Formosa Laboratories Financials
| 4746 Stock | TWD 73.60 0.70 0.96% |
Formosa |
Understanding current and past Formosa Laboratories Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Formosa Laboratories' financial statements are interrelated, with each one affecting the others. For example, an increase in Formosa Laboratories' assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Formosa Laboratories' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Formosa Laboratories. Check Formosa Laboratories' Beneish M Score to see the likelihood of Formosa Laboratories' management manipulating its earnings.
Formosa Laboratories Stock Summary
Formosa Laboratories competes with Adimmune Corp, Chunghwa Chemical, SCI Pharmtech, Grape King, and Abnova Taiwan. Formosa Laboratories, Inc. produces and sells active pharmaceutical ingredients and UV-filters worldwide. The company was founded in 1995 and is based in Taoyuan, Taiwan. FORMOSA LABORATORIES operates under Drug Manufacturers - Specialty Generic classification in Taiwan and is traded on Taiwan Stock Exchange.| Instrument | Taiwan Stock View All |
| Exchange | Taiwan Stock Exchange |
| ISIN | TW0004746003 |
| Business Address | 36 Hoping Street, |
| Sector | Pharmaceuticals |
| Industry | Health Care |
| Benchmark | Dow Jones Industrial |
| Website | www.formosalab.com |
| Phone | 886 3 324 0895 |
| Currency | TWD - New Taiwan Dollar |
You should never invest in Formosa Laboratories without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Formosa Stock, because this is throwing your money away. Analyzing the key information contained in Formosa Laboratories' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Formosa Laboratories Key Financial Ratios
There are many critical financial ratios that Formosa Laboratories' investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Formosa Laboratories reports annually and quarterly.| Return On Equity | -0.0393 | |||
| Return On Asset | 0.0034 | |||
| Target Price | 40.1 | |||
| Number Of Employees | 23 | |||
| Beta | 0.86 |
Formosa Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Formosa Laboratories's current stock value. Our valuation model uses many indicators to compare Formosa Laboratories value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Formosa Laboratories competition to find correlations between indicators driving Formosa Laboratories's intrinsic value. More Info.Formosa Laboratories is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers . 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 Formosa Laboratories' earnings, one of the primary drivers of an investment's value.Formosa Laboratories Systematic Risk
Formosa Laboratories' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Formosa Laboratories 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 Formosa Laboratories correlated with the market. If Beta is less than 0 Formosa Laboratories generally moves in the opposite direction as compared to the market. If Formosa Laboratories Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Formosa Laboratories is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Formosa Laboratories is generally in the same direction as the market. If Beta > 1 Formosa Laboratories moves generally in the same direction as, but more than the movement of the benchmark.
Formosa Laboratories March 23, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Formosa Laboratories help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Formosa Laboratories. We use our internally-developed statistical techniques to arrive at the intrinsic value of Formosa Laboratories based on widely used predictive technical indicators. In general, we focus on analyzing Formosa Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Formosa Laboratories's daily price indicators and compare them against related drivers.
| Information Ratio | 0.0183 | |||
| Maximum Drawdown | 9.33 | |||
| Value At Risk | (2.73) | |||
| Potential Upside | 2.81 |
Additional Tools for Formosa Stock Analysis
When running Formosa Laboratories' price analysis, check to measure Formosa Laboratories' 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 Formosa Laboratories is operating at the current time. Most of Formosa Laboratories' value examination focuses on studying past and present price action to predict the probability of Formosa Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Formosa Laboratories' price. Additionally, you may evaluate how the addition of Formosa Laboratories to your portfolios can decrease your overall portfolio volatility.