GRAVITY Co. Ltd. American Depository Shares (GRVY)

FairStock Score: 65/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Gravity is a small game publisher whose main asset is the Ragnarok franchise, spanning online and mobile titles plus merchandise and animation. That kind of long-lived intellectual property can create a modest moat, though gaming remains hit-driven. At the 2026-10-13 close of $67.40, FairStock calculates a P/E of 7.51 and P/B of 0.92, which looks cheap if earnings are durable. The balance sheet is conservative, with debt-to-equity of 0.01 and a 4.59% dividend yield. Returns are mixed: ROE is 13.23%, but ROCE is only 6.44%, suggesting capital efficiency is not exceptional. The supplied growth figures show revenue growth of 8.19% but profit growth of -11.24%, so sales are moving while profitability is under pressure. In fiscal Q2 2026, revenue was $161.9B and net income was $24.3B, a 15.04% margin. FairStock’s Piotroski F-Score of 4/9 and Altman Z-Score of 2.36 point to only average financial momentum and resilience. The Graham Number of $4508.23 and 98.50% margin of safety look extraordinary, but I would treat them cautiously given the other data quirks, including negative EV/EBITDA of -2.01. The computed Lynch category is none because only 0 years of filed results are available versus the 3 required. I see a statistically cheap, debt-light company with a recognizable brand, but shrinking profit and mediocre quality scores keep it from being a clear bargain. I would watch whether margins and cash generation stabilize.

In plain English: Gravity makes and publishes online and mobile games, best known for Ragnarok. It looks financially sturdy with almost no debt and pays a decent dividend, but profits have slipped while sales rose. At the latest close, the shares look cheap against reported earnings and accounting value, though the business is not clearly getting stronger.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer