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.
Earnings per share grew at a 7.9% CAGR.
Current Price
$117.98
+0.40%GoodMoat Value
$261.73
121.8% undervaluedNetEase Inc (NTES) Stock Analysis
NTES Financial Charts
FCF vs CAPEX
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
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
| Metric | Value |
|---|---|
| Market Cap | $75.30B |
| P/E Ratio | 15.23 |
| EPS | $7.44 |
| P/B Ratio | 3.31 |
| P/S Ratio | 4.78 |
| EV/EBITDA | 8.83 |
| Dividend Yield | 2.61% |
| Profit Margin | 29.9% |
| Return on Equity | 20.7% |
| Debt/Equity | 0.04 |
NTES Revenue & Earnings History
| Year | Revenue | Net 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.