NetEase Inc
HKEX:9999

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NetEase Inc
HKEX:9999
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Price: 222.6 HKD -2.71% Market Closed
Market Cap: 717.3B HKD

Relative Value

The Relative Value of one NetEase Inc stock under the Base Case scenario is 182.57 HKD. Compared to the current market price of 222.6 HKD, NetEase Inc is Overvalued by 18%.

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.

Relative Value
Base Case
182.57 HKD
Overvaluation 18%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
3
vs Industry
18
Median 3Y
4.4
Median 5Y
4.5
Industry
1.5
Forward
5.5
vs History
42
vs Industry
26
Median 3Y
16.6
Median 5Y
17.7
Industry
17.2
Forward
16
vs History
47
vs Industry
29
Median 3Y
12.7
Median 5Y
13.5
Industry
11.1
vs History
44
vs Industry
24
Median 3Y
15.1
Median 5Y
15.1
Industry
15.4
vs History
20
vs Industry
20
Median 3Y
3.5
Median 5Y
3.8
Industry
1.8
vs History
6
vs Industry
23
Median 3Y
3.4
Median 5Y
3.5
Industry
1.6
Forward
4.3
vs History
19
vs Industry
28
Median 3Y
5.5
Median 5Y
6
Industry
3.5
vs History
36
vs Industry
26
Median 3Y
11.7
Median 5Y
13.3
Industry
8.9
Forward
12.4
vs History
46
vs Industry
28
Median 3Y
13.2
Median 5Y
14.2
Industry
12.7
Forward
13.4
vs History
46
vs Industry
35
Median 3Y
9.8
Median 5Y
10.5
Industry
10.5
vs History
52
vs Industry
33
Median 3Y
10.2
Median 5Y
11.3
Industry
12.7
vs History
3
vs Industry
10
Median 3Y
6
Median 5Y
5.9
Industry
1.4

Multiples Across Competitors

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
HKEX:9999
92.2B HKD 5.8 17.8 13.4 14.3
CN
Blue Hat Interactive Entertainment Technology
NASDAQ:BHAT
100.5T USD 5 297 015.8 -11 061 993.4 -17 846 163.8 -17 524 998.2
SG
Sea Ltd
NYSE:SE
83.8B USD 4 59.1 46.6 46.6
JP
Nintendo Co Ltd
TSE:7974
12.4T JPY 7.1 33.6 31.8 33.6
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
57.6B USD 12.9 -59.5 -61.7 -49.9
US
Electronic Arts Inc
NASDAQ:EA
50.9B USD 7 57.5 32.7 41
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
47.6B USD 7.6 -11.9 55.3 -131.2
JP
Nexon Co Ltd
TSE:3659
3.2T JPY 7.4 28.1 19.5 21.4
CN
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
137.5B CNY 4 36.5 22.8 22.8
JP
Konami Holdings Corp
TSE:9766
2.9T JPY 6.4 34.7 18.1 23.3
P/E Multiple
Earnings Growth PEG
CN
NetEase Inc
HKEX:9999
Average P/E: 37.7
17.8
17%
1
CN
Blue Hat Interactive Entertainment Technology
NASDAQ:BHAT
Negative Multiple: -11 061 993.4 N/A N/A
SG
Sea Ltd
NYSE:SE
59.1
97%
0.6
JP
Nintendo Co Ltd
TSE:7974
33.6
31%
1.1
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -59.5 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
57.5
33%
1.7
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -11.9 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
28.1
1%
28.1
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
36.5
94%
0.4
JP
Konami Holdings Corp
TSE:9766
34.7
21%
1.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
NetEase Inc
HKEX:9999
Average EV/EBITDA: 29.5
13.4
16%
0.8
CN
Blue Hat Interactive Entertainment Technology
NASDAQ:BHAT
Negative Multiple: -17 846 163.8 N/A N/A
SG
Sea Ltd
NYSE:SE
46.6
75%
0.6
JP
Nintendo Co Ltd
TSE:7974
31.8
36%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -61.7 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
32.7
20%
1.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
55.3
60%
0.9
JP
N
Nexon Co Ltd
TSE:3659
19.5
7%
2.8
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
22.8
54%
0.4
JP
Konami Holdings Corp
TSE:9766
18.1
15%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
NetEase Inc
HKEX:9999
Average EV/EBIT: 29
14.3
16%
0.9
CN
Blue Hat Interactive Entertainment Technology
NASDAQ:BHAT
Negative Multiple: -17 524 998.2 N/A N/A
SG
Sea Ltd
NYSE:SE
46.6
88%
0.5
JP
Nintendo Co Ltd
TSE:7974
33.6
N/A N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -49.9 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
41
26%
1.6
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -131.2 N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
21.4
N/A N/A
CN
Z
Zhejiang Century Huatong Group Co Ltd
SZSE:002602
22.8
48%
0.5
JP
Konami Holdings Corp
TSE:9766
23.3
N/A N/A