ChargePoint vs EVgo Which Offers More Value?

When it comes to investing in electric vehicle charging companies, ChargePoint and EVgo are two of the most prominent players in the market. ChargePoint operates the largest electric vehicle charging network in North America, with over 114,000 charging stations in its network. On the other hand, EVgo is one of the fastest-growing electric vehicle charging companies, focusing on high-speed charging stations in urban areas. Both companies have seen significant growth in recent years as the demand for electric vehicles continues to rise. Investors looking to capitalize on the booming electric vehicle market may find opportunities in both ChargePoint and EVgo stocks.

ChargePoint or EVgo?

When comparing ChargePoint and EVgo, 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 ChargePoint and EVgo.

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. ChargePoint has a dividend yield of -%, while EVgo has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ChargePoint reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, EVgo 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 ChargePoint P/E ratio at -1.22 and EVgo's P/E ratio at -8.10. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ChargePoint P/B ratio is 2.07 while EVgo's P/B ratio is 1.15.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ChargePoint has seen a 5-year revenue growth of -0.96%, while EVgo's is 6.63%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ChargePoint's ROE at -128.11% and EVgo's ROE at -76.63%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $1.10 for ChargePoint and $4.81 for EVgo. Over the past year, ChargePoint's prices ranged from $1.08 to $3.13, with a yearly change of 189.81%. EVgo's prices fluctuated between $1.65 and $9.07, with a yearly change of 449.70%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.