JOYY INC-ADR (JOYY) Stock Fundamental Analysis
NASDAQ:JOYY - US46591M1099 - ADR
51.67 USD
-1.87 (-3.49%)
51.67 USD
0 (0%)
Overall JOYY gets a fundamental rating of 5 out of 10. We evaluated JOYY against 70 industry peers in the Interactive Media & Services industry. JOYY has an average financial health and profitability rating. JOYY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year JOYY was profitable.
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
The Return On Assets of JOYY (22.79%) is better than 92.86% of its industry peers.
Looking at the Return On Equity, with a value of 26.15%, JOYY belongs to the top of the industry, outperforming 91.43% of the companies in the same industry.
With a Return On Invested Capital value of 0.66%, JOYY perfoms like the industry average, outperforming 54.29% of the companies in the same industry.
JOYY had an Average Return On Invested Capital over the past 3 years of 0.65%. This is significantly below the industry average of 12.61%.
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
JOYY has a Profit Margin of 79.75%. This is amongst the best in the industry. JOYY outperforms 98.57% of its industry peers.
The Operating Margin of JOYY (2.59%) is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 36.40%, JOYY is doing worse than 78.57% of the companies in the same industry.
JOYY's Gross Margin has improved in the last couple of years.
| 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
JOYY has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, JOYY has less shares outstanding
The number of shares outstanding for JOYY has been reduced compared to 5 years ago.
JOYY has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.16 indicates that JOYY is not in any danger for bankruptcy at the moment.
JOYY has a Altman-Z score of 3.16. This is in the better half of the industry: JOYY outperforms 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.
JOYY's Debt to Equity ratio of 0.01 is fine compared to the rest of the industry. JOYY outperforms 61.43% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 3.16 |
ROIC/WACC0.07
WACC9.15%
2.3 Liquidity
JOYY has a Current Ratio of 3.02. This indicates that JOYY is financially healthy and has no problem in meeting its short term obligations.
JOYY has a better Current ratio (3.02) than 68.57% of its industry peers.
A Quick Ratio of 3.02 indicates that JOYY has no problem at all paying its short term obligations.
Looking at the Quick ratio, with a value of 3.02, JOYY is in the better half of the industry, outperforming 68.57% of the companies in the same industry.
| 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.
The Earnings Per Share has been growing slightly by 4.68% on average over the past years.
Looking at the last year, JOYY shows a decrease in Revenue. The Revenue has decreased by -1.33% in the last year.
Measured over the past years, JOYY shows a quite strong growth in Revenue. The Revenue has been growing by 19.96% on average per year.
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
JOYY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.43% yearly.
The Revenue is expected to grow by 1.95% on average over the next years.
EPS Next Y-1.39%
EPS Next 2Y4.15%
EPS Next 3Y6.55%
EPS Next 5Y9.43%
Revenue Next Year-6.84%
Revenue Next 2Y-1.15%
Revenue Next 3Y1.95%
Revenue Next 5Y1.95%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
A Price/Earnings ratio of 9.46 indicates a reasonable valuation of JOYY.
JOYY's Price/Earnings ratio is rather cheap when compared to the industry. JOYY is cheaper than 87.14% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.17, JOYY is valued rather cheaply.
JOYY is valuated reasonably with a Price/Forward Earnings ratio of 9.47.
Compared to the rest of the industry, the Price/Forward Earnings ratio of JOYY indicates a rather cheap valuation: JOYY is cheaper than 82.86% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of JOYY to the average of the S&P500 Index (22.78), we can say JOYY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 9.47 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, JOYY is valued a bit cheaper than 61.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 18.83 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)2.02
EPS Next 2Y4.15%
EPS Next 3Y6.55%
5. Dividend
5.1 Amount
JOYY has a Yearly Dividend Yield of 3.61%.
JOYY's Dividend Yield is rather good when compared to the industry average which is at 2.53. 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 | 3.61% |
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 2Y4.15%
EPS Next 3Y6.55%
51.67
-1.87 (-3.49%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners73.42%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.67B
Analysts81.05
Price Target56.1 (8.57%)
Short Float %82.31%
Short Ratio5.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.61% |
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%
PT rev (3m)3.75%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-3.38%
EPS NY rev (1m)0%
EPS NY rev (3m)4.41%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)-0.28%
Revenue NY rev (3m)-2.59%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.46 | ||
| Fwd PE | 9.47 | ||
| P/S | 1.23 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.4 | ||
| P/tB | 0.64 | ||
| EV/EBITDA | 18.83 |
EPS(TTM)5.46
EY10.57%
EPS(NY)5.46
Fwd EY10.56%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS41.9
BVpS127.8
TBVpS80.29
PEG (NY)N/A
PEG (5Y)2.02
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
ROICexcg growth 3YN/A
ROICexcg 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 | 3.16 |
F-ScoreN/A
WACC9.15%
ROIC/WACC0.07
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 Y-1.39%
EPS Next 2Y4.15%
EPS Next 3Y6.55%
EPS Next 5Y9.43%
Revenue 1Y (TTM)-1.33%
Revenue growth 3Y-5.11%
Revenue growth 5Y19.96%
Sales Q2Q%-10.15%
Revenue Next Year-6.84%
Revenue Next 2Y-1.15%
Revenue Next 3Y1.95%
Revenue Next 5Y1.95%
EBIT growth 1Y55.88%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year96.12%
EBIT Next 3Y45.87%
EBIT Next 5Y34.21%
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%