Canadian Solar vs SolarWorld Which Is More Reliable?
Canadian Solar and SolarWorld are two leading companies in the solar energy industry, each offering unique opportunities for investors. Canadian Solar, based in Canada, is known for its global reach and diverse portfolio of solar products, while SolarWorld, based in Germany, is recognized for its high-quality, premium solar panels. Both companies have been affected by market fluctuations and policy changes, making their stocks an interesting option for investors seeking exposure to the growing renewable energy sector.
Canadian Solar or SolarWorld?
When comparing Canadian Solar and SolarWorld, 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 SolarWorld.
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 SolarWorld has a dividend yield of -%. 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, SolarWorld reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.
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 1054.94 and SolarWorld's P/E ratio at 0.00. 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 0.28 while SolarWorld's P/B ratio is 0.00.
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 SolarWorld's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canadian Solar's ROE at 0.03% and SolarWorld's ROE at 0.00%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $11.50 for Canadian Solar and €0.15 for SolarWorld. Over the past year, Canadian Solar's prices ranged from $10.91 to $26.85, with a yearly change of 146.10%. SolarWorld's prices fluctuated between €0.13 and €0.30, with a yearly change of 130.77%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.