Gravity Co., Ltd. Logo

Gravity Co., Ltd.

GRVY

(3.8)
Stock Price

60,10 USD

25.54% ROA

36.95% ROE

4.62x PER

Market Cap.

663.615.294.237,00 USD

4.46% DER

0% Yield

19% NPM

Gravity Co., Ltd. Stock Analysis

Gravity Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Gravity Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (36.98%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (5%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

5 Net Profit Growth

Throughout the past five years, this company has consistently experienced net profit growth, indicating a strong financial performance and making it an attractive investment prospect.

6 Assets Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

7 PBV

The stock's PBV ratio (1.53x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

8 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

9 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (718.283), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Gravity Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Gravity Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Gravity Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Gravity Co., Ltd. Revenue
Year Revenue Growth
2000 405.000.000
2001 0 0%
2002 9.489.916.960 100%
2003 46.040.000.000 79.39%
2004 62.255.000.000 26.05%
2005 52.819.026.699 -17.86%
2006 39.072.119.104 -35.18%
2007 40.251.872.745 2.93%
2008 53.170.000.000 24.3%
2009 43.945.590.000 -20.99%
2010 38.979.078.000 -12.74%
2011 40.224.258.623 3.1%
2012 51.951.082.000 22.57%
2013 42.437.955.000 -22.42%
2014 35.364.655.000 -20%
2015 35.660.000.000 0.83%
2016 34.960.528.000 -2%
2017 141.623.481.000 75.31%
2018 286.770.425.000 50.61%
2019 360.967.098.000 20.55%
2020 405.953.021.000 11.08%
2021 413.937.974.000 1.93%
2022 463.617.872.000 10.72%
2023 704.580.000.000 34.2%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Gravity Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2000 208.000.000
2001 1.314.060.450 84.17%
2002 1.186.239.620 -10.78%
2003 1.732.500.000 31.53%
2004 1.962.000.000 11.7%
2005 9.121.614.873 78.49%
2006 8.812.206.130 -3.51%
2007 5.764.044.956 -52.88%
2008 2.145.000.000 -168.72%
2009 1.799.000.000 -19.23%
2010 4.652.000.000 61.33%
2011 1.738.494.088 -167.59%
2012 5.134.051.000 66.14%
2013 6.223.319.000 17.5%
2014 4.847.000.000 -28.4%
2015 5.277.000.000 8.15%
2016 1.973.000.000 -167.46%
2017 5.239.000.000 62.34%
2018 7.079.825.000 26%
2019 9.502.742.000 25.5%
2020 15.033.944.000 36.79%
2021 16.570.000.000 9.27%
2022 13.797.195.000 -20.1%
2023 15.856.000.000 12.98%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Gravity Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2000 0
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 10.212.333.849 100%
2012 12.523.888.000 18.46%
2013 10.911.239.000 -14.78%
2014 0 0%
2015 0 0%
2016 0 0%
2017 15.269.000.000 100%
2018 17.680.903.000 13.64%
2019 20.418.775.000 13.41%
2020 30.294.933.000 32.6%
2021 36.587.000.000 17.2%
2022 43.585.138.000 16.06%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Gravity Co., Ltd. EBITDA
Year EBITDA Growth
2000 -350.000.000
2001 -1.314.060.450 73.37%
2002 3.558.718.860 136.93%
2003 26.353.750.000 86.5%
2004 40.965.000.000 35.67%
2005 4.138.103.329 -889.95%
2006 -5.252.372.911 178.79%
2007 -7.055.243.461 25.55%
2008 11.122.000.000 163.44%
2009 23.540.464.000 52.75%
2010 9.390.431.000 -150.69%
2011 13.118.081.748 28.42%
2012 17.381.237.000 24.53%
2013 2.364.328.000 -635.14%
2014 -5.601.460.000 142.21%
2015 -5.318.000.000 -5.33%
2016 6.452.947.000 182.41%
2017 14.668.083.000 56.01%
2018 35.653.071.000 58.86%
2019 54.424.547.000 34.49%
2020 95.947.877.000 43.28%
2021 101.986.702.000 5.92%
2022 120.661.138.000 15.48%
2023 179.904.000.000 32.93%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Gravity Co., Ltd. Gross Profit
Year Gross Profit Growth
2000 69.000.000
2001 0 0%
2002 8.303.677.340 100%
2003 38.590.000.000 78.48%
2004 52.296.000.000 26.21%
2005 36.951.134.219 -41.53%
2006 22.144.948.039 -66.86%
2007 20.762.172.329 -6.66%
2008 25.398.000.000 18.25%
2009 30.169.869.000 15.82%
2010 26.851.607.000 -12.36%
2011 28.897.147.773 7.08%
2012 23.279.749.000 -24.13%
2013 11.513.559.000 -102.19%
2014 4.746.126.000 -142.59%
2015 5.378.000.000 11.75%
2016 20.905.996.000 74.28%
2017 47.389.218.000 55.88%
2018 76.726.869.000 38.24%
2019 95.178.989.000 19.39%
2020 166.908.098.000 42.98%
2021 189.765.072.000 12.04%
2022 196.252.729.000 3.31%
2023 233.244.000.000 15.86%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Gravity Co., Ltd. Net Profit
Year Net Profit Growth
2000 -350.000.000
2001 -1.314.060.450 73.37%
2002 0 0%
2003 15.917.500.000 100%
2004 28.211.000.000 43.58%
2005 -2.997.901.470 1041.02%
2006 -21.238.357.072 85.88%
2007 -23.213.483.195 8.51%
2008 -2.773.000.000 -737.13%
2009 3.082.497.000 189.96%
2010 4.135.157.000 25.46%
2011 14.771.572.441 72.01%
2012 -14.278.401.000 203.45%
2013 -17.954.693.000 20.48%
2014 -20.029.833.000 10.36%
2015 -16.965.000.000 -18.07%
2016 -736.599.000 -2203.15%
2017 13.319.047.000 105.53%
2018 31.442.803.000 57.64%
2019 39.875.981.000 21.15%
2020 62.703.088.000 36.41%
2021 65.946.650.000 4.92%
2022 83.161.723.000 20.7%
2023 115.844.000.000 28.21%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Gravity Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2000 -350
2001 -712 50.77%
2002 0 0%
2003 3.913 100%
2004 4.884 19.88%
2005 -441 1210%
2006 -3.056 85.6%
2007 -3.341 8.5%
2008 -399 -737.09%
2009 444 189.86%
2010 595 25.38%
2011 2.126 72.01%
2012 -2.055 203.51%
2013 -2.584 20.48%
2014 -2.882 10.37%
2015 -2.441 -18.07%
2016 -106 -2202.83%
2017 1.917 105.53%
2018 4.525 57.63%
2019 5.738 21.16%
2020 9.023 36.41%
2021 9.490 4.92%
2022 11.968 20.71%
2023 16.672 28.21%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Gravity Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2002 -7.117.437.720
2003 11.900.000.000 159.81%
2004 19.622.000.000 39.35%
2005 3.299.690.218 -494.66%
2006 -3.517.253.604 193.81%
2007 -20.251.872.702 82.63%
2008 1.090.000.000 1957.97%
2009 12.851.555.000 91.52%
2010 120.991.000 -10521.91%
2011 -5.132.000.000 102.36%
2012 530.196.000 1067.94%
2013 -4.587.506.000 111.56%
2014 -5.566.574.000 17.59%
2015 -6.396.000.000 12.97%
2016 2.969.768.000 315.37%
2017 24.072.356.000 87.66%
2018 33.722.146.000 28.62%
2019 24.028.412.000 -40.34%
2020 0 0%
2021 69.971.617.000 100%
2022 95.483.607.000 26.72%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Gravity Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2002 -4.744.958.480
2003 17.055.000.000 127.82%
