Formosa Plastics Corp
TWSE:1301

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Formosa Plastics Corp Logo
Formosa Plastics Corp
TWSE:1301
Watchlist
Price: 36.7 TWD 1.38%
Market Cap: 233.6B TWD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one Formosa Plastics Corp stock under the Base Case scenario is 38.93 TWD. Compared to the current market price of 36.7 TWD, Formosa Plastics Corp is Undervalued by 6%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
38.93 TWD
Undervaluation 6%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.2
P/S
P/S
Price to Sales
1.2
vs History
95
vs Industry
50
Median 3Y
2.2
Median 5Y
2.3
Industry
1.4
Forward
1.1
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
8
Median 3Y
15.7
Median 5Y
15.9
Industry
20
Forward
60.3
More Details
20.4
P/OCF
P/OCF
Price to OCF
20.4
vs History
28
vs Industry
22
Median 3Y
19.7
Median 5Y
15.4
Industry
12
More Details
14.4
P/FCFE
P/FCFE
Price to FCFE
14.4
vs History
65
vs Industry
34
Median 3Y
14.6
Median 5Y
16.6
Industry
19.9
More Details
0.8
P/B
P/B
Price to Book Value
0.8
vs History
95
vs Industry
69
Median 3Y
1.5
Median 5Y
1.5
Industry
1.5
More Details
1.4
EV/S
EV/S
Enterprise Value to Sales
1.4
vs History
95
vs Industry
45
Median 3Y
2
Median 5Y
2.2
Industry
1.5
Forward
1.4
More Details
28.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
28.3
vs History
33
vs Industry
9
Median 3Y
29
Median 5Y
17.6
Industry
6.6
More Details
59.4
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
59.4
vs History
33
vs Industry
7
Median 3Y
60.9
Median 5Y
21
Industry
11.9
Forward
33.5
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
30
Median 3Y
-68.3
Median 5Y
9.2
Industry
16.1
Forward
-445.7
More Details
25
EV/OCF
EV/OCF
Enterprise Value to OCF
25
vs History
28
vs Industry
20
Median 3Y
24.4
Median 5Y
14.3
Industry
13
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
0
Median 3Y
10.4
Median 5Y
13.8
Industry
18.4
More Details
0.7
EV/IC
EV/IC
Enterprise Value to IC
0.7
vs History
95
vs Industry
68
Median 3Y
1.2
Median 5Y
1.3
Industry
1.2
More Details

Multiples Across Competitors

Competitors Multiples
Formosa Plastics Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Formosa Plastics Corp
TWSE:1301
233.6B TWD 1.2 -189.7 59.4 -69
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 148.4 11.8 37.9
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
752.7T IDR 26.4 -681.5 -807.4 -807.4
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
45.6B USD 25.5 -658.8 -805.3 -805.3
US
Dow Inc
NYSE:DOW
20.1B USD 0.5 71.6 8.1 25.1
UK
LyondellBasell Industries NV
NYSE:LYB
18B USD 0.5 17 9 17.7
CN
Hengli Petrochemical Co Ltd
SSE:600346
111.5B CNY 0.5 16 19.3 19.3
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.2T INR 17.2 107.2 68.3 75.1
KR
LG Chem Ltd
KRX:051910
16.3T KRW 0.3 -23.6 5.3 32.2
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
83.3B CNY 0.3 109.5 27.8 27.8
CN
Zhejiang Juhua Co Ltd
SSE:600160
74.8B CNY 3 30.4 24.7 24.7
P/E Multiple
Earnings Growth PEG
TW
Formosa Plastics Corp
TWSE:1301
Average P/E: 71.4
Negative Multiple: -189.7 		N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
148.4
92%
1.6
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -681.5 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -658.8 N/A N/A
US
Dow Inc
NYSE:DOW
71.6
22%
3.3
UK
LyondellBasell Industries NV
NYSE:LYB
17
27%
0.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
16
17%
0.9
IN
Solar Industries India Ltd
NSE:SOLARINDS
107.2
35%
3.1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -23.6 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
109.5
N/A N/A
CN
Zhejiang Juhua Co Ltd
SSE:600160
30.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Formosa Plastics Corp
TWSE:1301
Average EV/EBIT: 32.5
Negative Multiple: -69 		N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
37.9
38%
1
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -807.4 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -805.3 N/A N/A
US
Dow Inc
NYSE:DOW
25.1
15%
1.7
UK
LyondellBasell Industries NV
NYSE:LYB
17.7
7%
2.5
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.3
9%
2.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
75.1
23%
3.3
KR
LG Chem Ltd
KRX:051910
32.2
99%
0.3
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
27.8
N/A N/A
CN
Zhejiang Juhua Co Ltd
SSE:600160
24.7
N/A N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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