Gravity Co., Ltd. (GRVY): A Bull Case Theory

We came across a bullish thesis on Gravity Co., Ltd. (GRVY) on Value Degen’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on GRVY. Gravity Co., Ltd.'s share was trading at $67.33 as of Oct 17^th. GRVY’s trailing P/E was 7.10 according to Yahoo Finance.

Gravity Co. (GRVY), a South Korea-based game designer, focuses on mobile games primarily launched in China and Southeast Asia. As a Level III ADR, GRVY meets the highest disclosure and compliance standards, enabling it to raise more capital in the U.S. if needed.

With a market...