3659:TSENEXON Co., Ltd. Analysis
Data as of 2026-03-14 - not real-time
¥3,012.00
Latest Price
5/10Risk
Risk Level: Medium
Executive Summary
NEXON Co., Ltd. is trading well below its discounted cash‑flow fair value, offering a sizable upside while delivering record‑breaking revenue growth of over 50% year‑over‑year. The stock sits near a technical support zone, with momentum indicators turning bullish (MACD histogram positive) and the RSI indicating oversold conditions, suggesting a near‑term price bounce. Recent corporate actions, including the appointment of a seasoned executive chairman, reinforce a strategic push for global expansion and diversification of its gaming portfolio.
Combined with a solid cash position, modest debt, and a sustainable dividend payout, the fundamentals support a medium‑to‑long‑term buy case despite a neutral overall trend and decreasing volume.
Combined with a solid cash position, modest debt, and a sustainable dividend payout, the fundamentals support a medium‑to‑long‑term buy case despite a neutral overall trend and decreasing volume.
Market Outlook
Short Term
< 1 yearPositive
Model confidence: 7/10
Key Factors
- Price near technical support with bullish MACD histogram
- RSI indicating oversold conditions
- Undervaluation relative to DCF fair value
Medium Term
1–3 yearsPositive
Model confidence: 8/10
Key Factors
- 55% YoY revenue surge driven by new game launches
- Strategic leadership change accelerating global growth
- Strong cash generation and sustainable dividend
Long Term
> 3 yearsPositive
Model confidence: 9/10
Key Factors
- Long‑term upside versus fair value estimate
- Robust free cash flow and low leverage
- Continued growth potential in online and mobile gaming
Key Metrics & Analysis
Financial Health
Revenue Growth55.00%
Profit Margin19.38%
P/E Ratio26.4
ROE8.56%
ROA6.03%
Debt/Equity4.89
P/B Ratio2.3
Op. Cash Flow¥171.9B
Free Cash Flow¥184.1B
Industry P/E17.8
Technical Analysis
TrendNeutral
RSI36.1
Support¥2,908.00
Resistance¥3,421.00
MA 20¥3,130.55
MA 50¥3,645.50
MA 200¥3,290.63
MACDBullish
VolumeDecreasing
Fear & Greed Index72.88
Valuation
Fair Value¥9,678.14
Target Price¥3,798.53
Upside/Downside26.11%
GradeUndervalued
TypeGrowth
Dividend Yield1.99%
Risk Assessment
Beta0.72
Volatility68.14%
Sector RiskMedium
Reg. RiskLow
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.