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BYD COMPANY LTD (BYDDY)

Undervalued
Consumer CyclicalAuto ManufacturersChina

Fundamental

58

Price

$75.60

Market Cap

$703.39B

Part 1 · What the company is worth

Overview

BYD Company Limited, together with its subsidiaries, engages in automobiles and batteries business in the People's Republic of China, Hong Kong, Macau, Taiwan, and internationally. It operates in two segments, Mobile Handset Components, Assembly Service and Other Products; and Automobiles and Related Products and Other Products. The Mobile Handset Components, Assembly Service and Other Products segment manufactures and sells mobile handset components, such as housings and electronic components, and provides assembly services. Its Automobiles and Related Products and Other Products segment is involved in the manufacturing and sale of automobiles, and auto-related molds and components; provision of automobile leasing and after sales services, automobile power batteries, lithium-ion batteries, photovoltaic, and iron battery products; and rail transport and related business. The company develops urban rail transportation business. BYD Company Limited was founded in 1994 and is headquartered in Shenzhen, China.

No editorial profile for this company yet

Direct competitors

Who this company fights with for the same customers

Compare

Generated on September 18, 2026 with claude-haiku-4-5 — shared with all users

P/E: 328.5Score: 49Market cap: $1.49T

Tesla and BYD contend for the title of largest electric-vehicle maker in the world and sell competing models to the same buyers in China, Europe, Latin America and Southeast Asia.

Geely Automobile Holdings Limited (吉利汽车控股有限公司)0175.HK

Geely is the closest rival to BYD in China's new-energy vehicle market, second with a 12.2% share in 2025, selling plug-in hybrids and battery-electric cars in the same mass-market price brackets through its Geely, Galaxy and Zeekr brands.

Chongqing Changan Automobile Company Limited (重庆长安汽车股份有限公司)Not tracked

Changan was the third-largest seller of new-energy vehicles in China in 2025 with a 6.2% share, targeting the same value-conscious domestic buyers with its Deepal, Avatr and Qiyuan lines.

SAIC Motor Corporation Limited (上海汽车集团股份有限公司)Not tracked

SAIC competes with BYD both in China's entry-level electric segment through SAIC-GM-Wuling and abroad, where its MG brand sells in the same European and Latin American markets BYD is expanding into.

Chery Automobile Co., Ltd. (奇瑞汽车股份有限公司)Not tracked

Chery held 4.1% of China's new-energy vehicle market in 2025 and is BYD's main rival for exports, selling to the same emerging-market customers in Latin America, the Middle East and Southeast Asia.

Balance Sheet & Liquidity

Revenue

$316.67B

Trailing 12 months to the last reported quarter — estimated from per-share metrics

Net Income

$11.27B

Trailing 12 months to the last reported quarter — estimated from per-share metrics

Free Cash Flow

$-96.30B

Total Equity

$114.00B

Total Liabilities

$125.90B

Current Ratio

0.87

Interest Coverage

-

Debt/EBITDA

1.07

Earnings Per Share

Revenue & Net Income

Free Cash Flow

Income Breakdown

Historical statement

Margins over time

Debt over time

How heavy the debt is

Growth grid

Growth — Revenue

Fair Value Estimation

CyclicalUndervalued

Fair Value

$113.50

Current Price

$75.60

Margin of Safety

+33.4%

Fair Value Range

$88.38 - $138.63

Spread across the valuation methods used, not a statistically calibrated confidence interval.

Estimation Methods

Analyst price target:$125.35
Discounted cash flow (DCF):Not applicable to this type of company
Earnings multiple (P/E):$60.21
Graham growth formula:Not applicable to this type of company
Earnings power value (EPV):$36.68
Justified P/B:Not applicable to this type of company
Dividend discount (Gordon):Not applicable to this type of company
P/FFO, funds from operations:Not applicable to this type of company
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not applicable to this type of company
Analyst Consensus:Strong Buy (29B / 3H / 0S)
Last Earnings Surprise:+38.45%

Valuation Metrics

P/E Ratio

24.71

ROE

11.6%

P/B Ratio

2.80

P/FCF

-

Gross Margin

15.9%

ROIC

18.6%

Profitability Radar

Value Creation (Economic Moat)

ROIC

18.6%

WACC

6.8%

ROIC − WACC

+11.8 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Fundamental Analysis Criteria

Passed (11)

  • Price CAGR 18.91%
  • ROIC 18.5%
  • P/B Ratio 2.80
  • Debt/Equity ratio
  • Current Ratio
  • Debt/EBITDA
  • ROE 13.6%
  • Revenue Growth 5Y 38.7%
  • Analyst Consensus 91% Buy
  • PEG Ratio 0.52
  • Earnings Quality (OCF/NI) 1.98

Failed (8)

  • Gross Margin 15.9%
  • Operating Margin 4.3%
  • Positive Free Cash Flow
  • Price below Graham Number
  • DCF valuation (Unknown)
  • Earnings Surprise avg -21.6%
  • Net Margin Trend 4.1% vs 5.2%
  • Piotroski F-Score 2/9

Unavailable (8)

  • EPS data insufficient
  • P/FCF NaN
  • Dividend Payout NaN%
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Share Dilution (missing shares data)

Piotroski F-Score

2/9

Serious financial concerns

score
criteria

Earnings Quality

1.98

High quality: earnings backed by cash

Share Dilution

-

Buying back shares. Shareholder friendly

Institutional Holdings

Governance

Executive Team

NameTitleAge
Mr. Chuan-Fu WangExecutive Chairman, President & CEO59
Ms. Ya-Lin ZhouSenior VP & CFO48
Mr. Qian LiSecretary to the Board, Company Secretary & GM of Investment Department52
Ms. Ke LiExecutive Vice President55
Mr. Long HeExecutive Vice President53
Mr. Hong-Bin LuoSenior Vice President & GM of Division 1459
Mr. Dong-Sheng YangSenior Vice President46
Mr. Zhi-Qi HeExecutive VP & COO of Passenger Car Division53
Mr. Huan-Ming LiuVP & GM of the Audit Inspection Division62
Mr. Chuanfang WangVP & GM Logistics Division64

Audit Risk

6

Board Risk

6

Compensation Risk

5

Shareholder Rights Risk

5

Part 2 · The price and when to enter

This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.

