When will BYD's market value break through the trillion, and some brokers have calculated a gua: just this year?!

Hello everyone, I'm you guys drop Fancy~

Recently, new energy is on fire again, and a brokerage company directly shouts that BYD's market value will exceed trillion yuan in 2022!

Speaking of BYD, we have to mention the story of Buffett and BYD.

Buffett has been heavily positioned by BYD for 12 years, slashing his waist 6 times, and a share has not been sold.

After all, the stock god is a stock god, able to withstand loneliness and keep prosperity.

BYD's stock price fell from a high of 333 in October to 253 on Friday.

In three months, it has fallen 25%.

As soon as it picked up, Tianfeng Securities released such a bold statement?

Let's take a look at the research report given by Tianfeng Securities, "The thick accumulator will eventually succeed, and the leading prospects of new energy vehicles can be expected", which gives THAT's valuation in 2022 will reach 1.34 trillion yuan.

So how is this 1.34 trillion estimated?

Tianfeng Securities split BYD's business into different sectors for performance forecasting and valuation for different sectors.

Let's take a look at how Tianfeng is valued, and by the way, understand by-the-way, BYD's various businesses

The first is the automotive business. Everyone knows that the sales of new energy vehicles can be described as getting better and better every year, but the major automobile companies have not yet achieved full profitability in the new energy vehicles, so they use the price-to-sales ratio for valuation.

Tianfeng used the relative valuation method to take the price-to-sales ratio of comparable companies Great Wall Motors, Xiaopeng Motors and Ideal Automobile, giving BYD a price-to-sales ratio of 5.5 times, so the corresponding market value of this business is 1.1 trillion yuan.

Next up is the battery business. Similar to the automotive business, considering that the small cell and photovoltaic cell business is still in a state of loss, and the power battery is just starting out, it also uses the price-to-earnings ratio for valuation.

In terms of batteries, with reference to the ningde era, Yiwei lithium energy and Guoxuan hi-tech, BYD was given a market-to-sales ratio of 6.4 times, corresponding to a market value of nearly 200 billion.

This is followed by the semiconductor business. BYD's scale in the semiconductor business is relatively small, and the profitability is still unclear, and it still uses the price-to-sales ratio. Referring to Times Electric, Star Semi-Guide and SilanWei, the market price-to-sales ratio was given 5 times, and the corresponding market value was 7.5 billion yuan.

Finally, there is the Electronics segment. This time, the price-to-sales ratio was not used, but the PE valuation method was used, giving a valuation of 10 times, corresponding to a market value of 28.2 billion.

By adding up the above four sectors, it is concluded that BYD's valuation in 2022 will reach 1.34 trillion yuan.

Just looking at these may not be completely convinced by these small partners.

If BYD is the sales champion of new energy vehicle manufacturers in 2021, is the above remark stable?

Not only that, BYD's blade battery is also very popular, and even industry insiders said, "In the future, you will see more and more blade batteries for new energy vehicle brands."

Tianfeng even released words, they believe that BYD has the potential to grow into a "great company" and the conditions to become the winner of the final game.

What do the friends think about this? How much do you think BYD is worth?