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 generally 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 China.
2000
134.9K+
LTM Revenue $56.9B
LTM EBITDA $6.6B
$62.2B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Midea Group has a last 12-month revenue of $56.9B and a last 12-month EBITDA of $6.6B.
In the most recent fiscal year, Midea Group achieved revenue of $51.3B and an EBITDA of $6.9B.
Midea Group expects next 12-month revenue of XXX   and NTM EBITDA of XXX
See Midea Group valuation multiples based on analyst estimatesFY 2022 | FY 2023 | FY 2024 | LTM | NTM | |
---|---|---|---|---|---|
Revenue | $47.5B | $51.3B | $56.3B | $56.9B | XXX |
Gross Profit | $10.8B | $11.7B | $13.8B | XXX | XXX |
Gross Margin | 23% | 23% | 24% | XXX | XXX |
EBITDA | $5.9B | $6.9B | $6.5B | $6.6B | XXX |
EBITDA Margin | 13% | 13% | 12% | 12% | XXX |
Net Profit | $3.9B | $4.1B | $4.6B | XXX | XXX |
Net Margin | 8% | 8% | 8% | XXX | XXX |
Net Debt | n/a | $515M | n/a | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of February 21, 2025, Midea Group's stock price is CNY 70 (or $10).
Midea Group has current market cap of CNY 539B (or $73.9B), and EV of CNY 453B (or $62.2B).
See Midea Group trading valuation dataEV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
---|---|---|---|---|---|---|
$62.2B | $73.9B | XXX | XXX | XXX | XXX | $0.72 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of February 21, 2025, Midea Group has market cap of $73.9B and EV of $62.2B.
Midea Group's trades at 1.1x LTM EV/Revenue multiple, and 9.5x LTM EBITDA.
Analysts estimate Midea Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Midea Group and 10K+ public compsFY 2024 | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|
EV | $62.2B | XXX | XXX | XXX |
EV/Revenue | 1.1x | XXX | XXX | XXX |
EV/EBITDA | 9.6x | XXX | XXX | XXX |
P/E | 14.0x | XXX | XXX | XXX |
P/E/Growth | 1.4x | XXX | XXX | XXX |
EV/FCF | 14.8x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpMidea Group's NTM/LTM revenue growth is 8%
Midea Group's revenue per employee for the last fiscal year averaged $0.4M, while opex per employee averaged $0.1M for the same period.
Over next 12 months, Midea Group's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Midea Group's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Midea Group and other 10K+ public compsFY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
---|---|---|---|---|---|
Revenue Growth | 10% | XXX | XXX | XXX | XXX |
EBITDA Margin | 12% | XXX | XXX | XXX | XXX |
EBITDA Growth | -7% | XXX | XXX | XXX | XXX |
Rule of 40 (SaaS-only) | 19% | XXX | XXX | XXX | XXX |
Revenue per Employee | $0.4M | XXX | XXX | XXX | XXX |
Opex per Employee | $0.1M | XXX | XXX | XXX | XXX |
S&M Expenses to Revenue | 9% | XXX | XXX | XXX | XXX |
G&A Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
R&D Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
Opex to Revenue | 17% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
EV/Revenue | EV/EBITDA | |||||
---|---|---|---|---|---|---|
2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
Breville Group | XXX | XXX | XXX | XXX | XXX | XXX |
Whirlpool India | XXX | XXX | XXX | XXX | XXX | XXX |
TTK Prestige | XXX | XXX | XXX | XXX | XXX | XXX |
Eureka Forbes | XXX | XXX | XXX | XXX | XXX | XXX |
Whirlpool Brasil | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Midea Group acquired XXX companies to date.
Last acquisition by Midea Group was XXXXXXXX, XXXXX XXXXX XXXXXX . Midea Group acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiplesAcquired Company | EV | EV/Revenue | EV/EBITDA |
---|---|---|---|
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign UpWhen was Midea Group founded? | Midea Group was founded in 2000. |
Where is Midea Group headquartered? | Midea Group is headquartered in China. |
How many employees does Midea Group have? | As of today, Midea Group has 134.9K+ employees. |
Who is the CEO of Midea Group? | Midea Group's CEO is Mr. Hongbo Fang. |
Is Midea Group publicy listed? | Yes, Midea Group is a public company listed on SHE. |
What is the stock symbol of Midea Group? | Midea Group trades under 000333 ticker. |
When did Midea Group go public? | Midea Group went public in 2013. |
Who are competitors of Midea Group? | Similar companies to Midea Group include e.g. Breville Group, Whirlpool India, TTK Prestige, Eureka Forbes. |
What is the current market cap of Midea Group? | Midea Group's current market cap is $73.9B |
What is the current revenue of Midea Group? | Midea Group's last 12-month revenue is $56.9B. |
What is the current EBITDA of Midea Group? | Midea Group's last 12-month EBITDA is $6.6B. |
What is the current EV/Revenue multiple of Midea Group? | Current revenue multiple of Midea Group is 1.1x. |
What is the current EV/EBITDA multiple of Midea Group? | Current EBITDA multiple of Midea Group is 9.5x. |
What is the current revenue growth of Midea Group? | Midea Group revenue growth between 2023 and 2024 was 10%. |
Is Midea Group profitable? | Yes, Midea Group is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.