Bedrijfsoverzicht
TOYO Co., Ltd. operates as a comprehensive entity within the solar power supply chain, managing upstream wafer and silicon production, midstream solar cell manufacturing, and downstream photovoltaic module assembly across Asia and the United States. The company is classified within the Technology sector and specifically the Solar industry, positioning it to capitalize on renewable energy infrastructure developments and technological advancements in photovoltaic efficiency. Currently, the firm holds a market capitalization of $416.68M and reports annual revenue of $427.38M, while the specific employee count is not disclosed in available records. These valuation and revenue figures indicate that TOYO is a mid-sized player in the technology landscape, suggesting a significant operational footprint that spans multiple stages of the solar manufacturing process without the massive scale of the largest global conglomerates.
Financiële gezondheid
The company reported revenue of $427.38M over the trailing twelve months, generating net income of $34.23M and EBITDA of $95.59M, a disparity that highlights a substantial cost structure including depreciation, amortization, and operating expenses which reduces bottom-line profitability relative to earnings before interest and taxes. Free cash flow stands at $63.52M, providing a tangible measure of liquidity that supports capital expenditure needs for factory expansions or maintenance without immediate reliance on external financing. Profitability analysis reveals a gross margin of 22.5%, an operating margin of 17.1%, and a profit margin of 9.3%, indicating that while the production of solar components generates moderate gross returns, significant operational costs and taxes compress the final profit retained from every dollar of sales. The balance sheet shows a cash position of $51.63M against total debt of $132.99M, resulting in a debt-to-equity ratio of 119.54, which characterizes a highly leveraged capital structure where equity obligations exceed liquid assets. Liquidity assessment via the current ratio of 0.58 suggests that short-term current assets are insufficient to cover short-term liabilities, indicating potential strain on working capital management. Return on Equity is calculated at 43.5% and Return on Assets at 10.8%, metrics that suggest management is generating high returns on shareholder equity, likely driven by the leveraged nature of the balance sheet, though asset efficiency remains moderate.
Waarderingsbeoordeling
Valuation metrics for TOYO show a trailing P/E ratio of 10.04 and a forward P/E of 2.80, implying that the market expects a dramatic increase in future earnings per share compared to current historical performance levels. The price-to-book ratio is recorded at 5.98, indicating that the market values the company's equity at a significant premium relative to its book value, potentially reflecting intangible assets like intellectual property or growth expectations in the solar sector. Alternative valuation measures include a price-to-sales ratio of 0.97 and an EV/EBITDA of 5.21, which suggest the company trades at a price roughly equal to its sales and offers a low multiple relative to its operating earnings before interest and taxes. The stock's 52-week trading range spans a high of $11.44 and a low of $2.58, providing the context for price volatility and historical performance boundaries for technical analysis. The beta value is 0.82, indicating that the stock's price volatility is slightly lower than the broader market benchmark, suggesting it may offer a slightly more stable profile during periods of general market turbulence compared to high-beta technology stocks.
Growth & Income
TOYO Co., Ltd. is experiencing exceptional expansion with revenue growth of 641.5% year-over-year and earnings growth of 69.8% year-over-year, demonstrating that earnings are growing at a much slower pace than revenue, which often signals that the company is still in a scaling phase or that revenue includes one-time factors not yet fully reflected in net income. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning that all generated earnings are retained within the business to fund organic growth, debt repayment, or potential share repurchases rather than being distributed to shareholders. This reinvestment strategy aligns with the high revenue growth figures, prioritizing capital accumulation and market expansion over immediate income returns for investors. The overall growth and income profile presents a high-growth, zero-income scenario typical of companies in rapid scaling phases within the renewable energy sector.