Please disable your ad-blocker and refresh. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. That includes whats happening with Phunware(NASDAQ:PHUN), EVgo(NASDAQ:EVGO), and Ensysce Biosciences(NASDAQ:ENSC) shares today. Especially in huge cities where air pollution is a serious concern, such as in parts of China, growing e-bus adoption seems very likely. Chinas Ministry of Industry and Information Technology published an NEV outlook last year that set a goal for NEVs to make up 25% of new vehicle sales by 2025; similar to a company updating guidance for the next quarter, the government has established a more accurate and realistic target of 20% based on Chinas progress up to this point. Buffet owns the stock and its a really really popular stock to own in germany . The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Copyright Looking at the "Followers" the stock has here on Seeking Alpha, about 12,000, we see that the company is much less followed compared to the likes of NIO (173,000), XPeng (XPEV) (44,000), or even Nikola (NKLA) (53,000). And, of course, the 4 week change helps put the 1 week change into context. BYDDF trades at HKD:USD conversion rate (0.13) of the HK shares, so that makes financial breakdowns in USD easier, and BYDDY trades at 2x BYDDF. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. 1. 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. But, it's made even more meaningful when looking at the longer-term 4 week percent change. The Momentum Score takes all of this and more into account. "BYDDY is a sponsored ADR. The Momentum Scorecard table also displays the values for its respective Industry along with the values and Momentum Score of its three closest peers. Net Margin is defined as net income divided by sales. More details here. Like the earnings yield, which shows the anticipated yield (or return) on a stock based on the earnings and the price paid, the cash yield does the same, but with cash being the numerator instead of earnings. But they all have their place in the Growth style. The scores are based on the trading styles of Value, Growth, and Momentum. NIO is a play on the high-end electric car market while XPeng offers affordable electric cars. Market Realist is a registered trademark. ROE is always expressed as a percentage. BYD Company ( OTCPK:BYDDY) ( OTCPK:BYDDF) is an under-followed Chinese EV maker that is active in a range of other businesses as well, and which has Buffett's Berkshire Hathaway ( BRK.A) ( BRK.B . In addition, one of the major investors of BYD is Warren Buffett's Berkshire Hathaway, which holds an 8.2% stake in the company that was purchased back in 2008 for $232 million. BYD is trading for around $70 billion, though, and thus way cheaper than what one would expect when looking at how its peers are valued. Strong vehicle sales should continue to attract more investors to BYD, which stands out as one of the more established Chinese electric vehicle companies. and our Our testing substantiates this with the optimum range for price performance between 0-20. If you have an ad-blocker enabled you may be blocked from proceeding. Horizontal and vertical centering in xltabular. ', referring to the nuclear power plant in Ignalina, mean? It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. BYD also has developed and sells a monorail system called Skyrail, which is being deployed in a wide range of countries, including Brazil, Egypt, and China. Debt to Capital (or D/C ratio) is the fraction of debt (including mortgages and long-term leases) to long-term capitalization. What's the difference? According to Tipranks, Jonathan is among the top 0.5% of bloggers (as of January 10, 2022: https://www.tipranks.com/bloggers/jonathan-weber). Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). Some BYD employees joke that I know the company better than they. Valuation metrics show that Byd Co., Ltd. may be fairly valued. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. I think they're the same really, just some brokers only allow you to choose one. In addition, foreign investors could purchase BYD's shares only on the Hong Kong Stock Exchange or on the OTC market, where sometimes there might be not enough liquidity or big spreads, which is a downside as well. If a company's net margin is 15%, for example, that means its net income (or profit) is 15 cents for every $1 of sales the company makes. 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. BYD, however, trades at a discount compared to most of the better-known EV stocks, thus one may argue that they are trading at a more reasonable price: While peers such as NIO, Tesla, XPeng, and LI are trading for 10-25 times sales, BYD trades at 3.7 times its sales. Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. Summary. BYD Auto was founded. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. The reasons for this disconnect are likely two-fold. BYD has electric commercial vehicles in ten market segments: buses, coaches, and taxis; logistics, construction, and sanitation vehicles; and vehicles for warehousing, port, airport, and mining operations. The 1 week price change reflects the collective buying and selling sentiment over the short-term. I have been following BYD since 2009, and first met with BYD at its headquarters in Shenzhen, China over five years ago. When you take a step back, though, the most important part of the company is that BYD makes the batteries for all of its vehicles, which no other automaker does. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Above 1 means it assets are greater than its liabilities. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. 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. 