Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
TOYO Co., Ltd. (TOYO)
USD6.01
-0.08 (-1.31%)
JP NASDAQ Energy Solar
Address
5F, Tennoz First Tower 140-0002
Tokyo, JP
Tokyo, JP
CEO
Takahiko Onozuka
Website
toyo-solar.com
IPO
2022-03-17
CIK 1985273 ISIN KYG8976D1079
Description
TOYO Co., Ltd. participates across the full solar energy supply chain. Its operations encompass the initial upstream stages of wafer and silicon manufacturing, the midstream production of solar cells, and the final downstream assembly of photovoltaic (PV) modules. The company notably specializes in producing these solar PV modules. Founded in 2022, TOYO is headquartered in Tokyo, Japan.
News Sentiment (7d)
Based on only 1 article — low confidence
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
USD6.01
-0.08 (-1.31%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
564.7K
Beta
1.32
Float Shares
3.62M
Free Float %
9.9%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -10.49% | -5.47% | +23.59% | +84.37% | +134.79% | +147.61% | +318.16% | +39.12% | +39.12% | +39.12% | +39.12% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
6.01
Low
18.00
+199.5%
Consensus
18.00
+199.5%
Median
18.00
+199.5%
High
18.00
+199.5%
DCF (Unlevered)
533.26
+8,772.8%
DCF (Levered)
211.61
+3,421.0%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
100% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 0 | 0 |
| Buy | 2 | 0 |
| Hold | 0 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Price Target Summary
| Period | # Analysts | Avg Target |
|---|---|---|
| Last Month | — | — |
| Last Quarter | — | — |
| Last Year | 1 |
18.00
+199.5%
|
| All Time | 1 |
18.00
+199.5%
|
Quality scores
Altman Z-Score
1.97
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
-
Revenue growth Solar: +18.1%+141.5% ★ Q1'26: +634.4% (vs Q3'24)
-
EPS growth Solar: +43.7%+20.2% Q1'26: +120.6% (vs Q3'24)
-
FCF margin FCF growth · Solar: +87.8%+18.4% ★ Q1'26: +20.2% (vs Q3'24)
-
EBIT margin Solar: +4.0%+13.8% ★ Q1'26: +25.4% (vs Q3'24)
-
ROIC Solar: +1.3%+31.4% ★ Q1'26: +81.3% (vs Q3'24)
-
Share dilution Solar: 0.0%-1.4% ★ Q1'26: +83.8% (vs Q3'24)
-
Debt / EBITDA Net debt/EBITDA · Solar: 0.12×0.74× Q1'26: 0.35× (vs Q3'24)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2025 actual |
Dec 2026 2 Rev. Ana. 2 EPS Ana. |
Dec 2027 2 Rev. Ana. 2 EPS Ana. |
Dec 2028 1 Rev. Ana. 1 EPS Ana. |
|---|---|---|---|---|
| Revenue |
427.38M
est: 398.91M (+7.1%)
|
832.64M
806.38M – 858.90M
+108.7% YoY
|
1.11B
1.03B – 1.18B
+32.9% YoY
|
1.21B
1.15B – 1.28B
+9.7% YoY
|
| EBITDA |
98.63M
est: 211.11M (-53.3%)
|
440.65M
426.76M – 454.55M
+108.7% YoY
|
585.58M
543.37M – 622.50M
+32.9% YoY
|
642.37M
607.64M – 675.45M
+9.7% YoY
|
| EBIT |
59.04M
est: 189.91M (-68.9%)
|
396.40M
383.90M – 408.90M
+108.7% YoY
|
526.77M
488.80M – 559.99M
+32.9% YoY
|
577.86M
546.61M – 607.62M
+9.7% YoY
|
| Net Income |
39.66M
est: 23.66M (+67.6%)
|
71.89M
62.49M – 81.29M
+203.8% YoY
|
114.51M
105.73M – 122.99M
+59.3% YoY
|
171.69M
159.62M – 183.18M
+49.9% YoY
|
| SGA |
37.30M
est: 178.35M (-79.1%)
|
372.27M
360.53M – 384.01M
+108.7% YoY
|
494.71M
459.05M – 525.90M
+32.9% YoY
|
542.69M
513.34M – 570.64M
+9.7% YoY
|
| EPS |
1.32
est: 0.78 (+69.2%)
|
2.37
2.06 – 2.68
+203.8% YoY
|
3.78
3.49 – 4.05
+59.3% YoY
|
5.66
5.26 – 6.04
+49.9% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-28 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-27 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-26 | A | 4/5 | 3/5 | 5/5 | 5/5 | 3/5 | 4/5 | 2/5 |
| 2026-05-22 | A- | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-05-21 | A- | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-05-20 | A- | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 2/5 |
| 2026-05-19 | A | 4/5 | 3/5 | 5/5 | 5/5 | 2/5 | 4/5 | 3/5 |
| 2026-05-18 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-15 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-14 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-13 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-12 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-11 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-08 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-07 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-06 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-05 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-04 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-05-01 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-30 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-29 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-28 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 2/5 | 1/5 | 1/5 |
| 2026-04-27 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-24 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-23 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-22 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-21 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-20 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-17 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
| 2026-04-16 | C- | 1/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 1/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
110.56M
OE per share TTM
2.55
Owner's Yield
20.22%
Maintenance CapEx ratio
351.50%
Maint CapEx / Avg PPE
84.7%
Ownership Overview
Ownership breakdown
At a glance
Institutional holders
14
Total invested
3.22M
Insider transactions (90d)
0
Beneficial owners (>5%)
3
Beneficial owners (>5%)
| # | Reporting person | Amount owned | % of class | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Type | Citizenship | Filing date | SEC filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Junsei Ryu | 38.70M | 83.10% | 38.70M | — | 38.70M | — | CO | Citizenship or place of organization | 2024-11-14 | ↗ |
| 2 | WA Global Corporation | 25.42M | 54.60% | 25.42M | — | 25.42M | — | CO | Citizenship or place of organization | 2024-11-14 | ↗ |
| 3 | BestToYo Technology Company Limited | 13.28M | 28.50% | 13.28M | — | 13.28M | — | CO | Citizenship or place of organization | 2024-11-14 | ↗ |
Institutional Activity (13F)
Institutional ownership trend
From
To
13F snapshot — 2026 Q1
Investors holding
14
+10 vs prev Q
New positions
10
Closed positions
0
Increased
12
Reduced
2
Put/Call ratio
0.00
Calls held
—
Puts held
—
Top institutional holders
| # | Investor | Shares / Δ | Mkt value / Δ | Own% / Δ | Weight% / Δ | Avg px / Perf. | Hold / Status |
|---|---|---|---|---|---|---|---|
| 1 | DIAMETRIC CAPITAL, LP | 115.4K +115.4K (+100.0%) | 845.5K +845.5K (+100.0%) | 0.31% +0.306 pp | 0.22% +0.220 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 2 | MILLENNIUM MANAGEMENT LLC | 69.7K -25.9K (-27.1%) | 510.7K -49.4K (-8.8%) | 0.18% -0.133 pp | 0.00% +0.000 pp | USD2.71 +170.5% | 7 qtrs — |
| 3 | MARSHALL WACE, LLP | 67.7K +67.7K (+100.0%) | 496.6K +496.6K (+100.0%) | 0.18% +0.180 pp | 0.00% +0.001 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 4 | RENAISSANCE TECHNOLOGIES LLC | 46.0K +17.8K (+62.8%) | 337.2K +171.6K (+103.7%) | 0.12% +0.028 pp | 0.00% +0.000 pp | USD6.38 +14.9% | 3 qtrs — |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 36.7K -6.6K (-15.2%) | 269.1K +15.3K (+6.0%) | 0.10% -0.047 pp | 0.00% +0.000 pp | USD2.71 +170.5% | 7 qtrs — |
