JOYY

JOYY — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($59.81)
DCF$35.11-41.3%
Graham Number
Reverse DCF
DDM$79.93+33.6%
EV/EBITDA$1760.84+2844.1%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: —
Rev: -3.3% / EPS: 17.2%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$35.11
Current Price$59.81
Upside / Downside-41.3%
Net Debt (used)-$1.22B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term9.2%13.2%17.2%21.2%25.2%
7.0%$35.11$35.11$35.11$35.11$35.11
8.0%$35.11$35.11$35.11$35.11$35.11
9.0%$35.11$35.11$35.11$35.11$35.11
10.0%$35.11$35.11$35.11$35.11$35.11
11.0%$35.11$35.11$35.11$35.11$35.11

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $-2.09
Yahoo: $129.21

Results

Graham Number requires positive EPS and positive Book Value per share. EPS is zero or negative.
Graham Number
Current Price$59.81
Margin of Safety
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Reverse DCF requires positive TTM free cash flow.
Current Price$59.81
Implied Near-term FCF Growth
Historical Revenue Growth-3.3%
Historical Earnings Growth17.2%
Base FCF (TTM)
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $3.88

Results

DDM Intrinsic Value / share$79.93
Current Price$59.81
Upside / Downside+33.6%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $133.75M
Current: 447.1×
Default: -$1.22B

Results

Implied Equity Value / share$1760.84
Current Price$59.81
Upside / Downside+2844.1%
Implied EV$59.80B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$1.22B-$1.22B-$1.22B-$1.22B-$1.22B
443.1x$1745.40$1745.40$1745.40$1745.40$1745.40
445.1x$1753.12$1753.12$1753.12$1753.12$1753.12
447.1x$1760.84$1760.84$1760.84$1760.84$1760.84
449.1x$1768.56$1768.56$1768.56$1768.56$1768.56
451.1x$1776.28$1776.28$1776.28$1776.28$1776.28