Professional
Added to YB: 2024-06-19
Pitch date: 2024-06-05
GRVY [bullish]
Gravity Co., Ltd.
-28.87%
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, Ragnarok Online II, and Ragnarok Landverse.
Market Cap
$586.6B
Pitch Price
$81.20
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.30
P/E
7.50
EV/Sales
-0.04
Sector
Entertainment
Category
value
Arar Fund: Gravity ($GRVY)
GRVY: Korean online game dev growing earnings 3x in 5yrs, P/E <5. Owns Ragnarok IP, popular in Asia w/ in-game purchases driving revenue. Expanding to new markets & games. Risks: dependence on Ragnarok, fraud. Bull case: cash pile > market cap, parent co. GungHo may acquire or force dividend. Extremely cheap, high upside potential.
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