what is the difference between byddf and byddy

The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). Now that it has, BYD is right where it wants to be. BYD (BYDDY) Stock Forecast, Price & News $60.65 -1.32 (-2.13%) (As of 04/28/2023 ET) Compare Today's Range $59.65 $60.66 50-Day Range $50.00 $61.97 52-Week Range $42.72 $84.88 Volume 111,668 shs Average Volume 133,809 shs Market Capitalization N/A P/E Ratio 151.63 Dividend Yield 0.03% Price Target $40.00 Connect and share knowledge within a single location that is structured and easy to search. That said, the company is a strong player in the Chinese EV market. A sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. Collectively, the two components (the battery cost at the pack level) account for 38-42% of the total manufacturing cost of an EV, by our estimates. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). The Price to Earnings ratio or P/E is price divided by earnings. 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. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Gross margins jumped from 13.9% to 22.3% in the third quarter (60% Q/Q). Now Berkshire's stake is worth well over $5 billion and BYD is in the top 10 largest holdings of the fund to date. Buffett owns a 25 percent stake in BYD stock through his company Berkshire Hathaway. 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. Lastly BYDDY is an ADR while BYDDF is H share, but who cares? BYD's portfolio includes electric busses, electric trucks, and electric vans. 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. * indicates the important links in the menu. 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. But, typically, an aggressive growth trader will be interested in the higher growth rates. 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 . ", Improving the copy in the close modal and post notices - 2023 edition, New blog post from our CEO Prashanth: Community is the future of AI, Use of chatGPT and other AI generators is banned. This is in addition to its 14 variants of electric passenger vehicles. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Less than 1 means its liabilities exceed its short-term assets (cash, inventory, receivables, etc.). It's used by investors as a measure of financial health. 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) as one of its top shareholders. A higher number means the more debt a company has compared to its capital structure. BYD stock is now down 37 percent from its 52-week highs amid the sell-off in all green energy stocks. For BYD's newest model, Han (performance of a Tesla Model S for the price of a Model 3), we estimate the IGBT and battery at the pack level combined cost to be only 25.4% of the total manufacturing cost, despite the cars narrower gross margins. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Cross listing question with example. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. 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. A Biden America will only benefit BYD. The median P/B ratio for stocks in the S&P is just over 3. But when compared to its growth rate, it does't have the earnings growth to justify its P/E. As they say, 'price follows volume'. In short, this is how much a company is worth. This is a medium-term price change metric (like the 4 week price change). How good is it? Thanks to such a successful performance and triple-digit growth, it's very likely that BYD's stock will keep its momentum and will continue to rebound to its latest highs. 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/. Jianghuai Automobile has risen by more than 8%, and Great Wall Motor has also reached a new high, rising by more than 3%. Even without news, BYDDF stock is seeing heavy trading today. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank. I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. I have no business relationship with any company whose stock is mentioned in this article. A ratio of 2 means its assets are twice that of its liabilities. Should you buy BYDDF stock now? This new EV will be exclusive to the Chinese automotive market. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) How are stocks traded on multiple exchanges. Partnerships have been formed with Norwegian importers, and BYD plans to expand to other Western European markets as NEV market share continues to rise. Zacks' proprietary data indicates that Byd Co., Ltd. is currently rated as a Zacks Rank 1 and we are expecting an above average return from the BYDDY shares relative to the market in the next few months. Thanks to such a growth of the market, there's every reason to believe that BYD will be able to achieve its goal of generating $150 billion in annual revenue by the end of the current decade. A D/E ratio of 1 means its debt is equivalent to its common equity. ', referring to the nuclear power plant in Ignalina, mean? A company like BYD comes once in a blue moon. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. But they all have their place in the Growth style. ", When I Googled this, I saw "ARKQ (ETF) is holding BYD/BYDDF. 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 develops mostly full-electric and hybrid vehicles such as traditional sedans, SUVs, busses, forklifts, and even trains. While EV stocks like Tesla and NIO are quite popular on Reddit groups, BYD is not among the popular names on Reddit. Strong vehicle sales should continue to attract more investors to BYD, which stands out as one of the more established Chinese electric vehicle companies. The Daily Price Change displays the day's percentage price change using the most recently completed close. On top of that, the upcoming spin-off of the semiconductor business along with the addition to the Hang Seng Index will help BYD to unlock more value this quarter and gain more exposure, which in the end should lead to the creation of an additional shareholder value. Is this happening to you frequently? The (F1) EPS Estimate Weekly Change calculates the percentage change in the consensus earnings estimate for the current year (F1) over the last week. BYD was not looking at the U.S. market as a major revenue stream, but rather to establish its brand overseas. They both trade in OTC markets in the U.S. The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. Its growth ranks in the middle range of the companies in Vehicles & Parts industry. BYD is on track to produce 415k vehicles across all powertrains and vehicle types. Folder's list view has different sized fonts in different folders. Growth Style - Learn more about the Growth Style. 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. The 20 day average establishes this baseline. