- Formosa Plastics reported February sales of NT$12.93 billion.
- This represents a 27% decrease in sales compared to the same period last year.
- The company’s sales have dropped by 26.9% compared to previous figures.
- Formosa Plastics‘ current ratings stand at 1 buy, 9 holds, and 2 sells.
- All comparisons to past results are based on values reported by the company in its 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 company that specializes in manufacturing and selling plastic materials and chemical fiber products, has received positive ratings in terms of its long-term outlook. According to the Smartkarma Smart Scores, which rates companies on a scale of 1-5, Formosa Plastics has scored a 5 in both value and dividend factors, indicating a strong performance in these areas. This means that the company is considered to be a good investment opportunity and is expected to provide good returns to its shareholders.
However, the company has scored a 2 in growth and momentum, and a 3 in resilience. This suggests that while Formosa Plastics may not be experiencing significant growth and momentum in the short-term, it is expected to remain stable and resilient in the face of challenges. Overall, the company’s positive scores in value and dividend, along with its established presence in the market as a manufacturer of various plastic and chemical products, make it a promising prospect for long-term investors.
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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