Zhejiang Meida Industrial Co Ltd Class A 002677

Morningstar Rating

About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

002677 is trading within a range we consider fairly valued.
Price
¥7.33
Fair Value
¥7.54
Uncertainty
Very High
1-Star Price
¥66.37
5-Star Price
¥7.54
Economic Moat
Thdgt
Capital Allocation

Trading Information

Previous Close Price
Day Range
52-Week Range
Bid/Ask
/
Market Cap
Volume/Avg
/

Key Statistics

Price/Earnings (Normalized)
15.10
Price/Sales
3.52
Dividend Yield (Trailing)
10.18%
Dividend Yield (Forward)
10.18%
Total Yield
10.18%

Company Profile

Zhejiang Meida Industrial Co Ltd operates in the kitchen appliance industry. The company is engaged in the design, manufacturing, and distribution of integrated stoves. It offers a range of kitchen products, including hoods, stoves, cookers, sterilization products, storage cabinets, electrical ovens, and water purifiers.
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Stock Style Box
Small Value
Total Number of Employees
998

Comparables

Valuation

Metric
002677
300894
603215
Price/Earnings (Normalized)
15.1021.5818.91
Price/Book Value
2.903.892.50
Price/Sales
3.523.171.72
Price/Cash Flow
12.5917.4311.35
Price/Earnings
002677
300894
603215

Financial Strength

Metric
002677
300894
603215
Quick Ratio
4.231.811.09
Current Ratio
4.712.131.36
Interest Coverage
2,284.2411.5145.79
Quick Ratio
002677
300894
603215

Profitability

Metric
002677
300894
603215
Return on Assets (Normalized)
15.11%5.75%8.03%
Return on Equity (Normalized)
17.42%11.52%13.33%
Return on Invested Capital (Normalized)
16.01%6.47%11.62%
Return on Assets
002677
300894
603215

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