(HUYA) HUYA - Overview
Stock: Live Streaming, Game Broadcasting, Talent Shows, Live Chat, Online Theater
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 63.36% |
| Yield on Cost 5y | 14.88% |
| Yield CAGR 5y | -15.52% |
| Payout Consistency | 94.8% |
| Payout Ratio | 10.5% |
| Risk 5d forecast | |
|---|---|
| Volatility | 76.4% |
| Relative Tail Risk | -16.5% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.19 |
| Alpha | 102.09 |
| Character TTM | |
|---|---|
| Beta | 0.771 |
| Beta Downside | 0.628 |
| Drawdowns 3y | |
|---|---|
| Max DD | 59.09% |
| CAGR/Max DD | 0.53 |
Description: HUYA HUYA January 26, 2026
HUYA Inc. (NYSE:HUYA) runs a suite of live-streaming platforms focused on video-game content and broader entertainment in China, including its flagship HUYA platform and the internationally-focused Nimo TV. The services enable real-time interaction between broadcasters and viewers and are complemented by non-gaming programming such as talent shows, anime, and online theater. The company also monetizes through online advertising, software development, and cultural-creative services, primarily serving streamers and talent agencies. HUYA is a subsidiary of Tencent Holdings and is headquartered in Guangzhou.
As of Q3 2025, HUYA reported 225 million monthly active users (MAU), a 12% YoY increase, driven largely by growth in non-game content which now accounts for roughly 28% of total view time. Revenue for the trailing twelve months reached $1.04 billion, up 9% YoY, with advertising contributing 62% of revenue and a gross margin of 46%. The company’s cash conversion cycle shortened to 45 days, reflecting improved monetization efficiency and tighter cost control.
The Chinese interactive entertainment sector is currently shaped by three macro drivers: (1) the gradual easing of gaming approval restrictions, which is expected to lift the addressable market by an estimated 8% annually; (2) a rebound in digital ad spend after a two-year slowdown, with industry-wide growth projected at 10% YoY in 2026; and (3) rising mobile-internet penetration, now exceeding 78% of the population, expanding the potential viewer base for live-stream platforms. HUYA’s close integration with Tencent provides preferential access to game titles and cross-platform promotion, a competitive advantage that mitigates some regulatory risk.
For a deeper, data-driven assessment of HUYA’s valuation assumptions, consider reviewing the latest analyst models on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 2.5
| Net Income: -167.2m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -0.26 > 1.0 |
| NWC/Revenue: 50.90% < 20% (prev 67.27%; Δ -16.37% < -1%) |
| CFO/TA 0.01 > 3% & CFO 94.3m > Net Income -167.2m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 2.85 > 1.5 & < 3 |
| Outstanding Shares: last quarter (231.2m) vs 12m ago -0.75% < -2% |
| Gross Margin: 12.75% > 18% (prev 0.14%; Δ 1261 % > 0.5%) |
| Asset Turnover: 68.94% > 50% (prev 53.75%; Δ 15.18% > 0%) |
| Interest Coverage Ratio: -7.62 > 6 (EBITDA TTM -102.4m / Interest Expense TTM -23.1m) |
Altman Z'' 1.19
| A: 0.47 (Total Current Assets 4.91b - Total Current Liabilities 1.73b) / Total Assets 6.84b |
| B: -0.31 (Retained Earnings -2.10b / Total Assets 6.84b) |
| C: -0.02 (EBIT TTM -176.0m / Avg Total Assets 9.08b) |
| D: -0.70 (Book Value of Equity -1.26b / Total Liabilities 1.78b) |
| Altman-Z'' Score: 1.19 = BB |
Beneish M 0.95
| DSRI: 6.01 (Receivables 555.9m/89.9m, Revenue 6.26b/6.09b) |
| GMI: 1.11 (GM 12.75% / 14.12%) |
| AQI: 0.62 (AQ_t 0.16 / AQ_t-1 0.25) |
| SGI: 1.03 (Revenue 6.26b / 6.09b) |
| TATA: -0.04 (NI -167.2m - CFO 94.3m) / TA 6.84b) |
| Beneish M-Score: 0.95 (Cap -4..+1) = D |
What is the price of HUYA shares?
