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Toyoda Gosei

DB:11T
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
11T
DB
¥219B
Market Cap
  1. Home
  2. DE
  3. Automobiles
Company description

Toyoda Gosei Co., Ltd. manufactures and markets automobile parts, optoelectronic products, and other general industry products. The last earnings update was 60 days ago. More info.


Add to Portfolio Compare Print
  • Toyoda Gosei has significant price volatility in the past 3 months.
11T Share Price and Events
7 Day Returns
-7.7%
DB:11T
-3.6%
DE Auto Components
-0.6%
DE Market
1 Year Returns
-29.9%
DB:11T
-52.5%
DE Auto Components
-20.9%
DE Market
11T Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Toyoda Gosei (11T) -7.7% -19.2% -36.2% -29.9% -38.2% -33.7%
DE Auto Components -3.6% -26.6% -44.8% -52.5% -66.5% -71.2%
DE Market -0.6% -16.6% -26% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 11T outperformed the Auto Components industry which returned -52.5% over the past year.
  • 11T underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
11T
Industry
5yr Volatility vs Market

11T Value

 Is Toyoda Gosei undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Toyoda Gosei to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Toyoda Gosei.

DB:11T Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 9 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:11T
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Auto Components Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.077 (1 + (1- 30.86%) (61.07%))
1.356
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.36
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.356 * 6.33%)
8.19%

Discounted Cash Flow Calculation for DB:11T using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Toyoda Gosei is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:11T DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (JPY, Millions) Source Present Value
Discounted (@ 8.19%)
2020 3,774.00 Analyst x1 3,488.16
2021 20,702.67 Analyst x3 17,685.39
2022 19,545.00 Analyst x3 15,431.85
2023 18,797.61 Est @ -3.82% 13,717.63
2024 18,272.45 Est @ -2.79% 12,324.45
2025 17,893.72 Est @ -2.07% 11,154.90
2026 17,613.18 Est @ -1.57% 10,148.38
2027 17,399.27 Est @ -1.21% 9,265.82
2028 17,230.99 Est @ -0.97% 8,481.20
2029 17,094.18 Est @ -0.79% 7,776.60
Present value of next 10 years cash flows ¥109,474.00
DB:11T DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= ¥17,094.18 × (1 + -0.39%) ÷ (8.19% – -0.39%)
¥198,347.91
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ¥198,347.91 ÷ (1 + 8.19%)10
¥90,233.75
DB:11T Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ¥109,474.00 + ¥90,233.75
¥199,707.75
Equity Value per Share
(JPY)
= Total value / Shares Outstanding
= ¥199,707.75 / 129.43
¥1542.92
DB:11T Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:11T represents 0.00846x of TSE:7282
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.00846x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (JPY) x Listing Adjustment Factor
= ¥ 1,542.92 x 0.00846
€13.05
Value per share (EUR) From above. €13.05
Current discount Discount to share price of €14.30
= -1 x (€14.30 - €13.05) / €13.05
-9.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Toyoda Gosei is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Toyoda Gosei's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Toyoda Gosei's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:11T PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in JPY ¥139.26
TSE:7282 Share Price ** TSE (2020-04-06) in JPY ¥1691
Germany Auto Components Industry PE Ratio Median Figure of 9 Publicly-Listed Auto Components Companies 11.43x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Toyoda Gosei.

DB:11T PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSE:7282 Share Price ÷ EPS (both in JPY)

= 1691 ÷ 139.26

12.14x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toyoda Gosei is overvalued based on earnings compared to the DE Auto Components industry average.
  • Toyoda Gosei is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Toyoda Gosei's expected growth come at a high price?
Raw Data
DB:11T PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.14x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts
43.6%per year
Germany Auto Components Industry PEG Ratio Median Figure of 7 Publicly-Listed Auto Components Companies 0.49x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

