NEXN Stock Analysis: Nexxen International | NASDAQ
Advertising Agencies | NASDAQ, USA | Market Cap: 550m USD | 12M Return: -0.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.25M
EPS Trend: 82.3%
Qual. Beats: 0
Rev. Trend: 89.2%
Qual. Beats: 5
Warnings
No concerns identified
Tailwinds
Seasonality
Nexxen International Ltd. operates a comprehensive, video-first advertising technology platform that connects brands and agencies with digital publishers. The company provides a vertically integrated suite of tools, including a Demand Side Platform (DSP) for campaign management, a Supply Side Platform (SSP) for inventory monetization, and a centralized Data Platform for audience targeting and analytics.
The business model relies on the programmatic advertising ecosystem, where real-time bidding (RTB) auctions facilitate the automated purchase of ad space across Connected TV (CTV), mobile, and desktop environments. By controlling both the buy-side and sell-side technology, Nexxen aims to reduce intermediary fees and improve transparency in the digital supply chain.
The company recently rebranded from Tremor International to unify its various service arms, such as Nexxen Discovery and Nexxen Studio, under a single identity. Investors may find it useful to review ValueRay for further data on the companys valuation metrics.
- Expansion of high-margin Connected TV advertising revenue drives overall profitability
- Growth in programmatic demand side platform adoption increases total transaction volume
- Strategic data partnerships enhance audience targeting capabilities and premium inventory pricing
- Global advertising spend volatility directly impacts quarterly revenue and margin stability
- Integration of AI-driven planning tools improves client retention and campaign performance metrics
| Net Income: 18.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -7.82 > 1.0 |
| NWC/Revenue: 16.84% < 20% (prev 28.70%; Δ -11.86% < -1%) |
| CFO/TA 0.10 > 3% & CFO 76.3m > Net Income 18.1m |
| Net Debt (-64.8m) to EBITDA (94.3m): -0.69 < 3 |
| Current Ratio: 1.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (59.1m) vs 12m ago -6.88% < -2% |
| Gross Margin: 83.87% > 18% (prev 84.38%; Δ -0.51% > 0.5%) |
| Asset Turnover: 50.07% > 50% (prev 49.14%; Δ 0.93% > 0%) |
| Interest Coverage Ratio: 11.73 > 6 (EBIT TTM 30.1m / Interest Expense TTM 2.56m) |
| A: 0.09 (Total Current Assets 318.1m - Total Current Liabilities 255.3m) / Total Assets 739.4m |
| B: 0.26 (Retained Earnings 190.2m / Total Assets 739.4m) |
| C: 0.04 (EBIT TTM 30.1m / Avg Total Assets 745.5m) |
| D: 1.71 (Book Value of Equity 466.8m / Total Liabilities 272.6m) |
| Altman-Z'' = 3.47 = A |
| DSRI: 1.30 (Receivables 223.6m/169.6m, Revenue 373.3m/369.4m) |
| GMI: 1.01 (GM 84.38% / 83.87%) |
| AQI: 1.00 (AQ_t 0.50 / AQ_t-1 0.50) |
| SGI: 1.01 (Revenue 373.3m / 369.4m) |
| TATA: -0.08 (NI 18.1m - CFO 76.3m) / TA 739.4m) |
| Beneish M = -2.77 (Cap -4..+1) = A |
As of July 15, 2026, the stock is trading at USD 9.92 with a total of 475,912 shares traded. Over the past week, the price has changed by +5.64%, over one month by +14.15%, over three months by +40.71% and over the past year by -0.10%.
Current recommended Stop Loss: 9.30 (which is 6.2% or 1.4 ATR below the current price).
Nexxen International has received a consensus analysts rating of 4.38. Therefore, it is recommended to buy NEXN.
