The Discounted Cash Flow (DCF) valuation of Toyota Industries Corp (6201.T) is 26,113 JPY. With the latest stock price at 18,145 JPY, the upside of Toyota Industries Corp based on DCF is 43.9%.
Based on the latest price of 18,145 JPY and our DCF valuation, Toyota Industries Corp (6201.T) is a buy. Buying 6201.T stocks now will result in a potential gain of 43.9%.
Range | Selected | |
WACC / Discount Rate | 6.5% - 8.3% | 7.4% |
Long-term Growth Rate | 2.0% - 4.0% | 3.0% |
Fair Price | 17,296.27 - 48,626.23 | 26,113.55 |
Upside | -4.7% - 168.0% | 43.9% |
(JPY in millions) | Projections | |||||
03-2025 | 03-2026 | 03-2027 | 03-2028 | 03-2029 | 03-2030 | |
Revenue | 4,084,984 | 4,190,499 | 4,414,977 | 4,781,817 | 5,187,410 | 5,734,449 |
% Growth | 7% | 3% | 5% | 8% | 8% | 11% |
Cost of goods sold | (3,133,410) | (3,053,629) | (3,056,346) | (3,144,783) | (3,240,946) | (3,403,585) |
% of Revenue | 77% | 73% | 69% | 66% | 62% | 59% |
Selling, G&A expenses | (723,853) | (742,550) | (782,327) | (847,331) | (919,201) | (1,016,136) |
% of Revenue | 18% | 18% | 18% | 18% | 18% | 18% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 123,742 | 126,938 | 133,738 | 144,850 | 157,137 | 173,707 |
% of Revenue | 3% | 3% | 3% | 3% | 3% | 3% |
Tax expense | (80,215) | (121,948) | (166,114) | (218,639) | (277,090) | (348,220) |
Tax rate | 23% | 23% | 23% | 23% | 23% | 23% |
Net profit | 271,248 | 399,310 | 543,928 | 715,915 | 907,309 | 1,140,216 |
% Margin | 7% | 10% | 12% | 15% | 17% | 20% |