JOYY vs PAYD vs VTEX Stock Comparison

Joyy, Paid and Vtex Prices as of Oct 26, 2026 Peers: Industry group
JOYY JOYY Inc.
$82.99 +4.0% 1M +38.8% 1Y
Market cap
$4.16B
P/E
19.1x
Revenue (TTM)
$2.27B
Div. yield
–
Social Media Technology
6 wins
PAYD Paid Inc
$2.20 -8.7% 1M -26.7% 1Y
Market cap
$18.65M
P/E
147.0x
Revenue (TTM)
$22.10M
Div. yield
–
E-commerce Software Technology
1 win
VTEX Vtex
$3.97 +10.0% 1M -11.6% 1Y
Market cap
$703.22M
P/E
23.2x
Revenue (TTM)
$252.69M
Div. yield
–
E-commerce Software Technology
2 wins

Head to Head

9 decided of 12

Joyy leads on 6 of the 12 questions below (Joyy 6, Vtex 2, Paid 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionJOYYPAYDVTEXLeader
Larger companyMarket capitalisation $4.16B $18.65M $703.22M JOYY
Cheaper on earningsLower P/E, profitable companies only 19.1x 147.0x 23.2x JOYY
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.9x — 18.0x JOYY
Faster revenue growthRevenue growth, trailing twelve months +7.5% +12.6% +9.6% PAYD
More profitableNet margin, trailing twelve months 9.6% 0.6% 12.0% VTEX
Better return on capitalReturn on invested capital 0.9% — — –
Less leveragedLower net debt / EBITDA -3.5x — — –
Higher dividend yieldTrailing dividend yield 0.00% — 0.00% –
Better 1-year returnPrice return, last 12 months +38.8% -26.7% -11.6% JOYY
Better 5-year returnAnnualised price return, 5 years +10.4%/yr -2.8%/yr -25.9%/yr JOYY
Less volatileAnnualised volatility, 1 year 31.0% 58.4% 45.1% JOYY
Higher overall scoreMean of the five percentile scores vs peers 57/100 44/100 68/100 VTEX

Percentile Scorecard

JOYYPAYDVTEX

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

AxisJOYYPAYDVTEX
Valuation 54 #77 of 167 40 #101 of 167 58 #70 of 167
Growth 32 #105 of 153 57 #66 of 153 85 #24 of 153
Profitability 47 #81 of 153 50 #77 of 153 70 #46 of 153
Financial Health 83 #31 of 179 43 #102 of 179 81 #35 of 179
Shareholder Returns 69 #30 of 94 29 #67 of 94 47 #50 of 94
Overall 57 44 68
  • JOYY ranked among 185 companies in Internet Platforms
  • PAYD ranked among 185 companies in Internet Platforms
  • VTEX ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodJOYYPAYDVTEXSPY
1 month +4.0%-8.7%+10.0% -0.8%
3 months +10.9%-10.6%-5.9% +3.5%
6 months +41.6%-6.0%-1.5% +7.0%
Year to date +28.2%-26.4%+5.6% +12.2%
1 year +38.8%-26.7%-11.6% +13.0%
3 years +113.7%+29.4%-26.5% +86.3%
3 years, per year +28.8%+9.0%-9.8% +23.1%
5 years +64.3%-13.0%-77.7% +68.6%
5 years, per year +10.4%-2.8%-25.9% +11.0%
10 years +53.2%—— +258.0%
10 years, per year +4.4%—— +13.6%

Risk

MeasureJOYYPAYDVTEXSPY
Volatility, 1Y 31.0%58.4%45.1% 12.7%
Downside volatility, 1Y 26.2%120.1%47.6% 12.7%
Beta vs S&P 500, 1Y 0.640.040.55 1.00
Return / volatility, 1Y 1.25-0.46-0.26 1.02
Max drawdown, 5Y -60.4%-59.4%-84.4% -25.4%
From 52-week high -2.3%-33.3%-12.6% -1.8%
52-week high $84.93$3.30$4.54 $779.14
52-week low $54.42$1.95$2.87 $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.

MultipleJOYYPAYDVTEX
P/E now vs peer median 20.1xmedian 17.5x 147.0xmedian 17.5x 23.5xmedian 17.5x
P/S now vs peer median 1.9xmedian 1.4x 0.8xmedian 1.4x 2.7xmedian 1.4x
EV/EBITDA now vs peer median 29.1xmedian 14.5x 271.8xmedian 14.5x 14.5xmedian 14.5x
P/FCF now vs peer median —median 12.1x 66.0xmedian 12.1x 15.3xmedian 12.1x
P/B now vs peer median 0.7xmedian 1.7x 3.3xmedian 1.7x 3.1xmedian 1.7x
PEG now vs peer median 7.69median 0.41 -4.51median 0.41 0.50median 0.41

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 monthsJOYYPAYDVTEX
Revenue $2.27B $22.10M $252.69M
Gross profit $789.66M $4.71M $200.31M
Operating income $58.45M -$229.23K $30.86M
Net income $207.29M $128.94K $30.26M
Free cash flow – $282.66K $44.98M
R&D $238.84M – $68.73M
EPS (diluted) $4.08 $0.02 $0.16
Cash & equivalents $336.99M $1.08M $15.45M
Total debt $94.78M – –
Shares (diluted) 53.26M 8.55M 185.11M
Enterprise value $1.51B $14.36M -$71.09M

