Added to YB: 2026-07-29
Pitch date: 2026-07-27
3659.T [bullish]
NEXON Co., Ltd.
+26.62%
current return
Author Info
No bio for this author
Company Info
NEXON Co., Ltd. engages in the production, development, and distribution of video games and mobile games in Japan and internationally.
Market Cap
JPY 1.9T
Pitch Price
JPY 2.5K
Price Target
N/A
Dividend
2.52%
EV/EBITDA
6.77
P/E
15.50
EV/Sales
2.05
Sector
Entertainment
Category
special_situation
3 interesting ideas again - NEXON Co., Ltd.
3659.T: S. Korea's largest game dev (Tokyo-listed) at 16x NTM P/E, ~13% FCF yield on EV. DNF mobile weakness overshadows ARC Raiders breakout (NA rev +310% YoY) penetrating Western PC/console. New CEO capital returns: 2026 div JPY60 + buybacks = ~8% EV. Cash 170% of rev, no debt. Tencent/PIF takeover optionality; founding family may sell.
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