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Toyo Tire DB:TYR Stock Report

Last Price

€14.80

Market Cap

€2.3b

7D

-1.3%

1Y

0.7%

Updated

23 Dec, 2024

Data

Company Financials +

Toyo Tire Corporation

DB:TYR Stock Report

Market Cap: €2.3b

TYR Stock Overview

Manufactures and sells tires in Japan, North America, and internationally. More details

TYR fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 68% below our estimate of its fair value

Earnings grew by 17.9% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 3.2% per year for the next 3 years

Unstable dividend track record


My Notes

Capture your thoughts, links and company narrative

Toyo Tire Corporation Competitors

Schaeffler

XTRA:SHA0

€4.0b

SAF-Holland

XTRA:SFQ

€672.7m

HELLA GmbH KGaA

XTRA:HLE

€9.5b

Continental

XTRA:CON

€12.8b

Price History & Performance

Summary of share price highs, lows and changes for Toyo Tire
Historical stock prices
Current Share PriceJP¥14.80
52 Week HighJP¥17.90
52 Week LowJP¥12.00
Beta0.48
1 Month Change1.37%
3 Month Change18.40%
1 Year Change0.68%
3 Year Change11.28%
5 Year Change16.54%
Change since IPO120.90%

Recent News & Updates

Recent updates

Shareholder Returns

TYRDE Auto ComponentsDE Market
7D-1.3%-2.7%-2.0%
1Y0.7%-11.9%6.9%

Return vs Industry: TYR exceeded the German Auto Components industry which returned -11.9% over the past year.

Return vs Market: TYR underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is TYR's price volatile compared to industry and market?
TYR volatility
TYR Average Weekly Movement3.4%
Auto Components Industry Average Movement5.3%
Market Average Movement4.9%
10% most volatile stocks in DE Market11.3%
10% least volatile stocks in DE Market2.4%

Stable Share Price: TYR has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: TYR's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
194310,395Takashi Shimizuwww.toyotires.co.jp

Toyo Tire Corporation manufactures and sells tires in Japan, North America, and internationally. It operates in two segments, Tires and Automotive Parts. The company provides tires for passenger vehicles, lights trucks, cars, SUVs, and buses under the Toyo Tires and Nitto.

Toyo Tire Corporation Fundamentals Summary

How do Toyo Tire's earnings and revenue compare to its market cap?
TYR fundamental statistics
Market cap€2.30b
Earnings (TTM)€433.36m
Revenue (TTM)€3.46b

5.3x

P/E Ratio

0.7x

P/S Ratio

Is TYR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TYR income statement (TTM)
RevenueJP¥564.21b
Cost of RevenueJP¥325.60b
Gross ProfitJP¥238.62b
Other ExpensesJP¥167.92b
EarningsJP¥70.70b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 14, 2025

Earnings per share (EPS)459.17
Gross Margin42.29%
Net Profit Margin12.53%
Debt/Equity Ratio19.8%

How did TYR perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

28%

Payout Ratio

Does TYR pay a reliable dividends?

See TYR dividend history and benchmarks
When do you need to buy TYR by to receive an upcoming dividend?
Toyo Tire dividend dates
Ex Dividend DateDec 27 2024
Dividend Pay DateMar 28 2025
Days until Ex dividend4 days
Days until Dividend pay date95 days

Does TYR pay a reliable dividends?

See TYR dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 07:53
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toyo Tire Corporation is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takafumi MiuraBarclays
Kentaro HosodaBofA Global Research
Arifumi YoshidaCitigroup Inc