Critical Survey: TOYO (TOYO) and The Competition

TOYO (NASDAQ:TOYO) is one of 47 publicly-traded companies in the “Solar” industry, but how does it contrast to its rivals? We will compare TOYO to related companies based on the strength of its analyst recommendations, profitability, dividends, risk, earnings, institutional ownership and valuation.

Valuation & Earnings

This table compares TOYO and its rivals top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
TOYO	$427.38 million	$39.66 million	21.01
TOYO Competitors	$1.51 billion	$21.55 million	8.51

TOYO’s rivals have higher revenue, but lower earnings than TOYO. TOYO is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.

Risk & Volatility

TOYO has a beta of 1.31, indicating that its share price is 31% more volatile than the S&P 500. Comparatively, TOYO’s rivals have a beta of 9.32, indicating that their average share price is 832% more volatile than the S&P 500.

Insider & Institutional Ownership

84.6% of TOYO shares are held by institutional investors. Comparatively, 48.8% of shares of all “Solar” companies are held by institutional investors. 0.3% of TOYO shares are held by insiders. Comparatively, 17.8% of shares of all “Solar” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Profitability

This table compares TOYO and its rivals’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
TOYO	N/A	N/A	N/A
TOYO Competitors	-436.13%	-60.70%	-7.77%

Analyst Recommendations

This is a summary of current ratings and recommmendations for TOYO and its rivals, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	0	2	2	0	2.50
TOYO Competitors	695	1616	2426	78	2.39

TOYO presently has a consensus price target of $16.50, indicating a potential upside of 4.70%. As a group, “Solar” companies have a potential downside of 2.27%. Given TOYO’s stronger consensus rating and higher probable upside, research analysts plainly believe TOYO is more favorable than its rivals.

Summary

TOYO beats its rivals on 8 of the 13 factors compared.

TOYO Company Profile

TOYO Co. Ltd. engages in the design, manufacture, and sale of solar cells and modules. It is involved in integrating the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and potentially other stages of the solar power supply chain. The company was founded on November 8, 2022 and is headquartered in Tokyo, Japan.