View ValuationToho Titanium Company 将来の成長Future 基準チェック /36Toho Titanium Company利益と収益がそれぞれ年間27.6%と3.1%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に9.3% 27.5%なると予測されています。主要情報27.6%収益成長率27.54%EPS成長率Metals and Mining 収益成長19.3%収益成長率3.1%将来の株主資本利益率9.29%アナリストカバレッジLow最終更新日13 Feb 2026今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.お知らせ • May 08Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025.お知らせ • Apr 29+ 2 more updatesToho Titanium Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Toho Titanium Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025お知らせ • Mar 25World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727).World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727) on March 24, 2025. For the period ending March 31, 2024, Toho Technical Service Co.,Ltd. reported total revenue of ¥1.98 billion, EBIT of ¥88 million and net income of ¥59 million. As of March 31, 2024, Toho Technical Service Co.,Ltd. reported total assets of ¥2.32 billion and total common equity of ¥1.89 billion.お知らせ • Mar 01Toho Titanium Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Toho Titanium Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥3.75 loss per share (vs JP¥20.84 profit in 2Q 2024)Second quarter 2025 results: JP¥3.75 loss per share (down from JP¥20.84 profit in 2Q 2024). Revenue: JP¥22.4b (up 9.4% from 2Q 2024). Net loss: JP¥267.0m (down 118% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.05 per share.Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.00 per share.Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥13.39 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (up from JP¥13.39 in 1Q 2024). Revenue: JP¥21.4b (up 32% from 1Q 2024). Net income: JP¥1.25b (up 31% from 1Q 2024). Profit margin: 5.9% (in line with 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin).Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €6.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.39 per share.Declared Dividend • Jul 11Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 98%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.92 per share.New Risk • May 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 13+ 3 more updatesToho Titanium Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024Toho Titanium Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).お知らせ • Mar 14Toho Titanium Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Toho Titanium Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥11.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.56 (down from JP¥11.75 in 3Q 2023). Revenue: JP¥19.8b (up 1.3% from 3Q 2023). Net income: JP¥609.0m (down 27% from 3Q 2023). Profit margin: 3.1% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 27Second quarter 2024 earnings released: EPS: JP¥20.84 (vs JP¥35.37 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.84 (down from JP¥35.37 in 2Q 2023). Revenue: JP¥20.5b (up 8.9% from 2Q 2023). Net income: JP¥1.48b (down 41% from 2Q 2023). Profit margin: 7.2% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Upcoming Dividend • Sep 21Upcoming dividend of JP¥6.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be €15.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 84%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥13.39 (vs JP¥28.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.39 (down from JP¥28.37 in 1Q 2023). Revenue: JP¥16.2b (down 20% from 1Q 2023). Net income: JP¥953.0m (down 53% from 1Q 2023). Profit margin: 5.9% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.00 per share.Board Change • Jul 07Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Jun 23Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.54 per share.Buying Opportunity • May 10Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €18.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.Reported Earnings • May 09Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €16.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 72% over the past year.Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥11.75 (vs JP¥11.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.75 (up from JP¥11.55 in 3Q 2022). Revenue: JP¥19.6b (up 37% from 3Q 2022). Net income: JP¥836.0m (up 1.7% from 3Q 2022). Profit margin: 4.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in Europe.お知らせ • Nov 27Toho Titanium Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023Toho Titanium Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €17.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 139% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.35 per share.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to €16.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.26 per share.Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥35.37 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.37 (up from JP¥15.27 in 2Q 2022). Revenue: JP¥18.8b (up 30% from 2Q 2022). Net income: JP¥2.52b (up 132% from 2Q 2022). Profit margin: 13% (up from 7.