Research for the Stock Performance of Toyota Industries Group with Multiple Valuations
- https://doi.org/10.2991/aebmr.k.220307.417How to use a DOI?
- Price-Earnings (P/E) ratio; EV/EBITDA; multiple valuations; stock price
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.
- © 2022 The Authors. Published by Atlantis Press International B.V.
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Cite this article
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 - https://doi.org/10.2991/aebmr.k.220307.417 ID - Zhao2022 ER -