` TEN (Ten Square Games SA) vs NTES (NetEase Inc) Comparison - Alpha Spread

T
TEN
vs
NTES

Over the past 12 months, TEN has underperformed NTES, delivering a return of -4% compared to the NTES's +45% growth.

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TEN
NTES
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Stocks Compared:
TEN NTES
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Valuation Comparison

T
TEN Intrinsic Value
116.48 PLN
Undervaluation 30%
Intrinsic Value
Price
NTES Intrinsic Value
126 USD
Overvaluation 5%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
T
Ten Square Games SA
WSE:TEN
82 PLN
NetEase Inc
NASDAQ:NTES
133.06 USD
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Growth Comparison

Growth Over Time
TEN vs NTES

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NTES
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
T
Ten Square Games SA
Revenue
NetEase Inc
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
TEN vs NTES

TEN
NTES
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
T
Ten Square Games SA
WSE:TEN
NetEase Inc
NASDAQ:NTES
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What is Free Cash Flow?

Gross Margin

TEN
83.8%
NTES
62.7%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

Operating Margin

TEN
22.9%
NTES
30.2%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

Net Margin

TEN
20%
NTES
30.2%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

FCF Margin

TEN
27.8%
NTES
37.2%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

ROE

TEN
33.2%
NTES
23.9%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

ROA

TEN
19.2%
NTES
16.4%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

ROIC

TEN
30.9%
NTES
45.9%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

ROCE

TEN
33.8%
NTES
22.6%
LTM 3Y Avg 5Y Avg 10Y Avg
T
Ten Square Games SA
NetEase Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
TEN vs NTES

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TEN
NTES
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Performance Gap
TEN vs NTES

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TEN
NTES
Difference
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Performance By Year
TEN vs NTES

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