JOYY (JOYY) vs Waystar (WAY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
JOYY (JOYY) has outperformed Waystar (WAY) over the past year, gaining 39.2% versus a loss of 31.3%. Waystar is the larger company by market cap ($5.08 billion vs $3.96 billion), about 1.3 times the size. On valuation, JOYY trades at a lower forward P/E (12.7x vs 14.1x for Waystar).
JOYY pays a dividend yielding 6.14%, while Waystar does not currently pay one. JOYY converts more of its revenue into profit, with a net margin of 98.8% versus 10.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | JOYY | WAY |
|---|---|---|
| Share price | $80.85 | $26.48 |
| Market cap | $3.96B | $5.08B |
| 1-day change | -0.59% | +2.76% |
| YTD return | +24.85% | -19.15% |
| 1-year return | +39.18% | -31.33% |
| 5-year return | +39.25% | — |
| P/E ratio (TTM) | 19.34 | 37.83 |
| Forward P/E | 12.71 | 14.09 |
| EPS (TTM) | $4.18 | $0.70 |
| Dividend yield | 6.14% | 0.00% |
| Annual dividend | $4.97 | $0.00 |
| Revenue (latest FY) | $2.12B | $1.10B |
| Revenue growth (YoY) | -5.07% | +16.50% |
| Net income (latest FY) | $2.10B | $112.09M |
| Gross margin | 35.90% | 68.33% |
| Operating margin | 2.63% | 22.68% |
| Net margin | 98.78% | 10.20% |
| 52-week high | $81.93 | $40.35 |
| 52-week low | $54.24 | $17.26 |
| Distance from 52-week high | -1.32% | -34.37% |
| Analyst consensus | strong_buy | strong_buy |
| Avg. price target upside | +10.67% | +27.53% |
| Average volume | 323.19K | 2.42M |
| Shares outstanding | 32.65M | 191.75M |
| Employees | 5,421 | 1,700 |
| Sector | Technology | Technology |
| Industry | EDP Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- JOYY has outperformed WAY by 70.5 percentage points over the past year.
- Waystar trades at a higher earnings multiple (37.8x vs 19.3x trailing P/E).
- JOYY offers a meaningfully higher dividend yield (6.14% vs 0.00%).
- JOYY is more profitable, keeping 98.8 cents of every revenue dollar as net income versus 10.2 cents for Waystar.
- Waystar grew revenue faster in its latest fiscal year (+16.50% vs -5.07%).
About JOYY
JOYY stock →JOYY Inc., together with its subsidiaries, engages in the provision of social product matrix and communication technology. It operates through two segments, BIGO and All Other.
Technology · EDP Services · 5,421 employees
About Waystar
WAY stock →Waystar Holding Corp. develops a cloud-based software solution for healthcare payments.
Technology · EDP Services · 1,700 employees
JOYY vs WAY FAQ
Which is bigger, JOYY or Waystar?
Waystar (WAY) is larger, with a market capitalization of $5.08B compared with $3.96B for JOYY (JOYY).
Which stock has performed better over the past year, JOYY or WAY?
JOYY returned +39.18% over the past 12 months, compared with -31.33% for WAY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, JOYY or WAY?
JOYY has the lower trailing P/E at 19.3, versus 37.8 for WAY. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, JOYY or Waystar?
JOYY pays a dividend yielding 6.14%, while Waystar does not currently pay a regular dividend.
Are JOYY and Waystar in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.