TS Corporation (001790) AI Stock Analysis

TS Corporation

(Korea Exchange:001790)

Select Model

Rating:47Neutral

Price Target:KRW 2,689.00▼(-2.22% Downside)

Action:initiatedcoverage

Date:10/28/26

The score is held down primarily by weak financial performance (TTM losses and negative operating profit despite stable gross margin) and bearish technical momentum (price below key moving averages with negative MACD). An attractive dividend yield and improved TTM free cash flow provide partial support but do not offset the current profitability and trend challenges.

Positive Factors

Positive cash generationCurrent operating and free cash flow provide internally generated funding for investment, debt service, and shareholder returns despite reported losses. The sharp rebound from negative 2025 cash flow indicates improved working-capital discipline or lower cash costs, although continued consistency remains important.

Negative Factors

Sustained profitability deteriorationThe shift from several profitable years to losses in 2025 and the TTM period signals a material deterioration in earnings power. Negative operating profit means the core business is not currently covering operating costs, limiting reinvestment capacity and weakening the durability of shareholder returns.

TS Corporation (001790) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 232.85B
Dividend Yield: 4.44%
Average Volume (3M): 135.25K
Price to Earnings (P/E): -2.9
Beta (1Y): -0.04
Revenue Growth: -4.51%
EPS Growth: -281.80%
Country: KR
Employees: 320
Sector: General
Sector Strength: 55
Industry: Food Confectioners

TS Corporation Business Overview & Revenue Model

Company Description

TS Corporation is a South Korean enterprise primarily focused on the food sector. Its operations encompass the production and supply of a diverse range of food products, including sugar, various foodstuffs, ingredients, additives, dairy items, raw ma...

TS Corporation Financial Statement Overview

Summary

Overall fundamentals are mixed but pressured: profitability has weakened materially with TTM net loss (about -6.3% net margin) and negative operating profit after prior profitable years (2021–2024). Revenue is flat to slightly down while gross margin is steady (~11%), implying costs below gross profit are driving losses. Balance sheet leverage is moderate (debt-to-equity ~0.75) but ROE is negative. Cash flow is a bright spot with positive TTM operating cash flow (~70.5B) and free cash flow (~62.3B), though recent 2025 cash flow weakness raises consistency risk.

Income Statement

38Negative

Balance Sheet

56Neutral

Cash Flow

63Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.33T	1.36T	1.37T	1.33T	1.38T	1.26T
Gross Profit	151.20B	154.22B	135.10B	136.32B	131.64B	135.89B
EBITDA	76.57B	68.82B	66.50B	72.10B	61.68B	53.60B
Net Income	-83.64B	-60.25B	20.49B	32.57B	25.54B	20.17B
Balance Sheet
Total Assets	1.23T	1.26T	1.23T	1.19T	1.22T	1.18T
Cash, Cash Equivalents and Short-Term Investments	278.36B	326.69B	265.80B	214.96B	225.29B	170.60B
Total Debt	367.69B	404.62B	424.48B	395.79B	439.11B	426.28B
Total Liabilities	733.14B	771.33B	674.39B	630.80B	681.75B	671.09B
Stockholders Equity	493.11B	482.43B	558.28B	554.34B	537.50B	510.95B
Cash Flow
Free Cash Flow	62.32B	-17.75B	41.06B	30.39B	3.63B	-22.42B
Operating Cash Flow	70.46B	-8.60B	50.35B	40.03B	11.40B	-11.84B
Investing Cash Flow	31.79B	-43.81B	-16.76B	1.32B	77.07B	21.27B
Financing Cash Flow	-84.50B	-41.15B	-3.05B	-58.61B	2.46B	1.82B

TS Corporation Technical Analysis

Technical Analysis SentimentNegative

Last Price2750.00

Price Trends

50DMA2812.60Negative

100DMA2689.75Positive

200DMA2756.98Negative

Market Momentum

MACD-25.83Positive

RSI39.90Neutral

STOCH57.61Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:001790, the sentiment is Negative. The current price of 2750.00 is below the 20-day moving average (MA) of 2752.50, below the 50-day MA of 2812.60, and below the 200-day MA of 2756.98, indicating a bearish trend. The MACD of -25.83 indicates Positive momentum. The RSI at 39.90 is Neutral, neither overbought nor oversold. The STOCH value of 57.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:001790.

TS Corporation Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:001790 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:003200	74Outperform	KRW 236.46B	4.77	―	3.86%	2.98%	83.05%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:002710	47Neutral	KRW 265.28B	-15.29	―	0.69%	10.70%	-210.56%
KR:001790	47Neutral	KRW 223.53B	-2.95	―	4.44%	-4.51%	-281.80%
KR:084010	46Neutral	KRW 243.65B	53.87	―	4.74%	5.81%	-140.22%
KR:003070	45Neutral	KRW 216.52B	-1.50	―	6.08%	-3.72%	-1033.89%
KR:001340	42Neutral	KRW 191.42B	55.02	―	0.69%	10.12%	21.77%

* General Sector Average

Performance Comparison

KR:001790 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:001790	TS Corporation	2700.00	75.51	2.88%
KR:001340	PKC Co., Ltd.	4325.00	-1792.57	-29.30%
KR:002710	TCC Steel Corp.	10120.00	-8104.91	-44.47%
KR:003070	Kolon Global Corp	8220.00	-147.69	-1.76%
KR:003200	Ilshin Spinning Co., Ltd	10360.00	-1112.60	-9.70%
KR:084010	Daehan Steel Co., Ltd	8450.00	-114.32	-1.33%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 28, 2026

TS Corporation AI Stock Analysis