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. BYD Company is a China-based vehicle maker that mainly focuses on manufacturing automobiles. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment. The Growth Scorecard evaluates sales and earnings growth along with other important growth measures. BYDDF has great potential according to the articles I read and seems like a safer choice but NIO on the other hand is more risky but i'm assuming a higher profit from investing if it goes up like the way it has been in the past few weeks. While companies like NIO and Tesla get most of the attention, and therefore stretched valuations, BYD looks like a good stock to have in the portfolio. Besides electric cars, BYDs other products include electric bikes, rechargeable batteries, and solar panels. 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. If BYD were to keep that rate throughout the remainder of the year, they would sell 220,000 EVs in 2021, but due to the Chinese New Year in Q1 and planned production growth, that is likely a conservative estimate, and it seems reasonable to assume that BYD will actually sell more than 220,000 EVs this year. The 13 million miles saved over 16,000 metric tons of GHG emissionsequivalent to removing 13,000 cars from the road. BYD is a Chinese EV maker that's backed by billionaire investor Warren Buffett. The (Q1) EPS Estimate Monthly Change calculates the percentage change in the consensus earnings estimate for the current quarter (Q1) over the last 4 weeks. 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. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. 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. China wants to increase technological self-reliance and reduce emissions; BYD already sets a perfect example of how to do both, and will continue to be key in helping the country hit its bold clean energy targets. While earnings are the driving metric behind stock prices, there wouldn't be any earnings to calculate if there weren't any sales to begin with. Both Li Auto and XPeng listed in 2020 only and delivered stellar returns. Valuations aren't low, but they are way more reasonable compared to most other EV stocks. These returns cover a period from January 1, 1988 through April 3, 2023. This is also referred to as the cash yield. 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. I have no business relationship with any company whose stock is mentioned in this article. Notably, Buffett is invested in the company since 2008 despite the fact that EV stocks dont exactly fit into his definition of value stocks. BYDDF is up 398% YTD, and 37% since my article last month. Copyright 2023 Market Realist. A positive change in the cash flow is desired and shows that more 'cash' is coming in than 'cash' going out. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It's calculated as earnings divided by price. It is certainly possible the U.S. will call on BYD for more than just electric buses in the future. Many investors prefer EV to just Market Cap as a better way to determine the value of a company. Net Margin is defined as net income divided by sales. 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. Market Realist is a registered trademark. Site design / logo 2023 Stack Exchange Inc; user contributions licensed under CC BY-SA. Investors who discover that Buffett has a significant stake in BYD stock often wonder whether the company pays a dividend. People may receive compensation for some links to products and services on this website. According to Tipranks, Jonathan is among the top 0.5% of bloggers (as of January 10, 2022: https://www.tipranks.com/bloggers/jonathan-weber). 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. BYD reminds me way more of a chinese Tesla than NIO because BYD also . BYDDF stock is down 2.2% as of Thursday morning. 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 Cash/Price ratio is calculated as cash and marketable securities per share divided by the stock price. A lot of people make that mistake. It operates through the following segments: Rechargeable Batteries and. Due to growth tailwinds for the battery industry as a whole, stemming from growing kWH per EV (to increase range) and from a rising number of overall EV sales, battery manufacturing is a business that should see strong growth for many years. 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. BYD is thus, with relatively comparable offerings, taking market share versus Tesla. I am not receiving compensation for it (other than from Seeking Alpha). You may need to check with your broker to see if they also support the BYDDF stock version of BYD. Offers may be subject to change without notice. BYD stock is now down 37 percent from its 52-week highs amid the sell-off in all green energy stocks. BYD has four factories in China with a production capacity of 1.5 million vehicles per year. 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. The portfolio's price can fluctuate, but the income stream remains consistent. A small portion of the firm's top line comes from the sale of rechargeable batteries. We use cookies to understand how you use our site and to improve your experience. 3. In fact, BYD's Tang and Han models can be described as premium cars that sell for similar prices as do Tesla's offerings. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. 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. That's all I can contribute The VGM score is based on the trading styles of Growth, VAlue, and Momentum. Still, though, they only make cars. Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. California ordered $1 billion worth of N95 masks from BYD. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. Why would a stock opening price differ from the offering price? China is a leading EV market, and it looks like Chinese players will have it easier in their home market compared to foreign companies. 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. 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. I have no business relationship with any company whose stock is mentioned in this article. Does a password policy with a restriction of repeated characters increase security? Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. [9] It was founded by Wang Chuanfu in February 1995. 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 wasnt the right time, nor the right market. It also operates in North America via its U.S. headquarters in Los Angeles, Calif. Historical EPS Growth Rate looks at the average annual (trailing 12 months) EPS growth rate over the last 3-5 years of actual earnings. I want to note that I do not believe that BYD should be valued at $200+ billion. Making statements based on opinion; back them up with references or personal experience. BYD ( OTCPK:BYDDF, OTCPK:BYDDY) released its third quarter earnings, where net income was up 781% Y/Y and EPS up 3,000% Y/Y. