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Formosa Plastics Corporation (1301.TW)

TWD65.70 +2.10 (+3.30%)
TW TAI Basic Materials Chemicals - Specialty
Address No. 100, Shuiguan Rd. 814
Kaohsiung, TW
CEO Jerry Lin
Website fpc.com.tw
IPO 2000-01-04
ISIN TW0001301000

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Description

Formosa Plastics Corporation operates as a leading manufacturer and global supplier, producing plastic raw materials, chemical fibers, and a diverse range of petrochemical products. The company's reach extends throughout Taiwan, mainland China, and various international markets. Its extensive plastics portfolio encompasses materials such as PVC, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), ethylene vinyl acetate (EVA) copolymer, polyethylene wax, polypropylene (PP), polyacetal, and various compound rubber particles. Beyond plastics, Formosa Plastics manufactures a broad spectrum of chemical substances. These include liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether (MTBE), acrylate, superabsorbent resin, and n-butanol. The corporation also develops and offers carbon fibers, in addition to providing advanced industrial computer systems for process control (DCS), warehouse logistics, real-time production management, safety monitoring, and laboratory information management. Further diversifying its offerings, Formosa Plastics supplies specialized items like dye-sensitized batteries, processing aids, impact modifiers, "haibo" products, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, hydrochloric acid, and antibacterial solutions. These versatile products are utilized across a wide array of applications and industries, including daily necessities, outdoor sports equipment, mechanical engineering, building materials and coatings, 3C home appliances, and various civil and agricultural livestock sectors. Formosa Plastics Corporation was established in 1954 and maintains its corporate headquarters in Kaohsiung, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD65.70 +2.10 (+3.30%)
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Volume Profile
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Liquidity & share structure
Average Volume
36M
Beta
0.48
Float Shares
4.12B
Free Float %
64.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.11% -9.71% -15.19% -2.13% +8.23% +18.08% +24.80% -50.43% -51.78% -40.35% +63.53%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
65.70
DCF (Unlevered) 64.55 -1.7%
DCF (Levered) 15.56 -76.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 2 0
Hold 2 0
Sell 1 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.39
Distress
Piotroski F-Score
2 / 9
Weak
MOAT Score
1 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
4 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
2 / 5
Medium
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -12.3% Q1'26: -11.1% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -731.6% Q1'26: +5,000.0% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    -3.8% Q1'26: -10.2% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    -4.3% Q1'26: -3.1% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    -2.0% Q1'26: -1.3% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    -0.1% Q1'26: +27.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    42.77× Q1'26: -25.11× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.54) × ERP
WACC = 70% × Ke + 30% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 63.50 Current price: 65.70
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
2 EPS Ana.
Dec 2027
4 Rev. Ana.
3 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Revenue
191.55B
est: 192.31B (-0.4%)
180.17B
est: 187.33B (-3.8%)
206.71B
est: 201.32B (+2.7%)
230.37B
est: 225.20B (+2.3%)
207.85B
est: 214.05B (-2.9%)
185.81B
est: 185.15B (+0.4%)
273.60B
est: 273.08B (+0.2%)
251.65B
est: 249.22B (+1.0%)
199.14B
est: 197.70B (+0.7%)
200.04B
est: 198.36B (+0.8%)
175.41B
est: 177.74B (-1.3%)
164.30B
150.39B – 171.59B
-7.6% YoY
172.60B
162.51B – 183.09B
+5.1% YoY
184.29B
