Toto Ltd. (TOTDY) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Toto Ltd. (TOTDY) trades at $39.28 with AI Score 52/100 (Grade B). Toto Ltd. is a Japanese manufacturer of bathroom and kitchen plumbing products, including sanitary ware, modular kitchens, and related accessories. Market cap: $6.46B, Sector: Industrials.
Price as of Aug 20, 2026 · Last analyzed: Mar 15, 2026Analyst Coverage for TOTDY: TOTDY does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TOTDY against Industrials peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
TOTDY: the 3 scored disciplines are evenly split. Dominant signal: Ken Griffin bearish.
How is this calculated? →Why this analysis is different
- A 9-signal quantitative MoonshotScore built from filings, insider activity, and market data — computed from the numbers, not from opinion.
- An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
- Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.
Toto Ltd. (TOTDY) Industrial Operations Profile
Toto Ltd., founded in 1917, is a global manufacturer of bathroom and kitchen plumbing products, including sanitary ware and modular kitchens. With a focus on innovation and sustainability, the company serves residential and commercial markets worldwide, facing competition in the construction and building materials sector.
What Is the Investment Thesis for TOTDY?
Toto Ltd. presents a mixed investment thesis. The company's established brand and global presence in the plumbing and sanitary ware market provide a stable revenue base. However, a low profit margin of 0.6% and ROE of 0.5% raise concerns about profitability and efficiency. The high debt-to-equity ratio of 4.86 indicates significant leverage, which could pose risks in a volatile economic environment. Potential growth catalysts include expansion into emerging markets and increased demand for sustainable building materials. Investors should closely monitor the company's ability to improve profitability and manage its debt. The beta of 0.84 suggests lower volatility compared to the market.
Based on FMP financials and quantitative analysis
TOTDY Key Highlights
Market capitalization of $6.46B reflects Toto Ltd.'s significant presence in the global plumbing and sanitary ware market.
- Gross margin of 35.0% indicates the company's ability to manage production costs effectively.
- Low profit margin of 0.6% suggests potential challenges in converting revenue to profit.
- Return on Equity (ROE) of 0.5% indicates limited profitability relative to shareholder equity.
- Debt-to-Equity ratio of 4.86 signifies a highly leveraged financial structure, potentially increasing financial risk.
Who Are TOTDY's Competitors?
TOTDY is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| MAS Masco Corporation | $73.36 | -2.51% | $14.5B | 89 |
| GE GE Aerospace | $356.23 | -5.03% | $370B | 60 |
| AAON AAON, Inc. | $80.84 | -0.19% | $6.62B | 50 |
| RKWAF Rockwool A/S | $34.70 | +0.00% | $7.17B | 54 |
| NDRBF NIBE Industrier AB (publ) | $4.13 | +0.00% | $7.36B | 48 |
| BLDR Builders FirstSource, Inc. | $70.32 | -3.07% | $7.57B | 52 |
| BECN Beacon Roofing Supply, Inc. | $124.17 | -0.08% | $7.72B | 46 |
| SSD Simpson Manufacturing Co., Inc. | $187.88 | -2.76% | $7.73B | 88 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TOTDY's Key Strengths?
Strong brand recognition and reputation.
- Global presence and distribution network.
- Diverse product portfolio.
- Focus on innovation and sustainability.
What Are TOTDY's Weaknesses?
Low profit margin.
- High debt-to-equity ratio.
- Dependence on economic cycles.
- Exposure to currency fluctuations.
What Could Drive TOTDY Stock Higher?
Expansion into emerging markets, driving revenue growth.
- Increased demand for sustainable and water-efficient products.
- Launch of new smart home and IoT-enabled bathroom solutions in Q4 2026.
- Strategic partnerships and acquisitions to expand product portfolio.
- Enhanced e-commerce and digital marketing capabilities to improve customer engagement.
What Are the Key Risks for TOTDY?
Intense competition in the global plumbing and sanitary ware market.
- Fluctuations in raw material prices impacting profitability.
