RPA Holdings, Inc. (6572) AI Stock Analysis

• Market Cap: ¥14.38B
• Dividend Yield: 1.75%
• Average Volume (3M): 139.42K
• Price to Earnings (P/E): 15.3
• Beta (1Y): 0.82
• Revenue Growth: 13.47%
• EPS Growth: 296.94%
• Country: JP
• Employees: 212
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 4.72
• Shares Outstanding: 63,073,990
• 10 Day Avg. Volume: 198,760
• 30 Day Avg. Volume: 139,420
• PEG Ratio: 0.22
• Price to Book (P/B): 1.31
• Price to Sales (P/S): 2.18
• P/FCF Ratio: 54.66
• 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: 56 Neutral
• Price Target: ¥222.00 ▼(-32.73% Downside)
• Action: Reiterated Date: 12/03/25
• Date: Action: Reiterated 12/03/25

The overall stock score of 56 reflects strong financial performance with robust revenue growth and profitability improvements. However, bearish technical indicators and a high P/E ratio suggest caution. The lack of significant earnings call insights or corporate events further limits positive sentiment.

Positive Factors

Sustained Revenue Growth

A 17.18% year-over-year revenue increase indicates durable demand for RPA Holdings’ investment and services mix. Consistent top-line expansion supports reinvestment in portfolio companies and real estate, improving long-term earnings potential and reducing reliance on one-off exits.

High Gross Margin

A 62.91% gross margin signals strong underlying economics and cost control in core operations and portfolio management. High gross margins provide buffer against revenue volatility, enabling sustained profitability and capacity to fund growth or absorb increased SG&A without immediate margin erosion.

Conservative Leverage / Strong Equity Base

Low leverage (D/E 0.36) and a 60.03% equity ratio give RPA durable financial flexibility to fund investments, pursue acquisitions, or withstand downturns. A strong equity base reduces default risk and supports patient capital deployment consistent with a diversified holding company model.

Negative Factors

Decline in Free Cash Flow

A 52.44% drop in free cash flow materially reduces internally available funds for new investments, dividends, or buybacks. For an investment-holding model that relies on cash to seed and support portfolio companies, sustained FCF declines can force external financing or slower capital deployment.

Compressed EBITDA Margin

A decline to a 9.59% EBITDA margin points to rising operating costs or weaker operating leverage across businesses. Lower operating profitability can persistently depress cash generation and return on invested capital, limiting the company’s ability to scale portfolio support profitably.

Weaker Cash Conversion

A FCF-to-net-income ratio of 0.66 shows earnings are less effectively converting to spendable cash, hinting at working capital or non-cash accounting impacts. This weakens earnings quality and reduces durable liquidity available for strategic investments and discretionary returns to shareholders.

RPA Holdings, Inc. Business Overview & Revenue Model

Company Description

OPEN Group, Inc. operates as a holding company with an interest in robot outsourcing and Ad network business. The company was founded on April 3, 2000 and is headquartered in Tokyo, Japan.

How the Company Makes Money

RPA Holdings generates revenue primarily through its investment activities, which include equity stakes in startups and established companies. The company earns capital gains from the appreciation of its investments when these companies achieve successful exits, such as acquisitions or public offerings. Additionally, RPA Holdings may receive dividends from profitable portfolio companies. Revenue is also generated from management fees associated with overseeing real estate assets and providing consultancy services to its portfolio companies. Strategic partnerships with other investment firms and technology accelerators further enhance its revenue streams by providing access to new investment opportunities and collaborative projects.

RPA Holdings, Inc. Financial Statement Overview

Summary

RPA Holdings, Inc. shows strong revenue growth and profitability improvements, particularly in the net profit margin. The balance sheet reflects a solid equity position and low leverage, providing financial stability. However, the decline in free cash flow and EBITDA margin suggests areas for improvement in operational efficiency and cash management.

Income Statement

RPA Holdings, Inc. demonstrated strong revenue growth of 17.18% from 2024 to 2025, indicating robust demand for its services. The gross profit margin stands at 62.91%, reflecting efficient cost management. The net profit margin improved significantly to 6.03% from 2.69%, showing increasing profitability. However, the EBITDA margin decreased slightly to 9.59%, which could suggest rising operating costs impacting operational efficiency.

Balance Sheet

The company maintains a solid financial position with a debt-to-equity ratio of 0.36, indicating low leverage and prudent financial management. The equity ratio of 60.03% highlights a strong equity base. Return on equity improved to 3.63%, suggesting enhanced profitability. However, continuous monitoring of liabilities is necessary to maintain financial stability.

Cash Flow

Free cash flow declined by 52.44% compared to the previous year, which could hinder future investment opportunities. The operating cash flow to net income ratio of 1.00 indicates adequate cash generation relative to net income. However, the free cash flow to net income ratio fell to 0.66, suggesting potential challenges in converting profits into free cash flow.

Breakdown	TTM	Feb 2025	Feb 2024	Feb 2023	Feb 2022	Feb 2021
Income Statement
Total Revenue	7.40B	7.22B	6.17B	5.96B	16.80B	11.21B
Gross Profit	4.80B	4.55B	3.95B	3.69B	3.70B	3.62B
EBITDA	990.65M	692.53M	731.75M	961.45M	-127.28M	1.18B
Net Income	552.70M	435.46M	166.02M	64.52M	-1.21B	21.03M
Balance Sheet
Total Assets	20.02B	19.97B	19.24B	18.47B	17.72B	18.54B
Cash, Cash Equivalents and Short-Term Investments	10.61B	10.51B	11.52B	11.21B	12.62B	13.41B
Total Debt	4.00B	4.28B	3.97B	3.79B	3.60B	3.24B
Total Liabilities	8.66B	7.98B	7.58B	6.95B	6.07B	5.40B
Stockholders Equity	11.35B	11.98B	11.67B	11.50B	11.63B	13.14B
Cash Flow
Free Cash Flow	0.00	287.52M	588.31M	358.38M	179.71M	1.16B
Operating Cash Flow	0.00	341.16M	1.02B	760.72M	607.87M	1.58B
Investing Cash Flow	0.00	371.64M	-865.00M	-2.65B	-973.37M	-553.70M
Financing Cash Flow	0.00	66.61M	142.32M	-3.99M	60.87M	-15.07M

RPA Holdings, Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 330.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6572, the sentiment is Negative. The current price of 330 is above the 20-day moving average (MA) of 234.77, above the 50-day MA of 261.53, and above the 200-day MA of 321.48, indicating a bearish trend. The MACD of -7.87 indicates Negative momentum. The RSI at 29.76 is Positive, neither overbought nor oversold. The STOCH value of 15.80 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:6572.

RPA Holdings, Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
3984	80 Outperform	¥24.53B	16.06	―	0.73%	17.86%	21.52%
3923	74 Outperform	¥294.74B	28.54	―	0.22%	25.00%	62.07%
5574	74 Outperform	¥28.86B	35.99	―	―	29.61%	93.16%
3655	70 Outperform	¥58.93B	-40.78	―	0.28%	8.64%	-23.20%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
6572	56 Neutral	¥14.38B	15.26	―	1.75%	13.47%	296.94%
2158	55 Neutral	¥35.12B	29.01	―	―	-10.49%	―

RPA Holdings, Inc. Corporate Events

OPEN Group Delivers Strong Profit Rebound and Confirms FY2026 Earnings Outlook

OPEN Group reported solid growth for the first nine months of the fiscal year ending February 28, 2026, with net sales rising 12.0% year on year to ¥5,905 million and operating profit more than doubling to ¥705 million, driving a 299.4% surge in profit attributable to owners of parent to ¥527 million and a sharp increase in earnings per share to ¥9.03. While total assets dipped slightly and the equity ratio softened to 54.8% from 60.0%, the company maintained its dividend stance, having already paid a year-end dividend in the prior fiscal year and forecasting a ¥4.50 year-end dividend for the current year, and it left its full-year guidance unchanged, projecting net sales of ¥8,500 million, operating profit of ¥960 million, and profit attributable to owners of parent of ¥516 million, underscoring management’s confidence in sustained earnings momentum despite a modest decline in net assets.

The most recent analyst rating on (JP:6572) stock is a Hold with a Yen337.00 price target. To see the full list of analyst forecasts on RPA Holdings, Inc. stock, see the JP:6572 Stock Forecast page.

OPEN Group Nears Limit of ¥2 Billion Share Buyback Program

OPEN Group, Inc. has completed a tranche of its share buyback program authorized by its board of directors in January 2025, repurchasing 635,600 common shares for a total of ¥194,394,800 through open-market transactions on the Tokyo Stock Exchange between December 1 and December 24, 2025. Under the broader authorization, the company has so far acquired a cumulative 6,328,500 shares for approximately ¥1.999 billion, effectively reaching the upper monetary limit of the ¥2 billion program, a move that tightens its share float and underscores management’s focus on capital efficiency and shareholder returns.

The most recent analyst rating on (JP:6572) stock is a Hold with a Yen303.00 price target. To see the full list of analyst forecasts on RPA Holdings, Inc. stock, see the JP:6572 Stock Forecast page.