HUYA Valuation

Is HUYA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of HUYA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HUYA ($3.01) is trading below our estimate of fair value ($3.74)

Significantly Below Fair Value: HUYA is trading below fair value, but not by a significant amount.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for HUYA?

Key metric: As HUYA is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for HUYA. This is calculated by dividing HUYA's market cap by their current revenue.
What is HUYA's PS Ratio?
PS Ratio0.8x
SalesCN¥6.11b
Market CapCN¥5.00b

Price to Sales Ratio vs Peers

How does HUYA's PS Ratio compare to its peers?

The above table shows the PS ratio for HUYA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.9x
DOYU DouYu International Holdings
0.6x-3.3%US$363.8m
DDI DoubleDown Interactive
1.6x2.0%US$534.2m
SOHU Sohu.com
0.7x-4.2%US$426.4m
GDEV GDEV
0.9x7.2%US$391.6m
HUYA HUYA
0.8x4.8%US$685.4m

Price-To-Sales vs Peers: HUYA is good value based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.9x).


Price to Sales Ratio vs Industry

How does HUYA's PS Ratio compare vs other companies in the US Entertainment Industry?

24 CompaniesPrice / SalesEstimated GrowthMarket Cap
IQ iQIYI
0.5x1.8%US$1.97b
LGF.A Lions Gate Entertainment
0.5x5.0%US$1.78b
AMC AMC Entertainment Holdings
0.4x9.1%US$1.57b
RDBX Redbox Entertainment
0.08x34.4%US$76.65m
HUYA 0.8xIndustry Avg. 1.3xNo. of Companies24PS0246810+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: HUYA is good value based on its Price-To-Sales Ratio (0.8x) compared to the US Entertainment industry average (1.3x).


Price to Sales Ratio vs Fair Ratio

What is HUYA's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

HUYA PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: HUYA is expensive based on its Price-To-Sales Ratio (0.8x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst HUYA forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$3.01
US$4.59
+52.3%
23.1%US$6.53US$3.17n/a13
Dec ’25US$3.22
US$4.57
+41.9%
22.5%US$6.59US$3.20n/a14
Nov ’25US$3.42
US$5.40
+58.0%
16.8%US$6.56US$4.00n/a14
Oct ’25US$5.29
US$6.02
+13.8%
13.0%US$7.82US$4.59n/a16
Sep ’25US$4.17
US$5.96
+42.9%
12.7%US$7.69US$4.52n/a16
Aug ’25US$4.12
US$5.83
+41.4%
24.2%US$8.97US$2.40n/a15
Jul ’25US$4.12
US$5.80
+40.8%
26.0%US$8.98US$2.40n/a16
Jun ’25US$5.08
US$5.74
+13.1%
26.8%US$9.00US$2.40n/a15
May ’25US$4.59
US$4.61
+0.5%
30.5%US$7.66US$2.29n/a14
Apr ’25US$4.62
US$4.63
+0.3%
31.5%US$7.67US$2.29n/a13
Mar ’25US$3.75
US$4.25
+13.2%
37.6%US$7.65US$2.28n/a12
Feb ’25US$3.22
US$4.20
+30.5%
37.2%US$7.70US$2.30n/a13
Jan ’25US$3.66
US$4.26
+16.4%
36.3%US$7.70US$2.30n/a13
Dec ’24US$3.45
US$4.19
+21.5%
36.9%US$7.84US$2.30US$3.2213
Nov ’24US$3.26
US$4.13
+26.7%
49.5%US$9.27US$2.29US$3.4214
Oct ’24US$2.84
US$4.16
+46.4%
49.2%US$9.30US$2.30US$5.2914
Sep ’24US$2.66
US$4.09
+53.6%
49.0%US$9.31US$2.30US$4.1715
Aug ’24US$3.18
US$4.42
+39.0%
44.3%US$9.45US$2.72US$4.1215
Jul ’24US$3.58
US$4.60
+28.4%
43.0%US$9.61US$2.77US$4.1216
Jun ’24US$3.01
US$4.60
+52.7%
43.0%US$9.61US$2.77US$5.0816
May ’24US$3.23
US$4.77
+47.8%
42.8%US$9.81US$2.79US$4.5916
Apr ’24US$3.61
US$4.80
+33.0%
43.2%US$9.87US$2.37US$4.6216
Mar ’24US$4.36
US$5.53
+26.9%
34.4%US$9.87US$2.37US$3.7516
Feb ’24US$6.24
US$4.88
-21.7%
45.0%US$10.06US$1.83US$3.2216
Jan ’24US$3.95
US$4.18
+5.8%
49.0%US$9.69US$1.77US$3.6616
Dec ’23US$2.67
US$3.88
+45.1%
48.0%US$9.52US$1.74US$3.4515

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

HUYA Inc. is covered by 29 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Michael MengBOCI Research Ltd.
Yiqun ChenBOCI Research Ltd.
Yiwen ZhangBOCI Research Ltd.