- StrongBuy: 3
- Buy: 5
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 13 | 30.9% |
P/E Trailing = 32.9
P/E Forward = 9.6525
P/S = 1.4733
P/B = 1.1526
P/EG = 0.6031
Revenue TTM = 373.3m USD
EBIT TTM = 30.1m USD
EBITDA TTM = 94.3m USD
Long Term Debt = 16.8m USD (estimated: total debt 29.8m - short term 12.9m)
Short Term Debt = 12.9m USD (from shortTermDebt, last quarter)
Debt = 29.8m USD (from shortLongTermDebtTotal, last quarter) (leases 29.8m already included)
Net Debt = -64.8m USD (calculated: Debt 29.8m - CCE 94.6m)
Enterprise Value = 485.1m USD (550.0m + Debt 29.8m - CCE 94.6m)
Interest Coverage Ratio = 11.73 (Ebit TTM 30.1m / Interest Expense TTM 2.56m)
EV/FCF = 8.44x (Enterprise Value 485.1m / FCF TTM 57.4m)
FCF Yield = 11.84% (FCF TTM 57.4m / Enterprise Value 485.1m)
FCF Margin = 15.39% (FCF TTM 57.4m / Revenue TTM 373.3m)
Net Margin = 4.85% (Net Income TTM 18.1m / Revenue TTM 373.3m)
Gross Margin = 83.87% ((Revenue TTM 373.3m - Cost of Revenue TTM 60.2m) / Revenue TTM)
Gross Margin QoQ = 81.08% (prev 84.65%)
Tobins Q-Ratio = 0.66 (Enterprise Value 485.1m / Total Assets 739.4m)
Interest Expense / Debt = 8.62% (Interest Expense 2.56m / Debt 29.8m)
Taxrate = 34.28% (9.44m / 27.5m)
NOPAT = 19.8m (EBIT 30.1m * (1 - 34.28%))
Current Ratio = 1.25 (Total Current Assets 318.1m / Total Current Liabilities 255.3m)
Debt / Equity = 0.06 (Debt 29.8m / totalStockholderEquity, last quarter 466.8m)
Debt / EBITDA = -0.69 (Net Debt -64.8m / EBITDA 94.3m)
Debt / FCF = -1.13 (Net Debt -64.8m / FCF TTM 57.4m)
Total Stockholder Equity = 473.2m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.43% (Net Income 18.1m / Total Assets 739.4m)
RoE = 3.82% (Net Income TTM 18.1m / Total Stockholder Equity 473.2m)
RoCE = 6.14% (EBIT 30.1m / Capital Employed (Equity 473.2m + L.T.Debt 16.8m))
RoIC = 4.14% (NOPAT 19.8m / Invested Capital 478.3m)
WACC = 8.76% (E(550.0m)/V(579.7m) * Re(8.93%) + D(29.8m)/V(579.7m) * Rd(8.62%) * (1-Tc(0.34)))
Discount Rate = 8.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -91.99 | Cagr: -9.04%
[DCF] Terminal Value 71.56% ; FCFF base≈81.3m ; Y1≈71.3m ; Y5≈57.6m
[DCF] Fair Price = 16.71 (EV 866.1m - Net Debt -64.8m = Equity 930.9m / Shares 55.7m; r=8.76% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 82.34 | EPS CAGR: 38.02% | SUE: -0.10 | # QB: 0
Revenue Correlation: 89.23 | Revenue CAGR: 4.94% | SUE: 4.0 | # QB: 5
EPS current Quarter (2026-06-30): EPS=0.21 | Chg30d=+8.51% | Revisions=+40% | Analysts=7
EPS next Quarter (2026-09-30): EPS=0.35 | Chg30d=+1.25% | Revisions=+50% | Analysts=7
EPS current Year (2026-12-31): EPS=1.07 | Chg30d=+2.06% | Revisions=+22% | GrowthEPS=+9.7% | GrowthRev=+12.2%
EPS next Year (2027-12-31): EPS=1.25 | Chg30d=+2.99% | Revisions=+50% | GrowthEPS=+15.8% | GrowthRev=+8.3%
[Analyst] Revisions Ratio: +57% (up=15, down=3)