Taiyo Yuden (TYOYY) AI Stock Analysis

• Market Cap: $3.48B
• Dividend Yield: 2.27%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 15.2
• Beta (1Y): 0.97
• Revenue Growth: 5.61%
• EPS Growth: -47.06%
• Country: US
• Employees: 21,823
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 1.46
• Shares Outstanding: 32,554,620
• 10 Day Avg. Volume: 0
• 30 Day Avg. Volume: 0
• PEG Ratio: -2.12
• Price to Book (P/B): 1.11
• Price to Sales (P/S): 1.04
• P/FCF Ratio: -12.36
• Enterprise Value/Market Cap: 180.57
• Enterprise Value/Revenue: 1.82
• Enterprise Value/Gross Profit: 8.70
• Enterprise Value/Ebitda: 11.51
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.6
• Revenue Forecast (FY): $2.27B

• Rating: 53 Neutral
• Price Target: $110.00 ▲(19.75% Upside)
• Action: Reiterated Date: 02/26/26
• Date: Action: Reiterated 02/26/26

The score is held back primarily by weakening profitability and cash flow concerns, with moderate balance-sheet risk from higher leverage. Technicals are supportive due to strong trend momentum, but overbought signals add near-term risk. Valuation is a major headwind given the very high P/E and modest yield.

Positive Factors

Market position & product leadership

Taiyo Yuden's leadership in MLCCs and passive components anchors durable demand from smartphones, automotive and telecom OEMs. Specialized manufacturing know‑how and product reputation create high barriers to entry and long‑term customer relationships, supporting stable order streams and pricing power over the next several months.

Diversified OEM partnerships and end markets

A broad customer base across consumer electronics, automotive and telecom, plus partnerships with major tech firms and automakers, reduces single‑customer risk and cyclicality. Stable OEM relationships tend to produce recurring orders and multi‑year supply arrangements that support revenue resilience and predictable production planning.

Balanced asset structure / stable equity ratio

A stable equity ratio indicates a reasonable capital structure that can absorb shocks and fund operations without immediate recapitalization. Even with rising leverage, a balanced asset mix provides a buffer for working capital and investment, supporting operational continuity and medium‑term strategic initiatives.

Negative Factors

Deteriorating profitability and margins

Persistent margin compression across gross, EBIT and net levels suggests structural cost pressure or pricing erosion versus peers. Reduced profitability limits internal funding for R&D and capex, weakens ROE, and constrains the company's ability to reinvest—risks that can persist for multiple quarters absent material efficiency or pricing gains.

Weak cash generation / negative free cash flow

Declining operating cash flow and negative free cash flow point to strained liquidity and reduced ability to self‑fund operations, dividends or capex. Over 2–6 months this can force external financing, curtail growth investments or increase sensitivity to working capital swings, undermining strategic flexibility.

Rising leverage elevates balance‑sheet risk

An increasing debt burden paired with falling ROE raises interest and refinancing risk. With weaker cash flow, higher leverage reduces financial flexibility, increases fixed costs, and magnifies downside in a market slowdown—creating a structural vulnerability over the medium term unless leverage is reined in.

Taiyo Yuden Business Overview & Revenue Model

Company Description

Taiyo Yuden Co., Ltd. develops, manufactures, and sells electronic components worldwide. It offers multilayer ceramic capacitors for use in smartphones, automobiles, and other devices; ferrite and applied products, such as inductors used in electronic equipment power and high-frequency circuits; integrated modules and devices, including film bulk acoustic resonator/surface acoustic wave devices for mobile communications and power supply modules; and other electronic components, such as energy devices used as backup power equipment for smart meters and other similar products, as well as peak current assistance for LED flashes. The company also provides noise suppression parts, such as bead inductors, common-mode choke coils, multilayer EMI suppression filters, and ring varistors; chip antennas; balun transformers; wireless modules; and aluminum electrolytic capacitors. Taiyo Yuden Co., Ltd. was founded in 1950 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Taiyo Yuden generates revenue primarily through the sale of electronic components, focusing on passive components such as capacitors and inductors. The company has established a diverse revenue model that includes direct sales to original equipment manufacturers (OEMs) and distributors across various industries, such as consumer electronics, automotive, and telecommunications. Key revenue streams come from high-demand products like multilayer ceramic capacitors (MLCCs), which are widely used in smartphones and other electronic devices. Additionally, Taiyo Yuden benefits from partnerships with major tech companies and automakers, which provide a steady flow of orders. The company's investment in research and development also allows it to innovate and expand its product offerings, contributing to its profitability.

