FENG vs SPOT vs HUYA Stock Comparison

Phoenix New Media, Spotify Technology and Huya Prices as of Oct 27, 2026 Peers: Industry group
FENG Phoenix New Media Ltd
$1.38 -2.8% 1M -43.0% 1Y
Market cap
$16.57M
P/E
5.7x
Revenue (TTM)
$118.50M
Div. yield
–
Streaming Technology
5 wins
HUYA HUYA Inc.
$2.15 -6.5% 1M -27.1% 1Y
Market cap
$961.19M
P/E
–
Revenue (TTM)
$992.66M
Div. yield
6.51%
Streaming Technology

Head to Head

9 decided of 12

Phoenix New Media leads on 5 of the 12 questions below (Phoenix New Media 5, Spotify Technology 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionFENGSPOTHUYALeader
Larger companyMarket capitalisation $16.57M $114.28B $961.19M SPOT
Cheaper on earningsLower P/E, profitable companies only 5.7x 33.2x -31.6x FENG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 1.4x 44.1x 26.9x FENG
Faster revenue growthRevenue growth, trailing twelve months +17.9% +17.0% +16.7% FENG
More profitableNet margin, trailing twelve months 2.5% 15.7% -1.6% SPOT
Better return on capitalReturn on invested capital — — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% — 6.51% –
Better 1-year returnPrice return, last 12 months -43.0% -15.6% -27.1% SPOT
Better 5-year returnAnnualised price return, 5 years -30.6%/yr +14.0%/yr -24.4%/yr SPOT
Less volatileAnnualised volatility, 1 year 36.7% 46.4% 53.3% FENG
Higher overall scoreMean of the five percentile scores vs peers 77/100 62/100 62/100 FENG

Percentile Scorecard

FENGSPOTHUYA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisFENGSPOTHUYA
Valuation 99 #3 of 167 33 #113 of 167 61 #66 of 167
Growth 92 #13 of 153 96 #7 of 153 66 #52 of 153
Profitability 43 #88 of 153 83 #27 of 153 39 #94 of 153
Financial Health 76 #44 of 179 84 #30 of 179 80 #37 of 179
Shareholder Returns – 16 #79 of 94 66 #33 of 94
Overall 77 62 62
  • FENG ranked among 185 companies in Internet Platforms
  • SPOT ranked among 185 companies in Internet Platforms
  • HUYA ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodFENGSPOTHUYASPY
1 month -2.8%+9.0%-6.5% -0.2%
3 months -5.5%+8.6%-11.9% +3.9%
6 months -19.8%+27.9%-29.0% +8.2%
Year to date -17.4%-4.4%-25.3% +12.9%
1 year -43.0%-15.6%-27.1% +12.3%
3 years +7.8%+248.4%-29.5% +87.4%
3 years, per year +2.5%+51.6%-11.0% +23.3%
5 years -83.9%+92.2%-75.2% +67.9%
5 years, per year -30.6%+14.0%-24.4% +10.9%
10 years -93.7%—— +261.1%
10 years, per year -24.2%—— +13.7%

Risk

MeasureFENGSPOTHUYASPY
Volatility, 1Y 36.7%46.4%53.3% 12.7%
Downside volatility, 1Y 43.1%44.5%47.2% 12.7%
Beta vs S&P 500, 1Y 0.100.291.27 1.00
Return / volatility, 1Y -1.17-0.34-0.51 0.97
Max drawdown, 5Y -88.4%-76.4%-82.6% -25.4%
From 52-week high -43.0%-16.6%-55.9% -1.2%
52-week high $2.42$665.67$4.88 $779.14
52-week low $1.38$412.75$2.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleFENGSPOTHUYA
P/E now vs peer median 5.7xmedian 17.3x 33.2xmedian 17.3x -31.6xmedian 17.3x
P/S now vs peer median 0.1xmedian 1.4x 5.2xmedian 1.4x 1.0xmedian 1.4x
EV/EBITDA now vs peer median —median 14.2x 31.1xmedian 14.2x —median 14.2x
P/FCF now vs peer median —median 11.5x 30.9xmedian 11.5x —median 11.5x
P/B now vs peer median 0.1xmedian 1.8x 11.5xmedian 1.8x 1.4xmedian 1.8x
PEG now vs peer median 0.12median 0.40 0.40median 0.40 -0.86median 0.40

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsFENGSPOTHUYA
Revenue $118.50M $21.85B $992.66M
Gross profit $63.62M $7.24B $141.11M
Operating income -$3.49M $3.19B -$16.49M
Net income $4.10M $3.44B -$13.64M
Free cash flow – $3.69B –
R&D $8.68M $1.67B $71.57M
EPS (diluted) $0.24 $16.34 $-0.07
Cash & equivalents $74.01M $6.84B $47.48M
Shares (diluted) 12.01M 210.51M 228.84M
Enterprise value -$558.51M $71.20B -$944.45M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricFENGSPOTHUYA
P/E 5.7x 33.2x -31.6x
P/FCF – 30.9x –
P/Operating cash flow – 30.3x –
P/S 0.1x 5.2x 1.0x
P/B 0.1x 11.5x 1.4x
P/Tangible book 0.1x 11.6x 1.4x
EV/EBITDA – 31.1x –
EV/EBIT 36.8x 32.3x -36.4x
EV/Revenue -1.1x 4.7x 0.6x
EV/FCF – 27.9x –
EV/Operating cash flow – 27.3x –
PEG (3Y EPS CAGR) 0.12 0.40 -0.86

