Risk factor
Very poor trading liquidity
Profitability factor
Excellent dividends
About
Formosan Rubber Group Inc. (FRGI) operates as a multifaceted enterprise, primarily specializing in the production and distribution of a diverse range of rubber and plastic materials. Its offerings include various types of rubber, silicone rubber, laminated composites, PU lamination, PU coating, environmentally friendly "green" plastics, and PVC-based products, along with related raw materials. These materials are integral to numerous applications across different sectors, such as high-performance apparel and textiles, medical and healthcare supplies, industrial safety gear, inflatable items, and optical electronic components. Additionally, FRGI's products are vital inputs for the manufacturing of footwear, bags, and luggage. Beyond its core manufacturing activities, the company also engages in real estate development, encompassing the construction, rental, and sale of residential and commercial properties. Its interests further extend to property investment, comprehensive warehouse management, logistics solutions, and equipment leasing services. Established in 1952, Formosan Rubber Group Inc. maintains a significant global presence, with operations spanning Taiwan, the wider Asian region, the United States, Canada, and various other international markets. The company's corporate headquarters are situated in Taipei, Taiwan.
Company Valuation
From both historical and forecast perspectives, the stock is moderately underpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of f