Critical Survey: TOYO (TOYO) versus Its Competitors

TOYO (NASDAQ:TOYO) is one of 221 public companies in the “Semiconductors & Semiconductor Equipment” industry, but how does it contrast to its rivals? We will compare TOYO to related businesses based on the strength of its valuation, institutional ownership, analyst recommendations, earnings, profitability, risk and dividends.

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	-1,280.76%	-126.57%	-4.15%

Risk and Volatility

TOYO has a beta of 1.42, indicating that its stock price is 42% more volatile than the S&P 500. Comparatively, TOYO’s rivals have a beta of 3.05, indicating that their average stock price is 205% more volatile than the S&P 500.

Institutional & Insider Ownership

84.6% of TOYO shares are owned by institutional investors. Comparatively, 54.6% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by institutional investors. 0.3% of TOYO shares are owned by company insiders. Comparatively, 11.9% of shares of all “Semiconductors & Semiconductor Equipment” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and price targets for TOYO and its rivals, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	0	2	2	0	2.50
TOYO Competitors	3481	12278	25647	986	2.57

TOYO presently has a consensus price target of $14.00, indicating a potential upside of 209.05%. As a group, “Semiconductors & Semiconductor Equipment” companies have a potential upside of 39.57%. Given TOYO’s higher probable upside, analysts clearly believe TOYO is more favorable than its rivals.

Valuation & Earnings

This table compares TOYO and its rivals top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TOYO	$427.38 million	$39.66 million	3.78
TOYO Competitors	$40.84 billion	$2.46 billion	26.69

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

Summary

TOYO rivals beat TOYO 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.