Analyzing JOYY (JOYY) and Its Competitors

JOYY (NASDAQ:JOYY) is one of 191 publicly-traded companies in the “Interactive Media & Services” industry, but how does it compare to its competitors? We will compare JOYY to similar companies based on the strength of its dividends, valuation, profitability, earnings, risk, institutional ownership and analyst recommendations.

Valuation & Earnings

This table compares JOYY and its competitors revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
JOYY	$2.12 billion	$2.10 billion	17.27
JOYY Competitors	$12.26 billion	$3.51 billion	16.90

JOYY’s competitors have higher revenue and earnings than JOYY. JOYY is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Risk and Volatility

JOYY has a beta of 0.47, meaning that its share price is 53% less volatile than the S&P 500. Comparatively, JOYY’s competitors have a beta of 1.61, meaning that their average share price is 61% more volatile than the S&P 500.

Dividends

JOYY pays an annual dividend of $5.98 per share and has a dividend yield of 8.0%. JOYY pays out 138.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Interactive Media & Services” companies pay a dividend yield of 16.6% and pay out 4.9% of their earnings in the form of a dividend. JOYY lags its competitors as a dividend stock, given its lower dividend yield and higher payout ratio.

Analyst Recommendations

This is a summary of current ratings and recommmendations for JOYY and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
JOYY	0	2	2	0	2.50
JOYY Competitors	1360	5869	11288	421	2.57

JOYY presently has a consensus target price of $74.67, suggesting a potential upside of 0.30%. As a group, “Interactive Media & Services” companies have a potential upside of 26.87%. Given JOYY’s competitors stronger consensus rating and higher possible upside, analysts clearly believe JOYY has less favorable growth aspects than its competitors.

Institutional & Insider Ownership

36.8% of JOYY shares are held by institutional investors. Comparatively, 40.8% of shares of all “Interactive Media & Services” companies are held by institutional investors. 43.0% of JOYY shares are held by insiders. Comparatively, 23.7% of shares of all “Interactive Media & Services” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Profitability

This table compares JOYY and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
JOYY	10.42%	3.67%	3.20%
JOYY Competitors	-356.60%	-22.18%	4.72%

Summary

JOYY competitors beat JOYY on 11 of the 15 factors compared.

JOYY Company Profile

JOYY Inc., through its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as live talk with other users, make video calls, and watch trend videos; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls, text messages, and photo and video sharing. It operates in the People’s Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.