GRVY (GRAVITY Co) Scaled Net Operating Assets: 0.07 (As of Mar. 2026)


GRVY GRAVITY Co Ltd GRVY
75 GF Score
Price $65.87
GF Value $63.68
Valuation Fairly Valued
! 2 Warning Signs
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What is GRAVITY Co Scaled Net Operating Assets?

GRAVITY Co GRVY +0.60% 75 Scaled Net Operating Assets is 0.07 as of Mar. 2026. GuruFocus rates GRVY with a GF Score™ of 75/100 and a GF Value™ of $63.68 (Fairly Valued). The stock has 2 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

GRAVITY Co's operating assets for the quarter that ended in Mar. 2026 was $118.3 Mil. GRAVITY Co's operating liabilities for the quarter that ended in Mar. 2026 was $80.4 Mil. GRAVITY Co's Total Assets for the quarter that ended in Dec. 2025 was $506.8 Mil. Therefore, GRAVITY Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.07.


GRAVITY Co Scaled Net Operating Assets Historical Data

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The historical data trend for GRAVITY Co's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

GRAVITY Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.03 -0.00 0.01 0.02

GRAVITY Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.01 0.02 0.01 0.02 0.08

GRVY vs DDI, SOHU, GDEV: Scaled Net Operating Assets Comparison

For the Electronic Gaming & Multimedia subindustry, GRAVITY Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GRAVITY Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where GRAVITY Co's Scaled Net Operating Assets falls into.


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

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

GRAVITY Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(81.684-71.857)/476.709
=0.02

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=506.814 - 425.13
=81.684

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=71.857 - 0 - 0
=71.857

GRAVITY Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(118.289-80.385)/506.814
=0.07

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=531.91 - 413.621
=118.289

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=80.385 - 0 - 0
=80.385

* 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.

What does a Scaled Net Operating Assets of 0.07 mean?
GRAVITY Co (GRVY) has a Scaled Net Operating Assets of 0.07 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on GRAVITY Co and its competitors.
Is GRAVITY Co's Scaled Net Operating Assets too high?
GRAVITY Co's current Scaled Net Operating Assets is 0.07. 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 Scaled Net Operating Assets compare to DDI and SOHU?
GRAVITY Co's Scaled Net Operating Assets of 0.07 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 Scaled Net Operating Assets for an Interactive Media company?
A good Scaled Net Operating Assets depends on the Interactive Media industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on GRAVITY Co and its competitors. GRAVITY Co's current Scaled Net Operating Assets is 0.07. 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 $63.68, compared to a current price of $65.87 — trading 3.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.07. GRAVITY Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For GRAVITY Co (GRVY), the current Scaled Net Operating Assets is 0.07 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 $65.87 is trading 3.4% above its estimated GF Value™ of $63.68. GuruFocus considers GRAVITY Co to be Fairly Valued.

Key valuation signals for GRVY:

  • Scaled Net Operating Assets: 0.07
  • GF Value™: $63.68 vs. price of $65.87 (3.4% above fair value)
  • GF Score™: 75/100 with 2 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

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

$65.87
Price
$63.68
GF Value