The9 Limited (NCTY) Fair Value 2026

NCTY · Capital Markets ·

By CirclFi Research Team · Data from SEC EDGAR, FRED & GDELT

Quality Score

5.1 /10

32 fundamental signals · 1 models active

Value Trap Risk

WARN (49/100)

Quick Summary — As of 2026-08-28, The9 Limited (NCTY) trades at $4.40. QOC: 5.1/10. Value Trap Risk: 49/100 (WARN). 1/13 models active.

Key Facts

Ticker
NCTY
Price
$4.40
Quality Score
5.1/10
Value Trap Risk
49/100
Models Active
1/13
Last Updated
Strength: 1 independent models provide multi-angle coverage
Risk: Value Trap score of 49 suggests caution despite apparent undervaluation

What Fair Value Does Each Model Give NCTY?

1 Intrinsic Value Models vs. Current Price ($4.40)

Core Models (Unlocked)
Model Fair Value Upside
Intrinsic · Medium Conviction
 $2.01 -54.2%

All Models Active

All 1 models are displayed above.

What Is The9 Limited (NCTY) Worth in 2026?

According to the CirclFi Deep Alpha Valuation Engine, The9 Limited's intrinsic value is estimated at $2.01. Trading at its current price of $4.40, the valuation engine raises significant caution: 1 of 1 models flag downside risk, projecting a median implied return of -54.2%.

What Do the Models Say About NCTY?

1 of 13 models are currently active for NCTY. All 1 active models suggest the stock trades above fair value. See which stocks rank higher →

How Does NCTY Rank in Capital Markets?

Among 103 Capital Markets stocks, NCTY ranks #70 by Quality of Company score. CirclFi's QOC score of 5.1/10 evaluates 32 fundamental signals. A score of 5.1 reflects mixed fundamentals.

See all Most Undervalued Capital Markets Stocks →

The Capital Markets sector introduces analytical considerations specific to banking businesses. For The9 Limited, metrics like non-performing loan ratio provide important context that general-purpose valuation models may underweight.

Is NCTY a Value Trap?

CirclFi's Value Trap algorithm assigns NCTY a score of 49/100 (WARN). This is a warning signal. Additional research into recent 10-Q filings is recommended. The score cross-references apparent undervaluation against fundamental deterioration signals. Browse lowest value-trap stocks →

Multi-Model Methodology

1 of 13 models are active for The9 Limited. Limited activation may indicate insufficient history. Each model applies a fundamentally different valuation philosophy. See the complete methodology →

According to the CirclFi Deep Alpha Valuation Engine, The9 Limited scores 5.1 out of 10 on our 32-signal quality assessment, a moderate rating that shows mixed signals across our quality framework with notable weaknesses. The QOC score synthesizes profitability margins, revenue growth reliability, debt management, and capital allocation into a single metric designed to separate durable businesses from statistically cheap ones.

CirclFi runs 13 independent models for each stock. Browse all stocks with 13-model coverage →

Data Sources & Confidence

Every NCTY valuation is built from SEC EDGAR XBRL filings — 700+ standardized financial tags. Macroeconomic context from FRED calibrates discount rates, while GDELT news sentiment feeds into our Sentiment SOTP model. All pipelines run daily. Read the complete data methodology →

Across NCTY's 1 active models, average confidence is 42%. Lower confidence may reflect limited history or high volatility.

CirclFi's output is a research starting point, not a buy/sell signal. All data updates daily. Read the full methodology →

This analysis is produced by the CirclFi Valuation Engine using quantitative models applied to SEC EDGAR filings, public market feeds, and FRED macroeconomic indicators. It is not financial advice.

Read the full investment analysis: Should You Buy The9 Limited Stock in 2026? →

Bull case, bear case, risk factors & peer comparison — updated daily

Which Similar Capital Markets Stocks Should You Also Analyze?

