Why is NO ONE talking about BYD here. Nevertheless, even at that rate, BYD would be able to easily outsell the likes of NIO, XPeng, Li Auto (LI), LUCID (LUCIDM), Rivian (RIVN), and so on. Only BYD has the ability to produce beyond passenger electric vehicles, and also the batteries to do so. Where and how do investors buy BYD stock and is it a good investment? By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. Thats all Ill say. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Ironically, it may be the U.S. market that will soon be begging for BYD cars, as well as EVs from NIO, Xpeng, and other Chinese OEMs. 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. A ratio of 1 means a company's assets are equal to its liabilities. It wasnt the right time, nor the right market. 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. 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. A value under 20 is generally considered good. However, from a valuation perspective, BYD is the cheapest as compared to NIO, XPeng, as well as Li Motors. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. This is a medium-term price change metric. A Look At 6 ETFs That Cover The Electric Vehicles Trend Not all EV-related stocks felt the same love over the last year, however. Privacy Policy. NIO vs BYDDF : r/Baystreetbets - Reddit The change is made all the more important the closer proximity it is to the stock's earnings date since it is generally believed that the most recent estimates are the most accurate since it's using the most up-to-date information leading up to the report. 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. Members of Best Short Ideas get exclusive ideas and guidance to navigate any climate. If you were to apply a 21% improvement in Teslas automotive gross margin over the last four quarters (granted this isnt comparing apples to apples), it would have made an additional $1.29B in automotive gross profit. Eigenvalues of position operator in higher dimensions is vector, not scalar? Besides electric cars, BYDs other products include electric bikes, rechargeable batteries, and solar panels. All Rights Reserved. BYDDF is traded on Hong Kong Stock Exchange." When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? It is essentially the inverse of the P/E ratio. 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. 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. Jianghuai Automobile has risen by more than 8%, and Great Wall Motor has also reached a new high, rising by more than 3%. The Current Ratio is defined as current assets divided by current liabilities. What's the difference? 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. 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. 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. While a P/B of less than 3 would mean it's trading at a discount to the market, different industries have different median P/B values. Similar to BYDs battery production capacity, its vehicle factories have enough unused capacity to meet future demand. Copenhagen appears to be the location of the first NIO House outside of China. 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! How does BYDDF differ from BYDDY? On top of that, let's not forget that BYD has also been profitable for the last decade, while a large part of current EV manufacturers is expected to continue to lose money in the following quarters. 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. BYD is a Chinese automaker. ", When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. I have no business relationship with any company whose stock is mentioned in this article. A company with an ROE of 10%, for example, means it created 10 cents of assets for every $1 of shareholder equity in a given year. For one, part of trading is being able to get in and out of a stock easily. People may receive compensation for some links to products and services on this website. I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. 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 . 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. 3. A P/B of 0.5 means its selling at half its book value. 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. It is used to help gauge a company's financial health. For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). This new EV will be exclusive to the Chinese automotive market. Since my Seeking Alpha article BYD: Step Aside, Tesla last month, a lot has changed that will only add to BYDs bright future ahead. If you have questions feel free to ask them via direct messaging or through the comment section. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. But they all have their place in the Growth style. 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. 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. This is also referred to as the cash yield. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. Looking for a helping hand in the market? Zacks Style Scores Education - Learn more about the Zacks Style Scores. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. I have no business relationship with any company whose stock is mentioned in this article. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. After last weeks article, many people commented that they didnt know which BYD tickers they should buy. 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. I wrote this article myself, and it expresses my own opinions. InvestorPlace is home to all the latest stock news traders will want to know about. Beyond China, BYD has bus factories in Brazil, Canada, the U.S., and Europe. Where might I find a copy of the 1983 RPG "Other Suns"? Current Cash Flow Growth measures the percent change in the year over year Cash Flow. BYD trades under two ticker symbols on the OTC markets, BYDDFand BYDDY. 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. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Is there a generic term for these trajectories? Since bonds and stocks compete for investors' dollars, a higher yield typically needs to be paid to the stock investor for the extra risk being assumed vs. the virtual risk-free investment offered in U.S.-backed Treasuries. According to He Long, president of BYDs battery business unit, nearly every automaker youve ever heard of has reached out to BYD regarding technical cooperation, especially after Blades launch. BYD Competitors and Alternatives 2023 (OTCMKTS:BYDDF) - MarketBeat Electric vehicles are here to stay; no longer is that disputed. 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 (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. At this stage, 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. I wrote this article myself, and it expresses my own opinions. NIO vs BYD: Which EV Stock Is A Good Buy? | Seeking Alpha BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. The other difference is that BYDDY shares trade at twice the price of BYDDF shares. 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. 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. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Octobers sales numbers were just released: NEV sales grew 85% Y/Y in China, and PEV sales grew by 97% Y/Y. 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 I am not receiving compensation for it (other than from Seeking Alpha). First, BYDDF and BYDDY are versions of BYD stock. The Price to Earnings ratio or P/E is price divided by earnings. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. All of those stocks are classified into three groups: Sector, M Industry and X Industry. This means that more and more batteries are needed, which means that the battery manufacturing business BYD is active in should do well, whether the EV leader in 2030 is Tesla, Volkswagen, or any other company. 'BYDDY vs BYDDF'. What's the difference? EV play : r/stocks - Reddit Seeking Alpha's Disclosure: Past performance is no guarantee of future results. For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. BYD can't be described as inexpensive at all. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. Buffett appears to think that BYD has brighter prospects than rival Tesla. 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. Summary. A 'good' number would usually fall within the range of 1.5 to 3. This allows the investor to be as broad or as specific as they want to be when selecting stocks. BYD is not only selling batteries to commercial vehicle producers, but is also designing and manufacturing its own products. Companies such as NIO, Tesla, XPeng are mostly focused on developing and selling EVs, while BYD has a wider approach. Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank.