Coinbase Global (NASDAQ:COIN – Get Free Report) and The9 (NASDAQ:NCTY – Get Free Report) are both business services companies, but which is the superior investment? We will contrast the two companies based on the strength of their earnings, profitability, analyst recommendations, dividends, institutional ownership, valuation and risk.
Analyst Ratings
This is a breakdown of recent ratings and price targets for Coinbase Global and The9, as reported by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Coinbase Global | 1 | 9 | 10 | 0 | 2.45 |
The9 | 0 | 0 | 0 | 0 | 0.00 |
Coinbase Global presently has a consensus target price of $255.22, indicating a potential downside of 12.98%. Given Coinbase Global’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Coinbase Global is more favorable than The9.
Volatility and Risk
Institutional and Insider Ownership
68.8% of Coinbase Global shares are held by institutional investors. Comparatively, 0.5% of The9 shares are held by institutional investors. 23.4% of Coinbase Global shares are held by insiders. Comparatively, 30.8% of The9 shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability
This table compares Coinbase Global and The9’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Coinbase Global | 29.76% | 14.81% | 0.41% |
The9 | N/A | N/A | N/A |
Earnings & Valuation
This table compares Coinbase Global and The9″s revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Coinbase Global | $3.11 billion | 23.62 | $94.87 million | $5.86 | 50.05 |
The9 | $179.05 million | 0.67 | $2.82 million | N/A | N/A |
Coinbase Global has higher revenue and earnings than The9.
Summary
Coinbase Global beats The9 on 11 of the 12 factors compared between the two stocks.
About Coinbase Global
Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions. It also provides technology and services that enable developers to build crypto products and securely accept crypto assets as payment. The company was founded in 2012 and is based in Wilmington, 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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