DIGITAL PLUS, Inc. (3691) AI Stock Analysis

• Market Cap: ¥6.32B
• Dividend Yield: N/A
• Average Volume (3M): 65.64K
• Price to Earnings (P/E): 141.1
• Beta (1Y): 0.73
• Revenue Growth: 11.29%
• EPS Growth: -358.08%
• Country: JP
• Employees: 33
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 2.45
• Shares Outstanding: 4,459,567
• 10 Day Avg. Volume: 51,650
• 30 Day Avg. Volume: 65,643
• PEG Ratio: 0.19
• Price to Book (P/B): 6.35
• Price to Sales (P/S): 5.74
• P/FCF Ratio: -11.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: ¥1,249.00 ▼(-9.69% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held down primarily by weak financial quality—ongoing losses, sharply negative operating/free cash flow, and rising leverage—despite solid revenue growth and high gross margins. Technicals also point to a weak downtrend (price below key moving averages, negative MACD), while valuation is a further headwind due to a very high P/E and no dividend support.

Positive Factors

Revenue Growth

Sustained top-line growth of ~10% indicates persistent demand and product-market fit in core offerings. Over 2–6 months this trend supports predictable revenue run-rate, helps absorb fixed costs, and provides a basis for scaling sales and marketing without immediate reliance on external funding.

Negative Factors

Severe Cash Burn

Material negative operating and free cash flows indicate the business is consuming significant liquidity. Over a 2–6 month horizon this raises funding risk, may force dilutive capital raises or costly borrowing, and constrains the company's ability to invest in growth or weather demand volatility without external support.

DIGITAL PLUS, Inc. Business Overview & Revenue Model

Company Description

DIGITAL PLUS, Inc. engages in the digital marketing and fintech businesses in Japan. The company offers internet advertising agency, consulting services, alliance media services, digital wallet exchange services, and media management consulting se...

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DIGITAL PLUS, Inc. engages in the digital marketing and fintech businesses in Japan. The company offers internet advertising agency, consulting services, alliance media services, digital wallet exchange services, and media management consulting se...

DIGITAL PLUS, Inc. Financial Statement Overview

Breakdown	TTM	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021
Income Statement
Total Revenue	1.03B	933.13M	838.50M	665.46M	623.88M	303.22M
Gross Profit	781.23M	697.87M	674.07M	475.41M	571.79M	228.06M
EBITDA	50.65M	-484.00K	37.83M	-148.37M	101.03M	-64.05M
Net Income	-48.30M	-71.25M	21.17M	-277.02M	-201.92M	33.39M
Balance Sheet
Total Assets	3.49B	3.33B	2.34B	1.69B	1.62B	1.30B
Cash, Cash Equivalents and Short-Term Investments	840.66M	1.11B	801.22M	444.77M	921.17M	601.74M
Total Debt	1.42B	1.36B	781.74M	478.52M	279.94M	237.98M
Total Liabilities	2.55B	2.41B	1.52B	1.16B	835.37M	457.15M
Stockholders Equity	860.15M	843.18M	720.28M	490.33M	781.91M	840.96M
Cash Flow
Free Cash Flow	-629.92M	-458.38M	-17.45M	-229.62M	69.16M	83.16M
Operating Cash Flow	-620.34M	-445.13M	-17.13M	-229.19M	71.01M	83.16M
Investing Cash Flow	58.99M	46.66M	-167.40M	-381.60M	169.13M	-482.90M
Financing Cash Flow	814.83M	709.84M	540.54M	131.82M	279.29M	-84.58M

DIGITAL PLUS, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1383.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3691, the sentiment is Negative. The current price of 1383 is below the 20-day moving average (MA) of 1508.85, below the 50-day MA of 1566.94, and above the 200-day MA of 1349.15, indicating a neutral trend. The MACD of -48.37 indicates Positive momentum. The RSI at 44.14 is Neutral, neither overbought nor oversold. The STOCH value of 25.40 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:3691.

DIGITAL PLUS, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6180	74 Outperform	¥7.39B	15.62	―	3.29%	7.47%	55.61%
3922	71 Outperform	¥28.29B	12.43	―	0.38%	18.02%	46.43%
6185	64 Neutral	¥5.79B	24.73	―	―	8.77%	―
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
6562	60 Neutral	¥11.56B	10.90	―	―	33.34%	-25.08%
2489	57 Neutral	¥10.91B	40.80	―	1.09%	-5.70%	-215.73%
3691	42 Neutral	¥6.32B	141.08	―	―	11.29%	-358.08%