WATCH Toenec Corporation (1946.T)
Industrials · Engineering & Construction · JPX · Japan
48
Final Score
-76.2%
Margin of Safety
59
Quality Score
¥2,315
Current Price
¥216.4B
Market Cap
Key Metrics
Pe Ratio
12.07
Pb Ratio
1.39
Ev Ebitda
7.17
Roe
13.9%
Gross Margin
18.7%
Operating Margin
8.2%
Net Margin
7.4%
Dividend Yield
347.0%
Debt To Equity
47.02
Current Ratio
1.76
Beta
0.57
📈 Trend Charts
Revenue Trend
EPS Trend
Net Income Trend
Free Cash Flow Trend
Intrinsic Value Estimates
Low
¥1,051
Base
¥1,314
High
¥1,576
Pipeline Stage Details
Stage A — Hard Filters ✅
Pe Ratio
12.07
Eps Positive Years
3.00
Eps Lookback
4.00
Fcf Positive Years
4.00
Fcf Lookback
4.00
Debt To Equity
0.47
Current Ratio
1.76
Dilution Cagr
-0.00
Stage B — Quality Score: 59/100
Stage C — Cyclicality: MED
Normalized EPS
¥87.03
Stage F — Final Score Breakdown
| Component | Weighted Score |
|---|---|
| Valuation | 3.0 |
| Earnings Quality | 14.8 |
| Balance Sheet | 16.0 |
| Stability | 8.2 |
| Moat Proxies | 5.7 |
Top Drivers
- Reasonable P/E of 12.1x — below long-run market average (~15-17x), suggesting the stock is not overpriced.
- Conservative leverage: D/E ratio of 0.47x is well within Graham's maximum of 1.0x, reducing insolvency risk.
Top Risks
- Moderate cyclicality (Cyclical sector: Industrials) — earnings may fluctuate.
Financial History
| Year | Revenue | Gross Profit | Operating Income | Net Income | EPS |
|---|---|---|---|---|---|
| 2023 | ¥232.1B | ¥32.3B | ¥10.3B | ¥-5.5B | ¥-59.37 |
| 2024 | ¥252.9B | ¥37.4B | ¥15.9B | ¥9.3B | ¥99.96 |
| 2025 | ¥271.0B | ¥40.5B | ¥16.0B | ¥10.8B | ¥115.66 |
| 2026 | ¥272.5B | ¥48.4B | ¥21.4B | ¥17.8B | ¥191.87 |
Cash Flow History
| Year | Operating CF | CapEx | Free Cash Flow |
|---|---|---|---|
| 2022 | N/A | N/A | N/A |
| 2023 | ¥12.6B | ¥-2.4B | ¥10.3B |
| 2024 | ¥19.1B | ¥-3.3B | ¥15.8B |
| 2025 | ¥19.0B | ¥-6.2B | ¥12.9B |
| 2026 | ¥26.1B | ¥-7.1B | ¥19.0B |