Canadian Solar vs Hyundai Which Offers More Value?
Canadian Solar and Hyundai are two companies in the renewable energy sector that have shown strong growth potential in recent years. Canadian Solar is a leading global provider of solar power solutions, while Hyundai is a well-known multinational conglomerate with interests in various industries, including renewable energy. Both companies have seen steady increases in stock prices, but there are differences in their business models and market strategies that investors should consider before making a decision to invest in either stock.
Canadian Solar or Hyundai?
When comparing Canadian Solar and Hyundai, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Canadian Solar and Hyundai.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Canadian Solar has a dividend yield of -%, while Hyundai has a dividend yield of 3.02%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Canadian Solar reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Hyundai reports a 5-year dividend growth of 0.00% year and a payout ratio of 6.26%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Canadian Solar P/E ratio at 1114.67 and Hyundai's P/E ratio at 2.29. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Canadian Solar P/B ratio is 0.30 while Hyundai's P/B ratio is 0.38.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Canadian Solar has seen a 5-year revenue growth of 0.90%, while Hyundai's is 0.47%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canadian Solar's ROE at 0.03% and Hyundai's ROE at 18.01%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $12.49 for Canadian Solar and ₩19800.00 for Hyundai. Over the past year, Canadian Solar's prices ranged from $10.91 to $26.85, with a yearly change of 146.10%. Hyundai's prices fluctuated between ₩16130.00 and ₩24500.00, with a yearly change of 51.89%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.