Gross margins jumped from 13.9% to 22.3% in the third quarter (60% Q/Q). BYD has the cheapest EV battery in the industry, and it plans to sell its newest batteryBlade Batteryto other automakers. 'BYDDY vs BYDDF'. What's the difference? EV play : r/stocks - Reddit The Price to Earnings ratio or P/E is price divided by earnings. As the name suggests, it's calculated as sales divided by assets. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers. Delayed quotes by FIS. 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. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. And if you are looking for a BYD vs. Tesla (TSLA) comparison, read that article first. Not all EV-related stocks felt the same love over the last year, however. Some of the items you'll see in this category might look very familiar, while other items might be quite new to some. This includes personalizing content and advertising. What is the symbol (which looks similar to an equals sign) called? stocks - How does BYDDF differ from BYDDY? - Personal Finance & Money Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. 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. What's the difference between Byddf and Byddy? 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. Why is NO ONE talking about BYD here : r/stocks - Reddit 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. 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. I don't see that quote anywhere in the forum thread you linked to. A D/E ratio of 1 means its debt is equivalent to its common equity. How good is it? I have no business relationship with any company whose stock is mentioned in this article. If you have questions feel free to ask them via direct messaging or through the comment section. NASDAQ data is at least 15 minutes delayed. Cash Flow is net income plus depreciation and other non-cash charges. 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. Momentum Style - Learn more about the Momentum Style. Analysts Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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. stocks. 5. This has been, still is, and certainly will continue to be what differentiates BYD the most. According to Tipranks, Jonathan is among the top 0.5% of bloggers (as of January 10, 2022: https://www.tipranks.com/bloggers/jonathan-weber). By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. 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. In general, a lower number or multiple is usually considered better that a higher one. All Rights Reserved. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. When did Buffett buy Byddf? The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares and BYDDY trades at roughly twice what BYDDF trades at. BYD reminds me way more of a chinese Tesla than NIO because BYD also . Thats well above the companys daily average trading volume of roughly 136,000 shares. It's typically categorized as a valuation metric and is most often quoted as Cash Flow per Share and as a Price to Cash flow ratio. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Theres also a huge global market. While we dont have the breakup for China, according to Chinas Association of Automotive Manufacturers, the Elon Musk-led company sold 18,318 vehicles in February in China. I wrote this article myself, and it expresses my own opinions. 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. 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. The demand has been particularly strong for the companys Han luxury electric sedan. 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/. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. People may receive compensation for some links to products and services on this website. NIO stock also rose over 1,100 percent in 2020 which was ahead of Teslas 740 percent rise in the year. Reddit and its partners use cookies and similar technologies to provide you with a better experience. 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. 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. Another advantage of BYD is that it ended Q1 with $2.1 billion in cash and with an interest coverage ratio of 5.5x it has more than enough resources to easily service its debt, reinvest available resources into its growth, and continue to pay dividends to its shareholders. The company operates in the automotive business through its subsidiary, BYD Auto. Revenue was up 40.7% Y/Y and up 11.9% YTD. BYD pays an annual dividend. BYD is, however, a larger and more successful company than these widely followed EV companies. 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 you want to reach out, you can send a direct message here on Seeking Alpha, or an email to jonathandavidweber@gmail.com. Most brokers let you trade in OTC stocks and you. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. In recent years, BYD stock has significantly outperformed the S&P 500 index, but earlier this year began to decline along with stocks of its competitors due to the overall market selloff. Cross listing question with example. More details here. These are, however, issues that could be dealt with if management wants to. Since BYDDF is traded on the OTC markets, not many analysts cover the stock. 3. How does the broker benefit from shorting stock? I have no business relationship with any company whose stock is mentioned in this article. With gains of more than 400 percent, BYD stock has had a great year in 2020. We expect BYDs passenger NEV sales in China to grow by 346%, Teslas by 162%, NIOs by 510%, and Xpengs by 629% over the next four years. 