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Technology - Electronic Gaming & Multimedia - NASDAQ - KR
$ 58.63
0.222 %
$ 407 M
Market Cap
6.86
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GRVY stock under the worst case scenario is HIDDEN Compared to the current market price of 58.6 USD, Gravity Co., Ltd. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GRVY stock under the base case scenario is HIDDEN Compared to the current market price of 58.6 USD, Gravity Co., Ltd. is HIDDEN

This DCF valuation model was last updated on Apr, 22, 2025.

The intrinsic value of one GRVY stock under the best case scenario is HIDDEN Compared to the current market price of 58.6 USD, Gravity Co., Ltd. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart GRVY

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$70.0$70.0$68.0$68.0$66.0$66.0$64.0$64.0$62.0$62.0$60.0$60.0$58.0$58.0$56.0$56.0$54.0$54.0$52.0$52.0Nov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '2515 Apr15 Apr
FINANCIALS
726 B REVENUE
56.49%
160 B OPERATING INCOME
52.96%
132 B NET INCOME
58.95%
132 B OPERATING CASH FLOW
34.75%
-117 B INVESTING CASH FLOW
-421.83%
-4.08 B FINANCING CASH FLOW
-4.21%
128 B REVENUE
4.40%
27.6 B OPERATING INCOME
83.97%
22.4 B NET INCOME
78.10%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Gravity Co., Ltd.
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Current Assets 547 B
Cash & Short-Term Investments 466 B
Receivables 74.8 B
Other Current Assets 6.31 B
Non-Current Assets 31.3 B
Long-Term Investments 1.82 B
PP&E 10.2 B
Other Non-Current Assets 19.3 B
80.55 %12.95 %3.34 %Total Assets$578.2b
Current Liabilities 106 B
Accounts Payable 61.8 B
Short-Term Debt 0
Other Current Liabilities 44.7 B
Non-Current Liabilities 8.02 B
Long-Term Debt 0
Other Non-Current Liabilities 8.02 B
53.98 %39.02 %7.01 %Total Liabilities$114.5b
EFFICIENCY
Earnings Waterfall Gravity Co., Ltd.
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Revenue 726 B
Cost Of Revenue 485 B
Gross Profit 241 B
Operating Expenses 80.2 B
Operating Income 160 B
Other Expenses 28.3 B
Net Income 132 B
800b800b700b700b600b600b500b500b400b400b300b300b200b200b100b100b00726b(485b)241b(80b)160b(28b)132bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
33.16% GROSS MARGIN
33.16%
22.10% OPERATING MARGIN
22.10%
18.20% NET MARGIN
18.20%
28.51% ROE
28.51%
22.83% ROA
22.83%
26.60% ROIC
26.60%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Gravity Co., Ltd.
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140b140b120b120b100b100b80b80b60b60b40b40b20b20b00(20b)(20b)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Net Income 132 B
Depreciation & Amortization 7.66 B
Capital Expenditures -5.8 B
Stock-Based Compensation 0
Change in Working Capital -5.03 B
Others -32.5 B
Free Cash Flow 127 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Gravity Co., Ltd.
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GRVY has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 8
6. Ownership
Insider Ownership Gravity Co., Ltd.
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Sold
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3-6 MONTHS
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6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Ragnarok M: Classic (Chinese title: RO仙境傳說:守護永恆的愛 Classic) Ranked First in Taiwan, Second in Macau and Fourth in Hong Kong in Top Grossing of Apple App Store Seoul, South Korea , April 22, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Interactive, Inc., Gravity's wholly-owned subsidiary, has officially launched Ragnarok M: Classic (Chinese title: RO 仙境傳說:守護永恆的愛 Classic) (“Ragnarok M: Classic”), an MMORPG Mobile game, in Taiwan, Hong Kong and Macau on April 16, 2025 and the early success has been made, ranking among the top in launching markets. globenewswire.com - 1 week ago
Ragnarok: Back to Glory Official Launching in Korea and Southeast Asia on April 17, 2025 Seoul, South Korea, April 17, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced the official launch of Ragnarok: Back to Glory, in Korea and Southeast Asia on April 17, 2025. globenewswire.com - 2 weeks ago
S&P 500 Slips Through The Cracks, Analyst Spots Short-Lived Bounce Before Gravity Kicks In The market just slipped through what JPMorgan's Jason Hunter calls a "fork in the road" — only this time, it's more like tumbling through a black hole. Hunter says the recent U.S. trade policy surprise pushed the S&P 500 index below a critical level near 5500, triggering what could be an accelerated pricing of recession risks. benzinga.com - 3 weeks ago
仙境传说:破晓 (Ragnarok Dawn, Tentative English Title) Has Successfully Launched in China Seoul, South Korea, March 18, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that 仙境 传说 :破 晓 (“Ragnarok: Dawn”, Tentative English Title), an idle MMORPG mobile game, has made an early success after its launch in China on February 20, 2025. globenewswire.com - 1 month ago
Standard Uranium Provides Exploration Update Highlighting Results of Gravity and TDEM Surveys on Three Eastern Athabasca Uranium Projects Vancouver, British Columbia--(Newsfile Corp. - March 13, 2025) - Standard Uranium Ltd. (TSXV: STND) (OTCQB: STTDF) (FSE: 9SU) ("Standard Uranium" or the "Company") is pleased to provide a summary of geophysical programs on three of its 100% owned Eastern Athabasca Basin uranium projects as part of its targeted exploration strategies to continue advancing its uranium portfolio in the Athabasca Basin region towards discovery. newsfilecorp.com - 1 month ago
Cotec Announces Exclusivity and Collaboration Agreement with Salter Cyclones for the Use of Its Multi-Gravity Technology for the Recovery Ultra Fine Iron and Manganese VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / February 27, 2025 / CoTec Holdings Corp. (TSXV:CTH)(OTCQB:CTHCF) ("CoTec") is pleased to announce the signing of a binding long-term exclusivity and collaboration agreement with Salter Cyclones Limited ("Salter") for the application of its Multi-Gravity Separators (MGS) technology for the recovery of iron ore and manganese from both primary mining and tailings material. Salter's MGS technology was originally developed in the 1980s by Richard Mozley and has been in operation for many years applied to the recovery of valuable metal minerals (tin, chromium, copper, zinc etc). accessnewswire.com - 2 months ago
Ragnarok M: Classic Has Successfully Launched in Southeast Asia Seoul, South Korea, Feb. 19, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Interactive, Inc., Gravity's wholly-owned subsidiary, has officially launched Ragnarok M: Classic, an MMORPG Mobile game, in 9 regions of Southeast Asia on February 14, 2025 and the early success has been made after the official launch in the launching markets. globenewswire.com - 2 months ago
CopperCorp Confirms Significant Outcropping Mineralization at Hydes and Commences Ground Gravity Surveys at Razorback Vancouver, British Columbia--(Newsfile Corp. - February 18, 2025) - CopperCorp Resources Inc. (TSXV: CPER) (OTCQB: CPCPF) ("CopperCorp" or the "Company") is pleased to provide an update on its ongoing exploration activities at the Company's 100% Razorback Copper-Gold-REE property in western Tasmania, Australia (Figures 1 and 2). Highlights Exploration field crews have successfully located outcropping copper mineralization at the Hydes prospect in the vicinity of a 1960's surface channel sampling program reported by BHP that returned 23.0m @ 0.8% Cu. newsfilecorp.com - 2 months ago
Gravity Reports Preliminary Unaudited 4Q 2024 Results and Business Updates Seoul, South Korea, Feb. 14, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the fourth quarter ended December 31, 2024, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates. globenewswire.com - 2 months ago
Ragnarok Begins (RO仙境傳說:一定要可愛) Official Launching in Taiwan, Hong Kong and Macau on February 13, 2025 Seoul, South Korea, Feb. 13, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Gravity Communications Co., Ltd., Gravity's wholly-owned subsidiary, officially launched Ragnarok Begins (RO 仙境傳說:一定要可愛), an Action Side-scrolling MMORPG Mobile and PC game, in Taiwan, Hong Kong and Macau on February 13, 2025 at 9:00 p.m. (Taiwan local time). globenewswire.com - 2 months ago
仙境传说:初心 Received an ISBN Code by Chinese Government Seoul, Jan. 24, 2025 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, today announced that 仙境 传说 :初心, a mobile MMOARPG game, received an ISBN code by Chinese government disclosed on January 21, 2025. globenewswire.com - 3 months ago
Delek Logistics Announces Completion of Gravity Water Acquisition DKL's acquisition of Gravity Water for $285 million strengthens its position in the Permian Basin, driving growth in crude, gas and water midstream services. zacks.com - 3 months ago
8. Profile Summary

