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Companies Basic Materials 3433.T
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3433.T Tokyo Stock Exchange Iron & Steel

Tocalo Co Ltd

¥3 134,00
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JPY
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Mcap
P/E
EV / Rev
Div yield
2,41 %
Op margin
22,0 %
ROE
13,3 %
Net margin
14,8 %
Debt / equity
0,06
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Tocalo Co Ltd is a Japanese mining company that produces and sells iron ore, primarily serving the domestic steel industry.

Business. Tocalo Co Ltd (3433.T) is a mining company operating within the Iron & Steel industry, primarily engaged in the extraction of mineral resources. The firm is headquartered in Japan and is listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryIron & Steel
ActivityMining
Generated · model-assisted
Sell-side consensus
BUY2 analysts
2 buy0 hold0 sell
Avg 12m price target3 400,00

Analyst recommendations

2 analysts · consensus Buy
Buy2
Hold0
Sell0
12-month price target
3 400,00
Consensus of sell-side coverage.
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
Buy
2 analysts · indicative
Ownership
not yet wired
Profitability
13,3 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 3433.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 3433.T. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Tocalo Co Ltd (3433.T) is a mining company operating within the Iron & Steel industry, primarily engaged in the extraction of mineral resources. The firm is headquartered in Japan and is listed on the Tokyo Stock Exchange. Specific details regarding its operating segments and geographic revenue mix are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryIron & Steel
    ActivityMining
    AI synthesis
    GENERATED

    Tocalo maintains a strong liquidity position with a current ratio of 2.96 and a cash and equivalents balance of ¥14.48 billion, which is well above the industry median for liquidity coverage. The company's debt-to-equity ratio is 0.06, indicating a conservative capital structure with minimal leverage. This low debt burden supports financial flexibility and reduces exposure to interest rate volatility.

    Profitability metrics show Tocalo outperforms the industry median in return on equity (13.28%) and return on assets (9.86%). These returns are driven by a gross profit margin of 37.3% and an operating margin of 22.0%, both of which are above the industry average. The company's ability to maintain high margins in a cyclical industry suggests strong pricing power and operational efficiency.

    Geographically, Tocalo's revenue is concentrated in Japan, with no material international operations disclosed. The company's business is heavily dependent on the domestic steel industry, which is sensitive to macroeconomic conditions and infrastructure spending. This concentration increases exposure to local demand fluctuations and regulatory changes.

    Tocalo's growth trajectory is stable, with revenue of ¥54.23 billion in the latest period. While no specific growth rate is provided, the company's free cash flow of ¥2.91 billion and operating cash flow of ¥9.08 billion support reinvestment and shareholder returns. The absence of a detailed outlook for the next fiscal year suggests a focus on maintaining current operations rather than aggressive expansion.

    Risk factors for Tocalo include exposure to commodity price volatility and regulatory changes in the mining sector. The company has no immediate liquidity or dilution flags, and its capital structure remains stable. However, the low dilution risk is partly due to the absence of recent share issuance or shelf registration activity.

    Recent events include the publication of the latest financial results and analyst estimates. Analysts have assigned a mean price target of ¥3,400, with a median of ¥3,400 and a range from ¥2,800 to ¥4,000. The mean recommendation of 2.00 (Buy) indicates a generally positive outlook, though no strong buy ratings were issued.

    Key takeaways
    • Tocalo maintains a conservative capital structure with a low debt-to-equity ratio of 0.06 and strong liquidity.
    • The company outperforms industry medians in return on equity (13.28%) and return on assets (9.86%).
    • Revenue is concentrated in Japan, increasing exposure to local demand and regulatory changes.
    • Analysts have a generally positive outlook, with a mean price target of ¥3,400 and a Buy recommendation.
    • Tocalo has no immediate liquidity or dilution risks, but its growth trajectory is not explicitly outlined.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    ¥3 134,00
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    ¥60.65B
    Net cash
    ¥10.61B
    Current ratio
    3.0
    Debt / equity
    0.1
    ROA
    9.9%
    ROE
    13.3%
    Cash conversion
    113.0%
    CapEx / revenue
    -10.3%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Next quarternear-term
    Earnings · next quarterconf 45 %
    EPS
    Consensus EPS
    149,40
    Predicted surprise
    +0,00
    Beat probability
    45 %
    Analysts
    2
    Other metrics
    Revenue
    no estimate
    Segment revenue
    no estimate
    Margin
    no estimate
    Segment margin
    no estimate
    as of 2026-05-22 · Earnings Surprise V1
    Period note: consensus is not fiscal-period-aligned at source — read as consensus vs the last reported actual, not a calibrated same-quarter surprise.
    Full fiscal year~1 year ahead
    Full fiscal year · our forecast vs guidance vs consensus
    MetricOur forecastGuidanceConsensus
    EPSno estimateno estimate149,40
    Revenueno estimateno estimate58,0B JPY
    Operating incomeno estimateno estimateno estimate
    Full-year consensus mean (period as reported by source) · consensus in JPY. Company-level full-year forecast and management guidance are not yet modelled at scale — shown as "no estimate", never inferred.
    Probabilistic model output — not investment advice. · generated 2026-08-04

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Consensus distribution

    sell-side coverage
    Recommendation distribution2 analysts
    Strong buy0
    Buy2
    Hold0
    Sell0
    Strong sell0
    12-month price target¥3 400,00 · Median ¥3 400,00
    Low ¥2 800,00High ¥4 000,00
    EPS surprise
    −9,3 %
    reported vs consensus · miss
    Revenue surprise
    −6,4 %
    reported vs consensus · miss

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    Low¥2 800,00
    Mean¥3 400,00
    Median¥3 400,00
    High¥4 000,00
    Spot¥3 134,00
    +8.5 %implied to mean12-month sell-side price targets · ▲ spot

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskLow
    Filing-based flags
    • No immediate filing-based liquidity or dilution flags were detected.

    Benchmarks vs cohort

    Op Margin22,0 %Best in class
    Net Margin14,8 %Best in class
    ROE13,3 %Best in class
    Capex / Rev-10,3 %Bottom quartile
    D/E0,06Above P75
    Cash Conv1,13Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Tocalo Co Ltd Market data — financials · 2026-05-26
    • Tocalo Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    3433.TCanonical
    Tokyo Stock Exchange · JPY

    Intel & risk

    PredictorBeat prob45 %Surprise+0,00Full forecast →
    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskLow
    No immediate filing-based liquidity or dilution flags were detected.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2026-06-30 03:38 UTCEARNINGSUpcomingForecast: earnings_forecast (90d)
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    2026-06-20 12:34 UTCANALYSTAnalyst coverage initiated
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage