Contrasting The9 (NASDAQ:NCTY) and Bitdeer Technologies Group (NASDAQ:BTDR)

The9 (NASDAQ:NCTY) and Bitdeer Technologies Group (NASDAQ:BTDR) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, institutional ownership, valuation, dividends, risk and earnings.

Risk & Volatility

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

Analyst Recommendations

This is a summary of recent ratings and price targets for The9 and Bitdeer Technologies Group, as provided by MarketBeat.

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

Bitdeer Technologies Group has a consensus price target of $14.00, indicating a potential upside of 103.19%. Given Bitdeer Technologies Group’s higher probable upside, analysts clearly believe Bitdeer Technologies Group is more favorable than The9.

Profitability

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

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

Earnings and Valuation

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

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
The9	$25.22 million	2.46	$2.82 million	N/A	N/A
Bitdeer Technologies Group	$420.89 million	1.83	-$56.66 million	($0.41)	-16.80

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

Insider & Institutional Ownership

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

Summary

The9 beats Bitdeer Technologies Group on 7 of the 11 factors compared between the two stocks.

About The9

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.

About Bitdeer Technologies Group

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.