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. Furthermore you will learn about the. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. If you like to enter the world of short selling and learn more about unconventional stock market strategies, then give the service a try and opt for the FREE 14-day trial today! 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. It's quite confusing, but you can own any of them. 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. Analysts Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I have no business relationship with any company whose stock is mentioned in this article. This will have them working together to create an EV similar to the Toyota Corolla. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. If you do not, click Cancel. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. It measures a company's ability to pay short-term obligations. Bears of Wall Street is happy to announce that you can gain access to the growing library of similar articles with a bearish sentiment by subscribing to the #1 Seeking Alpha marketplace service for short ideas called Best Short Ideas. As they say, 'price follows volume'. 3. have any clue as to why the stocks have performed so poorly lately (worse than the markets in general). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. Nevertheless, BYD stock still has outperformed Tesla (TSLA) and its closest Chinese peers such as NIO (NIO), XPeng (XPEV), and Li Auto (LI) in the last six months and is slowly recovering to its previous highs on the overall bullish sentiment. With gains of more than 400 percent, BYD stock has had a great year in 2020. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). * indicates the important links in the menu. Most importantly, under the new Five-Year Plans outline, we estimate BYDs commercial vehicle sales will grow by 1,543%, at which point BYD would have a competitive 29% market share in the Chinese NEV commercial vehicle space. And if you are looking for a BYD vs. Tesla (TSLA) comparison, read that article first. This longer-term historical perspective lets the user see how a company has grown over time. A value greater than 1, in general, is not as good (overvalued to its growth rate). Find out the difference between two stocks of the same company (how to identify ADRs, etc) 0. That means these items are added back into the net income to produce this earnings number. 1125 N. Charles St, Baltimore, MD 21201. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. You may need to check with your broker to see if they also support the BYDDF stock version of BYD. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. People tend to use electric vehicles to mean electric cars, which they certainly are, but passenger vehicles are only a portion of electric vehicles. The majority of our articles have bearish sentiment and reflect our short stance on the market. Is this happening to you frequently? The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. I wrote this article myself, and it expresses my own opinions. Can a stock exchange company actually go bust? The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. Note; companies will typically sell for more than their book value in much the same way that a company will sell at a multiple of its earnings. Visit Performance Disclosure for information about the performance numbers displayed above. BYD stock is now down 37 percent from its 52-week highs amid the sell-off in all green energy stocks. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. BYDDF stock trades at an NTM enterprise value to EBITDA multiple of 23.04x which looks reasonable considering the bloated valuations of other pure-play EV companies. After all, Tesla didn't grow its sales by 400%+, nor did NIO grow its sales by 1,600%. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Entering text into the input field will update the search result below, still can invest in the company by purchasing its shares via an OTC market and benefiting from the possible appreciation of its stock, as there's every reason to believe that the sales of its electric vehicles in China will only increase in the following decade. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. EV play Hi folks. The demand has been particularly strong for the companys Han luxury electric sedan. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. On top of that, the upcoming spin-off of the semiconductor business along with the addition to the Hang Seng Index will help BYD to unlock more value this quarter and gain more exposure, which in the end should lead to the creation of an additional shareholder value. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. 2023 InvestorPlace Media, LLC. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. If we narrow that down to the month of September, then five of BYDs cars make it into the top 15 on the list. BYD has the cheapest EV battery in the industry, and it plans to sell its newest batteryBlade Batteryto other automakers. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. [10] The company has two major subsidiaries, BYD Auto and BYD Electronic. 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. E-bus technologies look promising and have a range of tailwinds. Growth Style - Learn more about the Growth Style. After last weeks article, many people commented that they didnt know which BYD tickers they should buy. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure. If a company's expenses are growing faster than their sales, this will reduce their margins. I am not receiving compensation for it (other than from Seeking Alpha). Moreover, the company also has its hand in other areas of tech including batteries and solar panels.. