Similar to BYDs battery production capacity, its vehicle factories have enough unused capacity to meet future demand. BYD, with an EV sales run rate of about 220,000 vehicles and a relatively comparable model lineup, would see its passenger EV business be valued at about $200 billion at a similar multiple. The Sales to Assets ratio (or Sales to Total Assets or S/TA for short) shows how much sales are generated from a company's assets. Valuations aren't low, but they are way more reasonable compared to most other EV stocks. The other. On top of that, battery manufacturing is not only tied to personal EVs, but BYD can also supply its batteries to manufacturers of commercial vehicles - e.g., electricity-powered busses or trucks. Biden knows the U.S. has fallen behind China in the clean energy race; his campaign website even says, In 2017, China invested $3 in renewable energy for every $1 in America, giving China an edge on the technologies of tomorrowBy 2030, the Biden Administration will put the United States back in the drivers seat. BYDDF and BYDDY are both OTC, but BYDDY is the ADR (source - the article mentioned above) Sooo whatever that means haha. China wants to increase technological self-reliance and reduce emissions; BYD already sets a perfect example of how to do both, and will continue to be key in helping the country hit its bold clean energy targets. BYD (OTCPK:BYDDF) (OTCPK:BYDDY) is one of the most popular Chinese EV manufacturers that doesn't have as much exposure as its peers since its stock is not trading directly on major American exchanges. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain. NIO has allocated many staff members for its export business unit, aiming to sell 7,000 ES8 and ES6 SUVs in Europe within two years. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. This approach seems sensible and has the potential to be less volatile and cyclical compared to an approach of going all-in on personal EVs, where market share battles could lead to wide margin swings. BYD expects battery production capacity will reach 65 GWh by the end of this year, 75 GWh in 2021, and 100 GWh in 2022. But note, different industries have different margin rates that are considered good. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. One of the reasons some investors prefer the P/S ratio over other metrics like the P/E ratio is because sales are harder to manipulate on an income statement than earnings. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. What is the symbol (which looks similar to an equals sign) called? Analysts Disclosure: I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. If we narrow that down to the month of September, then five of BYDs cars make it into the top 15 on the list. The company's financial condition is fair and its profitability is fair. It sold a total of 16,301 battery-powered EVs in the month. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. Once again, cash flow is net income plus depreciation and other non-cash charges. BYDDF is up 398% YTD, and 37% since my article last month. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. First and foremost, BYD makes the two most expensive components of an electric vehicle itselfthe battery and IGBTand again, BYD is the only automaker to produce either component. Most brokers let you trade in OTC stocks and you can open an account with any reputed broker including Robinhood if you wish to buy BYDDF stock. A company like BYD comes once in a blue moon, and its stock is already up 398% YTD. Summary. EBITDA, as the acronym depicts, is earnings before interest, taxes, depreciation and amortization. MULN Stock Alert: UNC Charlotte Orders Mullen Vans, BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next Hot EV Play. Since last months article, the CCP has announced the summary of the 14th Five-Year Plan, and the message is clear: China wants to be self-reliant when it comes to technological innovation, and green technology is the focus. BYDDF is traded on Hong Kong Stock Exchange." When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. BYD is a company that is encroaching on the high-growth EV industry through a multi-faceted strategy that includes personal EVs, commercial EVs, and battery manufacturing. BYD is a Chinese automaker. If you want to reach out, you can send a direct message here on Seeking Alpha, or an email to jonathandavidweber@gmail.com. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). What does "UNsponsored" and "sponsored" mean? Most brokers let you trade in OTC stocks and you. Break even point for HDHP plan vs being uninsured? A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. BYDDF is a good way to play the EV market. did not have (either directly or indirectly) any positions in the securities mentioned in this article. Value Style - Learn more about the Value Style. rev2023.5.1.43405. BYD Company BYD Co. Ltd. (" B uild Y our D reams" Chinese: ) is a publicly listed Chinese conglomerate manufacturing company headquartered in Shenzhen, Guangdong, China. Unbeknownst to many, BYD is one of the top passenger EV manufacturers in the world. Earnings estimate revisions are the most important factor influencing stocks prices. After all, Tesla didn't grow its sales by 400%+, nor did NIO grow its sales by 1,600%. Buying NIO and XPEV is straightforward. In addition, another advantage of BYD is that it's a battery producer as well and it not only manufactures batteries for its own EVs but also sells them to other OEMs as well. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Both tickers are for same company BYD, a Chinese EV company, known for being invested in by Warren Buffett. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. 3. Moreover, when comparing stocks in different industries, it can become even more important to look at the relative measures, since different stocks in different industries have different values that are considered normal. These are, however, issues that could be dealt with if management wants to. This shows the percentage of profit a company earns on its sales. BYD Semiconductor is the only Chinese company (not just EV manufacturer) that can produce IGBTs independently, and is 72.3% owned by its parent company, BYD Co. Ltd. BYD Semiconductor is expected to go public, though no timeframe has been given. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The other difference is that BYDDY shares trade at twice the price of BYDDF shares. Is this happening to you frequently? Return on Equity (or ROE) is calculated as income divided by average shareholder equity (past 12 months, including reinvested earnings). That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. It is the most commonly used metric for determining a company's value relative to its earnings. As states and municipalities become more environmentally conscious and frugal, they are starting to buy electric buses to reduce their carbon footprint. The demand has been particularly strong for the companys Han luxury electric sedan. This initiative will help accelerate the transition from diesel to electric buses in the U.S. As of July, BYD buses in the U.S. had logged 13 million miles of zero-emission operations, which is the distance of 520 trips around the world. 1. China is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies. Chinese EV stocks including BYDDF, NIO, XPeng Motors, and Li Auto are popular among U.S. investors. BYD is a Chinese electric batteries maker. If you do not, click Cancel. Building off its success in the European electric bus market, BYD plans to start selling the electric versions of Han and Tang in Norway next January. Market Realist is a registered trademark. Is Byddf stock overvalued? - True goodie This is in addition to its 14 variants of electric passenger vehicles. Summary. First, BYD's management is not doing a good job at promoting the stock and increasing name recognition, showcased by the fact that other, even way smaller EV companies have much higher follower counts. are strong. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). Its all the same company. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. It only takes a minute to sign up. How can investors buy BYD stock and what can they expect? It's quite confusing, but you can own any of them. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. What's the difference between Byddf and Byddy? Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F. As an investor, you want to buy srocks with the highest probability of success. What's the difference? This seems like a very reasonable comparison, as BYD's EVs are not at all cheap entry-level cars, unlike some of the offerings by other Chinese EV manufacturers. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. There's room for the stock to keep climbing. Li Auto delivered 12,759 vehicles in the first quarter while XPeng delivered 5,102 vehicles in March which took its Q1 2021 deliveries to 13,340. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. The Five-Year Plan stresses the role of commercial NEVs in meeting the 20% of new total sales. And like the P/E ratio, a lower number is typically considered 'better' than a higher number. That is a 33% cost reduction from battery and IGBT costs alone for BYD compared to the best-selling EV model in the world. And margin rates can vary significantly across these different groups. Considering this, we believe that BYD is a solid BUY for us at the current price, as it has more than enough catalysts for growth. Manufacturing its own battery cells has always afforded BYD an advantage in its margins, but Blade Battery and BYD Semiconductors IGBT contributed that much more. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. Buffett first took a 10 percent stake in BYD in 2008, which was the same year that Tesla unveiled its Roadster electric vehicle. (Video) Secret BYD Insider information - BYD will 10X stock price by 2025 According to Tipranks, Jonathan is among the top 0.5% of bloggers (as of January 10, 2022: https://www.tipranks.com/bloggers/jonathan-weber). In short, this is how much a company is worth. IGBTs (insulated gate bipolar transistors) are considered the CPU of an EV, as they switch power supplies to reduce power loss and improve reliability. Overall, the stock of BYD Co (OTCPK:BYDDF, 30-year Financials) appears to be significantly overvalued. Eigenvalues of position operator in higher dimensions is vector, not scalar? Its also worth pointing out that BYDs cars have been doing well in its home country. BYD ( OTCPK:BYDDF, OTCPK:BYDDY) released its third quarter earnings, where net income was up 781% Y/Y and EPS up 3,000% Y/Y. A company like BYD comes once in a blue moon. Folder's list view has different sized fonts in different folders. The Momentum Score takes all of this and more into account. Like most ratios, this number will vary from industry to industry. Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. It saw an opportunity in electric cars amid the push to curb climate change and jumped on it. Both Li Auto and XPeng listed in 2020 only and delivered stellar returns. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock.
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