JOYY INC-ADR (YY)
US46591M1099 - ADR
Taking everything into account, YY scores 4 out of 10 in our fundamental rating. YY was compared to 68 industry peers in the Interactive Media & Services industry. While YY is still in line with the averages on profitability rating, there are concerns on its financial health. YY is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
YY had positive earnings in the past year.
YY had positive earnings in 4 of the past 5 years.
YY had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of YY (4.09%) is better than 73.13% of its industry peers.
The Return On Equity of YY (6.71%) is better than 76.12% of its industry peers.
With a decent Return On Invested Capital value of 0.51%, YY is doing good in the industry, outperforming 61.19% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 6.71% | ||
| ROIC | 0.51% |
ROA(3y)1.48%
ROA(5y)5.59%
ROE(3y)2.46%
ROE(5y)7.87%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 15.31%, YY belongs to the top of the industry, outperforming 82.09% of the companies in the same industry.
In the last couple of years the Profit Margin of YY has declined.
The Operating Margin of YY (1.54%) is comparable to the rest of the industry.
With a Gross Margin value of 35.85%, YY is not doing good in the industry: 76.12% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of YY has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.54% | ||
| PM (TTM) | 15.31% | ||
| GM | 35.85% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-40.05%
PM growth 5Y-40.06%
GM growth 3Y8.39%
GM growth 5Y23.42%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so YY is destroying value.
YY has less shares outstanding than it did 1 year ago.
The number of shares outstanding for YY has been reduced compared to 5 years ago.
YY has a better debt/assets ratio than last year.
2.2 Solvency
YY has an Altman-Z score of 1.29. This is a bad value and indicates that YY is not financially healthy and even has some risk of bankruptcy.
YY has a Altman-Z score (1.29) which is in line with its industry peers.
YY has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
YY has a Debt to Equity ratio (0.01) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.29 |
ROIC/WACC0.06
WACC8.27%
2.3 Liquidity
A Current Ratio of 1.32 indicates that YY should not have too much problems paying its short term obligations.
With a Current ratio value of 1.32, YY is not doing good in the industry: 74.63% of the companies in the same industry are doing better.
YY has a Quick Ratio of 1.32. This is a normal value and indicates that YY is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of YY (1.32) is worse than 74.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 |
3. Growth
3.1 Past
YY shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 63.78%, which is quite impressive.
The earnings per share for YY have been decreasing by -10.98% on average. This is quite bad
The Revenue has decreased by -5.96% in the past year.
YY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 78.43% yearly.
EPS 1Y (TTM)63.78%
EPS 3Y18.84%
EPS 5Y-10.98%
EPS growth Q2Q55.38%
Revenue 1Y (TTM)-5.96%
Revenue growth 3Y5.74%
Revenue growth 5Y78.43%
Revenue growth Q2Q-5.8%
3.2 Future
Based on estimates for the next years, YY will show a small growth in Earnings Per Share. The EPS will grow by 3.74% on average per year.
Based on estimates for the next years, YY will show a small growth in Revenue. The Revenue will grow by 4.53% on average per year.
EPS Next Y-5.32%
EPS Next 2Y1.16%
EPS Next 3Y3.74%
EPS Next 5YN/A
Revenue Next Year2.51%
Revenue Next 2Y4.2%
Revenue Next 3Y4.3%
Revenue Next 5Y4.53%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 8.12, which indicates a very decent valuation of YY.
Based on the Price/Earnings ratio, YY is valued cheaply inside the industry as 94.03% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.28, YY is valued rather cheaply.
A Price/Forward Earnings ratio of 8.57 indicates a reasonable valuation of YY.
Based on the Price/Forward Earnings ratio, YY is valued cheaper than 91.04% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of YY to the average of the S&P500 Index (20.88), we can say YY is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 8.57 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y1.16%
EPS Next 3Y3.74%
5. Dividend
5.1 Amount
YY has a Yearly Dividend Yield of 3.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 14.32, YY pays a better dividend. On top of this YY pays more dividend than 97.01% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.41, YY pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
5.2 History
YY has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y1.16%
EPS Next 3Y3.74%
JOYY INC-ADR
NASDAQ:YY (5/3/2024, 3:04:44 PM)
After market: 33.77 0 (0%)33.77
-0.05 (-0.15%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryInteractive Media & Services
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.06B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 8.57 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.09% | ||
| ROE | 6.71% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 1.54% | ||
| PM (TTM) | 15.31% | ||
| GM | 35.85% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.32 | ||
| Quick Ratio | 1.32 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)63.78%
EPS 3Y18.84%
EPS 5Y
EPS growth Q2Q
EPS Next Y-5.32%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-5.96%
Revenue growth 3Y5.74%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y