Stocktoria

GRAVITY Co., Ltd. GRVY

Nasdaq · stock · Services-Computer Processing & Data Preparation · website · IPO 2005-02-08

GRAVITY Co., Ltd. (GRVY) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the safe zone. It does not currently pay a dividend. FY2016 revenue was $42.7M at a 0.5% net margin.

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68/100
Stocktoria Quality Score · grade B
7/9
Piotroski F — financial health
2.72
Altman Z″ — distress risk · safe
Dividend yield · no dividend
-2.3
Beneish M-score — earnings quality · low

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 4 4 7 2013201420152016
Altman Z″
5.73 4.69 1.03 2.72 2013201420152016

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$70.42 as of 2026-08-12 · +10% 1y
$57.46$70.4252-wk

Beneish M-score: -2.3 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Net margin 5y avg-31.9%
Return on equity 5y avg-27.7%
Beta1.01
Employees437
Revenue trend · last 5y · down

How it ranks in Services · percentile among 982 companies

Piotroski Fstronger than 88%
Net marginstronger than 53%
Return on equitystronger than 50%
Revenue growthstronger than 92%

Percentile vs other Services companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 7/9 tests passed

Altman Z″ components · safe zone

ComponentValue
Working capital / assets0.593
Retained earnings / assets-0.879
EBIT / assets0.062
Equity / liabilities1.221

Sector peers · similar-size Services companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
GRVYGRAVITY Co., Ltd.7/92.72+40%
DTGIDigerati Technologies, Inc.2/9+30.9%
QBTSD-Wave Quantum Inc.5/916.11
FCCNSPECTRAL CAPITAL Corp3/9409.6
WKEYWisekey International Holding S.A.4/911.9+62.4%
NXTTNext Technology Holding Inc.4/913.410.6
ONFOOnfolio Holdings, Inc4/9-9.76

All Services companies →

About GRAVITY Co., Ltd.

Gravity Co., Ltd. develops and publishes online and mobile games worldwide. It offers massively multiplayer online role-playing games, including Ragnarok Online, Dragonica, Requiem Online, R.O.S.E. Online, Ragnarok Online II, and Ragnarok Landverse, as well as character-based merchandise and animation. Its mobile games portfolio includes Ragnarok M; Eternal Love; Ragnarok Origin; Ragnarok X: Next Generation; Ragnarok Arena; WITH ISLAND; the Labyrinth of Ragnarok; Ragnarok Poring; Tera Classic; NBA: Rise To Stardom; Generation Zombie; Ragnarok Idle Adventure; Ragnarok 20 Heroes; White Chord; WITH: Whale In The High; Ragnarok Lost Memories; and Paladog Tactics. It 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; Pigromance for Steam, Stove, Nintendo Switch, Xbox One, Xbox Series X|S; ALTF4 11 for Steam and Stove; Wetory for Steam, Stove, Nintedo Switch; and GRANDIA HD Collection for Nintendo Switch. In addition, it offers games for IPTV, including Haunted House and Pororo: The Little Penguin, and Kongsuni; and markets dolls, stationery, food, and other character-based merchandise, as well as game manuals, monthly magazines, and other publications; PC games, including Puzzle, Platformer, ALTF4 II, Ragnarok ZERO, KAMiBAKO-Mythology of Cube, Psychodemic, and FINAL KNIGHT; social network games and mobile games, such as Ragnarok V: Returns, Ragnarok: The Lost Memories and Ragnrok Begins in-house; and web-browser-based games, such as Ragnarok Prequel and Ragnarok Prequel II. Further, the company provides system development and maintenance services, as well as system integration services to third parties. The company was incorporated in 2000 and is headquartered in Seoul, South Korea. Gravity Co., Ltd. is a subsidiary of GungHo Online Entertainment, Inc.

FAQ

Is GRVY financially healthy?

GRAVITY Co., Ltd.'s Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the safe zone.

Does GRVY pay a dividend?

No, GRAVITY Co., Ltd. does not currently pay a dividend.

How profitable is GRVY?

In FY2016, GRAVITY Co., Ltd. had a net margin of 0.5% and a return on equity of 0.8%.

Is GRVY a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on GRAVITY Co., Ltd.: a Piotroski F-score of 7/9, an Altman Z″ in the safe zone. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2016-12-31. Facts plus Stocktoria's own computed scores — not investment advice.