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TOYOTA MOTOR CORP -SPON ADR (TM) Stock Fundamental Analysis

NYSE:TM - New York Stock Exchange, Inc. - US8923313071 - ADR - Currency: USD

193.18  +23.19 (+13.64%)

Premarket: 193.43 +0.25 (+0.13%)

Fundamental Rating

6

Overall TM gets a fundamental rating of 6 out of 10. We evaluated TM against 37 industry peers in the Automobiles industry. While TM has a great profitability rating, there are some minor concerns on its financial health. TM is valued correctly, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

9

1. Profitability

1.1 Basic Checks

In the past year TM was profitable.
TM had a positive operating cash flow in the past year.
Each year in the past 5 years TM has been profitable.
In the past 5 years TM always reported a positive cash flow from operatings.
TM Yearly Net Income VS EBIT VS OCF VS FCFTM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2T 4T

1.2 Ratios

TM has a Return On Assets of 5.09%. This is amongst the best in the industry. TM outperforms 94.59% of its industry peers.
Looking at the Return On Equity, with a value of 13.26%, TM belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
TM's Return On Invested Capital of 5.51% is amongst the best of the industry. TM outperforms 89.19% of its industry peers.
TM had an Average Return On Invested Capital over the past 3 years of 5.04%. This is in line with the industry average of 6.62%.
The last Return On Invested Capital (5.51%) for TM is above the 3 year average (5.04%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 5.09%
ROE 13.26%
ROIC 5.51%
ROA(3y)4.63%
ROA(5y)4.34%
ROE(3y)12.12%
ROE(5y)11.36%
ROIC(3y)5.04%
ROIC(5y)4.62%
TM Yearly ROA, ROE, ROICTM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10

1.3 Margins

TM's Profit Margin of 9.92% is amongst the best of the industry. TM outperforms 97.30% of its industry peers.
In the last couple of years the Profit Margin of TM has grown nicely.
Looking at the Operating Margin, with a value of 9.98%, TM belongs to the top of the industry, outperforming 97.30% of the companies in the same industry.
TM's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 19.94%, TM belongs to the best of the industry, outperforming 81.08% of the companies in the same industry.
TM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 9.98%
PM (TTM) 9.92%
GM 19.94%
OM growth 3Y1.5%
OM growth 5Y4.44%
PM growth 3Y2.98%
PM growth 5Y7.79%
GM growth 3Y1.57%
GM growth 5Y2.05%
TM Yearly Profit, Operating, Gross MarginsTM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TM is still creating some value.
The number of shares outstanding for TM has been reduced compared to 1 year ago.
The number of shares outstanding for TM has been reduced compared to 5 years ago.
The debt/assets ratio for TM is higher compared to a year ago.
TM Yearly Shares OutstandingTM Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
TM Yearly Total Debt VS Total AssetsTM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20T 40T 60T 80T

2.2 Solvency

TM has an Altman-Z score of 1.70. This is a bad value and indicates that TM is not financially healthy and even has some risk of bankruptcy.
TM has a Altman-Z score of 1.70. This is in the better half of the industry: TM outperforms 75.68% of its industry peers.
TM has a Debt/Equity ratio of 0.64. This is a neutral value indicating TM is somewhat dependend on debt financing.
The Debt to Equity ratio of TM (0.64) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF N/A
Altman-Z 1.7
ROIC/WACC1.72
WACC3.21%
TM Yearly LT Debt VS Equity VS FCFTM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10T 20T 30T

2.3 Liquidity

A Current Ratio of 1.26 indicates that TM should not have too much problems paying its short term obligations.
TM has a Current ratio (1.26) which is comparable to the rest of the industry.
A Quick Ratio of 1.10 indicates that TM should not have too much problems paying its short term obligations.
TM has a better Quick ratio (1.10) than 70.27% of its industry peers.
Industry RankSector Rank
Current Ratio 1.26
Quick Ratio 1.1
TM Yearly Current Assets VS Current LiabilitesTM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10T 20T 30T

3

3. Growth

3.1 Past

The earnings per share for TM have decreased by -1.74% in the last year.
The Earnings Per Share has been growing by 19.57% on average over the past years. This is quite good.
Looking at the last year, TM shows a small growth in Revenue. The Revenue has grown by 6.52% in the last year.
The Revenue has been growing by 9.97% on average over the past years. This is quite good.
EPS 1Y (TTM)-1.74%
EPS 3Y20.57%
EPS 5Y19.57%
EPS Q2Q%-30.32%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y15.25%
Revenue growth 5Y9.97%
Sales Q2Q%11.66%

3.2 Future

The Earnings Per Share is expected to decrease by -4.15% on average over the next years.
The Revenue is expected to grow by 2.63% on average over the next years.
EPS Next Y-10.2%
EPS Next 2Y-4.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.14%
Revenue Next 2Y3.38%
Revenue Next 3Y2.63%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
TM Yearly Revenue VS EstimatesTM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 10T 20T 30T 40T 50T
TM Yearly EPS VS EstimatesTM Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1K 2K 3K

6

4. Valuation

4.1 Price/Earnings Ratio

With a Price/Earnings ratio of 7.84, the valuation of TM can be described as very cheap.
91.89% of the companies in the same industry are more expensive than TM, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.69. TM is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.73 indicates a reasonable valuation of TM.
TM's Price/Forward Earnings ratio is rather cheap when compared to the industry. TM is cheaper than 83.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of TM to the average of the S&P500 Index (37.36), we can say TM is valued rather cheaply.
Industry RankSector Rank
PE 7.84
Fwd PE 8.73
TM Price Earnings VS Forward Price EarningsTM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30 40

4.2 Price Multiples

91.89% of the companies in the same industry are more expensive than TM, based on the Enterprise Value to EBITDA ratio.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 7.49
TM Per share dataTM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150 200 250

4.3 Compensation for Growth

TM has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as TM's earnings are expected to decrease with -4.15% in the coming years.
PEG (NY)N/A
PEG (5Y)0.4
EPS Next 2Y-4.15%
EPS Next 3YN/A

5

5. Dividend

5.1 Amount

TM has a Yearly Dividend Yield of 2.46%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.77, TM pays a better dividend. On top of this TM pays more dividend than 86.49% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, TM has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.46%

5.2 History

The dividend of TM is nicely growing with an annual growth rate of 14.07%!
TM has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TM decreased in the last 3 years.
Dividend Growth(5Y)14.07%
Div Incr Years2
Div Non Decr Years2
TM Yearly Dividends per shareTM Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50 100 150 200

5.3 Sustainability

TM pays out 23.76% of its income as dividend. This is a sustainable payout ratio.
DP23.76%
EPS Next 2Y-4.15%
EPS Next 3YN/A
TM Yearly Income VS Free CF VS DividendTM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 2T 4T
TM Dividend Payout.TM Dividend Payout, showing the Payout Ratio.TM Dividend Payout.PayoutRetained Earnings

TOYOTA MOTOR CORP -SPON ADR

NYSE:TM (7/23/2025, 8:04:00 PM)

Premarket: 193.43 +0.25 (+0.13%)