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
MetricJOYYPAYDVTEX
P/E 20.1x 147.0x 23.5x
P/FCF – 66.0x 15.3x
P/Operating cash flow – 65.3x 15.0x
P/S 1.9x 0.8x 2.7x
P/B 0.7x 3.3x 3.1x
P/Tangible book 0.7x 4.8x 3.2x
EV/EBITDA 29.1x 271.8x 14.5x
EV/EBIT 66.7x -76.7x 16.2x
EV/Revenue 1.7x 0.8x 2.0x
EV/FCF – 62.2x 11.1x
EV/Operating cash flow – 61.5x 11.0x
PEG (3Y EPS CAGR) 7.69 -4.51 0.50

Growth

14 metrics
MetricJOYYPAYDVTEX
Revenue growth (1Y) 7.5% 12.6% 9.6%
Revenue CAGR (3Y) -0.8% 10.5% 37.2%
Gross profit growth (1Y) 1.8% 13.0% 15.3%
Gross profit CAGR (3Y) -1.8% 8.7% 19.7%
Operating income growth (1Y) 114.9% 75.8% 163.5%
Operating income CAGR (3Y) 49.1% 24.3% 44.0%
Net income growth (1Y) -87.4% 115.1% 53.9%
Net income CAGR (3Y) -5.0% -31.1% 34.0%
EPS growth (1Y) -85.7% 114.7% 123.6%
EPS CAGR (3Y) 2.6% -32.6% 47.5%
Operating cash flow growth (1Y) – 140.0% 14.5%
Operating cash flow CAGR (3Y) – -14.2% 45.5%
Free cash flow growth (1Y) – 142.3% 18.0%
Free cash flow CAGR (3Y) – -14.5% 31.5%

Profitability

14 metrics
MetricJOYYPAYDVTEX
Gross margin 34.8% 21.3% 79.3%
EBITDA margin 5.9% 0.3% 13.7%
Operating margin 2.6% -1.0% 12.2%
Pretax margin 7.3% -0.5% 13.0%
Net margin 9.6% 0.6% 12.0%
FCF margin – 1.3% 17.8%
Operating cash flow margin – 1.3% 18.1%
Return on equity 3.2% 2.3% 8.3%
Return on assets 2.7% 1.5% 5.6%
Return on invested capital 0.9% – –
Return on capital employed 0.9% -3.6% 12.3%
Asset turnover 0.3x 2.6x 0.7x
Cash conversion (OCF / net income) – 2.2x 1.5x
Stock comp / revenue – 2.2% 6.8%

Financial Health

11 metrics
MetricJOYYPAYDVTEX
Debt / assets 0.6% – –
Debt / equity 0.0x – –
Net debt / EBITDA -3.5x – –
Debt / FCF – – –
Liabilities / assets 14.5% 32.5% 34.2%
Equity / assets 85.5% 67.5% 65.8%
Interest coverage 142.9x – –
Current ratio 2.0x 0.9x 2.9x
Quick ratio 0.7x 0.7x 2.8x
Cash ratio 0.5x 0.5x 2.1x
Altman Z-score 3.75 -4.92 4.86

Shareholder Returns

7 metrics
MetricJOYYPAYDVTEX
Dividend yield 6.5% – –
Net buyback yield – 0.0% 2.3%
Shareholder yield 6.5% 0.0% 2.3%
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.

ConsensusJOYYPAYDVTEX
Forward P/E 14.9xFY2026 – 18.0xFY2026
EPS, next fiscal year $5.57FY2026 – $0.22FY2026
EPS growth, next FY +4.9%FY2026 – +10.0%FY2026
EPS growth, the year after +19.6% – +4.5%
Revenue, next fiscal year $2.25BFY2026 – $277.83MFY2026
Revenue growth, next FY +6.0%FY2026 – +15.5%FY2026
Revenue growth, the year after +11.3% – -1.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersJOYYPAYDVTEX
Held by institutions 39.4% – 34.5%
Institutions holding 191 – 108
Change in shares held, QoQ -1.7% – +0.7%
Institutions buying 84 – 67
Institutions selling 73 – 37
Buyers to sellers 1.15 – 1.81

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.

JOYYPAYDVTEX
JOYY 1.00 0.05 0.05
PAYD 0.05 1.00 0.04
VTEX 0.05 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, JOYY, PAYD and VTEX?

Joyy (JOYY) is the largest by market capitalisation: Joyy (JOYY) $4.16B, Paid (PAYD) $18.65M, Vtex (VTEX) $703.22M.

Which stock is cheaper, JOYY, PAYD and VTEX?

Joyy (JOYY) trades on the lowest price-to-earnings ratio (Joyy (JOYY) 19.1x, Paid (PAYD) 147.0x, Vtex (VTEX) 23.2x). On next year's consensus earnings, Joyy (JOYY) is cheapest (Joyy (JOYY) 14.9x, Vtex (VTEX) 18.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Paid (PAYD) grew revenue fastest over the trailing twelve months: Joyy (JOYY) +7.5%, Paid (PAYD) +12.6%, Vtex (VTEX) +9.6%.

Which company is more profitable?

Vtex (VTEX) has the highest net margin (Joyy (JOYY) 9.6%, Paid (PAYD) 0.6%, Vtex (VTEX) 12.0%).

Which stock has performed better?

Over the past year Joyy (JOYY) returned the most: Joyy (JOYY) +38.8%, Paid (PAYD) -26.7%, Vtex (VTEX) -11.6%. Over five years, Joyy (JOYY) compounded fastest (Joyy (JOYY) +10.4%/yr, Paid (PAYD) -2.8%/yr, Vtex (VTEX) -25.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Joyy (JOYY) has been the steadiest (Joyy (JOYY) 31.0%, Paid (PAYD) 58.4%, Vtex (VTEX) 45.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, JOYY, PAYD and VTEX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Joyy (JOYY) leads on 6. 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.