TOYO Co., Ltd. TOYO
- Market cap
- $188.0M
- P/E
- 3.8×
Follow TOYO
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | — | — | — | — | 9.84 | 10.20 | 1.36 | 2.57 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| — | — | — | — | — | — | 10.38 | 11.19 | 15.61 | 8.39 |
High Price
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| — | — | — | — | — | — | — | 814 | 528 | 2,552 |
Employees
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|||
| — | — | — | — | — | — | — | 0 | 0 | 0 |
Revenue/Emp
|
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| — | — | — | — | — | — | — | 62 | 177 | 427 |
Revenue
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|||
| — | — | — | — | — | — | — | 26.67% | 12.37% | 22.54% |
Gross Margin
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| — | — | — | — | — | — | 0 | 10 | 41 | 53 |
EBT
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| — | — | — | — | — | — | 0.00% | 15.85% | 23.33% | 12.29% |
EBT Margin
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| — | 0 | — | — | — | — | 0 | 10 | 41 | 37 |
Net Income
|
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| — | — | — | — | — | — | 0 | 3 | 23 | 37 |
Depreciation
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| — | — | — | — | — | — | 0.00 | 1.52 | 5.75 | 14.24 |
Revenue/Sh
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| — | — | — | — | — | — | 0.00 | 0.24 | 1.09 | 0.98 |
Earnings/Sh
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| — | — | — | — | — | — | 0.00 | (0.31) | 1.51 | 4.43 |
Cash Flow/Sh
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| — | — | — | — | — | — | 0.00 | (2.79) | (1.43) | (3.06) |
Capex/Sh
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| — | — | — | — | — | — | 0.00 | (3.09) | 0.08 | 1.37 |
Free CF/Sh
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| — | — | — | — | — | — | 0.00 | 1.39 | 1.93 | 3.71 |
Book Value/Sh
|
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| — | — | — | — | — | — | 12 | 41 | 31 | 30 |
Shares
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| — | — | — | — | — | — | — | 47.91 | 14.70 | 73.80 |
PE Ratio
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| — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 |
PS Ratio
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| — | — | — | — | — | — | — | 1.38 | 0.40 | 1.77 |
PB Ratio
|
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| — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 |
EV/Sales
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|||
| — | — | — | — | — | — | — | (5.60) | (0.67) | 5.87 |
EV/FCF
|
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| — | — | — | — | — | — | 0 | (13) | 47 | 133 |
Op' Cash Flow
|
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| — | — | — | — | — | — | 0 | (114) | (44) | (92) |
Capex
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| — | — | — | — | — | — | 0 | (127) | 2 | 41 |
FCF
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| — | — | — | — | — | — | (1) | (86) | (70) | (124) |
Working Cap'
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| — | — | — | — | — | — | 0 | 12 | 71 | 71 |
Total Debt
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| — | — | — | — | — | — | (2) | (6) | 56 | 18 |
Net Debt
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| — | — | — | — | — | — | 8 | 57 | 59 | 111 |
Sh' Equity
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| — | — | — | — | — | — | 0.00% | 6.40% | 14.03% | 10.05% |
ROA
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| — | — | — | — | — | — | 0.00% | 14.70% | 4.80% | 28.49% |
ROIC
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| — | — | — | — | — | — | 0.00% | 16.18% | 57.64% | 40.11% |
ROE
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TOYO Co., Ltd. peers in Solar
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| SPWR CSLM Acquisition Corp. | $99.3M | 0.0× | Compare |
| TYGO Tigo Energy, Inc. | $73.0M | 5.7× | Compare |
| JKS JinkoSolar Holding Company Limited | $486.0M | 0.0× | Compare |
| ARRY Array Technologies, Inc. | $613.0M | 0.0× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| DQ DAQO New Energy Corp. | $774.8M | 0.0× | Compare |
| FTCI FTC Solar, Inc. | $45.6M | 0.0× | Compare |
| PN PN Smart Energy Limited | $41.3M | — | Compare |
| SPRU Spruce Power Holding Corporation | $38.1M | 0.0× | Compare |
TOYO Co., Ltd. (TOYO) key facts
- TOYO Co., Ltd. (TOYO) is a Solar company in the Technology sector, listed on Nasdaq.
