OTCPK:TYID.Y

Stock Analysis Report

Executive Summary

Toyota Industries Corporation manufactures and sells automobiles, material handling equipment, and textile machinery in Japan and internationally.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has Toyota Industries's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.5%

TYID.Y

3.5%

US Auto Components

0.4%

US Market


1 Year Return

7.1%

TYID.Y

-2.3%

US Auto Components

6.9%

US Market

Return vs Industry: TYID.Y exceeded the US Auto Components industry which returned -2.3% over the past year.

Return vs Market: TYID.Y matched the US Market which returned 6.9% over the past year.


Shareholder returns

TYID.YIndustryMarket
7 Day-0.5%3.5%0.4%
30 Day-3.1%2.5%-1.1%
90 Day4.8%2.8%-0.5%
1 Year7.1%7.1%-0.8%-2.3%9.3%6.9%
3 Year20.3%20.3%11.2%-0.3%45.8%36.4%
5 Year26.8%26.8%19.4%3.0%62.9%45.1%

Price Volatility Vs. Market

How volatile is Toyota Industries's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Toyota Industries undervalued compared to its fair value and its price relative to the market?

12.68x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: TYID.Y ($57.24) is trading above our estimate of fair value ($54.21)

Significantly Undervalued: TYID.Y is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TYID.Y is good value based on its PE Ratio (12.7x) compared to the Auto Components industry average (16.5x).

PE vs Market: TYID.Y is good value based on its PE Ratio (12.7x) compared to the US market (17.6x).


Price to Earnings Growth Ratio

Low PEG Ratio: TYID.Y is poor value based on its PEG Ratio (2.3x)


Price to Book Ratio

PB vs Industry: TYID.Y is good value based on its PB Ratio (0.8x) compared to the US Auto Components industry average (1.2x).


Next Steps

Future Growth

How is Toyota Industries forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

5.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TYID.Y's forecast earnings growth (5.6% per year) is above the savings rate (2.7%).

Earnings vs Market: TYID.Y's earnings (5.6% per year) are forecast to grow slower than the US market (14.6% per year).

High Growth Earnings: TYID.Y's earnings are forecast to grow, but not significantly.

Revenue vs Market: TYID.Y's revenue (3.8% per year) is forecast to grow slower than the US market (7.2% per year).

High Growth Revenue: TYID.Y's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: TYID.Y's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has Toyota Industries performed over the past 5 years?

5.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: TYID.Y's earnings have grown by 5.9% per year over the past 5 years.

Accelerating Growth: TYID.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: TYID.Y had negative earnings growth (-5.3%) over the past year, making it difficult to compare to the Auto Components industry average (8.1%).


Return on Equity

High ROE: TYID.Y's Return on Equity (6.1%) is considered low.


Return on Assets

ROA vs Industry: TYID.Y's Return on Assets is below or equal to the Auto Components industry average last year.


Return on Capital Employed

ROCE Improving: TYID.Y's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Toyota Industries's financial position?


Financial Position Analysis

Short Term Liabilities: TYID.Y's short term assets (¥1,620.4B) exceeds its short term liabilities (¥975.5B)

Long Term Liabilities: TYID.Y's short term assets (1,620.4B) do not cover its long term liabilities (1,755.4B)


Debt to Equity History and Analysis

Debt Level: TYID.Y's debt to equity ratio (46.6%) is considered high

Reducing Debt: TYID.Y's debt to equity ratio has increased from 36.8% to 46.6% over the past 5 years.

Debt Coverage: TYID.Y's debt is well covered by operating cash flow (23.1%).

Interest Coverage: TYID.Y earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: TYID.Y has a high level of physical assets or inventory.

Debt Coverage by Assets: TYID.Y's debt is covered by short term assets (assets are 1.337770x debt).


Next Steps

Dividend

What is Toyota Industries's current dividend yield, its reliability and sustainability?

2.56%

Current Dividend Yield


Dividend Yield vs Market

company2.6%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Years2.7%

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: TYID.Y's dividend (2.56%) is higher than the bottom 25% of dividend payers in the US market (1.45%).

High Dividend: TYID.Y's dividend (2.56%) is low compared to the top 25% of dividend payers in the US market (3.73%).

Stable Dividend: TYID.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: TYID.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (31.4%), TYID.Y's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

What is the CEO of Toyota Industries's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Akira Onishi (61yo)

6.3yrs

Tenure

JP¥106,000,000

Compensation

Mr. Akira Onishi has been the President at Toyota Industries Corporation June 2013 and served as its a Senior Managing Director since June 23, 2010. Mr. Onishi served as a Managing Officer of Toyota Indust ...


CEO Compensation Analysis

Compensation vs. Market: Akira's total compensation ($USD0.00) is too low to compare against companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Akira's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.0yrs

Average Tenure

Experienced Management: TYID.Y's management team is considered experienced (3 years average tenure).


Board Age and Tenure

4.8yrs

Average Tenure

66yo

Average Age

Experienced Board: TYID.Y's board of directors are considered experienced (4.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kazue Sasaki

    Executive VP & Representative Director

    • Tenure: 9.3yrs
  • Akira Onishi (61yo)

    President & Representative Director

    • Tenure: 6.3yrs
    • Compensation: JP¥106.00m
  • Toshifumi Onishi

    Senior Executive Officer

    • Tenure: 4.3yrs
  • Mikihiko Okamoto

    Executive Officer

    • Tenure: 9.3yrs
  • Yojiro Mizuno

    Senior Executive Office & Director

    • Tenure: 1.3yrs
  • Masahiro Kawaguchi

    Senior Executive Officer

    • Tenure: 1.8yrs
  • Toshihiko Shimizu

    Executive Officer

    • Tenure: 0yrs
  • Koichi Ito

    Senior Executive Officer

    • Tenure: 0yrs
  • Yuji Ishizaki

    Senior Executive Officer & Director

    • Tenure: 1.3yrs
  • Keizo Hara

    Executive Officer

    • Tenure: 0yrs

Board Members

  • Shuzo Sumi (72yo)

    Outside Director

    • Tenure: 5.3yrs
  • Kazue Sasaki

    Executive VP & Representative Director

    • Tenure: 9.3yrs
  • Tetsuro Toyoda (74yo)

    Chairman of the Board

    • Tenure: 6.3yrs
    • Compensation: JP¥107.00m
  • Akira Onishi (61yo)

    President & Representative Director

    • Tenure: 6.3yrs
    • Compensation: JP¥106.00m
  • Kenichiro Yamanishi (68yo)

    Outside Director

    • Tenure: 4.3yrs
  • Takuo Sasaki (62yo)

    Executive VP & Director

    • Tenure: 3.3yrs
  • Yojiro Mizuno

    Senior Executive Office & Director

    • Tenure: 1.3yrs
  • Yuji Ishizaki

    Senior Executive Officer & Director

    • Tenure: 1.3yrs
  • Taku Yamamoto (63yo)

    Senior Executive Officer & Director

    • Tenure: 5.3yrs
  • Mitsuhisa Kato (66yo)

    Outside Director

    • Tenure: 4.3yrs

Company Information

Toyota Industries Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Toyota Industries Corporation
  • Ticker: TYID.Y
  • Exchange: OTCPK
  • Founded: 1926
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: JP¥1.941t
  • Listing Market Cap: JP¥17.882b
  • Shares outstanding: 310.49m
  • Website: https://www.toyota-industries.com

Number of Employees


Location

  • Toyota Industries Corporation
  • 2-1, Toyoda-cho
  • Kariya
  • Aichi
  • 448-8671
  • Japan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TYID.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
6201TSE (The Tokyo Stock Exchange)YesCommon StockJPJPYJan 1992
TAHDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
TYID.YOTCPK (Pink Sheets LLC)ADRUSUSDMay 2008

Biography

Toyota Industries Corporation manufactures and sells automobiles, material handling equipment, and textile machinery in Japan and internationally. It provides cars; engines for passenger cars, sport utilit ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 00:12
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.