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

• Market Cap: ¥11.33B
• Dividend Yield: 2.43%
• Average Volume (3M): 74.44K
• Price to Earnings (P/E): 15.4
• Beta (1Y): 0.97
• Revenue Growth: 13.59%
• EPS Growth: 43.49%
• Country: JP
• Employees: 130
• Sector: Communication Services
• Sector Strength: 97
• Industry: Advertising Agencies
• EPS (TTM): 35.08
• Shares Outstanding: 7,975,800
• 10 Day Avg. Volume: 41,810
• 30 Day Avg. Volume: 74,440
• PEG Ratio: 0.13
• Price to Book (P/B): 2.32
• Price to Sales (P/S): 2.15
• P/FCF Ratio: 5.27
• 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: ¥1,540.00
• Price Target Upside: 7.02% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 64 Neutral
• Price Target: ¥1,540.00 ▲(7.02% Upside)

Rentracks Co., Ltd. demonstrates strong financial performance with robust profitability and cash flow management, which is the most significant factor in its overall score. The technical analysis suggests a bearish short-term trend, which slightly dampens the outlook. Valuation metrics indicate a fair valuation with a moderate dividend yield, supporting the stock's attractiveness. The absence of earnings call data and corporate events means these factors did not influence the score.

Rentracks Co., Ltd. Business Overview & Revenue Model

Company Description

Rentracks Co., Ltd. (6045) is a leading player in the digital marketing and technology sector, specializing in performance-based marketing solutions. The company operates primarily in the online advertising space, offering services that connect advertisers with publishers through affiliate marketing networks. Rentracks Co., Ltd. is focused on providing innovative tools and platforms that enhance the efficiency and effectiveness of online marketing campaigns, catering to a diverse clientele that includes various industries.

How the Company Makes Money

Rentracks Co., Ltd. generates revenue primarily through its performance-based marketing solutions, charging advertisers based on the results achieved, such as clicks, leads, or sales generated through their platforms. The company's key revenue streams include commissions earned from affiliate marketing transactions, subscription fees for access to their marketing tools and analytics, and advertising fees from businesses seeking to promote their products through the Rentracks network. Additionally, partnerships with various publishers and advertisers bolster their revenue, as these collaborations often lead to increased campaign effectiveness and broader market reach, further enhancing their earnings potential.

Rentracks Co., Ltd. Financial Statement Overview

Summary

Rentracks Co., Ltd. presents a solid financial footing with improving profitability, stable leverage, and efficient cash flow management. The company has managed to grow its top line while improving margins, reflecting strong operational execution. The balance sheet remains healthy with a balanced capital structure. Cash flows are strong, supporting both operations and strategic investments. While historical revenue volatility and increasing debt levels present challenges, the overall 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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.91B	3.86B	3.30B	3.30B	2.46B	12.35B
Gross Profit	2.72B	2.68B	2.29B	2.37B	1.91B	1.45B
EBITDA	1.27B	1.16B	620.07M	399.03M	794.58M	415.36M
Net Income	735.17M	668.38M	339.89M	198.66M	438.71M	218.90M
Balance Sheet
Total Assets	9.18B	10.65B	9.28B	8.38B	6.25B	5.09B
Cash, Cash Equivalents and Short-Term Investments	3.94B	6.11B	4.82B	3.20B	2.67B	2.62B
Total Debt	2.53B	3.74B	3.77B	2.69B	1.59B	1.22B
Total Liabilities	5.53B	7.07B	6.18B	5.57B	3.56B	2.84B
Stockholders Equity	3.65B	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: Negative
• Last Price: 1439.00
• 50DMA: Negative
• 100DMA: Positive
• 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:6045, the sentiment is Negative. The current price of 1439 is below the 20-day moving average (MA) of 1527.15, below the 50-day MA of 1487.63, and above the 200-day MA of 1121.89, indicating a neutral trend. The MACD of -19.94 indicates Positive momentum. The RSI at 42.70 is Neutral, neither overbought nor oversold. The STOCH value of 39.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	74 Outperform	¥5.25B	10.78	―	4.91%	5.94%	590.54%
6045	64 Neutral	¥11.33B	15.38	―	2.43%	13.59%	43.49%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
2156	60 Neutral	¥1.38B	28.82	―	1.78%	3.51%	―
2122	57 Neutral	¥8.14B	73.82	―	2.49%	11.99%	-125.90%
9235	41 Neutral	¥8.52B	―	―	―	107.15%	-30.89%
6573	41 Neutral	¥3.21B	―	―	―	62.77%	59.00%