Summary. The Price to Book ratio or P/B is calculated as market capitalization divided by its book value. The Han sedan can go nearly 376 miles on a single charge. Market capitalizations of the likes of Tesla, NIO, and many more soared as new capital was rushing into the sector: Market capitalization increases of hundreds of percentage points seem baffling for sure, and it seems quite questionable whether those are warranted by the companies' underlying growth. The Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. 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 . Many investors prefer EV to just Market Cap as a better way to determine the value of a company. 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. To learn more, see our tips on writing great answers. Many other growth items are considered as well. Both are traded Over the Counter (OTC). When it comes to buying BYD stock, it can be a little confusing for some investors trying to figure out the difference between BYDDF and BYDDY. On top of that, using EV technology instead of diesel-powered vehicles will lead to lower local emissions and can thus translate to cleaner air. stocks - How does BYDDF differ from BYDDY? - Personal Finance & Money This is a medium-term price change metric. Some BYD employees joke that I know the company better than they. On the date of publication, William Whitedid not have (either directly or indirectly) any positions in the securities mentioned in this article. 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. BYD Competitors and Alternatives 2023 (OTCMKTS:BYDDF) - MarketBeat It only takes a minute to sign up. Does a password policy with a restriction of repeated characters increase security? Byddf stocks are those that are held by the government, while byddy stocks are those that are held by the private sector. ", When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. The Projected Sales Growth (F1/F0) looks at the estimated growth rate for the current year. Zacks Style Scores Education - Learn more about the Zacks Style Scores. BYD currently has Blade Battery factories in Shenzhen, Xi'an, Qinghai, Chongqing, Changsha, and Guiyang. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. The Five-Year Plan stresses the role of commercial NEVs in meeting the 20% of new total sales. BYD stock is now down 37 percent from its 52-week highs amid the sell-off in all green energy stocks. ", "ARKQ (ETF) is holding BYD/BYDDF. So the PEG ratio tells you what you're paying for each unit of earnings growth. 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. The car sells for 229,800279,500 yuan a discount price compared to what Teslas Model 3 costs. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. Earnings estimate revisions are the most important factor influencing stocks prices. The analyzed items go beyond simple trend analysis. BYDDF is traded on Hong Kong Stock Exchange." When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. Should you buy BYDDF stock now. If you want to reach out, you can send a direct message here on Seeking Alpha, or an email to jonathandavidweber@gmail.com. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Start your free two-week trial today! Value Style - Learn more about the Value Style. It's also commonly referred to as a 'liquidity ratio'. Revenue was up 40.7% Y/Y and up 11.9% YTD. 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. Chinas fast-expanding middle-class population is also an advantage for BYD, especially in the luxury car market. BYD reminds me way more of a chinese Tesla than NIO because BYD also . A post on popular Reddit group WallStreetBets, which was upvoted over 2,100 times, referred to BYD among the value stocks listed by Keith Gill on his Reddit forum. Electric buses have higher upfront costs than non-electric buses, but their total cost of ownership makes them significantly cheaper to operate. InvestorPlace is home to all the latest stock news traders will want to know about. The 20 day average establishes this baseline. So it's a good idea to compare a stock's debt to equity ratio to its industry to see how it stacks up to its peers first. A company like BYD comes once in a blue moon. Could a subterranean river or aquifer generate enough continuous momentum to power a waterwheel for the purpose of producing electricity? BYD Company: 10 Things to Know About the Chinese EV Stock Thereby, it's still not too late to add BYD's shares to your portfolio, if you're looking to add exposure to the EV industry. 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. Ill admit, it seems confusing, but here is the rundown: BYDDF and BYDDY are both OTC, but BYDDY is the ADR, and BYDDF is H-shares. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. 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. There are 17 Sectors, 60 different M Industries, and 265 X Industries. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. 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 . 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. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. It saw an opportunity in electric cars amid the push to curb climate change and jumped on it. 1. BYD was not looking at the U.S. market as a major revenue stream, but rather to establish its brand overseas. The 13 million miles saved over 16,000 metric tons of GHG emissionsequivalent to removing 13,000 cars from the road. That is a 33% cost reduction from battery and IGBT costs alone for BYD compared to the best-selling EV model in the world. Now that it has, BYD is right where it wants to be. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Not all EV-related stocks felt the same love over the last year, however. NIO is a play on the high-end electric car market while XPeng offers affordable electric cars. First, BYDDF and BYDDY are versions of BYD stock. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. Why is there almost no mention of BYDDY in this sub? : r/stocks - Reddit Like the P/E ratio, a lower number is considered better. For one, part of trading is being able to get in and out of a stock easily. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. 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. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. What causes stock price to differ from the real time data? 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Analysts Disclosure: I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. Its all the same company. Where and how do investors buy BYD stock and is it a good investment? You can get up to speed on that news by checking out the links below! Should I buy Byd Co. (BYDDY) - Zacks The Price to Sales ratio or P/S is calculated as price divided by sales. 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. Liked the article? 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. BYD Company Stock Price Forecast. Should You Buy BYDDF? An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's. A Look At 6 ETFs That Cover The Electric Vehicles Trend rev2023.5.1.43405. This is a longer-term price change metric. EV stocks have been a favorite investment of many throughout the last year, and currently, many stocks in this space seem to be priced for perfection. How to invest in byd? (2023) A P/B of 1 means it's selling at its per share book value. 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. Why does Rolls Royce have 4 separate tickers, on OTC Markets? With gains of more than 400 percent, BYD stock has had a great year in 2020. 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. What's the difference between Byddf and Byddy? Market Realist is a registered trademark. NIO vs BYDDF : r/Baystreetbets - Reddit So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. 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.