- Formosa Plastics reported a sales figure of NT$17.66 billion in March
- This figure represents a decrease of 12% year over year, from NT$20.12 billion in sales during the same period last year
- Based on monthly comparison, the sales showed a minor decrease of 0.12%
- Current market consensus is diversified with one analyst recommending to buy, nine suggesting to hold, and two recommending to sell
- The comparative analysis was done using the values provided by the company’s original disclosures
A look at Formosa Plastics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Formosa Plastics Corporation, a prominent manufacturer of plastics materials and chemical fiber products, has earned high scores in both Value and Dividend factors, reflecting its strong financial position and commitment to rewarding its shareholders. With a perfect score in both categories, Formosa Plastics demonstrates stability and attractiveness for potential investors seeking long-term prospects.
Despite receiving somewhat lower scores in Growth, Resilience, and Momentum, Formosa Plastics remains a solid investment choice due to its established presence in the market and diversified product offering. The company’s ability to weather economic downturns, coupled with its consistent dividend payouts, positions it as a reliable player in the industry, making it a promising prospect for investors looking for steady returns over time.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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