Formosa Petrochemical Financials
| 6505 Stock | TWD 43.95 0.40 0.92% |
Formosa |
Understanding current and past Formosa Petrochemical Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formosa Petrochemical's financial statements are interrelated, with each one affecting the others. For example, an increase in Formosa Petrochemical's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formosa Petrochemical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formosa Petrochemical Corp. Check Formosa Petrochemical's Beneish M Score to see the likelihood of Formosa Petrochemical's management manipulating its earnings.
Formosa Petrochemical Stock Summary
Formosa Petrochemical competes with Healthconn Corp, Phytohealth Corp, Tait Marketing, Louisa Professional, and ABC Taiwan. 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.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0006505001 |
| Business Address | No 1-1, Taisu |
| Sector | Oil, Gas & Consumable Fuels |
| Industry | Energy |
| Benchmark | Dow Jones Industrial |
| Website | www.fpcc.com.tw |
| Phone | 886 5 681 2345 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Formosa Petrochemical without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formosa Stock, because this is throwing your money away. Analyzing the key information contained in Formosa Petrochemical's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formosa Petrochemical Key Financial Ratios
There are many critical financial ratios that Formosa Petrochemical's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Formosa Petrochemical reports annually and quarterly.| Return On Equity | 0.0933 | |||
| Return On Asset | 0.0385 | |||
| Target Price | 77.13 | |||
| Number Of Employees | 46 | |||
| Beta | 0.41 |
Formosa Financial Ratios 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.Formosa Petrochemical Systematic Risk
Formosa Petrochemical's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formosa Petrochemical volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Formosa Petrochemical correlated with the market. If Beta is less than 0 Formosa Petrochemical generally moves in the opposite direction as compared to the market. If Formosa Petrochemical Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosa Petrochemical is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosa Petrochemical is generally in the same direction as the market. If Beta > 1 Formosa Petrochemical moves generally in the same direction as, but more than the movement of the benchmark.
Formosa Petrochemical November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formosa Petrochemical help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formosa Petrochemical Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Petrochemical Corp based on widely used predictive technical indicators. In general, we focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosa Petrochemical's daily price indicators and compare them against related drivers.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 9.39 | |||
| Value At Risk | (3.51) | |||
| Potential Upside | 2.89 |
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.