DB:11T PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 12.14x ÷ 43.6%

0.28x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toyoda Gosei is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Toyoda Gosei's assets?
Raw Data
DB:11T PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in JPY ¥2,728.93
TSE:7282 Share Price * TSE (2020-04-06) in JPY ¥1691
Germany Auto Components Industry PB Ratio Median Figure of 13 Publicly-Listed Auto Components Companies 0.69x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:11T PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSE:7282 Share Price ÷ Book Value per Share (both in JPY)

= 1691 ÷ 2,728.93

0.62x

* Primary Listing of Toyoda Gosei.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Toyoda Gosei is good value based on assets compared to the DE Auto Components industry average.
X
Value checks
We assess Toyoda Gosei's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Auto Components industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Auto Components industry average (and greater than 0)? (1 check)
  5. Toyoda Gosei has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

11T Future Performance

 How is Toyoda Gosei expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
43.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Toyoda Gosei expected to grow at an attractive rate?
  • Toyoda Gosei's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Toyoda Gosei's earnings growth is expected to exceed the Germany market average.
  • Toyoda Gosei's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:11T Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:11T Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 9 Analysts 43.6%
DB:11T Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 9 Analysts 1.6%
Germany Auto Components Industry Earnings Growth Rate Market Cap Weighted Average 48.7%
Germany Auto Components Industry Revenue Growth Rate Market Cap Weighted Average 2.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:11T Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
All numbers in JPY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:11T Future Estimates Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 858,000 65,096 31,588 9
2021-03-31 822,078 61,228 28,263 9
2020-04-07
2020-03-31 828,011 53,732 11,286 9
DB:11T Past Financials Data
Date (Data in JPY Millions) Revenue Cash Flow Net Income *
2019-12-31 841,662 66,831 18,025
2019-09-30 857,272 66,587 29,997
2019-06-30 844,569 63,418 20,249
2019-03-31 840,714 57,463 23,309
2018-12-31 837,982 16,304
2018-09-30 825,919 56,183 15,390
2018-06-30 823,000 22,471
2018-03-31 806,938 60,848 21,175
2017-12-31 793,820 17,651
2017-09-30 780,252 52,149 18,869
2017-06-30 767,037 17,283
2017-03-31 755,601 60,401 16,233

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Toyoda Gosei's earnings are expected to grow significantly at over 20% yearly.
  • Toyoda Gosei's revenue is expected to grow by 1.6% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:11T Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below

All data from Toyoda Gosei Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:11T Future Estimates Data
Date (Data in JPY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 243.93 276.60 204.20 9.00
2021-03-31 218.27 244.90 187.70 9.00
2020-04-07
2020-03-31 87.15 100.44 68.80 9.00
DB:11T Past Financials Data
Date (Data in JPY Millions) EPS *
2019-12-31 139.26
2019-09-30 231.75
2019-06-30 156.44
2019-03-31 180.08
2018-12-31 125.96
2018-09-30 118.90
2018-06-30 173.61
2018-03-31 163.60
2017-12-31 136.37
2017-09-30 145.78
2017-06-30 133.53
2017-03-31 125.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Toyoda Gosei is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Toyoda Gosei's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Toyoda Gosei has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

11T Past Performance

  How has Toyoda Gosei performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Toyoda Gosei's growth in the last year to its industry (Auto Components).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Toyoda Gosei's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Toyoda Gosei's 1-year earnings growth exceeds its 5-year average (10.6% vs 0.9%)
  • Toyoda Gosei's earnings growth has exceeded the DE Auto Components industry average in the past year (10.6% vs -29.1%).
Earnings and Revenue History
Toyoda Gosei's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Toyoda Gosei Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:11T Past Revenue, Cash Flow and Net Income Data
Date (Data in JPY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 841,662.00 18,025.00 57,651.00
2019-09-30 857,272.00 29,997.00 57,602.00
2019-06-30 844,569.00 20,249.00 57,268.00
2019-03-31 840,714.00 23,309.00 57,714.00
2018-12-31 837,982.00 16,304.00 58,090.00
2018-09-30 825,919.00 15,390.00 58,144.00
2018-06-30 823,000.00 22,471.00 58,175.00
2018-03-31 806,938.00 21,175.00 56,753.00
2017-12-31 793,820.00 17,651.00 54,986.00
2017-09-30 780,252.00 18,869.00 53,803.00
2017-06-30 767,037.00 17,283.00 53,424.00
2017-03-31 755,601.00 16,233.00 52,477.00
2016-12-31 749,031.00 18,874.00 53,738.00
2016-09-30 756,528.00 18,692.00 54,086.00
2016-06-30 772,228.00 21,017.00 53,403.00
2016-03-31 781,886.00 20,255.00 53,918.00
2015-12-31 779,322.00 20,045.00 53,679.00
2015-09-30 768,439.00 21,247.00 52,763.00
2015-06-30 748,106.00 18,472.00 51,644.00
2015-03-31 727,846.00 21,155.00 49,506.00
2014-12-31 703,959.00 22,238.00 48,462.00
2014-09-30 694,480.00 23,172.00 47,545.00
2014-06-30 687,355.00 26,561.00 46,251.00
2014-03-31 689,477.00 26,214.00 45,713.00
2013-12-31 674,844.00 25,779.00 47,332.00
2013-09-30 640,448.00 21,642.00 43,665.00
2013-06-30 618,000.00 20,915.00 41,798.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Toyoda Gosei has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Toyoda Gosei used its assets less efficiently than the DE Auto Components industry average last year based on Return on Assets.
  • Toyoda Gosei's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Toyoda Gosei's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Auto Components industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Toyoda Gosei has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

11T Health

 How is Toyoda Gosei's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Toyoda Gosei's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Toyoda Gosei is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Toyoda Gosei's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Toyoda Gosei's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Toyoda Gosei Company Filings, last reported 3 months ago.

DB:11T Past Debt and Equity Data
Date (Data in JPY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 379,318.00 133,657.00 110,994.00
2019-09-30 382,041.00 129,807.00 116,067.00
2019-06-30 373,246.00 128,642.00 126,763.00
2019-03-31 380,144.00 125,485.00 107,311.00
2018-12-31 367,431.00 112,577.00 89,286.00
2018-09-30 370,220.00 117,278.00 108,548.00
2018-06-30 365,754.00 107,217.00 107,713.00
2018-03-31 353,908.00 108,179.00 104,309.00
2017-12-31 358,552.00 96,095.00 87,258.00
2017-09-30 353,162.00 93,673.00 93,936.00
2017-06-30 341,633.00 84,883.00 92,868.00
2017-03-31 339,461.00 89,022.00 97,553.00
2016-12-31 343,659.00 86,365.00 107,401.00
2016-09-30 316,793.00 82,612.00 98,086.00
2016-06-30 312,761.00 76,170.00 94,456.00
2016-03-31 327,842.00 65,763.00 78,388.00
2015-12-31 343,024.00 73,927.00 87,719.00
2015-09-30 338,227.00 78,968.00 78,330.00
2015-06-30 342,063.00 80,428.00 82,457.00
2015-03-31 338,473.00 84,777.00 85,282.00
2014-12-31 334,378.00 78,917.00 83,299.00
2014-09-30 314,776.00 74,364.00 86,497.00
2014-06-30 301,301.00 65,028.00 80,391.00
2014-03-31 300,276.00 70,206.00 92,364.00
2013-12-31 305,479.00 65,371.00 90,219.00
2013-09-30 290,142.00 65,406.00 84,664.00
2013-06-30 282,506.00 59,183.00 84,999.00
  • Toyoda Gosei's level of debt (34.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (23.6% vs 34.9% today).
  • Debt is well covered by operating cash flow (50.5%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 101.6x coverage).
X
Financial health checks
We assess Toyoda Gosei's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Toyoda Gosei has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