184.29B – 184.29B
+6.8% YoY
EBITDA
44.84B
est: 32.09B (+39.7%)
54.18B
est: 31.26B (+73.3%)
64.88B
est: 33.60B (+93.1%)
32.79B
est: 37.58B (-12.7%)
50.97B
est: 35.72B (+42.7%)
33.38B
est: 30.90B (+8.0%)
95.09B
est: 45.57B (+108.7%)
53.29B
est: 41.59B (+28.1%)
9.23B
est: 26.58B (-65.3%)
9.82B
est: 26.67B (-63.2%)
3.06B
est: 23.89B (-87.2%)
22.09B
20.22B – 23.07B
-7.6% YoY
23.20B
21.85B – 24.61B
+5.1% YoY
24.78B
24.78B – 24.78B
+6.8% YoY
EBIT
10.50B
est: 24.68B (-57.5%)
13.02B
est: 24.04B (-45.9%)
21.94B
est: 25.84B (-15.1%)
58.57B
est: 28.90B (+102.6%)
43.58B
est: 27.47B (+58.6%)
25.37B
est: 23.76B (+6.8%)
86.75B
est: 35.05B (+147.5%)
44.83B
est: 31.99B (+40.2%)
1.17B
est: 18.28B (-93.6%)
822.61M
est: 18.34B (-95.5%)
-7.51B
est: 16.43B (-145.7%)
15.19B
13.91B – 15.87B
-7.6% YoY
15.96B
15.03B – 16.93B
+5.1% YoY
17.04B
17.04B – 17.04B
+6.8% YoY
Net Income
30.88B
est: 31.00B (-0.4%)
39.39B
est: 34.54B (+14.0%)
49.38B
est: 45.86B (+7.7%)
49.55B
est: 54.64B (-9.3%)
37.32B
est: 39.65B (-5.9%)
20.04B
est: 18.68B (+7.2%)
71.36B
est: 70.21B (+1.6%)
36.14B
est: 39.52B (-8.6%)
7.34B
est: 5.36B (+37.0%)
-1.23B
est: -1.74B (+29.2%)
-10.05B
est: -10.05B (+0.0%)
4.03B
3.30B – 4.77B
+140.1% YoY
9.83B
6.12B – 13.70B
+143.5% YoY
18.39B
16.67B – 19.63B
+87.1% YoY
SGA
10.47B
est: 11.11B (-5.7%)
10.49B
est: 10.82B (-3.0%)
10.56B
est: 11.63B (-9.2%)
10.83B
est: 13.01B (-16.8%)
10.67B
est: 12.36B (-13.7%)
10.89B
est: 10.69B (+1.8%)
14.20B
est: 15.77B (-10.0%)
13.87B
est: 14.40B (-3.7%)
12.07B
est: 11.71B (+3.1%)
12.52B
est: 11.75B (+6.5%)
11.56B
est: 10.53B (+9.8%)
9.73B
8.91B – 10.16B
-7.6% YoY
10.22B
9.62B – 10.84B
+5.1% YoY
10.91B
10.91B – 10.91B
+6.8% YoY
EPS
4.85
est: 4.87 (-0.4%)
6.19
est: 5.43 (+14.1%)
7.76
est: 7.20 (+7.7%)
7.78
est: 8.58 (-9.4%)
5.86
est: 6.23 (-5.9%)
3.15
est: 2.94 (+7.3%)
11.21
est: 11.03 (+1.6%)
5.68
est: 6.28 (-9.5%)
1.15
est: 0.84 (+36.7%)
-0.19
est: -0.28 (+31.4%)
-1.58
est: -1.42 (-10.9%)
0.62
0.52 – 0.75
+143.5% YoY
1.54
0.96 – 2.15
+149.1% YoY
2.89
2.62 – 3.09
+87.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-11 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-08 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-07 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-06 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-05 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-05-04 C+ 2/5 4/5 1/5 1/5 2/5 1/5 4/5
2026-04-30 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-29 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 1/5 1/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-9.44B
OE per share TTM
-1.64
Owner's Yield
-3.11%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
50.1%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 135 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares MSCI Taiwan ETF EWT 0.53% 56.42M 0.59%
2 Franklin FTSE Taiwan ETF FLTW 0.34% 10.12M 0.19%
3 HSBC ETFs Public Limited Company - HSBC MSCI Taiwan UCITS ETF HTWN.L 0.32% 345.3K 0.50%
4 iShares MSCI Taiwan UCITS ETF IDTW.L 0.31% 4.81M 0.74%
5 Xtrackers MSCI Taiwan UCITS ETF 1C XMTD.L 0.31% 1.46M 0.65%
6 Schwab Fundamental Emerging Markets Large Company Index ETF FNDE 0.30% 28.68M 0.39%
7 Franklin FTSE Taiwan UCITS ETF FLXT.MI 0.30% 1.95M 0.19%
8 Invesco FTSE RAFI Emerging Markets UCITS ETF PSRM.L 0.17% 144.9K 0.49%
9 Avantis Emerging Markets ex-China Equity ETF AVXC 0.17% 690.2K 0.33%
10 iShares MSCI EM Islamic UCITS ETF ISDE.L 0.15% 1.14M 0.35%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-1.01M
Shares Outstanding
6.37B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jerry Lin President 8M male
Tony Liang Executive Vice President 6M male
I-Chih Yeh Deputy General Manager 4M male
Jung-Hung Kao Deputy General Manager 4M male
Chao-Jung Chen Deputy General Manager 4M male
Chi-Lin Wei MD & Independent Director 2M male
Ruey-Yu Wang MD & Executive Director 50.0K female
Wen-Chiao Wang MD & Executive Director 50.0K male
Wen-Yuan Wong MD & Executive Director 50.0K male
Zhen-Xiao Lei Senior Vice President of Finance Division male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits