As for BYD last month, it sold 87% of e-buses in China, and it has already sold nearly twice as many e-buses in China this year since the same period last year. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. BYDDF is seeing heavier trading than normal today. BYD stock is now down 37 percent from its 52-week highs amid the sell-off in all green energy stocks. It only takes a minute to sign up. It saw an opportunity in electric cars amid the push to curb climate change and jumped on it. The tested combination of price performance, and earnings momentum (both actual and estimate revisions), creates a powerful timeliness indicator to help you identify stocks on the move so you know when to get in and when to get out. It's also commonly referred to as a 'liquidity ratio'. Looking at the company's sales performance on a year-over-year basis, we see that BYD has grown its EV deliveries by about 150% between Q1 2020 and Q1 2021. Seeing how a company makes use of its equity, and the return generated on it, is an important measure to look at. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Investors use this metric to determine how a company's stock price stacks up to its intrinsic value. BYD also trades at a relatively low valuation, at least compared to EV pureplay peers, although BYD still trades at a premium to legacy autos. Electric buses have higher upfront costs than non-electric buses, but their total cost of ownership makes them significantly cheaper to operate. 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 those days (2015-2017), BYD spent $1M on Leonardo DiCaprio to make a few commercials, and even ran an ad in Times Square. 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. 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. How to force Unity Editor/TestRunner to run at full speed when in background? Please disable your ad-blocker and refresh. Joe Biden has since been elected President, which could benefit. I am not receiving compensation for it (other than from Seeking Alpha). While the F1 consensus estimate and revision is a key driver of stock prices, the Q1 consensus is an important item as well, especially over the short-term, and particularly as a stock approaches its earnings date. Joe Biden has since been elected President, which could benefit Chinese EV companies as well as make the U.S. an attractive market for Chinese EV OEMs. I am not receiving compensation for it (other than from Seeking Alpha). 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. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Most importantly, though, was the outline of Chinas ambitious Five-Year Plan released last week, in which domestic production of NEVs and technology is central to Chinas economic plans over the next five and 15 years. BYD has been waiting years for the markets to accept EVs as commonplace. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. The 4 week price change is a good reference point for the individual stock and how it's performed in relation to its peers. I have no business relationship with any company whose stock is mentioned in this article. According to Tipranks, Jonathan is among the top 0.5% of bloggers (as of January 10, 2022: https://www.tipranks.com/bloggers/jonathan-weber). No recommendation or advice is being given as to whether any investment is suitable for a particular investor. 5. How can investors buy BYD stock and what can they expect? Ideally, an investor would like to see a positive EPS change percentage in all periods, i.e., 1 week, 4 weeks, and 12 weeks. This item is updated at 9 pm EST each day. What is difference between Byddf and BYDDY? Break even point for HDHP plan vs being uninsured? I wrote this article myself, and it expresses my own opinions. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.comPublishing Guidelines. Like the P/E ratio, a lower number is considered better. This is a medium-term price change metric. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Many other growth items are considered as well. 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. The main difference between byddf and byddy stocks is that byddf stocks are considered to be more reliable. As a point of reference, over the last 10 years, the median sales growth for the stocks in the S&P 500 was 14%. How does the broker benefit from shorting stock? A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its annual earnings. Summary. 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. stocks. Would My Planets Blue Sun Kill Earth-Life? Thats well above the companys daily average trading volume of roughly 136,000 shares. We use cookies to understand how you use our site and to improve your experience. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. The X Industry values displayed in this column are the median values for all of the stocks within their respective industry. 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. Both NIO and BYD have attractive offerings on the . Both are traded Over the Counter (OTC). It operates through the following segments: Rechargeable Batteries and. Enterprise Value (EV) is Market Capitalization + Debt - Cash. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. BYDDF stock is down 2.2% as of Thursday morning. Is this happening to you frequently? A small portion of the firm's top line comes from the sale of rechargeable batteries. We estimate commercial NEV sales will grow by 628% over that same period. This has some 573,000 shares on the move as of this writing. I have no business relationship with any company whose stock is mentioned in this article. 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. ROE values, like other values, can vary significantly from one industry to another. As China targets to become carbon neutral by 2060 and recently began to offer additional subsidies for the purchase of electric vehicles, it's safe to assume that the growth of the overall EV industry is only going to accelerate in the following years. So the PEG ratio tells you what you're paying for each unit of earnings growth. 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. 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 April, BYD reported stunning earnings results for Q1. The Historical Cash Flow Growth is the longer-term (3-5 year annualized) growth rate of the cash flow change. 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 . If you have questions feel free to ask them via direct messaging or through the comment section. 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. Buffet owns the stock and its a really really popular stock to own in germany . Entering text into the input field will update the search result below. 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. While the hover-quote on Zacks.com, as well as the various tables, displays the delayed intraday quote and price change, this display shows the daily change as of the most recently completed trading day. The median P/B ratio for stocks in the S&P is just over 3. BYDDF stock trades at an NTM enterprise value to EBITDA multiple of 23.04x which looks reasonable considering the bloated valuations of other pure-play EV companies. [9] It was founded by Wang Chuanfu in February 1995. The company operates in the automotive business through its subsidiary, BYD Auto. They both trade in OTC markets in the U.S. I have no business relationship with any company whose stock is mentioned in this article. Haven't seen a single frontpage post including BYD so far, EDIT : Apparently in the US Market the company is found as BYDDF, EDIT2: There also exists a stock named BYDDY idk the difference between BYDDF and BYDDY tho. Making statements based on opinion; back them up with references or personal experience. The faith Warren Buffett has put in the company is another stamp of approval for investors. If we narrow that down to the month of September, then five of BYDs cars make it into the top 15 on the list. 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. 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. Conversely, if the yield on stocks is higher than the 10 Yr., then stocks would be considered undervalued. Once again, cash flow is net income plus depreciation and other non-cash charges. For example, a cash/price ratio, or cash yield, of .08 suggests an 8% return or 8 cents for every $1 of investment. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. BYDDF is up 398% YTD, and 37% since my article last month. Since last months article, the CCP has announced the summary of the 14th Five-Year Plan, and the message is clear: China wants to be self-reliant when it comes to technological innovation, and green technology is the focus. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Am I exposed to currency risk when I invest in shares of a foreign company that are listed domestically? I wrote this article myself, and it expresses my own opinions. Strong vehicle sales should continue to attract more investors to BYD, which stands out as one of the more established Chinese electric vehicle companies. Within the VGM Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, 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 srocks with the highest probability of success. BYD also diversified into making face masks when the COVID-19 pandemic started. Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. Since my Seeking Alpha article BYD: Step Aside, Tesla last month, a lot has changed that will only add to BYDs bright future ahead. 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. Market Realist is a registered trademark. Xpeng is also looking to dip its toes into the cold waters of the Norwegian fjords. 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. But they all have their place in the Growth style. BYD Co., Ltd. engages in the research, development, manufacture, and sale of rechargeable batteries and photovoltaic business. The Price to Sales ratio or P/S is calculated as price divided by sales. 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. 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. This is a medium-term price change metric (like the 4 week price change). 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. And if you are looking for a BYD vs. Tesla (TSLA) comparison, read that article first. This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. A company like BYD comes once in a blue moon. All Rights Reserved. Looking at the "Followers" the stock has here on Seeking Alpha, about 12,000, we see that the company is much less followed compared to the likes of NIO (173,000), XPeng (XPEV) (44,000), or even Nikola (NKLA) (53,000). Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure. A P/B of 2 means it's selling at 2 times its book value. The 4 Week Price Change displays the percentage price change for the most recently completed 4 weeks (20 trading days). The company made its latest dividend payment in September 2020 and distributed $0.0169 per share. BYD saw its shares rise as well, but not to the same degree as Tesla, NIO, and many others. Episode about a group who book passage on a space ship controlled by an AI, who turns out to be a human who can't leave his ship? People tend to use electric vehicles to mean electric cars, which they certainly are, but passenger vehicles are only a portion of electric vehicles. The analyzed items go beyond simple trend analysis. 