Valuation NetEase Cloud Music Inc.

Stocks

Market Closed - Hong Kong S.E. Other stock markets 06:08:08 18/06/26 pm AEST			5-day change	1st Jan Change
110.90 ^HKD	-1.42%		-1.42%	-40.38%

21/05	NetEase's Q1 Profit Rises on Higher Games Revenue	MT
21/05	NetEase Cloud Music's Revenue Climbs 6.6% in Q1	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	26,573	14,527	17,458	23,222	36,362	20,119	-	-
Change	-	-45.33%	20.17%	33.02%	56.59%	-44.67%	-	-
Enterprise Value (EV) ¹	26,573	5,464	8,008	13,078	24,225	4,806	3,077	951.5
Change	-	-79.44%	46.56%	63.31%	85.24%	-80.16%	-35.98%	-69.08%
P/E	-8.03x	-64.7x	23.5x	14.5x	13x	9.79x	8.99x	8.26x
PBR	3.6x	1.83x	2.07x	2.23x	2.74x	1.34x	1.17x	1.03x
PEG	-	0.7x	-0x	0x	0.2x	-0.4x	1.02x	0.93x
Capitalization / Revenue	3.8x	1.62x	2.22x	2.92x	4.69x	2.38x	2.19x	2.04x
EV / Revenue	3.8x	0.61x	1.02x	1.64x	3.12x	0.57x	0.33x	0.1x
EV / EBITDA	-20x	-15.1x	23.1x	11x	14.8x	2.55x	1.39x	0.39x
EV / EBIT	-19.7x	-14.2x	24.3x	11.2x	14.9x	2.57x	1.43x	0.4x
EV / FCF	-	3.01x	43.6x	7.38x	15.1x	1.81x	1.31x	0.37x
FCF Yield	-	33.3%	2.29%	13.5%	6.63%	55.4%	76.4%	267%
Dividend per Share ²	-	-	-	-	-	-	1.113	3.45
Rate of return	-	-	-	-	-	-	1.16%	3.61%
EPS ²	-15.92	-1.06	3.47	7.4	12.87	9.773	10.63	11.58
Distribution rate	-	-	-	-	-	-	10.5%	29.8%
Net sales ¹	6,998	8,992	7,867	7,950	7,759	8,459	9,196	9,864
EBITDA ¹	-1,332	-362	346.7	1,186	1,633	1,887	2,215	2,421
EBIT ¹	-1,347	-384.5	330.2	1,171	1,622	1,872	2,149	2,385
Net income ¹	-2,056	-221.5	734.2	1,562	2,748	2,068	2,277	2,502
Net Debt ¹	-	-9,063	-9,450	-10,144	-12,137	-15,312	-17,042	-19,167
Reference price ²	127.90	68.55	81.47	107.31	167.14	95.65	95.65	95.65
Nbr of stocks (in thousands)	207,757	211,906	214,289	216,391	217,549	210,330	-	-
Announcement Date	24/3/22	23/2/23	29/2/24	20/2/25	11/2/26	-	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
NETEASE CLOUD MUSIC INC.	9.93x	0.6x	2.7x	-.--%	3.02B
UNIVERSAL MUSIC GROUP N.V.	21.76x	2.74x	12.72x	2.99%	39.58B
HYBE CO., LTD.	42.55x	2.15x	21.89x	0.31%	6.69B
SM ENTERTAINMENT CO., LTD.	13.16x	0.98x	4.78x	2.01%	1.24B
JYP ENTERTAINMENT CORPORATION	14.73x	1.65x	7.6x	1.31%	1.25B
HIM INTERNATIONAL MUSIC INC.	9.38x	-	-	-	148M
LIVEONE, INC.	-4.31x	-	-	-	85.54M
KT GENIE MUSIC CORPORATION	8.64x	0.01x	0.08x	-	58.68M
Average	14.48x	1.35x	8.30x	1.32%	6.51B
Weighted average by Cap.	23.28x	2.46x	12.99x	2.41%