ScoreWhy is TOA Corp. (6809) ?
1
Poor Management Efficiency with a low ROE of 4.54%
- The company has been able to generate a Return on Equity (avg) of 4.54% signifying low profitability per unit of shareholders funds
2
Weak Long Term Fundamental Strength with a 14.04% CAGR growth in Operating Profits over the last 5 years
- The company has been able to generate a Return on Equity (avg) of 4.54% signifying low profitability per unit of shareholders funds
3
Poor long term growth as Net Sales has grown by an annual rate of 4.96% and Operating profit at 14.04% over the last 5 years
4
Flat results in Mar 26
- INTEREST(Q) At JPY 21 MM has Grown at 16.67%
- RAW MATERIAL COST(Y) Grown by 7.92% (YoY)
5
With ROE of 7.03%, it has a very attractive valuation with a 0.99 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 48.88%, its profits have risen by 79.7% ; the PEG ratio of the company is 0.2
- At the current price, the company has a high dividend yield of 0
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to TOA Corp. (6809) should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is TOA Corp. (6809) for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
TOA Corp. (6809)
48.88%
1.42
37.58%
Japan Nikkei 225
59.79%
2.03
29.50%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
4.96%
EBIT Growth (5y)
14.04%
EBIT to Interest (avg)
45.15
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.33
Sales to Capital Employed (avg)
0.99
Tax Ratio
27.79%
Dividend Payout Ratio
84.99%
Pledged Shares
0
Institutional Holding
0.07%
ROCE (avg)
9.53%
ROE (avg)
4.54%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
0.99
EV to EBIT
6.57
EV to EBITDA
4.78
EV to Capital Employed
0.98
EV to Sales
0.60
PEG Ratio
0.18
Dividend Yield
NA
ROCE (Latest)
14.98%
ROE (Latest)
7.03%
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend7What is working for the Company
DIVIDEND PAYOUT RATIO(Y)
Highest at 161.53%
NET PROFIT(9M)
Higher at JPY 3,417.83 MM
CASH AND EQV(HY)
Highest at JPY 51,864 MM
DEBT-EQUITY RATIO
(HY)
Lowest at -44.61 %
INVENTORY TURNOVER RATIO(HY)
Highest at 2.06 times
DIVIDEND PER SHARE(HY)
Highest at JPY 5.05
NET SALES(Q)
Highest at JPY 16,749 MM
-3What is not working for the Company
INTEREST(Q)
At JPY 21 MM has Grown at 16.67%
RAW MATERIAL COST(Y)
Grown by 7.92% (YoY
Here's what is working for TOA Corp. (6809)
Net Sales
Highest at JPY 16,749 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (JPY MM)
Cash and Eqv
Highest at JPY 51,864 MM
in the last six Semi-Annual periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents
Debt-Equity Ratio
Lowest at -44.61 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Inventory Turnover Ratio
Highest at 2.06 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Dividend per share
Highest at JPY 5.05
in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (JPY)
Net Profit
Higher at JPY 3,417.83 MM
than preceding 12 month period ended Mar 2026MOJO Watch
In the nine month period the company has already crossed sales of the previous twelve months
Net Profit (JPY MM)
Dividend Payout Ratio
Highest at 161.53%
in the last five yearsMOJO Watch
Company is distributing higher proportion of profits generated as dividend
DPR (%)
Depreciation
Highest at JPY 565 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (JPY MM)
Depreciation
At JPY 565 MM has Grown at 27.25%
period on period (QoQ)MOJO Watch
The expenditure on assets done by the company has gone into productive use which should positively reflect in the future sales
Depreciation (JPY MM)
Here's what is not working for TOA Corp. (6809)
Interest
At JPY 21 MM has Grown at 16.67%
period on period (QoQ)MOJO Watch
Rising interest cost signifies increased borrowings
Interest Paid (JPY MM)
Raw Material Cost
Grown by 7.92% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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