The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. Analysts Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Founded in 1995, BYD started as an electronics company, but more than a decade ago pivoted to the manufacturing of electric vehicles and is currently one of the pioneers of the EV industry in China. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. The best answers are voted up and rise to the top, Start here for a quick overview of the site, Detailed answers to any questions you might have, Discuss the workings and policies of this site. Investors like this metric as it shows how a company finances its operations, i.e., what percentage is financed thru shareholder equity or debt. Its factories are running at 27.7% capacitysignificantly lower than NIO and Xpeng factories, which are running at full capacity. Break even point for HDHP plan vs being uninsured? Episode about a group who book passage on a space ship controlled by an AI, who turns out to be a human who can't leave his ship? Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. Ford. In 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. But they all have their place in the Growth style. Like earnings, a higher growth rate is better than a lower growth rate. Cookie Notice Both Li Auto and XPeng listed in 2020 only and delivered stellar returns. More details here. BYD's portfolio includes electric busses, electric trucks, and electric vans. BYD is, however, a larger and more successful company than these widely followed EV companies. First of all, the company doesn't release 10-K and 10-Q filings, as its stock is not trading directly on major American stock exchanges, and as a result, the company is not regulated directly by the SEC. BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next Copyright With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. You can get up to speed on that news by checking out the links below! Cross listing question with example. Horizontal and vertical centering in xltabular. This list of both classic and unconventional valuation items helps separate which stocks are overvalued, rightly lowly valued, and temporarily undervalued which are poised to move higher. 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. 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. And margin rates can vary significantly across these different groups. Am I exposed to currency risk when I invest in shares of a foreign company that are listed domestically? a decent size positon." When "I viewed all holdings" on ARKQ, I see BYDDY listed as UNsponsored. How good is it? The policy also advocates for improvements in EV components, more funding for efficient charging and battery swapping networks, and a better green car quota system to help OEMs transition to NEVs. Bears of Wall Street is a community of traders and financial analysts, who take a pragmatic approach to valuing companies. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. The demand has been particularly strong for the companys Han luxury electric sedan. 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. 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. CEO at Snow Bull Capital, a hedge fund focused on high tech, new tech, clean tech, and green tech companies that lead their respective industries in terms of technological innovation, and whose technology has a meaningful and positive impact on the world. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. The 52 week price change is a good reference point. Cash Flow is a measurement of a company's health. Like the P/E ratio, a lower number is considered better. Offers may be subject to change without notice. For that reason, sometimes it might be hard for investors outside of China to find fresh financial information on the company, as its English IR section on the official website is not updated as frequently as the Chinese IR section. 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. 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. I have since visited the HQ 14 times, toured its largest battery factory in Kengzi, Shenzhen twice, toured dozens of its other factories across China, been to its offices in Los Angeles and New York City multiple times, and toured the Lancaster, CA bus factory. Similar to BYDs battery production capacity, its vehicle factories have enough unused capacity to meet future demand. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) NIO (NIO) and Xiaopeng (Xpeng) Motors (XPEV) are two publicly traded companies whose electric cars are selling well in China, and both are expected to enter the European market soon. 2023 InvestorPlace Media, LLC. This is, compared to legacy automakers such as Volkswagen (OTCPK:VWAGY), General Motors (GM), Ford (F), or Toyota (TM), still not a low valuation, though, as those mostly trade for 0.5-1 times sales. This allows the investor to be as broad or as specific as they want to be when selecting stocks. Buffett first took a 10 percent stake in BYD in 2008, which was the same year that Tesla unveiled its Roadster electric vehicle. The monthly returns are then compounded to arrive at the annual return. 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. This will have them working together to create an EV similar to the Toyota Corolla. First of all, it doesn't face the risk of a possible delisting in the future and it also won't be significantly affected by the possible US-China trade war in the future, as most of its business operates in China. To update my top 5, I would remove Renault and add in XPeng Inc. . BYD is thus, with relatively comparable offerings, taking market share versus Tesla. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. On the date of publication, William White. Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports. BYDDF, XPEV, and NIO have recently taken the reins from TSLA. 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. BYD's major advantage is that it's already one of the most dominant companies in the EV industry in China, which is also the biggest EV market in the world. This shows the percentage of profit a company earns on its sales. Within each 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 stocks with the highest probability of success. A lot of people/funds can only buy BYDDY, but many brokers can buy BYDDF or 1211:HK in Hong Kong as well. What is the difference between BYDDF and BYDDY? | BYDDF vs BYDDY | BYD Moreover, the company also has its hand in other areas of tech including batteries and solar panels.. This is why Tesla is striving to one-day make its own batteries. Our testing substantiates this with the optimum range for price performance between 0-20. The respective items are ranked and graded into five groups: A, B, C, D and F. 