Added to YB: 2026-07-20
Pitch date: 2026-07-16
GRVY [bullish]
Gravity Co., Ltd.
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
$642.7B
Pitch Price
N/A
Price Target
90.00
Dividend
N/A
EV/EBITDA
0.38
P/E
8.59
EV/Sales
0.05
Sector
Entertainment
Category
value
Gravity Co. (GRVY) - Cash-Rich Value Trap Finally Breaking Orbit?
GRVY: S. Korean Ragnarok IP game co at 0.5x EBIT run rate (0.7x LTM), net cash $401m = 91% of $439m mkt cap. June 18 6-K interim dividend signals end to 20yr cash hoarding, driven by ~59% owner GungHo facing activist pressure. FV $90-200/sh, 40%+ upside. Risks: divi size, GungHo control, PFIC, pipeline.
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