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Midea Group CoMGCLY +1.07%71 Return-on-Tangible-Equity is 29.65% as of Mar. 2026, which is 16% below its 10-year median of 35.43. GuruFocus rates MGCLY with a GF Score™ of 71/100 and a GF Value™ of $10.50 (Fairly Valued). The stock has 6 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Midea Group Co ranks better than 90.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Midea Group Co's annualized net income for the quarter that ended in Mar. 2026 was $7,356 Mil. Midea Group Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $24,812 Mil. Therefore, Midea Group Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.65%.
The historical rank and industry rank for Midea Group Co's Return-on-Tangible-Equity or its related term are showing as below:
MGCLY'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 26.04 Med: 35.43 Max: 59.99
Current: 26.08
During the past 13 years, Midea Group Co's highest Return-on-Tangible-Equity was 59.99%. The lowest was 26.04%. And the median was 35.43%.
MGCLY's Return-on-Tangible-Equity is ranked better than 90.74% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.08
vs MGCLY: 26.08
Midea Group Co (OTCPK:MGCLY) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Midea Group Co Return-on-Tangible-Equity Related Terms
Midea Group Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Midea Group Co's Return-on-Tangible-Equity 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.
MGCLY vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Midea Group Co's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 29.65% mean?
Midea Group Co (MGCLY) has a Return-on-Tangible-Equity of 29.65% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Midea Group Co and its competitors. This is 16% below median its historical median of 35.43. Over the past decade, Midea Group Co's Return-on-Tangible-Equity has ranged from 26.04 to 59.99. According to the industry distribution chart, Midea Group Co ranks #39 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.3%.
Is Midea Group Co's Return-on-Tangible-Equity too high?
Midea Group Co's current Return-on-Tangible-Equity of 29.65% is 16% below median its 10-year median of 35.43. Over the past 10 years, this metric has ranged from a low of 26.04 to a high of 59.99. The Furnishings, Fixtures & Appliances industry median Return-on-Tangible-Equity is 5.08. Midea Group Co's value of 29.65% is 483.7% above this industry median. Based on the distribution chart, Midea Group Co ranks #39 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Midea Group Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midea Group Co's Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Midea Group Co ranks #39 out of 421 companies for Return-on-Tangible-Equity. This places Midea Group Co in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. Midea Group Co's value of 29.65% is 483.7% above this benchmark. Historically, Midea Group Co's own Return-on-Tangible-Equity has ranged from 26.04 to 59.99 over the past decade. While the company's 10-year median is 35.43 vs. the industry median of 5.08, Midea Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.08, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Midea Group Co's current Return-on-Tangible-Equity of 29.65% is 483.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Midea Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midea Group Co's current Return-on-Tangible-Equity is 29.65%, which is 16% below median its own 10-year median of 35.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midea Group Co stock overvalued right now?
Based on GuruFocus' analysis, Midea Group Co (MGCLY) is currently considered Fairly Valued. The stock's GF Value™ is $10.50, compared to a current price of $11.37 — trading 8.3% above its estimated fair value. The current Return-on-Tangible-Equity is 29.65%, which is 16% below median its 10-year median of 35.43 and 483.7% above the Furnishings, Fixtures & Appliances industry median of 5.08. Midea Group Co's overall GF Score™ is 71/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Midea Group Co (MGCLY), the current Return-on-Tangible-Equity is 29.65% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Midea Group Co (MGCLY) Overvalued in 2026?
Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued.
The current stock price of $11.37 is trading 8.3% above its estimated GF Value™ of $10.50.
GuruFocus considers Midea Group Co to be Fairly Valued.
Key valuation signals for MGCLY:
Return-on-Tangible-Equity: 29.65% (16% below median its 10-year median of 35.43)
GF Value™: $10.50 vs. price of $11.37 (8.3% above fair value)
Industry Position: 483.7% above the Furnishings, Fixtures & Appliances median (#39 of 421)
No single metric tells the full story. See the MGCLY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Midea Group Co., Ltd. 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.
71GF Score
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