Vy Global Growth (NYSE:VYGG – Get Rating) is one of 682 public companies in the “Holding & other investment offices” industry, but how does it compare to its competitors? We will compare Vy Global Growth to related businesses based on the strength of its valuation, earnings, dividends, profitability, institutional ownership, analyst recommendations and risk.
Institutional and Insider Ownership
85.5% of Vy Global Growth shares are held by institutional investors. Comparatively, 53.9% of shares of all “Holding & other investment offices” companies are held by institutional investors. 19.2% of shares of all “Holding & other investment offices” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
This table compares Vy Global Growth and its competitors 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||$71.90 million||-17.14|
Vy Global Growth’s competitors have higher revenue and earnings than Vy Global Growth. Vy Global Growth is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
This is a summary of current ratings and target prices for Vy Global Growth and its competitors, as reported 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||677||953||20||2.45|
As a group, “Holding & other investment offices” companies have a potential upside of 72.40%. Given Vy Global Growth’s competitors higher probable upside, analysts plainly believe Vy Global Growth has less favorable growth aspects than its competitors.
This table compares Vy Global Growth and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Vy Global Growth||N/A||-41.70%||1.49%|
|Vy Global Growth Competitors||49.62%||-28.80%||2.69%|
Volatility and Risk
Vy Global Growth has a beta of -0.24, indicating that its share price is 124% less volatile than the S&P 500. Comparatively, Vy Global Growth’s competitors have a beta of -0.06, indicating that their average share price is 106% less volatile than the S&P 500.
Vy Global Growth competitors beat Vy Global Growth on 8 of the 10 factors compared.
About Vy Global Growth (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.
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