How to buy Toyota (TM) shares in Australia
Learn how to easily invest in Toyota shares.
Toyota Motor Corporation ADR (TM) is a leading auto manufacturers business with stocks listed in the US. It opened the day at US$185.81 after a previous close of US$186.61. During the day the price has varied from a low of USD185.81 to a high of USD187.3174. The latest price was USD187.16 (25 minute delay). Toyota is listed on the NYSE. All prices are listed in US Dollars.
How to buy shares in Toyota
- Compare share trading platforms. To buy shares in a company that's listed outside of Australia, you'll need to find a trading platform that offers access to global stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Toyota. Find the share by name or ticker symbol: TM. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Toyota reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of US$187.16, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Toyota, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Toyota. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
Toyota stock price (NYSE:TM)Use our graph to track the performance of TM stocks over time.
Toyota shares at a glance
|52-week range||US$132.35 - US$195.65|
|50-day moving average||US$181.7818|
|200-day moving average||US$158.5439|
|Dividend yield||US$65 (2.65%)|
|Earnings per share (TTM)||US$19.06|
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Is it a good time to buy Toyota stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Toyota price performance over time
|1 week (2023-11-21)||2.16%|
|1 month (2023-10-27)||8.30%|
|3 months (2023-08-28)||11.90%|
|6 months (2023-05-26)||33.61%|
|1 year (2022-11-28)||27.75%|
|2 years (2021-11-26)||4.08%|
|3 years (2020-11-27)||33.53%|
|5 years (2018-11-28)||53.94%|
Is Toyota under- or over-valued?
Valuing Toyota stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Toyota's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Toyota's P/E ratio
Toyota's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Toyota shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Toyota's PEG ratio
Toyota's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.7251. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Toyota's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Toyota's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$5,824.9 billion (£4,593 billion).
The EBITDA is a measure of a Toyota's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$41,426.6 billion|
|Operating margin TTM||12.58%|
|Gross profit TTM||US$5,971.7 billion|
|Return on assets TTM||3.28%|
|Return on equity TTM||12.69%|
|Market capitalisation||US$254.3 billion|
TTM: trailing 12 months
Toyota share dividends
Dividend payout ratio: 22.32% of net profits
Recently Toyota has paid out, on average, around 22.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.65% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Toyota shareholders could enjoy a 2.65% return on their shares, in the form of dividend payments. In Toyota's case, that would currently equate to about $65 per share.
While Toyota's payout ratio might seem low, this can signify that Toyota is investing more in its future growth.
Toyota's most recent dividend payout was on 6 June 2023. The latest dividend was paid out to all shareholders who bought their shares by 30 March 2023 (the "ex-dividend date").
Have Toyota's shares ever split?
Toyota's shares were split on a 11:10 basis on 25 June 1991. So if you had owned 10 shares the day before the split, the next day you would own 11 shares. This wouldn't directly have changed the overall worth of your Toyota shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Toyota shares which in turn could have impacted Toyota's share price.
Toyota share price volatility
Over the last 12 months, Toyota's shares have ranged in value from as little as US$132.35 up to US$195.65. A popular way to gauge a stock's volatility is its "beta".
Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Toyota's is 0.518. This would suggest that Toyota's shares are less volatile than average (for this exchange).
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments. The company offers subcompact and compact cars; mini-vehicles; mid-size, luxury, sports, and specialty cars; recreational and sport-utility vehicles; pickup trucks; minivans; trucks; and buses. It offers vehicles under the Toyota and Lexus brand names. Further, the company provides financial services, such as retail financing and leasing, wholesale financing, insurance, and credit cards. Additionally, it operates GAZOO.com, a web portal for automobile information, as well as engages in telecommunications and other businesses. The company was founded in 1933 and is headquartered in Toyota, Japan.
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