Gravity Co., Ltd. (GRVY) Financial Ratios
24 years of historical data (2002–2025) · Technology · Electronic Gaming & Multimedia
EV/EBITDA
↓
5.43
—
5yr avg: N/A
30Y Low0.0·High0.0
P/FCF
↓
9.14
↑+184599% vs avg
5yr avg: 0.00
30Y Low0.0·High0.4
P/B Ratio
↓
1.09
↑+104569% vs avg
5yr avg: 0.00
30Y Low0.0·High2.6
ROE
↓
11.2%
↑-54% vs avg
5yr avg: 24.2%
30Y Low-43%·High105%
Debt/EBITDA
N/A
—
5yr avg: 0.05
30Y Low0.0·High2.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
GRVY Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Gravity Co., Ltd. trades at 10.2x earnings, 201214% above its 5-year average of 0.0x, sitting at the 100th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a discount of 65%. On a free-cash-flow basis, the stock trades at 9.1x P/FCF, 184599% above the 5-year average of 0.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $455M | $402M | $439M | $483M | $280M | $473M | $1.3B | $260M | $292M | $328M | $37M |
| Enterprise Value | $322M | $-203188795370 | $-228459448610 | $-183598627560 | $-169596816320 | $-93508577120 | $-106129447740 | $196M | $-85759231645 | $-38766929615 | $-13958574808 |
| P/E Ratio → | 10.17 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.02 | — |
| P/S Ratio | 1.24 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| P/B Ratio | 1.09 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 2.60 | 0.00 | 0.01 | 0.00 |
| P/FCF | 9.14 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
| P/OCF | 9.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 |
P/E links to full P/E history page with 30-year chart
GRVY EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Gravity Co., Ltd.'s enterprise value stands at 5.4x EBITDA. The Technology sector median is 16.7x, placing the stock at a 67% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -0.36 | -0.46 | -0.25 | -0.37 | -0.23 | -0.26 | 0.00 | -0.30 | -0.27 | -0.40 |
| EV / EBITDA | 5.43 | -2.24 | -2.41 | -1.09 | -1.52 | -0.91 | -1.14 | 0.00 | -2.43 | -2.64 | -2.36 |
| EV / EBIT | 6.16 | -2.23 | -2.15 | -1.09 | -1.54 | -0.94 | -1.20 | 0.00 | -2.53 | -2.74 | -3.62 |
| EV / FCF | — | -2.67 | -3.10 | -1.45 | -1.78 | -1.34 | -1.60 | 0.01 | -2.54 | -1.61 | -4.70 |
GRVY Profitability
Margins and return-on-capital ratios measuring operating efficiency
Gravity Co., Ltd. earns an operating margin of 14.2%. Operating margins have compressed from 22.1% to 14.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 11.2% is modest. ROIC of 15.5% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.0% | 35.0% | 38.7% | 33.2% | 42.3% | 45.8% | 41.1% | 26.4% | 26.8% | 33.5% | 59.8% |
| Operating Margin | 14.2% | 14.2% | 17.0% | 22.1% | 22.6% | 23.4% | 21.8% | 13.5% | 11.8% | 10.0% | 16.3% |
| Net Profit Margin | 12.0% | 12.0% | 17.0% | 18.2% | 17.9% | 15.9% | 15.4% | 11.0% | 11.0% | 9.4% | -2.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 11.2% | 11.2% | 16.5% | 33.3% | 28.8% | 31.1% | 70.7% | 105.4% | 52.6% | 35.3% | -2.4% |
| ROA | 9.4% | 9.4% | 13.4% | 25.8% | 21.6% | 22.2% | 47.2% | 46.0% | 21.8% | 15.9% | -1.5% |
| ROIC | 15.5% | 15.5% | 20.7% | 54.7% | 50.2% | 65.1% | 189.4% | 102410.8% | — | 94.9% | 37.9% |
| ROCE | 13.0% | 13.0% | 16.3% | 39.6% | 35.4% | 44.3% | 96.7% | 122.4% | 51.8% | 32.5% | 15.6% |
GRVY Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
The company holds a net cash position — cash of $203.6B exceeds total debt of $0, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of 323.5x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | 0.02 | 0.02 | 0.04 | — | — | — |
| Debt / EBITDA | — | — | — | — | — | 0.05 | 0.03 | 0.00 | — | — | — |
