The9 Ltd
NASDAQ:NCTY

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The9 Ltd
NASDAQ:NCTY
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Price: 9.36 USD -7.14% Market Closed
Market Cap: 84.1m USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one NCTY stock under the Base Case scenario is 6.11 USD. Compared to the current market price of 9.36 USD, The9 Ltd is Overvalued by 35%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NCTY Relative Value
Base Case
6.11 USD
Overvaluation 35%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

5.4
P/S
P/S
Price to Sales
5.4
vs History
61
vs Industry
17
Median 3Y
4.1
Median 5Y
10.6
Industry
1.5
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
11
Median 3Y
-0.7
Median 5Y
-2.5
Industry
17.7
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-0.8
Median 5Y
-1.3
Industry
11.1
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-0.9
Median 5Y
-1.5
Industry
15.5
More Details
1.4
P/B
P/B
Price to Book Value
1.4
vs History
77
vs Industry
16
Median 3Y
2
Median 5Y
5.1
Industry
1.8
More Details
6.2
EV/S
EV/S
Enterprise Value to Sales
6.2
vs History
61
vs Industry
18
Median 3Y
4
Median 5Y
9.3
Industry
1.6
More Details
Negative
EV/GP
EV/GP
Enterprise Value to Gross Profit
N/A
vs History
vs Industry
Median 3Y
-28.7
Median 5Y
-386.7
Industry
3.4
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-2.3
Median 5Y
-5.1
Industry
8.7
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-1.9
Median 5Y
-4.2
Industry
12.4
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-0.8
Median 5Y
-1.3
Industry
10.8
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-0.7
Median 5Y
-1.1
Industry
13.4
More Details
1.1
EV/IC
EV/IC
Enterprise Value to IC
1.1
vs History
69
vs Industry
22
Median 3Y
1.3
Median 5Y
1.7
Industry
1.4
More Details

Multiples Across Competitors

NCTY Competitors Multiples
The9 Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
The9 Ltd
NASDAQ:NCTY
84.1m USD 5.4 -8.3 -151 -13.4
JP
Nintendo Co Ltd
TSE:7974
13.8T JPY 11.8 49.4 39.3 41.5
SG
Sea Ltd
NYSE:SE
94.8B USD 5.3 108.8 64.3 88.2
CN
NetEase Inc
NASDAQ:NTES
78.5B USD 5.3 17.5 12.5 13.4
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
US
Roblox Corp
NYSE:RBLX
59B USD 15.4 -67 -72.5 -56.3
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
40.1B USD 7.1 -8.9 61.3 -84.7
US
Electronic Arts Inc
NASDAQ:EA
36.2B USD 4.9 32.3 18.3 22.5
JP
Konami Holdings Corp
TSE:9766
2.7T JPY 6.3 35.7 18.5 23.6
JP
Nexon Co Ltd
TSE:3659
2.1T JPY 4.8 15.9 10.3 11.1
JP
Capcom Co Ltd
TSE:9697
1.8T JPY 10.6 37.1 23.3 24.9
P/E Multiple
Earnings Growth PEG
CN
The9 Ltd
NASDAQ:NCTY
Average P/E: 41.4
Negative Multiple: -8.3 		N/A N/A
JP
Nintendo Co Ltd
TSE:7974
49.4
N/A N/A
SG
Sea Ltd
NYSE:SE
108.8
96%
1.1
CN
NetEase Inc
NASDAQ:NTES
17.5
13%
1.3
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
36%
1
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -67 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -8.9 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
32.3
32%
1
JP
Konami Holdings Corp
TSE:9766
35.7
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
15.9
-4%
N/A
JP
Capcom Co Ltd
TSE:9697
37.1
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
The9 Ltd
NASDAQ:NCTY
Average EV/EBITDA: 30.3
Negative Multiple: -151 		N/A N/A
JP
Nintendo Co Ltd
TSE:7974
39.3
34%
1.2
SG
Sea Ltd
NYSE:SE
64.3
77%
0.8
CN
NetEase Inc
NASDAQ:NTES
12.5
14%
0.9
US
A
Activision Blizzard Inc
LSE:0H8X
24.6
30%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -72.5 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
61.3
56%
1.1
US
Electronic Arts Inc
NASDAQ:EA
18.3
19%
1
JP
Konami Holdings Corp
TSE:9766
18.5
13%
1.4
JP
N
Nexon Co Ltd
TSE:3659
10.3
1%
10.3
JP
Capcom Co Ltd
TSE:9697
23.3
13%
1.8
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
The9 Ltd
NASDAQ:NCTY
Average EV/EBIT: 31.8
Negative Multiple: -13.4 		N/A N/A
JP
Nintendo Co Ltd
TSE:7974
41.5
N/A N/A
SG
Sea Ltd
NYSE:SE
88.2
92%
1
CN
NetEase Inc
NASDAQ:NTES
13.4
16%
0.8
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
36%
0.8
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -56.3 N/A N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -84.7 N/A N/A
US
Electronic Arts Inc
NASDAQ:EA
22.5
23%
1
JP
Konami Holdings Corp
TSE:9766
23.6
N/A N/A
JP
N
Nexon Co Ltd
TSE:3659
11.1
N/A N/A
JP
Capcom Co Ltd
TSE:9697
24.9
N/A N/A

See Also

Summary
NCTY intrinsic value, competitors valuation, and company profile.
DCF Valuation
NCTY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NCTY stock valuation using valuation multiples.
Wall Street Estimates
NCTY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NCTY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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