Towa Corporation (TWA) Price & Analysis

2 Followers

TWA Stock Chart & Stats

€13.97

€1.00(9.52%)

At close: Jan 08 4:00 PM EST

€13.97

€1.00(9.52%)

Day’s Range― - ―

52-Week Range€9.45 - €19.30

Previous CloseN/A

Volume0.00

Average Volume (3M)25.00

Market Cap

€1.10B

Enterprise Value€156.23K

Total Cash (Recent Filing)€28.43B

Total Debt (Recent Filing)€18.17B

Price to Earnings (P/E)43.3

Beta1.74

Next Earnings

Aug 06, 2026

EPS Estimate

0.07

Next Dividend Ex-DateN/A

Dividend YieldN/A

Share Statistics

EPS (TTM)61.22

Shares Outstanding75,157,364

10 Day Avg. Volume75

30 Day Avg. Volume25

Financial Highlights & Ratios

PEG Ratio-0.83

Price to Book (P/B)2.36

Price to Sales (P/S)3.06

P/FCF Ratio3.24K

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

€20.15

Price Target Upside44.25% Upside

Rating ConsensusModerate Buy

Number of Analyst Covering5

EPS Forecast (FY)0.61

Revenue Forecast (FY)€359.52M

Bulls Say, Bears Say

Bulls Say

Multi-year Revenue ExpansionThe roughly doubling of revenue from FY2021 to FY2026 demonstrates durable demand for TOWA's packaging equipment and successful market penetration. Sustained top-line scale supports operational leverage, R&D reinvestment, and a larger installed base that can underpin long-term service revenues.

Recurring After‑sales RevenueA meaningful aftermarket business (services, parts, consumables) creates more predictable, higher-margin revenue streams that persist regardless of new-capex cycles. This installed-base monetization cushions cyclicality in tool sales and supports long-term cash conversion and customer stickiness.

Historically Conservative Balance Sheet & ROEHistorically low leverage and attractive ROE indicate disciplined capital allocation and quality earnings. A conservative balance sheet increases resilience to downturns, enables selective investments or buybacks, and supports long-term credibility with customers and suppliers.

Bears Say

FY2026 Earnings Step‑downA notable earnings decline in FY2026 signals margin pressure and weakened operating leverage, reducing predictable profitability. Sustained earnings softness would limit reinvestment capacity, strain returns metrics, and challenge the company’s ability to fund growth from internal cash flows.

Volatile Cash GenerationSharp swings in operating and free cash flow undermine financial flexibility. With FCF near breakeven, the firm may struggle to self-fund capex, aftermarket growth, or buffer working-capital swings, raising reliance on external financing during industry cycles.

Increased Debt In FY2026Material debt growth in FY2026 reduces balance-sheet optionality and raises interest and refinancing risks. Coupled with weaker earnings and cash flow, higher leverage could constrain strategic investments, elevate financial costs, and limit the company’s ability to navigate cyclical downturns.

Towa Corporation News

Towa issues restricted stock to align executive pay with long-term value

Towa Corporation ( ($JP:6315) ) just unveiled an update. Towa Corporation’s board has approved the issuance of 10,584...

11d ago

Towa Corporation Sees Profit Decline but Signals Strong Rebound and Higher Dividend

Towa Corporation ( ($JP:6315) ) just unveiled an update. Towa Corporation reported a modest 1.7% rise in net...

3M ago

Towa Cuts FY2025 Profit Outlook but Sees Record Sales and Firm AI-Related Demand

An announcement from Towa Corporation ( ($JP:6315) ) is now available. Towa Corporation has revised its FY2025 consolidated...

6M ago

Towa’s Nine-Month Profit Halves Despite Solid Balance Sheet and Modest Sales

Towa Corporation ( ($JP:6315) ) has shared an update. Towa Corporation reported a 5.9% year-on-year decline in net...

6M ago

Towa Corporation Exceeds Profit Forecasts for FY2025 Q2

The latest announcement is out from Towa Corporation ( ($JP:6315) ). Towa Corporation reported a positive variance between...

9M ago

Towa Corporation Reports Decline in Semi-Annual Financial Results

Towa Corporation ( ($JP:6315) ) has issued an announcement. Towa Corporation reported a significant decline in its consolidated...

9M ago

TWA Earnings Report this Week: Is It a Buy, Ahead of Earnings?

Towa Corporation (TWA) is scheduled to report 2nd quarter earnings on 11/07/2025. Regarding Q2 estimates, Wall Street analysts...

9M ago

Towa Corporation Completes New Share Issuance for Stock Compensation

The latest update is out from Towa Corporation ( ($JP:6315) ). Towa Corporation has successfully completed the payment...

