Gravity (Nasdaq:GRVY) - Stock Price, News & Analysis

GRVY Stock Overview

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and the United States.

About the company

GRVY fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	0/6
Past Performance	6/6
Financial Health	6/6
Dividends	0/6

Rewards

Trading at 62.6% below our estimate of its fair value

Earnings grew by 180.3% over the past year

Risk Analysis

No risks detected for GRVY from our risk checks.

Gravity Co., Ltd. Competitors

iHuman

NYSE:IH

US$138.0m

DouYu International Holdings

NasdaqGS:DOYU

US$230.9m

SciPlay

NasdaqGS:SCPL

US$2.9b

Playtika Holding

NasdaqGS:PLTK

US$3.0b

Price History & Performance

Summary of all time highs, changes and price drops for Gravity
Historical stock prices
Current Share Price	US$75.36
52 Week High	US$82.48
52 Week Low	US$36.08
Beta	0.68
1 Month Change	18.85%
3 Month Change	8.74%
1 Year Change	83.76%
3 Year Change	-55.52%
5 Year Change	101.44%
Change since IPO	49.64%

Recent updates

Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

May 11

Gravity: Cheap Beyond Rational

Jan 28

Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Oct 20

Why We Like The Returns At Gravity (NASDAQ:GRVY)

Apr 14

What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

Mar 08

Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Feb 10

Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

Jan 14

What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

Dec 07

More GRVY Please: Finding Value In Gravity, A Korean Gaming Company

Nov 30

Gravity: Predictable Gaming Cash Flow, Cheap Valuations

Nov 25

Gravity reports Q3 results

Nov 13

Shareholder Returns

	GRVY	US Entertainment	US Market
7D	3.2%	-1.6%	0.5%
1Y	83.8%	20.7%	14.4%

Return vs Industry: GRVY exceeded the US Entertainment industry which returned 21.6% over the past year.

Return vs Market: GRVY exceeded the US Market which returned 14.7% over the past year.

Price Volatility

Is GRVY's price volatile compared to industry and market?
GRVY volatility
GRVY Average Weekly Movement	5.5%
Entertainment Industry Average Movement	7.2%
Market Average Movement	6.1%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	2.9%

Stable Share Price: GRVY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: GRVY's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	400	Hyun Chul Park	https://www.gravity.co.kr

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and the United States. 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.

Gravity Co., Ltd. Fundamentals Summary

How do Gravity's earnings and revenue compare to its market cap?
GRVY fundamental statistics
Market Cap	US$520.89m
Earnings (TTM)	US$109.37m
Revenue (TTM)	US$575.73m

4.8x

P/E Ratio

0.9x

P/S Ratio

Is GRVY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GRVY income statement (TTM)
Revenue	₩756.10b
Cost of Revenue	₩503.34b
Gross Profit	₩252.77b
Other Expenses	₩109.13b
Earnings	₩143.63b

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	20.67k
Gross Margin	33.43%
Net Profit Margin	19.00%
Debt/Equity Ratio	0%

How did GRVY perform over the long term?

See historical performance and comparison

GRVY Stock Overview

Rewards

Risk Analysis

Gravity Co., Ltd. Competitors

NYSE:IH

US$138.0m

NasdaqGS:DOYU

US$230.9m

NasdaqGS:SCPL

US$2.9b

NasdaqGS:PLTK

US$3.0b

Price History & Performance

Recent News & Updates

Gravity Officially Launches New Roguelike Game Wetory on Nintendo Switch and Steam

GRAVITY Co., Ltd. Announces Launch of Ragnarok Landverse in Southeast Asia

Gravity Launches New Roguelike Game ‘Wetory’ in Early Access

Second quarter 2023 earnings released: EPS: ₩6,478 (vs ₩2,513 in 2Q 2022)

Gravity Launches Mobile Idle Relaxing Game ‘WITH: Whale In The High’ for the Global Region

Investor sentiment improves as stock rises 15%

Recent updates

Gravity Officially Launches New Roguelike Game Wetory on Nintendo Switch and Steam

