AirTrip (6191) AI Stock Analysis

• Market Cap: ¥16.43B
• Dividend Yield: 1.34%
• Average Volume (3M): 117.81K
• Price to Earnings (P/E): 9.2
• Beta (1Y): 0.85
• Revenue Growth: 5.77%
• EPS Growth: -11.65%
• Country: US
• Employees: 396
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Services
• EPS (TTM): 9.67
• Shares Outstanding: 22,441,166
• 10 Day Avg. Volume: 178,390
• 30 Day Avg. Volume: 117,813
• PEG Ratio: -1.37
• Price to Book (P/B): 1.43
• Price to Sales (P/S): 0.78
• P/FCF Ratio: 5.99
• 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: 64 Neutral
• Price Target: ¥783.00 ▼(-1.39% Downside)

AirTrip's overall score is driven by a strong financial foundation and attractive valuation. However, bearish technical indicators and challenges in revenue growth and profitability weigh on the score. The absence of recent earnings call data and corporate events limits additional insights.

Positive Factors

Cash Generation Ability

Strong cash generation indicates AirTrip's ability to efficiently convert income into cash, supporting operational needs and potential investments.

Balance Sheet Health

A conservative leverage strategy with a low debt-to-equity ratio enhances financial stability and reduces risk, supporting long-term sustainability.

Operational Efficiency

Improved margins suggest enhanced operational efficiency, which can lead to better profitability and competitive positioning in the long term.

Negative Factors

Revenue Growth Challenges

Negative revenue growth highlights challenges in expanding market share and customer base, potentially impacting future profitability and market position.

Profitability Issues

Decreasing net profit margins indicate difficulties in maintaining profitability, which could affect financial performance and shareholder returns over time.

Return on Equity Decline

A declining return on equity suggests that the company is less effective in generating profits from shareholders' investments, potentially impacting investor confidence.

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 Corp generates revenue primarily through commissions and service fees from travel bookings made through its online platform. The company earns a commission on each booking made for flights, hotels, and vacation packages. Additionally, it offers various ancillary services like travel insurance and car rentals, which contribute to its revenue. The company may also engage in strategic partnerships with airlines, hotels, and other travel service providers to enhance its offerings and expand its market reach. Furthermore, advertising and promotional partnerships on its platform can serve as additional revenue streams.

AirTrip Financial Statement Overview

Summary

AirTrip shows a solid financial foundation with strong cash flow generation and a conservative balance sheet. However, challenges in revenue growth and profitability are evident, with declining net profit margins and revenue contraction.

Income Statement

AirTrip's income statement shows a mixed performance. The company has a strong gross profit margin of 57.53% for the latest year, indicating efficient cost management. However, the net profit margin has decreased to 6.56%, reflecting challenges in converting revenue into profit. Revenue growth has been negative at -35.9%, suggesting significant top-line pressure, possibly due to industry challenges. Despite these issues, EBIT and EBITDA margins have improved, indicating better operational efficiency.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.30, indicating a conservative leverage strategy. The equity ratio stands at 47.28%, showing a strong equity base relative to total assets. However, the return on equity has decreased over the years, currently at 12.02%, suggesting a need for improved profitability to enhance shareholder returns.

Cash Flow

AirTrip's cash flow statement highlights a robust free cash flow growth of 37.26%, indicating strong cash generation capabilities. The operating cash flow to net income ratio is 2.06, suggesting efficient conversion of income into cash. The free cash flow to net income ratio is high at 96.62%, underscoring the company's ability to generate cash relative to its net income.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	28.02B	28.02B	26.57B	23.39B	13.59B	17.52B
Gross Profit	16.12B	16.12B	15.53B	13.53B	7.58B	7.61B
EBITDA	3.88B	3.88B	3.11B	2.70B	2.72B	4.05B
Net Income	1.84B	1.84B	2.01B	1.27B	1.71B	2.37B
Balance Sheet
Total Assets	32.37B	32.37B	28.80B	30.59B	24.14B	21.37B
Cash, Cash Equivalents and Short-Term Investments	12.11B	12.11B	15.72B	12.45B	8.95B	8.77B
Total Debt	4.60B	4.60B	4.32B	5.65B	7.53B	9.67B
Total Liabilities	15.80B	15.80B	14.07B	17.30B	14.23B	13.24B
Stockholders Equity	15.30B	15.30B	13.73B	12.34B	9.19B	7.47B
Cash Flow
Free Cash Flow	2.37B	3.66B	1.25B	3.21B	2.12B	3.07B
Operating Cash Flow	3.85B	3.79B	2.27B	4.12B	2.81B	3.63B
Investing Cash Flow	-1.33B	-1.33B	-3.63B	-583.00M	-952.00M	-1.72B
Financing Cash Flow	-812.00M	-812.00M	-1.40B	-121.00M	-1.78B	-253.00M

AirTrip Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 794.00
• 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:6191, the sentiment is Negative. The current price of 794 is above the 20-day moving average (MA) of 765.25, above the 50-day MA of 751.82, and below the 200-day MA of 878.94, indicating a bearish trend. The MACD of -2.91 indicates Positive momentum. The RSI at 37.68 is Neutral, neither overbought nor oversold. The STOCH value of 23.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6191.

AirTrip Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
6191	64 Neutral	¥16.43B	9.21	12.02%	1.34%	5.77%	-11.65%
6561	63 Neutral	¥11.26B	6.64	―	3.16%	8.41%	20.97%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
6030	46 Neutral	¥13.48B	-6.55	―	1.18%	9.72%	-335.09%
7048	46 Neutral	¥6.77B	-3,031.83	―	―	10.87%	98.92%
6548	39 Underperform	¥3.07B	-4.23	―	―	51.63%	-141.13%
6577	39 Underperform	¥3.02B	-95.06	―	0.91%	-8.75%	-111.94%

AirTrip Corporate Events

AirTrip Revises FY2025 IFRS Results Over Revenue and Investment Accounting Errors

AirTrip Corp. announced that it has partially corrected its previously disclosed consolidated financial results for the fiscal year ending September 2025, originally released on November 14, 2025, citing errors in the accounting treatment of a portion of its revenue and in certain accounting estimates such as investment profit or loss. As a result, the company is revising multiple elements of its IFRS-based consolidated financial statements, including the statement of financial position, income statement, comprehensive income, changes in equity, cash flows and segment information, a move that may affect investors’ assessment of its recent profitability and financial position and underscores tighter scrutiny of its revenue recognition and investment accounting practices.

The most recent analyst rating on (JP:6191) stock is a Hold with a Yen783.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Reports Strong Financial Performance for FY 2025

AirTrip Corp. reported its consolidated financial results for the fiscal year ending September 2025, showing a 5.5% increase in revenue to 28,024 million yen. The company experienced significant growth in operating profit and profit before tax, with increases of 33.4% and 61.7% respectively, despite a slight decline in profit attributable to owners of the parent. The financial position of the company improved with total assets increasing to 32,367 million yen and cash and cash equivalents rising to 12,112 million yen. These results highlight AirTrip’s strengthened financial performance and stability, positioning it favorably in the travel industry.

The most recent analyst rating on (JP:6191) stock is a Buy with a Yen1033.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Achieves Record High Profits Amid Strategic Expansion

AirTrip Corp. announced a record high full-year operating income of 4.66 billion yen for FY25.9, driven by its investment business despite a slowdown in its online travel segment. The company has expanded its business portfolio with eight mergers and acquisitions and capital/business alliances, aiming to support future profits through its growing CXO Community Business.

The most recent analyst rating on (JP:6191) stock is a Buy with a Yen1033.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.