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Formosa Plastics Corp 1301

Morningstar Rating
TWD 67.70 −0.20 (0.29%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

1301 is trading at a 13% discount.
Price
TWD 69.44
Fair Value
TWD 16.66
Uncertainty
High
1-Star Price
TWD 51.62
5-Star Price
TWD 48.13
Economic Moat
Rbhhyn
Capital Allocation
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News

Trading Information

Previous Close Price
TWD 67.70
Day Range
TWD 67.6068.50
52-Week Range
TWD 66.4094.80
Bid/Ask
TWD 67.70 / TWD 67.80
Market Cap
TWD 430.96 Bil
Volume/Avg
6.6 Mil / 7.6 Mil

Key Statistics

Price/Earnings (Normalized)
60.00
Price/Sales
2.17
Dividend Yield (Trailing)
6.20%
Dividend Yield (Forward)
6.20%
Total Yield
6.10%

Company Profile

Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.
Sector
Basic Materials
Industry
Specialty Chemicals
Stock Style Box
Large Core
Total Number of Employees
6,337

Comparables

Valuation

Metric
1301
1305
1313
Price/Earnings (Normalized)
60.0030.20
Price/Book Value
1.241.090.60
Price/Sales
2.170.760.25
Price/Cash Flow
72.218.9514.26
Price/Earnings
1301
1305
1313

Financial Strength

Metric
1301
1305
1313
Quick Ratio
1.301.271.16
Current Ratio
1.552.042.52
Interest Coverage
4.037.260.48
Quick Ratio
1301
1305
1313

Profitability

Metric
1301
1305
1313
Return on Assets (Normalized)
1.38%1.90%−0.77%
Return on Equity (Normalized)
2.07%3.45%−1.48%
Return on Invested Capital (Normalized)
1.90%2.51%−0.28%
Return on Assets
1301
1305
1313
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