NetEase moved -1.0% this afternoon session, trading between a high of $101.6077 and a low of $99.03 per share. Yesterday the stock finished at $101.84 per share, compared to an average analyst target price of $123.92.
NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The large-cap computer software: prepackaged software company is based in China, and over the last twelve months it has returned a dividend yield of 12.1%. NetEase has trailing twelve months earnings per share (EPS) of 5.39, which at today's prices amounts to a price to earnings (P/E) ratio of 18.7.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 46.08. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2022-04-28 | 87,606,026 | -40,635,225 | 54 | 1.89 |
| 2021-04-28 | 73,667,133 | -34,683,731 | 53 | 0.0 |
| 2020-04-29 | 59,241,145 | -27,685,845 | 53 | -20.9 |
| 2019-04-26 | 40,921,655 | -13,575,506 | 67 | 19.64 |
| 2018-04-20 | 44,437,355 | -19,394,314 | 56 | 0.0 |
| 2017-04-21 | 38,178,844 | -16,515,032 | 56 |
NetEase's 56.5% average gross margins are thinner than the 70.92% average of the Software industry, implying that the firm might be lacking in competitivity.
