Head to Head Contrast: Bitdeer Technologies Group (NASDAQ:BTDR) versus The9 (NASDAQ:NCTY)

Bitdeer Technologies Group (NASDAQ:BTDRGet Free Report) and The9 (NASDAQ:NCTYGet Free Report) are both small-cap business services companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, dividends, earnings, valuation and risk.

Institutional & Insider Ownership

22.3% of Bitdeer Technologies Group shares are owned by institutional investors. Comparatively, 0.5% of The9 shares are owned by institutional investors. 30.8% of The9 shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Risk & Volatility

Bitdeer Technologies Group has a beta of 1.9, suggesting that its share price is 90% more volatile than the S&P 500. Comparatively, The9 has a beta of 1.92, suggesting that its share price is 92% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Bitdeer Technologies Group and The9, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitdeer Technologies Group 0 0 8 0 3.00
The9 0 0 0 0 N/A

Bitdeer Technologies Group currently has a consensus price target of $14.00, indicating a potential upside of 96.63%. Given Bitdeer Technologies Group’s higher possible upside, equities analysts plainly believe Bitdeer Technologies Group is more favorable than The9.

Earnings and Valuation

This table compares Bitdeer Technologies Group and The9″s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Bitdeer Technologies Group $420.89 million 1.89 -$56.66 million ($0.41) -17.37
The9 $179.05 million 0.35 $2.82 million N/A N/A

The9 has lower revenue, but higher earnings than Bitdeer Technologies Group.

Profitability

This table compares Bitdeer Technologies Group and The9’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Bitdeer Technologies Group -5.69% -2.56% -1.40%
The9 N/A N/A N/A

Summary

The9 beats Bitdeer Technologies Group on 6 of the 11 factors compared between the two stocks.

About Bitdeer Technologies Group

(Get Free Report)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account. The company also operates mining datacenters to generate hash rate; handles various processes involved in computing, such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations; and sells mining machines. The company is headquartered in Singapore.

About The9

(Get Free Report)

The9 Limited, together with its subsidiaries, operates as Internet company in the People's Republic of China and internationally. It also involves in the operation of cryptocurrency mining and Non-Fungible Token platform NFTSTAR, a NFT trading and community platform that provides users with purchase, trade, and interactive activities. The company was formerly known as GameNow.net Limited and changed its name to The9 Limited in February 2004. The9 Limited was incorporated in 1999 and is headquartered in Shanghai, the People's Republic of China.

Receive News & Ratings for Bitdeer Technologies Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitdeer Technologies Group and related companies with MarketBeat.com's FREE daily email newsletter.