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.お知らせ • Oct 16Toho Titanium Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022Toho Titanium Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €18.10, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 98% over the past year.Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥28.37 (vs JP¥11.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.37 (up from JP¥11.02 in 1Q 2022). Revenue: JP¥20.1b (up 70% from 1Q 2022). Net income: JP¥2.02b (up 158% from 1Q 2022). Profit margin: 10% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the industry in Germany.お知らせ • Jul 01Toho Titanium Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Titanium Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022Reported Earnings • Jun 24Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 52%, compared to a 34% growth forecast for the mining industry in Germany.Buying Opportunity • Jun 17Now 24% undervaluedOver the last 90 days, the stock is up 66%. The fair value is estimated to be €22.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.60, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 165% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.66 per share.Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 52% share price gain to €14.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 114% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.37 per share.お知らせ • May 12+ 3 more updatesToho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022Toho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022.Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the mining industry in Germany.Board Change • Apr 27High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Outside Director Yasuhiko Ikubo is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Apr 08Toho Titanium Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Toho Titanium Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.55 (up from JP¥2.04 in 3Q 2021). Revenue: JP¥14.3b (up 57% from 3Q 2021). Net income: JP¥822.0m (up 467% from 3Q 2021). Profit margin: 5.7% (up from 1.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Germany.Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥15.27 (vs JP¥1.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥14.5b (up 68% from 2Q 2021). Net income: JP¥1.09b (up JP¥975.0m from 2Q 2021). Profit margin: 7.5% (up from 1.3% in 2Q 2021).Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).Reported Earnings • Aug 01First quarter 2022 earnings released: EPS JP¥11.02 (vs JP¥5.65 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.8b (up 48% from 1Q 2021). Net income: JP¥784.0m (up JP¥1.19b from 1Q 2021). Profit margin: 6.6% (up from net loss in 1Q 2021).Reported Earnings • Jun 22Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).Reported Earnings • May 09Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥2.04 (vs JP¥9.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.14b (down 25% from 3Q 2020). Net income: JP¥145.0m (down 78% from 3Q 2020). Profit margin: 1.6% (down from 5.5% in 3Q 2020). The decrease in margin was driven by lower revenue.Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the Metals and Mining industry in Germany.業績と収益の成長予測DB:40A - アナリストの将来予測と過去の財務データ ( )JPY Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/202991,1006,7002,700N/A13/31/202893,5335,2331,850N/A33/31/202788,4004,033550N/A33/31/202684,2672,7008,350N/A312/31/202584,4922,268N/AN/AN/A9/30/202586,2393,440-1,04413,109N/A6/30/202589,7682,543N/AN/AN/A3/31/202588,9743,7266,89619,283N/A12/31/202487,7195,121N/AN/AN/A9/30/202485,5343,50074611,396N/A6/30/202483,6045,250N/AN/AN/A3/31/202478,4044,951-11,292-3,135N/A12/31/202378,3635,177N/AN/AN/A9/30/202378,1105,404-13,278-5,424N/A6/30/202376,4276,438N/AN/AN/A3/31/202380,3517,504-1,2025,294N/A12/31/202273,3986,374N/AN/AN/A9/30/202268,1256,3606,35612,466N/A6/30/202263,7844,930N/AN/AN/A3/31/202255,5153,695-7949,790N/A12/31/202151,026-318N/AN/AN/A9/30/202145,850-995-2,3058,671N/A6/30/202139,996-1,970N/AN/AN/A3/31/202136,159-3,156-7,0381,402N/A12/31/202037,616615N/AN/AN/A9/30/202040,5861,133-3,2783,662N/A6/30/202043,0441,497N/AN/AN/A3/31/202045,5092,3593,2907,953N/A12/31/201945,9484,777N/AN/AN/A9/30/201944,9765,133N/A7,828N/A6/30/201943,5845,978N/AN/AN/A3/31/201943,6486,494N/A8,316N/A12/31/201840,9344,397N/AN/AN/A9/30/201839,6314,379N/A7,621N/A6/30/201838,7423,811N/AN/AN/A3/31/201837,2553,394N/A6,394N/A12/31/201735,1253,427N/AN/AN/A9/30/201733,5453,771N/A5,397N/A6/30/201732,3233,342N/AN/AN/A3/31/201731,2123,367N/A5,889N/A12/31/201632,6353,654N/AN/AN/A9/30/201635,8853,702N/A9,750N/A6/30/201637,9774,175N/AN/AN/A3/31/201643,4244,233N/A12,945N/A12/31/201542,6733,700N/AN/AN/A9/30/201539,8862,630N/A8,214N/A6/30/201538,7511N/AN/AN/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 40Aの予測収益成長率 (年間27.6% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: 40Aの収益 ( 27.6% ) はGerman市場 ( 16.9% ) よりも速いペースで成長すると予測されています。高成長収益: 40Aの収益は今後 3 年間で 大幅に 増加すると予想されています。収益対市場: 40Aの収益 ( 3.1% ) German市場 ( 6.5% ) よりも低い成長が予測されています。高い収益成長: 40Aの収益 ( 3.1% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 40Aの 自己資本利益率 は、3年後には低くなると予測されています ( 9.3 %)。成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/07 12:54終値2026/05/07 00:00収益2025/12/31年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Toho Titanium Company, Limited 3 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。8 アナリスト機関Shinichiro OzakiDaiwa Securities Co. Ltd.Eric NishimuraGoldman SachsKatsuhiko IshibashiIchiyoshi Research Institute Inc.5 その他のアナリストを表示
