NEXOF (NEXON Co) ROA %: 16.23% (As of Mar. 2026) — 52% Above Median


NEXOF NEXON Co Ltd NEXOF
82 GF Score
Price $14.13
GF Value $23.39
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is NEXON Co ROA %?

NEXON Co NEXOF -11.39% 82 ROA % is 16.23% as of Mar. 2026, which is 52% above its 10-year median of 10.67. GuruFocus rates NEXOF with a GF Score™ of 82/100 and a GF Value™ of $23.39 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 568 Interactive Media companies, NEXON Co ranks better than 77.99% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NEXON Co's annualized Net Income for the quarter that ended in Mar. 2026 was $1,443 Mil. NEXON Co's average Total Assets over the quarter that ended in Mar. 2026 was $8,887 Mil. Therefore, NEXON Co's annualized ROA % for the quarter that ended in Mar. 2026 was 16.23%.

The historical rank and industry rank for NEXON Co's ROA % or its related term are showing as below:

NEXOF' s ROA % Range Over the Past 10 Years
Min: 4.64   Med: 10.67   Max: 18.05
Current: 9.33

During the past 13 years, NEXON Co's highest ROA % was 18.05%. The lowest was 4.64%. And the median was 10.67%.

NEXOF's ROA % is ranked better than
77.99% of 568 companies
in the Interactive Media industry
Industry Median: 0.675 vs NEXOF: 9.33

NEXON Co  (OTCPK:NEXOF) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1442.5/8886.51
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1442.5 / 3837.444)*(3837.444 / 8886.51)
=Net Margin %*Asset Turnover
=37.59 %*0.4318
=16.23 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


NEXON Co ROA % Related Terms


NEXON Co ROA % Historical Data

* Premium members only.

The historical data trend for NEXON Co's ROA % 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 ROA % Chart

NEXON Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.89 9.07 6.39 11.10 6.86

NEXON Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 8.61 5.45 11.72 3.12 16.23

NEXOF vs NTES, EA, TTWO: ROA % Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's ROA % distribution charts can be found below:

* The bar in red indicates where NEXON Co's ROA % falls into.


NEXOF
82GF Score
NEXON Co Ltd NEXOF
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NEXON Co ROA % Calculation

NEXON Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=590.399/( (8170.703+9044.595)/ 2 )
=590.399/8607.649
=6.86 %

NEXON Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=1442.5/( (9044.595+8728.425)/ 2 )
=1442.5/8886.51
=16.23 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 16.23% mean?
NEXON Co (NEXOF) has a ROA % of 16.23% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NEXON Co and its competitors. This is 52% above median its historical median of 10.67. Over the past decade, NEXON Co's ROA % has ranged from 4.64 to 18.05. According to the industry distribution chart, NEXON Co ranks #125 out of 568 companies in the Interactive Media industry, placing it in the top 22%.
Is NEXON Co's ROA % too high?
NEXON Co's current ROA % of 16.23% is 52% above median its 10-year median of 10.67. Over the past 10 years, this metric has ranged from a low of 4.64 to a high of 18.05. The Interactive Media industry median ROA % is 0.68. NEXON Co's value of 16.23% is 2304.4% above this industry median. Based on the distribution chart, NEXON Co ranks #125 out of 568 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. 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 ROA % compare to NTES and EA?
According to the Interactive Media industry distribution chart, NEXON Co ranks #125 out of 568 companies for ROA %. This places NEXON Co in the top 22% of its industry — outperforming the majority of peers. The industry median ROA % is 0.68. NEXON Co's value of 16.23% is 2304.4% above this benchmark. Historically, NEXON Co's own ROA % has ranged from 4.64 to 18.05 over the past decade. While the company's 10-year median is 10.67 vs. the industry median of 0.68, 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 ROA % for an Interactive Media company?
The median ROA % among Interactive Media companies is 0.68, based on 568 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current ROA % of 16.23% is 2304.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NEXON Co and its competitors. For the Interactive Media industry, the median ROA % is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current ROA % is 16.23%, which is 52% above median its own 10-year median of 10.67. 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 $23.39, compared to a current price of $14.13 — trading 39.6% below its estimated fair value. The current ROA % is 16.23%, which is 52% above median its 10-year median of 10.67 and 2304.4% above the Interactive Media industry median of 0.68. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For NEXON Co (NEXOF), the current ROA % is 16.23% 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 39.6% below its estimated GF Value™ of $23.39. GuruFocus considers NEXON Co to be Significantly Undervalued.

Key valuation signals for NEXOF:

  • ROA %: 16.23% (52% above median its 10-year median of 10.67)
  • GF Value™: $23.39 vs. price of $14.13 (39.6% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 2304.4% above the Interactive Media median (#125 of 568)

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

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

$14.13
Price
$23.39
GF Value