Critical Survey: Core Scientific (NASDAQ:CORZ) vs. JOYY (NASDAQ:YY)

Core Scientific (NASDAQ:CORZGet Rating) and JOYY (NASDAQ:YYGet Rating) are both business services companies, but which is the better stock? We will compare the two companies based on the strength of their dividends, valuation, analyst recommendations, profitability, risk, earnings and institutional ownership.

Profitability

This table compares Core Scientific and JOYY’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Core Scientific N/A 26.74% 9.04%
JOYY 2.75% 3.47% 2.11%

Analyst Recommendations

This is a breakdown of recent recommendations for Core Scientific and JOYY, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Core Scientific 0 0 7 0 3.00
JOYY 1 2 1 0 2.00

Core Scientific currently has a consensus price target of 7.44, indicating a potential upside of 313.19%. JOYY has a consensus price target of $53.00, indicating a potential upside of 94.57%. Given Core Scientific’s stronger consensus rating and higher possible upside, equities analysts plainly believe Core Scientific is more favorable than JOYY.

Institutional and Insider Ownership

20.7% of Core Scientific shares are held by institutional investors. Comparatively, 43.1% of JOYY shares are held by institutional investors. 32.0% of Core Scientific shares are held by insiders. Comparatively, 43.0% of JOYY shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

Core Scientific has a beta of 3.8, meaning that its stock price is 280% more volatile than the S&P 500. Comparatively, JOYY has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500.

Valuation & Earnings

This table compares Core Scientific and JOYY’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Core Scientific $544.48 million 1.18 -$32.50 million N/A N/A
JOYY $2.62 billion 0.81 -$80.29 million $0.74 36.81

Core Scientific has higher earnings, but lower revenue than JOYY.

Summary

Core Scientific beats JOYY on 8 of the 12 factors compared between the two stocks.

About Core Scientific

(Get Rating)

Core Scientific, Inc. provides net carbon-neutral blockchain infrastructure and digital asset mining solutions in North America. It operates in two segments, Equipment Sales and Hosting. It offers blockchain hosting services with deployment and provide power, racks, proprietary thermodynamic management, redundant connectivity, and 24/7 security, as well as its proprietary software platforms, such as Minder and MinderOS, which provides infrastructure management and custom firmware; and digital asset mining operation focuses on the generation of digital assets by solving complex cryptographic algorithms to validate transactions on specific digital asset network blockchains. The company also offers blockchain infrastructure and third-party hosting services through the sale of consumption-based contracts for its hosting services, as well as equipment sales to customers; and operates data centers in Georgia, Kentucky, North Carolina, North Dakota, and Texas. In addition, it provides hosting services to digital asset mining customers; deployment, monitoring, troubleshooting, optimization, and maintenance services for its customer's digital asset mining equipment; and electrical power and repair, and other infrastructure services to operate, maintain, and mine digital assets. The company is headquartered in Austin, Texas.

About JOYY

(Get Rating)

JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.

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