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Formosan Rubber Group Inc
TWSE:2107

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Formosan Rubber Group Inc
TWSE:2107
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Price: 26.25 TWD 0.38% Market Closed
Market Cap: NT$8B

EV/GP

4
Current
2%
Cheaper
vs 3-y average of 4.1

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
4
=
Enterprise Value
NT$1.9B
/
Gross Profit
NT$493m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
4
=
Enterprise Value
NT$1.9B
/
Gross Profit
NT$493m

Valuation Scenarios

Formosan Rubber Group Inc is trading below its 3-year average

If EV/GP returns to its 3-Year Average (4.1), the stock would be worth NT$26.88 (2% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-16%
Maximum Upside
+173%
Average Upside
73%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 4 NT$26.25
0%
3-Year Average 4.1 NT$26.88
+2%
5-Year Average 3.4 NT$22.04
-16%
Industry Average 10.9 NT$71.67
+173%
Country Average 9.2 NT$60.64
+131%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

All Multiples
EV/GP
P/E
All Countries
Close

Market Distribution

Lower than 87% of companies in Taiwan
Percentile
13th
Based on 775 companies
13th percentile
4
Low
0.2 — 6.4
Typical Range
6.4 — 14.1
High
14.1 —
Distribution Statistics
Taiwan
Min 0.2
30th Percentile 6.4
Median 9.2
70th Percentile 14.1
Max 10 648.4

Formosan Rubber Group Inc
Glance View

Market Cap
8B TWD
Industry
Chemicals

Formosan Rubber Group, Inc. engages in the manufacturing and sale of rubber, plastic and latex leathers. The company is headquartered in Taipei City, Taipei. The firm operates businesses through three segments. The Rubber Products segment is engaged in the manufacture and sales of rubber sheets, plastic sheets, plastic foam sheets and polyurethane rubber sheets. Its products are applied in the manufacture of raincoats, bags, furniture, tents, automotive materials, life jackets, medical materials and diving suits. The Construction segment is engaged in the construction of residential and commercial buildings for rental and for sale. The Storage segment is engaged in the management of logistics and warehouses. The firm operates businesses in domestic and overseas markets, including Asia, Europe, North America and other regions.

Intrinsic Value
17.77 TWD
Overvaluation 32%
Intrinsic Value
Price NT$26.25
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