EVA Airways vs Jet Airways Which Offers More Value?
EVA Airways and Jet Airways are two leading airlines in the aviation industry, but their stocks have shown contrasting trends in recent years. EVA Airways, based in Taiwan, has seen steady growth and profitability, attributed to its strong market presence in Asia and efficient operations. On the other hand, Jet Airways, based in India, has faced financial troubles and a turbulent market performance, leading to uncertainties among investors. This comparison highlights the divergent paths of these two airlines in the stock market.
EVA Airways or Jet Airways?
When comparing EVA Airways and Jet Airways, 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 EVA Airways and Jet Airways.
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.
EVA Airways has a dividend yield of 4.54%, while Jet Airways has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. EVA Airways reports a 5-year dividend growth of 35.04% year and a payout ratio of 18.14%. On the other hand, Jet Airways 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 EVA Airways P/E ratio at 8.96 and Jet Airways's P/E ratio at -7.66. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. EVA Airways P/B ratio is 2.00 while Jet Airways'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, EVA Airways has seen a 5-year revenue growth of 0.03%, while Jet Airways's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with EVA Airways's ROE at 22.88% and Jet Airways's ROE at 0.58%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are NT$39.00 for EVA Airways and ₹34.16 for Jet Airways. Over the past year, EVA Airways's prices ranged from NT$29.20 to NT$39.85, with a yearly change of 36.47%. Jet Airways's prices fluctuated between ₹34.00 and ₹65.90, with a yearly change of 93.82%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.