Valuation NetEase, Inc. Nasdaq

Stocks

Real-time Estimate Cboe BZX Other stock markets 10:56:21 2026-07-23 am EDT			5-day change	1st Jan Change
120.22 ^USD	-0.82%		-7.86%	-12.74%

Jul. 18	China's DeepSeek to raise fresh capital at $74 billion valuation ahead of onshore IPO, sources say	RE
Jul. 17	NetEase Games And Starry Studio Launch Once Human On PlayStation 5 And XBOX Series X\|S With New First-Person Perspective And Full Crossplay	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	417,313	314,113	398,949	412,006	610,925	533,652	-	-
Change	-	-24.73%	27.01%	3.27%	48.28%	-12.65%	-	-
Enterprise Value (EV) ¹	349,811	251,355	296,333	297,415	477,502	356,683	330,843	305,215
Change	-	-28.15%	17.89%	0.37%	60.55%	-25.3%	-7.24%	-7.75%
P/E	25.6x	16.4x	14.1x	14.2x	18.4x	13.5x	12.3x	11.1x
PBR	4.48x	3.16x	3.3x	3x	3.83x	2.88x	2.53x	2.25x
PEG	-	0.7x	0.3x	9.18x	1.3x	0.8x	1.2x	1.1x
Capitalization / Revenue	4.76x	3.26x	3.86x	3.91x	5.42x	4.41x	4.09x	3.8x
EV / Revenue	3.99x	2.6x	2.86x	2.82x	4.24x	2.95x	2.54x	2.17x
EV / EBITDA	17.8x	11.2x	9.63x	9.29x	12.5x	7.66x	6.63x	5.58x
EV / EBIT	21.3x	12.8x	10.7x	10.1x	13.3x	8.17x	6.98x	5.87x
EV / FCF	16x	10x	8.97x	7.93x	9.8x	7.85x	7.28x	5.51x
FCF Yield	6.24%	9.97%	11.1%	12.6%	10.2%	12.7%	13.7%	18.1%
Dividend per Share ²	1.481	1.916	3.688	3.751	4.113	4.379	5.489	6.251
Rate of return	1.15%	1.89%	2.89%	2.88%	2.13%	2.63%	3.29%	3.75%
EPS ²	5.01	6.17	9.05	9.19	10.48	12.32	13.57	14.99
Distribution rate	29.6%	31.1%	40.8%	40.8%	39.2%	35.5%	40.5%	41.7%
Net sales ¹	87,606	96,496	103,468	105,295	112,626	120,907	130,347	140,459
EBITDA ¹	19,693	22,487	30,764	32,002	38,082	46,576	49,870	54,678
EBIT ¹	16,417	19,629	27,709	29,584	35,835	43,657	47,402	52,032
Net income ¹	16,857	20,338	29,417	29,698	33,760	39,363	43,118	46,960
Net Debt ¹	-67,502	-62,758	-102,617	-114,592	-133,423	-176,969	-202,809	-228,437
Reference price ²	128.31	101.28	127.62	130.05	192.85	166.70	166.70	166.70
Nbr of stocks (in thousands)	3,252,359	3,101,359	3,125,972	3,167,959	3,167,959	3,201,251	-	-
Announcement Date	2/24/22	2/23/23	2/29/24	2/20/25	2/11/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NEXON CO., LTD.	15.77x	1.91x	6.61x	2.7%	10.72B
KRAFTON, INC.	10.53x	1.51x	4.42x	0.98%	6.86B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	13.21x	2.25x	10.4x	6.16%	6.12B
SQUARE ENIX HOLDINGS CO., LTD.	24.52x	2.08x	10.41x	1.86%	5.55B
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	13.34x	3.17x	7.92x	5.72%	3.78B
KOEI TECMO HOLDINGS CO., LTD.	14.36x	4.59x	11.14x	3.67%	3.12B
PERFECT WORLD CO., LTD.	11.88x	1.88x	7.98x	8.4%	3B
NC CORPORATION	9.92x	0.99x	4.56x	0.59%	2.86B
XD INC.	9.6x	1.8x	5.49x	0.93%	2.55B
Average	13.68x	2.24x	7.66x	3.45%	4.95B
Weighted average by Cap.	14.40x	2.14x	7.59x	3.28%