Spirit Airlines vs United Spirits Which Is More Promising?
Spirit Airlines and United Spirits are two companies in different sectors of the market but are both publicly traded stocks. Spirit Airlines is a low-cost airline carrier, known for its no-frills approach to flying and competitive ticket prices. On the other hand, United Spirits is a leading alcoholic beverage company based in India, producing a wide range of popular brands. Both stocks have seen fluctuations in their market value and are influenced by various economic factors and industry trends. Investors looking to diversify their portfolio may consider comparing these two stocks for potential investment opportunities.
Spirit Airlines or United Spirits?
When comparing Spirit Airlines and United Spirits, 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 Spirit Airlines and United Spirits.
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.
Spirit Airlines has a dividend yield of 11.76%, while United Spirits has a dividend yield of 0.61%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Spirit Airlines reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, United Spirits 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 Spirit Airlines P/E ratio at -0.55 and United Spirits's P/E ratio at 73.97. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Spirit Airlines P/B ratio is 0.46 while United Spirits's P/B ratio is 13.74.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Spirit Airlines has seen a 5-year revenue growth of 0.01%, while United Spirits's is 0.22%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Spirit Airlines's ROE at -63.51% and United Spirits's ROE at 26.30%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $2.67 for Spirit Airlines and ₹1448.15 for United Spirits. Over the past year, Spirit Airlines's prices ranged from $1.40 to $17.02, with a yearly change of 1115.71%. United Spirits's prices fluctuated between ₹1027.30 and ₹1648.40, with a yearly change of 60.46%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.