# JOYY Inc. American (JOYY) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $75.00, market value $3.7 billion.

## Valuation
- **P/E (trailing): 17.8×** (5-yr avg 171.7×, 3-yr avg 88.9×). JOYY Inc. American trades at 17.8× trailing earnings, well below its own five-year average of 171.7×: cheap by its own standards. The Technology median in the September 2026 study was 32.1×. Forward P/E is 11.8×, lower than trailing, so analysts expect earnings to grow.
- **PEG: 0.01**. A PEG of 0.01 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 1.6×**. Each dollar of revenue is priced at 1.6×.
- **Price / book: 0.6×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **EV / EBITDA: 20.0×**. Enterprise value is 20.0× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 4.3%** (5-yr avg 0.4%). Free cash flow equals 4.3% of the market value, above its five-year average of 0.4%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 5.6%**. The inverse of the P/E: 5.6% of the price is earned each year.

## Profitability
- **Gross margin: 34.8%**. JOYY Inc. American keeps 34.8% of revenue after the direct cost of what it sells.
- **Operating margin: 2.6%**. 2.6% of revenue is left after running the business, which leaves little cushion in a downturn.
- **Net margin: 98.8%**. 98.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 32.1%**. 32.1% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 0.8%**. Return on all capital, debt included, is 0.8%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.9%**. Each dollar of assets produces 2.9% of profit.

## Growth
- **Revenue growth (1 yr): -5.1%** (3-yr -4.1%/yr, 5-yr 0.9%/yr). Revenue fell 5.1% over the last year, against 0.9% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 1615.4%** (3-yr 190.9%/yr, 5-yr 18.3%/yr). Earnings per share rose 1615.4%, faster than revenue, so margins expanded or the share count shrank.
- **Free-cash-flow growth (3 yr): -13.7%/yr**. Free cash flow has compounded at -13.7% a year over three years, lagging earnings: check whether profits are turning into cash.

## Financial health
- **Debt to equity: 0.00**. Debt is 0.00 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. JOYY Inc. American holds more cash than debt.
- **Interest coverage: 143.5×**. Operating profit covers interest 143.5× over, a safe margin.
- **Altman Z-score: 3.84**. A Z-score of 3.84 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.20%** ($4.97 per share, trailing). JOYY Inc. American yields 7.20%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 7%** (98% of free cash flow). 7% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 15.9%/yr**. The dividend has compounded at 15.9% a year over five years, doubling roughly every 5 years at that pace.

## Analyst view
- **Analyst consensus: strong_buy** (15 analysts). 15 analysts cover JOYY Inc. American; the consensus is strong_buy, with an average price target of $88.01 (+17% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 30.5%** (YTD 23.1%, 3-mo 16.1%). The shares are up 30.5% over twelve months including dividends.
- **From 52-week high: -7.3%** (38.3% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 59**. An RSI of 59 is neutral.
- **Beta (1 yr): 0.69** (volatility 32%). Beta of 0.69 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=JOYY · Page: https://foliofundamentals.com/stocks/joyy

Not investment advice.