Formosa Taffeta Co Ltd
TWSE:1434
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (9.9), the stock would be worth NT$15.12 (5% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 10.5 | NT$15.9 |
0%
|
| 3-Year Average | 9.9 | NT$15.12 |
-5%
|
| 5-Year Average | 10.8 | NT$16.45 |
+3%
|
| Industry Average | 9.7 | NT$14.78 |
-7%
|
| Country Average | 13.2 | NT$20 |
+26%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| TW |
F
|
Formosa Taffeta Co Ltd
TWSE:1434
|
26.8B TWD | 10.5 | 30.9 | |
| HK |
C
|
Cecep Costin New Materials Group Ltd
HKEX:2228
|
36.5B HKD | -192.1 | 256.7 | |
| CN |
H
|
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
|
30.4B CNY | 89.6 | 122.4 | |
| CN |
S
|
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
|
28B CNY | 66.9 | 836.4 | |
| IN |
S
|
Spentex Industries Ltd
NSE:SPENTEX
|
291.1B INR | -997.5 | -72 690.1 | |
| TW |
|
Eclat Textile Co Ltd
TWSE:1476
|
91.6B TWD | 12.1 | 16.6 | |
| IN |
|
Sumeet Industries Ltd
NSE:SUMEETINDS
|
260B INR | 72 | 274.9 | |
| CN |
D
|
Deyun Holding Ltd
HKEX:1440
|
18.6B HKD | 340.5 | -165.4 | |
| CN |
W
|
Weiqiao Textile Co Ltd
HKEX:2698
|
17.9B HKD | -7.6 | -11.1 | |
| UK |
|
Coats Group PLC
LSE:COA
|
1.6B GBP | 9.6 | 20.8 | |
| CN |
|
Bros Eastern Co Ltd
SSE:601339
|
12.7B CNY | 17.2 | 23.2 |
Market Distribution
| Min | 0.5 |
| 30th Percentile | 8.9 |
| Median | 13.2 |
| 70th Percentile | 20.4 |
| Max | 5 587.5 |
Other Multiples
Formosa Taffeta Co Ltd
Glance View
Formosa Taffeta Co., Ltd. engages in textile industry, which focuses on weaving of filaments, dyeing, printing, and finishing. The company is headquartered in Douliou, Yunlin. The weaving business, dyeing business and works business are engaged in the provision of blended fabrics, staple fiber fabrics, long and short woven fabrics, polyamine and polyester fabrics, and various plain woven fabrics. The cords business and industrial materials business are engaged in the provision of polyamine and polyester tire cords, pure cotton yarns, blended yarns, functional yarns, special protective yarns and fabrics, medical care fabrics, bulletproof fabrics, carbon fiber fabrics, composite fabrics and plastic bags. The oil products business is engaged in the operation of gas stations to sell gasoline, diesel and kerosene products, and the provision of car wash services. The formosa technology business is engaged in the assembly, testing, module processing, research and development of various integrated circuits.
