The US on May 13, 2024, announced a series of new tariffs on Chinese imports. These include a 100% tariff on electric vehicles and a 25% tariff on lithium-ion batteries and battery parts. There was also a 25% tariff on critical minerals, which include graphite, permanent magnets, and cobalt.
GMNA's breakeven point of about 10 million-11 million units is drastically lower than it was under old GM.
GM may have to see a U.S. recession to prove it can do much better than old GM before the market will award the stock a higher P/E multiple. The recession came in 2020, and may again in 2024 or 2025, but the P/E multiple well after the downturn is uncertain.
|
Metric
|
GM
|
HMC
|
NSANY
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.61 | 7.89 | 3.88 |
Price/Book Value | 0.75 | 0.64 | 0.35 |
Price/Sales | 0.34 | 0.39 | 0.16 |
Price/Cash Flow | 2.92 | 4.21 | 1.85 |
|
Metric
|
GM
|
HMC
|
NSANY
|
|---|---|---|---|
Quick Ratio | 0.83 | 1.07 | 1.36 |
Current Ratio | 1.08 | 1.45 | 1.75 |
Interest Coverage | 11.20 | 27.53 | 7.91 |
|
Metric
|
GM
|
HMC
|
NSANY
|
|---|---|---|---|
Return on Assets (Normalized) | 3.80% | 3.87% | 2.64% |
Return on Equity (Normalized) | 15.07% | 8.59% | 8.81% |
Return on Invested Capital (Normalized) | 5.37% | 4.54% | 3.75% |
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
TSLA
| Tesla Inc | Yjvsgjgykj | Bwnnvz | $566.2 Bil | |
TM
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MBGAF
| Mercedes-Benz Group AG | Gxjphkvn | Rkyps | $78.8 Bil | |
RACE
| Ferrari NV | Lnsvlqnsy | Lwmh | $73.3 Bil | |
VWAGY
| Volkswagen AG ADR | Tzccwjwn | Bspw | $72.5 Bil | |
VWAPY
| Volkswagen AG ADR | Zzwzxkfmk | Zjsy | $72.5 Bil | |
BMWYY
| Bayerische Motoren Werke AG ADR | Gwspqtnv | Fcjrrbl | $71.2 Bil | |
STLA
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HMC
| Honda Motor Co Ltd ADR | Flbgtnj | Bspb | $54.3 Bil |
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