Added to YB: 2024-10-18
Pitch date: 2024-10-17
GRVY [bullish]
Gravity Co., Ltd.
-14.18%
current return
Author Info
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, Ragnarok Online II, and Ragnarok Landverse.
Market Cap
$586.6B
Pitch Price
$67.30
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.30
P/E
7.50
EV/Sales
-0.04
Sector
Entertainment
Category
growth
How do you solve a problem like Korea? Gavity Co. $GRVY
GRVY: S. Korean game dev, $416M mkt cap, $340M cash. 2023: $503M rev, $96M net. P/E 4x vs owner GungHo's 13x. 15-40% rev growth. Multiple new game releases Q2/Q3 2023. Temp profit dip due to marketing spend. Potential catalysts: growth rebound, profitability increase, multiple expansion. 47% 8yr CAGR despite current compression.
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