Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
JOYYJOYY -0.39%76 Debt-to-EBITDA is 0.51 as of Mar. 2026, which is 55% below its 10-year median of 1.13. GuruFocus rates JOYY with a GF Score™ of 76/100 and a GF Value™ of $52.20 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 302 Interactive Media companies, JOYY ranks better than 62.91% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for JOYY's Debt-to-EBITDA or its related term are showing as below:
JOYY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.46 Med: 1.13 Max: 8.53
Current: 0.27
During the past 13 years, the highest Debt-to-EBITDA Ratio of JOYY was 8.53. The lowest was -0.46. And the median was 1.13.
JOYY's Debt-to-EBITDA is ranked better than 62.91% of 302
companies
in the Interactive Media industry
Industry Median: 0.65
vs JOYY: 0.27
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
JOYY Debt-to-EBITDA Related Terms
JOYY Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for JOYY's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JOYY vs PPLI, STUB, ATHM: Debt-to-EBITDA Comparison
For the Internet Content & Information subindustry, JOYY's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JOYY Debt-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, JOYY's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where JOYY's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
JOYY (JOYY) has a Debt-to-EBITDA of 0.51 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JOYY. This is 55% below median its historical median of 1.13. According to the industry distribution chart, JOYY ranks #112 out of 302 companies in the Interactive Media industry, placing it in the top 37.1%.
Is JOYY's Debt-to-EBITDA too high?
JOYY's current Debt-to-EBITDA of 0.51 is 55% below median its 10-year median of 1.13. The Interactive Media industry median Debt-to-EBITDA is 0.65. JOYY's value of 0.51 is 21.5% below this industry median. Based on the distribution chart, JOYY ranks #112 out of 302 companies in the Interactive Media industry, which is above the industry midpoint. Overall, JOYY has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JOYY's Debt-to-EBITDA compare to PPLI and STUB?
According to the Interactive Media industry distribution chart, JOYY ranks #112 out of 302 companies for Debt-to-EBITDA. This puts JOYY in the upper half of its industry. The industry median Debt-to-EBITDA is 0.65. JOYY's value of 0.51 is 21.5% below this benchmark. While the company's 10-year median is 1.13 vs. the industry median of 0.65, JOYY has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.65, based on 302 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JOYY's current Debt-to-EBITDA of 0.51 is 21.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on JOYY. For the Interactive Media industry, the median Debt-to-EBITDA is 0.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JOYY's current Debt-to-EBITDA is 0.51, which is 55% below median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JOYY stock overvalued right now?
Based on GuruFocus' analysis, JOYY (JOYY) is currently considered Significantly Overvalued. The stock's GF Value™ is $52.20, compared to a current price of $74.44 — trading 42.6% above its estimated fair value. The current Debt-to-EBITDA is 0.51, which is 55% below median its 10-year median of 1.13 and 21.5% below the Interactive Media industry median of 0.65. JOYY's overall GF Score™ is 76/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For JOYY (JOYY), the current Debt-to-EBITDA is 0.51 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JOYY (JOYY) Overvalued in 2026?
Based on GuruFocus' analysis, JOYY stock appears to be overvalued.
The current stock price of $74.44 is trading 42.6% above its estimated GF Value™ of $52.20.
GuruFocus considers JOYY to be Significantly Overvalued.
Key valuation signals for JOYY:
Debt-to-EBITDA: 0.51 (55% below median its 10-year median of 1.13)
GF Value™: $52.20 vs. price of $74.44 (42.6% above fair value)
Industry Position: 21.5% below the Interactive Media median (#112 of 302)
No single metric tells the full story. See the JOYY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JOYY Inc is a technology company. The Company operates several social products, including Bigo Live for live streaming, Likee for short-form videos, Hago for multiplayer social networking, an instant messaging product, and others. The Company operates through two segments: BIGO and All other. The BIGO segment consists of several social entertainment platforms, including Bigo Live, Likee, imo, and others. The All other segment consist of Hago, Shopline, and certain audio live streaming platforms.
76GF Score
Get the complete analysis for JOYY
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JOYY has been successfully added to your 
