NetEase (NTES) Price to FCF (2009 - 2026)
NetEase's Price to FCF was 10.98 in the quarter ended Jun 30, 2026, down 14.5% from 12.84 a year earlier but up 15.4% from the prior quarter.
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Analysis
NetEase (NTES) Price to FCF (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Price to FCF at NetEase came in at 11.86, up 17.7% from the prior year.
- In earlier years, Price to FCF was 10.07 in the year ended Dec 31, 2024 (-10.7%), 11.29 in the year ended Dec 31, 2023 (+4.2%), 10.83 in the year ended Dec 31, 2022 (-32.3%) and 16.01 in the year ended Dec 31, 2021 (-0.8%).
- Quarterly Price to FCF has moved between 9.51 (the quarter ended Mar 31, 2026) and 16.19 (the quarter ended Dec 31, 2021) over five years.
- Compared with a year earlier, Price to FCF was higher in three of the last eight quarters, with growth averaging 0.3%.
- The best year-over-year quarter for Price to FCF over five years was the quarter ended Sep 30, 2025 (growth of 28.0%); the worst was the quarter ended Dec 31, 2022 (a decline of 34.3%).
- Per Business Quant data, NTES's Price to FCF in the three quarters before the quarter ended Jun 30, 2026 was 9.51 (quarter ended Mar 31, 2026), 12.18 (quarter ended Dec 31, 2025) and 13.84 (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn |
| 10 | NetEase | 74.83 Bn | 32.10 Bn | 3.13 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.98 |
| Mar 31, 2026 | 9.51 |
| Dec 31, 2025 | 12.18 |
| Sep 30, 2025 | 13.84 |
| Jun 30, 2025 | 12.84 |
| Mar 31, 2025 | 10.80 |
| Dec 31, 2024 | 9.91 |
| Sep 30, 2024 | 10.81 |
| Jun 30, 2024 | 11.21 |
| Mar 31, 2024 | 11.61 |
| Dec 31, 2023 | 11.29 |
| Sep 30, 2023 | 13.16 |
| Jun 30, 2023 | 13.45 |
| Mar 31, 2023 | 12.57 |
| Dec 31, 2022 | 10.63 |
| Sep 30, 2022 | 11.08 |
| Jun 30, 2022 | 14.13 |
| Mar 31, 2022 | 14.50 |
| Dec 31, 2021 | 16.19 |
| Sep 30, 2021 | 14.22 |
API Access
NetEase Price to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-fcf&ticker=NTES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "ticker": "NTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-fcf&ticker=NTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();