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TOYO Co., Ltd. (TOYO)

Technology | Solar | Tokyo, Japan | NasdaqCM
5.75 USD -0.30 (-4.959%) ⇩ (July 13, 2026, 4 p.m. EDT)
After hours: 5.80 +0.05 (0.870%) ⇧ (July 13, 2026, 7:49 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★★⯪☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 2:41 a.m. EDT

The investment case here is a classic 'value trap' with a speculative overlay. Fundamentally, the company shows explosive growth (+135% YoY last year) and a massive discount to book value, yet the stock has cratered 85% over the last two years, leaving it trading at a fraction of its sales. The balance sheet is fragile, with debt significantly exceeding cash, which explains the market's harsh punishment. However, the recent price action shows a violent capitulation followed by a tentative stabilization, and the options market is screaming for a reversal, betting big on a bounce to the $10-$15 range. While the long-term business story appears to be turning positive based on recent revenue and margin expansion, the equity is currently priced for further distress. I am leaning slightly bullish on the turnaround potential given the deep discount and growth re-acceleration, but the lack of dividends and high leverage keeps me from being fully convinced.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.210574
MSTL0.229322
AutoETS0.235322
AutoARIMA0.235325

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 22%
H-stat 8.24
Ljung-Box p 0.000
Jarque-Bera p 0.001
Excess Kurtosis 0.68
Attribute Value
Sector Technology
Debt to Equity Ratio 83.518
Revenue per Share 16.665
Market Cap 245,633,952
Trailing P/E 2.95
Forward P/E 1.42
Beta 1.42
Profit Margins 13.75%
Previous Name TOYO Co., Ltd
Website https://www.toyo-solar.com

As of July 11, 2026, 2:41 a.m. EDT: Speculators are overwhelmingly positioning for a rebound, with massive open interest in out-of-the-money calls (strikes 10, 12.5, 15) compared to negligible put volume. This 'call skew' suggests a bet on a sharp recovery from current lows, despite the underlying asset being deeply out-of-the-money relative to these strikes. The implied volatility is elevated on the upside, indicating fear of a gap up or a 'dead cat bounce' rather than a sustained downtrend.


Info Dump

Attribute Value
52 Week Change 0.6805556
Address1 Tennoz First Tower
Address2 16F 2-2-4 Higashi-shinagawa Shinagawa-ku
All Time High 17.43
All Time Low 1.36
Ask 7.42
Ask Size 2
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 1,145,510
Average Daily Volume3 Month 647,716
Average Volume 647,716
Average Volume10Days 1,145,510
Beta 1.424
Bid 4.33
Bid Size 2
Book Value 3.702
City Tokyo
Country Japan
Crypto Tradeable 0
Currency USD
Current Price 5.75
Current Ratio 0.681
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 6.05
Day Low 5.74
Debt To Equity 83.518
Display Name TOYO
Earnings Call Timestamp End 1,779,107,400
Earnings Call Timestamp Start 1,779,107,400
Earnings Timestamp 1,779,107,400
Earnings Timestamp End 1,786,969,800
Earnings Timestamp Start 1,786,969,800
Ebitda 140,988,640
Ebitda Margins 0.27186
Enterprise To Ebitda 1.982
Enterprise To Revenue 0.539
Enterprise Value 279,501,632
Eps Forward 4.06
Eps Trailing Twelve Months 1.95
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 11.7786
Fifty Day Average Change -6.0285997
Fifty Day Average Change Percent -0.5118265
Fifty Two Week Change Percent 68.05556
Fifty Two Week High 17.43
Fifty Two Week High Change -11.68
Fifty Two Week High Change Percent -0.67010903
Fifty Two Week Low 3.56
Fifty Two Week Low Change 2.19
Fifty Two Week Low Change Percent 0.6151686
Fifty Two Week Range 3.56 - 17.43
Financial Currency USD
First Trade Date Milliseconds 1,647,523,800,000
Float Shares 9,801,480
Forward Eps 4.06
Forward P E 1.4162562
Full Exchange Name NasdaqCM
Full Time Employees 2,552
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.26860002
Gross Profits 139,297,408
Has Pre Post Market Data 1
Held Percent Insiders 0.78949
Held Percent Institutions 0.03445
Implied Shares Outstanding 42,718,948
Industry Solar
Industry Disp Solar
Industry Key solar
Ipo Expected Date 2,024-07-02
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary 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.
Long Name TOYO Co., Ltd.
Market us_market
Market Cap 245,633,952
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_1853063244
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-13
Net Income To Common 64,988,840
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 258,449,635
Number Of Analyst Opinions 2
Open 6.04
Operating Cashflow 162,705,568
Operating Margins 0.25404
Payout Ratio 0.0
Phone 81 3 6433 2789
Post Market Change 0.05000019
Post Market Change Percent 0.8695685
Post Market Price 5.8
Post Market Time 1,783,986,583
Prev Name TOYO Co., Ltd
Previous Close 6.05
Price Hint 2
Price To Book 1.5532146
Price To Sales Trailing12 Months 0.47363728
Profit Margins 0.13753
Quick Ratio 0.237
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change -0.3
Regular Market Change Percent -4.95868
Regular Market Day High 6.05
Regular Market Day Low 5.74
Regular Market Day Range 5.74 - 6.05
Regular Market Open 6.04
Regular Market Previous Close 6.05
Regular Market Price 5.75
Regular Market Time 1,783,972,800
Regular Market Volume 627,530
Return On Equity 0.69547
Revenue Growth 1.77
Revenue Per Share 16.665
Sand P52 Week Change 0.20847368
Sector Technology
Sector Disp Technology
Sector Key technology
Shares Outstanding 42,718,948
Shares Percent Shares Out 0.0519
Shares Short 2,215,710
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 1,132,881
Short Name TOYO Co., Ltd
Short Percent Of Float 0.0523
Short Ratio 2.01
Source Interval 15
Symbol TOYO
Target High Price 18.0
Target Low Price 15.0
Target Mean Price 16.5
Target Median Price 16.5
Total Cash 54,364,064
Total Cash Per Share 1.44
Total Debt 116,751,472
Total Revenue 518,611,936
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps 1.95
Trailing P E 2.9487178
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 8.71294
Two Hundred Day Average Change -2.9629402
Two Hundred Day Average Change Percent -0.34006205
Type Disp Equity
Volume 627,530
Website https://www.toyo-solar.com
Zip 140-0002