EN DE

NEXUS Co (205500) Fair Value & Analysis

Communication Services · KR · Market cap 103B KRW

NC NEXUS Co 205500 · KQ
Price1,534 KRW
Fair Value233.55 KRW
Upside-84.8%
Quality33/100
Watch NEXUS Co for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -112.9% net margin
Moderate debt · negative free cash flow
Trails peers (2/9)
Narrow moat 19/100
Evidence: Low Range 86.97 KRW – 233.55 KRW Share as image

Fair value as of: Jul 22, 2026

From 4 valuation models · updated 19 days ago

Share price +1.9% over the past month.

Below-average quality, and screening another 85% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (233.55 KRW). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (86.97 KRW to 233.55 KRW). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

8,750 KRW 982.00 KRW Fair Value 233.55 KRW Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 22, 2026.

How to read this chart

60‑month range 982.00 KRW – 8,750 KRW · fair‑value band 86.97 KRW – 233.55 KRW · the 1,534 KRW price screens above the 233.55 KRW fair value. Dashed = 300-day average. As of Jul 22, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

NEXUS Co (205500) currently trades at 1,534 KRW, while our model-based Fair Value estimate is 233.55 KRW, implying the stock looks roughly 84.8% overvalued today. The Quality Score stands at 33/100 (below-average quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 7.1B KRW. Revenue grew 76.0% year over year. It earns a return on equity of -31.8%. Net debt stands at 22.6B KRW. Fundamentals as of Jul 22, 2026

Our scenario range runs from 86.97 KRW (bear case) to 233.55 KRW (bull case); at 1,534 KRW, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 69% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -19% fair-value upside, at -85%, 205500 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
EV/EBITDA 107.75 KRW 254.32 KRW 400.90 KRW 54
EV/EBIT 15.55 KRW 102.43 KRW 53
NCAV (Graham) 234.74 KRW 314.55 KRW 469.47 KRW 50
All 4 models by family
Multiples
EV/EBIT 15.55 KRW 102.43 KRW 53
EV/EBITDA 107.75 KRW 254.32 KRW 400.90 KRW 54
EV/Revenue 35.10 KRW 43
Asset-Based
NCAV (Graham) 234.74 KRW 314.55 KRW 469.47 KRW 50

Widest divergence: Asset-Based (314.55 KRW) versus Multiples (15.55 KRW). Highest evidence: EV/EBITDA (54).

Notify me when 205500 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 7.1B KRW
Revenue growth (YoY) +76.0%
Net margin -113%
Return on equity -31.8%
Free cash flow −42.2B KRW FY2025
Operating margin 1.1%
More key figures
Net debt 22.6B KRW FY2025

Figures from reported company fundamentals · as of Jul 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 35 · Market factors (momentum, volatility) 9

Profitability 25
Margins and returns on capital today
Quality Growth 88
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 32
Balance sheet, leverage, solvency risk
Investment 35
Disciplined investing over empire-building
Low Volatility 14
Calm price path (market factor)
Momentum 10
Price trend over the last 3–12 months (market factor)
52W Momentum 3
Distance to the 52-week high (market factor)
Net Issuance 6
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

NEXUS Co., Ltd. develops mobile games in South Korea. It offers various games, such as blade I, Blades of Three Kingdoms, BLADE II, ANVIL, Kingdom: The Blood, Blade: Re.Action, Project AE, and Dungeon Stalkers. The company was formerly known as Action Square CO., LTD. and changed its name to NEXUS Co., Ltd. in February 2025.

Full company description

NEXUS Co., Ltd. develops mobile games in South Korea. It offers various games, such as blade I, Blades of Three Kingdoms, BLADE II, ANVIL, Kingdom: The Blood, Blade: Re.Action, Project AE, and Dungeon Stalkers. The company was formerly known as Action Square CO., LTD. and changed its name to NEXUS Co., Ltd. in February 2025. The company was founded in 2012 and is based in Seoul, South Korea.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NEXUS Co reported revenue of 36.7B KRW in FY2025 versus 5.6B KRW in FY2021, a compound +59.9%/yr. Reported net income was −3.3B KRW in FY2025.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
36.7B KRW
Latest YoY
+386.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+85.4%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+44.5%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+18.6%
Revenue +59.9%/yr
FY21 5.6B KRW
FY22 5.8B KRW
FY23 5.5B KRW
FY24 7.6B KRW
FY25 36.7B KRW
Net income
FY21 −5.4B KRW
FY22 −18.5B KRW
FY23 −12.0B KRW
FY24 −8.2B KRW
FY25 −3.3B KRW

205500 screens 85% overvalued. Compare with NetEase, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "NEXUS Co Fair Value". https://www.fairvalue-calculator.com/stock/205500

Peer Group

Electronic Gaming & Multimedia · 152 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 33 · Bottom 25%
Fair Value upside −85% · Bottom 25%
Return on assets -21% · Bottom 25%
Net margin (TTM) -113% · Bottom 25%
Operating margin (TTM) 1% · Below median
Revenue growth 76% · Top 25%
Debt / equity 0.81× · Higher than 75% of peers

Valuation Multiples vs Electronic Gaming & Multimedia median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 15
FUTURE 100 · sector 10
PAST 0 · sector 11
HEALTH 60 · sector 99
DIVIDEND 0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Electronic Gaming & Multimedia stocks, each showing price versus our Fair Value estimate (as of Jul 22, 2026).

Stock Price Fair Value vs Fair Value
NetEase, Inc 9999 HK$202.60 HK$192.74 -5%
Electronic Arts Inc EA $207.27 $76.57 -63%
Take-Two Interactive Software, Inc TTWO $237.04 $60.45 -74%
Roblox Corporation RBLX $57.07 $21.20 -63%
Zhejiang Century Huatong Group 002602 ¥14.04 ¥14.68 +5%
KRAFTON, Inc 259960 240,500 KRW 395,557 KRW +64%
Kunlun Tech Co 300418 ¥44.61 ¥6.87 -85%
Giant Network Group 002558 ¥29.98 ¥15.69 -48%
International Games System Co 3293 704.00 TWD 568.16 TWD -19%
37 Interactive Entertainment Network Technology Group 002555 ¥19.02 ¥22.29 +17%

Compare NEXUS Co with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Communication Services stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is NEXUS Co (205500) overvalued or undervalued?
As of Jul 22, 2026, our model estimates a fair value of 233.55 KRW versus a price of 1,534 KRW, about −85% (overvalued).
What is the fair value of 205500?
Our model-based fair value for NEXUS Co is 233.55 KRW (as of Jul 22, 2026), built from audited fundamentals. The current price is 1,534 KRW.
What is the quality score of 205500?
NEXUS Co has a Quality Score of 33/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of NEXUS Co (205500)?
NEXUS Co reported trailing-twelve-month revenue of about 7.1B KRW (latest available figure, as of Jul 22, 2026).
What is the net profit margin of 205500?
The net profit margin of NEXUS Co is about -112.9%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track NEXUS Co and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.