Is TOA Corporation's (TSE:1885) Latest Stock Performance A Reflection Of Its Financial Health?
TOA Corporation's stock rose 24% last month, prompting a closer look at its financial health. The company's ROE is 15%, higher than the industry average of 9.1%, indicating efficient profit generation and management. TOA's net income growth over five years is 23%, surpassing the industry's 7.4%. With a low payout ratio of 35%, TOA reinvests 65% of earnings, supporting its growth. Despite positive performance, future earnings growth may slow, as per analyst forecasts.
Simplywall·