COMPARE · Reviewed August 3, 2026
NTES vs TTWO
Verdict: Side-by-side breakdown using the Bull Rankings model. NTES scored 54.5, TTWO scored 31.2 — NTES leads.
Compare another set
Different reporting periods. TTWO's fundamentals are as of March 2026, but NTES's are as of December 2025 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
NTES
NetEase, Inc.
54.5
$130.21 · $83.4B
fundamentals as of
Score gap
23.3
NTES leads
TTWO
Take-Two Interactive Software, Inc.
31.2
$241.07 · $45.1B
fundamentals as of
The model, pillar by pillar (0–100 each)
NTES
stronger →← stronger
TTWO
90
Qualityreturns · margins · balance sheet
24
76
Growthrevenue & earnings expansion
91
43
Valuevaluation vs sector peers
14
NTES is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
NTES
TTWO
$7.5bB+
FCF
$462mC
+7.0%C+
Rev
+18.2%B+
0.06A-
D/E
0.84C+
16.6xB+
P/E
—
1.47B
PEG
3.39D
—
P/S
6.8xC
Winner per row is the stronger grade in our model; a tie or a missing value shows no highlight.
Valuation · DCF cross-check
NTES
TTWO
46% below
Price vs fair valuelower is cheaper
310% above
~-7%/yr
Growth the price implies10-yr FCF · lower = less priced in
~53%/yr
+68%
1-yr DCF upside
-81%
+86%
5-yr DCF upside
-76%
+115%
10-yr DCF upside
-64%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
NTES
Why this score
- Raising its dividend
- Durable high returns
- Foreign reporter (CNY)
TTWO
Why this score
- Diluting shareholders
The companies
NTESNetEase, Inc.
Why now
Electronic Gaming & Multimedia · market cap $83.4b. 18% off the 52-week high of $159.55. 32 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $161.76 (implying +24% upside).
Moat
Net margin 31% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 22% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 148% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Mature compounder — the risk is paying up for quality at a moment when growth is decelerating. Watch for sequential revenue + margin trends; the inflection from "compounder" to "ex-compounder" is hard to spot until the multiple already started compressing.
TTWOTake-Two Interactive Software, Inc.
Why now
Electronic Gaming & Multimedia · market cap $45.1b. 9% off the 52-week high of $265.94. Revenue growing +18%, comfortably above the S&P median. 29 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $284.14 (implying +18% upside).
Moat
Turnaround / out-of-favor name — GAAP-unprofitable for now, so the durability case is forward-looking: it rests on a recovery (margin normalization, a cyclical upturn or restructuring) or an un-monetized asset (IP / network effects / first-mover position) rather than on current reported results.
Risk
Currently unprofitable (margin -4.5%) — path to GAAP profitability is the core thesis risk. ROE -8% is below the long-run sustainable threshold of ~10% — capital efficiency would need to improve for the equity base to compound at the market rate.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.