Is NAKA or NCTY more undervalued in 2026?

CirclFi compares Nakamoto Inc. (NAKA) and The9 Limited - American Deposit (NCTY) using 13 institutional-grade valuation models. NAKA has a Quality of Company score of 3.9/10 while NCTY scores 4.9/10.

Which is a better buy — NAKA or NCTY?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do NAKA and NCTY valuations compare?

NAKA at $5.60 and NCTY at $5.39 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

NAKA vs NCTY Valuation Comparison 2026 — Intrinsic Value Analysis

NAKA

Capital Markets

Nakamoto Inc.

Quality

3.9

out of 10

Value Trap

LOW

Price

$5.60

Last close

Models

9/13

Active

NCTY

Capital Markets

The9 Limited - American Deposit

Quality

4.9

out of 10

Value Trap

SAFE

Price

$5.39

Last close

Models

9/13

Active

Model-by-Model Comparison

Model	Type	NAKA Fair Value	NAKA Upside	NCTY Fair Value	NCTY Upside
Bayesian DCF	Intrinsic	$1.59	-71.5%	$0.66	-87.8%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$0.27	+63.9%	$0.46	-91.4%
Dynamic NAV	Asset-Based	$0.53	-90.5%	—	—
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%

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NAKA vs NCTY — Which Stock Is More Undervalued?

NCTY scores higher with a 4.9/10 quality rating vs NAKA's 3.9/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Nakamoto Inc. (NAKA) and The9 Limited - American Deposit (NCTY) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

NAKA currently trades at $5.60 with a QOC of 3.9/10, while NCTY trades at $5.39 with a QOC of 4.9/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).