NetEase, Inc. (NETTF)

Communications · PNK

$21.540.00% today

Price as at 1 Oct 2026, 15:16 UTC. Quotes are delayed.

Fundamentals

Market cap$77.66B
P/E ratio15.6
Dividend yield2.49%
Revenue growth (YoY)+6.1%
Profit margin29.8%
Return on equity22.1%
52-week range$19.40 to $33.14

Valuation and ratings

Fair value estimate$20.51
Upside to fair value-4.8%
Moat score87/100
Overall rating66/100, good quality

Fair value: $20.51 (-4.8%), see how we got there

NetEase, Inc. trades at $21.54, close to the $20.51 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.

Our moat model scores it 87 out of 100, which is a wide moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.

It changes hands at 15.6 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.

NETTF dividend history

Dividend yield2.49%
Paid, trailing 12 months$0.586 per share
Most recent payment$0.096, ex 2 Sept 2026
Consecutive years of growth4
Consecutive years paid5

Dividends per share by year

YearTotal per sharePayments
2026 (year to date)$0.4723
2025$0.6074
2024$0.4894
2023$0.3514
2022$0.3044
2021$0.1654

Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.

About NetEase, Inc.

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally. The company operates through Games and Related Value-Added Services; Youdao; NetEase Cloud Music; and Innovative Businesses and Others segments. It develops and operates mobile and PC games; and offers games licensed from other developers. The company also provides live streaming service, and other related or ancillary value-added services related to games, such as the sale of game-themed merchandise. In addition, it offers digital content services with interactive learning features, including Youdao Lingshi and Youdao Literature; STEAM courses consisting computer coding courses and other STEAM courses; and adult courses, such as China University massive open online course. Further, the company provides Youdao Dictionary, an online language tool; Confucius, a large language model for the education sector; Hi Echo, an AI-driven virtual English-speaking tutor; Mr. P AI Tutor, a conversation-based tool; Youdao Desktop Translation, a desktop dictionary tool; U-Dictionary, an online dictionary and translation app; iRecord, an audio transcription tool; LectMate, an interpretation software for study-abroad lecture scenarios; iArch, an AI home design software; Baby Genius, an AI baby generator; and One Translate Translator, a translation tool for travelers. It also offers online marketing services consisting of performance-based advertising services, and global marketing and promotion services through banners, text links, videos, logos, buttons, and rich media. Additionally, the company develops and offers smart devices, including Youdao Dictionary Pen, Youdao Listening Pod, and Youdao Smart Learning Pad. NetEase, Inc. was formerly known as NetEase.com, Inc. and changed its name to NetEase, Inc. in March 2012. The company was founded in 1997 and is headquartered in Hangzhou, the People's Republic of China.

Industry: Electronic Gaming & MultimediaEmployees: 25,382HQ: China

Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.

NETTF passes 6 of our 30 screens today

Each screen prints the exact criteria it used, and the circumstances in which it is wrong.

NETTF peers

The largest companies in the same industry (Electronic Gaming & Multimedia), then in the same sector.

Every communications company we cover is on the Communications hub.

Common questions

Is NetEase, Inc. (NETTF) undervalued?

Against our fair value estimate of $20.51, NETTF at $21.54 is 5% above fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.

What is NETTF's P/E ratio?

NETTF trades at 15.6 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.

Does NetEase, Inc. (NETTF) pay a dividend?

Yes. NetEase, Inc. yields 2.49% at the current share price. It has paid $0.586 per share over the trailing twelve months. It has paid a dividend in each of the last 5 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.

Where does SteadyShares get its NETTF data?

Fundamentals for NETTF come from company filings and exchange data, as listed on PNK; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 1 Oct 2026, 15:16 UTC and is delayed. Our data quality score for this company is 100/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.

The full research page for NETTF, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.

Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.