Earnings Alerts

Formosa Petrochemical (6505) Earnings Report: March Sales Plunge by 4.8%, Drawing Mixed Analyst Ratings

  • Formosa Petro earned a revenue of NT$57.64B in March.
  • There was a -4.8% decline in sales.
  • The stock had 3 buys, 8 holds, and 1 sell.

A look at Formosa Petrochemical Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth5
Resilience4
Momentum2
OVERALL SMART SCORE3.2

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 Petrochemical Corp, known for refining crude oil and marketing petroleum products, boasts an impressive long-term outlook based on its Smartkarma Smart Scores. With a top-notch Growth score of 5, the company is primed for expansion and development in the foreseeable future. Coupled with a solid Resilience score of 4, Formosa Petrochemical shows resilience and adaptability in the face of challenges, enhancing its overall stability and sustainability.

Despite middling scores in Value and Dividend factors, Formosa Petrochemical‘s strong Growth and Resilience scores position it well for long-term success and growth in the industry. While Momentum may be lagging slightly, the company’s core strengths in growth and resilience are key indicators of its promising trajectory moving forward.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars