Midea Group Co (STU:1520) ROE %: 22.64% (As of Mar. 2026) — Near Median


STU:1520 Midea Group Co Ltd STU:1520
92 GF Score
Price €9.39
GF Value €9.23
Valuation Fairly Valued
! 6 Warning Signs
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What is Midea Group Co ROE %?

Midea Group Co STU:1520 -0.94% 92 ROE % is 22.64% as of Mar. 2026, which is 6% below its 10-year median of 24.21. GuruFocus rates STU:1520 with a GF Score™ of 92/100 and a GF Value™ of €9.23 (Fairly Valued). The stock has 6 warning signs investors should review. Among 425 Furnishings, Fixtures & Appliances companies, Midea Group Co ranks better than 90.12% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Midea Group Co's annualized net income for the quarter that ended in Mar. 2026 was €6,363 Mil. Midea Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €28,111 Mil. Therefore, Midea Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was 22.64%.

The historical rank and industry rank for Midea Group Co's ROE % or its related term are showing as below:

STU:1520' s ROE % Range Over the Past 10 Years
Min: 19.7   Med: 24.21   Max: 26.62
Current: 19.7

During the past 13 years, Midea Group Co's highest ROE % was 26.62%. The lowest was 19.70%. And the median was 24.21%.

STU:1520's ROE % is ranked better than
90.12% of 425 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 4.51 vs STU:1520: 19.70

Midea Group Co  (STU:1520) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6362.932/28110.989
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(6362.932 / 66056.764)*(66056.764 / 75431.434)*(75431.434 / 28110.989)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.63 %*0.8757*2.6833
=ROA %*Equity Multiplier
=8.43 %*2.6833
=22.64 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=6362.932/28110.989
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (6362.932 / 7602.688) * (7602.688 / 7621.12) * (7621.12 / 66056.764) * (66056.764 / 75431.434) * (75431.434 / 28110.989)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8369 * 0.9976 * 11.54 % * 0.8757 * 2.6833
=22.64 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Midea Group Co ROE % Related Terms


Midea Group Co ROE % Historical Data

* Premium members only.

The historical data trend for Midea Group Co's ROE % 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.

Midea Group Co ROE % Chart

Midea Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.72 21.81 21.51 20.49 19.20

Midea Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.96 23.69 21.64 11.00 22.64

STU:1520 vs SN, SGI, MHK: ROE % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Midea Group Co's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where Midea Group Co's ROE % falls into.


STU:1520
92GF Score
Midea Group Co Ltd STU:1520
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Midea Group Co ROE % Calculation

Midea Group Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=5328.456/( (28430.825+27065.964)/ 2 )
=5328.456/27748.3945
=19.20 %

Midea Group Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=6362.932/( (27065.964+29156.014)/ 2 )
=6362.932/28110.989
=22.64 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 22.64% mean?
Midea Group Co (STU:1520) has a ROE % of 22.64% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Midea Group Co and its competitors. This is near median its historical median of 24.21. Over the past decade, Midea Group Co's ROE % has ranged from 19.70 to 26.62. According to the industry distribution chart, Midea Group Co ranks #42 out of 425 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 9.9%.
Is Midea Group Co's ROE % too high?
Midea Group Co's current ROE % of 22.64% is near median its 10-year median of 24.21. Over the past 10 years, this metric has ranged from a low of 19.70 to a high of 26.62. The Furnishings, Fixtures & Appliances industry median ROE % is 4.51. Midea Group Co's value of 22.64% is 402% above this industry median. Based on the distribution chart, Midea Group Co ranks #42 out of 425 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 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Midea Group Co's ROE % compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Midea Group Co ranks #42 out of 425 companies for ROE %. This places Midea Group Co in the top 10% of its industry — outperforming the majority of peers. The industry median ROE % is 4.51. Midea Group Co's value of 22.64% is 402% above this benchmark. Historically, Midea Group Co's own ROE % has ranged from 19.70 to 26.62 over the past decade. While the company's 10-year median is 24.21 vs. the industry median of 4.51, 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 ROE % for a Furnishings, Fixtures & Appliances company?
The median ROE % among Furnishings, Fixtures & Appliances companies is 4.51, based on 425 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Midea Group Co's current ROE % of 22.64% is 402% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Midea Group Co and its competitors. For the Furnishings, Fixtures & Appliances industry, the median ROE % is 4.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midea Group Co's current ROE % is 22.64%, which is near median its own 10-year median of 24.21. 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 (STU:1520) is currently considered Fairly Valued. The stock's GF Value™ is €9.23, compared to a current price of €9.39 — trading 1.7% above its estimated fair value. The current ROE % is 22.64%, which is near median its 10-year median of 24.21 and 402% above the Furnishings, Fixtures & Appliances industry median of 4.51. Midea Group Co's overall GF Score™ is 92/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Midea Group Co (STU:1520), the current ROE % is 22.64% 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 (STU:1520) Overvalued in 2026?

Based on GuruFocus' analysis, Midea Group Co stock appears to be overvalued. The current stock price of €9.39 is trading 1.7% above its estimated GF Value™ of €9.23. GuruFocus considers Midea Group Co to be Fairly Valued.

Key valuation signals for STU:1520:

  • ROE %: 22.64% (near median its 10-year median of 24.21)
  • GF Value™: €9.23 vs. price of €9.39 (1.7% above fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 402% above the Furnishings, Fixtures & Appliances median (#42 of 425)

No single metric tells the full story. See the STU:1520 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Midea Group Co Business Description

Address No. 6 Midea Avenue, Beijiao Town, Midea Headquarters Building, Guangdong Province, Shunde District, Foshan, CHN, 528311
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.
92GF Score

Get the complete analysis for STU:1520

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€9.39
Price
€9.23
GF Value