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Added to YB: 2026-02-18

Pitch date: 2026-02-14

GRVY [bullish]

Gravity Co., Ltd.

-6.55%

current return

Author Info

No bio for this author

Company Info

Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Requiem Online, R.

Market Cap

N/A

Pitch Price

$66.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

0.61

P/E

8.85

EV/Sales

N/A

Sector

Entertainment

Category

special_situation

Show full summary:
Gravity (GRVY) – Secretly OP

GRVY: Korean mobile game dev, 80%+ rev from Ragnarok IP (license til 2063). $400M cash, $70M EV = 1.3x 2025 op profit (~$53M). ~10% earnings yield. Main catalyst: activist campaign at 59% owner GungHo may force cash return via dividends/buybacks. Risks: continued cash hoarding, IP relevance fade, minority squeeze-out.

Read full article (2 min)