NEXN (Nexxen International) Graham Number: $5.29 (As of Mar. 2026) — 310% Above Median

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NEXN Nexxen International Ltd NEXN
90 GF Score
Price $9.58
GF Value $12.29
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Nexxen International Graham Number?

Nexxen International NEXN -1.34% 90 Graham Number is $5.29 as of Mar. 2026, which is 310% above its 10-year median of 1.29. GuruFocus rates NEXN with a GF Score™ of 90/100 and a GF Value™ of $12.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 493 Media - Diversified companies, Nexxen International ranks worse than 70.59% on this metric.

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2026-07-23), the stock price of Nexxen International is $9.58. Nexxen International's graham number for the quarter that ended in Mar. 2026 was $5.29. Therefore, Nexxen International's Price to Graham Number ratio for today is 1.81.

The historical rank and industry rank for Nexxen International's Graham Number or its related term are showing as below:

NEXN' s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.67   Med: 1.29   Max: 2.93
Current: 1.8

During the past 13 years, the highest Price to Graham Number ratio of Nexxen International was 2.93. The lowest was 0.67. And the median was 1.29.

NEXN's Price-to-Graham-Number is ranked worse than
70.59% of 493 companies
in the Media - Diversified industry
Industry Median: 1.2 vs NEXN: 1.80

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Nexxen International  (NAS:NEXN) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Nexxen International's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2026 )
=9.58/5.29
=1.81

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Nexxen International Graham Number Related Terms


Nexxen International Graham Number Historical Data

* Premium members only.

The historical data trend for Nexxen International's Graham Number 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.

Nexxen International Graham Number Chart

Nexxen International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Graham Number
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.27 7.57 4.96 5.83 5.06

Nexxen International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Graham Number 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 7.70 7.11 6.51 5.86 5.29

NEXN vs ADV, NCMI, TC: Graham Number Comparison

For the Advertising Agencies subindustry, Nexxen International's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.


Nexxen International Price-to-Graham-Number vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexxen International's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Nexxen International's Price-to-Graham-Number falls into.


NEXN
90GF Score
Nexxen International Ltd NEXN
Graham Number is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexxen International Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Nexxen International's Graham Number for the fiscal year that ended in Dec. 2025 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*2.777*0.41)
=5.06

Nexxen International's Graham Number for the quarter that ended in Mar. 2026 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*2.759*0.45)
=5.29

* 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.

Frequently Asked Questions Learn more about Graham Number →
What does a Graham Number of $5.29 mean?
Nexxen International (NEXN) has a Graham Number of $5.29 as of Mar. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nexxen International and its competitors. This is 310% above median its historical median of 1.29. Over the past decade, Nexxen International's Graham Number has ranged from 0.67 to 2.93. According to the industry distribution chart, Nexxen International ranks #348 out of 493 companies in the Media - Diversified industry, placing it in the top 70.6%.
Is Nexxen International's Graham Number too high?
Nexxen International's current Graham Number of $5.29 is 310% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.93. The Media - Diversified industry median Graham Number is 1.20. Nexxen International's value of $5.29 is 340.8% above this industry median. Based on the distribution chart, Nexxen International ranks #348 out of 493 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Nexxen International has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nexxen International's Graham Number compare to ADV and NCMI?
According to the Media - Diversified industry distribution chart, Nexxen International ranks #348 out of 493 companies for Graham Number. This places Nexxen International in the lower half of its industry. The industry median Graham Number is 1.20. Nexxen International's value of $5.29 is 340.8% above this benchmark. Historically, Nexxen International's own Graham Number has ranged from 0.67 to 2.93 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.20, Nexxen International has consistently been above 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 Graham Number for a Media - Diversified company?
The median Graham Number among Media - Diversified companies is 1.20, based on 493 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nexxen International's current Graham Number of $5.29 is 340.8% above 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Nexxen International and its competitors. For the Media - Diversified industry, the median Graham Number is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexxen International's current Graham Number is $5.29, which is 310% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexxen International stock overvalued right now?
Based on GuruFocus' analysis, Nexxen International (NEXN) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.29, compared to a current price of $9.58 — trading 22.1% below its estimated fair value. The current Graham Number is $5.29, which is 310% above median its 10-year median of 1.29 and 340.8% above the Media - Diversified industry median of 1.20. Nexxen International's overall GF Score™ is 90/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Nexxen International (NEXN), the current Graham Number is $5.29 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 Nexxen International (NEXN) Overvalued in 2026?

Based on GuruFocus' analysis, Nexxen International stock appears to be undervalued. The current stock price of $9.58 is trading 22.1% below its estimated GF Value™ of $12.29. GuruFocus considers Nexxen International to be Modestly Undervalued.

Key valuation signals for NEXN:

  • Graham Number: $5.29 (310% above median its 10-year median of 1.29)
  • GF Value™: $12.29 vs. price of $9.58 (22.1% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 340.8% above the Media - Diversified median (#348 of 493)

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


Nexxen International Business Description

Other Exchanges 7P91:Germany
Address 82 Yigal Alon Street, 13th Floor, Tel Aviv, ISR, 6789124
Nexxen International Ltd is a globalized and flexible advertising technology platform with deep expertise in data and TV that helps empower advertisers, agencies, digital publishers, broadcasters, and others. The Digital Advertising Ecosystem of the company includes demand-side platform (DSP), supply-side platform (SSP), ad server, and data management platform (DMP) and also delivers a flexible and unified technology stack with and exclusive data at its core. The company operates in America, APAC, EMEA, and Rest of America, with majority revenue from United States.
90GF Score

Get the complete analysis for NEXN

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

$9.58
Price
$12.29
GF Value