- TOYO Co., Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $427.4 million, up 141.5% from fiscal 2024.
- As of September 25, 2026, TOYO traded at $4.47, a market capitalization of $188.0 million.
- Return on equity was 40.1% and debt-to-equity 0.28.
TOYO Co., Ltd. (TOYO) Latest News
23 Sep
TOYO Co., Ltd. will webcast its 2026 Analyst Day on Oct. 6, 2026, starting at 10:30 AM ET, to discuss strategy, market trends, and expansion plans. The company, a solar manufacturer pursuing vertical integration from silicon wafers to modules, will outline growth goals and potential capacity expansion. A replay will be available about two hours after the event and remain online for roughly 30 days. The release reiterates standard forward-looking statements and risk disclosures. The event seeks to boost investor visibility and clarify timing and scope of strategic moves in the solar value chain. Analyst Day communications and strategic outline can shape investor sentiment and expectations without signaling immediate revenue changes.
21 Sep
TOYO Co., Ltd.'s Humble, Texas solar module manufacturing facility received a top-quality rating in an August 2026 independent audit by Intertek CEA. The audit assessed certifications, employee management, incoming material handling, production controls, and finished-product quality systems. It evaluated current conditions and does not certify products or guarantee future quality. TOYO CEO Takahiko Onozuka said the result reflects discipline built into the production process and supports scaling U.S. manufacturing capacity toward a planned 2 GW. The Humble facility is part of TOYO's U.S. platform, aligned with its strategy to vertically integrate from wafers to modules and strengthen the solar supply chain. The release also includes standard forward-looking statements and risk disclosures. Independent audit validates manufacturing controls and supports U.S. expansion strategy.
19 Aug
TOYO reported 35% revenue growth in Q2 2026 driven by US expansion initiatives. 35% revenue surge plus US expansion signals major positive shift in financial trajectory and market position.
TOYO Co., Ltd. released its Q2 2026 earnings call summary covering quarterly financial results, operational updates, and management outlook on future performance. Quarterly earnings updates deliver financial metrics and guidance that can shift near-term sentiment without altering long-term company trajectory.
TOYO Co., Ltd. held its H1 earnings call and released highlights on financial results and operations. H1 earnings data updates financial performance and may shift near-term investor views without major strategic shifts.
TOYO Co., Ltd announced unaudited second quarter and first half 2026 financial results. Quarterly financial results release supplies performance data that can shift near-term investor views and valuation without indicating major strategic shifts.
7 Aug
TOYO Solar endorses President Trump's Section 232 action to speed up American solar manufacturing. Section 232 action accelerates TOYO Solar manufacturing and market position in the US.
31 Jul
TOYO establishes HJT solar plant in Houston to expand U.S. operations and builds non-FEOC supply chain. Houston HJT plant and non-FEOC supply chain represent major strategic expansion into U.S. solar market.
21 Jul
TOYO expects its U.S. subsidiary to qualify for Section 45X tax credits in 2025. Eligibility for Section 45X credits would reduce U.S. subsidiary costs and support profitability.
26 Jun
TOYO Co., Ltd. closed its $50 million registered direct offering. The capital infusion from the $50 million offering moderately strengthens TOYO's financial position and supports potential operational expansion.
24 Jun
TOYO Co., Ltd. announced a $50 million registered direct offering. Registered direct offering supplies TOYO with $50 million in capital while potentially diluting existing shares.
10 Jun
TOYO Co., Ltd. secures two major supply agreements totaling $185.6 million in cumulative purchase orders for the U.S. market. Major supply agreements of this scale substantially boost revenue and market position.
8 Jun
TOYO Co., Ltd. plans a 1.5 GW HJT solar cell manufacturing facility in the Houston metropolitan area to expand U.S. operations. Planned 1.5 GW U.S. cell plant marks major capacity expansion that can shift TOYO's production scale and competitive standing.
1 Jun
TOYO Co., Ltd. posted a Q1 profit rebound and secured conference visibility, directly shaping investor sentiment and positioning. Q1 profit rebound represents major financial recovery that can materially shift company trajectory and investor views.