お知らせ • Apr 22Toho Titanium Company, Limited to Report Fiscal Year 2026 Results on May 08, 2026Toho Titanium Company, Limited announced that they will report fiscal year 2026 results on May 08, 2026
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 28%After last week's 28% share price gain to €8.50, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total loss to shareholders of 53% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €5.25 per share.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Akio Kobayashi was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 10Toho Titanium Company Limited Confirms the Suitability of Natural Rutile from Kasiya Rutile-Graphite Project for Manufacturing High-Specification Titanium Products Critical to Aerospace and Industrial ApplicationsS Sovereign Metals Limited announced that one of Japan's premier titanium metal (sponge and ingot) producers, Toho Titanium Company Limited, has confirmed the suitability of natural rutile from Sovereign's Kasiya Rutile-Graphite Project for manufacturing high-specification titanium products critical to aerospace and industrial applications. Toho Titanium's analysis of a sample of rutile from Kasiya concluded that " it is of a quality that can be used without any issues". Kasiya's rutile surpassed the requirements for TiO2 grade (>95%), low or no deleterious elements, low radiation value, and suitable particle size distribution and density. Toho Titanium represents a cornerstone supplier in the global titanium value chain, with combined decades of expertise serving the world's most demanding aerospace and industrial manufacturers. Toho Titanium, together with Japan's other major titanium metal producer, Osaka Titanium Technologies Co. Ltd. (" Osaka Titanium"), account for over 15% of global titanium production capacity and over 60% of non-sanctioned, aerospace-grade titanium metal production (i.e. excluding China, which is not qualified to produce aerospace-grade titanium, and Russia). Toho Titanium occupies a critical position in titanium supply chains, supporting the aerospace industry across the United States, Europe, and the Indo-Pacific region. Recent geopolitical developments have intensified focus on secure titanium supply chains, creating unprecedented strategic opportunities and strengthening the strategic nature of Kasiya as a future supplier of high-grade titanium feedstock. Toho Titanium supplies the most demanding aerospace applications globally, such as Boeing and Airbus commercial aircraft. Confirmation that rutile meets Toho Titanium's exacting standards for high-specification titanium production validates position as a future cornerstone supplier to critical industries. With the world's largest known rutile deposit, Sovereign is uniquely positioned to capitalise on the intersection of resource security, aerospace supply chain realignment, and national defence priorities. Kasiya's exceptional scale and quality, combined with Malawi's stable jurisdiction, offers unparalleled exposure to one of the most strategic and rapidly growing mineral markets of time." Kasiya Rutile Suitable for all Major End-Use Markets Bulk scale metallurgical test work conducted by Allied Mineral Laboratories in Australia has previously confirmed that a premium-grade rutile product can be produced via a simple, conventional process flow sheet with no requirements for flotation or acid leaching. World-class specification rutile products were reported ranging from 95.0% to 97.2% TiO2 with low impurities and exceptional metallurgical recoveries of up to 100%. The premium chemical parameters and particle sizing (d 50 126 m, 8.6% <75 m m) of Kasiya's rutile indicate that the product is suitable for all major end-use markets. Specifically, Kasiya's rutile product specification makes it a suitable feedstock for superior, high-performance titanium metal products. Confirmation that Kasiya's rutile can be used by Toho Titanium establishes Sovereign Metals as a credible future supplier to the global titanium industry's most discerning customers. This technical endorsement, combined with Kasiya's unmatched scale and strategic location, positions Sovereign as a potential potential supplier to the global titanium industry.
お知らせ • May 08Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025Toho Titanium Co., Ltd., Annual General Meeting, Jun 19, 2025.
