NEXON CoNEXOF -11.39%82 Return-on-Tangible-Equity is 23.26% as of Mar. 2026, which is 71% above its 10-year median of 13.58. GuruFocus rates NEXOF with a GF Score™ of 82/100 and a GF Value™ of $23.15 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 491 Interactive Media companies, NEXON Co ranks better than 63.34% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. NEXON Co's annualized net income for the quarter that ended in Mar. 2026 was $1,443 Mil. NEXON Co's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $6,202 Mil. Therefore, NEXON Co's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.26%.
The historical rank and industry rank for NEXON Co's Return-on-Tangible-Equity or its related term are showing as below:
NEXOF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.92 Med: 13.58 Max: 23
Current: 12.82
During the past 13 years, NEXON Co's highest Return-on-Tangible-Equity was 23.00%. The lowest was 5.92%. And the median was 13.58%.
NEXOF's Return-on-Tangible-Equity is ranked better than 63.34% of 491
companies
in the Interactive Media industry
Industry Median: 5.8
vs NEXOF: 12.82
NEXON Co (OTCPK:NEXOF) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
NEXON Co Return-on-Tangible-Equity Related Terms
NEXON Co Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for NEXON Co's Return-on-Tangible-Equity 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.
NEXOF vs NTES, EA, TTWO: Return-on-Tangible-Equity Comparison
For the Electronic Gaming & Multimedia subindustry, NEXON Co's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, NEXON Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where NEXON Co's Return-on-Tangible-Equity falls into.
* 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 23.26% mean?
NEXON Co (NEXOF) has a Return-on-Tangible-Equity of 23.26% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NEXON Co and its competitors. This is 71% above median its historical median of 13.58. Over the past decade, NEXON Co's Return-on-Tangible-Equity has ranged from 5.92 to 23.00. According to the industry distribution chart, NEXON Co ranks #180 out of 491 companies in the Interactive Media industry, placing it in the top 36.7%.
Is NEXON Co's Return-on-Tangible-Equity too high?
NEXON Co's current Return-on-Tangible-Equity of 23.26% is 71% above median its 10-year median of 13.58. Over the past 10 years, this metric has ranged from a low of 5.92 to a high of 23.00. The Interactive Media industry median Return-on-Tangible-Equity is 5.80. NEXON Co's value of 23.26% is 301% above this industry median. Based on the distribution chart, NEXON Co ranks #180 out of 491 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 Return-on-Tangible-Equity compare to NTES and EA?
According to the Interactive Media industry distribution chart, NEXON Co ranks #180 out of 491 companies for Return-on-Tangible-Equity. This puts NEXON Co in the upper half of its industry. The industry median Return-on-Tangible-Equity is 5.80. NEXON Co's value of 23.26% is 301% above this benchmark. Historically, NEXON Co's own Return-on-Tangible-Equity has ranged from 5.92 to 23.00 over the past decade. While the company's 10-year median is 13.58 vs. the industry median of 5.80, NEXON Co 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 Return-on-Tangible-Equity for an Interactive Media company?
The median Return-on-Tangible-Equity among Interactive Media companies is 5.80, based on 491 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current Return-on-Tangible-Equity of 23.26% is 301% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on NEXON Co and its competitors. For the Interactive Media industry, the median Return-on-Tangible-Equity is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current Return-on-Tangible-Equity is 23.26%, which is 71% above median its own 10-year median of 13.58. 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 $23.15, compared to a current price of $14.13 — trading 38.9% below its estimated fair value. The current Return-on-Tangible-Equity is 23.26%, which is 71% above median its 10-year median of 13.58 and 301% above the Interactive Media industry median of 5.80. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For NEXON Co (NEXOF), the current Return-on-Tangible-Equity is 23.26% 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 38.9% below its estimated GF Value™ of $23.15.
GuruFocus considers NEXON Co to be Significantly Undervalued.
Key valuation signals for NEXOF:
Return-on-Tangible-Equity: 23.26% (71% above median its 10-year median of 13.58)
GF Value™: $23.15 vs. price of $14.13 (38.9% below fair value)
Industry Position: 301% above the Interactive Media median (#180 of 491)
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 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
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