22 May
TOYO reports Q1 2026 profit swing and advances U.S. solar expansion plans, prompting updated valuation assessment. Profit swing plus U.S. solar expansion plans represent major strategic moves that can significantly alter TOYO trajectory and investor sentiment.
19 May
TOYO Co., Ltd. released its Q1 2026 earnings call summary covering financial results, operational updates and management outlook. Q1 2026 earnings call delivers core financial data and guidance that can materially shift investor sentiment and valuation.
18 May
TOYO Co., Ltd. posted record revenue and a sharp profitability increase in its Q1 2026 earnings call. Record revenue and profitability growth signal stronger financial results and improved market positioning for TOYO.
TOYO Co., Ltd. reported Q1 financial results in its earnings call, covering revenue, net income, operational metrics and forward guidance. Quarterly earnings data typically drive short-term share price moves and modest revisions to growth expectations.
TOYO Co., Ltd. announced unaudited and unreviewed first quarter 2026 financial results and reaffirmed prior guidance. Standard quarterly results with reaffirmed guidance deliver moderate updates on performance and outlook.
17 Apr
Toyo Co., Ltd. (TOYO) appoints Rhone Resch as Chief Strategy Officer to drive global growth initiatives. Appointing a Chief Strategy Officer to lead global growth constitutes a major strategic move that could significantly enhance TOYO's expansion trajectory and market performance.
2 Apr
TOYO Co., Ltd. reported full-year revenue of $427.4 million with Non-GAAP net income surging 769%. 769% surge in Non-GAAP net income indicates game-changing profitability growth reshaping long-term prospects.
31 Mar
Toyo Co Ltd (TOYO) reported record revenue for full year 2025 during its earnings call, driven by strong performance across core segments, while announcing strategic expansion into new markets and product lines to fuel future growth. Record revenue and strategic expansion represent major positive developments poised to enhance financial performance and competitive positioning.
TOYO Co., Ltd. released H2 earnings call highlights detailing financial performance, revenue growth, profitability improvements, operational updates, and optimistic future guidance amid strategic expansions. Earnings highlights disclose key financial metrics and strategic shifts poised to significantly sway investor confidence and market trajectory.
TOYO Co., Ltd. announced its second half and full year 2025 financial results. Full-year financial results announcement directly impacts investor sentiment, stock price, and future market performance.
Solar industry veteran Mr. Rhone Resch joins TOYO Co., Ltd. as Chief Strategy Officer. Appointment of a solar industry veteran as Chief Strategy Officer signals major strategic bolstering for TOYO's competitive positioning.
18 Mar
TOYO Co., Ltd. (TOYO) released preliminary, unaudited, and unreviewed financial results for FY2025. Preliminary FY2025 financial results signal potential shifts in financial performance and investor sentiment.
TOYO Co., Ltd. announces leadership transition. Leadership transitions can moderately affect strategic direction and investor sentiment.
7 Jan
TOYO Co., Ltd. has secured a strategic supply agreement with a U.S. polysilicon manufacturer, enhancing its access to essential materials for its operations. This partnership is expected to bolster TOYO's position in the market, particularly in the renewable energy sector, by ensuring a stable supply of polysilicon, a key component in solar panel production. The agreement aligns with TOYO's growth strategy and commitment to sustainability, potentially improving its competitive edge. Securing a strategic supply agreement is likely to significantly enhance TOYO's operational capabilities and market positioning.
8 Dec
TOYO Co., Ltd. has acquired the remaining 24.99% interest in TOYO Solar LLC, consolidating its ownership in the solar energy sector. This acquisition is part of TOYO's strategy to enhance its renewable energy portfolio and strengthen its market position in the growing solar industry. The acquisition significantly enhances TOYO's strategic position in the renewable energy market, likely impacting future growth and investor sentiment.
3 Dec
Public companies hold 70% of TOYO Co., Ltd.'s ownership, while individual investors account for 20%. This distribution highlights the significant influence of institutional investors on the company's governance and strategic direction. The ownership structure indicates potential influences on TOYO's financial performance and market sentiment.