MGO Global (MGOL) versus Its Competitors Critical Analysis

MGO Global (NASDAQ:MGOL) is one of 29 publicly-traded companies in the “Apparel, finished products from fabrics & similar materials” industry, but how does it contrast to its competitors? We will compare MGO Global to similar companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, dividends, valuation and risk.

Analyst Recommendations

This is a breakdown of recent ratings for MGO Global and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MGO Global	0	0	0	0	N/A
MGO Global Competitors	336	1555	2230	69	2.48

As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 30.31%. Given MGO Global’s competitors higher possible upside, analysts clearly believe MGO Global has less favorable growth aspects than its competitors.

Institutional and Insider Ownership

1.1% of MGO Global shares are held by institutional investors. Comparatively, 44.4% of shares of all “Apparel, finished products from fabrics & similar materials” companies are held by institutional investors. 58.9% of MGO Global shares are held by insiders. Comparatively, 21.1% of shares of all “Apparel, finished products from fabrics & similar materials” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Valuation and Earnings

This table compares MGO Global and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MGO Global	$5.36 million	-$7.14 million	-0.45
MGO Global Competitors	$2.23 billion	$147.07 million	16.36

MGO Global’s competitors have higher revenue and earnings than MGO Global. MGO Global is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

MGO Global has a beta of 5.44, suggesting that its share price is 444% more volatile than the S&P 500. Comparatively, MGO Global’s competitors have a beta of 1.23, suggesting that their average share price is 23% more volatile than the S&P 500.

Profitability

This table compares MGO Global and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
MGO Global	-133.23%	-226.43%	-170.71%
MGO Global Competitors	-334.81%	-9.70%	-9.66%

Summary

MGO Global competitors beat MGO Global on 7 of the 10 factors compared.

About MGO Global

MGO Global, Inc. operates as a lifestyle brand portfolio company. The company is involved in the fashion design, brand development and management, sourcing and manufacturing, licensing, IP protection, corporate finance, consumer engagement and experience, ecommerce, and retail sales and marketing activities related to the Messi brand. MGO Global, Inc. was founded in 2018 and is headquartered in Fort Lauderdale, Florida.