Stocktoria
TOYO Co., Ltd TOYO
TOYO Co., Ltd (TOYO) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $427.4M at a 9.3% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.94 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
Analyst price target
Wall Street analyst consensus — a sentiment gauge, not our scoring.
How it ranks in Manufacturing · percentile among 1957 companies
Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 7/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | -0.281 |
| Retained earnings / assets | 0.204 |
| EBIT / assets | 0.134 |
| Equity / liabilities | 0.337 |
Sector peers · similar-size Manufacturing companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| TOYO | TOYO Co., Ltd | 7/9 | 0.08 | 6.7 | +141.5% |
| SKYT | SkyWater Technology, Inc | 3/9 | -0.88 | 14.4 | +29.2% |
| POWI | POWER INTEGRATIONS INC | 6/9 | 13.34 | 200.2 | +5.9% |
| AAOI | APPLIED OPTOELECTRONICS, INC. | 4/9 | 2.44 | — | +82.8% |
| AMBA | AMBARELLA INC | 4/9 | 2.94 | — | +37.2% |
| MXL | MAXLINEAR, INC | 5/9 | -1.22 | — | +29.7% |
| SHLS | Shoals Technologies Group, Inc. | 5/9 | 3.91 | 45 | +19.1% |
About TOYO Co., Ltd
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain in Asia and the United States. It designs, manufactures, and sells solar cells, modules, and related products. TOYO Co., Ltd. was founded in 2022 and is headquartered in Tokyo, Japan.
FAQ
Is TOYO financially healthy?
TOYO Co., Ltd's Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does TOYO pay a dividend?
No, TOYO Co., Ltd does not currently pay a dividend.
How profitable is TOYO?
In FY2025, TOYO Co., Ltd had a net margin of 9.3% and a return on equity of 35.6%.
What is TOYO's P/E ratio?
TOYO Co., Ltd's trailing price-to-earnings (P/E) ratio is about 6.7×, based on its latest annual earnings.
What is the analyst price target for TOYO?
The average Wall-Street price target for TOYO Co., Ltd is $16.50, about 192.6% above the recent price, from 2 analysts.
Is TOYO a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on TOYO Co., Ltd: a Piotroski F-score of 7/9, an Altman Z″ in the distress zone, a P/E of about 6.7×. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.