- Changes in building codes and regulations affecting product demand.
- Economic downturns reducing construction and renovation activity.
- Currency fluctuations impacting ADR value.
What Are the Growth Opportunities for TOTDY?
- Growth opportunity 1: Expansion into emerging markets, particularly in Asia and Africa, presents a significant growth opportunity for Toto Ltd. These regions are experiencing rapid urbanization and increasing demand for modern plumbing and sanitary ware. By establishing a stronger presence in these markets, Toto can tap into new customer bases and drive revenue growth. The market size for sanitary ware in Asia is projected to reach $XX billion by 2028, offering substantial potential for expansion.
- Growth opportunity 2: Increased focus on sustainable and water-efficient products aligns with growing consumer demand and regulatory pressures. Toto can capitalize on this trend by developing and marketing innovative solutions that reduce water consumption and minimize environmental impact. Government incentives and building codes promoting green building practices further support this growth opportunity. The global market for green building materials is expected to reach $YY billion by 2027.
- Growth opportunity 3: Development of smart home and IoT-enabled bathroom solutions offers a pathway for differentiation and value creation. By integrating technology into its products, Toto can enhance the user experience and provide value-added features such as automated cleaning, personalized settings, and water usage monitoring. The smart home market is experiencing rapid growth, with increasing adoption of connected devices and systems.
- Growth opportunity 4: Strategic partnerships and acquisitions can enable Toto to expand its product portfolio, enter new markets, and gain access to innovative technologies. Collaborating with complementary businesses can create synergies and enhance Toto's competitive position. Identifying and acquiring companies with strong market presence or unique capabilities can accelerate growth and diversification.
- Growth opportunity 5: Enhancing its e-commerce and digital marketing capabilities can improve Toto's reach and customer engagement. By investing in online platforms and digital marketing strategies, Toto can directly connect with consumers, promote its products, and drive online sales. The increasing prevalence of online shopping and the growing importance of digital channels make this a crucial growth opportunity.
What Are TOTDY's Competitive Advantages?
- Established brand reputation for quality and innovation.
- Extensive distribution network and global presence.
- Strong focus on research and development, leading to innovative products.
- Proprietary technologies and patents in sanitary ware and plumbing solutions.
What Does TOTDY Do?
Toto Ltd., established in 1917 and formerly known as TOTO Kiki Ltd. until 2007, is a global manufacturer of bathroom and kitchen plumbing products. Headquartered in Kitakyushu, Japan, the company offers a comprehensive range of products, including sanitary ware such as toilet basins, urinals, sinks, and washbasins, as well as system toilets, toilet seats, and plumbing accessories. Toto also produces bathtubs, unit bathrooms, and fittings like faucets and drain fittings. Their product line extends to modular kitchens, bathroom vanity units, and marbright artificial marble counters. Beyond traditional plumbing, Toto provides bathroom ventilation, heating, and drying systems, along with welfare equipment. The company is also involved in the production of green building materials, including tiles and ceramic slabs, and specialized ceramics for the semiconductor, FPD manufacturing, and optical communication industries. Toto's global presence is supported by a workforce of 33,386 employees, allowing it to serve diverse markets and customer needs worldwide. The company's commitment to innovation and quality has solidified its position as a leading player in the plumbing and building materials industry.
What Products and Services Does TOTDY Offer?
- Manufactures and sells sanitary ware, including toilet basins, urinals, and sinks.
- Produces system toilets and toilet seats with advanced features.
- Offers a range of plumbing accessories and fittings.
- Manufactures bathtubs and unit bathrooms.
- Provides modular kitchens and bathroom vanity units.
- Produces green building materials like tiles and ceramic slabs.
- Supplies ceramics for the semiconductor, FPD manufacturing, and optical communication industries.
How Does TOTDY Make Money?
- Manufacturing and selling bathroom and kitchen plumbing products globally.
- Generating revenue through direct sales, distributors, and retailers.
- Offering a diverse product portfolio to cater to different customer segments and price points.
What Industry Does TOTDY Operate In?
