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TOYO · Nasdaq · United States · Semiconductors & Related Devices
In shortTOYO Co., Ltd is profitable, generates cash and holds more cash than debt, with revenue growing (+141.5% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 13.8% | 63/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 9.3% | 57/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 46.5% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 35.8% | 100/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.58× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.05× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 17.79× | 100/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 0.08 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 9.6% | 59/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.04× | 92/100 |
| Years with positive free cash flow (last 5) | 2 of 3 | 58/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 3 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 2 | 100/100 |
| Revenue growth volatility | 29.8% | 1/100 |
| Operating margin volatility | 7.2% | 44/100 |
Weight in the score: 20%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 62 | 177 | 427 |
| Cost of revenue | 46 | 155 | 331 |
| Gross profit | 17 | 22 | 96 |
| Operating income | 12 | 8.9 | 59 |
| Interest expense | 3.3 | 3.3 | 3.3 |
| Pre-tax income | 9.9 | 41 | 53 |
| Income tax | – | 0.8 | 15 |
| Net income | 9.9 | 41 | 40 |
| Diluted EPS | $0.24 | $1.09 | $1.13 |
| Diluted shares (millions) | 41 | 31 | 30 |
0.08 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated Apr 1, 2026