Want to see TKCBY full AI Analyst Report?
Top Page
Tokai Carbon
(OTC:TKCBY)
Select Model
Select Model
Rating:62Neutral
Price Target:
$48.00
▲(27.15% Upside)
Action:Reiterated
Date:08/17/26
Overall score reflects mixed fundamentals: profitability recovered in 2025 and leverage is manageable, but the 2024 earnings drawdown and uneven free-cash-flow conversion weigh on financial quality. Technicals are a clear positive with the stock above major moving averages and positive MACD, though momentum looks stretched. Valuation is only moderate given the company’s volatility, with a modest dividend yield.
Positive Factors
Diversified Industrial End Markets
Exposure to several industrial and technology markets reduces reliance on one customer group and supports recurring demand for specialized carbon and graphite products across varied operating environments.
Negative Factors
Inconsistent Revenue Growth
Recent contraction and uneven annual growth indicate limited revenue visibility, leaving results exposed to cyclical steel, automotive, and industrial demand rather than a steadily expanding base.
Read all positive and negative factors
Positive Factors
Negative Factors
Diversified Industrial End Markets
Exposure to several industrial and technology markets reduces reliance on one customer group and supports recurring demand for specialized carbon and graphite products across varied operating environments.
Read all positive factors
Tokai Carbon (TKCBY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$2.40B
Dividend Yield1.74%
Average Volume (3M)0.00
Price to Earnings (P/E)20.3
Beta (1Y)0.83
Revenue Growth-2.72%
EPS GrowthN/A
CountryUS
Employees4,436
SectorBasic Materials
Sector Strength58
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)362.76
Shares Outstanding56,235,750
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio-0.07
Price to Book (P/B)0.66
Price to Sales (P/S)0.62
P/FCF Ratio13.57
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Tokai Carbon Business Overview & Revenue Model
Company Description
Established in Tokyo, Japan, in 1918 as Tokai Electrode Mfg. Co. Ltd., and rebranded as Tokai Carbon Co., Ltd. in 1975, the company is a prominent manufacturer and supplier of a comprehensive range of carbon-related products and services. Its offe...
How the Company Makes Money
Tokai Carbon primarily makes money by manufacturing and selling carbon and graphite materials and related products to industrial customers. Key revenue streams include: (1) Graphite electrodes: Tokai Carbon sells large graphite electrodes used by ...
Tokai Carbon Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
64
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 344.25B | 338.62B | 350.11B | 363.95B | 340.37B | 258.87B |
| Gross Profit | 81.24B | 78.48B | 80.64B | 81.49B | 94.05B | 70.73B |
| EBITDA | 59.20B | 61.28B | -3.95B | 80.78B | 78.14B | 54.27B |
| Net Income | 19.08B | 21.05B | -56.74B | 25.47B | 22.42B | 16.11B |
Balance Sheet | ||||||
| Total Assets | 678.79B | 664.49B | 640.75B | 640.00B | 576.47B | 512.50B |
| Cash, Cash Equivalents and Short-Term Investments | 85.83B | 90.22B | 92.21B | 77.47B | 70.91B | 78.86B |
| Total Debt | 215.76B | 216.72B | 199.11B | 166.64B | 171.45B | 168.25B |
| Total Liabilities | 324.93B | 311.40B | 315.60B | 279.90B | 275.60B | 255.94B |
| Stockholders Equity | 319.35B | 318.58B | 289.56B | 324.49B | 268.82B | 229.21B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 15.49B | 9.36B | 12.46B | -4.01B | 8.54B |
| Operating Cash Flow | 0.00 | 58.58B | 64.47B | 62.07B | 41.20B | 38.07B |
| Investing Cash Flow | 0.00 | -53.53B | -70.78B | -47.63B | -49.90B | -35.28B |
| Financing Cash Flow | 0.00 | -8.06B | 9.41B | -14.51B | -10.63B | 1.21B |
Tokai Carbon Technical Analysis
Positive
37.75
Price Trends
42.37
Positive
37.18
Positive
31.59
Positive
Market Momentum
1.37
Negative
70.10
Negative
92.47
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TKCBY, the sentiment is Positive. The current price of 37.75 is below the 20-day moving average (MA) of 42.01, below the 50-day MA of 42.37, and above the 200-day MA of 31.59, indicating a bullish trend. The MACD of 1.37 indicates Negative momentum. The RSI at 70.10 is Negative, neither overbought nor oversold. The STOCH value of 92.47 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TKCBY.
Tokai Carbon Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $2.31B | 19.11 | 9.15% | 2.11% | 2.87% | 534.76% | |
69 Neutral | $4.46B | 23.93 | 12.07% | 2.02% | -4.74% | -53.83% | |
62 Neutral | $2.40B | 20.27 | 6.95% | 2.14% | -2.72% | ― | |
62 Neutral | $7.44B | 50.87 | 1.59% | ― | -1.88% | ― | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | $2.25B | -33.20 | -4.04% | 0.62% | 4.06% | -3189.89% | |
50 Neutral | $352.14M | -3.60 | -24.91% | 1.18% | -1.02% | -734.16% |
* Basic Materials Sector Average
TKCBY
Tokai Carbon
46.28
17.97
63.48%
CBT
Cabot
84.26
6.74
8.69%
IOSP
Innospec
93.56
10.40
12.51%
MTX
Minerals Technologies
71.72
11.36
18.81%
SSL
Sasol
11.85
5.92
99.83%
OEC
Orion SA
6.07
-4.07
-40.13%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.