Skip to main content

NetEase Inc

Exchange: NASDAQSector: Communication ServicesIndustry: Electronic Gaming & Multimedia
Values in USD · ADR · Reports in CNY

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest-running mobile and PC games available in China and globally. Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world. Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO ), an intelligent learning and advertising solutions provider, and NetEase Cloud Music (HKEX: 9899), a well-known online music platform featuring a vibrant content community, as well as Yanxuan, NetEase's private-label consumer lifestyle brand.

Did you know?

Earnings per share grew at a 7.9% CAGR.

Current Price

$117.98

+0.40%

GoodMoat Value

$261.73

121.8% undervalued
Profile
Valuation (TTM)
Market Cap$75.30B
P/E15.23
EV
P/B3.31
Shares Out638.25M
P/Sales4.78
Revenue$15.75B
EV/EBITDA8.83

NetEase Inc (NTES) Stock Analysis

NTES Price Chart

Market Cap$75.30B
Current Price$117.98
P/E Ratio15.23
Forward P/E
PEG Ratio-0.52
EPS$7.44
Book Value$35.67
P/B Ratio3.31

NTES Financial Charts

FCF vs CAPEX

FCFCAPEX

Forward estimates use 23.1% FCF growth (CAGR)

Cash vs Debt

Net Cash: 19.5B

Revenue

8.5B

FY19

11.3B

FY20

13.7B

FY21

13.8B

FY22

14.6B

FY23

14.4B

FY24

16.0B

FY25

Net Income

3.0B

FY19

1.8B

FY20

2.6B

FY21

2.9B

FY22

4.1B

FY23

4.1B

FY24

4.8B

FY25

NTES 52-Week Range

$101.05
$157.17
50-Day MA: $114.36200-Day MA: $131.16
Did you know?

Earnings per share grew at a 7.9% CAGR.

NetEase Inc (NTES) Financial Summary

NetEase Inc (NTES) is a Communication Services company in the Electronic Gaming & Multimedia industry, listed on NASDAQ. The stock currently trades at $117.98 with a market capitalization of $75.30B.

Key valuation metrics include a P/E ratio of 15.23, price-to-book ratio of 3.31, and EPS of $7.44. The company reports a profit margin of 29.9% and return on equity of 20.7%.

NTES Key Financial Metrics

MetricValue
Market Cap$75.30B
P/E Ratio15.23
EPS$7.44
P/B Ratio3.31
P/S Ratio4.78
EV/EBITDA8.83
Dividend Yield2.61%
Profit Margin29.9%
Return on Equity20.7%
Debt/Equity0.04

NTES Revenue & Earnings History

YearRevenueNet Income
FY19$8.46B$3.03B
FY20$11.26B$1.84B
FY21$13.69B$2.63B
FY22$13.84B$2.92B
FY23$14.59B$4.15B
FY24$14.42B$4.07B
FY25$16.00B$4.80B

NetEase Inc (NTES) Valuation

Based on GoodMoat's DCF model, NetEase Inc has a fair value estimate of $261.73. At the current price of $117.98, the stock appears 54.9% undervalued relative to our intrinsic value estimate.

NTES Quality Indicators

NetEase Inc maintains a profit margin of 29.9% and an operating margin of 31.8%. Return on equity stands at 20.7%. The current ratio is 3.45. Debt-to-equity ratio is 0.04.

About NetEase Inc

NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase") is a leading internet and game services provider centered around premium content. With extensive offerings across its expanding gaming ecosystem, the Company develops and operates some of the most popular and longest-running mobile and PC games available in China and globally. Powered by one of the largest in-house game R&D teams focused on mobile, PC and console, NetEase creates superior gaming experiences, inspires players, and passionately delivers value for its thriving community worldwide. By infusing play with culture, and education with technology, NetEase transforms gaming into a meaningful vehicle to build a more entertaining and enlightened world. Beyond games, NetEase service offerings include its majority-controlled subsidiaries Youdao (NYSE: DAO ), an intelligent learning and advertising solutions provider, and NetEase Cloud Music (HKEX: 9899), a well-known online music platform featuring a vibrant content community, as well as Yanxuan, NetEase's private-label consumer lifestyle brand.

NTES Free Cash Flow

NetEase Inc generated $6.92B in trailing twelve-month free cash flow, representing an FCF yield of 9.19%. This strong FCF yield suggests the company generates substantial cash relative to its market value.

NTES Shares Outstanding

NetEase Inc has 0.64 billion shares outstanding at a share price of $117.98, giving it a market capitalization of $75.30B.