NTES vs NBIS vs DDI Stock Comparison

NetEase, Nebius and DoubleDown Interactive Prices as of Oct 23, 2026 Peers: Industry group
NTES NetEase, Inc.
$118.61 +1.4% 1M -19.4% 1Y
Market cap
$75.39B
P/E
16.9x
Revenue (TTM)
$16.70B
Div. yield
–
Video Games Technology
3 wins
NBIS Nebius Group N.V.
$158.74 -30.0% 1M +49.5% 1Y
Market cap
$37.16B
P/E
41.5x
Revenue (TTM)
$1.36B
Div. yield
–
Cloud Platforms Technology
3 wins

Head to Head

11 decided of 12

DoubleDown Interactive leads on 5 of the 12 questions below (DoubleDown Interactive 5, NetEase 3, Nebius 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNTESNBISDDILeader
Larger companyMarket capitalisation $75.39B $37.16B $674.17M NTES
Cheaper on earningsLower P/E, profitable companies only 16.9x 41.5x 5.4x DDI
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.4x — 5.3x DDI
Faster revenue growthRevenue growth, trailing twelve months +9.8% +506.9% +14.0% NBIS
More profitableNet margin, trailing twelve months 26.6% 66.1% 32.9% NBIS
Better return on capitalReturn on invested capital 22.7% -3.3% 10.0% NTES
Less leveragedLower net debt / EBITDA -1.4x 3.0x -3.6x DDI
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -19.4% +49.5% +46.0% NBIS
Better 5-year returnAnnualised price return, 5 years +3.0%/yr — -5.3%/yr NTES
Less volatileAnnualised volatility, 1 year 33.0% 107.4% 32.2% DDI
Higher overall scoreMean of the five percentile scores vs peers 64/100 65/100 86/100 DDI

Percentile Scorecard

NTESNBISDDI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNTESNBISDDI
Valuation 59 #69 of 167 78 #9 of 38 92 #14 of 167
Growth 45 #85 of 153 31 #25 of 36 68 #50 of 153
Profitability 95 #8 of 153 76 #9 of 34 89 #18 of 153
Financial Health 85 #27 of 179 76 #10 of 38 95 #10 of 179
Shareholder Returns 33 #63 of 94 – –
Overall 64 65 86
  • NTES ranked among 185 companies in Internet Platforms
  • NBIS ranked among 39 companies in Cloud Computing
  • DDI ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNTESNBISDDISPY
1 month +1.4%-30.0%+1.8% -1.0%
3 months -0.8%-15.5%+15.9% +2.9%
6 months +7.3%+7.9%+47.9% +6.4%
Year to date -13.8%+89.6%+53.4% +11.4%
1 year -19.4%+49.5%+46.0% +13.1%
3 years +11.9%—+56.1% +79.4%
3 years, per year +3.8%—+16.0% +21.5%
5 years +16.0%—-23.9% +67.7%
5 years, per year +3.0%—-5.3% +10.9%
10 years +125.0%—— +255.2%
10 years, per year +8.4%—— +13.5%

Risk

MeasureNTESNBISDDISPY
Volatility, 1Y 33.0%107.4%32.2% 12.7%
Downside volatility, 1Y 32.5%98.7%27.3% 12.7%
Beta vs S&P 500, 1Y 0.503.860.60 1.00
Return / volatility, 1Y -0.590.461.43 1.03
Max drawdown, 5Y -52.0%-58.3%-57.6% -25.4%
From 52-week high -19.6%-44.6%-4.6% -2.5%
52-week high $147.56$286.69$13.88 $779.14
52-week low $109.26$73.87$8.25 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNTESNBISDDI
P/E now vs peer median 17.0xmedian 17.5x 43.0xmedian 29.1x 5.2xmedian 17.5x
P/S now vs peer median 4.5xmedian 1.4x 29.6xmedian 4.5x 1.7xmedian 1.4x
EV/EBITDA now vs peer median 10.7xmedian 14.9x 239.8xmedian 21.5x 0.9xmedian 14.9x
P/FCF now vs peer median 10.2xmedian 11.2x 2.4xmedian 17.3x 4.5xmedian 11.2x
P/B now vs peer median 3.1xmedian 1.7x 3.9xmedian 3.9x 0.6xmedian 1.7x
PEG now vs peer median 2.36median 0.42 -0.61median 0.33 0.13median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNTESNBISDDI
Revenue $16.70B $1.36B $380.04M
Gross profit $11.22B $1.01B $278.82M
Operating income $5.90B -$668.60M $136.83M
Net income $4.75B $61.60M $125.14M
Free cash flow $7.46B $16.40B $146.82M
R&D $2.59B $356.40M $13.81M
EPS (diluted) $6.91 $3.17 $2.52
Cash & equivalents $3.36B $8.04B $455.22M
Total debt $5.39B $25.23B $32.44M
Shares (diluted) 643.63M 282.72M 49.55M
Enterprise value $33.63B $10.59B -$1.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNTESNBISDDI
P/E 17.0x 43.0x 5.2x
P/FCF 10.2x 2.4x 4.5x
P/Operating cash flow 10.3x 7.6x 4.5x
P/S 4.5x 29.6x 1.7x
P/B 3.1x 3.9x 0.6x
P/Tangible book 3.1x 3.9x 0.7x
EV/EBITDA 10.7x 239.8x 0.9x
EV/EBIT 11.3x -60.8x 1.0x
EV/Revenue 4.0x 30.0x 0.4x
EV/FCF 9.0x 2.5x 0.9x
EV/Operating cash flow 9.1x 7.7x 0.9x
PEG (3Y EPS CAGR) 2.36 -0.61 0.13

