Goodyear vs Nordic Which Is Stronger?
Goodyear and Nordic stocks represent two distinct investment opportunities in the global market. Goodyear, a well-established American tire company, has a proven track record of steady growth and solid performance. On the other hand, Nordic stocks offer a glimpse into the dynamic and innovative economies of Scandinavian countries, known for their strong welfare systems and sustainability initiatives. Both options present unique advantages and risks for investors seeking to diversify their portfolios and capitalize on different market trends.
Goodyear or Nordic?
When comparing Goodyear and Nordic, 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 Goodyear and Nordic.
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.
Goodyear has a dividend yield of 4.44%, while Nordic has a dividend yield of 4.12%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Goodyear reports a 5-year dividend growth of 0.00% year and a payout ratio of 174.40%. On the other hand, Nordic reports a 5-year dividend growth of 2.91% year and a payout ratio of 48.16%.
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 Goodyear P/E ratio at 39.24 and Nordic's P/E ratio at 8.07. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Goodyear P/B ratio is 0.32 while Nordic's P/B ratio is 1.13.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Goodyear has seen a 5-year revenue growth of 0.62%, while Nordic's is 0.72%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Goodyear's ROE at 0.82% and Nordic's ROE at 14.39%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ฿157.50 for Goodyear and S$0.32 for Nordic. Over the past year, Goodyear's prices ranged from ฿135.00 to ฿197.50, with a yearly change of 46.30%. Nordic's prices fluctuated between S$0.28 and S$0.42, with a yearly change of 50.00%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.