2Año·

Are there any companies you would buy if you didn't have to look at the valuation ratio?

I am often annoyed by finding an exciting company where the investment case is very shaky and objectively the stock should not really be bought because of the valuation.

For me it is with Hyundai $005380 and Porsche $P911 (-0,46 %) so

Hyundai $005380

Best-in-class price-performance offerings, both Kia and Hyundai offer the most exciting new cars for a wide range of needs....

(Both brands have also introduced well-selling first electric models).

Margin offers room for improvement, but since the new gasoline models are superior to all others (and the E models are also ahead, see Ioniq 5 )

the increasing sales growth will probably solve most of the "problems".

Unfortunately difficult to assess how subjective this opinion is (different brand image in Europe/ Asia/ America?) , therefore assessment equally difficult....

Besides, car manufacturers are not exactly the future, especially not in Europe.

TA: Downward trend.

Porsche $P911 (-0,46 %)

For obvious reasons. Sales increase with prosperity, fan base as well, a very good first E model in its class.

Certainly also a higher profit margin possible in the long term.

Nevertheless (as you could see today in the numbers) the valuation was too high for me, in the long term ok, but also for Porsche there will be years in which sales decline.

I would rather attribute to the luxury industry, but that's why the valuation is also 🚀

TA: ...no idea whether that works at all with such young AGs.

21 Comentarios

Lucrash@KapriolenCapital

2Año

Who cares about the rating if the lines fit 🌚

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Moritz@leveragegrinding

2Año

@KapriolenCapital Porsche is only a few months old, how am I supposed to TA there😥 And Hyundai TA says no :(

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Hannes@Hannes_SK

2Año

I have had my Kia for 4 years now. At that time as a new car. The 7-year warranty leaves nothing to be desired and is quite carefree therefore. From the quality also not inferior to the Mercedes of my parents, neither outside nor inside. In the exterior, however, you can already see at the transitions that the dimensions are not always very suitable. But there you just have to make cutbacks. 😄

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Moritz@leveragegrinding

2Año

@Hannes_SK well. And what does it cost less😂 Which one do you drive?

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Hannes@Hannes_SK

2Año

@leveragegrinding I have the Proceed, which I can only compare with a GLC. Cost about 27t € as a re-import. The GLC cost as a young star just under 47t €. Equipment is about the same or at Kia that is already full equipment. 😅

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Moritz@leveragegrinding

2Año

@Hannes_SK that's the main point.😂 Full equipment is included, how cool is it.

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Yannik@BottomTopInvest

2Año

$SOFI, $ZURN, $VATN, $SREN and an additional purchase at $CSWC, at an even slightly lower valuation. The whole is my cosmos and not an investment recommendation, investment advice or a call to trade securities. LG and Dich🫶🏻

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Leonard@Osiriz

2Año

Would also have said Porsche. 😁

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Moritz@leveragegrinding

2Año

@Osiriz from 100€ it gets exciting🙃

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Chrisu@Chrisuonfireles

2Año

ID1000131204 found this one interesting once, no idea why.

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Moritz@leveragegrinding

2Año

@Chrisuonfireles what is that in $?🙃

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Chrisu@Chrisuonfireles

2Año

@leveragegrinding 0,011 US-Dollar

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Moritz@leveragegrinding

2Año

@Chrisuonfireles ne I mean which share belongs to it

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Chrisu@Chrisuonfireles

2Año

@leveragegrinding EKA SARI LORENA TRANSPORT

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Moritz@leveragegrinding

2Año

@Chrisuonfireles guess you find him interesting because he has the name of my girlfriend

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Chrisu@Chrisuonfireles

2Año

@leveragegrinding not really, am asexual. edit: good luck you 2.

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Kevin E.@KevinE

2Año

Why do you think that the "new internal combustion engines" from Hyundai and Kia are superior to "all others"? What vehicles are you comparing them with? I am professionally and privately involved in the automotive sector and this is the first time I have heard this statement, hence the question. I've driven a lot of vehicles, but none of the more recent brands mentioned (latest vehicle: Sportage 2016).

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Moritz@leveragegrinding

2Año

@KevinC Above all, the almost full equipment included in the base price (and the resulting price-performance ratio) leads across all age groups (18-54) in my circle of acquaintances to a new popularity of the two brands, for example, compared to all brands of VW.

In addition, almost all vehicles from Hyundai and Kia are now very sleekly designed, no Opel keeps up, + used car prices especially for the sporty Hyundai models are very high (hardly any loss in value the first 30t km) I'm talking here especially about the sportier variants, which are also in contrast to the brands of the VW Group real sports variants of the basic models. There's quite a few YouTube videos, recommend the i20n comparison with the Polo GTI from JP Performance :) New purchases that I know of (from different "bubbles" without knowing about each other) were in the last 2 years: Kia: Niro / stinger / Kia Rio gt line X2 / (used: proceed gt line) Hyundai: I20n / i20 / i30n / ioniq 5 Others: Seat Leon Peugeot 208 / 508

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Kevin E.@KevinE

2Año

@leveragegrinding Ah okay. So it was more about the overall concept than purely the engine. I misunderstood. Visually, I have to say that I no longer like most makes so much, since they have visually approached the CW values accordingly. Feel in this respect the German premium manufacturers as simply too expensive. But they go to 90% as company cars over the counter anyway... I personally drive Octavia. Bought with 100tkm (3 years old, 14,000€) now after almost 4 years and 265 tkm still super satisfied. Meanwhile, I think the 500tkm would be nice to reach. Regarding new cars, I think that many manufacturers also no longer target the private customer. I have an above-average income, but even a new Passat is quickly a net annual salary. N Bulli goes to the 100k...

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Moritz@leveragegrinding

2Año

@KevinC but if he disappears after 3 years for 4t€ less the deal is good :) and among other things that's why it still works, otherwise no one would buy new.

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Kevin E.@KevinE

2Año

@leveragegrinding I find honestly also very strange... if I get a car for 30k as a year car and for 34 new (in the Bulli halt 90 / 94k), I would opt for the new. That way I eliminate the risk that the car had a bad previous owner, wasn't cold and warmed up, etc. Would take an annual car for 20% less at most. So far I do best with 3-4 year old used for 50-60% off. However, the prices of used cars are currently really blatantly exaggerated and such deals can hardly be found. Supply and demand just ... will mMn also still drag at least a year until it relaxes.

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