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DTF vs NCTY

DTF
DTF Tax-Free Income 2028 Term Fund Inc.
BEARISH
Price
$11.44
Market Cap
$80.4M
Sector
Financial Services
AI Confidence
85%
NCTY
The9 Limited
BEARISH
Price
$5.38
Market Cap
$81.4M
Sector
Financial Services
AI Confidence
95%

Valuation

P/E Ratio
DTF
34.67
NCTY
--
Forward P/E
DTF
--
NCTY
--
P/B Ratio
DTF
0.94
NCTY
1.36
P/S Ratio
DTF
29.15
NCTY
1.0
EV/EBITDA
DTF
--
NCTY
-1288.89

Profitability

Gross Margin
DTF
100.0%
NCTY
-12.09%
Operating Margin
DTF
66.62%
NCTY
-111.45%
Profit Margin
DTF
84.85%
NCTY
-174.49%
ROE
DTF
2.74%
NCTY
-38.2%
ROA
DTF
1.3%
NCTY
-6.14%

Growth

Revenue Growth
DTF
-5.2%
NCTY
-32.6%
Earnings Growth
DTF
63.8%
NCTY
--

Financial Health

Debt/Equity
DTF
--
NCTY
0.41
Current Ratio
DTF
2.91
NCTY
1.54
Quick Ratio
DTF
2.91
NCTY
0.15

Dividends

Dividend Yield
DTF
3.41%
NCTY
--
Payout Ratio
DTF
118.18%
NCTY
0.0%

AI Verdict

DTF BEARISH

DTF exhibits a stable Piotroski F-Score of 6/9, but this is overshadowed by significant valuation and sustainability concerns. The stock is currently trading at $11.44, a notable premium over its Graham Number ($9.49) and Intrinsic Value ($9.74). Most critically, the dividend payout ratio of 118.18% indicates that the fund is returning more capital than it earns, which is unsustainable. Combined with a 0/100 technical trend and negative revenue growth, the outlook is poor despite the high profit margins typical of asset management.

Strengths
Stable Piotroski F-Score (6/9) indicating decent operational health
Strong liquidity with a Current Ratio of 2.91
Trading slightly below book value (P/B 0.94)
Risks
Unsustainable dividend payout ratio (118.18%)
Trading at a premium to both Graham and Intrinsic value estimates
Negative year-over-year revenue growth (-5.20%)
NCTY BEARISH

NCTY exhibits a stable Piotroski F-Score of 5/9, but this is overshadowed by catastrophic operational failures. The company suffers from negative gross margins (-12.09%) and a severe revenue contraction of -32.60% YoY, indicating a failing core business model. With a 5-year price decline of 97.4% and a technical trend score of 0/100, the stock is in a persistent freefall with no fundamental catalyst for recovery.

Strengths
Low Debt/Equity ratio (0.41) suggests limited leverage risk
Current Ratio of 1.54 indicates short-term solvency
Piotroski F-Score of 5/9 suggests baseline financial stability
Risks
Negative Gross Margin (-12.09%) means the company loses money on every unit sold
Severe revenue decline (-32.60% YoY) indicates shrinking market share or demand
Extremely low Quick Ratio (0.15) suggests a lack of liquid assets to cover liabilities

Compare Another Pair

DTF vs NCTY: Head-to-Head Comparison

This page compares DTF Tax-Free Income 2028 Term Fund Inc. (DTF) and The9 Limited (NCTY) across key fundamental metrics including valuation ratios, profitability margins, growth rates, financial health indicators, and dividend metrics. Each metric highlights the better-performing stock so you can quickly identify relative strengths and weaknesses.

Our AI engine independently analyzes each company's financials, competitive position, and market conditions to produce a verdict (Bullish, Neutral, or Bearish) along with key strengths and risks. Use this comparison alongside your own research to make informed investment decisions.

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