Workhorse vs Hyliion Which Performs Better?
Workhorse Group and Hyliion Holdings are two major players in the electric vehicle industry, each offering unique solutions for sustainable transportation. Workhorse focuses on developing electric delivery vans and trucks for commercial use, while Hyliion specializes in electrifying traditional diesel trucks with its innovative hybrid technology. Investors are closely watching these companies as they navigate the growing demand for eco-friendly transportation options. Understanding the differences and potential growth prospects of Workhorse and Hyliion stocks is essential for making informed investment decisions in this rapidly evolving sector.
Workhorse or Hyliion?
When comparing Workhorse and Hyliion, 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 Workhorse and Hyliion.
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.
Workhorse has a dividend yield of -%, while Hyliion has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Workhorse reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Hyliion 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 Workhorse P/E ratio at -0.20 and Hyliion's P/E ratio at -7.88. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Workhorse P/B ratio is 0.54 while Hyliion's P/B ratio is 2.04.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Workhorse has seen a 5-year revenue growth of 3.17%, while Hyliion's is 0.00%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Workhorse's ROE at -196.34% and Hyliion's ROE at -24.02%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $0.98 for Workhorse and $2.88 for Hyliion. Over the past year, Workhorse's prices ranged from $0.57 to $8.18, with a yearly change of 1327.57%. Hyliion's prices fluctuated between $0.62 and $4.09, with a yearly change of 561.55%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.