AMC
AMC Entertainment Holdings, Inc.
AMC has the edge over JOYY overall, supported by stronger fundamentals and stronger valuation.
JOYY
JOYY, Inc. Sponsored ADR Class A
JOYY has lower modeled downside risk, despite its lower overall score.
AMC Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Under pressure |
AMC's revenue is currently healthy, and its profitability and cash flow are stable, but its balance sheet is under pressure.
JOYY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Stable | |
| Stable | |
| Strong |
JOYY's revenue and balance sheet are currently healthy, and its profitability and cash flow are stable.
AMC PE Valuation
AMC has no meaningful PE right now: it lost money over the past year.
JOYY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 2.1x | $8.84 | -89% |
| Fair | 11x | $44.59 | -43% |
| Expensive | 17x | $72.85 | -7.5% |
| Current | 19x | $78.74 | — |
Historical ranges are pointers, not guarantees.
JOYY's PE is in its expensive range at 19x.
AMC Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
AMC has the edge over JOYY on the outlook, with more favorable revenue expectations.
JOYY Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect JOYY's earnings to grow and its profitability to improve, with its revenue holding steady.
AMC Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.40 | +$0.94 |
| Q2 2026 | -$1.10 | -$0.28 |
| Q1 2026 | -$1.09 | -$0.18 |
| Q4 2025 | -$1.34 | -$0.28 |
| Q3 2025 | -$1.34 | +$0.29 |
| Q2 2025 | -$0.82 | +$0.67 |
| Q1 2025 | -$0.91 | +$0.38 |
| Q4 2024 | -$1.06 | +$1.31 |
AMC lost $0.40 per share over the past year, a smaller loss than the year before.
JOYY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.20 | -86% |
| Q1 2026 | $4.32 | -85% |
| Q4 2025 | $36.52 | +$39.59 |
| Q3 2025 | $29.89 | +831% |
| Q2 2025 | $29.78 | +819% |
| Q1 2025 | $29.46 | +568% |
| Q4 2024 | -$3.07 | -176% |
| Q3 2024 | $3.21 | +$5.24 |
JOYY has the edge over AMC on earnings quality, reporting a profit while its opponent remains loss making.
AMC Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.7B | +32% |
| Q2 2026 | $1.6B | +14% |
| Q1 2026 | $1B | +21% |
| Q4 2025 | $1.3B | -1.4% |
| Q3 2025 | $1.3B | -3.6% |
| Q2 2025 | $1.4B | +36% |
| Q1 2025 | $862.5M | -9.3% |
| Q4 2024 | $1.3B | +18% |
AMC has the edge over JOYY on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 15% | +12 points |
| Q2 2026 | 15% | +8.3 points |
| Q1 2026 | -4.4% | +13 points |
| Q4 2025 | 0% | -0.3 points |
| Q3 2025 | 2.8% | -2.6 points |
| Q2 2025 | 6.6% | +11 points |
| Q1 2025 | -17% | -5.5 points |
| Q4 2024 | 0.4% | +14 points |
AMC has the edge over JOYY on profitability, with a higher operating margin.
JOYY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $591.7M | +17% |
| Q1 2026 | $555.7M | +12% |
| Q4 2025 | $581.9M | +5.9% |
| Q3 2025 | $540.2M | -3.3% |
| Q2 2025 | $507.8M | -10% |
| Q1 2025 | $494.4M | -12% |
| Q4 2024 | $549.4M | -3.6% |
| Q3 2024 | $558.7M | -1.5% |
JOYY's revenue is growing: $592M last quarter, up 17% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 2.3% | +1.1 points |
| Q1 2026 | 1.3% | -1.2 points |
| Q4 2025 | 3.1% | -1.8 points |
| Q3 2025 | 3.6% | +0.7 points |
| Q2 2025 | 1.1% | +0.7 points |
| Q1 2025 | 2.5% | +1.8 points |
| Q4 2024 | 4.9% | +4.1 points |
| Q3 2024 | 2.9% | +0.8 points |
JOYY's operating margin was 2.3% last quarter, up 1.1 points from the same quarter a year ago.
AMC Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $109.3M | +$190.4M |
| Q2 2026 | $190.1M | +114% |
| Q1 2026 | -$174.7M | +$242.3M |
| Q4 2025 | $43.3M | -62% |
| Q3 2025 | -$81.1M | +$11.1M |
| Q2 2025 | $88.9M | +$168.1M |
| Q1 2025 | -$417M | -$178.2M |
| Q4 2024 | $113.9M | +$263.8M |
AMC has the edge over JOYY on cash flow, with more consistent year-over-year improvement.
