3923:TSERAKUS Co., Ltd. Analysis

Rakus Co., Ltd. is trading at ¥888, which sits below the 20‑day SMA of ¥955 but just above the 50‑day SMA of ¥883, placing the stock in a neutral technical zone. The MACD is bearish (histogram –13.1) and the RSI at 42.6 suggests neither overbought nor oversold conditions, while the price hovers near the identified support level of ¥820 and faces resistance around ¥1,080.5. Despite a high 30‑day volatility of 52%, the computed beta of 0.46 indicates the stock moves less than the broader market, tempering systematic risk.
Fundamentally, Rakus delivers strong growth with ¥60.3 bn of revenue expanding 19.7% YoY, a robust gross margin of 75%, operating margin of 30% and an exceptional ROE of 55%. The balance sheet is pristine – zero debt, ¥13.9 bn cash and a low payout ratio of 19% supporting a sustainable dividend yield of 0.86%. Forward earnings are projected at ¥59.73, slashing the forward PE to 14.9 versus a trailing PE of 24.1, and the DCF‑derived fair value of ¥915 suggests a modest undervaluation with a 25% upside potential. Analyst consensus (8 analysts) rates the stock as a “buy.”