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Morningstar

Toyota Motor Corp ADR TM Stock Quote

Morningstar Rating
| Rating as of

NYSE: TM

Last close prices updated as of Feb 06, 2023, 5:22 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 144.71
  • Sector Consumer Cyclical
  • Industry Auto Manufacturers
  • Investment Style Large Value
  • Day Range 142.97  –  144.40
  • Year Range 130.07  –  203.95
  • Market Cap 196.1920 Bil
  • Volume / Avg 172,143.0 /  188,807.8
  • Price / Sales 0.76
  • Price / Book 0.91
  • Forward Div Yield 2.74%
  • Trailing Div Yield 2.76%

Morningstar‘s Stock Analysis TM

Valuation
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Is it the right time to buy or sell?
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Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

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5-Star Price

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Economic Moat

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Capital Allocation

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We Don't Expect Major Strategy Changes From Toyota's Incoming CEO

David Whiston Sector Strategist

Analyst Note

| David Whiston |

Toyota announced on Jan. 26 that president and CEO Akio Toyoda, 66, will step down from those roles on April 1 and become chairman. He’s been leading Toyota since 2009. Lexus president, Koji Sato, 53, will become president and CEO of Toyota and retain his title of operating officer. Toyoda in recent times has been asked about his succession plans, and he is stepping down at about the same age as prior CEOs, so the move isn’t a total shock. We will miss him in the role because we’ve always liked his passion for cars and for making Toyota vehicles much more interesting and exciting to look at, even for traditionally bland midsize sedans such as the Camry. Sato, however, also deserves credit for this change as he led the development of the Lexus LC coupe and is currently president of Toyota’s GAZOO Racing. Sato is an engineer by training and joined Toyota in 1992. He became Lexus chief engineer in 2016, and chief branding officer of the whole company in 2022. We see no reason to change our fair value estimate, and we expect no major changes in strategy from Sato, at least right away. Toyoda said that Sato can best move Toyota to change into a mobility company from a carmaker, partially because of his younger age.

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Key Statistics TM

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Company Profile TM

Business Description

Founded in 1937, Toyota is one of the world's largest automakers with 10.38 million units sold at retail in fiscal 2022 across its light vehicle brands. Brands include Toyota, Lexus, Daihatsu, and truck maker Hino; market share in Japan is about 51%, while U.S. share is nearly 15.5%. The firm also owns large stake in Denso, a parts supplier, about 20% of Subaru, and holds investments in many other firms, including shares of Uber Technologies, Joby Aviation, DiDi Global, Aurora Innovation, and about 5% in each of Mazda and Suzuki. Fiscal 2022 sales excluding financial services were JPY 29.1 trillion. Toyota also has a financing arm and manufactures homes and boats.

Contact
1 Toyota-cho, Aichi Prefecture
Toyota, 471-8571, JPN
Sector Consumer Cyclical
Industry Auto Manufacturers
Employees 376,971

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FAQs for Toyota Motor Corp ADR Stock

Yes. TM has a forward dividend yield of 2.74%. See TM’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

TM’s market cap is 196.19 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

TM’s stock style is Large Value.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

TM’s price/sales is 0.76.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

TM’s price/forward earnings is 8.10.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

TM’s price/book is 0.91.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See TM’s valuation ratios compared to the Market Index.

TM’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare TM’s historical performance against its industry peers and the overall market.