Conventional wisdom also has it that if the yield on the stock market (S&P 500 for example) is lower that the yield on the 10 Yr., then stocks would be considered overvalued. I don't understand this forum post "BYDDY is a sponsored ADR. It is used to help gauge a company's financial health. That's all I can contribute That said, the company is a strong player in the Chinese EV market. This item is updated at 9 pm EST each day. 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. I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. 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. 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. I have no business relationship with any company whose stock is mentioned in this article. Some BYD employees joke that I know the company better than they. For example, a P/S ratio of 0.5 means you're paying 50 cents for every $1 of sales the company makes. Would My Planets Blue Sun Kill Earth-Life? All of those stocks are classified into three groups: Sector, M Industry and X Industry. The 1 week price change reflects the collective buying and selling sentiment over the short-term. 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. Cash flow itself is an important item on the income statement. The price of "BYDDY" appears to always be twice the price of "BYDDF". Add in BYD's promising commercial EV business and its growing battery manufacturing business, and BYD could be valued at several hundred billion dollars. 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. While our testing has found that a P/S ratio of <2 is the optimum range for returns, be sure to compare this ratio to its respective industry. These are, however, issues that could be dealt with if management wants to. Once again, cash flow is net income plus depreciation and other non-cash charges. The policy roadmap specifically emphasizes Chinas targets for NEVs; it now expects NEVs to make up 20% of new vehicle sales by 2025, and more than half of sales by 2035NEVs make up only 5% of new sales today. ""BYDDY is a sponsored ADR. You can buy any of the stock versions because they represent the same company. You can get up to speed on that news by checking out the links below! Why is NO ONE talking about BYD here. 'BYDDY vs BYDDF'. What's the difference? EV play : r/stocks - Reddit This will have them working together to create an EV similar to the Toyota Corolla. Since my Seeking Alpha article BYD: Step Aside, Tesla last month, a lot has changed that will only add to BYDs bright future ahead. Byddf and Byddy are both a contraction of "By Dear Foe , and both refer to the inventor's name, James B. Ford. Chinese EV companies have been waiting for their chance to enter the U.S. market, and with a new president who embraces EVs and acknowledges Chinas technological success, their time may be here. When did Buffett buy Byddf? 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. "BYDDY is a sponsored ADR. 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! I am not receiving compensation for it (other than from Seeking Alpha). Did the drapes in old theatres actually say "ASBESTOS" on them? 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. The 20 day average establishes this baseline. What is difference between Byddf and BYDDY? Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Moreover, the company also has its hand in other areas of tech including batteries and solar panels.. Offers may be subject to change without notice. BYD is a lesser-known EV company, even though it is a major player in different markets. Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. BYD is a Chinese manufacturing company founded in 1995 and based out of Shenzhen, Guangdong. ", "ARKQ (ETF) is holding BYD/BYDDF. None of the other automakers produce their own batteries (have I mentioned that? Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank. And, of course, the 4 week change helps put the 1 week change into context. Seeing a stock's EPS change over 1 week is important. In short, this is how much a company is worth. Now Berkshire's stake is worth well over $5 billion and BYD is in the top 10 largest holdings of the fund to date. 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. There's room for the stock to keep climbing. 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. Founded in 1995, BYD started as an electronics company, but more than a decade ago pivoted to the manufacturing of electric vehicles and is currently one of the pioneers of the EV industry in China. I have been following BYD since 2009, and first met with BYD at its headquarters in Shenzhen, China over five years ago. This is also referred to as the cash yield. This is a medium-term price change metric (like the 4 week price change). BYD Company: 10 Things to Know About the Chinese EV Stock The Five-Year Plan stresses the role of commercial NEVs in meeting the 20% of new total sales. Connect and share knowledge within a single location that is structured and easy to search. We use cookies to understand how you use our site and to improve your experience. Current Cash Flow Growth measures the percent change in the year over year Cash Flow. 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. 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 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 . NYSE and AMEX data is at least 20 minutes delayed. It's packed with all of the company's key stats and salient decision making information. Why would a stock opening price differ from the offering price? BYD Company is a China-based vehicle maker that mainly focuses on manufacturing automobiles. Lets take a look at what investors interested in BYDDF stock need to know about the company. Is Byddf stock overvalued? - True goodie 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. 'BYDDY vs BYDDF'. BYD has the cheapest EV battery in the industry, and it plans to sell its newest batteryBlade Batteryto other automakers. 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. Joe Biden has since been elected President, which could benefit. 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. Nasdaq For Chinas EVs, low-cost no longer means low-quality. 