Taiyo Yuden (TYOYY) AI Stock Analysis

• Market Cap: $3.24B
• Dividend Yield: 2.27%
• Average Volume (3M): 0.00
• Price to Earnings (P/E): 15.2
• Beta (1Y): 1.02
• 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: 174.88
• Enterprise Value/Revenue: 1.64
• Enterprise Value/Gross Profit: 7.84
• Enterprise Value/Ebitda: 10.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 2.64
• Revenue Forecast (FY): $2.27B

• Rating: 53 Neutral
• Price Target: $105.00 ▲(14.30% 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

Product specialization (MLCCs & inductors)

Deep product specialization in MLCCs, inductors and related passive components supports durable technical expertise, manufacturing know-how and customer qualification advantages. This specialization helps sustain long-term customer relationships and higher barriers to entry versus generalist competitors.

Stable end-market exposure (automotive & industrial)

Exposure to automotive and industrial markets, which prioritize high-reliability parts, can produce steadier, higher-margin orders and longer qualification cycles. Structural demand from these end markets supports multi-month to multi-year revenue visibility and reduces sensitivity to consumer cycles.

Moderate balance-sheet with stable equity ratio

A stable equity ratio indicates a balanced asset-financing mix that provides operational resilience and capacity to absorb shocks. While leverage has risen, the maintained equity base supports ongoing capital spending and supplier/customer confidence over the medium term.

Negative Factors

Deteriorating profitability margins

Sustained declines in gross, operating and net margins signal structural margin pressure from cost increases, mix shifts, or pricing weakness. Lower margins erode reinvestment capacity and shareholder returns, making it harder to fund R&D, capacity expansion, or weather prolonged market softness.

Weak cash flow and negative FCF dynamics

Declining operating cash flow and negative free cash flow undermine financial flexibility and increase reliance on external financing. Over months, weak cash generation can constrain capex timing, working capital management, and dividend/payout sustainability, elevating liquidity risk.

Rising leverage and lower ROE

Higher leverage combined with falling ROE reduces balance-sheet resilience and intensifies refinancing and interest-rate exposure. If earnings remain weak, servicing added debt can crowd out growth investments and heighten risk of covenant pressure over the medium term.

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 primarily makes money by manufacturing and selling electronic components to equipment makers and electronics supply chains, earning revenue from product shipments priced per unit and influenced by product mix, specifications, and volume commitments. Its key revenue streams are sales of passive components—especially MLCCs and inductors—where demand is driven by the number of components required per device and by performance requirements (e.g., size, capacitance/inductance characteristics, reliability, and temperature tolerance). The company also generates revenue from sales of modules and other devices that integrate multiple components or add functional value, typically commanding different pricing based on design complexity and qualification requirements. Across these lines, earnings are affected by capacity utilization, manufacturing yields, raw-material and energy costs, and the ability to supply high-reliability parts (notably for automotive and industrial uses) that can support more stable, higher-value demand. Specific material partnerships, customer concentration details, or contract structures are not available in the provided prompt and are therefore null.

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: Neutral
• 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 Neutral. The current price of 91.86 is below the 20-day moving average (MA) of 114.63, below the 50-day MA of 99.80, and above the 200-day MA of 87.02, indicating a neutral trend. The MACD of 1.59 indicates Positive momentum. The RSI at 44.82 is Neutral, neither overbought nor oversold. The STOCH value of 10.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	$8.11B	41.35	18.74%	―	11.55%	1745.46%
CTS	68 Neutral	$1.38B	19.37	11.94%	0.36%	3.70%	1.68%
ROG	68 Neutral	$1.87B	-27.26	-5.07%	―	-4.87%	-235.48%
BHE	66 Neutral	$1.95B	61.39	2.25%	1.44%	-2.93%	-40.33%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TYOYY	53 Neutral	$3.24B	15.16	1.31%	2.27%	5.61%	-47.06%