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. The Zacks database contains over 10,000 stocks. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Jianghuai Automobile has risen by more than 8%, and Great Wall Motor has also reached a new high, rising by more than 3%. Zacks Ranks stocks can, and often do, change throughout the month. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. A small portion of the firm's top line comes from the sale of rechargeable batteries. I am not receiving compensation for it (other than from Seeking Alpha). Investors who discover that Buffett has a significant stake in BYD stock often wonder whether the company pays a dividend. A P/B of 1 means it's selling at its per share book value. It currently has a Growth Score of D. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D. The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. This is a medium-term price change metric (like the 4 week price change). Theres also a huge global market. In addition, BYD is also cheaper than its peers such as NIO, Tesla, XPeng, and Li Auto, which are trading at 10 to 20 times their sales, as its P/S ratio is less than 4x. Companies such as NIO, Tesla, XPeng are mostly focused on developing and selling EVs, while BYD has a wider approach. Nevertheless, foreign investors still can invest in the company by purchasing its shares via an OTC market and benefiting from the possible appreciation of its stock, as there's every reason to believe that the sales of its electric vehicles in China will only increase in the following decade. E-buses, for example, are a viable alternative to ICE-powered buses, as low average speed and travel range means that range considerations are not a major issue for the electricity-powered versions. None of the other automakers produce their own batteries (have I mentioned that? On top of that, BYD is only one of the few Chinese EV manufacturers to pay dividends, and it also has a significant insider ownership stake of ~31%, which is a good sign for all the average shareholders, as it's in the direct interest of the management to drive the share price higher. For one, part of trading is being able to get in and out of a stock easily. Currently, BYD manufactures 18 passenger vehicle models, 6 bus models, 4 electric coaches models, 2 van models, 6 truck models, and throughout 2020, it delivered a total of more than 400,000 vehicles. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. However, from a valuation perspective, BYD is the cheapest as compared to NIO, XPeng, as well as Li Motors. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. Zacks' proprietary data indicates that Byd Co., Ltd. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the BYDDY shares relative to the market in the next few months. How do the interferometers on the drag-free satellite LISA receive power without altering their geodesic trajectory? Still, though, they only make cars. Beyond China, BYD has bus factories in Brazil, Canada, the U.S., and Europe. Value Style - Learn more about the Value Style. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. Now that the CCPs Central Committee has given more detail in Chinas Five-Year Plan, we estimate 6.2 million NEVs sold in 2025 in China, which would meet Chinas goals of 20% of new vehicle sales being NEVs. A higher number means the more debt a company has compared to its capital structure. BYDDY: What are Zacks experts saying now? A company like BYD comes once in a blue moon, and its stock is already up 398% YTD. While Berkshire has experienced an impressive return on its investments in BYD in recent years, we believe that the growth will only accelerate in the following years, as the adoption of EVs will significantly increase this decade. 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. BYDDF is a good way to play the EV market. Members of Best Short Ideas get exclusive ideas and guidance to navigate any climate. What's the difference between Byddf and Byddy? A Biden presidency will undoubtedly accelerate the transition to EVs and renewable energy in the U.S., and may open the door for Chinese NEV companies to play a role in that transition. Overall, the company delivered sold more than 23,000 new energy vehicles in the month. If a stock's Q1 estimate revision decreases leading up to its earnings release, that's usually a negative sign, whereas an increase is typically a positive sign. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. When comparing this ratio to different stocks in different industries, take note that some businesses are more capital intensive than others. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. BYD's recent Q3 earnings were strong; and a Biden America and China's latest Five-Year Plan will only benefit EVs. A tremendous advantage BYD has over other battery producers is the new Blade Battery production lines it is quickly ramping in China to meet demand. It is certainly possible the U.S. will call on BYD for more than just electric buses in the future. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The company made its latest dividend payment in September 2020 and distributed $0.0169 per share. In 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. In addition, Byd Co., Ltd. has a VGM Score of D (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). Sure, Tesla is due credit for glamorizing the electric car, and OEMs and startups are actually making some compelling electric cars, even if not yet production-ready, but no other company has the ability to produce beyond passenger electric vehicles, and certainly not the batteries to do so. quotes delayed at least 15 minutes, all others at least 20 minutes. