(SOHU) Sohu.Com - Overview
Stock: Portal, News, Video, Games, Ads
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 40.8% |
| Relative Tail Risk | -2.92% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | 15.13 |
| Character TTM | |
|---|---|
| Beta | 0.200 |
| Beta Downside | 0.706 |
| Drawdowns 3y | |
|---|---|
| Max DD | 53.61% |
| CAGR/Max DD | 0.01 |
Description: SOHU Sohu.Com December 28, 2025
Sohu.com Limited (NASDAQ:SOHU) runs a dual-segment business in China: the “Sohu” media arm delivers news, video, livestream and advertising via its flagship apps (Sohu News, Sohu Video), the mobile portal m.sohu.com and the PC site www.sohu.com; the “Changyou” segment focuses on online gaming, publishing both PC and mobile titles.
In FY 2023 the company reported roughly ¥2.3 billion (~US$320 million) in total revenue, with advertising contributing about 70 % and gaming about 20 %; monthly active users across its media properties hovered near 120 million, reflecting the broader growth of China’s mobile-first internet consumption.
Key macro drivers include China’s digital ad spend, which the China Internet Network Information Center (CNNIC) estimates will grow at ~9 % CAGR through 2027, and the domestic mobile-gaming market, projected by iiMedia to expand at ~15 % CAGR, both of which underpin Sohu’s revenue levers.
Regulatory risk remains material: tighter content-approval rules and gaming license caps could compress margins, so monitoring policy announcements is essential for any valuation.
For a deeper, data-driven assessment of Sohu’s valuation dynamics, you may find the analytics on ValueRay worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 3.5
| Net Income: 149.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -1.56 > 1.0 |
| NWC/Revenue: 116.8% < 20% (prev 123.9%; Δ -7.09% < -1%) |
| CFO/TA -0.03 > 3% & CFO -48.0m > Net Income 149.5m |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 3.07 > 1.5 & < 3 |
| Outstanding Shares: last quarter (27.5m) vs 12m ago -13.36% < -2% |
| Gross Margin: 76.88% > 18% (prev 0.73%; Δ 7615 % > 0.5%) |
| Asset Turnover: 33.20% > 50% (prev 33.84%; Δ -0.64% > 0%) |
| Interest Coverage Ratio: -1.00 > 6 (EBITDA TTM -22.2m / Interest Expense TTM -25.3m) |
Altman Z'' 2.94
| A: 0.40 (Total Current Assets 1000.0m - Total Current Liabilities 325.6m) / Total Assets 1.69b |
| B: 0.09 (Retained Earnings 145.1m / Total Assets 1.69b) |
| C: -0.01 (EBIT TTM -25.2m / Avg Total Assets 1.74b) |
| D: 0.14 (Book Value of Equity 87.0m / Total Liabilities 633.9m) |
| Altman-Z'' Score: 2.94 = A |
Beneish M -3.16
| DSRI: 0.76 (Receivables 39.8m/55.0m, Revenue 577.4m/605.1m) |
| GMI: 0.95 (GM 76.88% / 73.12%) |
| AQI: 1.04 (AQ_t 0.26 / AQ_t-1 0.25) |
| SGI: 0.95 (Revenue 577.4m / 605.1m) |
| TATA: 0.12 (NI 149.5m - CFO -48.0m) / TA 1.69b) |
| Beneish M-Score: -3.16 (Cap -4..+1) = AA |
What is the price of SOHU shares?
Over the past week, the price has changed by -5.58%, over one month by -2.19%, over three months by +6.43% and over the past year by +13.22%.
Is SOHU a buy, sell or hold?
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SOHU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 19 | 18.3% |
| Analysts Target Price | 19 | 18.3% |
| ValueRay Target Price | 17.2 | 7.1% |
SOHU Fundamental Data Overview February 03, 2026
P/E Forward = 9.1324
P/S = 0.9701
P/B = 0.4806
P/EG = -0.64
Revenue TTM = 577.4m USD
EBIT TTM = -25.2m USD
EBITDA TTM = -22.2m USD
Long Term Debt = 1.72m USD (from capitalLeaseObligations, last fiscal year)
Short Term Debt = 35.8m USD (from shortTermDebt, last fiscal year)
Debt = 37.5m USD (from shortLongTermDebtTotal, last fiscal year)
Net Debt = -134.0m USD (from netDebt column, last quarter)
Enterprise Value = -392.4m USD (444.7m + Debt 37.5m - CCE 874.6m)
Interest Coverage Ratio = -1.00 (Ebit TTM -25.2m / Interest Expense TTM -25.3m)
EV/FCF = 5.78x (Enterprise Value -392.4m / FCF TTM -67.9m)
FCF Yield = 17.32% (FCF TTM -67.9m / Enterprise Value -392.4m)
FCF Margin = -11.77% (FCF TTM -67.9m / Revenue TTM 577.4m)
Net Margin = 25.88% (Net Income TTM 149.5m / Revenue TTM 577.4m)
Gross Margin = 76.88% ((Revenue TTM 577.4m - Cost of Revenue TTM 133.5m) / Revenue TTM)
Gross Margin QoQ = 80.65% (prev 77.59%)
Tobins Q-Ratio = -0.23 (set to none) (Enterprise Value -392.4m / Total Assets 1.69b)
Interest Expense / Debt = 36.82% (Interest Expense 13.8m / Debt 37.5m)
Taxrate = 21.0% (US default 21%)
NOPAT = -19.9m (EBIT -25.2m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 3.07 (Total Current Assets 1000.0m / Total Current Liabilities 325.6m)
Debt / Equity = 0.04 (Debt 37.5m / totalStockholderEquity, last quarter 1.06b)
Debt / EBITDA = 6.02 (negative EBITDA) (Net Debt -134.0m / EBITDA -22.2m)
Debt / FCF = 1.97 (negative FCF - burning cash) (Net Debt -134.0m / FCF TTM -67.9m)
Total Stockholder Equity = 1.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.59% (Net Income 149.5m / Total Assets 1.69b)
RoE = 14.46% (Net Income TTM 149.5m / Total Stockholder Equity 1.03b)
RoCE = -2.43% (EBIT -25.2m / Capital Employed (Equity 1.03b + L.T.Debt 1.72m))
RoIC = -1.91% (negative operating profit) (NOPAT -19.9m / Invested Capital 1.04b)
WACC = 8.40% (E(444.7m)/V(482.2m) * Re(6.65%) + D(37.5m)/V(482.2m) * Rd(36.82%) * (1-Tc(0.21)))
Discount Rate = 6.65% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -100.0 | Cagr: -10.16%
Fair Price DCF = unknown (Cash Flow -67.9m)
EPS Correlation: 23.04 | EPS CAGR: -1.49% | SUE: 0.0 | # QB: 0
Revenue Correlation: -66.70 | Revenue CAGR: -1.78% | SUE: 1.59 | # QB: 1
EPS next Year (2026-12-31): EPS=-2.73 | Chg30d=+0.786 | Revisions Net=-1 | Growth EPS=+7.4% | Growth Revenue=+2.3%