1. South Korea Stocks

  2. •

    Consumer Cyclical

  3. •

    Gambling, Resorts & Casinos
Paradise Co., Ltd.

Paradise Co., Ltd.

034230.KS
Paradise Co., Ltd.KR flagKorea Exchange
12,760.00
KRW
-650.00
- -
1.12TMarket Cap
Paradise Co., Ltd.
034230.KS
(Korea Exchange)

Recent

price

12,760.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6,904.38
4,815.66
6,660.68
7,966.31
8,286
7,206.41
8,155.38
7,824.98
9,242.51
11,476.99
5,313.5
4,844.13
6,861.92
11,521.93
12,416.31
13,246.64
13,338.83
Revenue per Share
518
419.4
960
1,297
1,181
764
647
-222
-247
177
-1,383
-614
296
725
875
1,087
915.94
Basic EPS, GAAP
723.93
600.82
1,035.33
1,703.2
683.16
-3,477.54
-4,483.37
-4,144.17
-1,935.97
826.87
-1,929.67
-608.33
537.12
2,610.21
1,687.5
1,532.04
-1,574.89
Free Cash Flow per Basic Share
199.83
249.63
149.75
200.03
430.31
500.83
374.92
299.34
99.96
99.82
99.72
- -
- -
- -
100
149.23
- -
Dividend per Share
5,172.09
6,804.84
7,567.71
8,660.65
8,997.84
8,819.49
9,084.06
8,517.21
7,823.43
7,824.95
6,644.68
6,272.36
6,679.04
7,176.03
7,831.56
8,639.87
9,020.65
Book Value per Share
6,858.43
6,964.58
9,058.61
8,976.89
12,153.17
11,788.52
12,024.9
11,756.89
15,840.21
15,715.81
14,387.52
15,618.53
17,676.26
18,778.91
22,150.92
23,627.71
23,674.87
Tangible Book Value per Share
78
78
78
78
82
85
85
85
85
85
85
86
86
86
86
87
87
Basic Weighted Avg Shares
535,868
373,999
518,514
621,527
676,155
615,357
694,856
668,042
787,616
979,433
453,881
414,466
587,637
994,199
1,072,109
1,149,867
1,160,529
Sales/Revenue/Turnover
8.72
14.36
17.31
21.28
11.69
9.48
9.58
-4.48
0.31
5.3
-18.98
-13.33
1.77
14.66
12.69
13.55
11.71
Operating Margin (%)
14,385
8,631
13,341
17,566
22,424
27,568
32,421
60,148
72,093
110,750
101,546
98,038
94,766
82,998
78,113
74,659
76,110
Depreciation Expense
40,203
32,572
74,733
101,191
96,372
65,238
55,126
-18,953
-21,049
15,105
-118,136
-52,534
25,349
62,558
75,553
94,356
79,690
Net Income, GAAP
24.16
50.71
25.03
24.75
11.43
30.03
23.63
- -
- -
56.53
- -
- -
47.53
12.37
- -
- -
50.1
Effective Tax Rate (%)
7.5
8.71
14.41
16.28
14.25
10.6
7.93
-2.84
-2.67
1.54
-26.03
-12.68
4.31
6.29
7.05
8.21
6.87
Profit Margin (%)
32,852
156,098
131,681
130,122
370,315
458,510
202,033
92,027
-94,223
-100,221
159,049
214,889
-479,576
172,133
195,778
129,599
-47,568
Working Capital
14,299
3,468
6,290
11,838
23,092
394,851
636,462
821,565
897,406
1,023,490
1,327,749
1,268,509
429,830
908,456
885,925
796,472
812,086
LT Debt
526,957
560,223
727,971
889,646
1,178,204
1,286,515
1,309,666
1,293,339
1,626,092
1,604,203
1,433,550
1,514,440
1,685,167
1,785,465
2,075,203
2,212,696
2,224,322
Total Equity
5.36
4.19
9.47
10.92
6.02
2.66
2.71
- -
- -
0.81
- -
- -
0.18
4.13
- -
- -
- -
Return on Invested Capital (%)
7.2
5.52
11.03
11.48
9.47
4.98
3.45
- -
- -
2.11
- -
- -
2.97
4.63
- -
- -
7.81
Return on Capital (%)
10.33
7.01
13.37
16
13.67
8.77
7.22
-2.53
-3.02
2.26
-19.13
-9.51
4.57
10.5
11.66
13.23
10.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
288,295
406,534
507,111
LT Borrowings
721,839
634,999
646,198
LT Finance Leases
165,725
161,474
165,888
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
88
88
- -
Market Capitalization
1,826,281
1,432,462
1,400,761

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
799,256
885,049
761,151
Cash, Cash Equivalents & STI
742,736
825,715
688,307
Accounts Receivable, Net
25,045
29,015
23,415
Inventories
8,213
8,493
7,205
Total Current Liabilities
579,684
755,450
808,720
Payables & Accruals
- -
- -
- -
ST Debt
288,295
406,534
507,111
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6%
9.14%
6.63%
Free Cash Flow
-41.97%
17.76%
-8.73%
Net Income, GAAP
-120.4%
-2.27%
24.89%
Sales/Revenue/Turnover
11.5%
23.48%
7.25%
Total Cash Common Dividend
- -
- -
50.02%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
264,770
273,264
268,245
265,830
1,072,109
2025
283,305
284,461
288,247
293,854
1,149,867
2026
293,966
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
300
168
114
- -
875
2025
361
241.76
264.58
- -
1,087
2026
188
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
100
2025
- -
- -
- -
- -
149.23
2026
- -
- -
- -
- -
- -
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Business
Paradise Co., Ltd. (034230.KS) operates foreigner-only casinos in South Korea, the United States, and Japan, offering table games including blackjack, baccarat, roulette, and tai-sai at properties such as Paradise Walkerhill Casino in Seoul's Grand Walkerhill Seoul hotel, Paradise Casino Busan, Paradise Casino Jeju, and its controlling stake in the Paradise City integrated resort in Incheon through Paradise Sega Sammy Co. Ltd. joint venture with Sega Sammy Holdings; the company also engages in real estate rentals and recreational services linked to its hospitality facilities including Maison Glad and Paradise hotels. Founded in 1972 and headquartered in Seoul, South Korea, Paradise Co. serves international tourists primarily from Japan and Southeast Asia across its four-casino network in key tourist hubs. In recent developments, the company reported a 7.5% year-on-year revenue increase to KRW288.2 billion in Q3 2025 driven by record hold at Paradise City and strong performance at its wholly-owned casinos, alongside an 11.6% rise in November 2025 casino revenue to approximately $55 million led by table games; it pledged 5.8% of its shares in Paradise Sega Sammy as collateral for a KRW100 billion bank loan in December 2025, continues disposition of the West Wing at Grand Hyatt Incheon while delaying acquisition, and posted nine-month 2025 net income of KRW75 billion versus KRW50.3 billion prior year.