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 stocks with the highest probability of success. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. I have no business relationship with any company whose stock is mentioned in this article. Buffett owns a 25 percent stake in BYD stock through his company Berkshire Hathaway. 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. Since my Seeking Alpha article BYD: Step Aside, Tesla last month, a lot has changed that will only add to BYDs bright future ahead. As for BYD last month, it sold 87% of e-buses in China, and it has already sold nearly twice as many e-buses in China this year since the same period last year. 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. Instead, I want to point out that there is a clear disconnect between how the market values BYD compared to most other EV companies. 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. BYD, of course, also sells its own passenger EVs that compete with the offerings of NIO, Tesla, etc. 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. Buying NIO and XPEV is straightforward. 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 (. I wrote this article myself, and it expresses my own opinions. cross between the bipolar and MOSFET transistors, 13 million miles of zero-emission operations. You will need to open an account with a broker that supports the stock, fund the account, and place your order for BYDDY stock. Growth Style - Learn more about the Growth Style. While a Biden Administration is certainly good news for the future of the U.S., it will still be far behind China in terms of addressing climate change. If you have an ad-blocker enabled you may be blocked from proceeding. Unbeknownst to many, BYD is one of the top passenger EV manufacturers in the world. Electric buses have higher upfront costs than non-electric buses, but their total cost of ownership makes them significantly cheaper to operate. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Lets take a look at what investors interested in BYDDF stock need to know about the company. BYD (BYDDF) Stock Forecast, Price & News $30.29 -0.65 (-2.10%) (As of 04/28/2023 ET) Compare Today's Range $29.99 $30.75 50-Day Range $25.04 $30.94 52-Week Range $21.29 $43.61 Volume 58,953 shs Average Volume 59,964 shs Market Capitalization $88.18 billion P/E Ratio 59.39 Dividend Yield N/A Price Target N/A did not have (either directly or indirectly) any positions in the securities mentioned in this article. While it's headquartered in Shenzhen, China, it has manufacturing facilities in China, the US, and in other parts of the world such as Brazil and Canada. Is this happening to you frequently? Connect and share knowledge within a single location that is structured and easy to search. In general, the lower the ratio is the better. Its all the same company. Copyright 2023 Market Realist. While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. 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. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. If you do not, click Cancel. Enterprise Value (EV) is Market Capitalization + Debt - Cash. In short, this is how much a company is worth. 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. It operates through the following segments: Rechargeable Batteries and. After all, BYD has ambitious goals of becoming a global leader in EV technologies and growing its sales to $100+ billion over the next couple of years, and it would only be reasonable to then also upgrade investor communication. 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. It was an anxious time for BYD, because it felt that it needed validation in the U.S. to achieve sales in China, but the U.S. market wasnt ready for a mid-priced EV or PHEV, especially one from a Chinese company. BYD announced in September its participation in a statewide contract will allow American transit agencies to leverage Californias purchase power to buy U.S.-built zero-emission BYD electric coach buses. 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. IGBTs (insulated gate bipolar transistors) are considered the CPU of an EV, as they switch power supplies to reduce power loss and improve reliability. I have been following BYD since 2009, and first met with BYD at its headquarters in Shenzhen, China over five years ago. BYD brought Han to Stuttgart, the home of Porsche and Daimler, and had very positive feedback from the public on the cars design and specs. AutoNation (AN) Q1 Earnings Surpass Estimates, Sales Miss, Harrow Health and CDW have been highlighted as Zacks Bull and Bear of the Day, Volkswagen (VWAGY) Appears Well-Poised for EV Supremacy. Projected EPS Growth looks at the estimated growth rate for one year. I wrote this article myself, and it expresses my own opinions. The agenda includes: achieving a carbon-free power sector by 2035, achieving nation-wide carbon neutrality by 2050, driving clean energy technologies costs down (such as battery development, energy storage, and EV charging stations), increasing incentives for NEVs and electrifying public vehicles (all U.S.-built buses, federal government vehicles, etc. I wrote this article myself, and it expresses my own opinions. I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. BYD soared more than 5%, another record high The stock has risen by more than 60% since September, & its total market value has exceeded 370 billion. 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. Please disable your ad-blocker and refresh. Summary. 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 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. Should you buy BYDDF stock now. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. 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). For more information, please see our This is also commonly referred to as the Asset Utilization ratio. Could a subterranean river or aquifer generate enough continuous momentum to power a waterwheel for the purpose of producing electricity? Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually.
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