NCTY vs NTES vs DDI Stock Comparison

The9, NetEase and DoubleDown Interactive Prices as of Oct 26, 2026 Peers: Industry group
NCTY The9 LTD
$3.28 -10.1% 1M -66.4% 1Y
Market cap
$24.86M
P/E
0.5x
Revenue (TTM)
$11.12M
Div. yield
–
Video Games Technology
2 wins
NTES NetEase, Inc.
$118.32 +2.5% 1M -19.4% 1Y
Market cap
$75.54B
P/E
16.9x
Revenue (TTM)
$16.70B
Div. yield
2.48%
Video Games Technology
3 wins

Head to Head

11 decided of 12

DoubleDown Interactive leads on 6 of the 12 questions below (DoubleDown Interactive 6, NetEase 3, The9 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNCTYNTESDDILeader
Larger companyMarket capitalisation $24.86M $75.54B $674.92M NTES
Cheaper on earningsLower P/E, profitable companies only 0.5x 16.9x 5.4x NCTY
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 12.4x 5.4x DDI
Faster revenue growthRevenue growth, trailing twelve months -39.5% +9.8% +14.0% DDI
More profitableNet margin, trailing twelve months 409.6% 26.6% 32.9% NCTY
Better return on capitalReturn on invested capital — 22.7% 10.0% NTES
Less leveragedLower net debt / EBITDA -0.6x -1.4x -3.6x DDI
Higher dividend yieldTrailing dividend yield 0.00% 2.48% 0.00% –
Better 1-year returnPrice return, last 12 months -66.4% -19.4% +54.2% DDI
Better 5-year returnAnnualised price return, 5 years -50.5%/yr +3.4%/yr -4.2%/yr NTES
Less volatileAnnualised volatility, 1 year 91.8% 33.1% 32.1% DDI
Higher overall scoreMean of the five percentile scores vs peers 44/100 66/100 85/100 DDI

Percentile Scorecard

NCTYNTESDDI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNCTYNTESDDI
Valuation 27 #66 of 90 60 #37 of 90 94 #6 of 90
Growth 84 #13 of 75 45 #42 of 75 65 #27 of 75
Profitability 32 #51 of 75 97 #3 of 75 89 #9 of 75
Financial Health 33 #67 of 99 81 #20 of 99 93 #8 of 99
Shareholder Returns – 46 #20 of 36 –
Overall 44 66 85
  • NCTY ranked among 102 companies in Internet Platforms
  • NTES ranked among 102 companies in Internet Platforms
  • DDI ranked among 102 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNCTYNTESDDISPY
1 month -10.1%+2.5%+4.8% -0.8%
3 months -27.8%-4.4%+17.4% +3.5%
6 months -38.6%+6.3%+48.2% +7.0%
Year to date -48.5%-14.0%+57.8% +12.2%
1 year -66.4%-19.4%+54.2% +13.0%
3 years -36.6%+10.8%+71.1% +86.3%
3 years, per year -14.1%+3.5%+19.6% +23.1%
5 years -97.0%+17.9%-19.4% +68.6%
5 years, per year -50.5%+3.4%-4.2% +11.0%
10 years -99.3%+122.6%— +258.0%
10 years, per year -39.1%+8.3%— +13.6%

Risk

MeasureNCTYNTESDDISPY
Volatility, 1Y 91.8%33.1%32.1% 12.7%
Downside volatility, 1Y 85.7%32.6%27.1% 12.7%
Beta vs S&P 500, 1Y 2.270.500.60 1.00
Return / volatility, 1Y -0.72-0.581.69 1.02
Max drawdown, 5Y -97.7%-52.0%-56.9% -25.4%
From 52-week high -67.8%-19.8%-1.9% -1.8%
52-week high $10.19$147.56$13.88 $779.14
52-week low $3.12$109.26$8.25 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNCTYNTESDDI
P/E now vs peer median 0.5xmedian 17.9x 16.9xmedian 17.9x 5.4xmedian 17.9x
P/S now vs peer median 2.2xmedian 1.7x 4.5xmedian 1.7x 1.8xmedian 1.7x
EV/EBITDA now vs peer median -1.5xmedian 11.8x 10.7xmedian 11.8x 1.0xmedian 11.8x
P/FCF now vs peer median -6.4xmedian 10.1x 10.1xmedian 10.1x 4.6xmedian 10.1x
P/B now vs peer median 0.3xmedian 1.2x 3.1xmedian 1.2x 0.7xmedian 1.2x
PEG now vs peer median —median 0.38 2.36median 0.38 0.14median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNCTYNTESDDI
Revenue $11.12M $16.70B $380.04M
Gross profit $502.33K $11.22B $278.82M
Operating income -$32.57M $5.90B $136.83M
Net income $45.54M $4.75B $125.14M
Free cash flow -$3.90M $7.46B $146.82M
R&D $998.24K $2.59B $13.81M
EPS (diluted) $6.01 $6.91 $2.52
Cash & equivalents $1.88M $3.36B $455.22M
Total debt $86.29M $5.39B $32.44M
Shares (diluted) 7.58M 643.63M 49.55M
Enterprise value $3.27M $34.42B -$1.34B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNCTYNTESDDI
P/E 0.5x 16.9x 5.4x
P/FCF -6.4x 10.1x 4.6x
P/Operating cash flow -6.4x 10.3x 4.6x
P/S 2.2x 4.5x 1.8x
P/B 0.3x 3.1x 0.7x
P/Tangible book 0.3x 3.1x 0.7x
EV/EBITDA -1.5x 10.7x 1.0x
EV/EBIT -1.4x 11.3x 1.1x
EV/Revenue 4.0x 4.0x 0.4x
EV/FCF -11.3x 8.9x 1.0x
EV/Operating cash flow -11.3x 9.1x 1.0x
PEG (3Y EPS CAGR) – 2.36 0.14

