JOYYMEX:JOYYN 81 Return-on-Tangible-Asset is 4.18% as of Mar. 2026, which is 65% below its 10-year median of 12.02. GuruFocus rates MEX:JOYYN with a GF Score™ of 81/100 and a GF Value™ of MXN739.08. The stock has 7 warning signs investors should review. Among 568 Interactive Media companies, JOYY ranks better than 61.97% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. JOYY's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN3,655 Mil. JOYY's average total tangible assets for the quarter that ended in Mar. 2026 was MXN87,459 Mil. Therefore, JOYY's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.18%.
The historical rank and industry rank for JOYY's Return-on-Tangible-Asset or its related term are showing as below:
MEX:JOYYN'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.94 Med: 12.02 Max: 43.77
Current: 4.72
During the past 13 years, JOYY's highest Return-on-Tangible-Asset was 43.77%. The lowest was -2.94%. And the median was 12.02%.
MEX:JOYYN's Return-on-Tangible-Asset is ranked better than 61.97% of 568
companies
in the Interactive Media industry
Industry Median: 0.84
vs MEX:JOYYN: 4.72
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
JOYY Return-on-Tangible-Asset Related Terms
JOYY Return-on-Tangible-Asset Historical Data
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The historical data trend for JOYY's Return-on-Tangible-Asset 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.
MEX:JOYYN vs PPLI, ATHM, STUB: Return-on-Tangible-Asset Comparison
For the Internet Content & Information subindustry, JOYY's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, JOYY's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where JOYY's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.18% mean?
JOYY (MEX:JOYYN) has a Return-on-Tangible-Asset of 4.18% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JOYY and its competitors. This is 65% below median its historical median of 12.02. According to the industry distribution chart, JOYY ranks #216 out of 568 companies in the Interactive Media industry, placing it in the top 38%.
Is JOYY's Return-on-Tangible-Asset too high?
JOYY's current Return-on-Tangible-Asset of 4.18% is 65% below median its 10-year median of 12.02. The Interactive Media industry median Return-on-Tangible-Asset is 0.84. JOYY's value of 4.18% is 397.6% above this industry median. Based on the distribution chart, JOYY ranks #216 out of 568 companies in the Interactive Media industry, which is above the industry midpoint. Overall, JOYY has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does JOYY's Return-on-Tangible-Asset compare to PPLI and ATHM?
According to the Interactive Media industry distribution chart, JOYY ranks #216 out of 568 companies for Return-on-Tangible-Asset. This puts JOYY in the upper half of its industry. The industry median Return-on-Tangible-Asset is 0.84. JOYY's value of 4.18% is 397.6% above this benchmark. While the company's 10-year median is 12.02 vs. the industry median of 0.84, JOYY has consistently been above 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 Return-on-Tangible-Asset for an Interactive Media company?
The median Return-on-Tangible-Asset among Interactive Media companies is 0.84, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JOYY's current Return-on-Tangible-Asset of 4.18% is 397.6% above 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on JOYY and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Asset is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JOYY's current Return-on-Tangible-Asset is 4.18%, which is 65% below median its own 10-year median of 12.02. 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?
JOYY (MEX:JOYYN) has a current Return-on-Tangible-Asset of 4.18%. The stock's GF Value™ is MXN739.08, compared to a current price of MXN1,009.00 — trading 36.5% above its estimated fair value. The current Return-on-Tangible-Asset is 4.18%, which is 65% below median its 10-year median of 12.02 and 397.6% above the Interactive Media industry median of 0.84. JOYY's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For JOYY (MEX:JOYYN), the current Return-on-Tangible-Asset is 4.18% 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 (MEX:JOYYN) Overvalued in 2026?
Based on GuruFocus' analysis, JOYY stock appears to be overvalued.
The current stock price of MXN1,009.00 is trading 36.5% above its estimated GF Value™ of MXN739.08.
Key valuation signals for MEX:JOYYN:
Return-on-Tangible-Asset: 4.18% (65% below median its 10-year median of 12.02)
GF Value™: MXN739.08 vs. price of MXN1,009.00 (36.5% above fair value)
Industry Position: 397.6% above the Interactive Media median (#216 of 568)
No single metric tells the full story. See the MEX:JOYYN 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.
81GF Score
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