` Comparison: 002594, TSLA - Alpha Spread

002594
vs
TSLA

Over the past 12 months, BYD Co Ltd has underperformed TSLA, delivering a return of +6% compared to the TSLA's +17% growth.

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002594
TSLA
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Valuation Comparison

Intrinsic Value
140.65 CNY
Undervaluation 32%
Intrinsic Value
Price
TSLA Intrinsic Value
40.98 USD
Overvaluation 91%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
BYD Co Ltd
SZSE:002594
95.98 CNY
Tesla Inc
NASDAQ:TSLA
455 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
002594, TSLA

002594
TSLA
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
BYD Co Ltd
Revenue
Tesla Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
002594, TSLA

002594
TSLA
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
BYD Co Ltd
SZSE:002594
Tesla Inc
NASDAQ:TSLA
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What is Free Cash Flow?

Gross Margin

BYD Co Ltd
15.9%
TSLA
17%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

Operating Margin

BYD Co Ltd
5%
TSLA
5.1%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

Net Margin

BYD Co Ltd
4.6%
TSLA
5.5%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

FCF Margin

BYD Co Ltd
-2.9%
TSLA
7.2%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

ROE

BYD Co Ltd
19.8%
TSLA
7%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

ROA

BYD Co Ltd
4.8%
TSLA
4.2%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

ROIC

BYD Co Ltd
7.9%
TSLA
5%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

ROCE

BYD Co Ltd
14.3%
TSLA
5.1%
LTM 3Y Avg 5Y Avg 10Y Avg
BYD Co Ltd
Tesla Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
002594, TSLA

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002594
TSLA
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Performance Gap
002594, TSLA

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002594
TSLA
Difference
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Performance By Year
002594, TSLA

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002594
TSLA
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