NCTY Relative Valuation
NCTY's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, NCTY is overvalued; if below, it's undervalued.
Historical Valuation
The9 Ltd (NCTY) is now in the Overvalued zone, suggesting that its current forward PS ratio of 13.96 is considered Overvalued compared with the five-year average of -0.08. The fair price of The9 Ltd (NCTY) is between 4.41 to 8.30 according to relative valuation methord. Compared to the current price of 8.72 USD , The9 Ltd is Overvalued By 5.08%.
Relative Value
Fair Zone
4.41-8.30
Current Price：8.72
5.08%
Overvalued
-0.02
PE
1Y
3Y
5Y
Trailing
Forward
-2.40
EV/EBITDA
The9 Ltd. (NCTY) has a current EV/EBITDA of -2.40. The 5-year average EV/EBITDA is -1.41. The thresholds are as follows: Strongly Undervalued below -5.20, Undervalued between -5.20 and -3.31, Fairly Valued between 0.48 and -3.31, Overvalued between 0.48 and 2.38, and Strongly Overvalued above 2.38. The current Forward EV/EBITDA of -2.40 falls within the Historic Trend Line -Fairly Valued range.
-2.17
EV/EBIT
The9 Ltd. (NCTY) has a current EV/EBIT of -2.17. The 5-year average EV/EBIT is -1.28. The thresholds are as follows: Strongly Undervalued below -4.70, Undervalued between -4.70 and -2.99, Fairly Valued between 0.44 and -2.99, Overvalued between 0.44 and 2.15, and Strongly Overvalued above 2.15. The current Forward EV/EBIT of -2.17 falls within the Historic Trend Line -Fairly Valued range.
13.96
PS
The9 Ltd. (NCTY) has a current PS of 13.96. The 5-year average PS is 10.76. The thresholds are as follows: Strongly Undervalued below -12.59, Undervalued between -12.59 and -0.91, Fairly Valued between 22.44 and -0.91, Overvalued between 22.44 and 34.12, and Strongly Overvalued above 34.12. The current Forward PS of 13.96 falls within the Historic Trend Line -Fairly Valued range.
0.97
P/OCF
The9 Ltd. (NCTY) has a current P/OCF of 0.97. The 5-year average P/OCF is 0.75. The thresholds are as follows: Strongly Undervalued below -0.87, Undervalued between -0.87 and -0.06, Fairly Valued between 1.55 and -0.06, Overvalued between 1.55 and 2.36, and Strongly Overvalued above 2.36. The current Forward P/OCF of 0.97 falls within the Historic Trend Line -Fairly Valued range.
0.00
P/FCF
The9 Ltd. (NCTY) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.
The9 Ltd (NCTY) has a current Price-to-Book (P/B) ratio of 2.61. Compared to its 3-year average P/B ratio of 1.50 , the current P/B ratio is approximately 74.53% higher. Relative to its 5-year average P/B ratio of 0.93, the current P/B ratio is about 180.01% higher. The9 Ltd (NCTY) has a Forward Free Cash Flow (FCF) yield of approximately -5.00%. Compared to its 3-year average FCF yield of -26.96%, the current FCF yield is approximately -81.44% lower. Relative to its 5-year average FCF yield of -30.15% , the current FCF yield is about -83.41% lower.
2.61
P/B
Median3y
1.50
Median5y
0.93
-5.00
FCF Yield
Median3y
-26.96
Median5y
-30.15
Competitors Valuation Multiple
The average P/S ratio for NCTY's competitors is 1.18, providing a benchmark for relative valuation. The9 Ltd Corp (NCTY) exhibits a P/S ratio of , which is -100.00% above the industry average. Given its robust revenue growth of %, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of NCTY increased by 0.00% over the past 1 year. The primary factor behind the change was an decrease in Unknown from 0.00 to 0.00.
The secondary factor is the Unknown, contributed 0.00%to the performance.
Overall, the performance of NCTY in the past 1 year is driven by Unknown.
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FAQ
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