- Formosa Plastics has shown a year-on-year increase in sales, at NT$16.66B in April, compared to NT$16.20B in the previous year.
- This represents an increase of 2.9% in sales year on year.
- On a monthly basis, the sales have improved by 2.87%
- The market consensus is divided with 1 analyst advising to buy, 8 suggesting holding onto the stock, and 3 recommending selling.
- All comparisons to past results have been concluded from values reported by the company’s 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 manufacturer of plastics materials and chemical fiber products, holds strong potential for long-term investors based on its Smartkarma Smart Scores. With top scores in Value and Dividend, signaling favorable pricing and income generation, the company demonstrates stability and profitability. However, its Growth and Momentum scores indicate areas for improvement, suggesting potential challenges in expanding and market performance. With a focus on resilience, Formosa Plastics shows moderate strength in navigating economic uncertainties. Overall, investors may find Formosa Plastics a dependable option with competitive value and dividend prospects.
Formosa Plastics Corporation, specializing in PVC resins, high-density polyethylene, and various chemical products, presents a mixed picture for long-term investment. While the company excels in terms of value and dividends, suggesting reliability and financial health, its Growth and Momentum scores are more subdued, hinting at possible slower development and market traction. With a focus on resilience, Formosa Plastics displays a moderate ability to weather challenges and sustain operations. Investors evaluating Formosa Plastics may find a solid foundation in its strong value and dividend performance, with room for growth and momentum enhancements in the future.
### Summary: Formosa Plastics Corporation manufactures and markets a wide range of plastics materials and chemical fiber products, including PVC resins, high-density polyethylene, acrylic fiber, and various chemicals. The company’s focus on resilience, value, and dividends presents a sturdy investment profile, though growth and momentum aspects could benefit from further development. ###
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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