Obermatt

Toto

TYO:5332 · JP3596200000
Building ProductsX-Large

360

64
EV / EBIT31
Price / Owner Earnings20
Owner Earnings Yield47
Dividend Yield63
Price/Sales29
EV / Gross Profit66
Price/Book34
Return on Capital18
Cash Return on Capital45
Return on Equity17
EBIT Margin12
Gross Profitability62
Cash Conversion63
Accruals63
Owner Earnings Margin37
Sales growth67
Profit Growth100
Long-Term EPS Growth100
Reinvestment87
Price momentum89
Debt load78
Refinancing7
Debt Payback100
Liquidity90
Analyst ratings43
Opinion Changes50
Price Target Upside1
Market mood91
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Toto clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryJapan
IndustryBuilding Products
SizeX-Large
TypePublic Company
ExchangeTSE
Founded1917
ISINJP3596200000
Last UpdateApr 2, 2026
Themes
Home Improvement

Description

TOTO LTD. provides plumbing-related household fixtures for bathrooms, kitchens, and wash products. The company develops its business primarily in Japan, as well as overseas in North and Central America, China, ASEAN member countries, India, and the m…

Analysis

Middle-of-the-road

TOTO LTD. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 31.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 12% a year, against analyst forecasts of 36%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
92
2023202420252026

All-time high

92

Jun 2026

All-time low

14

Jan 2024

Average rank

47

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
29
47
40
28
Price/Earnings
25
29
25
21
Price/Book
34
47
43
26
Dividend Yield
63
52
50
28
Value (overall)
20
37
25
18

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →