Forex Trading Online FX Markets Currencies, Spot ...
Support Resistance Indicators Forex Indicators Guide
Is Toyota Motor Corp Signaling A Failed Japanese Economy ...
AAPL Stock Price and Chart — TradingView
Macd indicator for binary options
Toyota adds 1.5M US vehicles to recalls for engine ...
External sector in rebound, net forex inflow rises 18% to ...
Top 100 Forex Blogs, Websites & Influencers in 2020
Overview of Current Market Valuations and Toyota Motors (TM)
Hello All, Every now and then I do stock screens to see if there are any companies that would be a good value investment. Thanks to the bull market, the opportunities have been few and far between over the last year or two. However one company has consistently popped up in my screens. I initially ignored it as the company is in a sector I personally don't like to invest in due to the large capital requirements. The company is Toyota Motors (TM). Simply put, the valuation seems too good to be true. First off, let me show you what I am talking about. Here are the heat maps from FinViz:
Now as you can see, the general trend of the market is giving you discounts to Financials, Utilities, and Basic Materials, more specifically oil and gold. Of those sectors, I really only like Financials as big oil has been in a downward trend over the past three years. Both Exxon and Chevron have produced less oil than the previous years and are both spending at near record high CapEx levels with no turnaround yet. I have continuously looked at both of them as I don't have any oil in my current portfolio, but haven't got myself to buy either of them. Financials will continue to be attractive at these levels as investors still don't trust their book values since the financial crisis even though asset quality has continued to improve on a broad base. Over the next 5 years, interest rates will rise which will increase their spread which in turn increases their profitability. For the most part, it appears healthcare, consumer goods, and services are currently overvalued. Now, let's look at Toyota. Below is a quick multiples valuation against TM's peers. These are from Yahoo! Finance as GM isn't on FinViz for some reason. P/E
Toyota Motor Co. (TM): 7.81
Honda Motor Co. (HMC): 10.87
General Motors Co. (GM): 15.11
Ford Motor Co. (F): 8.65
Toyota Motor Co. (TM): 9.11
Honda Motor Co. (HMC): 9.30
General Motors Co. (GM): 7.35
Ford Motor Co. (F): 7.90
Toyota Motor Co. (TM): 0.29(!)
Honda Motor Co. (HMC): 0.37
General Motors Co. (GM): 0.52
Ford Motor Co. (F): 0.97
Toyota Motor Co. (TM): 1.02
Honda Motor Co. (HMC): 0.91
General Motors Co. (GM): 1.34
Ford Motor Co. (F): 2.91
As you can see, the whole sector looks cheap on a multiples basis, but of that bunch Toyota seems to win out on an overall valuation based on multiples. Per my own investing rules, as I am a long term shareholder, I won't touch a company that has recently been bankrupt, therefore I rule out GM for any potential investments. Now Toyota is too big of a company to do a full report on in a couple of days. However, of what little research I have done, this is what I have found. First of all, on a macro perspective, the yen has weakened against both the US Dollar and the Chinese Yuan. Over the past two years, the Dollar and Yuan have both gained over 30% to the yen and over 10% this past year. This is a great thing for a Japanese multinational as North America and Asia is TM's second and third largest markets which combined are 46% of 2013's sales.
Because of this, profitability should be higher within Toyota which is also a reason to buy them over GM or Ford as the american automakers will lose money with a strong dollar overseas. Over the past three years, TM has a Compound Annual Growth Rate (CAGR) of 5.12%. Last year, North America saw 32.8% sales growth and Asia saw 30.22% sales growth. This compounded with the yen weakening is a one-two punch. Due to the strong demand in both North America and Asia, Toyota has had a surge in Consolidated Net Income for Fiscal Year 2014 of 135% in which ForEx is responsible for 123% of that growth alone. In this latest quarter, Net Revenues are up 23.9% with Net Income up 118%. Toyota's Shareholder Presentation Margins have increased across the board with their Gross Profit increasing from last year: TM's Gross Profit Margin
As for a quick look at the balance sheet, Toyota has been de-leveraging over the past 5 years with Total Debt / Equity of 1.25 in 2009 to 1.16 in 2013. Book Value per Share has stayed relatively flat but grew 15.14% from 2012 to 2013. Compare that to a one year increase in share price of only 12.25% I believe we have a winner. This is only what I have found off of a couple hours looking at this tonight and have only scratched the surface as to the information on this company. However after just a small amount of research I firmly believe this is a truly undervalued company and should be bought right away. References: Quick Stats pulled from TM's Annual Report EDIT Thank you all for the replies. I should state that this is just beginning due diligence and there are several assumptions with this thesis, mainly that the Yen will stay depressed at least over the next year. This type of condition is a short term catalyst only and not a long term theme. As some have mentioned already, FX has been almost entirely behind TM's profit and there are real geopolitical risks between Japan and China. Next week I will put together another post looking more into the actual underlying company's long term performance and management's strategic plan going forward. That way we can get a glimpse of what the company might look like in the future. Again thank you all for the kind words and the intelligent discussion around this topic.
