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Air Busan Co., Ltd. (298690) Price & Analysis

298690 Stock Chart & Stats

₩1,431.00-₩20.00(-1.38%)
At close: 4:00 PM EDT
KRW 1,450KRW 1,500KRW 1,550KRW 1,6003 Aug18 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
KRW 1,431.00 - KRW 1,472.00
52-Week Range
KRW 1,400.00 - KRW 2,240.00
Previous Close
KRW 1,451.00
Volume
N/A
Average Volume (3M)
58.69K
Market Cap
KRW 233.05B
Enterprise Value
KRW 968.62B
Total Cash (Recent Filing)
KRW 69.85B
Total Debt (Recent Filing)
KRW 787.34B
Price to Earnings (P/E)
―
Beta
0.19
Next Earnings
Nov 12, 2026
EPS Estimate
N/A
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Revenue And EBITDA Base

Positive TTM revenue growth indicates that Air Busan continues to generate demand despite weaker profitability. Positive EBITDA also shows that the underlying operating platform still produces earnings before non-cash and financing items, providing a base for recovery if margins improve.

Positive Operating Cash Flow

Improving positive operating cash flow provides some internal funding for ongoing operations and supports near-term resilience. Although free cash flow is negative, the operating inflow demonstrates that the airline is still converting business activity into cash before investment spending.

Low-Cost Point-to-Point Model

Air Busan’s budget-carrier positioning and point-to-point focus provide a clearly defined operating model aimed at cost efficiency and travel demand. This structure can support disciplined service delivery and a focused competitive position across domestic and international routes.

Bears Say

Severe Profitability Deterioration

The shift from profitable operations in 2023–2024 to operating losses and a large net loss shows that current revenue is not translating into sustainable earnings. Thin gross margins leave little buffer against cost pressure, making profitability recovery important to long-term stability.

Very High Leverage

The sharp increase in debt-to-equity leaves Air Busan with a thin equity cushion relative to its obligations. High leverage raises refinancing and liquidity risk, reduces financial flexibility, and leaves the company more exposed if cyclical airline conditions weaken or losses persist.

Negative And Volatile Free Cash Flow

Negative TTM free cash flow means operating inflows are not covering the company’s spending needs, increasing reliance on existing liquidity or external funding. The reversal from strong free cash flow in 2023–2024 also indicates meaningful cash-generation volatility.

298690 FAQ

What was Air Busan Co., Ltd.’s price range in the past 12 months?
Air Busan Co., Ltd. lowest stock price was ₩1400.00 and its highest was ₩2240.00 in the past 12 months.
What is Air Busan Co., Ltd.’s market cap?
Air Busan Co., Ltd.’s market cap is ₩233.05B.
When is Air Busan Co., Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Air Busan Co., Ltd.’s earnings last quarter?
Air Busan Co., Ltd. released its earnings results on Jul 27, 2026. The company reported -₩379.211 earnings per share for the quarter.
Is Air Busan Co., Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Air Busan Co., Ltd. pay dividends?
Air Busan Co., Ltd. pays a ― dividend of ₩179.448 which represents an annual dividend yield of ―. See more information on Air Busan Co., Ltd. dividends here
What is Air Busan Co., Ltd.’s EPS estimate?
Air Busan Co., Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Air Busan Co., Ltd. have?
Air Busan Co., Ltd. has 162,914,870 shares outstanding.
What happened to Air Busan Co., Ltd.’s price movement after its last earnings report?
Air Busan Co., Ltd. reported an EPS of -₩379.211 in its last earnings report. Following the earnings report the stock price went up 0.202%.
Which hedge fund is a major shareholder of Air Busan Co., Ltd.?
Currently, no hedge funds are holding shares in KR:298690
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology