Paradise Co., Ltd (034230) AI Stock Analysis

Paradise Co., Ltd

(Korea Exchange:034230)

Select Model

Rating:58Neutral

Price Target:$9,849.00▲(4.11% Upside)

Action:initiatedcoverage

Date:10/28/26

The score is driven primarily by mixed financial quality: solid revenue/profit recovery and improved leverage are offset by sharply weaker TTM cash conversion and negative free cash flow. Technicals further weigh on the rating with a clear downtrend across key moving averages and negative MACD. Valuation is a relative positive (P/E ~11 and a modest yield), but it is not enough to overcome cash-flow risk and bearish price action.

Positive Factors

Revenue ExpansionSustained revenue expansion indicates that Paradise is continuing to scale its casino, hospitality, and leisure platform after the post-2021 recovery. A larger revenue base can improve operating leverage, support reinvestment across integrated resorts, and strengthen the company’s ability to compound earnings over the next several quarters.

Negative Factors

Negative Free Cash FlowThe reversal to meaningfully negative free cash flow is a material pressure on financial flexibility, even though operating cash flow remains positive. If sustained, heavier capital spending or working-capital outflows could increase reliance on external funding and reduce resources available for growth, debt reduction, or shareholder returns.

Paradise Co., Ltd (034230) vs. SPDR S&P 500 ETF (SPY)

Market Cap: KRW 830.20B
Dividend Yield: 1.59%
Average Volume (3M): 358.85K
Price to Earnings (P/E): 11.1
Beta (1Y): 0.27
Revenue Growth: 8.38%
EPS Growth: -15.41%
Country: KR
Employees: 1,497
Sector: General
Sector Strength: 55
Industry: Gambling, Resorts & Casinos

Paradise Co., Ltd Business Overview & Revenue Model

Company Description

Paradise Co., Ltd. is a prominent enterprise primarily focused on casino operations, with a presence in South Korea, the United States, and Japan. Its business scope extends to managing several hotels, including Walkerhill, Maison Glad, and Paradise....

Paradise Co., Ltd Financial Statement Overview

Summary

Income statement is solid (revenue growth and sustained profitability post-2021) but recent TTM margin compression is a concern. Balance sheet leverage has improved and is below 1.0 debt-to-equity, yet total debt remains substantial and rose from 2025 to TTM. The biggest drag is cash flow: TTM free cash flow turned meaningfully negative and operating cash flow looks weak versus earnings, raising near-term funding and flexibility risk.

Income Statement

73Positive

Balance Sheet

64Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.19T	1.15T	1.07T	994.20B	587.64B	414.47B
Gross Profit	252.80B	258.98B	238.08B	233.95B	63.82B	-6.97B
EBITDA	222.15B	230.47B	251.80B	245.09B	191.85B	96.65B
Net Income	74.60B	94.36B	75.55B	62.56B	25.35B	-52.53B
Balance Sheet
Total Assets	4.21T	4.28T	3.93T	3.62T	3.67T	3.47T
Cash, Cash Equivalents and Short-Term Investments	709.32B	825.72B	809.39B	802.04B	631.29B	670.12B
Total Debt	1.33T	1.20T	1.25T	1.32T	1.41T	1.60T
Total Liabilities	1.96T	2.07T	1.86T	1.83T	1.98T	1.96T
Stockholders Equity	1.75T	1.72T	1.64T	1.41T	1.36T	1.23T
Cash Flow
Free Cash Flow	-160.29B	135.10B	145.71B	225.23B	46.00B	-53.39B
Operating Cash Flow	180.43B	223.86B	195.93B	287.64B	63.76B	-35.13B
Investing Cash Flow	-308.33B	-397.02B	-186.14B	-26.12B	509.08B	-73.65B
Financing Cash Flow	120.69B	-63.14B	-122.71B	-60.92B	-194.97B	74.55B

Paradise Co., Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price9460.00

Price Trends

50DMA9702.80Negative

100DMA10861.70Negative

200DMA13802.90Negative

Market Momentum

MACD-61.01Positive

RSI43.84Neutral

STOCH27.55Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For KR:034230, the sentiment is Negative. The current price of 9460.00 is below the 20-day moving average (MA) of 9621.00, below the 50-day MA of 9702.80, and below the 200-day MA of 13802.90, indicating a bearish trend. The MACD of -61.01 indicates Positive momentum. The RSI at 43.84 is Neutral, neither overbought nor oversold. The STOCH value of 27.55 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for KR:034230.

Paradise Co., Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

KR:034230 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KR:035250	73Outperform	KRW 2.77T	8.35	―	6.87%	1.83%	-2.04%
KR:114090	73Outperform	KRW 494.85B	10.50	―	5.17%	8.00%	5.65%
KR:034230	58Neutral	KRW 825.08B	11.08	―	1.59%	8.38%	-15.41%
KR:330590	56Neutral	KRW 1.20T	61.02	―	9.02%	12.84%	54.89%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
KR:032350	55Neutral	KRW 800.44B	12.88	―	―	38.67%	―
KR:070960	42Neutral	KRW 91.28B	-2.08	―	―	-44.63%	-399.63%

* General Sector Average

Performance Comparison

KR:034230 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
KR:034230	Paradise Co., Ltd	9460.00	-8749.40	-48.05%
KR:032350	Lotte Tour Development Co., Ltd.	10040.00	-8230.00	-45.05%
KR:035250	Kangwon Land, Inc.	13820.00	-2111.78	-13.26%
KR:070960	MONA YONGPYONG CORPORATION	1897.00	-1493.00	-44.04%
KR:114090	Grand Korea Leisure Co., Ltd.	8000.00	-6840.92	-46.10%
KR:330590	LOTTE REIT Co., Ltd.	4145.00	532.61	14.74%

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

Paradise Co., Ltd AI Stock Analysis