Formosa Advanced Financials
| 8131 Stock | TWD 29.70 0.10 0.34% |
Formosa |
Understanding current and past Formosa Advanced Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formosa Advanced's financial statements are interrelated, with each one affecting the others. For example, an increase in Formosa Advanced's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formosa Advanced's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formosa Advanced Technologies. Check Formosa Advanced's Beneish M Score to see the likelihood of Formosa Advanced's management manipulating its earnings.
Formosa Advanced Stock Summary
Formosa Advanced competes with AU Optronics, Innolux Corp, Ruentex Development, WiseChip Semiconductor, and Novatek Microelectronics. Formosa Advanced Technologies Co., Ltd. provides wafer probe, integrated circuit assembly and testing, module turnkey, and LED chip process services in Taiwan. Formosa Advanced Technologies Co., Ltd. is a subsidiary of Formosa Taffeta Co., Ltd. FORMOSA ADVANCED operates under Semiconductor Equipment Materials classification in Taiwan and is traded on Taiwan Stock Exchange. It employs 2406 people.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0008131004 |
| Business Address | 329, Ho-Nan Street, |
| Sector | Semiconductors & Semiconductor Equipment |
| Industry | Information Technology |
| Benchmark | Dow Jones Industrial |
| Website | www.fatc.com.tw |
| Phone | 886 5 557 4888 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Formosa Advanced 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 Advanced's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formosa Advanced Key Financial Ratios
There are many critical financial ratios that Formosa Advanced's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Formosa Advanced Tec reports annually and quarterly.| Return On Equity | 0.18 | |||
| Return On Asset | 0.0904 | |||
| Target Price | 48.5 | |||
| Beta | 0.45 | |||
| Z Score | 19.2 |
Formosa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formosa Advanced's current stock value. Our valuation model uses many indicators to compare Formosa Advanced value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosa Advanced competition to find correlations between indicators driving Formosa Advanced's intrinsic value. More Info.Formosa Advanced Technologies 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 0.50 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formosa Advanced Technologies is roughly 2.00 . 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 Advanced's earnings, one of the primary drivers of an investment's value.Formosa Advanced Tec Systematic Risk
Formosa Advanced's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formosa Advanced 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 output start index for this execution was fourty-two with a total number of output elements of nineteen. The Beta measures systematic risk based on how returns on Formosa Advanced Tec correlated with the market. If Beta is less than 0 Formosa Advanced generally moves in the opposite direction as compared to the market. If Formosa Advanced Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosa Advanced Tec is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosa Advanced is generally in the same direction as the market. If Beta > 1 Formosa Advanced moves generally in the same direction as, but more than the movement of the benchmark.
Formosa Advanced December 13, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formosa Advanced help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formosa Advanced Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Advanced Technologies 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 Advanced's daily price indicators and compare them against related drivers.
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 4.67 | |||
| Value At Risk | (1.97) | |||
| Potential Upside | 1.27 |
Additional Tools for Formosa Stock Analysis
When running Formosa Advanced's price analysis, check to measure Formosa Advanced'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 Advanced is operating at the current time. Most of Formosa Advanced's value examination focuses on studying past and present price action to predict the probability of Formosa Advanced'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 Advanced's price. Additionally, you may evaluate how the addition of Formosa Advanced to your portfolios can decrease your overall portfolio volatility.