Tuya (TUYA) Competitors

$1.62
-0.02 (-1.22%)
(As of 04/25/2024 ET)

TUYA vs. GDYN, WEAV, KC, WKME, MOMO, PDFS, MGIC, ENFN, BASE, and SCWX

Should you be buying Tuya stock or one of its competitors? The main competitors of Tuya include Grid Dynamics (GDYN), Weave Communications (WEAV), Kingsoft Cloud (KC), WalkMe (WKME), Hello Group (MOMO), PDF Solutions (PDFS), Magic Software Enterprises (MGIC), Enfusion (ENFN), Couchbase (BASE), and SecureWorks (SCWX). These companies are all part of the "prepackaged software" industry.

Tuya vs.

Tuya (NYSE:TUYA) and Grid Dynamics (NASDAQ:GDYN) are both small-cap computer and technology companies, but which is the better investment? We will compare the two businesses based on the strength of their earnings, risk, profitability, dividends, analyst recommendations, valuation, institutional ownership, community ranking and media sentiment.

11.5% of Tuya shares are held by institutional investors. Comparatively, 71.2% of Grid Dynamics shares are held by institutional investors. 2.1% of Tuya shares are held by company insiders. Comparatively, 7.4% of Grid Dynamics shares 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.

In the previous week, Tuya had 2 more articles in the media than Grid Dynamics. MarketBeat recorded 11 mentions for Tuya and 9 mentions for Grid Dynamics. Grid Dynamics' average media sentiment score of 0.63 beat Tuya's score of 0.12 indicating that Grid Dynamics is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tuya
3 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Grid Dynamics
4 Very Positive mention(s)
3 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tuya currently has a consensus price target of $2.70, indicating a potential upside of 66.15%. Grid Dynamics has a consensus price target of $15.75, indicating a potential upside of 58.45%. Given Tuya's higher possible upside, research analysts plainly believe Tuya is more favorable than Grid Dynamics.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tuya
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Grid Dynamics
0 Sell rating(s)
0 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
3.00

Grid Dynamics received 50 more outperform votes than Tuya when rated by MarketBeat users. Likewise, 69.51% of users gave Grid Dynamics an outperform vote while only 38.89% of users gave Tuya an outperform vote.

CompanyUnderperformOutperform
TuyaOutperform Votes
7
38.89%
Underperform Votes
11
61.11%
Grid DynamicsOutperform Votes
57
69.51%
Underperform Votes
25
30.49%

Grid Dynamics has higher revenue and earnings than Tuya. Grid Dynamics is trading at a lower price-to-earnings ratio than Tuya, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tuya$229.99M3.56-$60.31M-$0.11-14.77
Grid Dynamics$312.91M2.41-$1.76M-$0.03-331.22

Tuya has a beta of 0.33, indicating that its stock price is 67% less volatile than the S&P 500. Comparatively, Grid Dynamics has a beta of 0.94, indicating that its stock price is 6% less volatile than the S&P 500.

Grid Dynamics has a net margin of -0.56% compared to Tuya's net margin of -26.23%. Grid Dynamics' return on equity of 6.77% beat Tuya's return on equity.

Company Net Margins Return on Equity Return on Assets
Tuya-26.23% -4.66% -4.27%
Grid Dynamics -0.56%6.77%5.83%

Summary

Grid Dynamics beats Tuya on 13 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TUYA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TUYA vs. The Competition

MetricTuyaPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$832.24M$21.31B$17.66B$17.48B
Dividend YieldN/A2.14%2.75%3.53%
P/E Ratio-14.7786.13219.5521.11
Price / Sales3.569.37525.0010.33
Price / Cash22.8465.5827.7117.68
Price / Book0.859.396.554.86
Net Income-$60.31M$369.03M$566.23M$964.96M
7 Day Performance2.52%3.65%1.92%1.22%
1 Month Performance-11.68%-2.25%-2.75%-2.16%
1 Year Performance-14.02%20.40%16.27%103.12%

Tuya Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GDYN
Grid Dynamics
2.9017 of 5 stars
$10.42
+0.4%
$15.75
+51.2%
-11.0%$791.61M$312.91M-347.223,920Upcoming Earnings
Insider Selling
News Coverage
Gap Down
WEAV
Weave Communications
3.2663 of 5 stars
$11.12
+2.1%
$14.00
+25.9%
+150.8%$789.30M$170.47M-24.71844Upcoming Earnings
KC
Kingsoft Cloud
1.8455 of 5 stars
$2.83
+3.3%
$4.55
+60.8%
-51.5%$717.94M$992.61M-2.199,517Gap Down
WKME
WalkMe
3.2005 of 5 stars
$8.03
+1.5%
$13.36
+66.3%
-25.6%$696.84M$266.95M-11.981,000
MOMO
Hello Group
3.8526 of 5 stars
$5.72
+0.2%
$14.25
+149.1%
-29.4%$1.07B$1.69B4.141,705Short Interest ↑
Positive News
Gap Down
PDFS
PDF Solutions
4.0775 of 5 stars
$30.17
+1.6%
$46.00
+52.5%
-19.6%$1.16B$165.84M431.00493
MGIC
Magic Software Enterprises
2.0399 of 5 stars
$11.75
+1.4%
$14.00
+19.1%
-11.3%$568.99M$556.65M15.674,161Short Interest ↑
ENFN
Enfusion
1.3843 of 5 stars
$9.35
+1.3%
$9.33
-0.2%
+13.1%$1.20B$174.54M116.891,102
BASE
Couchbase
3.745 of 5 stars
$24.09
+4.5%
$32.40
+34.5%
+59.6%$1.21B$180.04M-14.17796Short Interest ↑
SCWX
SecureWorks
1.1925 of 5 stars
$5.76
+2.7%
$7.08
+23.0%
-39.8%$508.55M$365.88M-5.701,516News Coverage
High Trading Volume

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This page (NYSE:TUYA) was last updated on 4/26/2024 by MarketBeat.com Staff

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