Toto Ltd. operates within the global construction and building materials industry, which is influenced by factors such as economic growth, housing starts, and infrastructure development. The industry is characterized by intense competition, with players ranging from global giants to regional specialists. Trends include increasing demand for sustainable and water-efficient products, driven by environmental concerns and regulatory requirements. Toto's focus on innovative and eco-friendly solutions positions it favorably in this evolving landscape. The company competes with other major players in the plumbing and sanitary ware market, requiring continuous innovation and adaptation to maintain its market share.
Who Are TOTDY's Key Customers?
- Residential homeowners and renters.
- Commercial building developers and contractors.
- Hospitality industry (hotels, resorts).
- Healthcare facilities (hospitals, clinics).
Company Profile
Toto Ltd. operates in the Construction Materials industry within the Industrials sector. It is headquartered in Kitakyushu, JP. The company is led by CEO Shinya Tamura. TOTDY has traded publicly since 2010.
Key Financial Metrics
Return on equity for Toto Ltd. stands at 8.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 5.1%, showing how much profit it generates from its asset base. TOTDY trades at a trailing price-to-earnings ratio of 26.09, below the Industrials sector average of ~32x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.64 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 3.7%, the inverse of the P/E and a quick read on earnings relative to price.
TOTDY Valuation & Market Position
With a $6.46B market cap, Toto Ltd. sits in the mid-cap segment of the market. Relative to its peer group, TOTDY's quantitative score of 52/100 is roughly in line with the peer average of 60/100.
Quarterly Financial Performance: Toto Ltd.
Revenue for Toto Ltd. came in at $170.83B during Q2 2026, a 11.9% contraction versus the preceding quarter. The company recorded net income of $7.00B, with diluted EPS of $41.98. Revenue has contracted over three consecutive quarters, which investors in this mid-cap Industrials stock should monitor closely. Across the four most recent quarters, TOTDY averaged $62.63 in diluted EPS.
Financial Health
Toto Ltd.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 4.29 places it in the safe zone, indicating low near-term bankruptcy risk.
Earnings Track Record
Toto Ltd. has beaten Wall Street's EPS estimate in 6 of its last 8 reported quarters — a consistent record of delivering on expectations. Reported results have landed about 61.5% above estimates on average.
Forward Outlook
Wall Street analysts project Toto Ltd. revenue of about $748.10B for fiscal 2026, with EPS near $202.67. The estimate reflects 9 contributing analysts.
TOTDY Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2026
Bull Case vs Bear Case
Bull Case
- Strong brand recognition and reputation.
- Global presence and distribution network.
- Diverse product portfolio.
- Focus on innovation and sustainability.
Bear Case
- Low profit margin.
- High debt-to-equity ratio.
- Dependence on economic cycles.
- Exposure to currency fluctuations.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $170.83B | $7.00B | $41.98 |
| Q1 2026 | $193.84B | $11.93B | $71.90 |
| Q4 2025 | $201.30B | $20.11B | $121.28 |
| Q3 2025 | $186.83B | $2.53B | $15.38 |
Based on FMP financials and quantitative analysis
TOTDY Latest News
No recent news available for TOTDY.
TOTDY Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TOTDY.
Price Targets
Wall Street price target analysis for TOTDY.
TOTDY MoonshotScore
What does this score mean?
The MoonshotScore rates TOTDY 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Leadership: Shinya Tamura
CEO
Shinya Tamura serves as the CEO of Toto Ltd., leading a global workforce of over 33,000 employees. His background includes extensive experience in the manufacturing and construction industries. Prior to his role as CEO, he held various leadership positions within Toto, overseeing product development, marketing, and international operations. His expertise lies in strategic planning, operational efficiency, and market expansion. He is responsible for guiding Toto's long-term growth and maintaining its competitive edge in the global market.
Track Record: Under Shinya Tamura's leadership, Toto Ltd. has focused on expanding its global presence and investing in sustainable technologies. Key milestones include the launch of innovative product lines, such as water-saving toilets and smart bathroom solutions. He has also overseen strategic initiatives to improve operational efficiency and reduce environmental impact. His tenure has been marked by a commitment to innovation and customer satisfaction.
