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NTES (NetEase) Enterprise Value : $50,417 Mil (As of Apr. 26, 2025)


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What is NetEase Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NetEase's Enterprise Value is $50,417 Mil. NetEase's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was $4,107 Mil. Therefore, NetEase's EV-to-EBIT ratio for today is 12.28.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, NetEase's Enterprise Value is $50,417 Mil. NetEase's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was $4,442 Mil. Therefore, NetEase's EV-to-EBITDA ratio for today is 11.35.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, NetEase's Enterprise Value is $50,417 Mil. NetEase's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was $14,619 Mil. Therefore, NetEase's EV-to-Revenue ratio for today is 3.45.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, NetEase's Enterprise Value is $50,417 Mil. NetEase's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was $5,203 Mil. Therefore, NetEase's EV-to-FCF ratio for today is 9.69.


NetEase Enterprise Value Historical Data

The historical data trend for NetEase's Enterprise Value 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.

* Premium members only.

NetEase Enterprise Value Chart

NetEase Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54,749.71 55,378.03 34,655.05 45,476.52 39,909.64

NetEase Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45,476.52 51,971.98 47,016.33 43,788.44 39,909.64

Competitive Comparison of NetEase's Enterprise Value

For the Electronic Gaming & Multimedia subindustry, NetEase's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NetEase's Enterprise Value distribution charts can be found below:

* The bar in red indicates where NetEase's Enterprise Value falls into.


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NetEase Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

NetEase's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

NetEase's Enterprise Value for the quarter that ended in Dec. 2024 is calculated as

* 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  (NAS:NTES) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

NetEase's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=50417.449/4106.697
=12.28

NetEase's current Enterprise Value is $50,417 Mil.
NetEase's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,107 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

NetEase's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=50417.449/4442.03
=11.35

NetEase's current Enterprise Value is $50,417 Mil.
NetEase's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,442 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

NetEase's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=50417.449/14619.488
=3.45

NetEase's current Enterprise Value is $50,417 Mil.
NetEase's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14,619 Mil.

4. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

NetEase's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=50417.449/5202.631
=9.69

NetEase's current Enterprise Value is $50,417 Mil.
NetEase's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,203 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 Enterprise Value Related Terms

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NetEase Business Description

Address
No. 599 Wangshang Road, NetEase Building, Binjiang District, Hangzhou, CHN, 310052
Founded in the late 1990s as an internet portal, NetEase has transformed into a leading force in the second-largest online game company gaming in China. While its initial success was built upon the massively multiplayer online role-playing game Fantasy Westward Journey, NetEase has expanded its portfolio with captivating franchises that resonate with both domestic and international players. Over the past decade, the company has created titles such as Justice, Identity V, Naraka: Bladepoint, and Eggy Party, all of which maintain significant player bases today. Beyond in-house development, the company also collaborates with likes of Microsoft and Marvel to create and publish games based on renowned IPs, including World of Warcraft, Diablo Immortal, and Marvel Rivals.