T'way Holdings, Inc. (004870) AI Stock Analysis

T'way Holdings, Inc.

(Korea Exchange:004870)

Select Model

Rating:47Neutral

Price Target:KRW 1,090.00▼(-18.90% Downside)

Action:initiatedcoverage

Date:10/28/26

The score is primarily held back by very weak and volatile financial performance (sharp TTM revenue decline and a very large net loss), only partly offset by improved leverage and a return to positive TTM free cash flow. Technicals are moderately supportive in the near term but still challenged over longer timeframes, and valuation is constrained by a negative P/E and no provided dividend yield.

Positive Factors

Manageable LeverageRecent leverage is relatively conservative, reducing balance-sheet pressure and leaving more financial flexibility than a highly indebted structure would provide. This supports the company’s ability to fund operations and absorb volatility, although the historical leverage record means the improvement should be monitored.

Negative Factors

Revenue ContractionDeclining revenue indicates weaker business activity and reduces the scale available to cover fixed costs and support investment. Continued contraction would make a durable recovery harder, limit operating leverage, and increase dependence on management successfully stabilizing the underlying business.

T'way Holdings, Inc. (004870) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 30.42B
Dividend Yield: ―
Average Volume (3M): 251.48K
Price to Earnings (P/E): -0.5
Beta (1Y): 0.27
Revenue Growth: -42.10%
EPS Growth: -11.37%
Country: KR
Employees: 13
Sector: General
Sector Strength: 55
Industry: Construction Materials

T'way Holdings, Inc. Business Overview & Revenue Model

Company Description

Tway Holdings Incorporation, a multifaceted enterprise established in 1945 and headquartered in Seoul, South Korea, operates across several distinct sectors. As a subsidiary of YeaRimDang Publishing Co., Ltd., the company's activities encompass the m...

T'way Holdings, Inc. Financial Statement Overview

Summary

Overall financial quality is below average: revenue is down ~20.8% TTM and profitability is extremely weak with a very large net loss (net margin roughly -1,497%). Positives include relatively conservative recent leverage (TTM debt-to-equity ~0.16) and a return to positive TTM operating/free cash flow (~164M/~154M), but cash flow durability is not yet proven and historical balance-sheet volatility is a risk.

Income Statement

22Negative

Balance Sheet

58Neutral

Cash Flow

35Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	3.98B	5.03B	5.24B	7.77B	11.47B	226.75B
Gross Profit	-249.80M	-1.10B	-2.09B	-14.19M	706.28M	-106.73B
EBITDA	19.06B	-3.60B	-24.40B	6.79B	30.65B	-55.47B
Net Income	-59.67B	-55.59B	-20.75B	4.56B	76.31B	-76.91B
Balance Sheet
Total Assets	75.28B	121.42B	187.68B	218.99B	210.72B	805.28B
Cash, Cash Equivalents and Short-Term Investments	2.34B	1.47B	1.39B	5.51B	4.28B	96.51B
Total Debt	9.95B	10.12B	7.75B	8.40B	4.84B	336.85B
Total Liabilities	14.80B	27.25B	38.68B	52.41B	45.99B	716.05B
Stockholders Equity	60.48B	94.18B	149.00B	166.58B	164.73B	53.70B
Cash Flow
Free Cash Flow	153.72M	-4.04B	-3.52B	-1.56B	-3.70B	28.70B
Operating Cash Flow	164.49M	-4.02B	-3.52B	-1.44B	-1.73B	32.32B
Investing Cash Flow	-415.76M	1.18B	4.99B	-2.10B	-155.89B	-29.27B
Financing Cash Flow	-499.99M	2.92B	-601.01M	2.78B	132.54B	-10.88B

T'way Holdings, Inc. Technical Analysis

Technical Analysis SentimentPositive

Last Price1344.00

Price Trends

50DMA1073.92Positive

100DMA1186.03Positive

200DMA1508.32Negative

Market Momentum

MACD43.39Negative

RSI80.72Negative

STOCH86.99Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:004870, the sentiment is Positive. The current price of 1344.00 is above the 20-day moving average (MA) of 1041.75, above the 50-day MA of 1073.92, and below the 200-day MA of 1508.32, indicating a neutral trend. The MACD of 43.39 indicates Negative momentum. The RSI at 80.72 is Negative, neither overbought nor oversold. The STOCH value of 86.99 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for KR:004870.

T'way Holdings, Inc. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:004870 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:003300	61Neutral	KRW 525.68B	9.63	―	5.87%	-9.64%	0.62%
KR:000910	59Neutral	KRW 39.58B	0.66	―	4.93%	-7.38%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:002030	53Neutral	KRW 325.99B	10.73	―	0.33%	-0.38%	-39.03%
KR:000480	49Neutral	KRW 170.62B	-6.21	―	9.13%	-1.58%	-219.43%
KR:004870	47Neutral	KRW 30.42B	-0.51	―	―	-42.10%	-11.37%
KR:001520	45Neutral	KRW 92.69B	7.86	―	―	-12.73%	―

* General Sector Average

Performance Comparison

KR:004870 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:004870	T'way Holdings, Inc.	1344.00	-1051.00	-43.88%
KR:000480	CR Holdings Co., LTD.	4135.00	-287.96	-6.51%
KR:000910	Union Corporation	2535.00	-1681.90	-39.88%
KR:001520	TONGYANG Incorporated	960.00	-712.00	-42.58%
KR:002030	Asia Holdings Co., Ltd.	189800.00	-160030.70	-45.75%
KR:003300	Hanil Holdings Co., Ltd.	17050.00	1994.13	13.24%

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

T'way Holdings, Inc. AI Stock Analysis