TOYO Co., Ltd (TOYO) Key Metrics
TOYO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $170.9M
- Enterprise value
- $145.6M
- P/E (TTM)
- 1.8
- Forward P/E
- 1.9
- PEG ratio
- —
- Price / sales
- 0.3
- Price / book
- 0.9
- EV / EBITDA
- 1.4
- Dividend yield
- —
- Beta
- 1.42
TOYO key metrics, 2021–2025
Fiscal year ended December 31, 2025 · U.S. dollarsTOYO valuation Price multiples at each fiscal year-end price.
TOYO returns How much profit the business earns on the capital it uses.
TOYO per-share figures Results divided by the shares outstanding at year-end.
TOYO financial health Debt, liquidity and how easily interest is covered.
TOYO efficiency & capital use Working capital cycle and where the cash goes.
TOYO valuation history
TOYO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TOYO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TOYO cash returned to shareholders
TOYO price vs earnings per share
TOYO key metrics
2021–2025| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Valuation | |||||
| Market capitalization | $177.8M | $103.9M | — | — | — |
| Enterprise value | $199.6M | $163.9M | — | — | — |
| P/E ratio | 4.5 | 2.6 | — | — | — |
| Price / sales | 0.4 | 0.6 | — | — | — |
| Price / book | 1.6 | 1.8 | — | — | — |
| Price / free cash flow | 4.3 | 42.2 | — | — | — |
| Price / operating cash flow | 1.3 | 2.2 | — | — | — |
| EV / sales | 0.5 | 0.9 | — | — | — |
| EV / EBITDA | 2.1 | 2.4 | — | — | — |
| EV / free cash flow | 4.8 | 66.5 | — | — | — |
| Earnings yield | 22.3% | 39.0% | — | — | — |
| Free cash flow yield | 23.2% | 2.4% | — | — | — |
| Share price at fiscal year-end | $5.86 | $3.38 | — | — | — |
| Per share | |||||
| Revenue per share | $14.09 | $5.75 | $1.52 | $0.00 | $0.00 |
| Earnings per share | $1.31 | $1.32 | $0.24 | −$0.02 | −$0.02 |
| Operating cash flow per share | $4.38 | $1.51 | −$0.31 | −$0.07 | −$0.02 |
| Free cash flow per share | $1.36 | $0.08 | −$3.09 | −$0.07 | −$0.02 |
| Cash per share | $1.70 | $0.44 | $0.44 | $0.17 | $0.02 |
| Book value per share | $3.67 | $1.93 | $1.39 | $0.66 | $7.57 |
| Tangible book value per share | $3.67 | $1.93 | $1.39 | $0.66 | $7.57 |
| Capex per share | $3.02 | $1.43 | $2.79 | $0.00 | $0.00 |
| Debt per share | $2.42 | $2.39 | $2.54 | $0.02 | — |
| Shares outstanding | 30.3M | 30.8M | 41.0M | 12.0M | 12.0M |
| Change in shares outstanding | −1.4% | −25.0% | +242.7% | 0.0% | — |
| Returns & profitability | |||||
| Return on equity (ROE) | 46.5% | 69.7% | 30.5% | −0.4% | −0.3% |
| Return on invested capital (ROIC) | 33.1% | 6.6% | 8.9% | −0.3% | −0.3% |
| Return on assets (ROA) | 11.6% | 16.9% | 7.9% | −0.4% | −0.3% |
| Return on tangible assets | 9.0% | 16.9% | 4.2% | −1.7% | −0.3% |
| Free cash flow margin | 9.6% | 1.4% | −203.2% | — | — |
| Income quality (OCF / net income) | 3.35 | 1.15 | −1.27 | — | — |
| Financial health | |||||
| Total debt | $73.5M | $73.6M | $104.2M | $198,718 | — |
| Cash & short-term investments | $51.6M | $13.7M | $18.0M | $2.1M | $276,284 |
| Net debt | $21.8M | $59.9M | $86.2M | −$1.9M | −$276,284 |
| Debt / equity | 0.66 | 1.24 | 1.83 | 0.03 | — |
| Debt / assets | 0.17 | 0.31 | 0.44 | 0.02 | — |
| Net debt / EBITDA | 0.23 | 0.88 | 5.43 | — | — |
| Current ratio | 0.58 | 0.44 | 0.49 | 0.72 | 3.75 |
| Quick ratio | 0.31 | 0.28 | 0.25 | 0.72 | 3.75 |
| Interest coverage | 17.8 | 2.7 | 3.7 | — | — |
