Valuation NetEase, Inc. Deutsche Boerse AG

Stocks

Real-time Estimate Tradegate 05:32:29 2026-08-19 am EDT			5-day change	1st Jan Change
106.00 ^EUR	+0.95%		-1.85%	-11.67%

Aug. 17	US Equity Investors to Focus on Fed Policy Minutes, PMIs Alongside Trump's Move to Inflict Intense Economic Pain on Iran	MT
Aug. 14	S&P 500 Ekes Out Weekly Gain Amid Growing Probability of Fed Pause Extension	MT

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	533,358	-	-
Change	-	-24.73%	27.01%	3.27%	48.28%	-12.7%	-	-
Enterprise Value (EV) ¹	349,811	251,355	296,333	297,415	477,502	356,797	331,243	305,848
Change	-	-28.15%	17.89%	0.37%	60.55%	-25.28%	-7.16%	-7.67%
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	2.87x	2.52x	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	4.1x	3.8x
EV / Revenue	3.99x	2.6x	2.86x	2.82x	4.24x	2.95x	2.54x	2.18x
EV / EBITDA	17.8x	11.2x	9.63x	9.29x	12.5x	7.66x	6.64x	5.59x
EV / EBIT	21.3x	12.8x	10.7x	10.1x	13.3x	8.17x	6.99x	5.88x
EV / FCF	16x	10x	8.97x	7.93x	9.8x	7.86x	7.29x	5.52x
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	4.357	5.456	6.201
Rate of return	1.15%	1.89%	2.89%	2.88%	2.13%	2.62%	3.27%	3.72%
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%	35.4%	40.2%	41.4%
Net sales ¹	87,606	96,496	103,468	105,295	112,626	120,854	130,212	140,247
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	-176,561	-202,115	-227,510
Reference price ²	128.31	101.28	127.62	130.05	192.85	166.61	166.61	166.61
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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NETEASE, INC.	13.52x	2.95x	7.66x	2.62%	79.09B
NEXON CO., LTD.	20.14x	3.55x	12.89x	15.59%	14.75B
KRAFTON, INC.	11.09x	1.46x	4.29x	1%	7.03B
SQUARE ENIX HOLDINGS CO., LTD.	25.54x	2.42x	11.41x	1.75%	6.52B
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	13.44x	2.3x	10.59x	6.06%	6.25B
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	14.19x	3.3x	8.75x	5.22%	4.07B
KOEI TECMO HOLDINGS CO., LTD.	15.22x	5.17x	12.25x	3.3%	3.48B
PERFECT WORLD CO., LTD.	14.53x	2.26x	10.8x	5.96%	3.35B
NC CORPORATION	10.37x	1.08x	4.93x	1.28%	3.16B
Average	15.34x	2.72x	9.29x	4.75%	14.19B
Weighted average by Cap.	14.78x	2.89x	8.59x	4.31%