BYDDF | BYD Co. Ltd. Stock Price & News - WSJ But, typically, an aggressive growth trader will be interested in the higher growth rates. 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. The analyzed items go beyond simple trend analysis. 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 Current Ratio is defined as current assets divided by current liabilities. Byddf stocks are those that are held by the government, while byddy stocks are those that are held by the private sector. Please. The worldwide electric vehicle market is on track to reach $803 billion in 2027 from $162 billion in 2019. By clicking Post Your Answer, you agree to our terms of service, privacy policy and cookie policy. 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. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. So, as with other valuation metrics, it's a good idea to compare it to its relevant industry. 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. (Book value is defined as total assets minus liabilities, preferred stocks, and intangible assets.) 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. In 2020, EV stocks around the globe have jumped upwards, delivering hefty returns for shareholders. I wrote this article myself, and it expresses my own opinions. First, BYDDF and BYDDY are versions of BYD stock. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. As states and municipalities become more environmentally conscious and frugal, they are starting to buy electric buses to reduce their carbon footprint. Now Berkshire's stake is worth well over $5 billion and BYD is in the top 10 largest holdings of the fund to date. Electric vehicles are here to stay; no longer is that disputed. What's the difference between Byddf and Byddy? E-buses, for example, are a viable alternative to ICE-powered buses, as low average speed and travel range means that range considerations are not a major issue for the electricity-powered versions. Years ago, BYD saw the future, and built it; now, everyone else is playing catch-up. BYD figured this out almost two decades ago. rev2023.5.1.43405. BYD, of course, also sells its own passenger EVs that compete with the offerings of NIO, Tesla, etc. BYDs major advantage is that its already one of the most dominant companies in the EV industry in China, which is also the biggest EV market in the world. The policy also advocates for improvements in EV components, more funding for efficient charging and battery swapping networks, and a better green car quota system to help OEMs transition to NEVs. A D/E ratio of 2 might be par for the course in one industry, while 0.50 would be considered normal for another. A company like BYD comes once in a blue moon. I am not receiving compensation for it (other than from Seeking Alpha). And margin rates can vary significantly across these different groups. byddf vs byddy What's the difference in the two tickers? 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. By clicking Accept all cookies, you agree Stack Exchange can store cookies on your device and disclose information in accordance with our Cookie Policy. 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. 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. Still, compared to many of the EV pure-plays, BYD looks like an absolute bargain. Buffett owns a 25 percent stake in BYD stock through his company Berkshire Hathaway. NIO has allocated many staff members for its export business unit, aiming to sell 7,000 ES8 and ES6 SUVs in Europe within two years. Many online brokers including Robinhood, eToro, Charles Schwab, and Fidelity support trading in BYDs BYDDY stock. Our testing substantiates this with the optimum range for price performance between 0-20. Please disable your ad-blocker and refresh. The BYD Company stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Most brokers let you trade in OTC stocks and you. 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. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. Ford. A strong cash flow is important for covering interest payments, particularly for highly leveraged companies. As they say, 'price follows volume'. 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. Buffett appears to think that BYD has brighter prospects than rival Tesla. A change in margin can reflect either a change in business conditions, or a company's cost controls, or both. 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. Cash Flow is a measurement of a company's health. Start your free two-week trial today! How are stocks traded on multiple exchanges. Reddit and its partners use cookies and similar technologies to provide you with a better experience. On top of that, battery manufacturing is not only tied to personal EVs, but BYD can also supply its batteries to manufacturers of commercial vehicles - e.g., electricity-powered busses or trucks. In addition, another advantage of BYD is that it's a battery producer as well and it not only manufactures batteries for its own EVs but also sells them to other OEMs as well. This item is updated at 9 pm EST each day. 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. BYD soared more than 5%, another record high The stock has risen by more than 60% since September, & its total market value has exceeded 370 billion. 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. Earnings estimate revisions are the most important factor influencing stocks prices. This allows the investor to be as broad or as specific as they want to be when selecting stocks. