Loading…
← CockpitCompetitor Analysis › 225570.KS NEXON Games Co. Ltd.Open in the cockpit ↗

NEXON Games Co. Ltd.225570.KSCompetitor analysis, valuation and peers

South Korea · KRW·Information Technology›Packaged Software
Momentum strong 76
Mkt cap
$457M
US dollars, full cap
Free float
32%
of shares outstanding
$/day
$947,956
20-day average traded
Fwd P/E
24.8×
forward earnings
ROIC−WACC
-25.6 pp
WACC 5.5%
Hurdle
n/a
no reverse DCF
Next earnings
139 days
25 Mar 2027
Close · KRW₩9,760
1D+1.5%
1W+1.0%
1M-6.5%
3M+2.9%
6M-17.7%
YTD-18.7%
1Y-25.8%
ATR %4.7%
52w lowhigh31.0% off high

What NEXON Games does

No business profile yet.

NEXON Games at a glance

Size NEXON Games (225570.KS) is a South Korea Information Technology company (Packaged Software) with a market value of $457M, the 355th largest of 495 South Korea companies the cockpit tracks. Shares closed at ₩9,760 on 6 Nov 2026.

Performance Over six months the shares fell 17.7%, against -13.5% for the median peer and -24.5% for the South Korea market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue fell 31.0% over the last twelve months (peer median +7.9%); the operating margin is -25.5% (peer median 8.2%).

Valuation It trades at 24.8× forward earnings against a peer median of 24.0× (5th most expensive of 12).

Capital Return on invested capital runs 25.6 points below its cost of capital (5.5% WACC).

Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).

Relative performance

70809010011 May 202611 Aug 20266 Nov 2026Peer median 87225570.KS 83
Six months, rebased to 100: NEXON Games against the median of its 20 peers (local-currency closes).

NEXON Games financials

Reported figures in KRW; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₩172B₩179B₩256B₩193B₩132B
Revenue growth—-30%+32%+46%—
EBITDA-₩25.4B-₩43.1B₩53.5B₩21.5B₩9.97B
Net income-₩51.4B-₩61.8B₩31.4B₩11.3B₩6.05B
Free cash flow-₩63.9B-₩46.1B₩60.2B₩33.1B₩28.1B
Capital expenditure₩3.05B₩4.26B₩7.11B₩4.73B₩3.25B
Total debt₩79.3B₩76.9B₩80.8B₩23.9B₩15.8B

Quarterly statements and history in the cockpit →

NEXON Games competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%+20%002425DATAMATICSNXL688579GRVYBRAICRWHKDEQS967830084530082644756643300148GBG78036886483632225570.KS6-month return →1-month return →
Up and to the right = strong over both horizons. NEXON Games is the large dot.

Fundamentals: revenue growth against valuation

-20%0%+20%+40%20×40×DATAMATICSNXL688579CRWEQS967844756643GBG78033632225570.KSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. NEXON Games is the large dot.

NEXON Games competitors and peer comparison

How NEXON Games compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

NEXON Games against its 20 peers (data as of 6 Nov 2026)
Measure225570.KSPeer medianRank in peer set
1-month return-6.5%-0.6%6th lowest of 21
6-month return-17.7%-13.5%10th lowest of 21
Distance from 52-week high-31.0%-36.0%10th highest of 21
Revenue growth (TTM)-31.0%+7.9%2nd lowest of 20
Operating margin-25.5%8.2%2nd lowest of 20
Forward P/E24.8×24.0×5th most expensive of 12
ROIC minus cost of capital-25.6 pp-5.6 pp2nd lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
NEXON Games 225570.KSSouth Korea$457M-18%-31%-26%24.8×n/an/a
Kaiser (China) Culture 002425.SZChina$461M-10%-3%-53%n/an/an/a
Datamatics Global Services DATAMATICS.NSIndia$453M-12%+11%16%15.5×10.8%+11.6%
Nuix NXL.AXAustralia$452M+37%+19%12%25.6×23.0%+8.4%
Dareway Intelligent Technology 688579.SSChina$450M-26%-21%-2%44.1×18.9%+0.9%
Gravity Co., Ltd. Sponsored ADR GRVYUnited States$467M+3%-2%16%n/an/an/a
Braiin BRAIUnited States$447M-70%n/an/an/an/an/a
Craneware CRW.LUnited Kingdom$467M-32%-3%14%17.2×2.9%+22.2%
AMTD Digital, Inc. Sponsored ADR HKDUnited States$468M-15%+22%27%n/a48.8%+18.5%
Equasens EQS.PAFrance$468M-25%+9%21%9.4×-6.4%+6.6%
Unisound AI Technology 9678.HKHong Kong$470M-84%+40%-18%24.0×n/an/a
Zhengzhou Jiean Hi-tech 300845.SZChina$444M+5%+6%7%n/an/an/a
NanJing Institute of Surveying Mapping and Geotechnical Investigation 300826.SZChina$444M-1%+8%1%n/a45.8%+8.8%
Hennge K.k 4475.TJapan$471M+132%+19%17%40.3×21.7%+21.3%
M31 Technology 6643.TWOTaiwan$443M-46%+19%-8%32.0×n/an/a
Tangel Culture 300148.SZChina$472M-8%+9%9%n/a25.6%-7.4%
GB Group PLC GBG.LUnited Kingdom$472M-29%+1%11%8.7×4.6%+5.5%
Bushiroad 7803.TJapan$441M+102%+3%8%15.3×-3.9%+10.2%
China Post Technology 688648.SSChina$474M-33%+52%-7%n/an/an/a
GREE Holdings.Inc 3632.TJapan$475M+20%-10%8%24.5×n/an/a
Hangzhou Century 300078.SZChina$438M-33%-46%-2%n/an/an/a

Questions

Which companies are NEXON Games's closest peers?
The cockpit's peer set: Kaiser (China) Culture (002425.SZ), Datamatics Global Services (DATAMATICS.NS), Nuix (NXL.AX), Dareway Intelligent Technology (688579.SS), Gravity Co., Ltd. Sponsored ADR (GRVY), Braiin (BRAI), Craneware (CRW.L), AMTD Digital, Inc. Sponsored ADR (HKD).
Is NEXON Games expensive compared with its peers?
On forward p/e it trades at 24.8× against a peer median of 24.0×, 5th most expensive of 12 in its peer set.
How has NEXON Games stock performed?
Over six months to 6 Nov 2026 the shares returned -17.7% against -13.5% for the median peer; over one year -25.8%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.