Industry Comparison: How Tesla stacks up against its auto industry competitors
Benzinga – Benzinga Insights, by Benzinga Staff Writer.
In an ever-changing and competitive business environment, thorough company analysis is critical for investors and industry professionals. This article provides a comprehensive industry comparison and evaluation. Tesla (NASDAQ:TSLA) and major competitors in the automotive industry. By closely examining key financial metrics, market positions, and growth prospects, our aim is to provide investors with valuable insights and illuminate how companies are performing within their industries.
Tesla Background Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to move the world to electric mobility by manufacturing electric vehicles. . The company sells solar panels and solar roofs for energy generation, as well as batteries for stationary storage for residential and commercial buildings, including public buildings. Tesla has several vehicles in its fleet, including luxury sedans, midsize sedans, and crossover SUVs. The company also plans to start selling more affordable sedans, small SUVs, light trucks, semi-trucks and sports cars. Global vehicle deliveries in 2023 were just over 1.8 million vehicles.
tesla company | 46.63 | 10.19 | 7.22 | 13.66% | $3.48 | $4.44 | 3.49% |
Toyota Motor Corporation | 10.36 | 1.43 | 1.07 | 4.21% | $2385.42 | $2685.29 | 23.44% |
Honda motor industry stock company | 9.18 | 0.70 | 0.45 | 2.07% | $626.97 | $1174.13 | 21.45% |
ford motor | 11.59 | 1.16 | 0.29 | -1.21% | $0.2 | $2.53 | 4.46% |
general motors company | 5.33 | 0.70 | 0.31 | 2.99% | $4.51 | $3.31 | -0.3% |
Lee Auto Co., Ltd. | 132.90 | 4.12 | 3.01 | 5.51% | $2.96 | $7.64 | 271.21% |
So Industries Co., Ltd. | 22.21 | 1.64 | 0.62 | 1.36% | $0.16 | $0.36 | -19.54% |
Winnebago Industries, Inc. | 13.26 | 1.51 | 0.75 | 1.9% | $0.05 | $0.12 | -19.87% |
average | 29.26 | 1.61 | 0.93 | 2.4% | $431.47 | $553.34 | 40.12% |
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.dividend-frequency { font-size: 12px; color: #6c757d; A closer analysis of Tesla reveals the following trends.
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The current price/earnings ratio is 46.63 teeth 1.59 times This is higher than the industry average, indicating that the stock is priced at a premium level in response to market sentiment.
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As indicated by the price-to-book ratio, the stock may be trading at a premium compared to its book value. 10.19 Above industry average 6.33 times.
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The price-to-sales ratio is relatively high; 7.22,In other words 7.76 times On industry averages, the stock could be considered overvalued based on sales performance.
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Return on equity (ROE) 13.66% That is 11.26% The company seems to be using its capital efficiently to generate profits, as it is above the industry average.
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The company’s earnings before interest, taxes, depreciation and amortization (EBITDA) are $3.48 billion,In other words 0.01 times Below industry average. This may indicate declining profitability or financial challenges.
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The company’s gross profit is low $4.44 billionindicates. 0.01 times Below industry average. This may indicate a decrease in revenue after taking production costs into account.
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With the revenue growth of 3.49%which is much lower than the industry average 40.12%the company has seen a noticeable slowdown in sales growth.
debt ratio
The debt-to-equity (D/E) ratio provides insight into the proportion of debt a company carries compared to its equity and asset value.
Considering debt-to-equity ratios in industry comparisons allows you to succinctly assess a company’s financial health and risk profile, helping you make informed decisions.
Analyzing Tesla in relation to the top 4 companies based on debt-to-equity ratio provides the following insights.
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Among the top four companies, Tesla has the stronger financial position, with a debt-to-equity ratio of 0.15.
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This indicates that the company is relying less on debt financing and maintaining a better balance between debt and equity, which investors can take as a positive.
Key Takeaways Compared to its auto industry peers, Tesla’s PE, PB, and PS ratios are all considered high, indicating that the stock may be overvalued. On the other hand, Tesla’s high ROE suggests that it is highly profitable relative to its equity, but its low EBITDA, gross margin, and revenue growth may raise concerns about its operational efficiency and future growth prospects. There is sex.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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