Comparing TOYO (TOYO) and The Competition

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

Analyst Recommendations

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

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
TOYO	1	1	2	0	2.25
TOYO Competitors	710	1629	2433	78	2.39

TOYO currently has a consensus price target of $16.50, indicating a potential upside of 139.83%. As a group, “Solar” companies have a potential upside of 15.83%. Given TOYO’s higher probable upside, equities research analysts plainly believe TOYO is more favorable than its rivals.

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	-490.51%	-31.27%	-5.01%

Earnings and Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
TOYO	$518.61 million	$39.66 million	9.17
TOYO Competitors	$1.51 billion	$21.55 million	6.45

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, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, TOYO’s rivals have a beta of 3.10, suggesting that their average share price is 210% more volatile than the S&P 500.

Insider & Institutional Ownership

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

Summary

TOYO beats its rivals on 7 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.