Taiyo Yuden Financial Statement Overview

Summary

Mixed fundamentals: modest recent revenue growth, but profitability has deteriorated (declining gross/net and EBIT/EBITDA margins). Balance sheet is moderate but with rising leverage and lower ROE. Cash flow is the main weakness, with declining operating cash flow and negative free cash flow dynamics raising liquidity risk.

Income Statement

Taiyo Yuden's income statement shows a mixed performance. The company has experienced fluctuating revenue growth, with a recent positive growth rate of 1.75% after a decline in the previous year. Gross profit margins have decreased over the years, indicating potential cost pressures. Net profit margins have also declined significantly, suggesting challenges in maintaining profitability. The EBIT and EBITDA margins have shown a downward trend, reflecting reduced operational efficiency.

Balance Sheet

The balance sheet indicates a moderate financial position. The debt-to-equity ratio has increased, suggesting higher leverage, which could pose risks if not managed properly. Return on equity has decreased, indicating reduced profitability for shareholders. However, the equity ratio remains stable, reflecting a balanced asset structure.

Cash Flow

Cash flow analysis reveals concerns, particularly with negative free cash flow growth and a negative free cash flow to net income ratio, indicating cash flow challenges. Operating cash flow has decreased, impacting the company's ability to cover its net income. These factors highlight potential liquidity issues that need addressing.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	345.11B	341.44B	322.65B	319.50B	349.64B	300.92B
Gross Profit	72.27B	71.57B	65.32B	87.42B	124.98B	88.95B
EBITDA	54.59B	56.42B	53.28B	66.83B	99.43B	69.75B
Net Income	-4.86B	2.33B	8.32B	23.22B	54.36B	28.61B
Balance Sheet
Total Assets	584.37B	573.19B	579.69B	503.46B	474.52B	404.64B
Cash, Cash Equivalents and Short-Term Investments	85.53B	78.17B	102.78B	87.20B	92.57B	84.30B
Total Debt	170.29B	164.40B	148.84B	98.94B	72.98B	73.75B
Total Liabilities	270.88B	254.02B	249.59B	184.99B	174.24B	160.70B
Stockholders Equity	313.49B	319.17B	330.10B	318.48B	300.29B	243.94B
Cash Flow
Free Cash Flow	0.00	-28.77B	-28.80B	-23.88B	15.76B	8.97B
Operating Cash Flow	0.00	33.94B	51.10B	39.46B	67.31B	52.88B
Investing Cash Flow	0.00	-63.53B	-82.79B	-60.44B	-50.62B	-42.22B
Financing Cash Flow	0.00	3.05B	37.65B	14.48B	-14.71B	12.60B

Taiyo Yuden Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 91.86
• 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 TYOYY, the sentiment is Positive. The current price of 91.86 is below the 20-day moving average (MA) of 111.85, below the 50-day MA of 98.17, and above the 200-day MA of 86.09, indicating a neutral trend. The MACD of 6.68 indicates Positive momentum. The RSI at 48.55 is Neutral, neither overbought nor oversold. The STOCH value of 11.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TYOYY.

Taiyo Yuden Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VICR	77 Outperform	$8.25B	41.35	18.50%	―	11.55%	1745.46%
CTS	68 Neutral	$1.47B	19.37	10.98%	0.36%	3.70%	1.68%
ROG	68 Neutral	$1.95B	-27.26	-5.34%	―	-4.87%	-235.48%
BHE	66 Neutral	$1.96B	61.39	3.37%	1.44%	-2.93%	-40.33%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TYOYY	53 Neutral	$3.48B	15.16	1.31%	2.27%	5.61%	-47.06%