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

• Market Cap: ¥8.23B
• Dividend Yield: 2.17%
• Average Volume (3M): 25.55K
• Price to Earnings (P/E): 12.3
• Beta (1Y): 0.92
• Revenue Growth: 17.22%
• EPS Growth: 96.65%
• Country: JP
• Employees: 130
• Sector: Communication Services
• Sector Strength: 84
• Industry: Advertising Agencies
• EPS (TTM): 10.13
• Shares Outstanding: 7,975,800
• 10 Day Avg. Volume: 11,710
• 30 Day Avg. Volume: 25,546
• PEG Ratio: -0.57
• Price to Book (P/B): 2.18
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -16.02
• 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

• Rating: 77 Outperform
• Price Target: ¥1,202.00 ▲(13.40%Upside)

Rentracks Co., Ltd. scores well due to strong financial performance and bullish technical indicators. Attractive valuation further supports the stock's investment potential. While financial stability is reinforced by solid cash flow and profitable growth, attention to increasing debt levels is warranted. Technical analysis suggests continued positive momentum, enhancing the overall score.

Rentracks Co., Ltd. Business Overview & Revenue Model

Company Description

Rentracks Co., Ltd. (6045) is a leading digital marketing company headquartered in Japan. The company specializes in performance-based marketing, offering services that include affiliate marketing, digital advertising, and data analytics. Rentracks leverages advanced technology to support businesses in enhancing their online presence and driving customer acquisition through strategic marketing initiatives.

How the Company Makes Money

Rentracks Co., Ltd. generates revenue primarily through its performance-based marketing services. The company earns commissions by facilitating affiliate marketing programs, where it connects advertisers with publishers to promote products and services online. Revenue is generated when specific actions, such as clicks, leads, or sales, are completed through these affiliate links. Additionally, Rentracks offers digital advertising solutions and data analytics services, providing businesses with insights to optimize their marketing strategies. The company's income is further supported by partnerships with various online platforms and advertisers, enhancing its ability to deliver targeted and effective marketing campaigns.

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
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
3.73B	3.86B	3.30B	3.30B	2.46B	12.35B
	Gross Profit
2.65B	2.68B	2.29B	2.37B	1.91B	1.45B
	EBIT
1.19B	1.15B	652.48M	1.10B	793.82M	475.84M
	EBITDA
1.06B	1.16B	620.07M	399.03M	794.58M	415.36M
	Net Income Common Stockholders
313.43M	668.38M	339.89M	198.66M	438.71M	218.90M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
5.55B	6.11B	4.82B	3.20B	2.67B	2.62B
	Total Assets
9.96B	10.65B	9.28B	8.38B	6.25B	5.09B
	Total Debt
3.76B	3.74B	3.77B	2.69B	1.59B	1.22B
	Net Debt
-1.79B	-2.37B	-1.03B	-516.94M	-1.08B	-1.40B
	Total Liabilities
6.44B	7.07B	6.18B	5.57B	3.56B	2.84B
	Stockholders Equity
3.53B	3.58B	3.10B	2.81B	2.69B	2.25B
Cash Flow		Free Cash Flow
0.00	1.57B	619.55M	-383.06M	-91.81M	463.27M
	Operating Cash Flow
0.00	1.58B	626.07M	-298.55M	-84.57M	484.71M
	Investing Cash Flow
0.00	-87.55M	-27.26M	-178.20M	-55.94M	-31.89M
	Financing Cash Flow
0.00	-196.52M	915.25M	1.02B	282.12M	363.78M

Rentracks Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1060.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1060 is below the 20-day moving average (MA) of 1064.00, above the 50-day MA of 1038.08, and above the 200-day MA of 855.86, indicating a neutral trend. The MACD of 4.63 indicates Positive momentum. The RSI at 50.36 is Neutral, neither overbought nor oversold. The STOCH value of 15.46 is Positive, 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	80 Outperform	¥4.56B	13.37		5.14%	3.50%	190.77%
6045	77 Outperform	¥8.23B	12.28		2.17%	17.22%	96.65%
6573	63 Neutral	¥3.35B	―		―	58.20%	53.58%
Sector *	61 Neutral	$14.33B	5.90	-3.82%	8.01%	2.79%	-33.24%
2156	59 Neutral	¥1.54B	56.72		1.63%	2.28%	―
2122	57 Neutral	¥6.27B	73.82		3.24%	11.85%	-80.65%
9235	48 Neutral	¥12.32B	―		―	54.82%	-495.66%