Added to YB: 2024-07-02
Pitch date: 2024-07-01
NTES [bullish]
NetEase, Inc.
+50.03%
current return
Author Info
Indra Stock's is an analyst looking for quality with promising long term equilibrium. Sign up for the newsletter.
Company Info
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally.
Market Cap
HKD 591.8B
Pitch Price
HKD 92.74
Price Target
N/A
Dividend
1.97%
EV/EBITDA
12.03
P/E
16.55
EV/Sales
4.07
Sector
Entertainment
Category
value
Idea Overviews - Tickers and Thoughts - NetEase, Inc.
NTES: 2nd largest Chinese game publisher. Diverse portfolio w/ mobile focus, Western IP partnerships (Blizzard, Marvel, Harry Potter). 15x P/E, 7% rev growth, 14% profit growth. Renewed Blizzard deal +5% rev. Int'l studio investments for future growth. Trades at 4x rev vs. ATVI 8x, Zynga 5x. AI potential for efficiency. Risks: ADR/China discount.
Read full article (4 min)