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The9FRA:FZK0 -6.35%55 EV-to-EBIT is 6.49 as of Sep. 01, 2026. GuruFocus rates FRA:FZK0 with a GF Score™ of 55/100 and a GF Value™ of €2.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 486 Capital Markets companies, The9 ranks better than 61.11% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, The9's Enterprise Value is €76.48 Mil.
The9's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €11.79 Mil. Therefore, The9's EV-to-EBIT for today is 6.49.
The historical rank and industry rank for The9's EV-to-EBIT or its related term are showing as below:
FRA:FZK0'
s EV-to-EBIT Range Over the Past 10 Years
Min: -17.83 Med: -1.02 Max: 7.32
Current: 7.32
During the past 13 years, the highest EV-to-EBIT of The9 was 7.32. The lowest was -17.83. And the median was -1.02.
FRA:FZK0's EV-to-EBIT is ranked better than 61.11% of 486
companies
in the Capital Markets industry
Industry Median: 9.34
vs FRA:FZK0: 7.32
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
The9's Enterprise Value for the quarter that ended in Jun. 2026 was €86.43 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The9's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €11.79 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The9 EV-to-EBIT Related Terms
The9 EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for The9's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:FZK0 vs BTCS, AUC, CFOR: EV-to-EBIT Comparison
For the Capital Markets subindustry, The9's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The9 EV-to-EBIT vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, The9's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where The9's EV-to-EBIT falls into.
The9's current Enterprise Value is €76.48 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. The9's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €11.79 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The9 (FRA:FZK0) has a EV-to-EBIT of 6.49 as of Sep. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on The9 and its competitors. According to the industry distribution chart, The9 ranks #189 out of 486 companies in the Capital Markets industry, placing it in the top 38.9%.
Is The9's EV-to-EBIT too high?
The9's current EV-to-EBIT is 6.49. The Capital Markets industry median EV-to-EBIT is 9.34. The9's value of 6.49 is 30.5% below this industry median. Based on the distribution chart, The9 ranks #189 out of 486 companies in the Capital Markets industry, which is above the industry midpoint. Overall, The9 has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The9's EV-to-EBIT compare to BTCS and AUC?
According to the Capital Markets industry distribution chart, The9 ranks #189 out of 486 companies for EV-to-EBIT. This puts The9 in the upper half of its industry. The industry median EV-to-EBIT is 9.34. The9's value of 6.49 is 30.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Capital Markets company?
The median EV-to-EBIT among Capital Markets companies is 9.34, based on 486 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The9's current EV-to-EBIT of 6.49 is 30.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on The9 and its competitors. For the Capital Markets industry, the median EV-to-EBIT is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The9's current EV-to-EBIT is 6.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The9 stock overvalued right now?
Based on GuruFocus' analysis, The9 (FRA:FZK0) is currently considered Significantly Overvalued. The stock's GF Value™ is €2.13, compared to a current price of €3.54 — trading 66.2% above its estimated fair value. The current EV-to-EBIT is 6.49 and 30.5% below the Capital Markets industry median of 9.34. The9's overall GF Score™ is 55/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For The9 (FRA:FZK0), the current EV-to-EBIT is 6.49 as of Sep. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is The9 (FRA:FZK0) Overvalued in 2026?
Based on GuruFocus' analysis, The9 stock appears to be overvalued.
The current stock price of €3.54 is trading 66.2% above its estimated GF Value™ of €2.13.
GuruFocus considers The9 to be Significantly Overvalued.
Key valuation signals for FRA:FZK0:
EV-to-EBIT: 6.49
GF Value™: €2.13 vs. price of €3.54 (66.2% above fair value)
Industry Position: 30.5% below the Capital Markets median (#189 of 486)
No single metric tells the full story. See the FRA:FZK0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The9 Ltd operates a cryptocurrency mining business. It provides computing power, or hash rate, to a Bitcoin mining pool and is entitled to receive a fractional share of Bitcoin award from the Bitcoin mining pool in return. The company generates its revenues from customers in Greater China, Asia/Eastern Europe, and North America. Its segments are: Crypto mining business, and Online game services, out of which Crypto mining business derives maximum revenue.
55GF Score
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