Ocean Plastics Co Ltd
TWSE:1321

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Ocean Plastics Co Ltd
TWSE:1321
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Price: 30.65 TWD -2.39% Market Closed
Market Cap: NT$7B

P/S

1.9
Current
12%
More Expensive
vs 3-y average of 1.7

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.9
=
Market Cap
NT$7.3B
/
Revenue
NT$3.6B

Price to Sales (P/S) ratio shows how much investors pay for each dollar of a company`s sales. It`s calculated by dividing the company`s market value by its total revenue.

P/S
1.9
=
Market Cap
NT$7.3B
/
Revenue
NT$3.6B

Valuation Scenarios

Ocean Plastics Co Ltd is trading above its 3-year average

If P/S returns to its 3-Year Average (1.7), the stock would be worth NT$27.44 (10% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-21%
Maximum Upside
No Upside Scenarios
Average Downside
14%
Scenario P/S Value Implied Price Upside/Downside
Current Multiple 1.9 NT$30.65
0%
3-Year Average 1.7 NT$27.44
-10%
5-Year Average 1.5 NT$24.85
-19%
Industry Average 1.5 NT$24.15
-21%
Country Average 1.8 NT$29.25
-5%

Forward P/S
Today’s price vs future revenue

Not enough data available to calculate forward P/S

Peer Comparison

All Multiples
P/S
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
TW
Ocean Plastics Co Ltd
TWSE:1321
Average P/E: 80.5
Negative Multiple: -24.5
N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -8.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
41.8
N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
27.1
N/A N/A
US
Dow Inc
NYSE:DOW
Negative Multiple: -10.4 N/A N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
16.6
N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -30.4 N/A N/A
TW
Nan Ya Plastics Corp
TWSE:1303
154.1
138%
1.1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -16.3 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
164.3
82%
2
CN
G
Guangzhou Tinci Materials Technology Co Ltd
SZSE:002709
79.2
92%
0.9

Market Distribution

In line with most companies in Taiwan
Percentile
52st
Based on 872 companies
52st percentile
1.9
Low
0.1 — 1.1
Typical Range
1.1 — 3.1
High
3.1 —
Distribution Statistics
Taiwan
Min 0.1
30th Percentile 1.1
Median 1.8
70th Percentile 3.1
Max 384 578.4

Ocean Plastics Co Ltd
Glance View

Market Cap
7B TWD
Industry
Chemicals

Ocean Plastics Co., Ltd. is engaged in the manufacturing and selling of PVC raw, construction and plastic industry supplementary materials. The company is headquartered in Taipei City, Taipei. The firm primarily provides plastic cloths, plastic leather products, synthetic leather products, plastic construction materials and plastic raw materials. The Company’s products are primarily applied in the manufacture of file folders, stationery related products, balls, shoes, purses, handbags, furniture, sports equipment, tubes, as well as electrical insulating materials, among others. The firm distributes its products in Taiwan, Mainland China, Hong Kong, India and the United States, among others.

Intrinsic Value
20.38 TWD
Overvaluation 34%
Intrinsic Value
Price NT$30.65
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