2004 31.528.000.000 45.91%
2005 17.737.583.698 -77.75%
2006 -791.271.177 2341.66%
2007 -10.632.958.824 92.56%
2008 6.952.000.000 252.95%
2009 15.965.002.000 56.45%
2010 6.418.289.000 -148.74%
2011 1.179.000.000 -444.38%
2012 5.699.393.000 79.31%
2013 -2.100.006.000 371.4%
2014 -4.973.400.000 57.78%
2015 -5.978.000.000 16.8%
2016 3.068.273.000 294.83%
2017 26.136.436.000 88.26%
2018 35.972.462.000 27.34%
2019 26.371.282.000 -36.41%
2020 0 0%
2021 74.182.958.000 100%
2022 98.278.652.000 24.52%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Gravity Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2002 2.372.479.240
2003 5.155.000.000 53.98%
2004 11.906.000.000 56.7%
2005 14.437.893.480 17.54%
2006 2.725.982.428 -429.64%
2007 9.618.913.878 71.66%
2008 5.862.000.000 -64.09%
2009 3.113.447.000 -88.28%
2010 6.297.298.000 50.56%
2011 6.311.000.000 0.22%
2012 5.169.197.000 -22.09%
2013 2.487.500.000 -107.81%
2014 593.174.000 -319.35%
2015 418.000.000 -41.91%
2016 98.505.000 -324.34%
2017 2.064.080.000 95.23%
2018 2.250.316.000 8.28%
2019 2.342.870.000 3.95%
2020 0 0%
2021 4.211.341.000 100%
2022 2.795.045.000 -50.67%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Gravity Co., Ltd. Equity
Year Equity Growth
2000 150.000.000
2002 0 0%
2003 19.337.500.000 100%
2004 45.339.000.000 57.35%
2005 119.482.362.387 62.05%
2006 93.584.671.054 -27.67%
2007 75.518.726.752 -23.92%
2008 76.471.000.000 1.25%
2009 82.786.899.000 7.63%
2010 86.995.910.000 4.84%
2011 101.324.901.808 14.14%
2012 86.823.076.000 -16.7%
2013 68.806.923.000 -26.18%
2014 48.738.777.000 -41.17%
2015 30.483.000.000 -59.89%
2016 31.999.087.000 4.74%
2017 44.560.176.000 28.19%
2018 75.551.785.000 41.02%
2019 115.766.090.000 34.74%
2020 177.348.016.000 34.72%
2021 246.840.858.000 28.15%
2022 330.179.821.000 25.24%
2023 443.553.000.000 25.56%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Gravity Co., Ltd. Assets
Year Assets Growth
2000 208.000.000
2002 11.862.396.200 98.25%
2003 31.212.500.000 61.99%
2004 60.027.000.000 48%
2005 143.322.674.177 58.12%
2006 116.904.106.804 -22.6%
2007 96.982.209.943 -20.54%
2008 95.935.000.000 -1.09%
2009 100.966.757.000 4.98%
2010 105.852.754.000 4.62%
2011 118.703.371.184 10.83%
2012 106.433.719.000 -11.53%
2013 86.972.235.000 -22.38%
2014 63.732.812.000 -36.46%
2015 45.729.000.000 -39.37%
2016 52.175.990.000 12.36%
2017 115.883.138.000 54.98%
2018 173.173.829.000 33.08%
2019 175.425.345.000 1.28%
2020 265.372.368.000 33.89%
2021 327.526.323.000 18.98%
2022 444.093.980.000 26.25%
2023 567.333.000.000 21.72%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Gravity Co., Ltd. Liabilities
Year Liabilities Growth
2000 58.000.000
2002 11.862.396.200 99.51%
2003 11.875.000.000 0.11%
2004 14.688.000.000 19.15%
2005 23.818.327.179 38.33%
2006 23.291.936.415 -2.26%
2007 21.395.131.132 -8.87%
2008 19.327.000.000 -10.7%
2009 18.179.858.000 -6.31%
2010 18.856.844.000 3.59%
2011 17.378.469.376 -8.51%
2012 19.228.077.000 9.62%
2013 17.812.385.000 -7.95%
2014 14.799.243.000 -20.36%
2015 15.737.000.000 5.96%
2016 20.176.903.000 22%
2017 71.884.687.000 71.93%
2018 97.622.044.000 26.36%
2019 59.659.255.000 -63.63%
2020 88.024.352.000 32.22%
2021 80.685.465.000 -9.1%
2022 113.914.159.000 29.17%
2023 123.780.000.000 7.97%

Gravity Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
108808.71
Net Income per Share
20669.85
Price to Earning Ratio
4.62x
Price To Sales Ratio
0.88x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
1.5
EV to Sales
0.6
EV Over EBITDA
2.35
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.22
FreeCashFlow Yield
0
Market Cap
663,62 Bil.
Enterprise Value
456,40 Bil.
Graham Number
172160.55
Graham NetNet
55639.53

Income Statement Metrics

Net Income per Share
20669.85
Income Quality
0
ROE
0.37
Return On Assets
0.25
Return On Capital Employed
0.38
Net Income per EBT
0.79
EBT Per Ebit
1.05
Ebit per Revenue
0.23
Effective Tax Rate
0.21

Margins

Sales, General, & Administrative to Revenue
-0.02
Research & Developement to Revenue
0.02
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.33
Operating Profit Margin
0.23
Pretax Profit Margin
0.24
Net Profit Margin
0.19

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.3
Return on Tangible Assets
0.26
Days Sales Outstanding
39.24
Days Payables Outstanding
55.58
Days of Inventory on Hand
2.17
Receivables Turnover
9.3
Payables Turnover
6.57
Inventory Turnover
168.34
Capex per Share
0

Balance Sheet

Cash per Share
64.464,88
Book Value per Share
63.730,52
Tangible Book Value per Share
63830.68
Shareholders Equity per Share
63730.52
Interest Debt per Share
4809.88
Debt to Equity
0.04
Debt to Assets
0.03
Net Debt to EBITDA
-1.06
Current Ratio
4.62
Tangible Asset Value
438,52 Bil.
Net Current Asset Value
414,20 Bil.
Invested Capital
0.04
Working Capital
421,48 Bil.
Intangibles to Total Assets
0.01
Average Receivables
96,85 Bil.
Average Payables
88,93 Bil.
Average Inventory
3346500000
Debt to Market Cap
0.03

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Gravity Co., Ltd. Dividends
Year Dividends Growth

Gravity Co., Ltd. Profile

About Gravity Co., Ltd.

Gravity Co., Ltd. develops and publishes online and mobile games in South Korea, Taiwan, Thailand, and Japan. 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. The company also provides console games, such as Ragnarok DS for Nintendo DS; Ragnarok: The Princess of Light and Darkness for PlayStation Portable; Ragnarok Odyssey for PlayStation Vita; Double Dragon II for Xbox 360; Ragnarok Odyssey Ace for PlayStation Vita and PlayStation 3; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Pororo: The Little Penguin; and markets dolls, stationery, food, and other character-based merchandises, as well as game manuals, monthly magazines, and other publications. Further, the company provides system development and maintenance services, as well as system integration services to third parties. As of December 31, 2021, it owned 156 registered domain names. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

CEO
Mr. Hyun Chul Park
Employee
400
Address
396 World Cup buk-ro
Seoul, 03925

Gravity Co., Ltd. Executives & BODs

Gravity Co., Ltd. Executives & BODs
# Name Age
1 Mr. Yoshinori Kitamura
Chairman of the Board & Chief Operating Officer
70
2 Mr. Kazuki Morishita
Executive Director
70
3 Mr. Kyu Hyeong Lee
Senior Executive Vice President of Human Resources
70
4 Mr. Kazuya Sakai
Executive Director
70
5 Mr. Heung Gon Kim
Chief Financial Officer & Executive Director
70
6 Mr. Hyun Chul Park
Chief Executive Officer & Executive Director
70
7 Mr. Taik Baik Seung
Chief Marketing Officer and Senior Executive Vice President
70

Gravity Co., Ltd. Competitors