Market Capitalization & Enterprise Value
Research-grade valuation history for NTES. Track market capitalization versus enterprise value to see the impact of net debt and share changes. Use the interactive chart to explore different horizons; the table updates accordingly to support auditability and export.
Market Cap & Enterprise Value
Comparison of market capitalization and enterprise value over time
Market Cap
Enterprise Value
Market Cap History
Investor Valuation Insights
As of Mar 31, 2026EV/EBITDA
31.86x
Higher EV/EBITDA may imply premium pricing; growth durability should justify the multiple.
EV vs Market Cap Spread
-45.13B
EV is -7.3% vs equity value
Capital Structure Signal
Net Cash Profile
EV premium trend: -6.0 pp vs earliest data
Additional Multiples
EV/Sales: 14.37x
Net Debt/EBITDA: -2.89x
Share count change in dataset: -63.74%
Interpretation guide: EV/EBITDA compares total firm value (debt + equity - cash) to operating earnings. Lower is usually cheaper, but always benchmark against peers, growth rate, margins, and cyclicality.
Market Cap & Enterprise Value Data
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| Date | Market Cap | Enterprise Value | Stock Price | Shares |
|---|---|---|---|---|
| Dec 31, 2025 | 614.31B | 569.18B | $962.32 | 638.36M |
| Dec 31, 2024 | 420.82B | 382.26B | $651.13 | 646.30M |
| Dec 31, 2023 | 429.83B | 428.88B | $661.18 | 650.09M |
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