NetEase Inc
NASDAQ:NTES

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NetEase Inc
NASDAQ:NTES
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Price: 92.09 USD 0.3% Market Closed
Market Cap: 59.4B USD
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Relative Value

The Relative Value of one NTES stock under the Base Case scenario is 98.31 USD. Compared to the current market price of 92.09 USD, NetEase Inc is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NTES Relative Value
Base Case
98.31 USD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
18
Median 3Y
4.2
Median 5Y
4.6
Industry
1.5
Forward
4
vs History
65
vs Industry
29
Median 3Y
17.5
Median 5Y
17.6
Industry
17.9
Forward
13.4
vs History
90
vs Industry
30
Median 3Y
13.6
Median 5Y
15.1
Industry
11.5
vs History
85
vs Industry
24
Median 3Y
15.1
Median 5Y
15.6
Industry
15.7
vs History
84
vs Industry
19
Median 3Y
3.8
Median 5Y
4.1
Industry
1.7
vs History
82
vs Industry
24
Median 3Y
3.3
Median 5Y
3.6
Industry
1.6
Forward
3
vs History
85
vs Industry
29
Median 3Y
5.7
Median 5Y
6.5
Industry
3.3
vs History
87
vs Industry
25
Median 3Y
12.5
Median 5Y
14.1
Industry
8.7
Forward
9.4
vs History
88
vs Industry
28
Median 3Y
14.4
Median 5Y
16
Industry
12.2
Forward
10.7
vs History
88
vs Industry
37
Median 3Y
10.6
Median 5Y
12.1
Industry
10.6
vs History
90
vs Industry
35
Median 3Y
11.9
Median 5Y
13.8
Industry
13.4
vs History
73
vs Industry
11
Median 3Y
5.6
Median 5Y
5.7
Industry
1.4

Multiples Across Competitors

NTES Competitors Multiples
NetEase Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
NetEase Inc
NASDAQ:NTES
59.4B USD 4.1 15.7 10.3 11.2
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
JP
Nintendo Co Ltd
TSE:7974
10.6T JPY 7.6 32.4 22.4 23.2
SG
Sea Ltd
NYSE:SE
63.5B USD 4.1 653.3 82.7 204.2
US
Electronic Arts Inc
NASDAQ:EA
38.9B USD 5.2 37.2 19.5 25
US
Roblox Corp
NYSE:RBLX
39.4B USD 11.7 -37.9 -40.4 -32.5
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
31.9B USD 5.9 -8.8 55.8 -69.6
JP
Konami Holdings Corp
TSE:9766
2T JPY 5.2 29.4 15.1 19
JP
Nexon Co Ltd
TSE:3659
1.9T JPY 4.2 31 9.3 10
KR
Krafton Inc
KRX:259960
14.2T KRW 5.4 17.7 8.7 9.5
JP
Capcom Co Ltd
TSE:9697
1.4T JPY 10.6 42.6 27.2 30
P/E Multiple
Earnings Growth P/E to Growth
CN
NetEase Inc
NASDAQ:NTES
Average P/E: 99.3
15.7
32%
0.5
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
151%
0.2
JP
Nintendo Co Ltd
TSE:7974
32.4
8%
3.9
SG
Sea Ltd
NYSE:SE
653.3
1 297%
0.5
US
Electronic Arts Inc
NASDAQ:EA
37.2
100%
0.4
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -37.9 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -8.8 N/A N/A
JP
Konami Holdings Corp
TSE:9766
29.4
57%
0.5
JP
N
Nexon Co Ltd
TSE:3659
31
117%
0.3
KR
Krafton Inc
KRX:259960
17.7
84%
0.2
JP
Capcom Co Ltd
TSE:9697
42.6
42%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
NetEase Inc
NASDAQ:NTES
Average EV/EBITDA: 27.6
10.3
32%
0.3
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
119%
0.2
JP
Nintendo Co Ltd
TSE:7974
22.4
7%
3.2
SG
Sea Ltd
NYSE:SE
82.7
413%
0.2
US
Electronic Arts Inc
NASDAQ:EA
19.5
62%
0.3
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -40.4 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
55.8
224%
0.2
JP
Konami Holdings Corp
TSE:9766
15.1
34%
0.4
JP
N
Nexon Co Ltd
TSE:3659
9.3
29%
0.3
KR
Krafton Inc
KRX:259960
8.7
77%
0.1
JP
Capcom Co Ltd
TSE:9697
27.2
49%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
NetEase Inc
NASDAQ:NTES
Average EV/EBIT: 40.1
11.2
36%
0.3
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
153%
0.2
JP
Nintendo Co Ltd
TSE:7974
23.2
N/A N/A
SG
Sea Ltd
NYSE:SE
204.2
650%
0.3
US
Electronic Arts Inc
NASDAQ:EA
25
89%
0.3
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -32.5 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -69.6 N/A N/A
JP
Konami Holdings Corp
TSE:9766
19
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
10
N/A N/A
KR
Krafton Inc
KRX:259960
9.5
88%
0.1
JP
Capcom Co Ltd
TSE:9697
30
N/A N/A

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