JOYY INC-ADR (JOYY) Stock Fundamental Analysis
USA - NASDAQ:JOYY - US46591M1099 - ADR
59.81 USD
+0.3 (+0.5%)
59.81 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to JOYY. JOYY was compared to 70 industry peers in the Interactive Media & Services industry. Both the profitability and the financial health of JOYY get a neutral evaluation. Nothing too spectacular is happening here. JOYY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
JOYY had positive earnings in the past year.
In multiple years JOYY reported negative net income over the last 5 years.
JOYY had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
JOYY has a better Return On Assets (22.79%) than 91.43% of its industry peers.
JOYY has a better Return On Equity (26.15%) than 91.43% of its industry peers.
JOYY has a Return On Invested Capital (0.66%) which is in line with its industry peers.
JOYY had an Average Return On Invested Capital over the past 3 years of 0.65%. This is significantly below the industry average of 13.27%.
The 3 year average ROIC (0.65%) for JOYY is below the current ROIC(0.66%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.79% | ||
| ROE | 26.15% | ||
| ROIC | 0.66% |
ROA(3y)1.15%
ROA(5y)3.86%
ROE(3y)1.95%
ROE(5y)5.17%
ROIC(3y)0.65%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of JOYY (79.75%) is better than 97.14% of its industry peers.
JOYY has a Operating Margin (2.59%) which is in line with its industry peers.
Looking at the Gross Margin, with a value of 36.40%, JOYY is doing worse than 77.14% of the companies in the same industry.
In the last couple of years the Gross Margin of JOYY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.59% | ||
| PM (TTM) | 79.75% | ||
| GM | 36.4% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.04%
GM growth 5Y5.89%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so JOYY is destroying value.
JOYY has less shares outstanding than it did 1 year ago.
JOYY has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, JOYY has an improved debt to assets ratio.
2.2 Solvency
JOYY has an Altman-Z score of 3.35. This indicates that JOYY is financially healthy and has little risk of bankruptcy at the moment.
The Altman-Z score of JOYY (3.35) is better than 72.86% of its industry peers.
JOYY has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With a decent Debt to Equity ratio value of 0.01, JOYY is doing good in the industry, outperforming 65.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.35 |
ROIC/WACC0.06
WACC10.15%
2.3 Liquidity
A Current Ratio of 3.02 indicates that JOYY has no problem at all paying its short term obligations.
JOYY has a Current ratio of 3.02. This is in the better half of the industry: JOYY outperforms 71.43% of its industry peers.
A Quick Ratio of 3.02 indicates that JOYY has no problem at all paying its short term obligations.
JOYY has a better Quick ratio (3.02) than 71.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.02 | ||
| Quick Ratio | 3.02 |
3. Growth
3.1 Past
JOYY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 23.53%, which is quite impressive.
Measured over the past 5 years, JOYY shows a small growth in Earnings Per Share. The EPS has been growing by 4.68% on average per year.
Looking at the last year, JOYY shows a decrease in Revenue. The Revenue has decreased by -1.33% in the last year.
JOYY shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 19.96% yearly.
EPS 1Y (TTM)23.53%
EPS 3Y58.63%
EPS 5Y4.68%
EPS Q2Q%23.08%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y-5.11%
Revenue growth 5Y19.96%
Sales Q2Q%-10.15%
3.2 Future
Based on estimates for the next years, JOYY will show a small growth in Earnings Per Share. The EPS will grow by 3.14% on average per year.
The Revenue is expected to grow by 1.92% on average over the next years.
EPS Next Y0.33%
EPS Next 2Y4.74%
EPS Next 3Y5.88%
EPS Next 5Y3.14%
Revenue Next Year-6.8%
Revenue Next 2Y-0.98%
Revenue Next 3Y1.93%
Revenue Next 5Y1.92%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
JOYY is valuated reasonably with a Price/Earnings ratio of 10.95.
Based on the Price/Earnings ratio, JOYY is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
JOYY is valuated cheaply when we compare the Price/Earnings ratio to 26.91, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 10.84 indicates a reasonable valuation of JOYY.
80.00% of the companies in the same industry are more expensive than JOYY, based on the Price/Forward Earnings ratio.
JOYY's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.84 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of JOYY is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 20.93 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
PEG (NY)32.92
PEG (5Y)2.34
EPS Next 2Y4.74%
EPS Next 3Y5.88%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.93%, JOYY is a good candidate for dividend investing.