Growth

14 metrics
MetricNCTYNTESDDI
Revenue growth (1Y) -39.5% 9.8% 14.0%
Revenue CAGR (3Y) – 5.5% 7.3%
Gross profit growth (1Y) 148.3% 16.9% 18.1%
Gross profit CAGR (3Y) – 11.5% 10.9%
Operating income growth (1Y) 31.3% 23.6% 4.0%
Operating income CAGR (3Y) – 22.2% 37.1%
Net income growth (1Y) 186.3% -2.8% 17.3%
Net income CAGR (3Y) – 9.2% 39.8%
EPS growth (1Y) 153.1% -4.7% 17.6%
EPS CAGR (3Y) – 7.2% 39.8%
Operating cash flow growth (1Y) – 13.9% 6.0%
Operating cash flow CAGR (3Y) – 19.3% 82.2%
Free cash flow growth (1Y) – 12.3% 6.6%
Free cash flow CAGR (3Y) – 17.2% 81.8%

Profitability

14 metrics
MetricNCTYNTESDDI
Gross margin 4.5% 67.2% 73.4%
EBITDA margin -266.3% 37.2% 38.6%
Operating margin -292.8% 35.3% 36.0%
Pretax margin 411.0% 34.9% 43.0%
Net margin 409.6% 26.6% 32.9%
FCF margin -35.1% 44.7% 38.6%
Operating cash flow margin -35.1% 44.0% 38.7%
Return on equity 67.5% 19.6% 12.6%
Return on assets 36.1% 14.0% 11.5%
Return on invested capital – 22.7% 10.0%
Return on capital employed -42.3% 23.0% 13.0%
Asset turnover 0.1x 0.5x 0.3x
Cash conversion (OCF / net income) -0.1x 1.5x 1.2x
Stock comp / revenue 63.5% 2.7% –

Financial Health

11 metrics
MetricNCTYNTESDDI
Debt / assets 14.7% 5.4% 2.9%
Debt / equity 0.3x 0.1x 0.0x
Net debt / EBITDA -0.6x -1.4x -3.6x
Debt / FCF -5.5x 0.2x 0.2x
Liabilities / assets 41.5% 28.0% 8.3%
Equity / assets 58.5% 72.0% 91.7%
Interest coverage -7.7x – 112.1x
Current ratio 2.6x 3.5x 18.7x
Quick ratio 0.1x 1.4x 18.6x
Cash ratio 0.0x 1.3x 17.3x
Altman Z-score -6.06 7.44 6.62

Shareholder Returns

7 metrics
MetricNCTYNTESDDI
Dividend yield – 2.5% –
Net buyback yield – 0.0% –
Shareholder yield 0.0% 2.5% 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNCTYNTESDDI
Forward P/E – 12.4xFY2026 5.4xFY2026
EPS, next fiscal year – $9.56FY2026 $2.51FY2026
EPS growth, next FY – +15.3%FY2026 +21.3%FY2026
EPS growth, the year after – +7.3% -7.6%
Revenue, next fiscal year – $17.10BFY2026 $349.27MFY2026
Revenue growth, next FY – +6.2%FY2026 -3.0%FY2026
Revenue growth, the year after – +7.4% +3.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNCTYNTESDDI
Held by institutions 0.8% 9.2% 19.0%
Institutions holding 9 458 51
Change in shares held, QoQ +25.7% +1.9% +15.4%
Institutions buying 4 261 38
Institutions selling 2 121 11
Buyers to sellers 2.00 2.16 3.45

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NCTYNTESDDI
NCTY 1.00 0.17 0.15
NTES 0.17 1.00 0.10
DDI 0.15 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NCTY, NTES and DDI?

NetEase (NTES) is the largest by market capitalisation: The9 (NCTY) $24.86M, NetEase (NTES) $75.54B, DoubleDown Interactive (DDI) $674.92M.

Which stock is cheaper, NCTY, NTES and DDI?

The9 (NCTY) trades on the lowest price-to-earnings ratio (The9 (NCTY) 0.5x, NetEase (NTES) 16.9x, DoubleDown Interactive (DDI) 5.4x). On next year's consensus earnings, DoubleDown Interactive (DDI) is cheapest (NetEase (NTES) 12.4x, DoubleDown Interactive (DDI) 5.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

DoubleDown Interactive (DDI) grew revenue fastest over the trailing twelve months: The9 (NCTY) -39.5%, NetEase (NTES) +9.8%, DoubleDown Interactive (DDI) +14.0%.

Which company is more profitable?

The9 (NCTY) has the highest net margin (The9 (NCTY) 409.6%, NetEase (NTES) 26.6%, DoubleDown Interactive (DDI) 32.9%). On return on invested capital, NetEase (NTES) leads (NetEase (NTES) 22.7%, DoubleDown Interactive (DDI) 10.0%).

Which stock has performed better?

Over the past year DoubleDown Interactive (DDI) returned the most: The9 (NCTY) -66.4%, NetEase (NTES) -19.4%, DoubleDown Interactive (DDI) +54.2%. Over five years, NetEase (NTES) compounded fastest (The9 (NCTY) -50.5%/yr, NetEase (NTES) +3.4%/yr, DoubleDown Interactive (DDI) -4.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: The9 (NCTY) 0.00%, NetEase (NTES) 2.48%, DoubleDown Interactive (DDI) 0.00%. The9 (NCTY) and DoubleDown Interactive (DDI) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, DoubleDown Interactive (DDI) has been the steadiest (The9 (NCTY) 91.8%, NetEase (NTES) 33.1%, DoubleDown Interactive (DDI) 32.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NCTY, NTES and DDI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, DoubleDown Interactive (DDI) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.