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. A higher number is better than a lower one as it shows how effective a company is at generating revenue from its assets. stocks. 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. If you want to reach out, you can send a direct message here on Seeking Alpha, or an email to jonathandavidweber@gmail.com. It is essentially the inverse of the P/E ratio. If u haven't caught an eye on the stock yet this is just a reminder . This was likely driven by a combination of ultra-loose monetary policy, growing adoption of EVs, and the fact that there was a large wave of new investors joining the market, many of them young and interested in potentially "disruptive" technologies. When you take a step back, though, the most important part of the company is that BYD makes the batteries for all of its vehicles, which no other automaker does. How does BYDDF differ from BYDDY? BYD already has a presence in the U.S., with its North American headquarters located in Los Angeles. 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. Please. Its also worth pointing out that BYDs cars have been doing well in its home country. How to interpret option trades in a stock pending buyout. 1. which of the two Buffett owns, 2. if it matters which one you might buy (as I said they have always moved in lock step, so it would seem if Buffett hit a home run on the one he owns, the owners of the other would do just fine too. EV play Hi folks. Bidens plan to catch up to China in tackling climate change is the opposite of what weve seen under President Trump. 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 this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). Seeking Alpha's Disclosure: Past performance is no guarantee of future results. BYD, NIO, and Xpeng are looking to break into the European market after finding success in China. Members of Best Short Ideas get exclusive ideas and guidance to navigate any climate. Not everything is extremely expensive, however. Li Auto delivered 12,759 vehicles in the first quarter while XPeng delivered 5,102 vehicles in March which took its Q1 2021 deliveries to 13,340. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. During the first quarter, the company sold 55,000 New Energy Vehicles, or NEVs, with 53,000 of those being plug-in EVs. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. First, BYDDF and BYDDY are versions of BYD stock. This has been, still is, and certainly will continue to be what differentiates BYD the most. BYDDF stock versus 50 and 200-day moving average. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. I have no business relationship with any company whose stock is mentioned in this article. BYD has the cheapest EV battery in the industry, and it plans to sell its newest batteryBlade Batteryto other automakers. I have no business relationship with any company whose stock is mentioned in this article. In 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. On the date of publication, William White. byddf vs byddy What's the difference in the two tickers? I see the most upside for BYDDF, but all three Chinese EV stocks are only in the second inning. Am I exposed to currency risk when I invest in shares of a foreign company that are listed domestically? Using this item along with the 'Current Cash Flow Growth Rate' (in the Growth category above), and the 'Price to Cash Flow ratio' (several items above in this same Value category), will give you a well-rounded indication of the amount of cash they are generating, the rate of their cash flow growth, and the stock price relative to its cash flow. I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. 4 11 11 comments Best Add a Comment repagator8 2 yr. ago They're both good. 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! If a stock's EPS consensus estimate is $1.10 now vs. $1.00 the week before, that will be reflected as a 10% change. its investment since opening a stake in the company back in 2008. How does the broker benefit from shorting stock? Could a subterranean river or aquifer generate enough continuous momentum to power a waterwheel for the purpose of producing electricity? Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. I wrote this article myself, and it expresses my own opinions. However, from a valuation perspective, BYD is the cheapest as compared to NIO, XPeng, as well as Li Motors. For one, part of trading is being able to get in and out of a stock easily. Considering this, we believe that BYD is one of the most attractive EV companies on the market right now and purchasing its stock is a good way of exposing your portfolio to the EV industry. If you wish to go to ZacksTrade, click OK. The company made its latest dividend payment in September 2020 and distributed $0.0169 per share. Once again, cash flow is net income plus depreciation and other non-cash charges. Summary. 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. Electric buses have higher upfront costs than non-electric buses, but their total cost of ownership makes them significantly cheaper to operate. The other. Offers may be subject to change without notice. It's also commonly referred to as a 'liquidity ratio'. Copyright 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. A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. The scores are based on the trading styles of Value, Growth, and Momentum. If the P/S ratio is 1, that means you're paying $1 for every $1 of sales the company makes. The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. and our A 'good' number would usually fall within the range of 1.5 to 3. 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. This longer-term historical perspective lets the user see how a company has grown over time. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. 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. This has been, still is, and certainly will continue to be what differentiates BYD the most. That is a 33% cost reduction from battery and IGBT costs alone for BYD compared to the best-selling EV model in the world. Should you buy BYDDF stock now. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain. 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. 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. For Chinas EVs, low-cost no longer means low-quality. Theres also a huge global market. Did the drapes in old theatres actually say "ASBESTOS" on them? It's packed with all of the company's key stats and salient decision making information. Capricorn Weekly Horoscope Susan Miller, Articles W