Rentracks Co., Ltd. (6045) AI Stock Analysis

• Market Cap: ¥10.18B
• Dividend Yield: 1.8%
• Average Volume (3M): 22.54K
• Price to Earnings (P/E): 15.2
• Beta (1Y): 0.94
• Revenue Growth: 17.22%
• EPS Growth: 96.65%
• Country: JP
• Employees: 130
• Sector: Communication Services
• Sector Strength: 93
• Industry: Advertising Agencies
• EPS (TTM): 10.13
• Shares Outstanding: 7,975,800
• 10 Day Avg. Volume: 28,180
• 30 Day Avg. Volume: 22,540
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• 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: ¥1,339.00
• Price Target Upside: 3.64% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 77 Outperform
• Price Target: ¥1,339.00 ▲(3.64% Upside)

The stock is supported by strong technical indicators, showing bullish momentum above all major moving averages, which significantly boosts its attractiveness. Financial performance is solid with improving profitability and cash flow management, although historical revenue volatility and rising debt levels are concerns. The valuation is fair, with a reasonable P/E ratio and modest dividend yield. Earnings call and corporate events data were not provided, so these factors were not considered.

Rentracks Co., Ltd. Business Overview & Revenue Model

Company Description

Rentracks Co., Ltd. (6045) is a Japanese company operating in the digital marketing and advertising sector. It specializes in affiliate marketing services, offering a platform that connects advertisers with affiliate partners to promote products and services online. The company's core products and services include performance-based marketing solutions, leveraging technology to optimize marketing campaigns and drive measurable results for its clients.

How the Company Makes Money

Rentracks Co., Ltd. generates revenue primarily through its affiliate marketing platform, where it earns commissions by connecting advertisers with affiliates who promote their products. The company charges advertisers based on the performance of the marketing campaigns, typically using cost-per-action (CPA) or cost-per-click (CPC) models. Additionally, Rentracks may have partnerships with various online platforms and networks to expand its reach and enhance its service offerings. The company's ability to effectively match advertisers with high-performing affiliates and optimize campaign performance contributes significantly to its earnings.

Rentracks Co., Ltd. Financial Statement Overview

Summary

Rentracks Co., Ltd. demonstrates strong financial performance with solid revenue growth, improved profit margins, and efficient cash flow management. Despite some historical revenue volatility and increasing debt levels, the company's financial health remains positive.

Income Statement

Rentracks Co., Ltd. has shown robust revenue growth with a significant increase from 2020 to 2025. The gross profit margin improved, reaching 69.27% in 2025, indicating strong cost management. The net profit margin also improved to 17.30% in 2025, signaling enhanced profitability. EBIT and EBITDA margins have increased, reflecting efficient operations. However, the revenue dip in 2021 highlights volatility in revenue streams.

Balance Sheet

The company's balance sheet reflects a solid equity base with an equity ratio of 33.60% in 2025, indicating financial stability. The debt-to-equity ratio is 1.05, suggesting a balanced leverage. Return on Equity (ROE) improved to 18.68% in 2025, showcasing effective use of equity to generate profits. However, the increasing total debt from 2020 to 2025 could pose potential risks if not managed cautiously.

Cash Flow

Rentracks Co., Ltd. has demonstrated strong cash flow management, with positive free cash flow growth showcasing operational efficiency. The operating cash flow to net income ratio is substantial, indicating healthy cash generation relative to profits. The free cash flow to net income ratio is also strong, supporting its ability to fund operations and investments without relying heavily on external financing. Nonetheless, some fluctuations in operating cash flow in earlier years warrant attention.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.86B	3.30B	3.30B	2.46B	12.35B
Gross Profit	2.68B	2.29B	2.37B	1.91B	1.45B
EBITDA	1.16B	620.07M	399.03M	794.58M	415.36M
Net Income	668.38M	339.89M	198.66M	438.71M	218.90M
Balance Sheet
Total Assets	10.65B	9.28B	8.38B	6.25B	5.09B
Cash, Cash Equivalents and Short-Term Investments	6.11B	4.82B	3.20B	2.67B	2.62B
Total Debt	3.74B	3.77B	2.69B	1.59B	1.22B
Total Liabilities	7.07B	6.18B	5.57B	3.56B	2.84B
Stockholders Equity	3.58B	3.10B	2.81B	2.69B	2.25B
Cash Flow
Free Cash Flow	1.57B	619.55M	-383.06M	-91.81M	463.27M
Operating Cash Flow	1.58B	626.07M	-298.55M	-84.57M	484.71M
Investing Cash Flow	-87.55M	-27.26M	-178.20M	-55.94M	-31.89M
Financing Cash Flow	-196.52M	915.25M	1.02B	282.12M	363.78M

Rentracks Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1292.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6045, the sentiment is Positive. The current price of 1292 is above the 20-day moving average (MA) of 1218.55, above the 50-day MA of 1125.82, and above the 200-day MA of 941.51, indicating a bullish trend. The MACD of 54.10 indicates Negative momentum. The RSI at 70.02 is Negative, neither overbought nor oversold. The STOCH value of 52.73 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6045.

Rentracks Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2411	79 Outperform	¥5.12B	11.58		4.58%	5.98%	421.55%
6045	77 Outperform	¥10.18B	15.19		1.80%	17.22%	96.65%
2156	60 Neutral	¥1.50B	31.17		1.68%	3.51%	―
2122	57 Neutral	¥6.29B	73.82		3.22%	11.99%	-125.90%
Sector *	56 Neutral	HK$65.29B	0.35	-5.00%	5.27%	-0.87%	-13.95%
6573	50 Neutral	¥4.19B	―		―	58.20%	53.58%
9235	39 Underperform	¥10.44B	―		―	54.82%	-495.66%