Over the past week, the price has changed by +9.91%, over one month by +54.30%, over three months by +71.32% and over the past year by +116.85%.
Is HUYA a buy, sell or hold?
- StrongBuy: 4
- Buy: 3
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the HUYA price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 4 | -14.8% |
| Analysts Target Price | 4 | -14.8% |
| ValueRay Target Price | 6.1 | 31.3% |
HUYA Fundamental Data Overview February 02, 2026
P/E Forward = 69.4444
P/S = 0.1513
P/B = 1.285
P/EG = 1.046
Revenue TTM = 6.26b CNY
EBIT TTM = -176.0m CNY
EBITDA TTM = -102.4m CNY
Long Term Debt = 25.0m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 22.0m CNY (from shortTermDebt, last quarter)
Debt = 25.0m CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -700.9m CNY (from netDebt column, last quarter)
Enterprise Value = 2.83b CNY (6.58b + Debt 25.0m - CCE 3.77b)
Interest Coverage Ratio = -7.62 (Ebit TTM -176.0m / Interest Expense TTM -23.1m)
EV/FCF = -24.37x (Enterprise Value 2.83b / FCF TTM -116.2m)
FCF Yield = -4.10% (FCF TTM -116.2m / Enterprise Value 2.83b)
FCF Margin = -1.86% (FCF TTM -116.2m / Revenue TTM 6.26b)
Net Margin = -2.67% (Net Income TTM -167.2m / Revenue TTM 6.26b)
Gross Margin = 12.75% ((Revenue TTM 6.26b - Cost of Revenue TTM 5.46b) / Revenue TTM)
Gross Margin QoQ = 13.42% (prev 13.55%)
Tobins Q-Ratio = 0.41 (Enterprise Value 2.83b / Total Assets 6.84b)
Interest Expense / Debt = 199.8% (Interest Expense 49.9m / Debt 25.0m)
Taxrate = 5.05% (508.0k / 10.1m)
NOPAT = -167.2m (EBIT -176.0m * (1 - 5.05%)) [loss with tax shield]
Current Ratio = 2.85 (Total Current Assets 4.91b / Total Current Liabilities 1.73b)
Debt / Equity = 0.00 (Debt 25.0m / totalStockholderEquity, last quarter 5.05b)
Debt / EBITDA = 6.84 (negative EBITDA) (Net Debt -700.9m / EBITDA -102.4m)
Debt / FCF = 6.03 (negative FCF - burning cash) (Net Debt -700.9m / FCF TTM -116.2m)
Total Stockholder Equity = 5.70b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.84% (Net Income -167.2m / Total Assets 6.84b)
RoE = -2.93% (Net Income TTM -167.2m / Total Stockholder Equity 5.70b)
RoCE = -3.07% (EBIT -176.0m / Capital Employed (Equity 5.70b + L.T.Debt 25.0m))
RoIC = -2.93% (negative operating profit) (NOPAT -167.2m / Invested Capital 5.70b)
WACC = 8.73% (E(6.58b)/V(6.60b) * Re(8.76%) + (debt cost/tax rate unavailable))
Discount Rate = 8.76% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -33.33 | Cagr: -1.08%
Fair Price DCF = unknown (Cash Flow -116.2m)
EPS Correlation: 3.72 | EPS CAGR: -2.60% | SUE: -1.25 | # QB: 0
Revenue Correlation: -87.34 | Revenue CAGR: -12.69% | SUE: -0.00 | # QB: 0
EPS next Year (2026-12-31): EPS=1.07 | Chg30d=+0.001 | Revisions Net=-1 | Growth EPS=+53.0% | Growth Revenue=+10.0%