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Muhak Co., Ltd. (033920) AI Stock Analysis
Muhak Co., Ltd.
(Korea Exchange:033920)
The score is driven primarily by mixed financial performance: strong margins and a conservative balance sheet are offset by a sharp TTM revenue decline and weak cash generation (negative free cash flow). Technicals add pressure with a broadly negative trend (below major moving averages and negative MACD). Valuation is a key support, with a low P/E and very high dividend yield, but sustainability depends on stabilizing revenue and restoring consistent positive free cash flow.
Muhak Co., Ltd. (033920) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- KRW 198.30B
- Dividend Yield
- 11.84%
- Average Volume (3M)
- 19.95K
- Price to Earnings (P/E)
- 5.8
- Beta (1Y)
- 0.17
- Revenue Growth
- -5.60%
- EPS Growth
- -31.20%
- Country
- KR
- Employees
- 199
- Sector
- General
- Sector Strength
- 55
- Industry
- Beverages - Alcoholic
Muhak Co., Ltd. Business Overview & Revenue Model
Company Description
Muhak Co., Ltd. operates as a producer and distributor of various alcoholic beverages across South Korea. Its product offerings include diluted shochu, a range of fruit-based spirits, and sweet liqueurs. The company, which was founded in 1929, has it...
Muhak Co., Ltd. Financial Statement Overview
Summary
Mixed fundamentals. Profitability remains solid (gross margin ~44%, net margin ~24%), and the balance sheet is conservatively leveraged (debt-to-equity ~0.17). However, revenue has fallen sharply in the latest TTM (~-59% YoY), earnings have cooled versus 2023–2025, and cash flow quality is weak with negative free cash flow in TTM (~-4.2B) and low cash conversion despite positive operating cash flow.
Income Statement
58NeutralBalance Sheet
78PositiveCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 141.29B | 143.83B | 152.06B | 146.57B | 152.83B | 126.93B |
| Gross Profit | 61.77B | 64.33B | 67.28B | 60.11B | 66.93B | 45.77B |
| EBITDA | 34.36B | 25.88B | 81.39B | 101.30B | 4.74B | 4.26B |
| Net Income | 33.53B | 50.32B | 48.42B | 65.43B | -13.20B | -14.65B |
Balance Sheet | ||||||
| Total Assets | 782.51B | 719.92B | 680.45B | 639.33B | 605.74B | 646.64B |
| Cash, Cash Equivalents and Short-Term Investments | 22.35B | 366.94B | 252.13B | 353.20B | 31.83B | 24.36B |
| Total Debt | 107.57B | 52.39B | 43.43B | 36.14B | 51.21B | 72.27B |
| Total Liabilities | 160.31B | 106.52B | 108.80B | 99.69B | 125.18B | 148.10B |
| Stockholders Equity | 622.19B | 613.40B | 571.65B | 539.64B | 480.56B | 498.54B |
Cash Flow | ||||||
| Free Cash Flow | -4.17B | -3.38B | 5.90B | 4.26B | 19.92B | 35.89B |
| Operating Cash Flow | 7.45B | 6.28B | 21.59B | 14.57B | 28.14B | 47.62B |
| Investing Cash Flow | -38.39B | 112.95B | 208.97B | 11.70B | 8.31B | -114.30B |
| Financing Cash Flow | 25.99B | -4.04B | -13.09B | -21.34B | -27.90B | 51.67B |
Muhak Co., Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:033920, the sentiment is Negative. The current price of 7230.00 is below the 20-day moving average (MA) of 7248.00, below the 50-day MA of 7430.79, and below the 200-day MA of 7834.53, indicating a bearish trend. The MACD of -53.19 indicates Negative momentum. The RSI at 44.17 is Neutral, neither overbought nor oversold. The STOCH value of 66.28 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:033920.
Muhak Co., Ltd. Peers Comparison
Overall Rating
KR:33977063Neutral- KR:03392059Neutral
KR:00008058Neutral
KR:00089053Neutral
KR:00014044Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| KR:339770 | 63Neutral | KRW 183.37B | 12.23 | ― | 11.17% | 3.56% | 37.63% |
| KR:033920 | 59Neutral | KRW 191.50B | 5.81 | ― | 11.84% | -5.60% | -31.20% |
| KR:000080 | 58Neutral | KRW 1.10T | 23.46 | ― | 4.39% | -4.80% | -51.20% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| KR:000890 | 53Neutral | KRW 31.85B | 12.01 | ― | ― | 12.05% | -51.26% |
| KR:000140 | 44Neutral | KRW 164.38B | 10.39 | ― | 4.67% | -4.77% | -102.31% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| KR:033920 | Muhak Co., Ltd. | 7230.00 | -335.51 | -4.43% | |
| KR:000080 | HITEJINRO CO LTD | 15940.00 | -2117.02 | -11.72% | |
| KR:000140 | HITEJINRO HOLDINGS CO., LTD | 7500.00 | -1710.06 | -18.57% | |
| KR:000890 | Bohae Brewery Co., Ltd. | 1155.00 | -975.00 | -45.77% | |
| KR:043650 | Kook Soon Dang Co., Ltd. | 3380.00 | -670.67 | -16.56% | |
| KR:339770 | Kyochon Food&Beverage Co., Ltd. | 3670.00 | -114.01 | -3.01% |
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