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. 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. This may be the first time this has been said publicly, but years ago, BYD toyed with the idea of bringing its passenger EVs/PHEVs to the U.S. market, but ultimately scrapped the plan. a decent size positon.". 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. The EV/EBITDA ratio is a valuation multiple and is often used in addition, or as an alternative, to the P/E ratio. The X Industry (aka Expanded Industry) is a subset of the M (Medium Sized) Industry, which is a subset of the larger Sector category, which is used to classify all of the stocks in the Zacks Universe. What is difference between Byddf and BYDDY? Value Style - Learn more about the Value Style. 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. Would My Planets Blue Sun Kill Earth-Life? 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. 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. Should you buy BYDDF stock now? Analysts Disclosure: I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. Instead, I want to point out that there is a clear disconnect between how the market values BYD compared to most other EV companies. It outsold NIO, XPeng, as well as Li Auto in March as well as the first quarter of 2021. The 13 million miles saved over 16,000 metric tons of GHG emissionsequivalent to removing 13,000 cars from the road. They could grow their IR team and make the company a better-known EV company, and I assume that they will do so over the years, although not necessarily in the very near term. BYDDF, XPEV, and NIO have recently taken the reins from TSLA. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. The 52 week price change is a good reference point. BYD is a Chinese manufacturing company founded in 1995 and based out of Shenzhen, Guangdong. It develops mostly full-electric and hybrid vehicles such as traditional sedans, SUVs, busses, forklifts, and even trains. Should I buy Byd Co. (BYDDY) - Zacks Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. This is useful for obvious reasons, but can also put the current day's intraday gains into better context by knowing if the recently completed trading day was up or down. The Han sedan can go nearly 376 miles on a single charge. A ratio of 2 means its assets are twice that of its liabilities. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). BYDDF is traded on Hong Kong Stock Exchange" Where did that quote come from? Did the drapes in old theatres actually say "ASBESTOS" on them? Considering that there's currently a shortage of batteries, BYD will likely be able to improve the performance of its battery business in Q2, as very few automakers have the possibility of producing batteries in-house. Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. Stack Exchange network consists of 181 Q&A communities including Stack Overflow, the largest, most trusted online community for developers to learn, share their knowledge, and build their careers. The Daily Price Change displays the day's percentage price change using the most recently completed close. a decent size positon." When "I viewed all holdings" on ARKQ, I see BYDDY listed as UNsponsored. Electric buses have higher upfront costs than non-electric buses, but their total cost of ownership makes them significantly cheaper to operate. Enterprise Value (EV) is Market Capitalization + Debt - Cash. IGBTs are expensive, and not many companies produce them, though the global market for IGBTs is currently ~$1.5B, and is expected to quadruple in the next five years. Cash Flow is net income plus depreciation and other non-cash charges. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. In this example, we are using the consensus earnings estimate for the Current Fiscal Year (F1). 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. Value investors will typically look for stocks with P/E ratios under 20, while growth investors and momentum investors are often willing to pay much more. For one, part of trading is being able to get in and out of a stock easily. BYD isnt the only Chinese EV maker eyeing the European market. If you look into trading profiles, they're are just replicas of each other with same trading volume,buy/sell signals etc. However, not having a direct presence in the US capital markets is also a good thing for BYD. The Value Scorecard table also displays the values for its respective Industry along with the values and Value Score of its three closest peers. I wrote this article myself, and it expresses my own opinions. It's packed with all of the company's key stats and salient decision making information. In 2018, California approved a ban on diesel bus sales by 2029, and committed to a 100% zero emissions fleet by 2040. Visit www.zacksdata.com to get our data and content for your mobile app or website. I am not receiving compensation for it (other than from Seeking Alpha). 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. 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. I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. Cash Flow per share ($/share) calculates the amount of incoming cash vs. the amount of outgoing cash for a company. 