NT$ 38.95
Key Takeaways
Risk factor
Strong trading liquidity
Profitability factor
Very weak growth
About
Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid...
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. Specifically, the stock is 'expensive' on P/E, overvalued on EV/EB
Target Price
The average target price of 1301.TW is 45 and suggests 15% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre