AirTrip (6191) AI Stock Analysis

• Market Cap: $21.75B
• Dividend Yield: 1.02%
• Average Volume (3M): 171.83K
• Price to Earnings (P/E): 18.2
• Beta (1Y): 0.89
• Revenue Growth: 12.03%
• EPS Growth: -34.91%
• Country: JP
• Employees: 396
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Services
• EPS (TTM): 23.09
• Shares Outstanding: 22,399,765
• 10 Day Avg. Volume: 111,790
• 30 Day Avg. Volume: 171,826
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.76
• Enterprise Value/Revenue: 0.58
• Enterprise Value/Gross Profit: 1.03
• Enterprise Value/Ebitda: 3.86
• 1Y Price Target: $1,086.60
• Price Target Upside: 10.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 72 Outperform
• Price Target: ¥1,094.00 ▲(11.63% Upside)

AirTrip's overall stock score is driven by its strong financial performance, characterized by robust revenue growth and effective cash flow management. The technical analysis indicates moderate strength, with mixed signals from moving averages and momentum indicators. Valuation metrics suggest the stock is fairly valued, with a reasonable P/E ratio and a modest dividend yield. The absence of recent earnings call insights or notable corporate events limits additional context.

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 exhibits strong financial performance with robust revenue growth, effective cost control, and a solid cash flow situation. The company's balance sheet reflects financial stability with moderate leverage and solid equity. However, the travel industry's cyclical nature could influence future performance.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	28.13B	26.57B	23.39B	13.59B	17.52B	21.24B
Gross Profit	16.02B	15.53B	13.53B	7.58B	7.61B	7.50B
EBITDA	4.25B	3.11B	2.70B	2.72B	4.05B	-7.45B
Net Income	1.20B	2.01B	1.27B	1.71B	2.37B	-8.69B
Balance Sheet
Total Assets	31.53B	28.80B	30.59B	24.14B	21.37B	21.94B
Cash, Cash Equivalents and Short-Term Investments	11.18B	15.72B	12.45B	8.95B	8.77B	7.04B
Total Debt	4.04B	4.32B	5.65B	7.53B	9.67B	14.32B
Total Liabilities	15.38B	14.07B	17.30B	14.23B	13.24B	19.40B
Stockholders Equity	15.03B	13.73B	12.34B	9.19B	7.47B	1.98B
Cash Flow
Free Cash Flow	2.67B	1.25B	3.21B	2.12B	3.07B	-1.38B
Operating Cash Flow	4.16B	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	-991.00M	-1.40B	-121.00M	-1.78B	-253.00M	-1.64B

AirTrip Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 980.00
• 50DMA: Positive
• 100DMA: Positive
• 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 Neutral. The current price of 980 is below the 20-day moving average (MA) of 994.40, above the 50-day MA of 966.06, and below the 200-day MA of 1009.60, indicating a neutral trend. The MACD of 2.20 indicates Positive momentum. The RSI at 50.15 is Neutral, neither overbought nor oversold. The STOCH value of 31.25 is Neutral, 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
6191	72 Outperform	$21.75B	18.17	8.37%	1.02%	12.03%	-34.91%
6030	70 Outperform	24.53B	21.71	0.00%	0.65%	17.29%	-13.67%
6561	69 Neutral	13.57B	8.03	46.79%	2.78%	10.02%	24.85%
6577	61 Neutral	3.45B	361.79	0.00%	0.67%	-18.91%	-96.22%
6548	42 Neutral	3.11B	-19.72	0.00%	―	0.00%	0.00%
7048	39 Underperform	10.14B	-47.44	0.00%	―	21.40%	-212.50%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

AirTrip Corporate Events

AirTrip Corp. Consolidates Hybrid Technologies as a Subsidiary

AirTrip Corp. announced the consolidation of Hybrid Technologies Co., Ltd. as a specified subsidiary, following an agreement with Soltec Investments Pte. Ltd. to exercise voting rights. This strategic move allows AirTrip to gain substantial control over Hybrid Technologies, which specializes in software development services utilizing resources in Japan and Vietnam, potentially enhancing AirTrip’s operational capabilities and market positioning.

The most recent analyst rating on (JP:6191) stock is a Buy with a Yen1044.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Ends Shareholder Benefit Program to Focus on Strategic Growth

AirTrip Corp. announced the termination of its shareholder benefit program, the AirTrip-Premium Benefit Club, as part of a strategic shift to enhance shareholder returns and improve corporate value. The company is focusing on its medium- to long-term growth strategy, ‘AirTrip 5000,’ aiming to achieve significant financial targets and update its growth plans post-pandemic, reflecting a commitment to efficient capital use and sustainable growth.

The most recent analyst rating on (JP:6191) stock is a Buy with a Yen1044.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Reports Revenue Growth Amid Profit Decline

AirTrip Corp. reported its consolidated financial results for the nine months ending June 30, 2025, showing a revenue increase of 8.4% year-on-year to 20,027 million yen. However, the company experienced a decline in net income by 30.5% compared to the previous year, indicating challenges in maintaining profitability despite revenue growth. The financial forecast for the fiscal year ending September 30, 2025, anticipates a modest increase in net sales but a significant drop in profit attributable to owners of the parent, reflecting ongoing financial pressures.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Announces Major Shareholder Changes

AirTrip Corp. announced significant changes in its major shareholders, with Munenori Oishi, the largest shareholder and Chairman of the Board, transferring his shares to Oishi Capital Corp., his asset management company. This transfer, along with a partial transfer from Yoshimura Holdings Inc., results in Oishi Capital Corp. becoming the largest major shareholder with over 28% of voting rights. This restructuring of share ownership is expected to impact the company’s governance and strategic direction, potentially influencing its market position and stakeholder interests.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

Oishi Capital to Acquire Significant Stake in AirTrip Corp.

AirTrip Corp. announced that Oishi Capital Corp. plans to acquire 6,305,700 shares of the company, representing 28.19% of total shareholder voting rights. This acquisition is significant as it falls under regulations equivalent to public tender offers, indicating a strategic move by Oishi Capital Corp. to increase its stake in AirTrip Corp., potentially impacting the company’s market positioning and shareholder dynamics.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Corp. Revises Earnings Forecast for FY 2025

AirTrip Corp. has revised its earnings forecast for the fiscal year ending September 2025, projecting significant increases in operating profit and other profit metrics. This revision reflects the company’s strategic investments in marketing, UI/UX improvements, and business diversification, despite a deceleration in travel segment growth due to external factors.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.

AirTrip Finalizes 16th Series of Stock Acquisition Rights

AirTrip Corp. has finalized the details of its 16th series of performance-linked stock acquisition rights, as resolved in a recent Board of Directors meeting. This issuance involves 22,394 stock acquisition rights allocated to directors, corporate auditors, and employees, potentially impacting the company’s operational incentives and aligning interests with stakeholders.

The most recent analyst rating on (JP:6191) stock is a Sell with a Yen1050.00 price target. To see the full list of analyst forecasts on AirTrip stock, see the JP:6191 Stock Forecast page.