Tesla vs Karora, one is over 800 times better value Tesla Vs Karora? Karora: Record Earnings: Net earnings of $42.9 million for the fourth quarter of 2020 and $88.1 million for the full year 2020. Net earnings were $0.30 per share and $0.63 per share, for the fourth quarter and 2020, respectively. https://seekingalpha.com/pr/18239206-karora-announces-2020-results-including-record-annual-net-earnings-of-88-million-2020-aisc That is higher than Tesla per share. The 4th Q did get a kicker from higher gold price creating an accounting bonus, but those are the official #s and when you see the comparison ratios vs Tesla below think you will agree bonus was insignificant.
Tesla: Basic EPS Q4 $0.28 https://seekingalpha.com/symbol/TSLA/income-statement#figure_type=quarterly
Karora Stock $2.83+4%
Tesla $654.87 +0.26%
Karora Annual Growth:
Revenue 2020 = $239 million, prior year 2019 was $128 million = 87% growth
Tesla 2019 $24.5 billion, 2020 31.5 billion = 29% growth
In 2021 Karora will likely grow 40-50% even without gold prices going up from here. Tesla will grow slower. Karora has much much higher margins. Tesla Net Income for 2020 = 2% of sales.
Karora Net Income = 34% of sales, 17 times better margins than Tesla with exactly 3 times better growth.
Even if you drop Karora profit per share by 50% it still is compared to company value a 842 times or 84,200% better value than Tesla even though it is growing 3 times faster with 17 times better margins.
Not a hard pick as to which is a better investment.