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. That said, the company is a strong player in the Chinese EV market. 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. 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. While the one year change shows the current conditions, the longer look-back period shows how this metric has changed over time and helps put the current reading into proper perspective. Value Style - Learn more about the Value Style. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Should You Follow Warren Buffett and Buy BYD (BYDDF) Stock? BYD has been waiting years for the markets to accept EVs as commonplace. It's calculated as earnings divided by price. Volume is a useful item in many ways. 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. Privacy Policy. EV play Hi folks. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. This seems like an approach that could pay off in the long run. A ratio under 40% is generally considered to be good.But note; this ratio can vary widely from industry to industry. BYDDF is up 398% YTD, and 37% since my article last month. So the PEG ratio tells you what you're paying for each unit of earnings growth. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. Analysts Disclosure: I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares. What does "UNsponsored" and "sponsored" mean? ), so BYD has almost limitless battery partnership opportunities in the road ahead, especially because it has the cheapest and safest battery in the industry. BYDDF Stock: 10 Things to Know About BYD as Investors Hunt for the Next BYD is a Chinese EV maker that's backed by billionaire investor Warren Buffett. I am not receiving compensation for it (other than from Seeking Alpha). But, it's made even more meaningful when looking at the longer-term 4 week percent change. This is a medium-term price change metric (like the 4 week price change). While currently, BYD has a market cap of ~$100 billion, its forward P/E of ~130x is lower than to P/E's of other growing companies that don't grow at a triple-digit rate, as was the case in Q1. If you wish to go to ZacksTrade, click OK. The car sells for 229,800279,500 yuan a discount price compared to what Teslas Model 3 costs. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. The company made its latest dividend payment in September 2020 and distributed $0.0169 per share. BYD expects battery production capacity will reach 65 GWh by the end of this year, 75 GWh in 2021, and 100 GWh in 2022. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). A value under 20 is generally considered good. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. 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. China has among the most favorable policies toward the electric vehicle industry in the world, which bodes well for BYD. Zacks Rank Education -- Learn more about the Zacks Rank For more information, please see our BYD is a lesser-known EV company, even though it is a major player in different markets. This allows the investor to be as broad or as specific as they want to be when selecting stocks. Cash is vital to a company in order to finance operations, invest in the business, pay expenses, etc. It operates through the following segments: Rechargeable Batteries and Photovoltaic Products, Mobile Handset Components, Assembly Service and Other Products, and Automobiles and Related Products and Other Products. Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. First, BYDDF and BYDDY are versions of BYD stock. IGBTs are expensive, and not many companies produce them, though the global market for IGBTs is currently ~$1.5B, and is expected to quadruple in the next five years. 2023 InvestorPlace Media, LLC. Years ago, BYD saw the future, and built it; now, everyone else is playing catch-up. This item is updated at 9 pm EST each day. BYD is the only company that makes EVs of all classes. BYD is a chinese company that has seen really stable and good growth this year but i havent seen anyone posting about it or commenting that he owns the stock . It's packed with all of the company's key stats and salient decision making information. A 'good' number would usually fall within the range of 1.5 to 3. It is essentially the inverse of the P/E ratio. This is a necessary trajectory if China wants to meet its goal of carbon neutrality by 2060. I have no business relationship with any company whose stock is mentioned in this article. The company is an EV OEM, but on top of that, BYD also has exposure to the space through other business units. Cash Flow is a measurement of a company's health. The 52 week price change is a good reference point. In short, this is how much a company is worth. This shows the percentage of profit a company earns on its sales. Lastly BYDDY is an ADR while BYDDF is H share, but who cares? a decent size positon.". A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. Projected EPS Growth looks at the estimated growth rate for one year. a decent size positon." When "I viewed all holdings" on ARKQ, I see BYDDY listed as UNsponsored. Above 1 means it assets are greater than its liabilities. The firm generates almost half its revenues from the sale of components for mobile phones.
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