Research on investment strategy of Toyota based on multiple’s valuation
DOI:
https://doi.org/10.54691/bcpbm.v30i.2510Keywords:
Toyota; investment strategy; multiple’s valuation.Abstract
Because of the COVID-19, there are a lot of things have been changed in the global market. With these changes, many companies have adjusted their strategies. However, these strategies might not be effective for improving the performance of companies. In this study, the strategy of Toyota used during the pandemic of COVID-19 would be analyzed. Also, the multiple valuation of Toyota’s performance in this period would be made. The final result of the valuation is used for helping investors to make the suitable investment decision with stock of Toyota. The valuation result of different models, including some key indicators, price earning ratio( P/E) and EV/EBITDA, shows that Toyota’s stock price is overvalued at present. With this kind of result, it should realize that it is not a good time to invest in Toyota at present.
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