Toyota is a global brand that has been reporting record sales recently. Now we all know that a weaker currency will boost exports and this has certainly helped Toyota Motors Corp's bottom line, but the stock price is now making lower highs on the charts. Lower highs on a price chart are not a sign of strength for a stock. Toyota Motors Corp stock topped out in July 2013 at $134.94 a share ... During the month forex inflow rose by 10.6 percent to $7.39 billion while forex outflow rose by 15 per cent to $2.83 billion, hence net inflow of $4.56 billion. United States About Blog DailyFX is the leading portal for forex trading news, charts, indicators and analysis. Every tool you need to trade in the foreign exchange market. Frequency 20 posts / day Blog dailyfx.com Facebook fans 158.5K ⋅ Twitter followers 213.7K ⋅ Social Engagement 34 ⓘ ⋅ Domain Authority 72 ⓘ ⋅ Alexa Rank 6.4K ⓘ View Latest Posts ⋅ Get Email Contact MACD Blaster Pro Forex Strategy is a tool for scalping, day trading and swing trading is a trend momentum strategy based on MACD Scalper indicator and MACD Blaster Pro indicator that defines the direction of the market and trades are to be taken only in the direction of the market..Trading Indicators. BLW Online Trading 89,981 views. Nevertheless, it would make much more sense to fully ... Forex mt4 indicator support and resistance download indicator: kg_support_and_resistance.mq4 how to trade with kg_support_and_resistance.mq4 this multi-timeframe. We have various support and resistance mt4 indicators to download in our a-z; two of which are fractals and ‘pipholic’. whilst they have different names and look. FOREX.com offers forex & metals trading with award winning trading platforms, tight spreads, quality executions, powerful trading tools & 24-hour live support View live Apple Inc chart to track its stock's price action. Find market predictions, AAPL financials and market news. These indicators are not very useful. I have bought them through MQL5 and I am not finding any use for them. First, there are no user guide for them. Some "examples" are shown here and there after the fact but we all know that trades in hindsight are always very perfect. Even free indies in FF have explanations of how they are traded. One of those bad decisions I took. If anyone wants the ... Toyota and Lexus dealers will replace the fuel pumps at no cost to customers. Toyota began recalling the vehicles in January with about 700,000, and added 1.2 million in March. The company said that it didn't recall all the vehicles at once because it was monitoring data and investigating to see if vehicles outside the scope of the original recalls would experience the same problem. LiteForex’s history can be traced back to the year 2005. The company’s official opening took place on the 2th of July. The creation of a brokerage company that could rival existing companies and satisfy traders’ real requirements when working on the Forex international market was the initial concept.
Types of Barometer Indicators Let’s take a look again at the values from our numerical table. If we show values from the table as the dots, they move up and down around the level of 50. Warrior Trading teaches people how to make a living trading stocks! We review our trades each day on YouTube to give students free educational content! View ... #Stocks #Trading #Investing Stop over complicating your trading. It doesn't have to be so confusing. Keep it simple!! Simple is profitable! https://www.livet... One Trading Indicator Every Trader Should Use by Greg Weitzman of Trading Zone - Duration: 56 ... TOYOTA LAND CRUISER PRADO 2014: Тест-драйв в программе "Москва рулит ... Installing ROLLS ROYCE Star Lights on my Bagged Toyota Soarer! ($60 AMAZON MOD ... I Tried Forex Day Trading for a Week (Complete Beginner) - Duration: 15:54. Biaheza Recommended for you. 15:54 ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Toyota Oil Change SECRET Exposed - Duration: 9 ... Best Indicator for Day Trading-Part 1 - Duration: 23:44. Pivot Call Recommended for you. 23:44. How Car Dealerships Rip You Off (The Truth ...