COMP <GO>
NCTY vs VIP // EV/EBITDA & P/E VALUATION
The9 Limited American Depository Shares (NASDAQ) VS. Vulcan Infrastructure and Power Inc. (Class A) (NASDAQ) • 15-METRIC TALLY: NCTY 1
— VIP 4
■ METRIC PARITY
LAST: $2.67 (-10.70%) • MKT CAP: $45.7M
valuation
—
LAST: $1.17 (-8.59%) • MKT CAP: $49.0M
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NCTY VS. VIP)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NCTY | VIP | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | -35.00% | 0.00 | TIE | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -9.48% | — | — | TIE | /fcf-yield <GO> |
| Operating Margin | -60.00% | -6.50% | -53.50 | VIP | /operating-margins <GO> |
| Net Profit Margin | — | 9.00% | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 0.80% | -1.30% | +2.10 | NCTY | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 1/9 | 2/9 | -1.00 | VIP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 37.1 | 37.2 | -0.10 | VIP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 8.9x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $45.7M | $49.0M | -$3.3M | VIP | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NCTY REV | VIP REV | NCTY GROSS % | VIP GROSS % | NCTY FCF | VIP FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $15.4M | $58.8M | — | — | -$4.5M | -$15.0M |
| FY 2024 | $15.3M | $59.5M | — | — | -$6.1M | -$12.0M |
| FY 2023 | $25.2M | $70.4M | — | — | -$6.5M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NCTY // BETA —
VIP // BETA —