Earnings Alerts

Formosa Chemicals & Fibre (1326) Earnings Surge with May Sales Reaching NT$33.04 Billion, a 34.8% Increase

  • Formosa Chemicals reported sales of NT$33.04 billion for May 2024.
  • Sales increased by 34.8% compared to the previous period.
  • Current analyst recommendations:
    • 2 buy ratings
    • 9 hold ratings
    • 3 sell ratings

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

Analyzing Formosa Chemicals & Fibre using Smartkarma’s Smart Scores paints a positive picture for the company’s long-term outlook. With a top score of 5 in the Value category, it indicates that the company is deemed to offer excellent value based on various financial metrics. Additionally, Formosa Chemicals & Fibre scores moderately well in Dividend and Resilience with scores of 3, indicating a stable dividend payment and a resilient business model.

However, the company lags behind in Growth and Momentum, scoring 2 in both areas. This suggests that while Formosa Chemicals & Fibre may not be experiencing rapid growth or strong market momentum currently, its solid value, dividend payout, and resilience factors provide a strong foundation for potential future growth. Overall, Formosa Chemicals & Fibre Corporation, a manufacturer of petrochemical products and fibers with a focus on the Taiwanese and Asian markets, seems well-positioned for long-term success based on the Smart Scores assessment.


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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