NEXOF (NEXON Co) Debt-to-EBITDA : 0.16 (As of Mar. 2026) — 45% Above Median


NEXOF NEXON Co Ltd NEXOF
82 GF Score
Price $14.13
GF Value $22.27
Valuation Significantly Undervalued
! 2 Warning Signs
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What is NEXON Co Debt-to-EBITDA?

NEXON Co NEXOF -11.39% 82 Debt-to-EBITDA is 0.16 as of Mar. 2026, which is 45% above its 10-year median of 0.11. GuruFocus rates NEXOF with a GF Score™ of 82/100 and a GF Value™ of $22.27 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 307 Interactive Media companies, NEXON Co ranks better than 63.52% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

NEXON Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $127 Mil. NEXON Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $195 Mil. NEXON Co's annualized EBITDA for the quarter that ended in Mar. 2026 was $2,010 Mil. NEXON Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.16.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for NEXON Co's Debt-to-EBITDA or its related term are showing as below:

NEXOF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.11   Max: 0.35
Current: 0.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of NEXON Co was 0.35. The lowest was 0.03. And the median was 0.11.

NEXOF's Debt-to-EBITDA is ranked better than
63.52% of 307 companies
in the Interactive Media industry
Industry Median: 0.69 vs NEXOF: 0.27

NEXON Co  (OTCPK:NEXOF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


NEXON Co Debt-to-EBITDA Related Terms


NEXON Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NEXON Co's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NEXON Co Debt-to-EBITDA Chart

NEXON Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.15 0.21 0.19 0.35

NEXON Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.20 0.17 3.91 0.16

NEXOF vs NTES, EA, TTWO: Debt-to-EBITDA Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEXON Co Debt-to-EBITDA vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NEXON Co's Debt-to-EBITDA falls into.


NEXOF
82GF Score
NEXON Co Ltd NEXOF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXON Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

NEXON Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(133.598 + 200.847) / 968.246
=0.35

NEXON Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(126.939 + 194.64) / 2009.62
=0.16

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.16 mean?
NEXON Co (NEXOF) has a Debt-to-EBITDA of 0.16 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NEXON Co. This is 45% above median its historical median of 0.11. Over the past decade, NEXON Co's Debt-to-EBITDA has ranged from 0.03 to 0.35. According to the industry distribution chart, NEXON Co ranks #112 out of 307 companies in the Interactive Media industry, placing it in the top 36.5%.
Is NEXON Co's Debt-to-EBITDA too high?
NEXON Co's current Debt-to-EBITDA of 0.16 is 45% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.35. The Interactive Media industry median Debt-to-EBITDA is 0.69. NEXON Co's value of 0.16 is 76.8% below this industry median. Based on the distribution chart, NEXON Co ranks #112 out of 307 companies in the Interactive Media industry, which is above the industry midpoint. Overall, NEXON Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEXON Co's Debt-to-EBITDA compare to NTES and EA?
According to the Interactive Media industry distribution chart, NEXON Co ranks #112 out of 307 companies for Debt-to-EBITDA. This puts NEXON Co in the upper half of its industry. The industry median Debt-to-EBITDA is 0.69. NEXON Co's value of 0.16 is 76.8% below this benchmark. Historically, NEXON Co's own Debt-to-EBITDA has ranged from 0.03 to 0.35 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.69, NEXON Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Interactive Media company?
The median Debt-to-EBITDA among Interactive Media companies is 0.69, based on 307 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current Debt-to-EBITDA of 0.16 is 76.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NEXON Co. For the Interactive Media industry, the median Debt-to-EBITDA is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current Debt-to-EBITDA is 0.16, which is 45% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXON Co stock overvalued right now?
Based on GuruFocus' analysis, NEXON Co (NEXOF) is currently considered Significantly Undervalued. The stock's GF Value™ is $22.27, compared to a current price of $14.13 — trading 36.5% below its estimated fair value. The current Debt-to-EBITDA is 0.16, which is 45% above median its 10-year median of 0.11 and 76.8% below the Interactive Media industry median of 0.69. NEXON Co's overall GF Score™ is 82/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For NEXON Co (NEXOF), the current Debt-to-EBITDA is 0.16 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NEXON Co (NEXOF) Overvalued in 2026?

Based on GuruFocus' analysis, NEXON Co stock appears to be undervalued. The current stock price of $14.13 is trading 36.5% below its estimated GF Value™ of $22.27. GuruFocus considers NEXON Co to be Significantly Undervalued.

Key valuation signals for NEXOF:

  • Debt-to-EBITDA: 0.16 (45% above median its 10-year median of 0.11)
  • GF Value™: $22.27 vs. price of $14.13 (36.5% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 76.8% below the Interactive Media median (#112 of 307)

No single metric tells the full story. See the NEXOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXON Co Business Description

Address 1-4-5 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Nexon is a South Korean online game developer and publisher, founded in 1994 in Korea by Kim Jung-ju. In 2005, the company moved its headquarters to Tokyo, Japan, and has operations in Korea, the US, Taiwan, and Thailand. The company's most notable franchises are MapleStory, Dungeon & Fighter, Sudden Attack, and KartRider. Nexon has been the publisher for EA's FC Online game franchise in Korea and Japan since 2013. Nexon acquired an independent game developer, Embark Studios AB, located in Stockholm, Sweden, in 2019.
82GF Score

Get the complete analysis for NEXOF

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.13
Price
$22.27
GF Value