GRAVITY Co., Ltd. Announces Launch of Ragnarok Landverse in Southeast Asia

Gravity Launches New Roguelike Game ‘Wetory’ in Early Access

Second quarter 2023 earnings released: EPS: ₩6,478 (vs ₩2,513 in 2Q 2022)

Gravity Launches Mobile Idle Relaxing Game ‘WITH: Whale In The High’ for the Global Region

Investor sentiment improves as stock rises 15%

Full year 2022 earnings released: EPS: ₩11,968 (vs ₩9,490 in FY 2021)

Investor sentiment improves as stock rises 15%

Investor sentiment improves as stock rises 22%

Gravity (NASDAQ:GRVY) Might Become A Compounding Machine

Gravity Co., Ltd. Officially Launches Ragnarok X: Next Generation in Korea on January 5, 2023

Less than half of directors are independent

Investor sentiment improved over the past week

Gravity Co., Ltd.'s Gravity Game Hub (GGH) Pte. Ltd Announces Release of New Mobile Game, Ragnarok Arena

Investor sentiment deteriorated over the past week

Gravity gains as 'Ragnarok Origin' hits more markets

Gravity Game announces launch of Ragnarok Labyrinth NFT Global Launch

Gravity Is Cheap But Ragnarok Online Is Getting Old

Second quarter 2022 earnings released: EPS: ₩2,513 (vs ₩2,125 in 2Q 2021)

Gravity Co., Ltd. Announces Ragnarok X: Next Generation Official Launch in South Korea in the Second Half of 2022

Gravity Suffers With Mobile Pullback

Gravity Officially Launches MMORPG Ragnarok V

Gravity Officially Launches MMORPG Ragnarok V

First quarter 2022 earnings released: EPS: ₩2,365 (vs ₩3,391 in 1Q 2021)

Shareholders Would Enjoy A Repeat Of Gravity's (NASDAQ:GRVY) Recent Growth In Returns

Less than half of directors are independent

Gravity Co., Ltd. Launches 2nd CBT of Ragnarok V: Returns, New 3D MMORPG, in Oceania

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Gravity: Cheap Beyond Rational

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS ₩3,792 (vs ₩3,638 in 3Q 2020)

Why The 49% Return On Capital At Gravity (NASDAQ:GRVY) Should Have Your Attention

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Second quarter 2021 earnings released: EPS ₩2,125 (vs ₩1,884 in 2Q 2020)

GRAVITY Co., Ltd. Launches Ragnarok Origin, A MMORPG Mobile Game in Japan

Investor sentiment deteriorated over the past week

Gravity Co., Ltd. Launches Global CBT of Tentatively Named 3D MMORPG ‘Ragnarok: Project S’ on June 22

Investor sentiment improved over the past week

First quarter 2021 earnings released: EPS ₩3,391 (vs ₩1,333 in 1Q 2020)

Investor sentiment deteriorated over the past week

Why We Like The Returns At Gravity (NASDAQ:GRVY)

Investor sentiment improved over the past week

Full year 2020 earnings released: EPS ₩9,023 (vs ₩5,738 in FY 2019)

Full year 2020 earnings released: EPS ₩9,002 (vs ₩5,738 in FY 2019)

Gravity Co., Ltd., Annual General Meeting, Mar 31, 2021

What Type Of Shareholders Make Up Gravity Co., Ltd.'s (NASDAQ:GRVY) Share Registry?

New 90-day low: US$129

Investor sentiment deteriorated over the past week

Is Gravity Co., Ltd.'s(NASDAQ:GRVY) Recent Stock Performance Tethered To Its Strong Fundamentals?

Should You Be Excited About Gravity's (NASDAQ:GRVY) Returns On Capital?

Investor sentiment improved over the past week

Investor sentiment improved over the past week

New 90-day high: US$193

What Kind Of Shareholders Own Gravity Co., Ltd. (NASDAQ:GRVY)?

Market bids up stock over the past week

More GRVY Please: Finding Value In Gravity, A Korean Gaming Company