TOYO (TOYO) and Its Rivals Head to Head Comparison

TOYO (NASDAQ:TOYO) is one of 47 public companies in the “Solar” industry, but how does it compare to its rivals? We will compare TOYO to similar businesses based on the strength of its analyst recommendations, risk, dividends, institutional ownership, profitability, valuation and earnings.

Profitability

This table compares TOYO and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TOYO	N/A	N/A	N/A
TOYO Competitors	-436.13%	-60.70%	-7.77%

Valuation & Earnings

This table compares TOYO and its rivals revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TOYO	$427.38 million	$39.66 million	16.23
TOYO Competitors	$1.52 billion	$21.55 million	7.52

TOYO’s rivals have higher revenue, but lower earnings than TOYO. TOYO is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Institutional & Insider Ownership

84.6% of TOYO shares are held by institutional investors. Comparatively, 48.8% of shares of all “Solar” companies are held by institutional investors. 0.3% of TOYO shares are held by company insiders. Comparatively, 17.8% of shares of all “Solar” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Volatility and Risk

TOYO has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500. Comparatively, TOYO’s rivals have a beta of 9.33, indicating that their average share price is 833% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and price targets for TOYO and its rivals, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	0	2	2	0	2.50
TOYO Competitors	700	1620	2428	78	2.39

TOYO presently has a consensus target price of $16.50, suggesting a potential upside of 35.52%. As a group, “Solar” companies have a potential upside of 4.41%. Given TOYO’s stronger consensus rating and higher possible upside, equities analysts clearly believe TOYO is more favorable than its rivals.

Summary

TOYO beats its rivals on 8 of the 13 factors compared.

TOYO Company Profile

TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.