EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Midea Group Co's Enterprise Value is ¥477,706 Mil.
Midea Group Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 was ¥56,318 Mil. Therefore, Midea Group Co's EV-to-FCF for today is 8.48.
The historical rank and industry rank for Midea Group Co's EV-to-FCF or its related term are showing as below:
SZSE:000333'
s EV-to-FCF Range Over the Past 10 Years
Min: 4.13 Med: 10.89 Max: 28.72
Current: 8.48
During the past 13 years, the highest EV-to-FCF of Midea Group Co was 28.72. The lowest was 4.13. And the median was 10.89.
SZSE:000333's EV-to-FCF is ranked better than 71.28% of 282
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 13.87
vs SZSE:000333: 8.48
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The historical data trend for Midea Group Co's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Midea Group Co's EV-to-FCF
For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Midea Group Co's EV-to-FCF Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Midea Group Co's EV-to-FCF falls into.
Midea Group Co's current Enterprise Value is ¥477,706 Mil.
Midea Group Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥56,318 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Midea Group Co (SZSE:000333) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Midea Group Co's PE Ratio for today is calculated as:
Midea Group Co's share price for today is ¥69.78.
Midea Group Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥5.050.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Midea Group Co EV-to-FCF Related Terms
Thank you for viewing the detailed overview of Midea Group Co's EV-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing 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 of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.
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