Core Scientific (NASDAQ:CORZ – Get Free Report) and The9 (NASDAQ:NCTY – Get Free Report) are both finance companies, but which is the better business? We will contrast the two businesses based on the strength of their earnings, profitability, analyst recommendations, valuation, risk, dividends and institutional ownership.
Profitability
This table compares Core Scientific and The9’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Core Scientific | N/A | N/A | N/A |
The9 | N/A | N/A | N/A |
Valuation and Earnings
This table compares Core Scientific and The9″s revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Core Scientific | $502.40 million | 9.15 | -$1.51 billion | ($5.41) | -3.04 |
The9 | $25.22 million | 3.67 | $2.82 million | N/A | N/A |
Analyst Recommendations
This is a breakdown of recent ratings and recommmendations for Core Scientific and The9, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Core Scientific | 0 | 0 | 13 | 1 | 3.07 |
The9 | 0 | 0 | 0 | 0 | 0.00 |
Core Scientific currently has a consensus target price of $18.38, indicating a potential upside of 11.62%. Given Core Scientific’s stronger consensus rating and higher probable upside, analysts clearly believe Core Scientific is more favorable than The9.
Institutional & Insider Ownership
0.5% of The9 shares are owned by institutional investors. 30.8% of The9 shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
Summary
Core Scientific beats The9 on 6 of the 9 factors compared between the two stocks.
About Core Scientific
Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment. In addition, the company provides electrical power, repair, and other infrastructure services to operate, maintain, and earn digital assets; and sells mining equipment to customers. Core Scientific, Inc. was founded in 2017 and is headquartered in Dover, Delaware.
About The9
The9 Limited operates as a cryptocurrency mining business in China, Eastern Europe, Asia, and North America. 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.
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