Bid/Ask
— / —
Shares Outstanding
7.63B
Market Cap
—
Volume/Avg
— / —

Key Statistics

Price/Earnings (Normalized)
15.79
Price/Sales
1.35
Dividend Yield (Trailing)
5.27%
Dividend Yield (Forward)
5.27%
Dividend Payment Schedule
Jul, Dec
Total Yield
5.27%

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

Competitors

Valuation

Metric
MGCLY
TT
600690
Price/Earnings (Normalized)
15.7933.7010.63
Price/Book Value
2.8911.821.52
Price/Sales
1.354.640.60
Price/Cash Flow
13.2728.276.18
Price/Earnings
MGCLY
TT
600690

Financial Strength

Metric
MGCLY
TT
600690
Quick Ratio
0.470.660.69
Current Ratio
1.151.071.13
Interest Coverage
24.4017.9110.06
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

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