Financials NEXON Games Co., Ltd.

Equities

A225570

KR7225570001

Software

End-of-day quote Korea S.E. 06:00:00 2024-07-11 pm EDT 5-day change 1st Jan Change
18,200 KRW +0.22% Intraday chart for NEXON Games Co., Ltd. -6.14% +21.50%

Valuation

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Capitalization 1 216,868 825,568 956,246 1,161,940 - -
Enterprise Value (EV) 2 216.9 825.6 857.8 991.9 870.9 693.9
P/E ratio -10.6 x - 86.1 x 44.9 x 15.4 x 13.4 x
Yield - - - - - -
Capitalization / Revenue - 6.24 x 4.95 x 4.63 x 3.6 x 3.24 x
EV / Revenue - 6.24 x 4.44 x 3.95 x 2.7 x 1.93 x
EV / EBITDA - - 39.8 x 20.9 x 8.03 x 5.69 x
EV / FCF - - 25.9 x 19.1 x 7.14 x 3.88 x
FCF Yield - - 3.86% 5.24% 14% 25.8%
Price to Book - - 3.64 x 3.82 x 3.05 x 2.47 x
Nbr of stocks (in thousands) 28,839 63,750 63,835 63,843 - -
Reference price 3 7,520 12,950 14,980 18,200 18,200 18,200
Announcement Date 3/30/20 3/13/23 2/8/24 - - -
1KRW in Million2KRW in Billions3KRW
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Net sales 1 - 132.4 193.3 251.1 322.8 359.2
EBITDA 1 - - 21.55 47.5 108.5 122
EBIT 1 - - 12.01 37.35 97.7 111
Operating Margin - - 6.22% 14.87% 30.27% 30.89%
Earnings before Tax (EBT) 1 - - 15.74 38.25 100.9 117.2
Net income 1 -17.07 6.048 11.29 26.7 78 89.7
Net margin - 4.57% 5.84% 10.63% 24.17% 24.98%
EPS 2 -710.0 - 174.0 405.5 1,185 1,362
Free Cash Flow 3 - - 33,089 52,000 122,000 179,000
FCF margin - - 17,120.5% 20,708.88% 37,800.15% 49,839.9%
FCF Conversion (EBITDA) - - 153,569.7% 109,473.68% 112,442.4% 146,721.31%
FCF Conversion (Net income) - - 292,969.19% 194,756.55% 156,410.26% 199,554.07%
Dividend per Share - - - - - -
Announcement Date 3/30/20 3/13/23 2/8/24 - - -
1KRW in Billions2KRW3KRW in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 52.16 43.43 56.48 41.21 52.63 43.45 87.45 67.6 91.9 77.3
EBITDA - - - - - - - - - -
EBIT 1 12.72 0.182 9.551 -10.44 2.469 -7.35 29.45 12.75 35.4 20.5
Operating Margin 24.38% 0.42% 16.91% -25.32% 4.69% -16.92% 33.68% 18.86% 38.52% 26.52%
Earnings before Tax (EBT) 1 - -1.538 10.76 -8.537 1.883 -6 52.2 30.4 35.6 21
Net income 1 11.94 -3.021 7.715 -5.336 -0.22 -6.15 23 10 27.1 16
Net margin 22.88% -6.96% 13.66% -12.95% -0.42% -14.15% 26.3% 14.79% 29.49% 20.7%
EPS - -47.00 119.0 -83.00 -3.000 - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 5/11/23 8/9/23 11/9/23 2/8/24 5/14/24 - - - - -
1KRW in Billions
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2022 2023 2024 2025 2026
Net Debt 1 - - - - - -
Net Cash position 1 - - 98.4 170 291 468
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 2 - - 33,089 52,000 122,000 179,000
ROE (net income / shareholders' equity) - - 4.52% 8.95% 22.6% 18.4%
ROA (Net income/ Total Assets) - - 3.26% 5.95% 15.5% 13.3%
Assets 1 - - 346.2 448.7 503.2 674.4
Book Value Per Share 3 - - 4,117 4,766 5,976 7,374
Cash Flow per Share 3 - - 568.0 31.00 911.0 346.0
Capex 1 - - 3.77 2 - -
Capex / Sales - - 1.95% 0.8% - -
Announcement Date 3/30/20 3/13/23 2/8/24 - - -
1KRW in Billions2KRW in Million3KRW
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
18,200 KRW
Average target price
22,500 KRW
Spread / Average Target
+23.63%
Consensus
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