| Net Debt / Equity | — | -0.32 | -0.40 | -0.40 | -0.51 | -0.38 | -0.61 | -0.64 | -1.14 | -0.89 | -0.45 |
| Net Debt / EBITDA | -2.25 | -2.25 | -2.42 | -1.10 | -1.52 | -0.91 | -1.15 | -0.00 | -2.44 | -2.67 | -2.36 |
| Debt / FCF | — | -2.68 | -3.10 | -1.45 | -1.78 | -1.34 | -1.62 | -0.00 | -2.55 | -1.62 | -4.71 |
| Interest Coverage | 323.48 | 323.48 | 788.76 | 1042.35 | 866.21 | 864.49 | 474.18 | 176.18 | 2824.12 | 1087.54 | — |
Net cash position: cash ($203.6B) exceeds total debt ($0)
GRVY Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Gravity Co., Ltd.'s current ratio of 7.27x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has improved from 5.14x to 7.27x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 7.27 | 7.27 | 6.02 | 5.14 | 3.99 | 4.14 | 2.98 | 2.79 | 1.71 | 1.68 | 2.96 |
| Quick Ratio | 7.27 | 7.27 | 6.02 | 5.14 | 3.99 | 4.09 | 2.95 | 2.79 | 1.69 | 1.63 | 2.89 |
| Cash Ratio | 6.44 | 6.44 | 5.15 | 4.38 | 3.22 | 3.35 | 2.21 | 2.13 | 1.02 | 0.95 | 2.17 |
| Asset Turnover | — | 0.75 | 0.73 | 1.25 | 1.04 | 1.26 | 1.53 | 2379.59 | 1.66 | 1.22 | 0.67 |
| Inventory Turnover | — | — | — | — | — | 70.85 | 106.83 | — | 83.50 | 31.13 | 11.63 |
| Days Sales Outstanding | — | 38.56 | 60.29 | 37.66 | 60.93 | 46.39 | 53.74 | 0.03 | 77.38 | 110.48 | 130.81 |
GRVY Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Gravity Co., Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 9.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 9.8% | 17003.7% | 19364.6% | 27311.7% | 29682.5% | 13931.3% | 4992.3% | 15343.5% | 10786.3% | 4057.1% | — |
| FCF Yield | 10.9% | 18912.4% | 16826.8% | 26197.6% | 34078.9% | 14781.7% | 5267.8% | 9245.5% | 11568.2% | 7332.7% | 8094.2% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M | $7M |
Peer Comparison
Compare GRVY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 GRVYYou | $455M | 10.2 | 5.4 | 9.1 | 35.0% | 14.2% | 11.2% | 15.5% | — |
 NCTY | $23M | -0.7 | — | — | 1.7% | -229.6% | -116.8% | -37.2% | — |
 GAME | $41M | -0.7 | — | — | 43.4% | -26.1% | -168.3% | -32.4% | — |
 NTES | $77B | 15.7 | 12.6 | 10.8 | 64.3% | 31.8% | 21.9% | 24.0% | 0.2 |
 BILI | $7B | 44.9 | 14.0 | 9.2 | 36.6% | 3.7% | 8.0% | 7.7% | 2.9 |
 EA | $51B | 57.6 | 40.1 | 21.8 | 79.0% | 15.4% | 13.5% | 14.7% | 1.2 |
 TTWO | $44B | -147.7 | 37.6 | 96.3 | 54.2% | -1.3% | -10.6% | -1.3% | 2.4 |
 RBLX | $37B | -33.5 | — | 27.3 | 78.1% | -25.2% | -365.0% | -87.7% | — |
 PLTK | $1B | -6.3 | 13.9 | 2.5 | 72.5% | 0.0% | — | 0.1% | 11.2 |
 GDEV | $230M | 3.4 | 2.2 | 7.9 | 65.0% | 17.6% | — | — | 0.0 |
 MSFT | $2.8T | 27.8 | 17.8 | 39.4 | 68.8% | 45.6% | 33.3% | 24.9% | 0.7 |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 24 years · Updated daily
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GRVY — Frequently Asked Questions
Quick answers to the most common questions about buying GRVY stock.
What is Gravity Co., Ltd.'s P/E ratio?
Gravity Co., Ltd.'s current P/E ratio is 10.2x. The historical average is 0.0x. This places it at the 100th percentile of its historical range.
What is Gravity Co., Ltd.'s EV/EBITDA?
Gravity Co., Ltd.'s current EV/EBITDA is 5.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 0.0x.
What is Gravity Co., Ltd.'s ROE?
Gravity Co., Ltd.'s return on equity (ROE) is 11.2%. The historical average is 17.6%.
Is GRVY stock overvalued?
Based on historical data, Gravity Co., Ltd. is trading at a P/E of 10.2x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Gravity Co., Ltd.'s profit margins?
Gravity Co., Ltd. has 35.0% gross margin and 14.2% operating margin. Operating margin between 10-20% is typical for established companies.