Company Valuation: Midea Group Co., Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 506,827 355,169 377,351 564,900 584,982 584,353 - -
Change - -29.92% 6.25% 49.7% 3.55% -0.11% - -
Enterprise Value (EV) 1 489,014 366,158 368,311 508,919 565,315 542,907 523,167 512,800
Change - -25.12% 0.59% 38.18% 11.08% -3.96% -3.64% -1.98%
P/E 17.8x 12x 11.1x 13.9x 13.6x 12.9x 11.8x 11x
PBR 4.13x 2.54x 2.36x 2.66x 2.66x 2.5x 2.31x 2.18x
PEG - 2.61x 0.8x 1.4x 2.17x 2.57x 1.27x 1.51x
Capitalization / Revenue 1.49x 1.03x 1.01x 1.39x 1.28x 1.21x 1.13x 1.06x
EV / Revenue 1.43x 1.06x 0.99x 1.25x 1.24x 1.12x 1.01x 0.93x
EV / EBITDA 14.2x 9.83x 8.46x 11.1x 9.07x 9.86x 8.6x 7.86x
EV / EBIT 14.7x 10.5x 9.14x 11x 10.7x 10.8x 9.51x 8.65x
EV / FCF 17.1x 13.3x 7.09x 9.49x 13.2x 11.3x 9.54x 7.93x
FCF Yield 5.85% 7.52% 14.1% 10.5% 7.55% 8.85% 10.5% 12.6%
Dividend per Share 2 1.7 2.5 3 3.5 3.8 3.962 4.377 5.296
Rate of return 2.3% 4.83% 5.49% 4.65% 4.86% 5.08% 5.61% 6.79%
EPS 2 4.14 4.33 4.92 5.42 5.76 6.049 6.611 7.091
Distribution rate 41.1% 57.7% 61% 64.6% 66% 65.5% 66.2% 74.7%
Net sales 1 341,233 343,918 372,037 407,150 456,452 483,008 516,456 551,599
EBITDA 1 34,369 37,264 43,523 45,711 62,318 55,063 60,831 65,251
EBIT 1 33,281 34,763 40,317 46,394 52,979 50,289 55,004 59,314
Net income 1 28,574 29,554 33,720 38,537 43,945 46,239 50,967 54,577
Net Debt 1 -17,812 10,990 -9,040 -55,980 -19,667 -41,447 -61,186 -71,553
Reference price 2 73.81 51.80 54.63 75.22 78.15 78.00 78.00 78.00
Nbr of stocks (in thousands) 6,866,642 6,856,535 6,907,402 7,541,765 7,500,460 7,536,568 - -
Announcement Date 4/29/22 4/28/23 3/27/24 3/28/25 3/30/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.9x1.15x10.06x5.59% 88.12B
9.55x0.49x5.04x5.91% 26.85B
23.46x2.54x14.05x1.33% 18.9B
58.88x4.17x41.22x - 11.36B
16.01x1.19x7.3x2.75% 6.57B
14.89x1.33x11.22x6.34% 4.9B
14.72x0.62x5.38x5.21% 3.37B
33.75x2.53x16.55x1.2% 3.25B
13.93x0.65x4.71x2.87% 2.99B
18.13x - - - 2.63B
Average 21.62x 1.63x 12.84x 3.9% 16.89B
Weighted average by Cap. 17.36x 1.42x 11.69x 4.87%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. 000333 Stock
  4. Valuation Midea Group Co., Ltd.
LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!