| Working capital | −$123.9M | −$69.6M | −$86.4M | −$812,403 | $227,496 |
| Invested capital | $133.1M | $119.2M | $143.1M | $6.0M | $90.3M |
| Tangible asset value | $111.3M | $59.4M | $56.9M | $7.8M | $90.6M |
| Net current asset value | −$158.3M | −$125.0M | −$98.6M | −$1.0M | −$3.0M |
| Graham number | $10.39 | $7.56 | $2.74 | — | — |
| Graham net-net per share | −$7.57 | −$4.64 | −$3.05 | −$0.08 | −$0.25 |
| Capital allocation | |||||
| Share buybacks (net) | — | — | — | $27.4M | — |
| Capex / revenue | 21.5% | 24.9% | 183.1% | — | — |
| Capex / operating cash flow | 69.0% | 94.7% | — | — | — |
| Capex / depreciation | 2.32 | 1.87 | 41.97 | 0.00 | — |
| Stock-based compensation / revenue | 3.2% | 0.3% | 0.0% | — | — |
| SG&A / revenue | 8.7% | 6.9% | 6.9% | — | — |
| Efficiency | |||||
| Days sales outstanding | 13.0 | 44.7 | 144.1 | — | — |
| Days of inventory on hand | 55.1 | 70.6 | 159.6 | — | — |
| Days payables outstanding | 40.4 | 64.6 | 152.8 | — | — |
| Cash conversion cycle (days) | 27.7 | 50.8 | 150.9 | — | — |
| Receivables turnover | 28.02 | 8.16 | 2.53 | — | — |
| Payables turnover | 9.04 | 5.65 | 2.39 | 0.00 | — |
| Inventory turnover | 6.62 | 5.17 | 2.29 | — | — |
| Asset turnover | 1.25 | 0.74 | 0.50 | 0.00 | 0.00 |
| Average receivables | $15.3M | $21.7M | $24.6M | — | — |
| Average payables | $36.6M | $27.4M | $19.2M | $1.1M | — |
| Average inventory | $50.0M | $30.0M | $20.0M | $0 | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from TOYO's annual financial statements (latest annual report filed April 1, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TOYO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), TOYO traded at 4.5 times earnings. Based on the latest twelve months, the trailing P/E is 1.8 and the forward P/E is 1.9. TOYO earned a return on equity of 46.5% and a return on invested capital of 33.1% in fiscal 2025. It ended the year with $73.5 million of debt and $51.6 million in cash and short-term investments, net debt of $21.8 million. The share count rose 153.5% from 12.0M to 30.3M over 4 years.
See the TOYO income statement, the TOYO chart for price history, or the TOYO stock overview for the latest quote and news.
TOYO key metrics FAQ
What is TOYO's P/E ratio?
TOYO's trailing P/E ratio is 1.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 1.9. At the end of fiscal 2025 it was 4.5.
What is TOYO's EV/EBITDA?
TOYO's enterprise value was 2.1 times EBITDA at the end of fiscal 2025 (enterprise value $199.6 million, EBITDA $95.4 million); the current EV/EBITDA is 1.4.
What is TOYO's return on equity?
TOYO's return on equity (ROE) was 46.5% in fiscal 2025: net income of $39.7 million on average shareholders' equity of $85.2 million.
What is TOYO's ROIC?
TOYO's return on invested capital was 33.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does TOYO have?
TOYO had total debt of $73.5 million at the end of fiscal 2025, a debt-to-equity ratio of 0.66 and $21.8 million of net debt (0.23 times EBITDA).
What is TOYO's free cash flow yield?
TOYO generated $41.2 million of free cash flow in fiscal 2025, a free cash flow yield of 23.2% on its market value at year-end ($177.8 million).
What is TOYO's current ratio?
TOYO's current ratio was 0.58 at the end of fiscal 2025: current assets were 0.58 times current liabilities.