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Toray Industries, Inc. (3402.T)

Japan Exchange Group Consumer Cyclical Apparel - ManufacturersView data quality →
43.3Fair

ValueMarkers Composite Index

Top 11%#39,688 of 44,714
Overvalued

41% above intrinsic value ($6)

UndervaluedFair ValueOvervalued
Piotroski
8/9
Strong
Beneish
-2.89
Low Risk
Altman
2.34
Grey Zone
DCF Value
$6
Overvalued
ROIC
2.7%
Low
P/E
39.8
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Toray Industries, Inc. (3402.T) — VMCI valuation read

Headline read on 3402.T: VMCI of 43/100 versus a Consumer Cyclical sector median of 50. The 7-point below-median position is what makes Toray Industries, Inc. a relative-value laggard in the mid-cap cohort, before any pillar-level review.

Form 4 filings on 3402.T: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on 3402.T: value (3402.T trades at 23.0x earnings, 28% above the Consumer Cyclical median of 18.0x), quality (ROIC of 15.0% sits 5.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -0.6x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

3402.T fell 3.4% over the trailing 7 days, with a -17.4% read on a 30-day basis.

Toray Industries, Inc., together with its subsidiaries, manufactures, processes, and sells fibers and textiles, performance chemicals, carbon fiber composite materials, environment and engineering products, and life science products in Japan, China, North America, Europe, and internationally. The company offers filament yarns, staple fibers, and spun yarns, as well as woven and knitted fabrics of nylon, polyester, acrylics, and others; non-woven fabrics; ultra-fine fibers; and apparel products. It also provides nylon, ABS, PBT, PPS, and other resins and molded products; polyolefin foam products; polyester, polyethylene, polypropylene, and other films; processed film products; raw materials for synthetic fibers and other plastics; fine chemicals; electronic and information materials; and graphic materials. In addition, the company offers carbon fibers, carbon fiber composite materials, and molded products; analysis, physical evaluation, research, and other services; and pharmaceuticals, medical devices, etc. Further, it provides engineering services; condominiums; industrial equipment and machinery; IT-related equipment; water treatment membranes and related equipment; and materials for housing, building, and civil engineering applications. The company was formerly known as Toyo Rayon Co., Ltd. and changed its name to Toray Industries, Inc. in 1970. The company was incorporated in 1926 and is headquartered in Tokyo, Japan.

CEO: Mitsuo Ohya48,140 employeesJPwww.toray.co.jp

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