We are live on ! Find out more

GRVY

GRAVITY

GRVY

Market cap $490M

70.50 USD

-0.03

0.04%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

70.50

0.00

0%

1 day

-0.04%

5 days

0.38%

1 month

2.17%

3 months

23.99%

6 months

17.28%

Year to date

20.31%

1 year

10.57%

5 years

-26.94%

10 years

2,511.11%

About: GRAVITY Co Ltd is an online and mobile games developer and publisher based in Korea. The gaming products of the company include Ragnarok Online, Requiem, Dragonica (Dragon Saga), Ragnarok Online II, Requiem Online, and R.O.S.E. Online. The company generates revenue from online games, mobile games and other sources including character based merchandise and animation. Geographically, it derives maximum revenue from Taiwan.

Employees: 499

Communication Services Electronic Gaming & Multimedia

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 100%

Negative 0%

Gravity: Cheap When Excluding Non-Operating Assets, But AI Could Saturate Mobile Market

Gravity trades at a compelling valuation, with a market cap just over $500M and net cash near $400M, leading to an EV/EBIT slightly above 1x on an annualized basis. GRVY's earnings have improved due to reduced marketing expenses, but topline growth remains stagnant, and we aren't so sure about the IP. Upcoming game releases, especially in China, are currently causing R&D drag and will cause marketing drag, but reinvestment economics are positive given profits.

Gravity: Cheap When Excluding Non-Operating Assets, But AI Could Saturate Mobile Market

6-K_GRAVITY_Second QUARTER 2026 RESULT and Business Update

Seoul, Korea, Aug. 07, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the second quarter ended June 30, 2026, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.

6-K_GRAVITY_Second QUARTER 2026 RESULT and Business Update

Ragnarok M: Eternal Love 2 (Chinese Title 仙境传说：守护永恒的爱2) Received an ISBN Code from Chinese Government

Seoul, South Korea, July 28, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that Ragnarok M: Eternal Love 2 (Chinese Title 仙境传说：守护永恒的爱 2), an MMORPG Mobile and PC game, received an ISBN code from Chinese government on July 23, 2026.

Ragnarok M: Eternal Love 2 (Chinese Title 仙境传说：守护永恒的爱2) Received an ISBN Code from Chinese Government

Ragnarok Origin Classic Officially Launched in North, Central and South America on July 23, 2026

Seoul, South Korea, July 24, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd.

Ragnarok Origin Classic Officially Launched in North, Central and South America on July 23, 2026

Ragnarok: Rebirth Global Officially Launched in North, Central and South America (except Brazil) on July 16, 2026

Seoul, Korea, July 17, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd. (“Gravity Game Vision”), Gravity's wholly-owned subsidiary in Hong Kong, has officially launched Ragnarok: Rebirth Global, a 3D MMORPG Mobile game, in North, Central and South America (except Brazil) on July 16, 2026.

Ragnarok: Rebirth Global Officially Launched in North, Central and South America (except Brazil) on July 16, 2026

Ragnarok: The New World Officially Launched in Southeast Asia on July 16, 2026

Seoul, Korea, July 16, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd. (“Gravity Game Vision”), Gravity's wholly-owned subsidiary in Hong Kong, has officially launched Ragnarok: The New World, the first open-world MMORPG Mobile and PC game based on Ragnarok IP, in Southeast Asia on July 16, 2026.

Ragnarok: The New World Officially Launched in Southeast Asia on July 16, 2026

Gravity: One Of The Most Mispriced Stocks On The Market

Gravity Co., Ltd. (GRVY) is deeply undervalued, trading below book and liquidation value despite strong profitability and a robust balance sheet. GRVY's Q1 2026 results showed 42.7% QoQ and 17.8% YoY revenue growth, driven by the new Ragnarok: The New World mobile game. Governance risks persist due to majority control by GungHo and no capital return policy, justifying a discount but not to current extreme levels.

Gravity: One Of The Most Mispriced Stocks On The Market

Ragnarok: Twilight Global Official Launching in Europe and North, Central and South America on June 4, 2026

Seoul, Korea, June 04, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games, announced that GRAVITY Game Vision, Ltd., Gravity's wholly-owned subsidiary, has officially launched Ragnarok: Twilight Global, an idle MMORPG Mobile game, in Europe and North, Central and South America on June 4, 2026.

Ragnarok: Twilight Global Official Launching in Europe and North, Central and South America on June 4, 2026

6-K_GRAVITY_First QUARTER 2026 RESULT and Business Update

Seoul, Korea , May 08, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the first quarter ended March 31, 2026, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.

6-K_GRAVITY_First QUARTER 2026 RESULT and Business Update

GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

Seoul, Korea, April 24, 2026 (GLOBE NEWSWIRE) -- GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or the “Company”) today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2025 with the Securities and Exchange Commission on April 24, 2026. The annual report can be accessed on the Company's investor relations Web site at https://www.gravity.co.kr/en/ir/notice

GRAVITY ANNOUNCES FILING OF ANNUAL REPORT ON FORM 20-F FOR FISCAL YEAR 2025

See News Rankings

Price charts implemented using Lightweight Charts™