Obermatt

Formosa Plastics

TAI:1301 · TW0001301000
ChemicalsLarge

360

9
Profit price83
Owner Earnings Yield1
Dividend Yield53
Price/Sales9
EV / Gross Profit3
Price/Book56
Return on Capital12
Cash Return on Capital33
Return on Equity35
EBIT Margin4
Gross Profitability6
Accruals56
Owner Earnings Margin23
Sales growth1
Profit growth76
Reinvestment95
Price momentum66
Debt load62
Refinancing9
Debt Payback1
Liquidity15
Analyst ratings37
Opinion Changes50
Price Target Upside56
Market mood3
Value Creation0/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Formosa Plastics doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Profile

CountryTaiwan
IndustryChemicals
SizeLarge
TypePublic Company
ExchangeTWSE
Founded1954
Employees206
Websitefpc.com.tw
ISINTW0001301000
Last UpdateApr 2, 2026
Themes
Packaging Services

Description

Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Business Segments The company operates through several distinct business segments…

Analysis

Weak and unloved

Formosa Plastics Corporation is weak and unloved: below-average business metrics and a price that reflects that disappointment.

Valuation data is not available for this company.

The trajectory is moderate and the balance sheet is stretched. The company scores 0/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
8
2023202420252026

All-time high

30

Jan 2024

All-time low

1

Jan 2025

Average rank

13

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
9
20
9
12
Price/Earnings
15
8
28
38
Price/Book
56
45
26
27
Dividend Yield
53
19
48
98
Value (overall)
8
11
19
39

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →