Canadian Tire vs DoorDash Which Is More Profitable?
Canadian Tire Corporation Limited (CTC) and DoorDash Inc. (DASH) are two prominent companies in the Canadian retail and food delivery industries, respectively. Canadian Tire is known for its diverse portfolio of retail offerings, including automotive, home, and sports products, while DoorDash has made a name for itself as a leading player in the food delivery market. Both companies have attracted interest from investors looking to capitalize on the growing consumer demand in their respective sectors. This comparison will delve into the financial performance and outlook of Canadian Tire and DoorDash stocks to help investors make informed decisions.
Canadian Tire or DoorDash?
When comparing Canadian Tire and DoorDash, 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 Tire and DoorDash.
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 Tire has a dividend yield of 5.0%, while DoorDash has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Canadian Tire reports a 5-year dividend growth of 10.27% year and a payout ratio of 40.53%. On the other hand, DoorDash 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 Tire P/E ratio at 9.07 and DoorDash's P/E ratio at 661.46. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Canadian Tire P/B ratio is 1.31 while DoorDash's P/B ratio is 10.43.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Canadian Tire has seen a 5-year revenue growth of 0.25%, while DoorDash's is 7.34%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Canadian Tire's ROE at 15.38% and DoorDash's ROE at 1.67%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $100.48 for Canadian Tire and $191.02 for DoorDash. Over the past year, Canadian Tire's prices ranged from $91.50 to $120.47, with a yearly change of 31.66%. DoorDash's prices fluctuated between $99.32 and $215.25, with a yearly change of 116.72%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.