JOYY's Dividend Yield is rather good when compared to the industry average which is at 2.60. JOYY pays more dividend than 95.71% of the companies in the same industry.
JOYY's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
5.2 History
JOYY has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y4.74%
EPS Next 3Y5.88%
59.81
+0.3 (+0.5%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners67.45%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap3.09B
Revenue(TTM)2.24B
Net Income(TTM)1.73B
Analysts82.11
Price Target61.14 (2.22%)
Short Float %42.6%
Short Ratio1.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.93% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)42.68%
Min EPS beat(2)37.89%
Max EPS beat(2)47.48%
EPS beat(4)4
Avg EPS beat(4)31.3%
Min EPS beat(4)11.3%
Max EPS beat(4)47.48%
EPS beat(8)8
Avg EPS beat(8)58.18%
EPS beat(12)12
Avg EPS beat(12)89.11%
EPS beat(16)16
Avg EPS beat(16)159.11%
Revenue beat(2)0
Avg Revenue beat(2)-1.22%
Min Revenue beat(2)-1.98%
Max Revenue beat(2)-0.46%
Revenue beat(4)0
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)-0.46%
Revenue beat(8)4
Avg Revenue beat(8)-0.37%
Revenue beat(12)5
Avg Revenue beat(12)-0.92%
Revenue beat(16)7
Avg Revenue beat(16)-0.56%
PT rev (1m)0.38%
PT rev (3m)8.98%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)1.75%
EPS NY rev (3m)1.75%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.24%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.95 | ||
| Fwd PE | 10.84 | ||
| P/S | 1.43 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.47 | ||
| P/tB | 0.74 | ||
| EV/EBITDA | 20.93 |
EPS(TTM)5.46
EY9.13%
EPS(NY)5.52
Fwd EY9.23%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS41.9
BVpS127.8
TBVpS80.29
PEG (NY)32.92
PEG (5Y)2.34
Graham Number125.3
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 22.79% | ||
| ROE | 26.15% | ||
| ROCE | 0.83% | ||
| ROIC | 0.66% | ||
| ROICexc | 0.66% | ||
| ROICexgc | 1.03% | ||
| OM | 2.59% | ||
| PM (TTM) | 79.75% | ||
| GM | 36.4% | ||
| FCFM | N/A |
ROA(3y)1.15%
ROA(5y)3.86%
ROE(3y)1.95%
ROE(5y)5.17%
ROIC(3y)0.65%
ROIC(5y)N/A
ROICexc(3y)1.46%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)0.83%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.04%
GM growth 5Y5.89%
F-ScoreN/A
Asset Turnover0.29
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.24 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 3.02 | ||
| Quick Ratio | 3.02 | ||
| Altman-Z | 3.35 |
F-ScoreN/A
WACC10.15%
ROIC/WACC0.06
Cap/Depr(3y)69.3%
Cap/Depr(5y)79.15%
Cap/Sales(3y)3.42%
Cap/Sales(5y)5.07%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)23.53%
EPS 3Y58.63%
EPS 5Y4.68%
EPS Q2Q%23.08%
EPS Next Y0.33%
EPS Next 2Y4.74%
EPS Next 3Y5.88%
EPS Next 5Y3.14%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y-5.11%
Revenue growth 5Y19.96%
Sales Q2Q%-10.15%
Revenue Next Year-6.8%
Revenue Next 2Y-0.98%
Revenue Next 3Y1.93%
Revenue Next 5Y1.92%
EBIT growth 1Y55.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year79.63%
EBIT Next 3Y43.41%
EBIT Next 5Y24.31%
FCF growth 1Y4.96%
FCF growth 3Y110.77%
FCF growth 5Y-15.36%
OCF growth 1Y4.42%
OCF growth 3Y13.62%
OCF growth 5Y-14.26%
JOYY INC-ADR / JOYY FAQ
Can you provide the ChartMill fundamental rating for JOYY INC-ADR?
ChartMill assigns a fundamental rating of 5 / 10 to JOYY.
What is the valuation status for JOYY stock?
ChartMill assigns a valuation rating of 4 / 10 to JOYY INC-ADR (JOYY). This can be considered as Fairly Valued.
What is the profitability of JOYY stock?
JOYY INC-ADR (JOYY) has a profitability rating of 5 / 10.
Can you provide the financial health for JOYY stock?
The financial health rating of JOYY INC-ADR (JOYY) is 6 / 10.