NetEaseNETTF -0.98%94 EV-to-EBIT is 9.51 as of Jun. 26, 2026, which is 42% below its 10-year median of 16.48. GuruFocus rates NETTF with a GF Score™ of 94/100 and a GF Value™ of $25.38 (Fairly Valued). Among 342 Interactive Media companies, NetEase ranks worse than 50.88% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NetEase's Enterprise Value is $51,410 Mil.
NetEase's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $5,404 Mil. Therefore, NetEase's EV-to-EBIT for today is 9.51.
The historical rank and industry rank for NetEase's EV-to-EBIT or its related term are showing as below:
NETTF'
s EV-to-EBIT Range Over the Past 10 Years
Min: 8.21 Med: 16.48 Max: 38.26
Current: 9.45
During the past 13 years, the highest EV-to-EBIT of NetEase was 38.26. The lowest was 8.21. And the median was 16.48.
NETTF's EV-to-EBIT is ranked worse than 50.88% of 342
companies
in the Interactive Media industry
Industry Median: 9.205
vs NETTF: 9.45
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
NetEase's Enterprise Value for the quarter that ended in Mar. 2026 was $39,613 Mil.
NetEase's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,404 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NetEase EV-to-EBIT Related Terms
NetEase EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for NetEase's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Electronic Gaming & Multimedia subindustry, NetEase's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NetEase EV-to-EBIT vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where NetEase's EV-to-EBIT falls into.
NetEase's current Enterprise Value is $51,410 Mil.
NetEase's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,404 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NetEase (NETTF) has a EV-to-EBIT of 9.51 as of Jun. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NetEase and its competitors. This is 42% below median its historical median of 16.48. Over the past decade, NetEase's EV-to-EBIT has ranged from 8.21 to 38.26. According to the industry distribution chart, NetEase ranks #174 out of 342 companies in the Interactive Media industry, placing it in the top 50.9%.
Is NetEase's EV-to-EBIT too high?
NetEase's current EV-to-EBIT of 9.51 is 42% below median its 10-year median of 16.48. Over the past 10 years, this metric has ranged from a low of 8.21 to a high of 38.26. The Interactive Media industry median EV-to-EBIT is 9.21. NetEase's value of 9.51 is 3.3% above this industry median. Based on the distribution chart, NetEase ranks #174 out of 342 companies in the Interactive Media industry, which is below the industry midpoint. Overall, NetEase has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NetEase's EV-to-EBIT compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #174 out of 342 companies for EV-to-EBIT. This places NetEase in the lower half of its industry. The industry median EV-to-EBIT is 9.21. NetEase's value of 9.51 is 3.3% above this benchmark. Historically, NetEase's own EV-to-EBIT has ranged from 8.21 to 38.26 over the past decade. While the company's 10-year median is 16.48 vs. the industry median of 9.21, NetEase has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Interactive Media company?
The median EV-to-EBIT among Interactive Media companies is 9.21, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current EV-to-EBIT of 9.51 is 3.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on NetEase and its competitors. For the Interactive Media industry, the median EV-to-EBIT is 9.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current EV-to-EBIT is 9.51, which is 42% below median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetEase stock overvalued right now?
Based on GuruFocus' analysis, NetEase (NETTF) is currently considered Fairly Valued. The stock's GF Value™ is $25.38, compared to a current price of $24.26 — trading 4.4% below its estimated fair value. The current EV-to-EBIT is 9.51, which is 42% below median its 10-year median of 16.48 and 3.3% above the Interactive Media industry median of 9.21. NetEase's overall GF Score™ is 94/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For NetEase (NETTF), the current EV-to-EBIT is 9.51 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NetEase (NETTF) Overvalued in 2026?
Based on GuruFocus' analysis, NetEase stock appears to be undervalued.
The current stock price of $24.26 is trading 4.4% below its estimated GF Value™ of $25.38.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
EV-to-EBIT: 9.51 (42% below median its 10-year median of 16.48)
GF Value™: $25.38 vs. price of $24.26 (4.4% below fair value)
Industry Position: 3.3% above the Interactive Media median (#174 of 342)
No single metric tells the full story. See the NETTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in the late 1990s as an internet portal, NetEase has evolved into China's second-largest online gaming company. Its early success was anchored by the massively multiplayer online role-playing game Fantasy Westward Journey, which laid the foundation for a durable franchise strategy. Over the past decade, the company has expanded its portfolio with successful titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which continue to maintain sizable and engaged player bases.In addition to its in-house development capabilities, NetEase partners with global IP holders such as Microsoft and Marvel to develop and publish titles based on established franchises, including World of Warcraft, Diablo Immortal, and Marvel Rivals, further strengthening its global presence.
94GF Score
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