Analyzing Vy Global Growth (VYGG) & The Competition

Vy Global Growth (NYSE:VYGG – Get Rating) is one of 701 public companies in the “Holding & other investment offices” industry, but how does it contrast to its competitors? We will compare Vy Global Growth to similar businesses based on the strength of its institutional ownership, dividends, profitability, analyst recommendations, valuation, risk and earnings.

Analyst Recommendations

This is a summary of current recommendations for Vy Global Growth and its competitors, 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	177	728	988	20	2.44

As a group, “Holding & other investment offices” companies have a potential upside of 73.01%. Given Vy Global Growth’s competitors higher probable upside, analysts clearly believe Vy Global Growth has less favorable growth aspects than its competitors.

Risk and Volatility

Vy Global Growth has a beta of -0.18, indicating that its share price is 118% less volatile than the S&P 500. Comparatively, Vy Global Growth’s competitors have a beta of 0.00, indicating that their average share price is 100% less volatile than the S&P 500.

Valuation & Earnings

This table compares Vy Global Growth and its competitors top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Vy Global Growth	N/A	$18.43 million	19.12
Vy Global Growth Competitors	$1.22 billion	$61.54 million	-19.81

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.

Insider & Institutional Ownership

74.3% of Vy Global Growth shares are held by institutional investors. Comparatively, 56.7% of shares of all “Holding & other investment offices” companies are held by institutional investors. 24.0% of shares of all “Holding & other investment offices” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Profitability

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%

Summary

Vy Global Growth competitors 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.