Critical Review: MGO Global (MGOL) & Its Competitors

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 weigh in compared to its rivals? We will compare MGO Global to related businesses based on the strength of its dividends, valuation, institutional ownership, analyst recommendations, earnings, risk and profitability.

Earnings and Valuation

This table compares MGO Global and its rivals gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
MGO Global	$5.36 million	-$7.14 million	-0.50
MGO Global Competitors	$2.22 billion	$147.07 million	16.26

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

Analyst Recommendations

This is a summary of current ratings and target prices for MGO Global and its rivals, as reported by MarketBeat.

	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 31.01%. Given MGO Global’s rivals higher possible upside, analysts clearly believe MGO Global has less favorable growth aspects than its rivals.

Volatility & Risk

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

Institutional and Insider Ownership

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

Profitability

This table compares MGO Global and its rivals’ 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 rivals beat MGO Global on 7 of the 10 factors compared.

MGO Global Company Profile

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.