Valuation NEXON Co., Ltd.

Equities

3659

JP3758190007

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Market Closed - Japan Exchange Other stock markets 12:00:00 14/01/2026 pm IST			5-day change	1st Jan Change
4,177.00 ^JPY	+0.94%		+3.65%	+9.15%

05/01	Tranche Update on NEXON Co., Ltd.'s Equity Buyback Plan announced on November 11, 2025.	CI
22/11	NEXON Co., Ltd., Q3 2025 Earnings Call, Nov 11, 2025

Company Valuation: NEXON Co., Ltd.

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	28,19,386	19,94,121	25,58,406	21,87,677	19,66,510	32,72,398	32,72,398	-
Change	-	-29.27%	28.3%	-14.49%	-10.11%	66.41%	0%	-
Enterprise Value (EV) ¹	22,82,934	14,45,380	19,86,794	17,16,105	14,05,643	26,66,060	26,07,496	25,40,935
Change	-	-36.69%	37.46%	-13.62%	-18.09%	89.67%	-2.2%	-2.55%
P/E ratio	50x	17.3x	25.8x	31x	14.7x	30.4x	26.7x	24.3x
PBR	3.97x	2.37x	2.97x	2.41x	1.92x	3.16x	2.92x	2.74x
PEG	-	0x	-2.3x	-1.1x	0.2x	-1.9x	1.9x	2.46x
Capitalization / Revenue	9.62x	7.27x	7.23x	5.17x	4.41x	6.8x	6.34x	6.03x
EV / Revenue	7.79x	5.27x	5.62x	4.05x	3.15x	5.54x	5.05x	4.68x
EV / EBITDA	19x	14.5x	18x	12x	10.5x	17x	15.7x	14.4x
EV / EBIT	20.5x	15.8x	19.2x	12.7x	11.3x	18.2x	16.7x	15.3x
EV / FCF	18x	13.9x	17.4x	13.7x	18.3x	19.3x	20.2x	19.1x
FCF Yield	5.57%	7.22%	5.74%	7.3%	5.45%	5.18%	4.95%	5.23%
Dividend per Share ²	5	7.5	10	10	22.5	39.86	48.5	51.3
Rate of return	0.16%	0.34%	0.34%	0.39%	0.95%	0.96%	1.17%	1.24%
EPS ²	63.57	128.9	114.7	82.89	161.8	136	155.2	170.5
Distribution rate	7.87%	5.82%	8.72%	12.1%	13.9%	29.3%	31.2%	30.1%
Net sales ¹	2,93,024	2,74,462	3,53,714	4,23,356	4,46,211	4,80,916	5,16,384	5,42,590
EBITDA ¹	1,20,024	1,00,009	1,10,463	1,43,343	1,34,318	1,56,851	1,65,706	1,76,296
EBIT ¹	1,11,450	91,541	1,03,696	1,34,745	1,24,176	1,46,802	1,56,256	1,66,533
Net income ¹	56,220	1,14,888	1,00,339	70,609	1,34,848	1,09,088	1,21,787	1,29,735
Net Debt ¹	-5,36,452	-5,48,741	-5,71,612	-4,71,572	-5,60,867	-6,06,338	-6,64,902	-7,31,463
Reference price ²	3,180.00	2,224.00	2,962.00	2,569.50	2,376.50	4,138.00	4,138.00	4,138.00
Nbr of stocks (in thousands)	8,86,599	8,96,637	8,63,743	8,51,402	8,27,482	7,90,816	7,90,816	-
Announcement Date	09/02/21	08/02/22	09/02/23	08/02/24	13/02/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
NEXON CO., LTD.	30.43x	5.54x	17x	0.96%	2.06TCr
NETEASE, INC.	17.84x	4.23x	12.32x	1.98%	9.05TCr
37 INTERACTIVE ENTERTAINMENT NETWORK TECHNOLOGY GROUP CO., LTD.	21.4x	3.62x	17.04x	3.78%	944.07Cr
KRAFTON, INC.	12.16x	2.28x	5.29x	-.--%	710.23Cr
SQUARE ENIX HOLDINGS CO., LTD.	33.91x	2.57x	13x	1.51%	623.05Cr
PERFECT WORLD CO., LTD.	43.87x	4.88x	23.28x	1.09%	520.73Cr
XD INC.	23.33x	5.1x	17.59x	0.61%	526.67Cr
G-BITS NETWORK TECHNOLOGY (XIAMEN) CO., LTD.	21.04x	5.18x	13.84x	3.71%	493.73Cr
KOEI TECMO HOLDINGS CO., LTD.	17.64x	6.43x	16.15x	2.95%	394.17Cr
NCSOFT CORPORATION	13.72x	2.3x	27.17x	0.63%	323.66Cr
Average	23.53x	4.21x	16.27x	1.72%	1.56TCr
Weighted average by Cap.	21.15x	4.31x	13.92x	1.82%