- Formosa Plastics reported July sales of NT$17.71 billion.
- Sales increased by 6.4% compared to the previous year.
- Last year, July sales were NT$16.65 billion.
- Analysts have a mixed outlook: 2 buy recommendations, 10 hold recommendations, and 3 sell recommendations.
- Comparison data is based on the company’s original disclosures.
A look at Formosa Plastics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
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, a company specializing in manufacturing plastics materials and chemical fiber products, has received favorable scores in several key areas according to Smartkarma Smart Scores. With a high Value score of 5, the company is viewed positively in terms of its intrinsic value and investment potential. Additionally, Formosa Plastics has shown moderate Resilience with a score of 3, indicating a stable foundation to weather economic fluctuations.
However, there are areas where Formosa Plastics could improve its long-term outlook. With Growth and Momentum scores both at 2, the company may face challenges in terms of future expansion and market momentum. Similarly, the Dividend score of 2 suggests room for enhancement in rewarding its investors with dividend payouts. Despite these considerations, Formosa Plastics maintains a solid presence in the market with its diverse product portfolio and focus on materials crucial to various industries.
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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