Growth

14 metrics
MetricNTESNBISDDI
Revenue growth (1Y) 9.8% 506.9% 14.0%
Revenue CAGR (3Y) 5.5% -83.4% 7.3%
Gross profit growth (1Y) 16.9% 631.9% 18.1%
Gross profit CAGR (3Y) 11.5% -81.7% 10.9%
Operating income growth (1Y) 23.6% -49.0% 4.0%
Operating income CAGR (3Y) 22.2% -26.7% 37.1%
Net income growth (1Y) -2.8% -73.4% 17.3%
Net income CAGR (3Y) 9.2% -90.6% 39.8%
EPS growth (1Y) -4.7% 318.1% 17.6%
EPS CAGR (3Y) 7.2% -70.8% 39.8%
Operating cash flow growth (1Y) 13.9% 1,193% 6.0%
Operating cash flow CAGR (3Y) 19.3% -55.8% 82.2%
Free cash flow growth (1Y) 12.3% 1,310% 6.6%
Free cash flow CAGR (3Y) 17.2% -47.1% 81.8%

Profitability

14 metrics
MetricNTESNBISDDI
Gross margin 67.2% 74.3% 73.4%
EBITDA margin 37.2% 12.5% 38.6%
Operating margin 35.3% -49.3% 36.0%
Pretax margin 34.9% 5.3% 43.0%
Net margin 26.6% 66.1% 32.9%
FCF margin 44.7% 1,210% 38.6%
Operating cash flow margin 44.0% 388.0% 38.7%
Return on equity 19.6% 0.7% 12.6%
Return on assets 14.0% 0.2% 11.5%
Return on invested capital 22.7% -3.3% 10.0%
Return on capital employed 23.0% -2.9% 13.0%
Asset turnover 0.5x 0.1x 0.3x
Cash conversion (OCF / net income) 1.5x 85.4x 1.2x
Stock comp / revenue 2.7% 13.9% –

Financial Health

11 metrics
MetricNTESNBISDDI
Debt / assets 5.4% 30.6% 2.9%
Debt / equity 0.1x 0.8x 0.0x
Net debt / EBITDA -1.4x 3.0x -3.6x
Debt / FCF 0.2x 0.5x 0.2x
Liabilities / assets 28.0% 63.0% 8.3%
Equity / assets 72.0% 37.0% 91.7%
Interest coverage – -2.8x 112.1x
Current ratio 3.5x 4.0x 18.7x
Quick ratio 1.4x 3.5x 18.6x
Cash ratio 1.3x 3.4x 17.3x
Altman Z-score 7.46 1.83 6.50

Shareholder Returns

7 metrics
MetricNTESNBISDDI
Dividend yield 2.5% – –
Net buyback yield 0.0% 7,080% –
Shareholder yield 2.5% 7,080% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNTESNBISDDI
Forward P/E 12.4xFY2026 – 5.3xFY2026
EPS, next fiscal year $9.57FY2026 $-1.88FY2026 $2.51FY2026
EPS growth, next FY +15.4%FY2026 – +21.3%FY2026
EPS growth, the year after +7.4% – -7.6%
Revenue, next fiscal year $17.08BFY2026 $3.25BFY2026 $349.27MFY2026
Revenue growth, next FY +6.1%FY2026 +512.5%FY2026 -3.0%FY2026
Revenue growth, the year after +7.4% +248.5% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNTESNBISDDI
Held by institutions 9.2% 66.4% 19.0%
Institutions holding 458 1,052 51
Change in shares held, QoQ +1.9% +29.6% +15.4%
Institutions buying 261 694 38
Institutions selling 121 274 11
Buyers to sellers 2.16 2.53 3.45

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NTESNBISDDI
NTES 1.00 0.09 0.10
NBIS 0.09 1.00 0.08
DDI 0.10 0.08 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NTES, NBIS and DDI?

NetEase (NTES) is the largest by market capitalisation: NetEase (NTES) $75.39B, Nebius (NBIS) $37.16B, DoubleDown Interactive (DDI) $674.17M.

Which stock is cheaper, NTES, NBIS and DDI?

DoubleDown Interactive (DDI) trades on the lowest price-to-earnings ratio (NetEase (NTES) 16.9x, Nebius (NBIS) 41.5x, DoubleDown Interactive (DDI) 5.4x). On next year's consensus earnings, DoubleDown Interactive (DDI) is cheapest (NetEase (NTES) 12.4x, DoubleDown Interactive (DDI) 5.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Nebius (NBIS) grew revenue fastest over the trailing twelve months: NetEase (NTES) +9.8%, Nebius (NBIS) +506.9%, DoubleDown Interactive (DDI) +14.0%.

Which company is more profitable?

Nebius (NBIS) has the highest net margin (NetEase (NTES) 26.6%, Nebius (NBIS) 66.1%, DoubleDown Interactive (DDI) 32.9%). On return on invested capital, NetEase (NTES) leads (NetEase (NTES) 22.7%, Nebius (NBIS) -3.3%, DoubleDown Interactive (DDI) 10.0%).

Which stock has performed better?

Over the past year Nebius (NBIS) returned the most: NetEase (NTES) -19.4%, Nebius (NBIS) +49.5%, DoubleDown Interactive (DDI) +46.0%. Over five years, NetEase (NTES) compounded fastest (NetEase (NTES) +3.0%/yr, DoubleDown Interactive (DDI) -5.3%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, DoubleDown Interactive (DDI) has been the steadiest (NetEase (NTES) 33.0%, Nebius (NBIS) 107.4%, DoubleDown Interactive (DDI) 32.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NTES, NBIS and DDI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, DoubleDown Interactive (DDI) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.