MRT Inc. (6034) AI Stock Analysis

• Market Cap: ¥3.48B
• Dividend Yield: N/A
• Average Volume (3M): 6.11K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.04
• Revenue Growth: 1.51%
• EPS Growth: -13.66%
• Country: JP
• Employees: 304
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Healthcare Information Services
• EPS (TTM): 0.23
• Shares Outstanding: 5,718,600
• 10 Day Avg. Volume: 13,250
• 30 Day Avg. Volume: 6,110
• PEG Ratio: 0.07
• Price to Book (P/B): 0.82
• Price to Sales (P/S): 0.88
• P/FCF Ratio: 7.98
• 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: 45 Neutral
• Price Target: ¥624.00 ▼(-0.95% Downside)

The overall stock score of 45 reflects MRT Inc.'s mixed financial performance, with strong revenue growth and cash flow improvements but significant profitability challenges. Technical analysis indicates bearish momentum, and valuation metrics are unattractive due to a negative P/E ratio and lack of dividend yield.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, supporting long-term business expansion.

Cash Flow Management

Strong cash flow management enhances financial flexibility, enabling strategic investments and operational stability.

Low Leverage

Low leverage reduces financial risk and interest obligations, providing a stable foundation for future growth initiatives.

Negative Factors

Profitability Challenges

Ongoing profitability issues may hinder reinvestment capabilities and affect long-term financial health.

Negative Return on Equity

Negative ROE indicates inefficient use of equity capital, potentially impacting investor confidence and future capital raising.

Volatile Cash Flow

Cash flow volatility can lead to uncertainty in funding operations and investments, affecting long-term strategic planning.

MRT Inc. Business Overview & Revenue Model

Company Description

MRT Inc. operates a medical information platform. The company provides temporary and part-time doctor services; doctor's career change support service; Door., an app to connect network of doctors; Door.into, which provides online health counseling, and online medical care; Pocket Doctor, a telemedicine/health consultation app; groupware for medical offices; FASTCALL that consolidates the functions required for hospital crisis management system as safety confirmation service for medical institution; and Good Doctors, which provides owned media sent by doctors. It also offers nurse and pharmacist recruitment service; human resources introduction service for clinical laboratory engineers, radiologists, and dialysis nurses, as well as for new business openings and succession projects; and recruitment information service for exclusive industrial physicians and contract industrial physicians. In addition, the company engages in employment agency business, opening of business, business succession support business, and PR business, and career support business. Further, it offers services for supporting the operation of medical institutions, such as fund management, utilizing medical fee factoring, payroll calculation for doctors' part-time jobs, and payroll transfer agency services. Additionally, the company sells human umbilical cord-derived stem cell culture supernatant; and provides babysitter services, tax accountant referral service, credit card payment agency service, questionnaire survey request for pharmaceuticals, etc., as well as media coverage cooperation, lecture request, event rescue, etc. It also publishes books on illness and treatment; and offers health maintenance service and member comprehensive compensation systems. The company was formerly known as Medical Research and Technology Co., Ltd and changed its name to MRT Inc. in September 2014. MRT Inc. was incorporated in 2000 and is headquartered in Tokyo, Japan.

How the Company Makes Money

MRT Inc. generates revenue through multiple streams, primarily by selling its advanced manufacturing equipment and related services to businesses in various sectors. Key revenue streams include direct sales of machinery, maintenance and support contracts, and consulting services that assist clients in optimizing their manufacturing processes. Additionally, MRT Inc. benefits from strategic partnerships with other technology firms and suppliers, allowing it to enhance its product offerings and expand its market reach. The company also invests in research and development to innovate new products that meet evolving industry needs, contributing to sustained revenue growth.

MRT Inc. Financial Statement Overview

Summary

MRT Inc. shows strong revenue growth and efficient cost management, as evidenced by a gross profit margin of 64.3%. However, profitability is a concern with negative net income and EBIT margins. The balance sheet is stable with low leverage, and recent improvements in cash flow are promising.

Income Statement

MRT Inc. shows a mixed performance in its income statement. The TTM data indicates a revenue growth rate of 11.5%, which is a positive sign. However, the company is currently experiencing negative net profit margins (-6.2%) and EBIT margins (-1.9%), reflecting challenges in profitability. The gross profit margin remains strong at 64.3%, indicating efficient cost management. Historical data shows fluctuating revenue growth and profitability, with significant declines in revenue and profitability in recent years.

Balance Sheet

The balance sheet of MRT Inc. presents a stable financial structure with a low debt-to-equity ratio of 0.15 in the TTM period, indicating low leverage. However, the return on equity is negative (-6.0%), reflecting current profitability challenges. The equity ratio is not explicitly calculated but appears stable given the low leverage. Historical data shows a decrease in debt levels and a consistent equity base, which is a positive sign for financial stability.

Cash Flow

MRT Inc. demonstrates strong cash flow management with a significant free cash flow growth rate of 101.2% in the TTM period. The operating cash flow to net income ratio is 0.22, indicating some challenges in converting income to cash. However, the free cash flow to net income ratio is high at 0.93, suggesting effective cash generation relative to net income. Historical cash flow data shows volatility, but recent improvements are noteworthy.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.28B	4.17B	5.41B	8.74B	4.47B	2.56B
Gross Profit	2.72B	2.74B	3.27B	5.60B	3.55B	1.76B
EBITDA	308.35M	139.00M	1.10B	3.16B	1.45B	420.18M
Net Income	-168.75M	-309.16M	517.00M	2.16B	774.49M	131.81M
Balance Sheet
Total Assets	6.32B	6.75B	6.47B	8.16B	4.98B	3.31B
Cash, Cash Equivalents and Short-Term Investments	1.83B	2.62B	3.78B	4.90B	1.03B	1.59B
Total Debt	598.18M	1.05B	641.00M	875.86M	1.04B	1.11B
Total Liabilities	1.80B	2.12B	1.76B	3.67B	2.69B	1.75B
Stockholders Equity	4.41B	4.52B	4.58B	4.39B	2.22B	1.52B
Cash Flow
Free Cash Flow	431.78M	462.00M	-208.00M	4.43B	-405.64M	183.97M
Operating Cash Flow	445.19M	503.04M	-193.00M	4.51B	-298.89M	294.97M
Investing Cash Flow	-2.32B	-1.84B	-243.61M	-431.11M	-206.51M	-64.61M
Financing Cash Flow	-197.96M	161.77M	-669.19M	-203.98M	-67.49M	-397.41M

MRT Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 630.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6034, the sentiment is Negative. The current price of 630 is below the 20-day moving average (MA) of 641.50, below the 50-day MA of 641.26, and below the 200-day MA of 684.88, indicating a bearish trend. The MACD of -1.83 indicates Positive momentum. The RSI at 39.91 is Neutral, neither overbought nor oversold. The STOCH value of 21.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6034.

MRT Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6545	74 Outperform	¥3.73B	14.94	―	1.87%	6.68%	2.86%
3671	67 Neutral	¥8.20B	12.05	―	8.09%	32.95%	45.22%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%
3902	49 Neutral	¥65.87B	-152.73	―	0.39%	6.17%	-8918.66%
4438	48 Neutral	¥2.40B	-3.45	―	―	16.19%	-4.42%
6034	45 Neutral	¥3.48B	-19.95	―	―	1.51%	-13.66%
3628	40 Underperform	¥6.52B	-2.42	―	―	-4.07%	-88.89%