Comparing Bitdeer Technologies Group (NASDAQ:BTDR) & The9 (NASDAQ:NCTY)

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

Valuation and Earnings

This table compares Bitdeer Technologies Group and The9″s top-line revenue, earnings per share (EPS) and valuation.

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

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

Analyst Ratings

This is a summary of recent ratings and target prices for Bitdeer Technologies Group and The9, as reported by MarketBeat.com.

	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, suggesting a potential upside of 103.19%. Given Bitdeer Technologies Group’s higher possible upside, equities research analysts clearly believe Bitdeer Technologies Group is more favorable than The9.

Risk and Volatility

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

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

Institutional and Insider Ownership

22.3% of Bitdeer Technologies Group shares are held by institutional investors. Comparatively, 0.5% of The9 shares are held by institutional investors. 30.8% of The9 shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds 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 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.

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.