EVgo vs ChargePoint Which Performs Better?

EVgo and ChargePoint are both leading players in the electric vehicle charging industry, providing fast and convenient charging solutions to drivers across the United States. Investors looking to capitalize on the growing adoption of electric vehicles may consider investing in these companies. EVgo operates a network of fast charging stations, while ChargePoint offers a comprehensive charging ecosystem. Both companies have experienced significant growth in recent years, but differences in their business models and strategies may influence their stock performance.

EVgo or ChargePoint?

When comparing EVgo and ChargePoint, 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 EVgo and ChargePoint.

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. EVgo has a dividend yield of -%, while ChargePoint has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. EVgo reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, ChargePoint 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 EVgo P/E ratio at -10.64 and ChargePoint's P/E ratio at -1.92. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. EVgo P/B ratio is -2.04 while ChargePoint's P/B ratio is 3.32.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, EVgo has seen a 5-year revenue growth of 6.63%, while ChargePoint's is -0.96%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with EVgo's ROE at 56.62% and ChargePoint's ROE at -123.05%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $6.41 for EVgo and $1.27 for ChargePoint. Over the past year, EVgo's prices ranged from $1.65 to $9.07, with a yearly change of 449.70%. ChargePoint's prices fluctuated between $1.05 and $3.13, with a yearly change of 198.10%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.