Toyo Financial Statements From 2010 to 2026
| TYR Stock | EUR 23.80 0.40 1.71% |
Check Toyo Tires financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Toyo Tires' main balance sheet or income statement drivers, such as , as well as many indicators such as . Toyo financial statements analysis is a perfect complement when working with Toyo Tires Valuation or Volatility modules.
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Toyo Tires Rubber Company Return On Equity Analysis
Toyo Tires' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Toyo Tires Return On Equity | 6.27 |
Most of Toyo Tires' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Toyo Tires Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Based on the latest financial disclosure, Toyo Tires Rubber has a Return On Equity of 6.27. This is 74.17% higher than that of the Consumer Cyclical sector and 49.19% lower than that of the Rubber & Plastics industry. The return on equity for all Germany stocks is notably lower than that of the firm.
Toyo Tires Rubber Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Toyo Tires's current stock value. Our valuation model uses many indicators to compare Toyo Tires value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Toyo Tires competition to find correlations between indicators driving Toyo Tires's intrinsic value. More Info.Toyo Tires Rubber is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.79 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Toyo Tires Rubber is roughly 1.27 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Toyo Tires' earnings, one of the primary drivers of an investment's value.About Toyo Tires Financial Statements
Toyo Tires stakeholders use historical fundamental indicators, such as Toyo Tires' revenue or net income, to determine how well the company is positioned to perform in the future. Although Toyo Tires investors may analyze each financial statement separately, they are all interrelated. For example, changes in Toyo Tires' assets and liabilities are reflected in the revenues and expenses on Toyo Tires' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Toyo Tires Rubber. Please read more on our technical analysis and fundamental analysis pages.
Toyo Tire Corporation manufactures and sells tires in Japan and internationally. Toyo Tire Corporation was founded in 1945 and is headquartered in Itami City, Japan. TOYO TIRE is traded on Frankfurt Stock Exchange in Germany.
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Other Information on Investing in Toyo Stock
Toyo Tires financial ratios help investors to determine whether Toyo Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Toyo with respect to the benefits of owning Toyo Tires security.