GRVY (GRAVITY Co) EBIT: $65.0 Mil (TTM As of Mar. 2026)


GRVY GRAVITY Co Ltd GRVY
75 GF Score
Price $67.29
GF Value $63.65
Valuation Fairly Valued
! 4 Warning Signs
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What is GRAVITY Co EBIT?

GRAVITY Co GRVY +0.70% 75 EBIT is $65.0 Mil as of Mar. 2026. GuruFocus rates GRVY with a GF Score™ of 75/100 and a GF Value™ of $63.65 (Fairly Valued). The stock has 4 warning signs investors should review.

GRAVITY Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $27.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $65.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. GRAVITY Co's annualized ROC % for the quarter that ended in Mar. 2026 was 117.53%. GRAVITY Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,544.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. GRAVITY Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 119.50%.


GRAVITY Co  (NAS:GRVY) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

GRAVITY Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=82.736 * ( 1 - 23.31% )/( (47.339 + 60.638)/ 2 )
=63.4502384/53.9885
=117.53 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

GRAVITY Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=109.228/( ( (7.35 + max(-15.961, 0)) + (6.791 + max(-2.256, 0)) )/ 2 )
=109.228/( ( 7.35 + 6.791 )/ 2 )
=109.228/7.0705
=1,544.84 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(38.433 + 0 + 11.14) - (48.324 + 14.673 + 2.537)
=-15.961

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(56.313 + 0 + 15.811) - (57.778 + 13.998 + 2.604)
=-2.256

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

GRAVITY Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=65.008/54.398
=119.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


GRAVITY Co EBIT Related Terms


GRAVITY Co EBIT Historical Data

* Premium members only.

The historical data trend for GRAVITY Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GRAVITY Co EBIT Chart

GRAVITY Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.97 85.04 129.46 73.95 62.25

GRAVITY Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.31 16.36 15.28 6.07 27.31

GRVY vs SOHU, DDI, GDEV: EBIT Comparison

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GRAVITY Co EV-to-EBIT vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where GRAVITY Co's EV-to-EBIT falls into.


GRVY
75GF Score
GRAVITY Co Ltd GRVY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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GRAVITY Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $65.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $65.0 Mil mean?
GRAVITY Co (GRVY) has a EBIT of $65.0 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GRAVITY Co.
Is GRAVITY Co's EBIT too high?
GRAVITY Co's current EBIT is $65.0 Mil. Overall, GRAVITY Co has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GRAVITY Co's EBIT compare to SOHU and DDI?
GRAVITY Co's EBIT of $65.0 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Interactive Media company?
A good EBIT depends on the Interactive Media industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on GRAVITY Co. GRAVITY Co's current EBIT is $65.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRAVITY Co stock overvalued right now?
Based on GuruFocus' analysis, GRAVITY Co (GRVY) is currently considered Fairly Valued. The stock's GF Value™ is $63.65, compared to a current price of $67.29 — trading 5.7% above its estimated fair value. The current EBIT is $65.0 Mil. GRAVITY Co's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For GRAVITY Co (GRVY), the current EBIT is $65.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GRAVITY Co (GRVY) Overvalued in 2026?

Based on GuruFocus' analysis, GRAVITY Co stock appears to be overvalued. The current stock price of $67.29 is trading 5.7% above its estimated GF Value™ of $63.65. GuruFocus considers GRAVITY Co to be Fairly Valued.

Key valuation signals for GRVY:

  • EBIT: $65.0 Mil
  • GF Value™: $63.65 vs. price of $67.29 (5.7% above fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the GRVY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GRAVITY Co Business Description

Other Exchanges GD8A:Germany
Address 15th Floor, 396 World Cup buk-ro, Mapo-gu, Seoul, KOR, 03925
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.
75GF Score

Get the complete analysis for GRVY

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$67.29
Price
$63.65
GF Value