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Added to YB: 2024-09-16

Pitch date: 2024-09-12

A225570.KS [bullish]

NEXON Games Co., Ltd.

-22.59%

current return

Author Info

No bio for this author

Company Info

NEXON Games Co., Ltd. operates as a game developer. The company develops games in various platforms of PC, mobile, and console worldwide.

Market Cap

KRW 1.0T

Pitch Price

KRW 16.2K

Price Target

28.0K (+124%)

Dividend

N/A

EV/EBITDA

171.38

P/E

-114.75

EV/Sales

4.64

Sector

Entertainment

Category

value

Show full summary:
Nexon Games (225570 KQ/Buy)Valuation at rock bottom; strong Buy

A225570.KS: Nexon Games at rock bottom valuation. First Descendant concerns overblown, W100bn annual OP potential. Blue Archive thriving, W360bn annual revenue est. Strong multi-platform capabilities. 2025F P/E 13x, lowest among peers. TP W28,000. New title momentum from 1H25 with Project DW.

Read full article (2 min)