TOYO Co., Ltd (NASDAQ: TOYO)

Sector: Technology Industry: Solar CIK: 0001985273
Market Cap 275.37 Mn
P/B 4.11
P/E 11.23
P/S 1.55
Div Yield % 0.00
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About

TOYO Co., Ltd (TOYO) operates in the solar energy industry, with a focus on providing clean and renewable energy solutions to a diverse range of customers. The company was established in the Cayman Islands in May 2023, and its primary subsidiary, TOYO Solar, is responsible for the design, manufacture, and sale of solar energy systems. TOYO Solar's product offerings include solar energy systems, solar power generation systems, and solar energy storage systems. The company's solar energy systems are designed to provide efficient and durable energy...

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Investment thesis

Bull case

No data available.

Bear case

No data available.

Concentration Risk Type Breakdown of Revenue (2024)

Geographical Breakdown of Revenue (2024)

Peer comparison

Companies in the Solar
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 FSLR First Solar, Inc. 24.22 Bn 17.30 4.80 0.55 Bn
2 NXT Nextpower Inc. 18.09 Bn 30.50 5.02 0.00 Bn
3 ENPH Enphase Energy, Inc. 6.00 Bn 34.84 4.07 1.20 Bn
4 RUN Sunrun Inc. 4.28 Bn -1.73 1.85 14.69 Bn
5 SEDG Solaredge Technologies, Inc. 2.16 Bn -3.68 2.12 0.40 Bn
6 SHLS Shoals Technologies Group, Inc. 1.87 Bn 56.32 4.32 0.17 Bn
7 ARRY Array Technologies, Inc. 1.73 Bn -18.82 1.30 0.68 Bn
8 JKS JinkoSolar Holding Co., Ltd. 1.37 Bn -2.86 0.14 6.93 Bn

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 0.94 1.41
EV to Cash from Ops. EV/CFO 5.15 3.45
EV to Debt EV to Debt 4.58 6.34
EV to EBIT EV/EBIT 10.46 22.16
EV to EBITDA EV/EBITDA 10.30 5.58
EV to Free Cash Flow [EV/FCF] EV/FCF -33.93 9.74
EV to Market Cap EV to Market Cap 1.21 2.40
EV to Revenue EV/Rev 1.87 312.86
Price to Book Value [P/B] P/B 4.11 0.12
Price to Earnings [P/E] P/E 11.23 -3.59
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 -9.53
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 0.00
Dividend per Basic Share Div per Share (Qtr) 0.00 0.00
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 0.00
Interest Coverage Int. cover (Qtr) 9.74 -54.67
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % -59.76 -54.29
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) -28.06 50.84
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 0.00
EBIAT Growth (1y) % EBIAT 1y % (Qtr) -24.53 3.75
EBITDA Growth (1y) % EBITDA 1y % (Qtr) 0.00 -309.44
EBIT Growth (1y) % EBIT 1y % (Qtr) -11.99 -42.85
EBT Growth (1y) % EBT 1y % (Qtr) -8.78 -48.74
EPS Growth (1y) % EPS 1y % (Qtr) -7.79 -74.61
FCF Growth (1y) % FCF 1y % (Qtr) 72.36 4.39
Gross Profit Growth (1y) % Gross Profit Growth (1y) % -57.64 701.13
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 0.50 0.65
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.00
Cash Ratio Cash Ratio (Qtr) 0.12 0.39
Current Ratio Curr Ratio (Qtr) 0.47 1.43
Debt to Equity Ratio Debt/Equity (Qtr) 1.09 0.31
Interest Cover Ratio Int Coverage (Qtr) 9.74 -54.67
Times Interest Earned Times Interest Earned (Qtr) 9.74 -54.67
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) 0.00 -907.38
EBIT Margin % EBIT Margin % (Qtr) 17.91 -994.26
EBT Margin % EBT Margin % (Qtr) 16.07 -1,508.47
Gross Margin % Gross Margin % (Qtr) 10.30 10.82
Net Profit Margin % Net Margin % (Qtr) 13.80 -1,462.08