Earnings Alerts

Formosa Chemicals & Fibre (1326) Earnings: June Sales Surge by 24.4% to NT$31.29 Billion

  • Formosa Chemicals June Sales: NT$31.29 billion
  • Sales Increase: Up by 24.4% compared to the previous period
  • Analyst Ratings:
    • 2 Buys
    • 9 Holds
    • 3 Sells

A look at Formosa Chemicals & Fibre Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth2
Resilience3
Momentum2
OVERALL SMART SCORE3.0

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

Analysts are optimistic about the long-term outlook for Formosa Chemicals & Fibre, with a strong performance in Value scoring top marks. This indicates that the company is considered to be undervalued compared to its peers, offering potential for growth in the future. While Growth and Momentum scores are relatively lower, suggesting slower growth and momentum in the market, other factors such as Dividend and Resilience are still solid. These scores point to stability in the company’s dividend payments and its ability to weather economic uncertainties.

Formosa Chemicals & Fibre Corporation stands out with a top-notch Value score and respectable marks in Dividend, Resilience, and Momentum. As a manufacturer and marketer of petrochemical products, nylon fiber, and rayon staple fiber primarily in Taiwan and other Asian markets, Formosa Chemicals & Fibre shows promise for investors seeking potential opportunities in the sector. The company’s ability to maintain solid dividend payments and demonstrate resilience in challenging times further adds to its appeal among analysts evaluating long-term prospects.


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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