10 Best Very Cheap Stocks To Buy Right Now

5. Toyota Motor Corporation (NYSE:TM)

P/E Ratio: 9.25

Average Analysts Upside: 20.79%

Toyota Motor Corporation (NYSE:TM) is the world’s largest auto manufacturer in terms of sales volume, design, production, assembly, and distribution of cars, minivans, commercial vehicles, and associated parts and accessories worldwide. The company is also investing in autonomous driving, AI, and mobility services.

Despite reporting a 4% decline in global vehicle unit sales for the first nine months of FY 2025, the company improved its net profit to 2.19 trillion yen in Q3 FY2025, up by 62% year-over-year. The net profit for Q3 exceeded market expectations of 1.19 trillion yen. As the company’s profit improved significantly in Q3, Toyota has revised its full-year revenue guidance, up from 46 trillion yen to 47 trillion yen. The company now expects an improved operating profit of 4.7 trillion yen, upgraded from a previous forecast of 4.3 trillion yen. In addition to that, the automaker has successfully implemented its cost-saving initiatives and improvement in product competitiveness which are supporting earnings.

On February 6, Macquarie analyst James Hong upgraded the rating on TM shares from Neutral to Outperform. The analyst expects Toyota to stabilize and improve its production, driven by favourable foreign exchange trends and strong hybrid electric vehicle (HEV) sales. “Less exciting earnings, but better quarters ahead,” added Hong.