YY Shares Owned By Institutions vs. Price To Sales

YY Stock  USD 38.85  0.15  0.39%   
Based on the key profitability measurements obtained from YY's financial statements, YY Inc Class is yielding more profit at this time then in previous quarter. It has a moderate probability of reporting better profitability numbers in December. Profitability indicators assess YY's ability to earn profits and add value for shareholders. Price To Sales Ratio is likely to drop to 1.09 in 2024. Days Sales Outstanding is likely to drop to 38.93 in 2024. At this time, YY's Operating Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 31.7 M in 2024, despite the fact that Accumulated Other Comprehensive Income is likely to grow to (151.3 M).
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.290.3585
Significantly Down
Pretty Stable
For YY profitability analysis, we use financial ratios and fundamental drivers that measure the ability of YY to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well YY Inc Class utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between YY's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of YY Inc Class over time as well as its relative position and ranking within its peers.
  
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Is Interactive Media & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of YY. If investors know YY will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about YY listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.60)
Earnings Share
3.24
Revenue Per Share
36.953
Quarterly Revenue Growth
0.033
Return On Assets
0.0021
The market value of YY Inc Class is measured differently than its book value, which is the value of YY that is recorded on the company's balance sheet. Investors also form their own opinion of YY's value that differs from its market value or its book value, called intrinsic value, which is YY's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because YY's market value can be influenced by many factors that don't directly affect YY's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between YY's value and its price as these two are different measures arrived at by different means. Investors typically determine if YY is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, YY's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

YY Inc Class Price To Sales vs. Shares Owned By Institutions Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining YY's current stock value. Our valuation model uses many indicators to compare YY value to that of its competitors to determine the firm's financial worth.
YY Inc Class is rated third in shares owned by institutions category among its peers. It is rated below average in price to sales category among its peers fabricating about  0.02  of Price To Sales per Shares Owned By Institutions. The ratio of Shares Owned By Institutions to Price To Sales for YY Inc Class is roughly  65.63 . At this time, YY's Price To Sales Ratio is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the YY's earnings, one of the primary drivers of an investment's value.

YY Price To Sales vs. Shares Owned By Institutions

Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.

YY

Shares Held by Institutions

 = 

Funds and Banks

+

Firms

 = 
60.32 %
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

YY

P/S

 = 

MV Per Share

Revenue Per Share

 = 
0.92 X
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.

YY Price To Sales Comparison

YY is currently under evaluation in price to sales category among its peers.

YY Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in YY, profitability is also one of the essential criteria for including it into their portfolios because, without profit, YY will eventually generate negative long term returns. The profitability progress is the general direction of YY's change in net profit over the period of time. It can combine multiple indicators of YY, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-159.3 M-151.3 M
Operating Income28.8 M56.3 M
Income Before Tax288 M217.4 M
Total Other Income Expense Net259.2 M131 M
Net Income272.4 M261.7 M
Income Tax Expense18.9 M31.7 M
Net Income Applicable To Common Shares137.4 M130.5 M
Net Income From Continuing Ops272.4 M258.8 M
Interest Income185.2 M299.8 M
Net Interest Income174.8 M150.2 M
Change To Netincome54.7 M57.5 M
Net Income Per Share 4.61  4.84 
Income Quality 1.09  0.88 
Net Income Per E B T 1.05  0.91 

YY Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on YY. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of YY position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the YY's important profitability drivers and their relationship over time.

Use YY in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if YY position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in YY will appreciate offsetting losses from the drop in the long position's value.

YY Pair Trading

YY Inc Class Pair Trading Analysis

The ability to find closely correlated positions to YY could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace YY when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back YY - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling YY Inc Class to buy it.
The correlation of YY is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as YY moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if YY Inc Class moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for YY can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your YY position

In addition to having YY in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Communication Services Thematic Idea Now

Communication Services
Communication Services Theme
Companies that provide networking, telecom, and long distance services. The Communication Services theme has 43 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Services Theme or any other thematic opportunities.
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Additional Tools for YY Stock Analysis

When running YY's price analysis, check to measure YY's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy YY is operating at the current time. Most of YY's value examination focuses on studying past and present price action to predict the probability of YY's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move YY's price. Additionally, you may evaluate how the addition of YY to your portfolios can decrease your overall portfolio volatility.