Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Equity Bottom-Up

<ul>
<li>Nexon’s 3Q24 earnings report saw its stock dip -17% as revenue missed guidance and foreign exchange losses weighed on the bottom line.</li>
<li>Nexon’s operating profit rose +11% y/y to ¥51 billion, with an operating margin of 38%</li>
<li>The stock is trading at 8.5x EBITDA, which makes it very attractive versus the sector</li>
</ul>


Nexon’s 3Q24 earnings report saw its stock dip -17% as revenue missed guidance and foreign exchange losses weighed on the bottom line.
Nexon’s operating profit rose +11% y/y to ¥51 billion, with an operating margin of 38%
The stock is trading at 8.5x EBITDA, which makes it very attractive versus the sector


Nexon (3659) | Down 17% on Quarterly Miss!