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. What is the symbol (which looks similar to an equals sign) called? If you have an ad-blocker enabled you may be blocked from proceeding. 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. The car sells for 229,800279,500 yuan a discount price compared to what Teslas Model 3 costs. 1. Nevertheless, foreign investors still can invest in the company by purchasing its shares via an OTC market and benefiting from the possible appreciation of its stock, as there's every reason to believe that the sales of its electric vehicles in China will only increase in the following decade. Zacks Rank Education -- Learn more about the Zacks Rank Nasdaq All Rights Reserved. A rising stock on above average volume is typically a bullish sign whereas a declining stock on above average volume is typically bearish. Like earnings, a higher growth rate is better than a lower growth rate. This could, I believe, be due to the fact that the company isn't well-known among retail investors. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Once again, cash flow is net income plus depreciation and other non-cash charges. 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. The Investment Community where "Cash Flow is King". Both Li Auto and XPeng listed in 2020 only and delivered stellar returns. 3. have any clue as to why the stocks have performed so poorly lately (worse than the markets in general). What causes stock price to differ from the real time data? Hi guys,in this video I want to clarify the question what the difference between the two BYD tickers BYDDF and BYDDY is. I have no business relationship with any company whose stock is mentioned in this article. 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. In short, this is how much a company is worth. There's room for the stock to keep climbing. BYD expects battery production capacity will reach 65 GWh by the end of this year, 75 GWh in 2021, and 100 GWh in 2022. What's the difference between Byddf and Byddy? It's calculated as earnings divided by price. The scores are based on the trading styles of Value, Growth, and Momentum. How does the broker benefit from shorting stock? This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. 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. I don't understand this forum post - "BYDDY is a sponsored ADR. We believe purchasing BYDs stock is a good way of exposing your portfolio to the EV industry. With 12 weeks representing a meaningful part of a year, this time period will show whether a stock has been enjoying strong investor demand, or if it's in consolidation, or distress. A higher number means the company has more debt to equity, whereas a lower number means it has less debt to equity. U.S. consumers may soon be begging for BYD cars, as well as EVs from NIO and Xpeng; all three Chinese EV stocks are only in the second inning. I am not receiving compensation for it (other than from Seeking Alpha). BYD (OTCMKTS:BYDDF) stock is on the move today despite a lack of news concerning the electric vehicle (EV) company. The company operates in the automotive business through its subsidiary, BYD Auto. I have been following BYD since 2009, and first met with BYD at its headquarters in Shenzhen, China over five years ago. The faith Warren Buffett has put in the company is another stamp of approval for investors. Why is there almost no mention of BYDDY in this sub? : r/stocks - Reddit 3. Chinese EV stocks including BYDDF, NIO, XPeng Motors, and Li Auto are popular among U.S. investors. A value under 20 is generally considered good. None of the other automakers produce their own batteries (have I mentioned that? A Biden presidency will undoubtedly accelerate the transition to EVs and renewable energy in the U.S., and may open the door for Chinese NEV companies to play a role in that transition. These are, however, issues that could be dealt with if management wants to. Copyright BYD North America supplies buses to over 50 customers in the U.S. alone, with over 400 buses on U.S. streets (more than any other electric bus). BYD's recent Q3 earnings were strong; and a Biden America and China's latest Five-Year Plan will only benefit EVs. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. A Look At 6 ETFs That Cover The Electric Vehicles Trend BYDDF is seeing heavier trading than normal today. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Why does Rolls Royce have 4 separate tickers, on OTC Markets? Find out the difference between two stocks of the same company (how to identify ADRs, etc) 0. 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. 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. 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. The 52 Week Price Change displays the percentage price change over the most recently completed 52 weeks (260 trading days). Also, I anticipate BYD will introduce a battery leasing program within the next year. 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. Both tickers are for same company BYD, a Chinese EV company, known for being invested in by Warren Buffett. Projected EPS Growth looks at the estimated growth rate for one year. The main difference between byddf and byddy stocks is that byddf stocks are considered to be more reliable. Many other growth items are considered as well. Ticker 'BYD' is Boyd Gaminga casino/hotel company. Zacks Style Scores Education - Learn more about the Zacks Style Scores. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure.