NetEase Might Be Slightly Undervalued – DCF
Is the gaming company a clear buy? Q2 2021 hedge fund letters, conferences and more The online entertainment industry is experiencing steep growth, powered by a vast demand inside China's mainland and globally. NetEase Inc (NASDAQ:NTES) is a company that has been able to grow progressively in its early years, but it underwent a rise in its valuation from 2014 onwards. Today, the company is able to face the competition of giants of the industry and maintain its market share over the years. In particular, the gaming sector sees NetEase in second place, behind Tencent games. BackgroundNetEase was...