Forecast Of The Day: Average Revenue Per Toyota Vehicle

+38.37%
Upside
143
Market
198
Trefis
TM: Toyota Motor logo
TM
Toyota Motor

What?

The Average Revenue Per Toyota (NYSE:TM) Vehicle rose from $28,000 in FY’20 to almost $32,000 in FY’22. Trefis expects the number to drop slightly to around $31,000 in FY’23.

Why?

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Toyota’s average pricing over FY’20 and FY’21 benefited from the company prioritizing SUVs and more premium vehicles amid supply chain issues. However, we expect currency effects and a potential global slowdown to hurt average pricing this year.

So What?

However, we think that Toyota stock is undervalued. We value TM at $210 per share, about 30% ahead of the current market price.

See Our Complete Analysis For Toyota

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

 Returns May 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 TM Return -6% -13% 38%
 S&P 500 Return -3% -16% 80%
 Trefis Multi-Strategy Portfolio -4% -20% 218%

[1] Month-to-date and year-to-date as of 5/16/2022
[2] Cumulative total returns since the end of 2016

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