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. Besides electric cars, BYDs other products include electric bikes, rechargeable batteries, and solar panels. ), providing every U.S. city with a population of at least 100,000 with zero-emissions public transportation, rebuilding infrastructure to be more energy efficient and able to withstand the effects of climate change, banning new oil and gas permitting on public lands and water, and establishing programs to develop renewables on those lands and waters (aiming to double offshore wind by 2030). Please disable your ad-blocker and refresh. The most common way this ratio is used is to compare it to other stocks and to compare it to the 10 Year T-Bill. Within the Finance Sector, it would fall into the M Industry of Banks & Thrifts. Entering text into the input field will update the search result below, ) 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 (, ) as one of its top shareholders. It shipped its first 100 cars to Norway in September as a trial run. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Buffett is known for his value investing strategy. 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. Blade and in-house IGBT didnt really ramp until Q3 2020, for which BYD released results last week. Why does Rolls Royce have 4 separate tickers, on OTC Markets? 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. Why is NO ONE talking about BYD here : r/stocks - Reddit 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. BYDDF is traded on Hong Kong Stock Exchange" Where did that quote come from? Why does Rolls Royce have 4 separate tickers, on OTC Markets? BYDDF is traded on Hong Kong Stock Exchange. How good is it? BYDDF is up 398% YTD, and 37% since my article last month. Beyond China, BYD has bus factories in Brazil, Canada, the U.S., and Europe. If you liked our writing style and our view on the market dont forget to subscribe. BYDDF stock versus 50 and 200-day moving average. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. BYD is on track to produce 415k vehicles across all powertrains and vehicle types. 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. 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. If the null hypothesis is never really true, is there a point to using a statistical test without a priori power analysis? 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. 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. While a Biden Administration is certainly good news for the future of the U.S., it will still be far behind China in terms of addressing climate change. The 20 Day Average Volume is the average daily trading volume over the last 20 trading days. During the three months, its revenues increased by 108.31% Y/Y to 41 billion yuan ($6.32 billion), while its net profit increased by 110.7% Y/Y to 237.4 million yuan ($36.5 million). Momentum Style - Learn more about the Momentum Style. Commercial electric vehicles don't get a lot of attention, but there is a lot of potential for disrupting that industry eventually. Unbeknownst to many, BYD is one of the top passenger EV manufacturers in the world. 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. 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. 1. 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 . Also, I anticipate BYD will introduce a battery leasing program within the next year. Among EV stocks, it seems like one of the better investments from a risk/reward perspective for sure. On top of that, while there are certain risks with investing in the Chinese companies, BYD has a proven track record of creating shareholder value for more than a decade and one of its major shareholders is Warren Buffett's Berkshire Hathaway (. 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. BYDDY | BYD Co. Ltd. ADR Stock Overview (U.S.: OTC) | Barron's ROE values, like other values, can vary significantly from one industry to another. First, BYD is a battery producer that does not only use the batteries it manufactures for its own EVs, but also sells batteries to other OEMs on top of that. GDC Stock Alert: Why Is GD Culture Group Up 700% Today? As for the risks, we see only a couple of them. Since cash can't be manipulated like earnings can, it's a preferred metric for analysts. China and Europe collectively account for 84% of global EV sales; ignore the U.S. for a moment. This time period essentially shows you how the consensus estimate has changed from the time of their last earnings report. Now that it has, BYD is right where it wants to be. This has some 573,000 shares on the move as of this writing. BYD has an incredible domestic market for its products. Entering text into the input field will update the search result below. 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. 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 sales/assets ratio of 2.50 means the company generated $2.50 in revenue for every $1.00 of assets on its books. The time has come. 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. 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. A P/B of 2 means it's selling at 2 times its book value. So the PEG ratio tells you what you're paying for each unit of earnings growth. The Momentum Scorecard focuses on price and earnings momentum and indicates when the timing is right to enter a stock. This initiative will help accelerate the transition from diesel to electric buses in the U.S. As of July, BYD buses in the U.S. had logged 13 million miles of zero-emission operations, which is the distance of 520 trips around the world. 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 have no business relationship with any company whose stock is mentioned in this article. This seems like an approach that could pay off in the long run. In fact, BYD's Tang and Han models can be described as premium cars that sell for similar prices as do Tesla's offerings. 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. Volume is a useful item in many ways. Find out the difference between two stocks of the same company (how to identify ADRs, etc) 0. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. It also operates in North America via its U.S. headquarters in Los Angeles, Calif. Its also worth pointing out that BYDs cars have been doing well in its home country. are strong. 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. Ill admit, it seems confusing, but here is the rundown: BYDDF and BYDDY are both OTC, but BYDDY is the ADR, and BYDDF is H-shares. BYD is not only selling batteries to commercial vehicle producers, but is also designing and manufacturing its own products. Under those estimates, we are forecasting passenger NEV sales will grow by 429% in 2025 from the end of this year in China. EPS increased 3,000% from HK$0.02 to HK$0.62 Y/Y. The difference is that BYDDY is the ADR of BYD stock, while BYDDF is its H-shares. Debt to Equity (or D/E ratio) is total liabilities divided by total shareholder equity. You may need to check with your broker to see if they also support the BYDDF stock version of BYD. BYD was not looking at the U.S. market as a major revenue stream, but rather to establish its brand overseas. For more information, please see our Especially interested in electric vehicles, autonomous vehicles, 5G, telemedicine, batteries, clean water, and renewable energy. How are stocks traded on multiple exchanges. 