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Toyota Motor Corporation 7203.T

JP · Tokyo Stock Exchange · XTKS · stock · Consumer Cyclical · website

Toyota Motor Corporation statistics & valuation

Market cap¥40.26T
P / E10.5×
P / S0.8×
P / B1.0×
P / FCF224.2×
Net margin7.6%
FCF margin0.4%
Net debt¥30.55T
Enterprise value USD$443.4B
Earnings yield EBIT/EV5.3%
Return on capital5.2%
Graham number +38.8%¥4,744.99

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (¥4,744.99); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
6.60% 11.00% 9.90% 7.60% 2023202420252026
Gross margin (%)
17.00% 20.80% 19.90% 16.70% 2023202420252026
Operating margin (%)
7.30% 11.90% 10.00% 7.40% 2023202420252026
Return on equity (%)
8.70% 14.40% 13.30% 9.60% 2023202420252026
Shares outstanding
11.78B 11.78B 11.78B 11.78B 2023202420252026
Net debt (¥)
¥21.86T ¥27.15T ¥29.81T ¥30.55T 2023202420252026
Share buybacks (¥)
2023202420252026
Return on assets (%)
3.30% 5.50% 5.10% 3.60% 2023202420252026
Free cash flow margin (%)
-2.00% -1.90% -3.20% 0.40% 2023202420252026
Debt / equity (×)
1.04× 1.07× 1.08× 1.08× 2023202420252026
EPS (¥)
¥179.47 ¥365.94 ¥359.56 ¥295.25 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Toyota Motor Corporation trades at about 11.6× earnings — above its 10-year norm (10-year range 7.6×–10.3×, median 10.2×).

7.6× 11.6×

Shaded band = 10-year range (7.6×–10.3×); dot = today's 11.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin16.7%19.9%20.8%17.0%
Operating margin7.4%10.0%11.9%7.3%
Net margin7.6%9.9%11.0%6.6%
FCF margin0.4%-3.2%-1.9%-2.0%
Return on assets3.6%5.1%5.5%3.3%
Return on equity9.6%13.3%14.4%8.7%
Debt / equity0.63×0.63×0.61×0.59×
Current ratio1.271.261.191.10

Computed from company filings · JP · as of 2026-03-31. Figures in JPY. Facts plus Stocktoria's own computed scores — not investment advice.