BYD Co Ltd
HKEX:1211

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BYD Co Ltd
HKEX:1211
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Price: 113.5 HKD 0.62% Market Closed
Market Cap: 336.7B HKD

Relative Value

The Relative Value of one BYD Co Ltd stock under the Base Case scenario is 152.49 HKD. Compared to the current market price of 113.5 HKD, BYD Co Ltd is Undervalued by 26%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
152.49 HKD
Undervaluation 26%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
42
vs Industry
31
Median 3Y
0.8
Median 5Y
1.1
Industry
0.9
Forward
1.1
vs History
50
vs Industry
16
Median 3Y
14.8
Median 5Y
24.7
Industry
18.5
Forward
18.1
vs History
14
vs Industry
27
Median 3Y
3.4
Median 5Y
4.2
Industry
8.6
vs History
31
vs Industry
14
Median 3Y
16.6
Median 5Y
19.9
Industry
16.2
vs History
23
vs Industry
7
Median 3Y
3.2
Median 5Y
3.5
Industry
1.7
vs History
42
vs Industry
32
Median 3Y
0.8
Median 5Y
1.2
Industry
1.2
Forward
1.1
vs History
47
vs Industry
23
Median 3Y
4.3
Median 5Y
7.4
Industry
5.1
vs History
47
vs Industry
11
Median 3Y
13.4
Median 5Y
22.3
Industry
9
Forward
7.7
vs History
47
vs Industry
13
Median 3Y
13.4
Median 5Y
22.3
Industry
12.2
Forward
15.9
vs History
17
vs Industry
32
Median 3Y
3.3
Median 5Y
4.8
Industry
8.3
vs History
0
vs Industry
10
Median 3Y
12.1
Median 5Y
12.1
Industry
11
vs History
23
vs Industry
21
Median 3Y
1.3
Median 5Y
1.6
Industry
1.2

Multiples Across Competitors

Competitors Multiples
BYD Co Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
BYD Co Ltd
HKEX:1211
994.6B HKD 1.2 23.7 22.2 22.2
US
Tesla Inc
NASDAQ:TSLA
1.4T USD 14.8 226.4 116.6 232
JP
Toyota Motor Corp
TSE:7203
38.1T JPY 0.8 8.9 6.5 9.7
IT
Ferrari NV
MIL:RACE
79B EUR 11.4 49.6 30.2 39.9
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 0.5 4.9 4.5 6.1
DE
Daimler AG
XETRA:DAI
67.5B EUR 0.4 3.7 4 5.4
DE
Bayerische Motoren Werke AG
XETRA:BMW
51.1B EUR 0.4 8.9 5.5 10.5
JP
Honda Motor Co Ltd
TSE:7267
8.6T JPY 0.4 13.5 6.7 11.7
DE
Volkswagen AG
XETRA:VOW
49.3B EUR 0.2 5.9 2.7 6.5
IN
Maruti Suzuki India Ltd
NSE:MARUTI
5T INR 3.3 34.4 24.1 33.4
US
General Motors Co
NYSE:GM
56.4B USD 0.3 8.6 5.4 11.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
BYD Co Ltd
HKEX:1211
Average EV/EBITDA: 20.8
22.2
56%
0.4
US
Tesla Inc
NASDAQ:TSLA
116.6
15%
7.8
JP
Toyota Motor Corp
TSE:7203
6.5
-3%
N/A
IT
Ferrari NV
MIL:RACE
30.2
10%
3
DE
Mercedes Benz Group AG
MIL:MBG
4.5
4%
1.1
DE
Daimler AG
XETRA:DAI
4
N/A N/A
DE
Bayerische Motoren Werke AG
XETRA:BMW
5.5
4%
1.4
JP
Honda Motor Co Ltd
TSE:7267
6.7
4%
1.7
DE
V
Volkswagen AG
XETRA:VOW
2.7
-4%
N/A
IN
Maruti Suzuki India Ltd
NSE:MARUTI
24.1
7%
3.4
US
General Motors Co
NYSE:GM
5.4
-9%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
BYD Co Ltd
HKEX:1211
Average EV/EBIT: 35.3
22.2
25%
0.9
US
Tesla Inc
NASDAQ:TSLA
232
16%
14.5
JP
Toyota Motor Corp
TSE:7203
9.7
N/A N/A
IT
Ferrari NV
MIL:RACE
39.9
12%
3.3
DE
Mercedes Benz Group AG
MIL:MBG
6.1
3%
2
DE
Daimler AG
XETRA:DAI
5.4
N/A N/A
DE
Bayerische Motoren Werke AG
XETRA:BMW
10.5
3%
3.5
JP
Honda Motor Co Ltd
TSE:7267
11.7
N/A N/A
DE
V
Volkswagen AG
XETRA:VOW
6.5
-2%
N/A
IN
Maruti Suzuki India Ltd
NSE:MARUTI
33.4
12%
2.8
US
General Motors Co
NYSE:GM
11.2
-3%
N/A