Research for the Stock Performance of Toyota Industries Group with Multiple Valuations

DOI

10.2991/aebmr.k.220307.417How to use a DOI?

Keywords

Price-Earnings (P/E) ratio; EV/EBITDA; multiple valuations; stock price

Abstract

Multiple valuations are the main tool to value the stock prices of a company, examining the financial situation and stock price between the company and its main competitors. During the financial ratios analyzing the financial statement of a company, the Price-Earnings (P/E) ratio and EV/EBITDA are two convincing ratios used by analysts to illustrate the stock prices of a company. In this essay, Toyota Industries Group’s stock prices for the past three years will be analyzed if they are over-valued, under-valued, or fair by using the P/E ratio and EV/EBITDA these two main multiple valuation tools with the data from its main competitors- Mitsubishi Heavy Industries Ltd, Panasonic Corporation, MISUMI Group Inc, Fanuc Corp, and Daikin Industries, Ltd. The current strategy and recent financial performance will also be considered as significant factors affecting the value of a company. The research leads to the result that Tyson Foods is considerably competitive among these competitors. Finally, the conclusion could be that the stock prices of Toyota industries Group are fair except for the year 2020 and the enterprise values are under-valued.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Minzhu Zhao
PY  - 2022
DA  - 2022/03/26
TI  - Research for the Stock Performance of Toyota Industries Group with Multiple Valuations
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 2556
EP  - 2561
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.417
DO  - 10.2991/aebmr.k.220307.417
ID  - Zhao2022
ER  -