Goodyear vs Workhorse Which Is Superior?
Goodyear Tire & Rubber Co. and Workhorse Group Inc. are two well-known companies in the automotive industry, but with very different focuses. Goodyear is a global leader in tire manufacturing and has a long history of providing reliable products to consumers. On the other hand, Workhorse is a newer player in the market, specializing in electric delivery vehicles. Both companies have seen fluctuations in their stock prices due to various factors, making them interesting options for investors to consider.
Goodyear or Workhorse?
When comparing Goodyear and Workhorse, 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 Workhorse.
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 4.02%, while Workhorse has a dividend yield of -%. 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 45.13%. On the other hand, Workhorse 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 Goodyear P/E ratio at 11.22 and Workhorse's P/E ratio at -0.20. 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 0.34 while Workhorse's P/B ratio is 0.54.
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 Workhorse's is 3.17%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Goodyear's ROE at 3.14% and Workhorse's ROE at -196.34%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are ฿174.00 for Goodyear and $0.98 for Workhorse. Over the past year, Goodyear's prices ranged from ฿135.00 to ฿197.50, with a yearly change of 46.30%. Workhorse's prices fluctuated between $0.57 and $8.18, with a yearly change of 1327.57%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.