Could a subterranean river or aquifer generate enough continuous momentum to power a waterwheel for the purpose of producing electricity? 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! Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. Horizontal and vertical centering in xltabular. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. 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. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. So, when comparing one stock to another in a different industry, it's best make relative comparisons to that stock's respective industry values. Both are traded Over the Counter (OTC). 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. Summary. Copenhagen appears to be the location of the first NIO House outside of China. stocks. The Price to Sales ratio or P/S is calculated as price divided by sales. Note: there are many factors that can influence the longer-term number, not the least of which is the overall state of the economy (recession will reduce this number for example, while a recovery will inflate it), which can skew comparisons when looking out over shorter time frames. 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. So be sure to compare a stock to its industry's growth rate when sizing up stocks from different groups. Thanks for contributing an answer to Personal Finance & Money Stack Exchange! I want to note that I do not believe that BYD should be valued at $200+ billion. 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. View the latest BYD Co. Ltd. (BYDDF) stock price, news, historical charts, analyst ratings and financial information from WSJ. . 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. 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. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. What is the difference between BYDDF and BYDDY? | BYDDF vs BYDDY | BYD Zacks Rank Education -- Learn more about the Zacks Rank To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. It's also commonly referred to as a 'liquidity ratio'. BYD: Why Buffett's EV Choice Is Better Than The Rest (BYDDF) 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. If you wish to go to ZacksTrade, click OK. BYD figured this out almost two decades ago. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. Zacks Style Scores Education - Learn more about the Zacks Style Scores. 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. Volume is a useful item in many ways. Learn more about Zacks Equity Research reports. That's all I can contribute BYD, NIO, and XPeng target different segments. It's not them. All Rights Reserved. * indicates the important links in the menu. BYD went back to the drawing board, and shifted its focus on making commercial electric vehicles until the passenger EV market matured in China. The demand has been particularly strong for the companys Han luxury electric sedan. Its also worth pointing out we saw the companys stock jump when markets opened this morning only to suffer a fall shortly afterward. 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 has been, still is, and certainly will continue to be what differentiates BYD the most. 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. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. I don't understand this forum post - "BYDDY is a sponsored ADR. 4 11 11 comments Best Add a Comment repagator8 2 yr. ago They're both good. ", "ARKQ (ETF) is holding BYD/BYDDF. With Chinas new Five-Year Plan targeting urban transportation as a way to curb carbon emissions, BYD will be a clear winner in the space because it has the available capacity to electrify entire cities and regions. The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares. Since there is a fair amount of discretion in what's included and not included in the 'ITDA' portion of this calculation, it is considered a non-GAAP metric. 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. Our investments include short sales of common stock. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. There's room for the stock to keep climbing.
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