NEXOF (NEXON Co) 3-Year ROIIC % : 2.63% (As of Dec. 2025) — 16% Below Median


NEXOF NEXON Co Ltd NEXOF
82 GF Score
Price $14.13
GF Value $23.15
Valuation Significantly Undervalued
! 2 Warning Signs
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What is NEXON Co 3-Year ROIIC %?

NEXON Co NEXOF -11.39% 82 3-Year ROIIC % is 2.63 as of Dec. 2025, which is 16% below its 10-year median of 3.12. 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 530 Interactive Media companies, NEXON Co ranks worse than 50.94% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. NEXON Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.63%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for NEXON Co's 3-Year ROIIC % or its related term are showing as below:

NEXOF's 3-Year ROIIC % is ranked worse than
50.94% of 530 companies
in the Interactive Media industry
Industry Median: 3.385 vs NEXOF: 2.63

NEXON Co  (OTCPK:NEXOF) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


NEXON Co 3-Year ROIIC % Related Terms


NEXON Co 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for NEXON Co's 3-Year ROIIC % 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 3-Year ROIIC % Chart

NEXON Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.65 -10.74 10.16 3.61 2.63

NEXON Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 2.63 0.00

NEXOF vs NTES, EA, TTWO: 3-Year ROIIC % Comparison

For the Electronic Gaming & Multimedia subindustry, NEXON Co's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NEXON Co's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where NEXON Co's 3-Year ROIIC % falls into.


NEXOF
82GF Score
NEXON Co Ltd NEXOF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXON Co 3-Year ROIIC % Calculation

NEXON Co's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 507.9309452 (Dec. 2025) - 546.861746 (Dec. 2022) )/( 4989.129 (Dec. 2025) - 4239.72 (Dec. 2022) )
=-38.9308008/749.409
=-5.19%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 2.63 mean?
NEXON Co (NEXOF) has a 3-Year ROIIC % of 2.63 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NEXON Co and its competitors. This is 16% below median its historical median of 3.12. According to the industry distribution chart, NEXON Co ranks #270 out of 530 companies in the Interactive Media industry, placing it in the top 50.9%.
Is NEXON Co's 3-Year ROIIC % too high?
NEXON Co's current 3-Year ROIIC % of 2.63 is 16% below median its 10-year median of 3.12. The Interactive Media industry median 3-Year ROIIC % is 3.39. NEXON Co's value of 2.63 is 22.3% below this industry median. Based on the distribution chart, NEXON Co ranks #270 out of 530 companies in the Interactive Media industry, which is below 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 3-Year ROIIC % compare to NTES and EA?
According to the Interactive Media industry distribution chart, NEXON Co ranks #270 out of 530 companies for 3-Year ROIIC %. This places NEXON Co in the lower half of its industry. The industry median 3-Year ROIIC % is 3.39. NEXON Co's value of 2.63 is 22.3% below this benchmark. While the company's 10-year median is 3.12 vs. the industry median of 3.39, 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 3-Year ROIIC % for an Interactive Media company?
The median 3-Year ROIIC % among Interactive Media companies is 3.39, based on 530 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEXON Co's current 3-Year ROIIC % of 2.63 is 22.3% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on NEXON Co and its competitors. For the Interactive Media industry, the median 3-Year ROIIC % is 3.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXON Co's current 3-Year ROIIC % is 2.63, which is 16% below median its own 10-year median of 3.12. 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 3-Year ROIIC % is 2.63, which is 16% below median its 10-year median of 3.12 and 22.3% below the Interactive Media industry median of 3.39. 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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For NEXON Co (NEXOF), the current 3-Year ROIIC % is 2.63 as of Dec. 2025. 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:

  • 3-Year ROIIC %: 2.63 (16% below median its 10-year median of 3.12)
  • GF Value™: $23.15 vs. price of $14.13 (38.9% below fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 22.3% below the Interactive Media median (#270 of 530)

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

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

$14.13
Price
$23.15
GF Value