AirTrip (6191) AI Stock Analysis

• Market Cap: $21.74B
• Dividend Yield: 0.55%
• Average Volume (3M): 122.15K
• Price to Earnings (P/E): 10.1
• Beta (1Y): 0.97
• Revenue Growth: 7.20%
• EPS Growth: 87.54%
• Country: JP
• Employees: 396
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Travel Services
• EPS (TTM): 96.60
• Shares Outstanding: 22,393,465
• 10 Day Avg. Volume: 66,810
• 30 Day Avg. Volume: 122,153
• PEG Ratio: 1.34
• Price to Book (P/B): 1.56
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.91
• 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

AirTrip's stock score reflects its strong financial performance and stable cash flow, which are offset by mixed technical indicators and the inherent volatility of the travel industry. While valuation metrics suggest the stock is undervalued, the bearish technical outlook indicates caution. The company is well-positioned for growth but must navigate economic pressures and market conditions carefully.

AirTrip Business Overview & Revenue Model

Company Description

AirTrip Corp. engages in the online travel agency business in Japan. It offers business travel management and other services. The company also offers IT offshore development project services, such as lab-type offshore development and BPO services. In addition, it engages in investment business. The company was formerly known as Evolable Asia Corp. and changed its name to AirTrip Corp. in January 2020. AirTrip Corp. was founded in 2007 and is based in Tokyo, Japan.

How the Company Makes Money

AirTrip generates revenue through a diverse set of streams primarily centered around its travel service offerings. The company's core revenue comes from commissions on airline ticket sales and hotel reservations, where it acts as an intermediary between service providers and travelers. Additionally, AirTrip earns income from selling package tours and other travel-related services, such as travel insurance and car rentals. The company also benefits from partnerships with airlines, hotels, and other travel service providers, which may offer promotional incentives and commissions. Furthermore, AirTrip's online platform allows for cost-effective service delivery and access to a wider customer base, contributing to its revenue growth.

AirTrip Financial Statement Overview

Summary

AirTrip exhibits a solid financial standing with strong revenue growth, effective cost control, and a robust cash flow situation. The balance sheet reflects a stable financial foundation with moderate leverage and solid equity. However, the travel industry’s cyclical nature could influence future performance. The company is well-positioned to capitalize on current growth trends, yet must remain vigilant to external economic pressures.

Income Statement

AirTrip shows a robust financial performance in its TTM (Trailing-Twelve-Months) data. The company has maintained a healthy gross profit margin of approximately 57.9% and a net profit margin of 8.1%. Revenue growth is strong, with a 13.5% increase from 2023 to 2024, indicating a positive trajectory. The EBIT and EBITDA margins are strong at 11.6% and 13.7% respectively, showcasing efficient operational management. However, the travel industry is susceptible to economic fluctuations, which can impact future profitability.

Balance Sheet

The balance sheet of AirTrip reflects solid financial stability. With a debt-to-equity ratio of 0.30, the company has a conservative leverage position, enhancing its financial flexibility. The return on equity (ROE) is commendable at 15.7%, indicating effective use of equity to generate profits. The equity ratio stands at 49.2%, showcasing a balanced capital structure. However, the industry’s inherent volatility could pose risks to maintaining these ratios in the long term.

Cash Flow

AirTrip demonstrates strong cash flow management. The free cash flow growth rate is significant, moving from 1.25 billion to 3.616 billion, an impressive increase of 189.3%. The operating cash flow to net income ratio of 1.76 indicates robust operational efficiency. Meanwhile, the free cash flow to net income ratio is 1.67, showing effective cash conversion. Nevertheless, travel services demand fluctuates, which could impact future cash flows.

Breakdown
TTM	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020
Income Statement		Total Revenue
26.53B	26.57B	23.39B	13.59B	17.52B	21.24B
	Gross Profit
15.38B	15.53B	13.53B	7.58B	7.61B	7.50B
	EBIT
3.07B	2.37B	2.02B	2.24B	3.14B	-8.58B
	EBITDA
3.64B	3.11B	2.70B	1.80B	3.27B	-7.45B
	Net Income Common Stockholders
2.16B	2.01B	1.27B	1.71B	2.37B	-9.27B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
15.17B	15.72B	12.45B	14.99B	13.62B	11.40B
	Total Assets
27.95B	28.80B	30.59B	24.14B	21.37B	21.94B
	Total Debt
5.38B	4.32B	5.65B	7.53B	9.67B	14.32B
	Net Debt
-3.06B	-5.32B	-6.80B	-1.43B	897.00M	7.27B
	Total Liabilities
14.53B	14.07B	17.30B	14.23B	13.24B	19.40B
	Stockholders Equity
12.43B	13.73B	12.34B	9.19B	7.47B	1.98B
Cash Flow		Free Cash Flow
3.62B	1.25B	3.21B	2.12B	3.07B	-1.38B
	Operating Cash Flow
3.80B	2.27B	4.12B	2.81B	3.63B	-559.00M
	Investing Cash Flow
-1.32B	-3.63B	-583.00M	-952.00M	-1.72B	256.00M
	Financing Cash Flow
-1.39B	-1.40B	-121.00M	-1.78B	-253.00M	-1.64B

AirTrip Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 973.00
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6191, the sentiment is Neutral. The current price of 973 is above the 20-day moving average (MA) of 914.90, above the 50-day MA of 966.74, and below the 200-day MA of 1117.07, indicating a neutral trend. The MACD of -0.61 indicates Negative momentum. The RSI at 57.12 is Neutral, neither overbought nor oversold. The STOCH value of 83.76 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JP:6191.

AirTrip Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
9722	76 Outperform	¥110.03B	12.10		0.43%	14.07%	-0.42%
6191	70 Outperform	$21.74B	10.05	16.02%	0.55%	7.20%	87.54%
9376	67 Neutral	¥1.83B	13.08		2.82%	37.12%	―
9726	67 Neutral	¥33.47B	4.63		―	3.76%	-15.66%
Sector *	61 Neutral	$6.68B	11.75	3.01%	3.94%	2.61%	-21.96%

AirTrip Corporate Events

AirTrip Corp. Reports Mixed Financial Results with Rising Net Income

AirTrip Corp. reported its consolidated financial results for the three months ending December 31, 2024, revealing a slight decline in revenue but significant improvements in net income and profit before tax compared to the previous year. Despite a decrease in operating profit, the company achieved a 47.6% increase in quarterly net income, demonstrating improved profitability. However, the forecast for the fiscal year ending September 30, 2025, anticipates a decline in operating income and profit attributable to owners of the parent, indicating potential challenges ahead.

AirTrip Corp. Initiates Third Stage with Growth Strategy

AirTrip Corp. has reported a 1Q operating income of 0.65 billion yen for FY25.9, marking the beginning of its third stage of development titled ‘AirTrip To the Next Stage.’ This stage follows the ‘Re-Start’ phase and emphasizes growth through strategic diversification and investment in its business portfolio. The company’s growth strategy, ‘AirTrip 2025,’ aims to counteract the slowdown in its online travel business by bolstering the CXO Community Business, which is expected to support future profits.

AirTrip Corp. Reports Mixed Financial Results for Q4 2024

AirTrip Corp. announced its financial results for the three months ended December 31, 2024, reporting a slight decline in revenue to 6,360 million yen. The company’s operating profit decreased significantly by 33.3%, while the profit before tax increased by 17.2%, and quarterly net income saw a substantial rise of 47.6%. The financial forecast for the fiscal year ending September 30, 2025, indicates expected growth in net sales but a significant drop in operating income and profit attributable to owners of the parent, reflecting potential challenges in maintaining profitability amid market fluctuations.