193.18

+23.19 (+13.64%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)05-08 2025-05-08/dmh
Earnings (Next)07-31 2025-07-31/amc
Inst Owners24.68%
Inst Owner Change-2.04%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap251.77B
Analysts75.71
Price Target176.73 (-8.52%)
Short Float %0.12%
Short Ratio2.44
Dividend
Industry RankSector Rank
Dividend Yield 2.46%
Yearly Dividend5.77
Dividend Growth(5Y)14.07%
DP23.76%
Div Incr Years2
Div Non Decr Years2
Ex-Date03-28 2025-03-28 (50)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)43.31%
Min EPS beat(2)11.86%
Max EPS beat(2)74.75%
EPS beat(4)3
Avg EPS beat(4)13.19%
Min EPS beat(4)-41.93%
Max EPS beat(4)74.75%
EPS beat(8)7
Avg EPS beat(8)23.68%
EPS beat(12)9
Avg EPS beat(12)13.4%
EPS beat(16)13
Avg EPS beat(16)15.65%
Revenue beat(2)2
Avg Revenue beat(2)1.94%
Min Revenue beat(2)1.55%
Max Revenue beat(2)2.33%
Revenue beat(4)2
Avg Revenue beat(4)0.77%
Min Revenue beat(4)-0.66%
Max Revenue beat(4)2.33%
Revenue beat(8)6
Avg Revenue beat(8)3.37%
Revenue beat(12)10
Avg Revenue beat(12)3.6%
Revenue beat(16)14
Avg Revenue beat(16)3.76%
PT rev (1m)-9.95%
PT rev (3m)-9.59%
EPS NQ rev (1m)9.31%
EPS NQ rev (3m)-6.86%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.24%
Revenue NQ rev (1m)1.61%
Revenue NQ rev (3m)-0.83%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.06%
Valuation
Industry RankSector Rank
PE 7.84
Fwd PE 8.73
P/S 0.77
P/FCF N/A
P/OCF 9.96
P/B 1.03
P/tB 1.07
EV/EBITDA 7.49
EPS(TTM)24.64
EY12.75%
EPS(NY)22.13
Fwd EY11.45%
FCF(TTM)-8.19
FCFYN/A
OCF(TTM)19.39
OCFY10.04%
SpS251.97
BVpS188.44
TBVpS181.29
PEG (NY)N/A
PEG (5Y)0.4
Profitability
Industry RankSector Rank
ROA 5.09%
ROE 13.26%
ROCE 7.47%
ROIC 5.51%
ROICexc 7.33%
ROICexgc 7.54%
OM 9.98%
PM (TTM) 9.92%
GM 19.94%
FCFM N/A
ROA(3y)4.63%
ROA(5y)4.34%
ROE(3y)12.12%
ROE(5y)11.36%
ROIC(3y)5.04%
ROIC(5y)4.62%
ROICexc(3y)6.42%
ROICexc(5y)5.83%
ROICexgc(3y)6.6%
ROICexgc(5y)18.11%
ROCE(3y)7.22%
ROCE(5y)6.72%
ROICexcg growth 3Y-36.84%
ROICexcg growth 5Y7.63%
ROICexc growth 3Y11.1%
ROICexc growth 5Y7.64%
OM growth 3Y1.5%
OM growth 5Y4.44%
PM growth 3Y2.98%
PM growth 5Y7.79%
GM growth 3Y1.57%
GM growth 5Y2.05%
F-Score5
Asset Turnover0.51
Health
Industry RankSector Rank
Debt/Equity 0.64
Debt/FCF N/A
Debt/EBITDA 3.26
Cap/Depr 233.56%
Cap/Sales 10.95%
Interest Coverage 2.98
Cash Conversion 52.46%
Profit Quality N/A
Current Ratio 1.26
Quick Ratio 1.1
Altman-Z 1.7
F-Score5
WACC3.21%
ROIC/WACC1.72
Cap/Depr(3y)219.04%
Cap/Depr(5y)219.3%
Cap/Sales(3y)10.7%
Cap/Sales(5y)11.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-1.74%
EPS 3Y20.57%
EPS 5Y19.57%
EPS Q2Q%-30.32%
EPS Next Y-10.2%
EPS Next 2Y-4.15%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)6.52%
Revenue growth 3Y15.25%
Revenue growth 5Y9.97%
Sales Q2Q%11.66%
Revenue Next Year3.14%
Revenue Next 2Y3.38%
Revenue Next 3Y2.63%
Revenue Next 5YN/A
EBIT growth 1Y-10.41%
EBIT growth 3Y16.98%
EBIT growth 5Y14.86%
EBIT Next Year19482.1%
EBIT Next 3Y483.69%
EBIT Next 5YN/A
FCF growth 1Y-85.39%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-12.11%
OCF growth 3Y-0.23%
OCF growth 5Y9.04%