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6201:TSEToyota Industries Corp. Analysis

Data as of 2026-08-02 - not real-time

NT$48.95

Latest Price

6/10Risk

Risk Level: Medium

Executive Summary

Ya Horng Electronic is trading just above its 20‑day simple moving average and roughly in line with its 50‑day SMA, indicating a neutral price trend. The 14‑day RSI sits in the low‑mid 50s, suggesting neither overbought nor oversold conditions. However, the MACD histogram is negative and the signal line is below the MACD line, giving a bearish momentum signal. Beta is virtually zero, so the stock shows minimal sensitivity to broader market moves, while 30‑day volatility around the low‑double‑digit range points to moderate price swings. The dividend yield tops 6% but a payout ratio above 100% raises questions about sustainability. The DCF‑derived fair value is dramatically lower than the current market price, flagging a substantial valuation gap.

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 6/10

Key Factors

  • Bearish MACD histogram
  • Significant overvaluation versus DCF fair value
  • Dividend payout ratio exceeds 100%

Medium Term

1–3 years
Neutral
Model confidence: 5/10

Key Factors

  • Attractive dividend yield despite sustainability concerns
  • Strong cash position offsetting modest free cash flow
  • Neutral technical stance with slight bearish bias

Long Term

> 3 years
Cautious
Model confidence: 7/10

Key Factors

  • Persistent revenue decline and limited growth prospects
  • Large valuation discount to intrinsic value
  • High dividend payout ratio undermining long‑term earnings stability

Key Metrics & Analysis

Financial Health

Revenue Growth-12.80%
Profit Margin9.10%
P/E Ratio15.0
ROE11.21%
ROA5.84%
Debt/Equity1.66
P/B Ratio1.7
Op. Cash FlowNT$208.5M
Free Cash FlowNT$13.4M

Technical Analysis

TrendNeutral
RSI52.5
SupportNT$47.85
ResistanceNT$50.40
MA 20NT$48.91
MA 50NT$48.48
MA 200NT$52.54
MACDBearish
VolumeDecreasing
Fear & Greed Index92.88

Valuation

Fair ValueNT$17.34
GradeOvervalued
TypeValue
Dividend Yield6.33%

Risk Assessment

Beta0.00
Volatility11.49%
Sector RiskMedium
Reg. RiskMedium
Geo RiskMedium
Currency RiskMedium
Liquidity RiskMedium

This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.