お知らせ • Apr 29+ 2 more updatesToho Titanium Co., Ltd. to Report Q1, 2026 Results on Aug 01, 2025Toho Titanium Co., Ltd. announced that they will report Q1, 2026 results on Aug 01, 2025
お知らせ • Mar 25World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727).World Intec Co., Ltd. agreed to acquire 65% stake in Toho Technical Service Co.,Ltd. from Toho Titanium Co., Ltd. (TSE:5727) on March 24, 2025. For the period ending March 31, 2024, Toho Technical Service Co.,Ltd. reported total revenue of ¥1.98 billion, EBIT of ¥88 million and net income of ¥59 million. As of March 31, 2024, Toho Technical Service Co.,Ltd. reported total assets of ¥2.32 billion and total common equity of ¥1.89 billion.
お知らせ • Mar 01Toho Titanium Co., Ltd. to Report Fiscal Year 2025 Results on May 08, 2025Toho Titanium Co., Ltd. announced that they will report fiscal year 2025 results on May 08, 2025
Reported Earnings • Nov 10Second quarter 2025 earnings released: JP¥3.75 loss per share (vs JP¥20.84 profit in 2Q 2024)Second quarter 2025 results: JP¥3.75 loss per share (down from JP¥20.84 profit in 2Q 2024). Revenue: JP¥22.4b (up 9.4% from 2Q 2024). Net loss: JP¥267.0m (down 118% from profit in 2Q 2024). Revenue is forecast to stay flat during the next 3 years compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Oct 29Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to €6.00, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total loss to shareholders of 28% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €9.05 per share.
Upcoming Dividend • Sep 20Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 28% but the company is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (4.3%).
Valuation Update With 7 Day Price Move • Sep 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €6.40, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total loss to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €11.00 per share.
Reported Earnings • Aug 07First quarter 2025 earnings released: EPS: JP¥17.59 (vs JP¥13.39 in 1Q 2024)First quarter 2025 results: EPS: JP¥17.59 (up from JP¥13.39 in 1Q 2024). Revenue: JP¥21.4b (up 32% from 1Q 2024). Net income: JP¥1.25b (up 31% from 1Q 2024). Profit margin: 5.9% (in line with 1Q 2024). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Aug 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Profit margins are more than 30% lower than last year (6.3% net profit margin).
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to €6.20, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 27% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €10.39 per share.
Declared Dividend • Jul 11Final dividend of JP¥8.00 announcedShareholders will receive a dividend of JP¥8.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 98%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 17% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 64% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 25Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 01Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €7.40, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 8.3% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €8.92 per share.
New Risk • May 09New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.3% Last year net profit margin: 9.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Profit margins are more than 30% lower than last year (6.3% net profit margin).
Reported Earnings • May 09Full year 2024 earnings released: EPS: JP¥69.56 (vs JP¥105 in FY 2023)Full year 2024 results: EPS: JP¥69.56 (down from JP¥105 in FY 2023). Revenue: JP¥78.4b (down 2.4% from FY 2023). Net income: JP¥4.95b (down 34% from FY 2023). Profit margin: 6.3% (down from 9.3% in FY 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 13+ 3 more updatesToho Titanium Co., Ltd. to Report Q2, 2025 Results on Nov 08, 2024Toho Titanium Co., Ltd. announced that they will report Q2, 2025 results on Nov 08, 2024
Upcoming Dividend • Mar 21Upcoming dividend of JP¥14.00 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 03 June 2024. Payout ratio is a comfortable 34% but the company is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.3%).
お知らせ • Mar 14Toho Titanium Co., Ltd. to Report Fiscal Year 2024 Results on May 08, 2024Toho Titanium Co., Ltd. announced that they will report fiscal year 2024 results on May 08, 2024
Reported Earnings • Jan 26Third quarter 2024 earnings released: EPS: JP¥8.56 (vs JP¥11.75 in 3Q 2023)Third quarter 2024 results: EPS: JP¥8.56 (down from JP¥11.75 in 3Q 2023). Revenue: JP¥19.8b (up 1.3% from 3Q 2023). Net income: JP¥609.0m (down 27% from 3Q 2023). Profit margin: 3.1% (down from 4.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 27Second quarter 2024 earnings released: EPS: JP¥20.84 (vs JP¥35.37 in 2Q 2023)Second quarter 2024 results: EPS: JP¥20.84 (down from JP¥35.37 in 2Q 2023). Revenue: JP¥20.5b (up 8.9% from 2Q 2023). Net income: JP¥1.48b (down 41% from 2Q 2023). Profit margin: 7.2% (down from 13% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Upcoming Dividend • Sep 21Upcoming dividend of JP¥6.00 per share at 0.6% yieldEligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 33% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (8.5%).
Buying Opportunity • Aug 03Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.0%. The fair value is estimated to be €15.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 84%. For the next 3 years, revenue is forecast to grow by 2.4% per annum. Earnings is also forecast to grow by 9.8% per annum over the same time period.
Reported Earnings • Jul 28First quarter 2024 earnings released: EPS: JP¥13.39 (vs JP¥28.37 in 1Q 2023)First quarter 2024 results: EPS: JP¥13.39 (down from JP¥28.37 in 1Q 2023). Revenue: JP¥16.2b (down 20% from 1Q 2023). Net income: JP¥953.0m (down 53% from 1Q 2023). Profit margin: 5.9% (down from 10% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €12.20, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 8x in the Metals and Mining industry in Europe. Total loss to shareholders of 30% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €21.00 per share.
Board Change • Jul 07Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Jun 23Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 1.1% decline forecast for the Metals and Mining industry in Europe.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 22%After last week's 22% share price gain to €12.80, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 36% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.54 per share.
Buying Opportunity • May 10Now 29% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €18.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings is also forecast to grow by 16% per annum over the same time period.
Reported Earnings • May 09Full year 2023 earnings released: EPS: JP¥105 (vs JP¥51.92 in FY 2022)Full year 2023 results: EPS: JP¥105 (up from JP¥51.92 in FY 2022). Revenue: JP¥80.4b (up 45% from FY 2022). Net income: JP¥7.50b (up 103% from FY 2022). Profit margin: 9.3% (up from 6.7% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat.
Upcoming Dividend • Mar 23Upcoming dividend of JP¥17.00 per share at 1.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 02 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.6%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 23%After last week's 23% share price gain to €16.30, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 9x in the Metals and Mining industry in Europe. Total returns to shareholders of 72% over the past year.
Reported Earnings • Jan 27Third quarter 2023 earnings released: EPS: JP¥11.75 (vs JP¥11.55 in 3Q 2022)Third quarter 2023 results: EPS: JP¥11.75 (up from JP¥11.55 in 3Q 2022). Revenue: JP¥19.6b (up 37% from 3Q 2022). Net income: JP¥836.0m (up 1.7% from 3Q 2022). Profit margin: 4.3% (down from 5.7% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 2.4% decline forecast for the Metals and Mining industry in Europe.
お知らせ • Nov 27Toho Titanium Co., Ltd. to Report Q3, 2023 Results on Jan 26, 2023Toho Titanium Co., Ltd. announced that they will report Q3, 2023 results on Jan 26, 2023
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to €17.90, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 139% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.35 per share.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Outside Director Naomi Harada was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 19% share price gain to €16.80, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 97% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €30.26 per share.
Reported Earnings • Oct 28Second quarter 2023 earnings released: EPS: JP¥35.37 (vs JP¥15.27 in 2Q 2022)Second quarter 2023 results: EPS: JP¥35.37 (up from JP¥15.27 in 2Q 2022). Revenue: JP¥18.8b (up 30% from 2Q 2022). Net income: JP¥2.52b (up 132% from 2Q 2022). Profit margin: 13% (up from 7.5% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe.
お知らせ • Oct 16Toho Titanium Co., Ltd. to Report Q2, 2023 Results on Oct 27, 2022Toho Titanium Co., Ltd. announced that they will report Q2, 2023 results on Oct 27, 2022
Upcoming Dividend • Sep 22Upcoming dividend of JP¥11.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (10%).
Valuation Update With 7 Day Price Move • Sep 14Investor sentiment improved over the past weekAfter last week's 21% share price gain to €18.10, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 5x in the Metals and Mining industry in Europe. Total returns to shareholders of 98% over the past year.
