TOYO Co Ltd (TOYO) AI Stock Analysis

• Market Cap: $151.44M
• Dividend Yield: N/A
• Average Volume (3M): 9.03K
• Price to Earnings (P/E): 17.8
• Beta (1Y): -0.01
• Revenue Growth: N/A
• EPS Growth: 35.57%
• Country: US
• Employees: 814
• Sector: Financial
• Sector Strength: 87
• Industry: Solar
• EPS (TTM): 0.18
• Shares Outstanding: 46,595,740
• 10 Day Avg. Volume: 12,614
• 30 Day Avg. Volume: 9,026
• PEG Ratio: 0.12
• Price to Book (P/B): 1.70
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -11.12
• 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

TOYO Co Ltd's overall stock score is influenced by strong profitability but hindered by cash flow challenges and recent negative market sentiment following earnings. Technical indicators suggest potential for recovery, though valuation is only moderate. The absence of dividend yield and guidance adds uncertainty, impacting the overall score.

TOYO Co Ltd Business Overview & Revenue Model

Company Description

TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain. Additionally, the company also manufactures solar PV modules. The company was founded in 2022 and is based in Tokyo, Japan.

How the Company Makes Money

TOYO Co Ltd Financial Statement Overview

Summary

TOYO Co Ltd shows strong profitability metrics with solid net and gross profit margins. However, the company faces challenges in cash flow management, indicated by negative free cash flow and operating cash flow to net income ratio. The balance sheet shows low leverage, which is a positive aspect for financial stability.

Income Statement

TOYO Co Ltd has shown a significant improvement in profitability, with a net profit margin of 15.84% and a gross profit margin of 26.65% in the latest period. However, the lack of prior period revenue figures limits the analysis of revenue growth. The company has achieved positive EBIT and EBITDA margins at 21.07% and 25.73% respectively, indicating an effective cost management strategy.

Balance Sheet

The balance sheet indicates a moderate debt-to-equity ratio of 0.22, suggesting relatively low leverage, which is positive for financial stability. With an equity ratio of 23.87%, the company maintains a healthy level of equity financing. However, the return on equity stands at 17.37%, showing an overall decent return on shareholders' investments.

Cash Flow

Cash flow analysis reveals a challenging situation with negative free cash flow. Operating cash flow to net income ratio is negative, indicating that the core operations are not generating sufficient cash. While the company has a considerable financing inflow, the free cash flow to net income ratio is negative, highlighting cash flow strain.

Breakdown
TTM	Dec 2023	Jun 2022
Income Statement		Total Revenue
131.42M	62.38M	0.00
	Gross Profit
29.96M	16.63M	0.00
	EBIT
10.41M	11.99M	-381.30K
	EBITDA
17.90M	14.59M	-246.89K
	Net Income Common Stockholders
10.63M	9.89M	-246.89K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
322.65K	18.04M	276.28K
	Total Assets
93.80M	238.28M	93.86M
	Total Debt
0.00	12.34M	0.00
	Net Debt
-322.65K	-5.69M	-276.28K
	Total Liabilities
3.27M	181.39M	3.30M
	Stockholders Equity
90.53M	56.90M	90.56M
Cash Flow		Free Cash Flow
-28.28M	-126.77M	-182.13K
	Operating Cash Flow
10.11M	-12.53M	-182.13K
	Investing Cash Flow
20.53M	-114.24M	-92.92M
	Financing Cash Flow
-17.29M	146.15M	93.38M

TOYO Co Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3.02
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TOYO, the sentiment is Neutral. The current price of 3.02 is above the 20-day moving average (MA) of 2.86, above the 50-day MA of 2.88, and below the 200-day MA of 3.25, indicating a neutral trend. The MACD of 0.04 indicates Negative momentum. The RSI at 57.42 is Neutral, neither overbought nor oversold. The STOCH value of 84.46 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for TOYO.

TOYO Co Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.73B	9.82	7.91%	17015.08%	12.18%	-5.69%
ZEO	59 Neutral	$82.27M	―	-9.81%	―	―	-1707.68%
TOYO	51 Neutral	$151.44M	17.84	17.37%	―	―	35.57%
SOL	51 Neutral	$78.01M	―	-3.99%	―	-12.04%	-39.46%
SPWR	40 Underperform	$145.10M	―		―	65.91%	-23.44%
MAXN	39 Underperform	$59.98M	―	307.38%	―	-54.68%	63.56%
SMXT	31 Underperform	$52.71M	―		―	-57.54%	-8091.75%