12M ago

Towa Corporation Reports Significant Financial Decline in Q1 2025

The latest announcement is out from Towa Corporation ( ($JP:6315) ). Towa Corporation reported a significant decline in...

12M ago

Towa Corporation Issues New Shares for Executive Incentives

Towa Corporation ( ($JP:6315) ) has shared an update. Towa Corporation has announced the issuance of new shares...

1y ago

TWA FAQ

What was Towa Corporation’s price range in the past 12 months?

Towa Corporation lowest stock price was €9.45 and its highest was €19.30 in the past 12 months.

What is Towa Corporation’s market cap?

Towa Corporation’s market cap is €1.10B.

When is Towa Corporation’s upcoming earnings report date?

Towa Corporation’s upcoming earnings report date is Aug 06, 2026 which is in 3 days.

How were Towa Corporation’s earnings last quarter?

Towa Corporation released its earnings results on May 11, 2026. The company reported €0.144 earnings per share for the quarter, missing the consensus estimate of €0.5 by -€0.356.

Is Towa Corporation overvalued?

According to Wall Street analysts Towa Corporation’s price is currently Undervalued. Get more investment ideas with TipRanks Premium

Does Towa Corporation pay dividends?

Towa Corporation does not currently pay dividends.

What is Towa Corporation’s EPS estimate?

Towa Corporation’s EPS estimate is 0.07.

How many shares outstanding does Towa Corporation have?

Towa Corporation has 75,157,364 shares outstanding.

What happened to Towa Corporation’s price movement after its last earnings report?

Towa Corporation reported an EPS of €0.144 in its last earnings report, missing expectations of €0.5. Following the earnings report the stock price went down -18.301%.

Which hedge fund is a major shareholder of Towa Corporation?

Currently, no hedge funds are holding shares in DE:TWA

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Towa Corporation

TOWA Corporation, headquartered in Kyoto, Japan, specializes in the design, development, production, and distribution of semiconductor manufacturing equipment and high-precision molds for both domestic and global markets. The company's diverse portfolio includes molding equipment, singulation equipment, ultra-precision molds, THPL-CBN end mills, and TEN-systems, in addition to offering used equipment for sale. Established in 1979, the firm was originally named TOWA Precision Industries Limited, adopting its current designation, TOWA Corporation, in December 1988.

Towa Corporation (TWA) Earnings & Revenues

Historic Earnings Reports

TWA Stock 12 Month Forecast

Average Price Target

€20.15

▲(44.25% Upside)

