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Professional

[ANALYST] Ivan Su

Added to YB: 2023-12-27

Pitch date: 2023-12-27

HUYA [neutral]

HUYA Inc.

+117.85%

current return

Author Info

No bio for this author

Company Info

HUYA Inc., through its subsidiaries, operates game live streaming platforms in the People’s Republic of China.

Market Cap

$4.3B

Pitch Price

$1.43

Price Target

7.70 (+147%)

Dividend

N/A

EV/EBITDA

-12.01

P/E

-28.38

EV/Sales

0.13

Sector

Entertainment

Category

value

Show full summary:
HUYA Inc.: Huya Operates a Mediocre Business, but We See Value in Its Cash Balance

HUYA: China's top game streaming platform w/ 80M+ MAUs but slowing rev growth & high content costs pressuring margins. Expansion limited by rivals, short esports deals. $100M buyback. FV $7.70/sh mostly cash, FCF valued @$0.90 assuming flat profits. Bull $10.70, bear $0.50 on buyout risk.

Read full article (7 min)