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. BYD is not only selling batteries to commercial vehicle producers, but is also designing and manufacturing its own products. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). Please disable your ad-blocker and refresh. I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. It's an integral part of the Zacks Rank and a critical part in effective stock evaluation. . Now that it has, BYD is right where it wants to be. Share. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. 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. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). This is a necessary trajectory if China wants to meet its goal of carbon neutrality by 2060. 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. 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. 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. The time has come. It outsold NIO, XPeng, as well as Li Auto in March as well as the first quarter of 2021. After all, BYD has ambitious goals of becoming a global leader in EV technologies and growing its sales to $100+ billion over the next couple of years, and it would only be reasonable to then also upgrade investor communication. Analysts Disclosure: I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. View the latest BYD Co. Ltd. (BYDDF) stock price, news, historical charts, analyst ratings and financial information from WSJ. Gross margins jumped from 13.9% to 22.3% in the third quarter (60% Q/Q). LKQ Q1 Earnings & Sales Beats Estimates, Sales Remain Flat Y/Y, Autoliv (ALV) Q1 Earnings & Sales Top Estimates, Rise Y/Y. BYD Auto was founded. did not have (either directly or indirectly) any positions in the securities mentioned in this article. Zacks Rank Education -- Learn more about the Zacks Rank Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. The other. BYD's recent Q3 earnings were strong; and a Biden America and China's latest Five-Year Plan will only benefit EVs. ""BYDDY is a sponsored ADR. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score. If you have an ad-blocker enabled you may be blocked from proceeding. One of the major investors of BYD is Warren Buffetts Berkshire Hathaway, which holds an 8.2% stake in the company that was purchased back in 2008 for $232 million. The monthly returns are then compounded to arrive at the annual return. 3. Cash Flow is net income plus depreciation and other non-cash charges. They were Tesla , BYD Co. (OTCPK:BYDDY) (OTCPK:BYDDF), NIO Ltd. , Renault , and Fisker Inc. . You can get up to speed on that news by checking out the links below! It sold a total of 16,301 battery-powered EVs in the month. But note, different industries have different margin rates that are considered good. None of the other automakers produce their own batteries (have I mentioned that? Copyright Partnerships have been formed with Norwegian importers, and BYD plans to expand to other Western European markets as NEV market share continues to rise. Its also worth pointing out that BYDs cars have been doing well in its home country. The 13 million miles saved over 16,000 metric tons of GHG emissionsequivalent to removing 13,000 cars from the road. 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. Learn more about Zacks Equity Research reports. What does 'They're at four. If you have an ad-blocker enabled you may be blocked from proceeding. That said, the company is a strong player in the Chinese EV market. I am told BYD will make things easier/clearer when it spins off its battery unit and IGBT semiconductor unit, though if they only list on STAR, HK, SZ, Shanghai, and not in U.S./OTC (which is the new retaliatory trend for Chinese companies), it will be difficult for many U.S. investors to own the spin-offs. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. First, BYDDF and BYDDY are versions of BYD stock. Shareholder Equity (which is the difference between Total Assets and Total Liabilities) can be found on the Balance Sheet. 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. IGBTs (insulated gate bipolar transistors) are considered the CPU of an EV, as they switch power supplies to reduce power loss and improve reliability. Enterprise Value / Earnings Before Interest, Taxes, Depreciation and Amortization is a valuation metric used to measure a company's value and is helpful in comparing one stock to another. 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. [10] The company has two major subsidiaries, BYD Auto and BYD Electronic. This could, I believe, be due to the fact that the company isn't well-known among retail investors. Years ago, BYD saw the future, and built it; now, everyone else is playing catch-up. If you wish to go to ZacksTrade, click OK. One of the major investors of BYD is. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. This allows the investor to be as broad or as specific as they want to be when selecting stocks. 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. On top of that, BYD is not releasing 10-Q/Ks in the US, so it is hard to get information on the stock, and some investors may also avoid the stock as they fear potential governance issues. This is in addition to its 14 variants of electric passenger vehicles. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform.
what is the difference between byddf and byddy