{"navigator":{"disabled":true},"exporting":{"enabled":false},"title":{"text":null},"chart":{"height":200,"style":{"fontFamily":"Roboto Flex, -apple-system, BlinkMacSystemFont, Segoe UI, Roboto, Helvetica, Arial, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol","fontWeight":"400","color":"#5d5d5e"},"spacingTop":30,"spacingRight":60,"events":null},"yAxis":{"labels":{"style":{"color":"inherit"},"distance":6,"x":-6,"y":-6,"zIndex":1,"map_label_formatter":{"8":"€8","17":"€17","26":"€26","12.5":"€12.5","21.5":"€21.5"}},"plotLines":[{"color":"rgba(0,0,0,0)","value":25.8782,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":-10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-bottom flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#199ca5\">High </span>\n\n  <span style=\"color:#199ca5\">€25.88</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":20.15196,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":0,"text":"<div  class=\"positionrelative hoverZ3 triangleleft flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#828080\">Average </span>\n\n  <span style=\"color:#828080\">€20.15</span>\n  </div></div>","useHTML":true}},{"color":"rgba(0,0,0,0)","value":17.0686,"label":{"className":" overflowvisible_force","align":"right","x":60,"y":10,"text":"<div  class=\"positionrelative hoverZ3 triangleleft-top flexccc bgwhite shadowhard-3 border1 borderColorwhite-8 colorwhite-8 px2 lineHeight3 fontWeightsemibold fontSize10 radiismall h_pxsmall35\"> <div class=\"w_pxsmall60 flexccc\">\n  <span style=\"color:#912767\">Low </span>\n\n  <span style=\"color:#912767\">€17.07</span>\n  </div></div>","useHTML":true}}],"tickPositions":[8,12.5,17,21.5,26],"lineColor":"#dddddd","gridLineWidth":1,"gridLineColor":"#dddddd","lineWidth":1,"title":{"text":""}},"plotOptions":{"series":{"states":{"inactive":{"opacity":1}}},"line":{"animation":{"duration":0},"dataLabels":{"allowOverlap":true},"borderWidth":1,"marker":{"enabled":true,"fillColor":"#FFFFFF","radius":3,"lineWidth":2,"symbol":"circle","lineColor":"#828080"}}},"xAxis":{"labels":{"style":{"color":"inherit"},"rotation":0,"map_label_formatter":{"3":"Nov<br/>2025","6":"Feb<br/>2026","9":"May<br/>2026","12":"Aug<br/>2026","25":"Aug<br/>2027"}},"tickPositions":[3,6,9,12,25],"plotLines":[{"color":"#dddddd","width":1,"value":12},{"color":"#dddddd","width":1,"value":12}],"lineWidth":0,"gridLineWidth":1,"gridLineColor":"#dddddd","tickLength":0},"legend":{"symbolRadius":0,"symbolPadding":4,"symbolHeight":14,"borderWidth":0,"symbolWidth":14,"align":"left","verticalAlign":"bottom","enabled":false},"tooltip":{"backgroundColor":"rgba(0,0,0,0)","useHTML":true,"borderWidth":0,"borderColor":"rgba(0,0,0,0)","padding":0,"shadow":null,"headerFormat":"","footerFormat":"","pointFormat":"<div class=\"flexccc lineHeight2 bgwhite shadow2 px3 py3 radiismall fonth10_semibold\">\n                <span class=\"colorgray-3 mb4\">{point.date:%b %d ,%Y}</span>\n                <span>Analyst Consensus</span>\n                {point.info}\n          </div>\n           </div>"},"credits":{"enabled":false},"accessibility":{"description":""},"responsive":{"rules":[{"chartOptions":{"chart":{"spacing":[0,0,0,0],"margin":[30,60,40,5]},"xAxis":{"tickPositions":[3,12,25.25]},"yAxis":{"labels":{"enabled":false}},"title":{"text":null},"subtitle":{"text":null}},"condition":{"maxWidth":500}}]},"series":[{"lineWidth":2,"dashStyle":"ShortDash","name":"High","type":"line","color":"#199ca5","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,14.226,15.122323076923077,16.018646153846156,16.91496923076923,17.81129230769231,18.707615384615384,19.603938461538462,20.500261538461537,21.396584615384615,22.292907692307693,23.189230769230768,24.085553846153843,24.981876923076925,{"y":25.8782,"marker":{"fillColor":"#199ca5","lineColor":"#199ca5","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Average","type":"line","color":"#828080","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,14.226,14.681843076923078,15.137686153846154,15.593529230769231,16.04937230769231,16.505215384615383,16.96105846153846,17.416901538461538,17.872744615384615,18.328587692307693,18.784430769230767,19.240273846153848,19.69611692307692,{"y":20.15196,"marker":{"fillColor":"#828080","lineColor":"#828080","enabled":true,"symbol":"circle"}}]},{"lineWidth":2,"dashStyle":"ShortDash","name":"Low","type":"line","color":"#912767","enableMouseTracking":false,"marker":{"enabled":false},"data":[null,null,null,null,null,null,null,null,null,null,null,null,14.226,14.444661538461538,14.663323076923078,14.881984615384615,15.100646153846155,15.319307692307692,15.537969230769232,15.75663076923077,15.975292307692309,16.193953846153846,16.412615384615385,16.631276923076925,16.84993846153846,{"y":17.0686,"marker":{"fillColor":"#912767","lineColor":"#912767","enabled":true,"symbol":"circle"}}]},{"type":"line","data":[{"y":10.409,"date":1754006400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":9.765,"date":1756684800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 0, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.599,"date":1759276800000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.888,"date":1761955200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.103,"date":1764547200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":11.4,"date":1767225600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.168,"date":1769904000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.564,"date":1772323200000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":12.8,"date":1775001600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 2,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":16.552,"date":1777593600000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 1, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":15.388,"date":1780272000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 4,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 3, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":19.3,"date":1782864000000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 3,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"lineColor":"#199ca5","enabled":true,"symbol":"circle"}},{"y":14.226,"date":1785542400000,"info":" <span style=\"color:#199ca5\" class=\"mb3 mt2 fonth8_semibold\"> Strong Buy</span>\n            <div class=\"flexrcb px3 displayflex fonth9_semibold\"><span  style=\"color:#199ca5\">Buy 1,\t&nbsp; </span>\n              <span  style=\"color:#828080\">Hold 2, \t&nbsp;</span>\n              <span  style=\"color:#912767\">Sell 0</span>\n      ","marker":{"fillColor":"black","lineColor":"black","enabled":true,"symbol":"circle"}},null,null,null,null,null,null,null,null,null,null,null,null],"color":"#0666a7"}]}

Detailed Analyst Forecast >