Vy Global Growth (NYSE:VYGG – Get Rating) is one of 682 publicly-traded companies in the “Holding & other investment offices” industry, but how does it contrast to its peers? We will compare Vy Global Growth to similar companies based on the strength of its dividends, earnings, risk, valuation, profitability, analyst recommendations and institutional ownership.
Analyst Recommendations
This is a breakdown of current ratings and target prices for Vy Global Growth and its peers, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Vy Global Growth | 0 | 0 | 0 | 0 | N/A |
Vy Global Growth Competitors | 172 | 673 | 953 | 20 | 2.45 |
Volatility & Risk
Vy Global Growth has a beta of -0.24, suggesting that its stock price is 124% less volatile than the S&P 500. Comparatively, Vy Global Growth’s peers have a beta of -0.06, suggesting that their average stock price is 106% less volatile than the S&P 500.
Institutional and Insider Ownership
85.5% of Vy Global Growth shares are held by institutional investors. Comparatively, 50.7% of shares of all “Holding & other investment offices” companies are held by institutional investors. 23.4% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Profitability
This table compares Vy Global Growth and its peers’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Vy Global Growth | N/A | -41.71% | 1.49% |
Vy Global Growth Competitors | 49.62% | -28.80% | 2.69% |
Valuation and Earnings
This table compares Vy Global Growth and its peers gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Net Income | Price/Earnings Ratio | |
Vy Global Growth | N/A | $18.43 million | 19.13 |
Vy Global Growth Competitors | $1.23 billion | $57.83 million | -16.57 |
Vy Global Growth’s peers have higher revenue and earnings than Vy Global Growth. Vy Global Growth is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Summary
Vy Global Growth peers beat Vy Global Growth on 8 of the 10 factors compared.
Vy Global Growth Company Profile (Get Rating)
Vy Global Growth does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses in the financial, technology, and business services sectors. The company was incorporated in 2020 and is based in Grand Cayman, the Cayman Islands.
Receive News & Ratings for Vy Global Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vy Global Growth and related companies with MarketBeat.com's FREE daily email newsletter.