Formosan Rubber Financials
| 2107 Stock | TWD 26.40 0.15 0.56% |
Formosan |
Understanding current and past Formosan Rubber Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formosan Rubber's financial statements are interrelated, with each one affecting the others. For example, an increase in Formosan Rubber's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formosan Rubber's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formosan Rubber Group. Check Formosan Rubber's Beneish M Score to see the likelihood of Formosan Rubber's management manipulating its earnings.
Formosan Rubber Stock Summary
Formosan Rubber competes with Nankang Rubber, Federal Corp, Kenda Rubber, Yulon, and Sanyang. 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.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0002107000 |
| Business Address | No 82, Hankou |
| Sector | Chemicals |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.frg.com.tw |
| Phone | 886 2 2370 0988 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Formosan Rubber without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formosan Stock, because this is throwing your money away. Analyzing the key information contained in Formosan Rubber's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formosan Rubber Key Financial Ratios
There are many critical financial ratios that Formosan Rubber's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Formosan Rubber Group reports annually and quarterly.| Return On Equity | 0.0773 | |||
| Return On Asset | 0.0226 | |||
| Target Price | 42.0 | |||
| Number Of Employees | 17 | |||
| Beta | 0.66 |
Formosan Financial Ratios 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.Formosan Rubber Group Systematic Risk
Formosan Rubber's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formosan Rubber volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Formosan Rubber Group correlated with the market. If Beta is less than 0 Formosan Rubber generally moves in the opposite direction as compared to the market. If Formosan Rubber Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosan Rubber Group is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosan Rubber is generally in the same direction as the market. If Beta > 1 Formosan Rubber moves generally in the same direction as, but more than the movement of the benchmark.
Formosan Rubber Thematic Clasifications
Formosan Rubber Group is part of Plastics investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories
This theme covers Rubber and plastics accessories. Companies manufacturing rubber and plastics accessories. Get More Thematic Ideas
| Plastics | View |
Formosan Rubber March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formosan Rubber help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formosan Rubber Group. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosan Rubber Group based on widely used predictive technical indicators. In general, we focus on analyzing Formosan Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosan Rubber's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.6229 | |||
| Information Ratio | 0.0987 | |||
| Maximum Drawdown | 2.35 | |||
| Value At Risk | (0.96) | |||
| Potential Upside | 0.9671 |
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.