US · NTES
NetEase, Inc.
- Sector
- Technology · Electronic Gaming & Multimedia
- Headquarters
- Hangzhou 310052
- Website
- netease.gcs-web.com
Price · as of 2025-12-31
$117.98
Market cap 73.39B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $15.70 | -86.69% |
| Intrinsic Value(DCF) | $70.50 | -40.24% |
| Graham-Dodd Method(GD) | $27.00 | -77.11% |
| Graham Formula(GF) | $86.40 | -26.77% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2011 | $8.51 | $14.58 | $2.32 | $6.30 | $27.20 |
| 2012 | $8.70 | $14.94 | $3.38 | $7.10 | $15.50 |
| 2013 | $11.72 | $15.09 | $4.01 | $6.50 | $19.00 |
| 2014 | $15.92 | $16.59 | $21.81 | $3.80 | $35.10 |
| 2015 | $24.21 | $27.62 | $2,936.34 | $8.70 | $141.80 |
| 2016 | $49.55 | $45.23 | $18,215.27 | $12.40 | $180.00 |
| 2017 | $54.06 | $40.88 | $6,018.75 | $10.70 | $54.30 |
| 2018 | $39.42 | $24.71 | $1,088.63 | $11.80 | $30.20 |
| 2019 | $60.46 | $51.61 | $227.36 | $7.60 | $107.50 |
| 2020 | $98.14 | $59.84 | $219.75 | $16.50 | $80.50 |
| 2021 | $72.47 | $48.60 | $254.26 | $26.60 | $93.50 |
| 2022 | $77.27 | $64.47 | $131.62 | $22.20 | $78.10 |
| 2023 | $100.61 | $83.71 | $62.73 | $32.20 | $95.30 |
| 2024 | $100.18 | $98.44 | $33.79 | $25.60 | $63.50 |
| 2025 | $115.19 | $111.89 | $38.95 | $27.00 | $86.40 |
AI valuation
Our deep-learning model estimates NetEase, Inc.'s (NTES) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $15.70
- Current price
- $117.98
- AI upside
- -86.69%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$70.50
-40.24% upside
Graham-Dodd
$27.00
-77.11% upside
Graham Formula
$86.40
-26.77% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| NTES | NetEase, Inc. | $117.98 | 73.39B | -5% | -40% | -77% | -27% | 15.94 | 3.26 | 4.78 | 9.80 | 145.07 | 3.26 | 64.29% | 31.82% | 29.98% | 21.96% | 434.58% | 15.73% | 0.04 | — | 3.45 | 3.29 | -1.22 | 1099.00% | 405.00% | 2896.00% | 9.23% | 0.94 | 706.85% | 2.57% | 41.00% | 3.94% | 10.41 | 7.51 | 3.31 | 7.28 |
| CDNS | Cadence Design Systems, I… | $301.40 | 82.18B | -34% | -45% | -90% | -71% | 74.23 | 15.04 | 15.54 | 43.82 | 1360.86 | 41.02 | 85.61% | 31.15% | 20.94% | 21.85% | 25.50% | 11.59% | 0.45 | 14.16 | 2.86 | 2.41 | -0.28 | 545.00% | 1412.00% | 4194.00% | 1.93% | 1.06 | 33.67% | 0.00% | 0.00% | 1.69% | 49.58 | 51.54 | 15.44 | 11.97 |
| DELL | Dell Technologies Inc. | $147.95 | 99.16B | -21% | +913% | — | +51% | 17.90 | -43.02 | 0.94 | 17.38 | 54.91 | -4.00 | 20.00% | 7.18% | 5.23% | -300.40% | 36.04% | 6.56% | -12.75 | — | 0.91 | 0.46 | 2.75 | 3260.00% | 1880.00% | 35757.00% | 8.05% | 0.18 | 46.28% | 1.37% | 24.60% | 7.94% | 15.49 | 14.76 | 1.11 | 1.98 |
| GLW | Corning Incorporated | $150.38 | 129.02B | -50% | -51% | -98% | -67% | 85.06 | 11.50 | 8.69 | 38.68 | 38.85 | 15.67 | 35.28% | 14.91% | 10.21% | 14.19% | 10.55% | 5.44% | 0.87 | 6.94 | 1.59 | 0.76 | 2.33 | 21897.00% | 1914.00% | 4507.00% | 1.04% | 0.48 | 7.53% | 0.74% | 62.60% | 0.86% | 61.97 | 102.23 | 9.24 | 5.99 |
| INFY | Infosys Limited | $14.44 | 58.55B | +113% | -43% | — | -38% | 23.49 | 6.62 | 3.85 | 13.96 | — | 7.65 | 30.46% | 21.12% | 16.39% | 29.05% | 36.48% | 18.63% | 0.09 | 82.74 | 2.27 | 2.09 | -0.37 | 0.00% | 385.00% | 4185.00% | 5.50% | 0.87 | 51.50% | 3.25% | 76.40% | 4.77% | 17.37 | 17.30 | 3.67 | 10.74 |
| MSTR | Strategy Inc | $129.50 | 35.95B | -52% | -46% | -34% | — | -10.52 | 0.79 | 84.80 | -8.54 | -6.95 | -5.18 | 68.69% | -1140.82% | -844.76% | -11.11% | -9.19% | -8.80% | 0.16 | -83.80 | 5.62 | 5.50 | -1.10 | 15132.00% | 297.00% | -9953.00% | -0.26% | -0.15 | -0.25% | 0.94% | -9.90% | 4.01% | -8.53 | -445.58 | 97.33 | 2.19 |