Toto Ltd. ADR Information Unsponsored
An American Depositary Receipt (ADR) is a certificate representing shares of a foreign company trading on U.S. stock exchanges. TOTDY is a Level 1 ADR, meaning it trades over-the-counter (OTC) without needing to meet the stringent requirements of listed exchanges. This allows U.S. investors to invest in Toto Ltd. more easily, although it may come with certain risks associated with OTC trading.
- Home Market Ticker: Tokyo Stock Exchange, Japan
- ADR Level: 1
- ADR Ratio: 1:1
- Home Market Ticker: TOTD
TOTDY OTC Market Information
The OTC Other tier represents the lowest tier of the over-the-counter (OTC) market. Companies in this tier often have limited financial disclosure and may not meet minimum listing requirements. This contrasts with exchanges like the NYSE or NASDAQ, which have strict listing standards, including requirements for audited financials, corporate governance, and minimum share prices. Investing in OTC Other stocks carries higher risk due to the potential for less transparency and liquidity.
- OTC Tier: OTC Other
- Limited financial disclosure and transparency.
- Low trading volume and liquidity.
- Potential for price manipulation.
- Higher risk of fraud or misrepresentation.
- Limited regulatory oversight.
- Verify the company's registration and legal status.
- Obtain and review any available financial statements.
- Research the company's management team and their track record.
- Assess the company's business model and competitive landscape.
- Understand the risks associated with investing in OTC stocks.
- Consult with a qualified financial advisor.
- Check for any regulatory actions or legal disputes involving the company.
- Company has been in operation for over 100 years.
- Global brand recognition and presence.
- Focus on innovation and sustainability.
- CEO with extensive experience in the industry.
Common Questions About TOTDY (Industrials)
What does the AI Score mean for TOTDY?
TOTDY holds an AI Score of 52/100 (Grade: B). This is an educational research signal, not a buy or sell recommendation. Toto Ltd. is a Japanese manufacturer of bathroom and kitchen plumbing products, including sanitary ware, modular kitchens, and related accessories. The company operates globally, offering green …
What does Toto Ltd. do?
Toto Ltd. is a global manufacturer of bathroom and kitchen plumbing products. The company's core business involves producing and selling a wide range of sanitary ware, including toilets, sinks, bathtubs, and faucets. Toto also offers modular kitchens, bathroom vanities, and related accessories. In addition, the company manufactures green building materials and specialized ceramics for various industries.
What do analysts say about TOTDY stock?
As an OTC-traded ADR, analyst coverage of TOTDY is limited. Available data indicates a market capitalization of $6.46B. Key valuation metrics include a profit margin of 0.6%, a gross margin of 35.0%, and an ROE of 0.5%. The debt-to-equity ratio stands at 4.86.
What are the main risks for TOTDY?
Toto Ltd. faces several risks, including intense competition in the global plumbing and sanitary ware market. Fluctuations in raw material prices can impact profitability. Changes in building codes and regulations may affect product demand. Economic downturns could reduce construction and renovation activity. As an ADR, TOTDY is also subject to currency fluctuations, which can impact its value for U.S. investors.
What are the key factors to evaluate for TOTDY?
Toto Ltd. (TOTDY) holds an AI score of 52/100 (moderate). P/E: 26.1x vs the S&P 500's ~20-25x. Not financial advice.
How frequently does TOTDY data refresh on this page?
TOTDY's price was last updated on Aug 20, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven TOTDY's recent stock price performance?
Toto Ltd. (TOTDY) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Strong brand recognition and reputation. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TOTDY overvalued or undervalued right now?
Toto Ltd. (TOTDY) trades at 26.1x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
How do I research TOTDY before investing?
Before investing in Toto Ltd. (TOTDY), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) analyst consensus ratings and price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on available information and may be subject to change.
- Analyst opinions are limited due to the OTC listing.