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Midea Group (000333) Fair Value & Analysis

Consumer Cyclical · CN · Market cap 628B CNY

MG Midea Group 000333 · SHE
Price¥85.32
Fair Value¥107.22
Upside+25.7%
Quality61/100
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Healthy Growth
Thin margins · 9.6% net margin
Low debt · generates free cash flow
5.26% dividend yield
Ranks above peers (9/15)
Moderate moat 55/100
Evidence: High Range ¥80.41 – ¥168.24 Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 21 days ago

Fair value updated Jul 17, 2026, revised from ¥123.44 to ¥107.22 (−13.1%) since Jun 25, 2026. Share price +7.8% over the past month.

A solid business, screening 26% undervalued on our models.

What matters now

  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (¥80.41 to ¥168.24) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

¥88.95 ¥33.01 Fair Value ¥107.22 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range ¥33.01 – ¥88.95 · fair‑value band ¥80.41 – ¥168.24 · the ¥85.32 price screens below the ¥107.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Midea Group (000333) currently trades at ¥85.32, while our model-based Fair Value estimate is ¥107.22, implying the stock looks roughly 25.7% undervalued today. We read business quality at 61/100 (solid quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Midea Group generated revenue of 460B CNY at a net margin of 9.6%. Revenue grew 2.6% year over year. It earns a return on equity of 18.3%. The balance sheet holds a net cash position of 28.0B CNY. Fundamentals as of Jul 17, 2026

Our scenario range runs from ¥80.41 (bear case) to ¥168.24 (bull case); at ¥85.32, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 23% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 26%, 000333 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Growth DCF ¥94.12 ¥166.03 ¥298.54 80
Residual Income ¥43.23 ¥57.26 ¥243.57 76
Rev-Margin DCF ¥77.74 ¥128.25 ¥195.06 74
All 24 models by family
DCF Models
FCF DCF ¥94.97 ¥173.53 ¥320.78 38
Owner Earnings ¥94.84 ¥173.30 ¥320.33 31
5Y Revenue Exit ¥77.74 ¥129.61 ¥200.68 39
5Y EBITDA Exit ¥86.27 ¥147.57 ¥225.43 41
5Y P/E Exit ¥97.29 ¥170.80 ¥256.49 38
10Y Revenue Exit ¥80.47 ¥132.98 ¥215.15 36
10Y EBITDA Exit ¥88.52 ¥146.61 ¥236.80 37
10Y P/E Exit ¥96.07 ¥164.24 ¥263.97 35
Earnings-Based
Graham-Dodd ¥42.89 ¥213.74 ¥294.90 54
Lynch FV ¥57.75 ¥82.49 ¥107.24 50
PEG = 1.0 ¥57.75 ¥82.49 ¥107.24 46
EPV ¥64.86 ¥74.55 ¥83.16 59
Multiples
P/E Multiple ¥94.60 ¥126.14 ¥157.67 63
P/S Multiple ¥80.41 ¥107.22 ¥134.02 58
P/B Multiple ¥72.08 ¥96.11 ¥120.14 55
EV/EBIT ¥99.45 ¥129.28 ¥159.11 53
EV/EBITDA ¥87.66 ¥113.56 ¥139.46 54
EV/Revenue ¥70.28 ¥96.13 ¥121.99 43
Asset-Based
NCAV (Graham) ¥16.02 ¥21.46 ¥32.04 50
Growth DCF
Growth DCF ¥94.12 ¥166.03 ¥298.54 80
Rev-Margin DCF ¥77.74 ¥128.25 ¥195.06 74
Economic Profit
Residual Income ¥43.23 ¥57.26 ¥243.57 76
ROIC Compounder ¥73.50 ¥97.01 ¥127.98 72
Growth Earnings
Growth-Adj P/E ¥86.14 ¥123.05 ¥159.97 68