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. Investors looking for more recent stock market news will want to keep reading! The main difference between byddf and byddy stocks is that byddf stocks are considered to be more reliable. (Video) Secret BYD Insider information - BYD will 10X stock price by 2025 In general, a lower number or multiple is usually considered better that a higher one. BYDDF is seeing heavier trading than normal today. What is the symbol (which looks similar to an equals sign) called? 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. Copyright 2023 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. It's also commonly referred to as a 'liquidity ratio'. BYD isnt the only Chinese EV maker eyeing the European market. Folder's list view has different sized fonts in different folders. If you have questions feel free to ask them via direct messaging or through the comment section. 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. If you have an ad-blocker enabled you may be blocked from proceeding. The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. The 12 Week Price Change displays the percentage price change over the most recently completed 12 weeks (60 days). Valuations aren't low, but they are way more reasonable compared to most other EV stocks. This longer-term historical perspective lets the user see how a company has grown over time. 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). Seeing a company's projected sales growth instantly tells you what the outlook is for their products and services. 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. The Zacks database contains over 10,000 stocks. 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. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service. Please disable your ad-blocker and refresh. BYD Competitors and Alternatives 2023 (OTCMKTS:BYDDF) - MarketBeat Revenue was up 40.7% Y/Y and up 11.9% YTD. 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. The reasons for this disconnect are likely two-fold. To subscribe to this RSS feed, copy and paste this URL into your RSS reader. I am/we are long BYDDF, NIO, XPEV, TSLA, BYDDY. 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. Its factories are running at 27.7% capacitysignificantly lower than NIO and Xpeng factories, which are running at full capacity. It is not yet known whether the current leaders in the EV space will remain the top performers for years or decades in terms of market share, but it seems pretty obvious that EV adoption, overall, will continue to grow. What is the difference between BYDDF and BYDDY? | BYDDF vs BYDDY | BYD The terms "byddf" and "byddy" stocks are often used interchangeably, but there is a difference between the two. Not all EV-related stocks felt the same love over the last year, however. So be sure to compare it to its group when comparing stocks in different industries. Buffett first took a 10 percent stake in BYD in 2008, which was the same year that Tesla unveiled its Roadster electric vehicle. I do much more than just articles at Cash Flow Kingdom: Members get access to model portfolios, regular updates, a chat room, and more. The Earnings Yield (also known as the E/P ratio) measures the anticipated yield (or return) an investment in a stock could give you based on the earnings and the price paid. 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. E-bus technologies look promising and have a range of tailwinds. The income number is listed on a company's Income Statement. Projected EPS Growth looks at the estimated growth rate for one year. The PEG ratio is the P/E ratio divided by its growth rate. Bears of Wall Street is a community of traders and financial analysts, who take a pragmatic approach to valuing companies. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. BYD: Why Buffett's EV Choice Is Better Than The Rest (BYDDF) Still, though, they only make cars. A strong weekly advance (especially when accompanied by increased volume) is a sought after metric for putting potential momentum stocks onto one's radar. 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. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. All rights reserved. cross between the bipolar and MOSFET transistors, 13 million miles of zero-emission operations. I am not receiving compensation for it (other than from Seeking Alpha). For one, part of trading is being able to get in and out of a stock easily. The scores are based on the trading styles of Value, Growth, and Momentum. Reddit and its partners use cookies and similar technologies to provide you with a better experience. When did Buffett buy Byddf? While we dont have the breakup for China, according to Chinas Association of Automotive Manufacturers, the Elon Musk-led company sold 18,318 vehicles in February in China. ', referring to the nuclear power plant in Ignalina, mean? BYD is thus, with relatively comparable offerings, taking market share versus Tesla. What Is The Difference Between Byddf And Byddy Stocks Sure, Tesla is due credit for glamorizing the electric car, and OEMs and startups are actually making some compelling electric cars, even if not yet production-ready, but no other company has the ability to produce beyond passenger electric vehicles, and certainly not the batteries to do so. The Value Scorecard identifies the stocks most likely to outperform based on its valuation metrics. The Growth Scorecard table also displays the values for its respective Industry along with the values and Growth Score of its three closest peers. It saw an opportunity in electric cars amid the push to curb climate change and jumped on it. The company has proven that it knows how to capitalize on opportunities as they arise. 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. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. Ticker 'BYD' is Boyd Gaminga casino/hotel company. Buffett and BYD | Elite Trader 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. Above 1 means it assets are greater than its liabilities. I have no business relationship with any company whose stock is mentioned in this article. Also, by looking at the rate of this item, rather than the actual dollar value, it makes for easier comparisons across the industry and peers. 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.

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