©Reuters.Exploring the competitive space: Tesla and its auto industry peers
Benzinga – Benzinga Insights, by Benzinga Staff Writer.
In today’s rapidly changing and competitive business world, it is imperative that investors and industry observers carefully evaluate companies before choosing to invest. This article provides a comprehensive industry comparison and evaluation. Tesla (NASDAQ:TSLA) Comparison with major competitors in the automotive industry. Our goal is to provide valuable insights and highlight the performance of companies in their industry through in-depth analysis of key financial indicators, market positions, and growth potential.
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 2022 were just over 1.3 million vehicles.
tesla company | 81.67 | May 15th | 9.19 | 3.54% | $3.32 | $4.18 | 8.84% |
Toyota Motor Corporation | 8.98 | 1.08 | 0.84 | 4.11% | $2336.09 | $2369.94 | 24.05% |
Honda motor industry stock company | 7.74 | 0.57 | 0.39 | 2.08% | $563.29 | $1090.54 | 17.12% |
general motors company | 5.08 | 0.67 | 0.29 | 4.16% | $6.68 | $5.36 | 5.35% |
ford motor | 8.07 | 1.12 | 0.29 | 2.73% | $3.32 | $3.8 | 11.19% |
Lee Auto Co., Ltd. | 158.46 | 4.92 | 3.59 | 5.51% | $2.96 | $7.64 | 271.21% |
So Industries Co., Ltd. | November 22 | 1.63 | 0.61 | 1.36% | $0.16 | $0.36 | -19.54% |
Winnebago Industries, Inc. | 13.95 | 1.59 | 0.79 | 1.9% | $0.05 | $0.12 | -19.87% |
average | 32.06 | 1.65 | 0.97 | 3.12% | $416.08 | $496.82 | 41.36% |
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.dividend-frequency { font-size: 12px; color: #6c757d; A thorough investigation of Tesla reveals the following trends:
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In particular, this stock’s current price-to-earnings ratio is 81.67teeth 2.55x Exceeds industry standards and reflects a higher rating compared to the industry.
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Increase in price/book value ratio May 15th Comparison with industry average 9.12 times This suggests that the company may be overvalued based on book value.
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price to sales ratio 9.19,In other words 9.47 times Industry averages suggest that the stock may be overvalued in terms of sales compared to its peers.
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Return on equity (ROE) 3.54% teeth 0.42% This is above the industry average, demonstrating that the company is efficiently using its capital to generate profits.
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Earnings before interest, taxes, depreciation and amortization (EBITDA) $3.32 billion teeth 0.01 times This is below the industry average, indicating potential for declining profitability and financial challenges.
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The company’s gross profit is low $4.18 billionindicates. 0.01 times Below industry average. This may indicate a decrease in revenue after taking production costs into account.
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The company’s revenue growth is 8.84% significantly lower compared to the industry average of 41.36%. This indicates that the company’s sales performance may decline.
debt ratio
The debt-to-equity (D/E) ratio is a measure of the level of debt a company carries relative to the value of its assets less debt.
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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From a debt-to-equity ratio perspective, Tesla has lower debt levels compared to the top four companies, indicating a stronger financial position.
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This means that the company is less dependent on debt financing, has a better debt-to-equity balance, and has a lower debt-to-equity ratio. 0.15.
Key Takeaways In Tesla’s valuation analysis in the automotive industry, the PE, PB, and PS ratios show that Tesla’s valuation is relatively high compared to its peers. This suggests investors are willing to pay a premium for Tesla’s earnings, book value, and sales. On the other hand, Tesla’s high ROE indicates that the company generates a high return on shareholders’ equity. However, low EBITDA, gross margin, and revenue growth suggest that Tesla’s profitability and revenue growth are relatively low compared to its peers.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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