11T Dividends

 What is Toyoda Gosei's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.55%
Current annual income from Toyoda Gosei dividends. Estimated to be 3.94% next year.
If you bought €2,000 of Toyoda Gosei shares you are expected to receive €71 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Toyoda Gosei's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.69%).
  • Toyoda Gosei's dividend is below the markets top 25% of dividend payers in Germany (4.85%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:11T Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 9 Analyst Estimates (S&P Global) See Below
Germany Auto Components Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 6.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 315 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:11T Future Dividends Estimate Data
Date (Data in ¥) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 68.89 9.00
2021-03-31 64.33 9.00
2020-04-07
2020-03-31 60.00 9.00
DB:11T Past Annualized Dividends Data
Date (Data in ¥) Dividend per share (annual) Avg. Yield (%)
2019-11-08 60.000 2.528
2019-10-31 60.000 2.337
2019-06-21 60.000 2.862
2019-04-26 60.000 2.972
2019-02-12 60.000 2.447
2019-02-01 60.000 2.549
2018-11-13 60.000 2.676
2018-10-31 60.000 2.529
2018-07-31 60.000 2.236
2018-06-18 60.000 2.198
2018-04-27 60.000 2.072
2017-10-31 56.000 2.096
2017-06-16 56.000 2.093
2017-04-28 56.000 2.032
2017-02-10 50.000 1.768
2017-02-02 50.000 1.834
2016-11-11 50.000 1.897
2016-10-28 50.000 2.134
2016-06-17 50.000 2.310
2016-04-28 50.000 2.458
2016-02-10 56.000 2.633
2016-02-03 56.000 2.423
2015-11-12 56.000 2.053
2015-10-30 56.000 1.912
2015-06-18 56.000 2.135
2015-04-28 56.000 1.884
2014-10-31 56.000 2.214
2014-07-31 56.000 2.742
2014-06-20 56.000 2.684
2014-04-25 56.000 2.867
2014-02-03 52.000 2.565
2013-11-12 52.000 2.193
2013-10-31 52.000 2.189
2013-06-20 52.000 2.093
2013-04-26 52.000 2.073
2013-02-12 36.000 1.614
2013-02-01 36.000 1.643
2012-11-09 36.000 2.057
2012-10-31 36.000 2.207
2012-07-31 36.000 2.206
2012-06-21 36.000 2.143
2012-04-27 36.000 2.268
2012-02-10 36.000 2.356
2012-02-03 36.000 2.720
2011-11-11 36.000 2.897
2011-10-28 36.000 2.711
2011-06-24 36.000 2.429
2011-04-28 36.000 2.100
2011-02-03 36.000 2.077
2010-10-29 36.000 1.892
2010-04-30 36.000 1.740
2010-02-10 26.000 1.066
2010-02-03 26.000 1.090
2009-11-13 26.000 0.994
2009-10-30 26.000 1.067
2009-06-25 36.000 1.332
2009-04-28 36.000 1.762

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Toyoda Gosei's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Toyoda Gosei's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Toyoda Gosei afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Toyoda Gosei has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

11T Management

 What is the CEO of Toyoda Gosei's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Naoki Miyazaki
AGE 62
TENURE AS CEO 4.8 years
CEO Bio

Mr. Naoki Miyazaki is President of Toyoda Gosei Co., Ltd. since 2018. Mr. Miyazaki served as an Executive Vice President of Toyoda Gosei Co., Ltd. until June 17, 2015 and served as its Assistant to President. Mr. Miyazaki served as the Senior Managing Officer of Toyota Motor Corporation until April 1, 2014 and its Managing Officer since June 2009. He is Director of Toyoda Gosei Co., Ltd.