Growth

14 metrics
MetricFENGSPOTHUYA
Revenue growth (1Y) 17.9% 17.0% 16.7%
Revenue CAGR (3Y) 3.4% 17.1% -5.4%
Gross profit growth (1Y) 46.1% 22.0% 30.7%
Gross profit CAGR (3Y) 23.0% 28.2% 19.9%
Operating income growth (1Y) 61.0% 45.9% 15.9%
Operating income CAGR (3Y) 38.1% 91.3% 43.9%
Net income growth (1Y) 144.5% 117.4% 18.7%
Net income CAGR (3Y) 58.0% 86.0% 36.9%
EPS growth (1Y) 135.2% 113.8% 25.8%
EPS CAGR (3Y) 46.7% 82.8% 36.8%
Operating cash flow growth (1Y) – 15.0% –
Operating cash flow CAGR (3Y) – 152.0% –
Free cash flow growth (1Y) – 12.1% –
Free cash flow CAGR (3Y) – 166.5% –

Profitability

14 metrics
MetricFENGSPOTHUYA
Gross margin 53.7% 33.1% 14.2%
EBITDA margin – 15.2% –
Operating margin -2.9% 14.6% -1.7%
Pretax margin 4.1% 18.0% -1.5%
Net margin 2.5% 15.7% -1.6%
FCF margin – 16.9% –
Operating cash flow margin – 17.3% –
Return on equity 2.6% 35.3% -2.0%
Return on assets 1.8% 21.5% -1.5%
Return on invested capital – – –
Return on capital employed -2.1% 20.0% -2.3%
Asset turnover 0.5x 1.4x 1.1x
Cash conversion (OCF / net income) – 1.1x –
Stock comp / revenue – 1.5% –

Financial Health

11 metrics
MetricFENGSPOTHUYA
Debt / assets – – –
Debt / equity – – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 32.0% 38.9% 26.1%
Equity / assets 68.0% 61.1% 73.9%
Interest coverage – 3.0x –
Current ratio 2.9x – 2.3x
Quick ratio 2.8x 223.0x 2.0x
Cash ratio 2.1x 206.0x 1.6x
Altman Z-score 0.75 – 3.30

Shareholder Returns

7 metrics
MetricFENGSPOTHUYA
Dividend yield – – 6.5%
Net buyback yield – -0.6% –
Shareholder yield 0.0% -0.6% 6.5%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusFENGSPOTHUYA
Forward P/E 1.4xFY2023 44.1xFY2026 26.9xFY2026
EPS, next fiscal year $0.98FY2023 $12.58FY2026 $0.08FY2026
EPS growth, next FY – +1.9%FY2026 –
EPS growth, the year after -345.9% +39.4% +100.0%
Revenue, next fiscal year $194.02MFY2023 $20.91BFY2026 $1.11BFY2026
Revenue growth, next FY – +3.6%FY2026 +19.6%FY2026
Revenue growth, the year after -24.3% +27.7% -1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFENGSPOTHUYA
Held by institutions 1.5% 65.9% 16.0%
Institutions holding 6 1,236 82
Change in shares held, QoQ -2.1% +1.1% -12.8%
Institutions buying 1 615 33
Institutions selling 3 481 29
Buyers to sellers 0.33 1.28 1.14

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

FENGSPOTHUYA
FENG 1.00 0.03 -0.03
SPOT 0.03 1.00 0.08
HUYA -0.03 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FENG, SPOT and HUYA?

Spotify Technology (SPOT) is the largest by market capitalisation: Phoenix New Media (FENG) $16.57M, Spotify Technology (SPOT) $114.28B, Huya (HUYA) $961.19M.

Which stock is cheaper, FENG, SPOT and HUYA?

Phoenix New Media (FENG) trades on the lowest price-to-earnings ratio (Phoenix New Media (FENG) 5.7x, Spotify Technology (SPOT) 33.2x, Huya (HUYA) -31.6x). On next year's consensus earnings, Phoenix New Media (FENG) is cheapest (Phoenix New Media (FENG) 1.4x, Spotify Technology (SPOT) 44.1x, Huya (HUYA) 26.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Phoenix New Media (FENG) grew revenue fastest over the trailing twelve months: Phoenix New Media (FENG) +17.9%, Spotify Technology (SPOT) +17.0%, Huya (HUYA) +16.7%.

Which company is more profitable?

Spotify Technology (SPOT) has the highest net margin (Phoenix New Media (FENG) 2.5%, Spotify Technology (SPOT) 15.7%, Huya (HUYA) -1.6%).

Which stock has performed better?

Over the past year Spotify Technology (SPOT) returned the most: Phoenix New Media (FENG) -43.0%, Spotify Technology (SPOT) -15.6%, Huya (HUYA) -27.1%. Over five years, Spotify Technology (SPOT) compounded fastest (Phoenix New Media (FENG) -30.6%/yr, Spotify Technology (SPOT) +14.0%/yr, Huya (HUYA) -24.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Phoenix New Media (FENG) 0.00%, Huya (HUYA) 6.51%. Phoenix New Media (FENG) and Spotify Technology (SPOT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Phoenix New Media (FENG) has been the steadiest (Phoenix New Media (FENG) 36.7%, Spotify Technology (SPOT) 46.4%, Huya (HUYA) 53.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FENG, SPOT and HUYA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Phoenix New Media (FENG) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.