TOYO Co., Ltd (TOYO) AI Stock Analysis
TOYO AI stock analysis summary
AI ResearchTOYO Co., Ltd (TOYO) is a Japan-headquartered company specializing in precision metal processing and expanding into tools and medical applications. The company generated $549.2M in trailing twelve-month revenue with a profit margin of 14.9%, while its stock trades at a trailing price-to-earnings multiple of 1.8x. Over the past year, TOYO shares fell 49.6% compared to a 16.8% gain for the S&P 500 (SPY).
- Market cap
- $170.9M
- Revenue (TTM)
- $549.2M
- P/E
- 1.8x fwd 1.9x
- 1Y return
- -49.6% S&P 500 16.8%
- Avg. target
- $14.00 250.0% vs last close
Bull case
- Quarterly earnings rose 181.3% year-over-year in the quarter ended June 30, 2026, supported by 35.0% quarterly revenue growth.
- The company holds $46.8M in net cash with a conservative debt-to-equity ratio of 0.30.
- Wall Street analysts set a mean price target of $14.00, implying 250.0% upside from the last closing price of $4.00.
Bear case
- TOYO shares dropped 49.6% over the past year and sit 50.3% below their 200-day moving average.
- The company expanded its share count by 222.1% over the past five years.
- Annual net income declined from $40.5M in FY2024 to $39.7M in FY2025 as net margin compressed to 9.3%.
What TOYO does
TOYO Co., Ltd. specializes in metal processing, focusing on the precision manufacturing of metal parts, including components for single-lens reflex camera lenses that demand accurate cutting technology. Headquartered in Japan, the company oversees production from consultations through manufacturing and inspections. In addition to core metal processing capabilities, TOYO promotes its own brand of technologically advanced tools. The company is also expanding into the medical sector, applying its precision technology to develop new products and solutions.
Growth and profitability
Revenue grew from $62.4M in FY2023 to $177.0M in FY2024 and reached $427.4M in FY2025, delivering a 2-year revenue compound annual growth rate of 161.8%. Net income rose from $9.9M in FY2023 to $40.5M in FY2024 before settling at $39.7M in FY2025, representing a net margin of 9.3%. Gross margin stood at 22.5% in FY2025, while operating margin was 13.8%. Over the trailing twelve months, revenue reached $549.2M with diluted EPS of $2.23. In the latest quarter ended June 30, 2026, quarterly revenue grew 35.0% year-over-year and quarterly earnings rose 181.3%.
Balance sheet and cash flow
As of June 30, 2026, TOYO held $110.0M in cash and short-term investments against total debt of $63.2M, resulting in net cash of $46.8M. Total assets stood at $537.6M against shareholders' equity of $209.8M, with a current ratio of 1.12 and a debt-to-equity ratio of 0.30. Operating cash flow improved to $133.0M in FY2025, while free cash flow reached $41.2M after capital expenditures of $91.8M. Over the trailing five years, the company's share count increased 222.1%.
Valuation and performance
TOYO trades at a trailing P/E of 1.8x and a forward P/E of 1.9x, below the median of its US-listed Technology peers at 28.1x and 18.8x, respectively. Its price-to-sales ratio is 0.3x versus the peer median of 2.8x, and its EV-to-EBITDA stands at 1.4x compared to the peer median of 16.6x. TOYO's market capitalization is $170.9M with an enterprise value of $145.6M. The stock declined 49.6% over the past year, underperforming the S&P 500 (SPY) return of 16.8%, and trades 50.3% below its 200-day moving average.
What analysts expect
Wall Street coverage includes 2 Strong Buy ratings, 0 Buy ratings, and no Hold or Sell ratings. The mean price target is $14.00, representing a 250.0% premium over the last close of $4.00. For the fiscal year ending December 31, 2026, analysts estimate EPS of $1.90 on revenue of $568.8M. For the next fiscal year, 2 analysts project EPS of $3.35 and revenue of $1.03B. Over the last 4 quarters, the company beat EPS estimates 3 times. The next earnings date is November 18, 2026.
Key risks and what to watch
- The stock carries a beta of 1.42, indicating higher volatility than the broader equity market.
- Short interest stands at 9.9% of the float, reflecting negative sentiment among some market participants.
- Insiders hold 76.4% of total equity, which limits public float and gives internal stakeholders significant voting control.
- Working capital liquidity remains tight, reflected in a current ratio of 1.12 as of June 30, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this TOYO AI stock analysis
This page is an AI-written research summary of TOYO Co., Ltd (TOYO). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: TOYO income statement, TOYO balance sheet, TOYO key metrics, TOYO analyst forecast, TOYO chart. See the TOYO stock overview for the latest quote and news.
TOYO AI stock analysis FAQ
What were TOYO's revenue and earnings in FY2025?
In FY2025, TOYO reported revenue of $427.4M, up 141.5% year-over-year, and net income of $39.7M with a net margin of 9.3%.
Does TOYO pay a dividend?
TOYO does not pay a dividend.
What is TOYO's net cash position?
As of June 30, 2026, TOYO had $110.0M in cash and short-term investments against $63.2M in total debt, giving it a net cash balance of $46.8M.
When is TOYO's next earnings report?
TOYO's next earnings date is scheduled for November 18, 2026.