Formosa Financial Statements From 2010 to 2024
| 6505 Stock | TWD 43.95 0.40 0.92% |
Check Formosa Petrochemical financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formosa Petrochemical's main balance sheet or income statement drivers, such as , as well as many indicators such as . Formosa financial statements analysis is a perfect complement when working with Formosa Petrochemical Valuation or Volatility modules.
Formosa |
Formosa Petrochemical Corp Company Current Valuation Analysis
Formosa Petrochemical's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Formosa Petrochemical Current Valuation | 755.81 B |
Most of Formosa Petrochemical's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Formosa Petrochemical Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Formosa Petrochemical Corp has a Current Valuation of 755.81 B. This is much higher than that of the Oil, Gas & Consumable Fuels sector and significantly higher than that of the Energy industry. The current valuation for all Taiwan stocks is significantly lower than that of the firm.
Formosa Petrochemical Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formosa Petrochemical's current stock value. Our valuation model uses many indicators to compare Formosa Petrochemical value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosa Petrochemical competition to find correlations between indicators driving Formosa Petrochemical's intrinsic value. More Info.Formosa Petrochemical Corp is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.41 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formosa Petrochemical Corp is roughly 2.42 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Formosa Petrochemical's earnings, one of the primary drivers of an investment's value.About Formosa Petrochemical Financial Statements
Formosa Petrochemical investors use historical fundamental indicators, such as Formosa Petrochemical's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Formosa Petrochemical. Please read more on our technical analysis and fundamental analysis pages.
Formosa Petrochemical Corporation engages in petrochemical and public utility businesses in Taiwan, the Philippines, Singapore, Malaysia, the Peoples Republic of China, Korea, and internationally. Formosa Petrochemical Corporation was founded in 1992 and is headquartered in Mailiao, Taiwan. FORMOSA PETROCHEMICAL operates under Petroleum Refiners And Distributors classification in Taiwan and is traded on Taiwan Stock Exchange.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Formosa Stock Analysis
When running Formosa Petrochemical's price analysis, check to measure Formosa Petrochemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formosa Petrochemical is operating at the current time. Most of Formosa Petrochemical's value examination focuses on studying past and present price action to predict the probability of Formosa Petrochemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Petrochemical's price. Additionally, you may evaluate how the addition of Formosa Petrochemical to your portfolios can decrease your overall portfolio volatility.