Toyo CoTOYO -38.98%21 ROE % is 81.21% as of Dec. 2025, which is 111% above its 10-year median of 38.54. GuruFocus rates TOYO with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 1,004 Semiconductors companies, Toyo Co ranks better than 96.22% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Toyo Co's annualized net income for the quarter that ended in Dec. 2025 was $72.4 Mil. Toyo Co's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $89.1 Mil. Therefore, Toyo Co's annualized ROE % for the quarter that ended in Dec. 2025 was 81.21%.
The historical rank and industry rank for Toyo Co's ROE % or its related term are showing as below:
TOYO'
s ROE % Range Over the Past 10 Years
Min: -2.38 Med: 38.54 Max: 69.94
Current: 50.1
During the past 4 years, Toyo Co's highest ROE % was 69.94%. The lowest was -2.38%. And the median was 38.54%.
TOYO's ROE % is ranked better than 96.22% of 1004
companies
in the Semiconductors industry
Industry Median: 4.47
vs TOYO: 50.10
Toyo Co (NAS:TOYO) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Toyo Co ROE % Related Terms
Toyo Co ROE % Historical Data
* Premium members only.
The historical data trend for Toyo Co's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Solar subindustry, Toyo Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Toyo Co ROE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Toyo Co's ROE % distribution charts can be found below:
* The bar in red indicates where Toyo Co's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Toyo Co (TOYO) has a ROE % of 81.21% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Toyo Co and its competitors. This is 111% above median its historical median of 38.54. According to the industry distribution chart, Toyo Co ranks #38 out of 1004 companies in the Semiconductors industry, placing it in the top 3.8%.
Is Toyo Co's ROE % too high?
Toyo Co's current ROE % of 81.21% is 111% above median its 10-year median of 38.54. The Semiconductors industry median ROE % is 4.47. Toyo Co's value of 81.21% is 1716.8% above this industry median. Based on the distribution chart, Toyo Co ranks #38 out of 1004 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, Toyo Co has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Toyo Co's ROE % compare to TYGO and SPWR?
According to the Semiconductors industry distribution chart, Toyo Co ranks #38 out of 1004 companies for ROE %. This places Toyo Co in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 4.47. Toyo Co's value of 81.21% is 1716.8% above this benchmark. While the company's 10-year median is 38.54 vs. the industry median of 4.47, Toyo Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.47, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Toyo Co's current ROE % of 81.21% is 1716.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Toyo Co and its competitors. For the Semiconductors industry, the median ROE % is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toyo Co's current ROE % is 81.21%, which is 111% above median its own 10-year median of 38.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toyo Co stock overvalued right now?
Toyo Co (TOYO) has a current ROE % of 81.21%. The current ROE % is 81.21%, which is 111% above median its 10-year median of 38.54 and 1716.8% above the Semiconductors industry median of 4.47. Toyo Co's overall GF Score™ is 21/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Toyo Co (TOYO), the current ROE % is 81.21% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Toyo Co Ltd, along with its subsidiaries, is engaged in research and development, production, and sales of solar cells and solar modules and related businesses. The company operates across the solar value chain, including upstream wafer and silicon manufacturing, midstream solar cell production, and downstream photovoltaic (PV) module production. It generated revenues from sales of solar cells, solar modules and provision of facilitation services. Geographically, the company derived the majority of the revenue from the USA.
21GF Score
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