Toyo Sugar Refining Co., Ltd. (2107) AI Stock Analysis

• Market Cap: $11.30B
• Dividend Yield: 1.69%
• Average Volume (3M): 7.82K
• Price to Earnings (P/E): 46.5
• Beta (1Y): 0.51
• Revenue Growth: 5.79%
• EPS Growth: -83.94%
• Country: JP
• Employees: 78
• Sector: Consumer Defensive
• Sector Strength: 64
• Industry: Food Confectioners
• EPS (TTM): -101.71
• Shares Outstanding: 7
• 10 Day Avg. Volume: 9,670
• 30 Day Avg. Volume: 7,823
• PEG Ratio: -7.65
• Price to Book (P/B): 0.99
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.80
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 65 Neutral
• Price Target: $2,228.00 ▲(7.48%Upside)

The overall stock score is driven by strong financial performance, particularly a robust balance sheet and revenue growth. However, high valuation and declining profitability metrics pose significant risks. Technical analysis suggests moderate bullish momentum, though caution is warranted due to overbought signals.

Toyo Sugar Refining Co., Ltd. Business Overview & Revenue Model

Company Description

Toyo Sugar Refining Co., Ltd. (2107) is a Japan-based company primarily engaged in the manufacture and sale of sugar and sugar-related products. The company operates in the food processing sector, focusing on refining raw sugar into various forms of processed sugars, which are distributed to both domestic and international markets. Additionally, Toyo Sugar Refining is involved in the production of by-products derived from the sugar refining process, which are utilized in various industries such as food and beverage, pharmaceuticals, and agriculture.

How the Company Makes Money

Toyo Sugar Refining Co., Ltd. generates revenue primarily through the sale of refined sugar products. The company's key revenue streams include wholesale distribution of sugar to food manufacturers, retailers, and other industries that utilize sugar in their production processes. The company also sells sugar by-products, such as molasses and bagasse, to various sectors like animal feed and biofuel production. Strategic partnerships with agricultural producers ensure a steady supply of raw sugar, while collaborations with distributors and retailers facilitate broad market reach. Furthermore, fluctuations in global sugar prices and trade policies may significantly impact the company's earnings.

Toyo Sugar Refining Co., Ltd. Financial Statement Overview

Summary

Toyo Sugar Refining Co., Ltd. shows strong financial health with robust revenue growth and profitability metrics. The balance sheet is impressive with high equity and no debt, indicating financial stability. Cash flows are positive, but there is a need to focus on sustaining operational cash flow for liquidity.

Income Statement

Toyo Sugar Refining Co., Ltd. demonstrates strong revenue growth with a notable increase from previous periods. The TTM (Trailing-Twelve-Months) gross profit margin stands at a healthy 17.05%, indicating efficient production cost management. Both EBIT and EBITDA margins reflect robust operational performance, with TTM EBIT margin at 7.27% and EBITDA margin at 8.34%. Though the net profit margin decreased slightly in the TTM compared to the previous annual period, the company maintains sound profitability.

Balance Sheet

The balance sheet shows impressive financial stability. The company's equity ratio is high at 81.87%, reflecting a strong equity base. The company has no total debt, eliminating leverage risks, and the return on equity is robust, highlighting effective use of shareholders' funds. These factors contribute to a solid financial position with minimal risk from liabilities.

Cash Flow

The cash flow analysis reveals a positive free cash flow growth rate, though it has decreased in the TTM. The operating cash flow to net income ratio suggests effective conversion of earnings into cash. While free cash flow to net income ratio is favorable, indicating good liquidity, the decline in cash flow from operations in the TTM signals a need to monitor future cash generation closely.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
18.25B	17.41B	15.13B	13.40B	12.91B	13.52B
	Gross Profit
3.11B	2.73B	2.04B	2.19B	2.79B	2.98B
	EBIT
1.33B	1.02B	455.00M	646.00M	828.00M	969.00M
	EBITDA
1.52B	2.04B	601.00M	797.00M	569.00M	1.14B
	Net Income Common Stockholders
1.02B	1.51B	459.00M	514.00M	295.00M	758.00M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
4.43B	4.60B	3.76B	3.83B	3.49B	3.23B
	Total Assets
13.94B	13.70B	11.85B	11.68B	11.18B	11.57B
	Total Debt
0.00	25.00M	31.00M	38.00M	0.00	501.00M
	Net Debt
-4.43B	-4.58B	-3.73B	-3.79B	-3.49B	-2.73B
	Total Liabilities
2.53B	2.54B	1.85B	1.95B	1.77B	2.24B
	Stockholders Equity
11.41B	11.15B	10.00B	9.73B	9.41B	9.33B
Cash Flow		Free Cash Flow
673.00M	1.41B	95.00M	619.00M	585.00M	650.00M
	Operating Cash Flow
697.00M	1.48B	135.00M	658.00M	631.00M	685.00M
	Investing Cash Flow
-165.00M	-125.00M	-11.00M	-129.00M	402.00M	-99.00M
	Financing Cash Flow
-510.00M	-507.00M	-195.00M	-193.00M	-772.00M	-217.00M

Toyo Sugar Refining Co., Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 2073.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:2107, the sentiment is Positive. The current price of 2073 is below the 20-day moving average (MA) of 2073.35, above the 50-day MA of 2071.82, and above the 200-day MA of 1681.64, indicating a neutral trend. The MACD of 1.46 indicates Positive momentum. The RSI at 63.87 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:2107.

Toyo Sugar Refining Co., Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
2114	78 Outperform	¥27.29B	9.91		3.57%	8.96%	21.96%
2112	78 Outperform	¥9.09B	4.29		2.98%	3.07%	44.34%
2117	76 Outperform	¥72.63B	13.26		4.97%	5.29%	0.87%
2108	71 Outperform	¥32.80B	10.88		3.42%	-6.50%	48.53%
2107	65 Neutral	$11.30B	46.52		1.69%	5.79%	-83.94%
Sector *	65 Neutral	$8.73B	15.10	4.69%	4.08%	3.64%	-2.90%
2109	61 Neutral	¥96.14B	15.77		4.23%	4.69%	-25.47%

Toyo Sugar Refining Co., Ltd. Corporate Events

Toyo Sugar Supports WELLNEO SUGAR’s Tender Offer for Delisting

Toyo Sugar Refining Co., Ltd. has announced its board’s decision to support a tender offer by WELLNEO SUGAR Co., Ltd., which aims to make Toyo Sugar a wholly-owned subsidiary, leading to the delisting of its shares. This move, intended to enhance operational synergy and corporate alignment, could impact shareholders significantly as they are encouraged to tender their shares.