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. A lot of people/funds can only buy BYDDY, but many brokers can buy BYDDF or 1211:HK in Hong Kong as well. It only takes a minute to sign up. 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. I wrote this article myself, and it expresses my own opinions. BYD has an incredible domestic market for its products. Should you buy BYDDF stock now? Regardless of the many ways investors use this item, whether looking at a stock's price change, an index's return, or a portfolio manager's performance, this time-frame is a common judging metric in the financial industry. A ratio of 1 means a company's assets are equal to its liabilities. The income number is listed on a company's Income Statement. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com, 5 Hypergrowth Stocks With 10X Potential in 2023, four of the companys cars were among the top 15 sellers in China, PHUN Stock Cools Off Despite News the Trump Trade Favorite Just Bought Bitcoin, EVGO Stock Price Prediction: JPMorgan Thinks EVgo Will Hit $20, ENSC Stock Alert: What Investors Are Saying About Ensysce Biosciences as Shares Soar Today, Even if Block Beats on Earnings, Stay Away From SQ Stock, Louis Navellier and the InvestorPlace Research Staff, Rare Stock Indicators Show the Market Is About to Skyrocket, Ideanomics (IDEX) Stock Surges 90% Ahead of Possible Delisting, QS Stock Alert: QuantumScape Shares New Details on Commercial Timeline, Stock Market Crash Alert: Mark Your Calendars for May 3. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Chinese EV stocks including BYDDF, NIO, XPeng Motors, and Li Auto are popular among U.S. investors. Offers may be subject to change without notice. If you have an ad-blocker enabled you may be blocked from proceeding. Asking for help, clarification, or responding to other answers. First, BYDDF and BYDDY are versions of BYD stock. Not all EV-related stocks felt the same love over the last year, however. When evaluating a stock, it can be useful to compare it to its industry as a point of reference. Joe Biden has since been elected President, which could benefit. And within the M Industry, it might further be delineated into the X Industry group called Banks Northeast. This allows the investor to be as broad or as specific as they want to be when selecting stocks. There's room for the stock to keep climbing. a decent size positon.". Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. On top of that, while there are certain risks with investing in the Chinese companies, BYD has a proven track record of creating shareholder value for more than a decade and one of its major shareholders is Warren Buffett's Berkshire Hathaway (. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. BYD, NIO, and XPeng target different segments. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. Once again, cash flow is net income plus depreciation and other non-cash charges. For more information, please see our Delayed quotes by FIS. BYD is a Chinese manufacturing company founded in 1995 and based out of Shenzhen, Guangdong. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. Ford. rev2023.5.1.43405. In this report, we will shine some light on this lesser-known EV play and outline why Buffett has chosen BYD over the likes of Tesla (. The Daily Price Change displays the day's percentage price change using the most recently completed close. BYD is the only company that makes EVs of all classes. And margin rates can vary significantly across these different groups. China and Europe collectively account for 84% of global EV sales; ignore the U.S. for a moment. Start your free two-week trial today! I don't understand this forum post - "BYDDY is a sponsored ADR. As the name suggests, it's calculated as sales divided by assets. Chinese EV companies have been waiting for their chance to enter the U.S. market, and with a new president who embraces EVs and acknowledges Chinas technological success, their time may be here. 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. BYD North America supplies buses to over 50 customers in the U.S. alone, with over 400 buses on U.S. streets (more than any other electric bus). Article printed from InvestorPlace Media, https://investorplace.com/2021/12/byddf-stock-10-things-to-know-about-byd-as-investors-hunt-for-the-next-hot-ev-play/. InvestorPlace is home to all the latest stock news traders will want to know about. ZacksTrade and Zacks.com are separate companies. BYD has four factories in China with a production capacity of 1.5 million vehicles per year. Would My Planets Blue Sun Kill Earth-Life? California ordered $1 billion worth of N95 masks from BYD. In terms of unit sales, among NEVs sold this year in China, commercial vehicles account for 17%, and we think commercial vehicles could account for 24% of NEV sales in 2025 under Chinas new plans. BYD Company is a China-based vehicle maker that mainly focuses on manufacturing automobiles. Lets take a look at what investors interested in BYDDF stock need to know about the company. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. Bidens plan to catch up to China in tackling climate change is the opposite of what weve seen under President Trump. NIOs European expansion, ironically codenamed Marco Polo, is rumored to have already started. The latest data suggests that in 2021 the sales of EVs in China will already increase by more than 50% Y/Y, as China expects 20% of its car sales to be electric by the end of 2025. Joe Biden has since been elected President, which could benefit Chinese EV companies as well as make the U.S. an attractive market for Chinese EV OEMs.
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