Formosa Plastics Corp Stock Fundamentals

1301 Stock  TWD 43.95  0.15  0.34%   
Formosa Plastics Corp fundamentals help investors to digest information that contributes to Formosa Plastics' financial success or failures. It also enables traders to predict the movement of Formosa Stock. The fundamental analysis module provides a way to measure Formosa Plastics' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Formosa Plastics stock.
  
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Formosa Plastics Corp Company Current Valuation Analysis

Formosa Plastics' 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.

Enterprise Value

 = 

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Formosa Plastics Current Valuation

    
  530.86 B  
Most of Formosa Plastics' 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 Plastics 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.
Competition

In accordance with the recently published financial statements, Formosa Plastics Corp has a Current Valuation of 530.86 B. This is much higher than that of the Chemicals sector and significantly higher than that of the Materials industry. The current valuation for all Taiwan stocks is significantly lower than that of the firm.

Formosa Plastics Corp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Formosa Plastics's current stock value. Our valuation model uses many indicators to compare Formosa Plastics value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosa Plastics competition to find correlations between indicators driving Formosa Plastics's intrinsic value. More Info.
Formosa Plastics 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  0.34  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formosa Plastics Corp is roughly  2.97 . 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 Plastics' earnings, one of the primary drivers of an investment's value.

Formosa Current Valuation Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Formosa Plastics' direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Formosa Plastics could also be used in its relative valuation, which is a method of valuing Formosa Plastics by comparing valuation metrics of similar companies.
Formosa Plastics is currently under evaluation in current valuation category among its peers.

Formosa Fundamentals

About Formosa Plastics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Formosa Plastics Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Formosa Plastics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Formosa Plastics Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Formosa Plastics Corporation produces and sells intermediate raw materials for plastics in Taiwan, Mainland China, and internationally. The company was founded in 1954 and is headquartered in Kaohsiung City, Taiwan. FORMOSA PLASTIC operates under Rubber And Plastics 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 Plastics' price analysis, check to measure Formosa Plastics' 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 Plastics is operating at the current time. Most of Formosa Plastics' value examination focuses on studying past and present price action to predict the probability of Formosa Plastics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Plastics' price. Additionally, you may evaluate how the addition of Formosa Plastics to your portfolios can decrease your overall portfolio volatility.