| NET | Cloudflare, Inc. | $172.19 | 60.59B | -43% | +30% | -99% | — | -616.73 | 43.23 | 29.09 | 302.13 | -2364.13 | 52.97 | 74.43% | -9.38% | -4.72% | -8.16% | -23.81% | -2.19% | 2.54 | -23.19 | 1.98 | 1.92 | 13.29 | 2609.00% | 2985.00% | 6598.00% | 0.51% | 0.28 | 37.99% | 0.00% | 0.00% | 0.00% | -308.27 | 193.24 | 28.91 | 8.69 |
| RBLX | Roblox Corporation | $68.66 | 48.66B | -22% | +145% | — | — | -43.67 | 117.89 | 9.51 | -56.21 | -628.80 | 199.07 | 78.07% | -25.20% | -21.78% | -345.84% | 175.17% | -12.73% | 4.15 | -30.79 | 0.96 | 0.77 | -0.54 | 694.00% | 3577.00% | 11090.00% | 2.91% | 0.35 | -192.66% | 0.00% | 0.00% | 1.42% | -36.59 | 33.27 | 9.22 | 2.36 |
| SNOW | Snowflake Inc. | $168.41 | 57.63B | -40% | +67% | — | — | -43.25 | 28.47 | 12.27 | -51.88 | -1855.09 | 99.45 | 67.17% | -30.64% | -28.43% | -52.96% | -161.41% | -14.63% | 1.36 | -172.95 | 1.30 | 1.21 | 0.08 | 233.00% | 2916.00% | 2264.00% | 1.95% | 0.28 | 126.00% | 0.00% | 0.00% | 1.77% | -39.16 | 50.16 | 12.00 | 5.02 |
| SNPS | Synopsys, Inc. | $414.00 | 79.21B | -2% | -26% | -88% | -54% | 63.09 | 2.97 | 11.92 | 38.18 | — | -7.48 | 76.98% | 12.97% | 18.89% | 7.15% | 3.88% | 4.35% | 0.50 | 2.05 | 1.62 | 1.20 | 4.56 | -4459.00% | 1512.00% | 509.00% | 1.60% | 0.41 | 5.96% | 0.00% | 0.00% | 0.00% | 104.33 | 70.75 | 13.53 | 3.10 |
| TEL | TE Connectivity Ltd. | $230.15 | 67.56B | -25% | -36% | -96% | -58% | 37.67 | 5.51 | 4.06 | 18.13 | — | 21.47 | 34.56% | 18.79% | 10.78% | 14.77% | 10.91% | 7.69% | 0.52 | 41.70 | 1.56 | 0.91 | 1.29 | -4037.00% | 785.00% | 1452.00% | 4.62% | 0.81 | 18.91% | 1.16% | 43.60% | 3.10% | 23.26 | 23.32 | 4.37 | 5.39 |
About NetEase, Inc.
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; Cloud Music; and Innovative Businesses and Others segments. It develops and operates PC and mobile games, as well as offers games licensed from other game developers. The company's products and services include Youdao Dictionary, an online knowledge tool; Youdao Translation, a tool specifically designed to support translation needs of business and leisure travelers; U-Dictionary, an online dictionary and translation app; Youdao Kids' Dictionary, a smart and fun tool; smart devices, such as Youdao Dictionary Pen, Youdao Smart Learning Pad, and Youdao Listening Pod; online courses; interactive learning apps; and education digitalization solutions, such as Youdao Smart Learning Terminal, a device that automates paper-based homework processing; Youdao Smart Cloud, a cloud-based platform that allows third-party app developers, smart device brands, and manufacturers to the company's OCR capabilities; and Youdao Sports, a sports-centric educational system. Its products and services include NetEase Cloud Music, a music streaming platform; Yanxuan, an e-commerce platform, which sells private label products; www.163.com portal and related mobile app, Wangyi Xinwen, which deliver information such as news, sports events, technology, fashion trends, and online entertainment; NetEase Mail, an email service; NetEase CC Live streaming, a live streaming platform with a focus on game broadcasting; and NetEase Pay, a payment platform. The company was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. NetEase, Inc. was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.
- CEO
- Lei Ding
- Employees
- 26.03K
- Beta
- 0.92
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($70.50 ÷ $117.98) − 1 = -40.24% (DCF, example).