Over the past twelve months, YY has reported earnings growth of 196.89%, putting it ahead of 92.97% of US stocks in our set.
Revenue growth over the past 12 months for JOYY Inc comes in at 295.72%, a number that bests 97.65% of the US stocks we're tracking.
JOYY Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -117.65%, greater than the shareholder yield of only 3.11% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to JOYY Inc are AZPN, FFIV, DIOD, DLB, and NTGR.
YY Inc. operates an online social platform in China. It engages users in real-time online group activities through voice, video, and text on personal computers and mobile devices. The company was founded in 2005 and is based in Guangzhou, China.
YY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for YY, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that JOYY Inc ranked in the 36th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for YY, they are:
The company has produced more trailing twelve month cash flow than 91.69% of its sector Technology.
The business' balance sheet suggests that 1% of the company's capital is sourced from debt; this is greater than merely 4.47% of the free cash flow producing stocks we're observing.
YY's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 52.99% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CCMP, ADBE, NOVT, ROG, and CRUS can be thought of as valuation peers to YY, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.
The JOYY (YY) investment case remains intact, in my view, with outperformance at Bigo continuing to drive the long-term growth potential. And with BIGO set for global expansion, while accelerating monetization, the potential is vast. At the current valuation, the stock trades at ~10x P/E (ex-cash), which seems far too...
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GUANGZHOU, China, July 30, 2020 (GLOBE NEWSWIRE) -- JOYY Inc. (NASDAQ: YY) (“JOYY” or the “Company”, formerly known as YY Inc.), a global video-based social media platform, today announced that it plans to release its second quarter 2020 financial results after the U.S. market closes on Wednesday, August 12, 2020. The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on Wednesday, August 12, 2020 (9:00 AM Beijing/Hong Kong Time on Thursday, August 13, 2020). Details for the conference call are as follows:Event Title:JOYY Inc. Second Quarter 2020 Earnings Conference Call Conference ID:1085396 Due to the global outbreak of the COVID-19, operator assisted conference calls are not available at the moment. All participants must use the link provided...