The9 Ltd
NASDAQ:NCTY

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The9 Ltd
NASDAQ:NCTY
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Price: 8.91 USD 6.07% Market Closed
Market Cap: 80.1m USD
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Relative Value

The Relative Value of one NCTY stock under the Base Case scenario is 9.25 USD. Compared to the current market price of 8.91 USD, The9 Ltd is Undervalued by 4%.

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
9.25 USD
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
77
vs Industry
25
Median 3Y
3.9
Median 5Y
17.1
Industry
1.5
vs History
1
vs Industry
17
Median 3Y
-0.7
Median 5Y
-2.5
Industry
17.4
vs History
vs Industry
Median 3Y
-0.8
Median 5Y
-2.1
Industry
11.3
vs History
vs Industry
Median 3Y
-0.9
Median 5Y
-2.3
Industry
15.8
vs History
65
vs Industry
26
Median 3Y
2.6
Median 5Y
8
Industry
1.7
vs History
77
vs Industry
25
Median 3Y
3.6
Median 5Y
15.4
Industry
1.5
vs History
vs Industry
Median 3Y
-13.7
Median 5Y
-386.7
Industry
3.3
vs History
vs Industry
Median 3Y
-2.2
Median 5Y
-3.5
Industry
8.9
vs History
vs Industry
Median 3Y
-1.8
Median 5Y
-3.2
Industry
12.2
vs History
vs Industry
Median 3Y
-0.8
Median 5Y
-1.8
Industry
10.6
vs History
vs Industry
Median 3Y
-0.7
Median 5Y
-1.6
Industry
13.6
vs History
55
vs Industry
32
Median 3Y
1.5
Median 5Y
3.7
Industry
1.4

Multiples Across Competitors

NCTY Competitors Multiples
The9 Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
The9 Ltd
NASDAQ:NCTY
80.1m USD 3.2 28.9 -2.9 -2.3
US
Activision Blizzard Inc
LSE:0H8X
74.1B USD 8.5 34.2 24.6 28.9
SG
Sea Ltd
NYSE:SE
63.9B USD 4.4 -318.3 153.7 -2 087
JP
Nintendo Co Ltd
TSE:7974
9.7T JPY 6.7 24.9 18.1 19
CN
NetEase Inc
NASDAQ:NTES
49.8B USD 3.4 12.5 7.9 8.6
US
Electronic Arts Inc
NASDAQ:EA
42.6B USD 5.8 40.7 21.4 27.4
US
Roblox Corp
NYSE:RBLX
36B USD 10.7 -34.6 -36.7 -29.5
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
31.4B USD 5.8 -8.7 55 -68.6
JP
Nexon Co Ltd
TSE:3659
2.1T JPY 4.9 31 11.3 12.1
JP
Konami Holdings Corp
TSE:9766
2T JPY 5.2 30.5 15.7 20
KR
Krafton Inc
KRX:259960
13.4T KRW 5.7 15.1 9.2 10.2
P/E Multiple
Earnings Growth
CN
The9 Ltd
NASDAQ:NCTY
Average P/E: 27.2
28.9
N/A
US
A
Activision Blizzard Inc
LSE:0H8X
34.2
151%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -318.3
1 168%
JP
Nintendo Co Ltd
TSE:7974
24.9
-3%
CN
NetEase Inc
NASDAQ:NTES
12.5
32%
US
Electronic Arts Inc
NASDAQ:EA
40.7
102%
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -34.6 N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -8.7 N/A
JP
N
Nexon Co Ltd
TSE:3659
31
117%
JP
Konami Holdings Corp
TSE:9766
30.5
49%
KR
Krafton Inc
KRX:259960
15.1
84%
EV/EBIT Multiple
EBIT Growth
CN
The9 Ltd
NASDAQ:NCTY
Average EV/EBIT: 18
Negative Multiple: -2.3
N/A
US
A
Activision Blizzard Inc
LSE:0H8X
28.9
153%
SG
Sea Ltd
NYSE:SE
Negative Multiple: -2 087
506%
JP
Nintendo Co Ltd
TSE:7974
19
N/A
CN
NetEase Inc
NASDAQ:NTES
8.6
37%
US
Electronic Arts Inc
NASDAQ:EA
27.4
85%
US
Roblox Corp
NYSE:RBLX
Negative Multiple: -29.5 N/A
US
Take-Two Interactive Software Inc
NASDAQ:TTWO
Negative Multiple: -68.6 N/A
JP
N
Nexon Co Ltd
TSE:3659
12.1
N/A
JP
Konami Holdings Corp
TSE:9766
20
N/A
KR
Krafton Inc
KRX:259960
10.2
75%

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