EVgo vs Tesla Which Is More Favorable?
EVgo and Tesla are both prominent players in the electric vehicle industry, but their stock performances have been trending in different directions. Tesla, known for its innovative technology and strong brand presence, has seen its stock prices soar to record highs. On the other hand, EVgo, a leading provider of electric vehicle charging stations, has faced some challenges that have affected its stock performance. Investors are closely watching how these two companies navigate the rapidly evolving EV market landscape.
EVgo or Tesla?
When comparing EVgo and Tesla, 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 Tesla.
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 Tesla 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, Tesla 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 -13.45 and Tesla's P/E ratio at 88.11. 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 41.94 while Tesla's P/B ratio is 16.01.
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 Tesla's is 2.63%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with EVgo's ROE at 78.99% and Tesla's ROE at 19.29%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $5.33 for EVgo and $336.00 for Tesla. Over the past year, EVgo's prices ranged from $1.65 to $9.07, with a yearly change of 449.70%. Tesla's prices fluctuated between $138.80 and $358.64, with a yearly change of 158.39%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.