NetEase Valuation

Q: What is the Fair Price of NETEASE80 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

NETEASE80 (THB5.95) is trading below our estimate of [[fair value]] (THB11.47)

Is NETEASE80 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of NETEASE80 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: NETEASE80 (THB5.95) is trading below our estimate of fair value (THB11.47)

Significantly Below Fair Value: NETEASE80 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for NETEASE80?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for NETEASE80. This is calculated by dividing NETEASE80's market cap by their current preferred multiple.
What is NETEASE80's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	CN¥392.67b

NETEASE80 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	2.7x
Enterprise Value/EBITDA	9.2x
PEG Ratio	1.7x

Price to Earnings Ratio vs Peers

How does NETEASE80's PE Ratio compare to its peers?

The above table shows the PE ratio for NETEASE80 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	24.8x
EA Electronic Arts	33x	11.2%	US$37.4b
7974 Nintendo	23.8x	6.8%	JP¥9.3t
AS Asphere Innovations	8.6x	n/a	฿2.3b
3659 NEXON	33.9x	14.2%	JP¥2.3t
NETEASE80 NetEase	13.6x	7.9%	฿56.0b

Price-To-Earnings vs Peers: NETEASE80 is good value based on its Price-To-Earnings Ratio (13.6x) compared to the peer average (24.7x).

Price to Earnings Ratio vs Industry

How does NETEASE80's PE Ratio compare vs other companies in the Asian Entertainment Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	-3.0%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	-3.0%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: NETEASE80 is good value based on its Price-To-Earnings Ratio (13.6x) compared to the Asian Entertainment industry average (27.2x).

Price to Earnings Ratio vs Fair Ratio

What is NETEASE80's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

NETEASE80 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	13.6x
Fair PE Ratio	37.5x

Price-To-Earnings vs Fair Ratio: NETEASE80 is good value based on its Price-To-Earnings Ratio (13.6x) compared to the estimated Fair Price-To-Earnings Ratio (37.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.