JOYY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | $0 |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | $0 |
| Q3 2025 | $0 | $0 |
| Q2 2025 | $0 | $0 |
| Q1 2025 | $0 | $0 |
| Q4 2024 | $0 | $0 |
| Q3 2024 | $0 | $0 |
JOYY's free cash flow was $0 over the past year, against $0 the year before.
AMC Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +24% | +175M shares |
| 1 year | +107% | +463M shares |
| 3 years | +767% | +793M shares |
| 5 years | +4063% | +875M shares |
AMC has 897M diluted shares, up 107% from a year ago.
JOYY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +1.2% | +588K shares |
| 1 year | -4.2% | -2.2M shares |
| 3 years | -33% | -25.8M shares |
| 5 years | -34% | -26.9M shares |
| Available history | -36% | -28.9M shares |
JOYY has the edge over AMC on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
JOYY hasn't bought back shares in the past year.
AMC Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.0x | Elevated |
| Q2 2026 | 5.7x | High |
| Q1 2026 | 9.2x | High |
| Q4 2025 | 12.2x | High |
| Q3 2025 | 12.2x | High |
| Q2 2025 | 10.7x | High |
| Q1 2025 | 18.6x | High |
| Q4 2024 | 14.3x | High |
AMC's net debt is about 4.0 years of its operating earnings (EBITDA), down from 12 years a year ago.
JOYY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -2.0x | Net Cash |
| Q1 2026 | -1.4x | Net Cash |
| Q4 2025 | -1.6x | Net Cash |
| Q3 2024 | -1.9x | Net Cash |
| Q2 2024 | -3.9x | Net Cash |
| Q1 2024 | -1.7x | Net Cash |
| Q4 2023 | -2.6x | Net Cash |
| Q3 2023 | -1.6x | Net Cash |
JOYY has the edge over AMC on leverage, with a lower net debt burden relative to earnings.
AMC Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 67.3 | Neutral |
| Stochastic | 65.4 | Neutral |
AMC's weekly RSI is 67 (neutral) and its Stochastic is 65 (neutral).
JOYY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.5 | Neutral |
| Stochastic | 61.7 | Neutral |
JOYY's weekly RSI is 60 (neutral) and its Stochastic is 62 (neutral).
AMC PE vs Communication Services Sector
AMC has no meaningful PE right now: it lost money over the past year.
JOYY PE vs Communication Services Sector
| Metric | JOYY | Sector median | Relative |
|---|---|---|---|
| PE | 19x | 16x | 14% above |
| PE % | 90 | 26 | 64 pts above |
JOYY is trading at 19x earnings, a 14% premium to the Communication Services sector's median of 16x.
AMC Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.01 | 11% above |
| 20 week MA | $2.64 | 27% above |
| 50 week MA | $2.01 | 66% above |
| 100 week MA | $2.53 | 32% above |
| 200 week MA | $10.9 | 69% below |
AMC has bounced recently, but its long-term trend is still down: it's above its 8-, 20-, 50- and 100-week averages, but 69% below its 200-week average.
JOYY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.7 | 2.5% below |
| 20 week MA | $76.4 | 3.1% above |
| 50 week MA | $68.2 | 16% above |
| 100 week MA | $58.9 | 34% above |
| 200 week MA | $46.4 | 70% above |
JOYY's trend is up, with a small recent dip: it's below only its 8-week average, and 70% above its 200-week average.
AMC Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $36.5 | $12.6 | -66% |
| 2021 | $12.6 | $142.6 | +1036% |
| 2022 | $142.6 | $44.0 | -69% |
| 2023 | $44.0 | $6.12 | -86% |
| 2024 | $6.12 | $4.00 | -35% |
| 2025 | $4.00 | $1.69 | -58% |
| 2026 YTD | $1.69 | $3.34 | +98% |
AMC has the edge over JOYY on returns for 2026, with the stronger performance.
JOYY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.7 | $77.4 | +41% |
| 2021 | $77.4 | $49.6 | -36% |
| 2022 | $49.6 | $31.9 | -36% |
| 2023 | $31.9 | $39.7 | +24% |
| 2024 | $39.7 | $42.2 | +6.4% |
| 2025 | $42.2 | $66.0 | +56% |
| 2026 YTD | $66.0 | $78.7 | +19% |
JOYY has finished higher in four of the last six years. It's up 19% so far in 2026.