Results Midea Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates - Simply Wall St
| 000333 Stock | 76.25 1.64 2.20% |
About 55% of Midea Group's investors are presently thinking to get in. The analysis of overall sentiment of trading Midea Group Co stock suggests that some investors are interested at this time. The current market sentiment, together with Midea Group's historical and current headlines, can help investors time the market. In addition, many technical investors use Midea Group stock news signals to limit their universe of possible portfolio assets.
Midea |
Results Midea Group Co., Ltd. Exceeded Expectations And The Consensus Has Updated Its Estimates Simply Wall St
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Midea Group Fundamental Analysis
We analyze Midea Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Midea Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Midea Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Current Valuation
Current Valuation Comparative Analysis
Midea Group is currently under evaluation in current valuation category among its peers. Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Midea Group Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Midea Group stock to make a market-neutral strategy. Peer analysis of Midea Group could also be used in its relative valuation, which is a method of valuing Midea Group by comparing valuation metrics with similar companies.
Peers
Midea Group Related Equities
| 601857 | PetroChina | 2.33 | ||||
| 600036 | China Merchants | 2.27 | ||||
| 601628 | China Life | 2.26 | ||||
| 601939 | China Construction | 1.86 | ||||
| 300750 | Contemporary Amperex | 1.80 | ||||
| 601988 | Bank of China | 1.31 | ||||
| 601398 | Industrial | 1.19 | ||||
| 601288 | Agricultural Bank | 1.16 | ||||
| 600941 | China Mobile | 0.91 | ||||
| 600519 | Kweichow Moutai | 0.81 |
Complementary Tools for Midea Stock analysis
When running Midea Group's price analysis, check to measure Midea Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Midea Group is operating at the current time. Most of Midea Group's value examination focuses on studying past and present price action to predict the probability of Midea Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Midea Group's price. Additionally, you may evaluate how the addition of Midea Group to your portfolios can decrease your overall portfolio volatility.
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