MGO Global (MGOL) vs. Its Peers Critical Review

MGO Global (NASDAQ:MGOL) is one of 27 public 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 related companies based on the strength of its institutional ownership, analyst recommendations, dividends, valuation, risk, profitability and earnings.

Institutional & Insider Ownership

1.1% of MGO Global shares are owned by institutional investors. Comparatively, 40.2% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by institutional investors. 58.9% of MGO Global shares are owned by insiders. Comparatively, 22.1% of shares of all “Apparel, finished products from fabrics & similar materials” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Risk and Volatility

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 1.22, suggesting that their average share price is 22% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and price targets for MGO Global and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
MGO Global	0	0	0	0	N/A
MGO Global Competitors	328	1515	2109	67	2.48

As a group, “Apparel, finished products from fabrics & similar materials” companies have a potential upside of 29.66%. Given MGO Global’s competitors higher probable upside, analysts plainly believe MGO Global has less favorable growth aspects than its competitors.

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	-383.08%	-13.04%	-11.92%

Earnings & Valuation

This table compares MGO Global and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MGO Global	$5.36 million	-$7.14 million	-0.45
MGO Global Competitors	$2.10 billion	$148.17 million	9.68

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.

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.