CEO Compensation
  • Insufficient data for Naoki to compare compensation growth.
  • Insufficient data for Naoki to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Toyoda Gosei management team in years:

3.8
Average Tenure
60
Average Age
  • The tenure for the Toyoda Gosei management team is about average.
Management Team

Naoki Miyazaki

TITLE
President & Director
AGE
62
TENURE
4.8 yrs

Masaki Oka

TITLE
Chief of Finance & Acc. and IT Headquarters
TENURE
3.3 yrs

Hiromasa Zaitsu

TITLE
Chief of General Administration & Human Resources Headquarters

Yamato Suzuki

TITLE
General Manager of Legal Division
TENURE
3.8 yrs

Tomonobu Yamada

TITLE
Chief of General Industry Products Div.
AGE
60
TENURE
6.3 yrs

Toru Koyama

TITLE
Executive VP & Chief of Corporate Planning Division
AGE
60
TENURE
3.8 yrs

Masakazu Hashimoto

TITLE
Corporate Officer & Director
AGE
63
TENURE
3.8 yrs

Hiroshi Yasuda

TITLE
Chief of Env. & Safety & Health Promotion Div.
AGE
60
TENURE
3.8 yrs

Kyoji Ikki

TITLE
President of Toyoda Gosei Asia Co Ltd

Tetsumi Ichioka

TITLE
President of Toyoda Gosel Europe NV
Board of Directors Tenure

Average tenure and age of the Toyoda Gosei board of directors in years:

3.8
Average Tenure
62.5
Average Age
  • The tenure for the Toyoda Gosei board of directors is about average.
Board of Directors

Naoki Miyazaki

TITLE
President & Director
AGE
62

Masaki Oka

TITLE
Chief of Finance & Acc. and IT Headquarters
TENURE
1.8 yrs

Tomonobu Yamada

TITLE
Chief of General Industry Products Div.
AGE
60
TENURE
9.8 yrs

Masakazu Hashimoto

TITLE
Corporate Officer & Director
AGE
63
TENURE
2.8 yrs

Hiroshi Yasuda

TITLE
Chief of Env. & Safety & Health Promotion Div.
AGE
60
TENURE
3.8 yrs

Kimio Yamaka

TITLE
Outside Director
AGE
63
TENURE
3.8 yrs

Sojiro Tsuchiya

TITLE
Outside Director
AGE
70
TENURE
4.8 yrs

Mayumi Matsumoto

TITLE
External Director
TENURE
0.8 yrs

Toru Oguri

TITLE
Audit & Supervisory Board Member

Masami Hadama

TITLE
Outside Audit & Supervisory Board Member
TENURE
6.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Toyoda Gosei's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Toyoda Gosei has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

11T News

Simply Wall St News

11T Company Info

Description

Toyoda Gosei Co., Ltd. manufactures and markets automobile parts, optoelectronic products, and other general industry products. It offers weatherstrips products, such as opening trim weatherstrips, door glass runs, door and outer weatherstrips, and luggage weatherstrips; functional components comprising fuel tank module components, power train parts, and chassis and drive train parts; interior and exterior parts; and safety system products, such as airbags, steering wheels, and others. The company also provides solar LEDs and deep ultraviolet light source modules; and general industry products, such as air conditioning products, home construction components, construction and industrial machinery parts, and LED dynamo lights. It has operations in Japan, the Americas, Europe and Africa, and Asia. The company was founded in 1949 and is headquartered in Kiyosu, Japan.

Details
Name: Toyoda Gosei Co., Ltd.
11T
Exchange: DB
Founded: 1949
¥1,856,477,271
129,434,887
Website: http://www.toyoda-gosei.com
Address: Toyoda Gosei Co., Ltd.
1 Haruhinagahata,
Kiyosu,
Aichi, 452-8564,
Japan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSE 7282 Common Stock The Tokyo Stock Exchange JP JPY 06. Jan 1992
DB 11T Common Stock Deutsche Boerse AG DE EUR 06. Jan 1992
OTCPK TGOS.Y UNSPONSORED ADR Pink Sheets LLC US USD 13. Oct 2008
Number of employees
Current staff
Staff numbers
39,429
Toyoda Gosei employees.
Industry
Auto Parts and Equipment
Automobiles
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/07 00:35
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/24
Last earnings filing: 2020/02/07
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.