Widest divergence: DCF Models (¥147.57) versus Asset-Based (¥21.46). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 460B CNY
Revenue growth (YoY) +2.6%
Net margin 9.6%
Return on equity 18.3%
Free cash flow 42.2B CNY FY2025
P/E ratio 14.0
More key figures
Operating margin 11.0%
EPS (TTM) ¥5.82
Dividend yield 5.3%
EPS growth (YoY) +3.7%
Net cash 28.0B CNY FY2024

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 54 · Market factors (momentum, volatility) 74

Profitability 52
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 54
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 80
Distance to the 52-week high (market factor)
Net Issuance 29
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Midea Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of electrical appliance in China and internationally. The company operates in Smart Home System, Building Technology, Robotics and Automation, and Industrial Technology, and Other Innovative Business.

Full company description

Midea Group Co., Ltd., together with its subsidiaries, engages in the manufacture and sale of electrical appliance in China and internationally. The company operates in Smart Home System, Building Technology, Robotics and Automation, and Industrial Technology, and Other Innovative Business. It offers smart home products such as household air conditioners, central air conditioners, heating and ventilation systems, kitchen appliances, refrigerators, washing machines, and various small appliances; commercial and industrial solutions, including products and services, such as elevators, high and low voltage frequency converters, medical imaging products, robots, and automation systems; and other businesses including smart supply chain, sales, wholesale and processing of household appliance raw materials, as well as financial businesses, such as deposit taking, interbank lending, consumer credit, buyer credit, and financial leasing. Additionally, it provides Internet of Things solutions. Midea Group Co., Ltd. was founded in 1968 and is based in Foshan, China.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Midea Group reported revenue of ¥459B in FY2025 versus ¥342B in FY2021, a compound +7.6%/yr. Reported net income was ¥43.9B in FY2025, compounding +11.4%/yr from FY2021.

Growth Quality 86/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
459B CNY
Latest YoY
+12.7%
Avg. growth/yr (3Y)
+10.0%
Avg. growth/yr (5Y)
+10.0%
Avg. growth/yr (22Y)
+17.2%
Revenue +7.6%/yr
FY21 ¥342B
FY22 ¥344B
FY23 ¥372B
FY24 ¥407B
FY25 ¥459B
Net income +11.4%/yr
FY21 ¥28.6B
FY22 ¥29.6B
FY23 ¥33.7B
FY24 ¥38.5B
FY25 ¥43.9B

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Cite: Fair Value Calculator (2026). "Midea Group Fair Value". https://www.fairvalue-calculator.com/stock/000333

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Furnishings, Fixtures & Appliances · 312 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 61 · Top 25%
Fair Value upside +26% · Above median
Return on equity (TTM) 18% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 11% · Top 25%
Revenue growth 3% · Above median
Dividend yield (TTM) 5.3% · Above median
Debt / equity 0.07× · Higher than median

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 14.2× · Cheaper than median
P/B 2.81× · Pricier than 75% of peers
P/S (TTM) 1.37× · Pricier than median
P/FCF 2.2× · Pricier than median
EV/EBITDA 10.6× · Pricier than median
PEG 3.00× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 68 · sector 21
FUTURE 13 · sector 0
PAST 73 · sector 19
HEALTH 96 · sector 97
DIVIDEND 100 · sector 55

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%
Voltas Limited VOLTAS ₹1,350 ₹185.71 -86%

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Frequently asked questions

Is Midea Group (000333) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of ¥107.22 versus a price of ¥85.32, about +26% (undervalued).
What is the fair value of 000333?
Our model-based fair value for Midea Group is ¥107.22 (as of Jul 17, 2026), built from audited fundamentals. The current price is ¥85.32.
What is the quality score of 000333?
Midea Group has a Quality Score of 61/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Midea Group (000333)?
Midea Group reported trailing-twelve-month revenue of about 460B CNY (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 000333?
The net profit margin of Midea Group is about 9.6%, meaning it keeps roughly 9.6% of revenue as net income. Based on the latest reported figures.
Does Midea Group pay a dividend?
Midea Group currently shows a dividend yield of about 5.22% relative to its recent price (as of Jul 17, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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