Formosan Financial Statements From 2010 to 2024
2107 Stock | TWD 25.85 0.05 0.19% |
Check Formosan Rubber financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Formosan Rubber's main balance sheet or income statement drivers, such as , as well as many indicators such as . Formosan financial statements analysis is a perfect complement when working with Formosan Rubber Valuation or Volatility modules.
Formosan |
Formosan Rubber Group Company Current Valuation Analysis
Formosan Rubber's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Formosan Rubber Current Valuation | 1.73 B |
Most of Formosan Rubber's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Formosan Rubber Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Formosan Rubber Group has a Current Valuation of 1.73 B. This is 90.43% lower than that of the Chemicals sector and 6.27% higher than that of the Materials industry. The current valuation for all Taiwan stocks is 89.58% higher than that of the company.
Formosan Rubber Group Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formosan Rubber's current stock value. Our valuation model uses many indicators to compare Formosan Rubber value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosan Rubber competition to find correlations between indicators driving Formosan Rubber's intrinsic value. More Info.Formosan Rubber Group is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.29 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Formosan Rubber Group is roughly 3.42 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Formosan Rubber's earnings, one of the primary drivers of an investment's value.About Formosan Rubber Financial Statements
Formosan Rubber investors use historical fundamental indicators, such as Formosan Rubber's revenue or net income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Formosan Rubber. Please read more on our technical analysis and fundamental analysis pages.
Formosan Rubber Group Inc. manufactures and sells plastic, rubber, and leather products. The company was founded in 1952 and is headquartered in Taoyuan, Taiwan. FORMOSAN RUBBER is traded on Taiwan Stock Exchange in Taiwan.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Formosan Stock Analysis
When running Formosan Rubber's price analysis, check to measure Formosan Rubber's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Formosan Rubber is operating at the current time. Most of Formosan Rubber's value examination focuses on studying past and present price action to predict the probability of Formosan Rubber's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosan Rubber's price. Additionally, you may evaluate how the addition of Formosan Rubber to your portfolios can decrease your overall portfolio volatility.