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Tokai Carbon (TKCBY) AI Stock Analysis
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Tokai Carbon
(Other OTC:TKCBY)
Overall score reflects mid-range fundamentals driven by volatile earnings and uneven free-cash-flow quality, partially offset by a strong technical uptrend. Valuation is a headwind given the ~25 P/E with only a modest dividend yield, limiting upside support if fundamentals soften.
Tokai Carbon (TKCBY) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $2.56B
- Dividend Yield
- 1.60%
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 21.8
- Beta (1Y)
- 0.90
- Revenue Growth
- -2.72%
- EPS Growth
- ―
- Country
- US
- Employees
- 4,436
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Chemicals - Specialty
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 offerin...
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 ste...
Tokai Carbon Financial Statement Overview
Summary
Income statement and balance sheet are mid-range: profitability rebounded in 2025 after a sharp 2024 collapse, indicating earnings volatility. Leverage appears manageable (debt-to-equity ~0.68) but not meaningfully improving, and ROE is modest in profitable years. Cash flow is the key drag: operating cash flow is positive, but free cash flow is uneven and cash conversion is weak (FCF ~26% of net income in 2025).
Income Statement
62PositiveBalance Sheet
64PositiveCash Flow
55Neutral| 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 | 58.53B | 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 | 15.49B | 9.36B | 12.46B | -4.01B | 8.54B |
| Operating Cash Flow | 0 | 58.58B | 64.47B | 62.07B | 41.20B | 38.07B |
| Investing Cash Flow | 0 | -53.53B | -70.78B | -47.63B | -49.90B | -35.28B |
| Financing Cash Flow | 0 | -8.06B | 9.41B | -14.51B | -10.63B | 1.21B |
Tokai Carbon Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TKCBY, the sentiment is Negative. The current price of 48.92 is below the 20-day moving average (MA) of 53.07, below the 50-day MA of 51.58, and above the 200-day MA of 38.26, indicating a neutral trend. The MACD of -1.31 indicates Positive momentum. The RSI at 40.67 is Neutral, neither overbought nor oversold. The STOCH value of 65.80 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TKCBY.
Tokai Carbon Peers Comparison
Overall Rating
CBT66Neutral- TKCBY60Neutral
NGVT58Neutral
KOP54Neutral
MTX46Neutral
OEC46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| CBT | 66Neutral | $3.84B | 20.62 | 12.07% | 2.48% | -4.74% | -53.83% |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TKCBY | 60Neutral | $2.50B | 21.77 | 6.03% | 1.60% | -2.72% | ― |
| NGVT | 58Neutral | $2.55B | 48.26 | 85.17% | ― | -12.42% | ― |
| KOP | 54Neutral | $784.83M | -8.98 | -16.91% | 0.84% | -4.98% | -710.42% |
| MTX | 46Neutral | $1.95B | -28.78 | -4.12% | 0.77% | 4.76% | -19991.67% |
| OEC | 46Neutral | $316.53M | -3.24 | -24.91% | 1.48% | -1.02% | -734.16% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TKCBY | Tokai Carbon | 48.92 | 22.10 | 82.38% | |
| CBT | Cabot Corp | 74.43 | 10.10 | 15.69% | |
| KOP | Koppers | 41.50 | 13.59 | 48.68% | |
| MTX | Minerals Technologies | 62.74 | 6.95 | 12.46% | |
| OEC | Orion S.A. | 5.60 | 0.38 | 7.26% | |
| NGVT | Ingevity | 74.32 | 20.48 | 38.04% |
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.
Date of analysis: Sep 30, 2026