May 2026
đź“Ł VC round data is live. Check it out!
Largest Gaming - Console & PC Public Companies in South Korea
Benchmark revenue and EBITDA valuation multiples for public comps like
Krafton, PearlAbyss, Shift Up, DoubleUGames and NHN Entertainment.
 | Krafton Inc is a South Korea-based game developer and publisher engaged in creating and distributing PC, mobile, and console games. Its activities also extend to game software services, mobile app development, video content production, and related investment and consulting work. The company manages multiple studios, including PUBG Studio, Bluehole, RisingWings, Striking Distance Studios, Dreamotion, and Unknown Worlds, and is known for titles such as PUBG: Battlegrounds, New State Mobile, BGMI, Defense Derby, The Callisto Protocol, Ronin: The Last Samurai, Road to Valor, Moonbreaker, and Subnautica. | $179 | -28% | $8B | $6B | 2.7x | 7.6x | ||
| PearlAbyss Corp is a game development studio. Its game includes Black Desert Online. | $30 | +18% | $2B | $2B | 6.7x | 133.5x | ||
| Shift Up Corp is a game design and development studio that covers a wide range of areas from game production to promotional videos and music production, based on illustrations and solid planning and programming capabilities. | $19 | -43% | $1B | $728M | 3.6x | 4.6x | ||
| DoubleUGames Co Ltd is a Korea-based game development company. It offers multiple gaming products such as DoubleU casino game and DoubleU bingo game and others. The company also provides Wookie Casino, a social casino game, as well as bingo, and slot machines games. In addition, it distributes its products domestically and in international markets. | $46 | +34% | $883M | $252M | 0.5x | 1.5x | ||
| NHN Entertainment Corp is engaged in the business of electronic gaming and multimedia. Its primary activity is to develop and sells online and mobile game software such as web board, massively multiplayer online role-playing game, sports games, arcade games, puzzle games, among others. The company also manages affiliated companies in the fields of e-commerce and payment, game operation and support, security and technology, game development studio and operation. | $26 | +106% | $816M | ($108M) | (0.1x) | (0.6x) | ||
| Kakao Games Corp is engaged in the business of developing and publishing Mobile and PC games. | $7 | -35% | $625M | $710M | 2.2x | 195.7x | ||
| Wemade Co Ltd is a Korea-based company develops online and mobile game software. It offers online games such as ICARUS, Legend of Mir2, Legend of Mir3 and Chunryongki and it offers mobile game such as Wind runner, God's martial arts and Wind soul. The amazing library of games not only provides fun and enjoyment for customers in Korea but also all over the world. In addition, the group is also engaged in the publishing activities. | $14 | -23% | $459M | $312M | 0.7x | 7.6x | ||
| Neowiz is a South Korea-based company. It is engaged in game production and publishing game portal bell pepper service. The company provides online games, web board games, smartphone games, and neoply. | $14 | -21% | $271M | $71M | 0.2x | 1.4x | ||
| Webzen Inc is a South Korean technology company that develops and publishes online games and engages in software licensing and related services. Webzen offers free-to-play games and generates revenue through in-game virtual currency purchases. The company’s segments include personal computer online games, console games, mobile network games, and derived merchandising enterprises. The firm operates a service platform known as Webzen across North America, Europe, and South America. One of Webzen's notable games is MU Origin. | $7 | -22% | $214M | $54M | 0.5x | 1.9x | ||
| GOLFZON Co Ltd is a Korea-based company that manufactures golf simulators. The company operates its business through two segments: screen golf segment, which produces and distributes golf simulators through GOLFZON JAPAN and GOLFZON CHINA, and golf maintenance segment which installs and maintains golf simulators. The company distributes its products within domestic market and to overseas markets. GOLFZON VISION is the golf simulator for homes and businesses with 3D graphics technology. | $30 | -33% | $177M | $115M | 0.4x | 1.6x | ||
| Golfzon Holdings Co Ltd is a Korea-based company involved in the development of golf game software. The firm provides golf simulators which include GDR hardware and software, vision hardware and software and real hardware and software and swing talk technologies. The company mainly operates in China, Japan, Asia, Europe, Oceania, and North America. | $3 | -16% | $121M | $222M | 0.9x | 5.8x | ||
| T3 Entertainment Inc is a professional game developer with development technology for various game platforms such as PC games, mobile games, and console games. | $2 | +57% | $109M | $62M | 1.3x | 3.6x | ||
| JoyCity Corp develops and markets gaming products. It has developed games like Pirates of Caribbean: Tides of war; Oceans and Empires; Game of Dice; and Warship Battle. | $1 | +4% | $79M | $135M | 1.5x | 332.6x | ||
| Mgame Corp is engaged in the provision of online gaming services portal. It offers Internet board games, casual games, action games, roll playing games, multi-player games, first-person shooter games, musical games and sports games. | $3 | -8% | $61M | $14M | 0.2x | 0.8x | ||
| Actoz Soft Co Ltd is an entertainment company, operates in the online gaming industry in South Korea. The company's business includes online and mobile games and services. | $3 | -24% | $35M | ($92M) | (2.0x) | (3.2x) | ||
| Beno TNR Inc is engaged in interior architecture. The group provides energy-saving solutions for eco-friendly buildings. Its business includes the Construction business, the Robot business, and Benobio. The group generates the majority of its revenue from the Construction business. | $1 | -28% | $29M | $18M | 5.7x | (1.3x) | ||
| Playwith Korea Inc is a South Korean company operating in the electronic gaming and multimedia industry. The company is engaged as a fame developer and publisher. | $2 | -22% | $16M | $13M | 0.6x | 3.7x | ||
| Skonec Entertainment Co Ltd is a virtual reality and immersive content development technology. It has created various content and services using the 4th industrial element technologies such as 5G, VR, and AR. The company's businesses include the Metaverse VR game business, XR education and training project, and XR Future Business. | $0 | -93% | $5M | $463K | 0.1x | (0.0x) | ||
| ITOXI Corp, formerly YD Online Corp is engaged in offering mobile games and online games. Some of the games are Lookism, God of Highschool, Line Bleach and others. The game business generates revenue through a variety of channels, including user payments, events, and IAA advertising revenue, based on a freemium model. | $0 | -90% | $3M | $4M | 1.0x | (1.4x) | ||
| Median | $7 | -22% | $177M | $71M | 0.7x | 1.9x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
Recent Insights
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.