Latest News

Recent headlines for BYDDY, sourced from Markets Gazette.

  • 8/28/2026POSITIVE
    BYD, l'export spinge la ripresa: utili +30%

    Chinese electric vehicle giant BYD Company Limited has reported a 30% surge in profits, marking a significant recovery after five consecutive quarters of decline. The growth is primarily attributed to strong export sales, which have helped offset the ongoing price war impacting the domestic Chinese market. This performance indicates BYD's successful international expansion strategy and its ability to navigate competitive domestic pressures. Investors may see this as a sign of resilience and potential for continued global market share gains.

  • 8/27/2026POSITIVE
    BYD’s $20 Billion Stock Comeback May Extend on Export Success

    BYD Co. has experienced a significant stock rally, adding approximately $20 billion to its market capitalization in just two months. This surge is largely attributed to growing export success, which is poised to be a key driver for continued strength. Despite facing geopolitical headwinds, BYD's ability to expand its international presence suggests robust demand for its products and a strong competitive position. Investors are watching closely to see if this overseas momentum can sustain the company's impressive comeback and further boost its valuation.

  • 8/27/2026NEUTRAL
    BYD Needs EV Success Overseas to Sustain $20 Billion Stock Rally

    BYD Co. has experienced a significant stock rally, adding approximately $20 billion to its market capitalization in roughly two months. However, the company now faces a critical juncture as it must prove its ability to achieve substantial success in international markets. This overseas expansion is crucial for sustaining the recent stock performance, especially in the face of ongoing geopolitical challenges and trade tensions that could impact global sales and profitability. Investors are closely watching BYD's ability to navigate these complexities and secure a stronger global footprint beyond its domestic market.

  • 6/18/2026POSITIVE
    The Long Game Behind China’s European EV Push

    Chinese EV manufacturer BYD is making significant strategic investments in Europe, countering perceptions of mere capacity dumping. The company is establishing a 3,000-station flash charging network to bolster EV adoption across the continent. This move, alongside investments from Chery, SAIC, and others in European manufacturing facilities, signals a long-term commitment to the region. BYD's integrated battery production capabilities further strengthen its competitive position. For investors, this indicates a proactive strategy to capture market share and build a robust European presence, potentially leading to sustained growth and increased brand value.

  • 6/17/2026POSITIVE
    BYD Takes On Luxury EV Rivals in China With More Affordable SUV

    BYD Co. has unveiled its largest electric vehicle to date, the Yangwang U8, a premium SUV designed to compete with luxury brands in the Chinese market. This move signals BYD's ambition to capture a larger share of the high-end EV segment, traditionally dominated by foreign automakers. The strategy involves offering a more affordable alternative to established luxury SUVs, potentially attracting a new customer base. Investors will monitor sales figures and market reception closely as BYD expands its product portfolio beyond its core mass-market offerings, aiming to enhance brand perception and profitability.

  • 6/15/2026POSITIVE
    BYD wants to become the world’s largest automaker in five years. Stella Li is the executive selling that vision to the world

    BYD Company Limited, under the leadership of Stella Li, has rapidly ascended to become the world's largest electric vehicle (EV) manufacturer. The company is aggressively pursuing a five-year plan to become the global leader in overall automotive production. Li's strategic expansion into key international markets, including Europe, Asia, and Latin America, underscores BYD's ambitious growth trajectory. This vision, coupled with its current dominance in the EV sector, positions BYD for significant future market share gains and potential outperformance for investors.

  • 6/5/2026POSITIVE
    BYD Leads China's Global EV Push As Overseas Demand Accelerates

    BYD Company is spearheading China's global electric vehicle (EV) expansion, with overseas demand accelerating significantly. Alongside Chery, BYD is aggressively increasing international sales, capitalizing on a global surge in EV interest and a more subdued domestic market. This strategic push into foreign markets indicates strong growth potential and diversification for the company. Investors may see this as a positive sign for future revenue streams and market share expansion, potentially leading to increased profitability and stock valuation.

  • 5/13/2026NEUTRAL
    BYD in Talks With Stellantis and Others About Taking Europe Plants

    BYD Co. is reportedly in discussions with Stellantis NV and other European automotive manufacturers regarding the potential acquisition of underutilized production facilities within the region. This strategic move by the Chinese electric vehicle giant could signify an expansion into the European market, leveraging existing infrastructure rather than building new plants. The outcome of these negotiations will be closely watched by investors for implications on BYD's global manufacturing footprint and its competitive positioning against established European automakers.

  • 5/11/2026POSITIVE
    BYD Sees Annual Sales Rise Despite Tepid Market, Says JPMorgan

    BYD Co. is poised for an annual sales increase, according to JPMorgan Chase & Co., driven by a more positive domestic market outlook and a robust global expansion strategy. This growth is set to occur despite a general slowdown in the electric vehicle market, indicating BYD's strong competitive positioning and effective market penetration. Investors may view this as a signal of resilience and potential market share gains, suggesting that BYD is well-equipped to navigate industry headwinds and capitalize on emerging opportunities.

via Markets Gazette