11 related Capital Markets stocks with 13-model coverage

TAOXTAO Synergies Inc.QOC 5.1STKESol Strategies Inc.QOC 5.1VIPVulcan Infrastructure and Power Inc.QOC 5.2ARBKArgo Blockchain plcQOC 5.0AUCATIF Holdings LimitedQOC 5.2DEFTDeFi Technologies Inc.QOC 5.0WTFWaton Financial LimitedQOC 2.9FIGRFigure Technology Solutions, Inc.QOC 7.8LCLNLincoln International, Inc.QOC 6.1FUTUFutu Holdings LimitedQOC 9.8HOODRobinhood Markets, Inc.QOC 9.7

Read investment analysis: TAOX · STKE · VIP · ARBK · AUC · DEFT · WTF · FIGR · LCLN · FUTU · HOOD

Which Other Stocks Have a Similar Quality Score to NCTY?

7 companies across all industries closest to NCTY’s Quality of Company score of 5.1/10.

MCAGMountain Crest Acquisition Corp. VQOC 5.1FACTFACT II Acquisition CorpQOC 5.1ARECAmerican Resources CorporationQOC 5.1SLSSELLAS Life Sciences Group, Inc.QOC 5.1BRLLBarrel Energy, Inc.QOC 5.1CRCECircle Energy, Inc.QOC 5.1NVDANVIDIA CorporationQOC 10.0

Read investment analysis: MCAG · FACT · AREC · SLS · BRLL · CRCE · NVDA

Where Does NCTY Sit in CirclFi's Capital Markets Rankings?

NCTY is ranked against every other Capital Markets stock CirclFi covers in each of these screens.

See all Capital Markets stocks ranked →

What Else Do Investors Ask About The9 Limited’s Valuation?

What is The9 Limited's intrinsic value in 2026?

CirclFi does not yet have enough active models to publish a median fair value for The9 Limited (NCTY). The Quality of Company score is 5.1/10 across 32 fundamental signals. All models use SEC EDGAR filings updated daily. See our methodology page for how each model works.

Is NCTY overvalued or undervalued right now?

At $4.40, 0 of 1 active models suggest NCTY may be undervalued, while 1 indicate potential overvaluation. The assessment depends on which methodology best fits The9 Limited's business model in Capital Markets.

What does a Quality of Company score of 5.1 mean for NCTY?

The9 Limited's QOC of 5.1/10 reflects 32 fundamental signals: profitability margins, revenue growth consistency, balance sheet leverage, free cash flow generation, and capital allocation efficiency. Scores between 5-7 reflect moderate fundamentals with areas for improvement.

How many valuation models does CirclFi run on NCTY?

CirclFi analyzes NCTY with 13 institutional-grade models daily: Bayesian DCF (Monte Carlo + jump-diffusion), EPV (Greenwald zero-growth), EROIC Spread (McKinsey reinvestment), First Chicago (3-scenario), Markov DDM (regime-switching), ML-RIV (machine learning residual income), Dynamic NAV (asset-based), PWERM (option-theoretic), Regime Cross-Sectional (relative), Sentiment SOTP (hybrid), CUCE Ensemble (meta-model), FTNN Topology (neural network), and RCMH-DCF (conditional regime). Currently 1 of 13 are active for this stock. Read the full methodology →

Is NCTY a value trap in 2026?

The9 Limited's Value Trap score is 49/100 (WARN). This elevated score suggests the stock may look undervalued but faces deteriorating fundamentals — declining margins, rising debt, or shrinking revenue could make the apparent discount deceptive. Browse our ranked stock lists to compare value-trap scores across industries. Browse stocks by value-trap risk →

Cite this analysis — “CirclFi assigns The9 Limited (NCTY) a Quality of Company score of 5.1/10 across 32 fundamental signals as of 2026-08-28.” Source: circlfi.com/stock/NCTY/ · Methodology
Primary sources for this NCTY valuation
  • Financial statements: The9 Limited 10-K and 10-Q filings on SEC EDGAR (CIK 0001296774) — 700+ standardized XBRL tags, published by the U.S. Securities and Exchange Commission.
  • Discount-rate inputs: FRED, Federal Reserve Bank of St. Louis — risk-free rates, VIX, yield curve, inflation.
  • News sentiment: The GDELT Project — global media tone, input to the Sentiment SOTP model.
  • Model definitions: CirclFi methodology — the published specification for all 13 models, including the academic sources each one implements.

Market data for NCTY as of ; valuations recomputed .