Reported Earnings • Jul 30First quarter 2023 earnings released: EPS: JP¥28.37 (vs JP¥11.02 in 1Q 2022)First quarter 2023 results: EPS: JP¥28.37 (up from JP¥11.02 in 1Q 2022). Revenue: JP¥20.1b (up 70% from 1Q 2022). Net income: JP¥2.02b (up 158% from 1Q 2022). Profit margin: 10% (up from 6.6% in 1Q 2022). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 36%, compared to a 25% growth forecast for the industry in Germany.
お知らせ • Jul 01Toho Titanium Co., Ltd. to Report Q1, 2023 Results on Jul 28, 2022Toho Titanium Co., Ltd. announced that they will report Q1, 2023 results on Jul 28, 2022
Reported Earnings • Jun 24Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 52%, compared to a 34% growth forecast for the mining industry in Germany.
Buying Opportunity • Jun 17Now 24% undervaluedOver the last 90 days, the stock is up 66%. The fair value is estimated to be €22.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 8.3% per annum. Earnings is also forecast to grow by 24% per annum over the same time period.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improved over the past weekAfter last week's 16% share price gain to €18.60, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 165% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €20.66 per share.
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 52% share price gain to €14.50, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 114% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €10.37 per share.
お知らせ • May 12+ 3 more updatesToho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022Toho Titanium Co., Ltd., Annual General Meeting, Jun 21, 2022.
Reported Earnings • May 11Full year 2022 earnings released: EPS: JP¥51.92 (vs JP¥44.34 loss in FY 2021)Full year 2022 results: EPS: JP¥51.92 (up from JP¥44.34 loss in FY 2021). Revenue: JP¥55.5b (up 54% from FY 2021). Net income: JP¥3.70b (up JP¥6.85b from FY 2021). Profit margin: 6.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the mining industry in Germany.
Board Change • Apr 27High number of new and inexperienced directorsThere are 10 new directors who have joined the board in the last 3 years. The company's board is composed of: 10 new directors. 2 experienced directors. No highly experienced directors. Independent Outside Director Yasuhiko Ikubo is the most experienced director on the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 08Toho Titanium Co., Ltd. to Report Fiscal Year 2022 Results on May 10, 2022Toho Titanium Co., Ltd. announced that they will report fiscal year 2022 results on May 10, 2022
Upcoming Dividend • Mar 23Upcoming dividend of JP¥8.00 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (3.6%). Lower than average of industry peers (8.1%).
Reported Earnings • Jan 28Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: JP¥11.55 (up from JP¥2.04 in 3Q 2021). Revenue: JP¥14.3b (up 57% from 3Q 2021). Net income: JP¥822.0m (up 467% from 3Q 2021). Profit margin: 5.7% (up from 1.6% in 3Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 16% growth forecast for the industry in Germany.
Reported Earnings • Oct 29Second quarter 2022 earnings released: EPS JP¥15.27 (vs JP¥1.57 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: JP¥14.5b (up 68% from 2Q 2021). Net income: JP¥1.09b (up JP¥975.0m from 2Q 2021). Profit margin: 7.5% (up from 1.3% in 2Q 2021).
Upcoming Dividend • Sep 22Upcoming dividend of JP¥6.00 per shareEligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.2%).
Reported Earnings • Aug 01First quarter 2022 earnings released: EPS JP¥11.02 (vs JP¥5.65 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: JP¥11.8b (up 48% from 1Q 2021). Net income: JP¥784.0m (up JP¥1.19b from 1Q 2021). Profit margin: 6.6% (up from net loss in 1Q 2021).
Reported Earnings • Jun 22Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).
Reported Earnings • May 09Full year 2021 earnings released: JP¥44.34 loss per share (vs JP¥33.15 profit in FY 2020)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: JP¥36.2b (down 21% from FY 2020). Net loss: JP¥3.16b (down 234% from profit in FY 2020).
Reported Earnings • Feb 03Third quarter 2021 earnings released: EPS JP¥2.04 (vs JP¥9.32 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥9.14b (down 25% from 3Q 2020). Net income: JP¥145.0m (down 78% from 3Q 2020). Profit margin: 1.6% (down from 5.5% in 3Q 2020). The decrease in margin was driven by lower revenue.
Analyst Estimate Surprise Post Earnings • Feb 03Revenue beats expectationsRevenue exceeded analyst estimates by 5.0%. Over the next year, revenue is forecast to stay flat compared to a 14% growth forecast for the Metals and Mining industry in Germany.