Nacon SASU (NACON) AI Stock Analysis

• Market Cap: €17.46M
• Dividend Yield: N/A
• Average Volume (3M): 146.49K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.47
• Revenue Growth: -4.49%
• EPS Growth: -117.42%
• Country: FR
• Employees: 1,123
• Sector: Communication Services
• Sector Strength: 97
• Industry: Electronic Gaming & Multimedia
• EPS (TTM): >-0.01
• Shares Outstanding: 109,172,490
• 10 Day Avg. Volume: 135,591
• 30 Day Avg. Volume: 146,490
• PEG Ratio: 0.42
• Price to Book (P/B): 0.21
• Price to Sales (P/S): 0.36
• P/FCF Ratio: 1.01
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 0.06
• Revenue Forecast (FY): €182.41M

• Rating: 56 Neutral
• Price Target: €0.23 ▼(-56.98% Downside)
• Action: Reiterated
• Date: 04/23/26

Positive Factors

Diversified business model (publishing + accessories)

Operating both game publishing and gaming accessories provides durable revenue diversification: publishing offers hit-driven and back-catalog revenue streams while accessories deliver recurring hardware sales and distribution channels, lowering reliance on any single title for mid-term cash generation and resilience.

Negative Factors

Recent revenue decline

A multi-percent revenue decline signals weakening top-line momentum which can be structural if driven by softer game launches or accessory demand. Sustained revenue declines limit scale benefits, pressure margins, and constrain the company's ability to fund new content and product development over the next several quarters.

Nacon SASU Business Overview & Revenue Model

Company Description

Nacon S.A., together with its subsidiaries, designs, develops, and markets video game accessories in France and internationally. The company offers console controllers under the NACON brand; video game accessories for racing under the Revosim bran...

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Nacon S.A., together with its subsidiaries, designs, develops, and markets video game accessories in France and internationally. The company offers console controllers under the NACON brand; video game accessories for racing under the Revosim bran...

How the Company Makes Money

Nacon makes money primarily through two main activities: (1) video game publishing and (2) gaming accessories. In game publishing, revenue is generated from the sale of video games across physical and digital channels, typically involving distribu...

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Nacon makes money primarily through two main activities: (1) video game publishing and (2) gaming accessories. In game publishing, revenue is generated from the sale of video games across physical and digital channels, typically involving distribu...

Nacon SASU Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	169.03M	167.94M	167.71M	155.98M	155.91M	177.83M
Gross Profit	64.26M	21.59M	28.14M	35.88M	37.61M	49.93M
EBITDA	61.30M	-1.28M	70.54M	48.56M	39.84M	54.96M
Net Income	-1.03M	-1.34M	17.53M	12.77M	9.96M	18.30M
Balance Sheet
Total Assets	516.51M	512.93M	478.96M	483.31M	412.25M	317.51M
Cash, Cash Equivalents and Short-Term Investments	16.48M	29.27M	26.24M	47.60M	82.15M	96.75M
Total Debt	136.16M	143.48M	142.80M	168.85M	145.00M	59.45M
Total Liabilities	233.26M	228.57M	215.41M	240.76M	183.84M	107.05M
Stockholders Equity	283.26M	284.36M	263.55M	242.55M	228.41M	210.72M
Cash Flow
Free Cash Flow	69.45M	59.34M	71.88M	45.04M	31.04M	54.46M
Operating Cash Flow	70.12M	60.46M	73.09M	47.35M	32.38M	55.66M
Investing Cash Flow	-78.66M	-79.99M	-87.30M	-115.94M	-81.35M	-53.70M
Financing Cash Flow	4.14M	19.14M	-8.55M	33.89M	35.28M	-15.58M

Nacon SASU Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FR:NACON, the sentiment is Negative. The current price of 0.53 is above the 20-day moving average (MA) of 0.16, above the 50-day MA of 0.18, and above the 200-day MA of 0.36, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 47.44 is Neutral, neither overbought nor oversold. The STOCH value of 28.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FR:NACON.

Nacon SASU Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
NACON	56 Neutral	€17.46M	-16.84	-0.36%	―	-4.49%	-117.42%
UBI	48 Neutral	€750.12M	-0.49	-4.52%	―	-26.51%	-763.39%
ALPUL	48 Neutral	€68.41M	-4.31	-0.44%	6.54%	-27.85%	-163.42%
BIG	47 Neutral	€5.38M	-2.13	0.11%	―	-4.08%	-112.93%
ALDNE	46 Neutral	€5.75M	-0.16	-97.87%	―	313.15%	44.51%
ALATA	38 Underperform	€57.49M	-4.18	-514.29%	―	39.07%	41.33%