NetEaseNETTF -0.98%94 EV-to-OCF is 7.14 as of Jun. 25, 2026, which is 44% below its 10-year median of 12.84. GuruFocus rates NETTF with a GF Score™ of 94/100 and a GF Value™ of $24.76 (Fairly Valued). Among 565 Interactive Media companies, NetEase ranks worse than 63.19% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NetEase's Enterprise Value is $53,031 Mil.
NetEase's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $7,428 Mil. Therefore, NetEase's EV-to-OCF for today is 7.14.
The historical rank and industry rank for NetEase's EV-to-OCF or its related term are showing as below:
NETTF'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.03 Med: 12.84 Max: 22.79
Current: 7.12
During the past 13 years, the highest EV-to-OCF of NetEase was 22.79. The lowest was 6.03. And the median was 12.84.
NETTF's EV-to-OCF is ranked worse than 63.19% of 565
companies
in the Interactive Media industry
Industry Median: 3.48
vs NETTF: 7.12
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
NetEase's share price for today is $24.26.
NetEase's Earnings per Share (Diluted) 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 $1.501.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
NetEase EV-to-OCF Related Terms
NetEase EV-to-OCF Historical Data
* Premium members only.
The historical data trend for NetEase's EV-to-OCF 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-OCF, along with its competitors' market caps and EV-to-OCF 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-OCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NetEase's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where NetEase's EV-to-OCF falls into.
NetEase's current Enterprise Value is $53,031 Mil.
NetEase's Cash Flow from Operations 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 $7,428 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-OCF of 7.14 as of Jun. 25, 2026. This is 44% below median its historical median of 12.84. Over the past decade, NetEase's EV-to-OCF has ranged from 6.03 to 22.79. According to the industry distribution chart, NetEase ranks #357 out of 565 companies in the Interactive Media industry, placing it in the top 63.2%.
Is NetEase's EV-to-OCF too high?
NetEase's current EV-to-OCF of 7.14 is 44% below median its 10-year median of 12.84. Over the past 10 years, this metric has ranged from a low of 6.03 to a high of 22.79. The Interactive Media industry median EV-to-OCF is 3.48. NetEase's value of 7.14 is 105.2% above this industry median. Based on the distribution chart, NetEase ranks #357 out of 565 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-OCF compare to EA and TTWO?
According to the Interactive Media industry distribution chart, NetEase ranks #357 out of 565 companies for EV-to-OCF. This places NetEase in the lower half of its industry. The industry median EV-to-OCF is 3.48. NetEase's value of 7.14 is 105.2% above this benchmark. Historically, NetEase's own EV-to-OCF has ranged from 6.03 to 22.79 over the past decade. While the company's 10-year median is 12.84 vs. the industry median of 3.48, 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-OCF for an Interactive Media company?
The median EV-to-OCF among Interactive Media companies is 3.48, based on 565 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NetEase's current EV-to-OCF of 7.14 is 105.2% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Interactive Media industry, the median EV-to-OCF is 3.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetEase's current EV-to-OCF is 7.14, which is 44% below median its own 10-year median of 12.84. 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 $24.76, compared to a current price of $24.26 — trading 2% below its estimated fair value. The current EV-to-OCF is 7.14, which is 44% below median its 10-year median of 12.84 and 105.2% above the Interactive Media industry median of 3.48. 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For NetEase (NETTF), the current EV-to-OCF is 7.14 as of Jun. 25, 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 2% below its estimated GF Value™ of $24.76.
GuruFocus considers NetEase to be Fairly Valued.
Key valuation signals for NETTF:
EV-to-OCF: 7.14 (44% below median its 10-year median of 12.84)
GF Value™: $24.76 vs. price of $24.26 (2% below fair value)
Industry Position: 105.2% above the Interactive Media median (#357 of 565)
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.
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