Gravity Co., Ltd. GRVY

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COUNTRY KR
INDUSTRY Electronic Gaming & Multimedia
MARKET CAP $ 407 M
Dividend Yield 0.00%
Description Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and Japan. The company offers a massively multiplayer online role-playing game, including Ragnarok Online, Dragonica, Ragnarok Online II, and Ragnarok Prequel II. Its mobile games portfolio includes Ragnarok M: Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; the Labyrinth of Ragnarok; Ragnarok Poring Merge; Tera Classic; Ragnarok: The Lost Memories; Sadako M; NBA: Rise To Stardom; Milkmaid Of The Milky Way; and Paladog Tactics. The company also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Pororo: The Little Penguin; and markets dolls, stationery, food, and other character-based merchandises, as well as game manuals, monthly magazines, and other publications. Further, the company provides system development and maintenance services, as well as system integration services to third parties. As of December 31, 2021, it owned 156 registered domain names. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.
Contact 396 World Cup buk-ro, Seoul, 03925 https://www.gravity.co.kr
IPO Date Feb. 8, 2005
Employees 414
Officers Mr. Kazuki Morishita Executive Director Mr. Koji Yoshida Executive Director Mr. Heung Gon Kim Chief Financial Officer & Executive Director Mr. Kyu Hyeong Lee Senior Executive Vice President of Human Resources Mr. Kazuya Sakai Executive Director Mr. Yoshinori Kitamura Chairman of the Board, Chief Operating Officer & Chief Compliance Officer Mr. Hyun Chul Park Chief Executive Officer & Executive Director Mr. Taik Baik Seung Chief Marketing Officer and Senior Executive Vice President