Stock Analiz

NetEase, Inc. NTES

Computer Software: Prepackaged Software · data as of November 13, 2026

$122.17Market cap $78.0B
Open the interactive analysis →

NetEase, Inc. (NTES) is a technology company listed in the US with a market value of about $78.0B. In the twelve months to June 30, 2026 it had revenue of $17.5B and net income of $4.9B, a net margin of 27.9%.

Its overall Stock Analiz score is 4.4 out of 5 (excellent). The strongest part is value (5/5); the weakest is future growth (4/5).

Key numbers: a P/E of 17.0, a price to free cash flow of 10.4, 5-year revenue growth of 7% a year, a 5-year average ROIC of 17%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 26% above the current price.

Score: 4.4 / 5

Value5/5
Future growth4/5
Track record4/5
Financial health5/5
Shareholder returns4/5

Checks passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • Revenue growth above 10% last year
  • Profit margin improving
  • 3-year free cash flow growth above 10% a year

Checks not passed

  • 3-year revenue growth above 10% a year
  • 5-year revenue growth above 8% a year
  • Share count down over 3 years (buybacks)

Valuation

P/E (TTM)17.0
Forward P/E11.4
P/FCF10.4
P/S4.5
P/B3.1
EV/EBITDA8.3
PEG0.76
Dividend yield2.40%
FCF yield9.6%
Shareholder yield2.4%
Intrinsic value vs. price+26%

Growth and quality

Revenue growth (1 yr)11.7%
Revenue growth (5 yrs, per year)7.4%
EPS growth (5 yrs, per year)22.2%
FCF growth (3 yrs, per year)24.1%
Net margin (5-yr avg.)25.4%
ROIC (5-yr avg.)16.8%
Profitable years (of last 10)10
Years paying a dividend10

Financials, last 10 years

Fiscal yearTTM2025202420232022202120202019201820172016
Revenue$17.5B$16.1B$14.4B$14.6B$14.0B$13.7B$11.3B$8.5B$9.8B$8.3B$5.5B
Net income$4.9B$4.8B$4.1B$4.1B$2.9B$2.6B$1.8B$3.1B$895M$1.6B$1.7B
Free cash flow$7.5B$7.1B$5.3B$4.7B$3.7B$3.7B$3.7B$2.3B$1.6B$1.5B$2.1B
EPS (diluted)$7.55$7.57$6.38$6.49$4.62$4.15$2.90$4.78$1.40$2.58$2.62
Net margin27.9%30.0%28.2%28.4%21.1%19.2%16.4%35.9%9.2%19.8%30.4%
ROIC—19.0%17.9%19.0%14.2%13.5%14.1%18.3%12.6%22.2%28.1%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

Frequently asked questions

What is NetEase’s P/E ratio?

About 17.0, based on the last twelve months of diluted earnings per share (forward P/E about 11.4).

Is NetEase stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 26% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does NetEase pay a dividend?

Yes. The dividend yield is about 2.40%, and it has paid dividends for 10 years in our data.

Is NetEase a good stock to buy?

We do not give buy or sell advice. NetEase scores 4.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

Similar companies

Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.