| 6 | CITADEL ADVISORS LLC | 28.1K +28.1K (+100.0%) | 205.8K +205.8K (+100.0%) | 0.07% +0.075 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 7 | JPMORGAN CHASE & CO | 18.6K +18.6K (+100.0%) | 138.2K +138.2K (+100.0%) | 0.05% +0.049 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 8 | BANK OF AMERICA CORP /DE/ | 18.4K +18.4K (+100.0%) | 134.6K +134.6K (+100.0%) | 0.05% +0.049 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 9 | PRELUDE CAPITAL MANAGEMENT, LLC | 17.6K +17.6K (+100.0%) | 128.7K +128.7K (+100.0%) | 0.05% +0.047 pp | 0.01% +0.010 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 10 | HRT FINANCIAL LP | 11.9K +11.9K (+100.0%) | 87.0K +87.0K (+100.0%) | 0.03% +0.032 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 11 | UBS GROUP AG | 6.1K +6.1K (+100.0%) | 44.5K +44.5K (+100.0%) | 0.02% +0.016 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 12 | ADVISOR GROUP HOLDINGS, INC. | 2.7K +2.7K (+100.0%) | 19.9K +19.9K (+100.0%) | 0.01% +0.007 pp | 0.00% +0.000 pp | USD7.33 +0.0% | 1 qtrs NEW |
| 13 | SBI SECURITIES CO., LTD. | 170.00 +23.0 (+15.6%) | 1.2K +385.0 (+44.7%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD3.68 +99.2% | 6 qtrs — |
| 14 | CAITONG INTERNATIONAL ASSET MANAGEMENT CO., LTD | 2.00 +2.0 (+100.0%) | 15.00 +15.0 (+100.0%) | 0.00% +0.000 pp | 0.00% +0.000 pp | USD7.00 +4.7% | 1 qtrs NEW |
Ownership breakdown by holder
ETF Ownership
Top ETFs holding this stock
Held by 26 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | Invesco WilderHill Clean Energy ETF PBW | 0.90% | 3.91M | 0.64% |
| 2 | iShares Micro-Cap ETF IWC | 0.01% | 164.6K | 0.60% |
| 3 | Invesco Russell 2000 Dynamic Multifactor ETF OMFS | 0.01% | 28.6K | 0.39% |
| 4 | Franklin U.S. Small Cap Multifactor Index ETF FLQS | 0.00% | 1.5K | 0.35% |
| 5 | iShares Russell 2000 Value ETF IWN | 0.00% | 302.9K | 0.24% |
| 6 | Xtrackers Russell 2000 UCITS ETF 1C XRSU.L | 0.00% | 52.8K | 0.30% |
| 7 | Global X - Russell 2000 ETF RSSL | 0.00% | 22.9K | 0.08% |
| 8 | Invesco Russell 2000 UCITS ETF RTYS.L | 0.00% | 4.8K | 0.25% |
| 9 | iShares Russell 2000 BuyWrite ETF IWMW | 0.00% | 849.83 | 0.39% |
| 10 | iShares Russell 2000 ETF IWM | 0.00% | 1.25M | 0.19% |
Insider Activity
Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
0
Sells
0
Shares acquired
—
Shares disposed
—
Cash buys
—
Cash sales
—
Net activity
+0
Insider buys vs sells (history)
From
To
Recent insider transactions
From
To
| Date | Person | Role | Transaction | A/D | Security | Shares | Price | Value | Owned after | D/I | Filing |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-30 | Resch Rhone A. | Officer | — | — | Ordinary Shares | 0 | 0.00 | — | 100,008 | D | ↗ |
| 2026-03-18 | Wang Aihua | Director / Officer | — | — | Ordinary Shares | 0 | 0.00 | — | 30,000 | D | ↗ |
| 2026-03-18 | TAHARA HIROYUKI | Director | — | — | Ordinary Shares | 0 | 0.00 | — | 11,000 | D | ↗ |
| 2026-03-18 | Onozuka Takahiko | Director / Officer | — | — | — | 0 | 0.00 | — | 0 | — | ↗ |
| 2026-03-18 | Karlsson Anders Erik | Director | — | — | Ordinary Shares | 0 | 0.00 | — | 6,000 | D | ↗ |
| 2026-03-18 | Hickey Alfred J III | Director | — | — | Ordinary Shares | 0 | 0.00 | — | 36,000 | D | ↗ |
| 2026-03-18 | Han Soon | Director | — | — | Ordinary Shares | 0 | 0.00 | — | 6,000 | D | ↗ |
| 2026-03-18 | Chung Taewoo | Director / Officer | — | — | Ordinary Shares | 0 | 0.00 | — | 30,000 | D | ↗ |
Executive team
Top executives
EBIT / Employee
111.8K
Shares Outstanding
36.71M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Aihua Wang | Chief Technology Officer & Director | — | — |
| Junsei Ryu | Advisor | — | male |
| Liang Shi | President | — | male |
| Rhone A. Resch | Chief Strategy Officer | — | male |
| Taewoo Chung | Chief Financial Officer & Director | — | male |
| Takahiko Onozuka | Chairman & Chief Executive Officer | — | male |
ESG Rating
ESG Score History
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for TOYO
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
