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Far Eastern New Century Corporation (1402.TW)

TWD27.55 +1.20 (+4.55%)
TW TAI Consumer Cyclical Apparel - Manufacturers
Address Taipei Metro Tower
Taipei, TW
CEO Chengyu Zheng
Website fenc.com
IPO 2000-01-04
ISIN TW0001402006

Explore sections of this company profile

Description

Far Eastern New Century Corporation (FENC) is a global enterprise specializing in the production and distribution of polyester-based materials and a wide array of textile products, spanning from semi-finished goods to completed garments. The company's operations are diversified across several key business segments, including Petrochemicals, Chemical Fibers, Textiles, Telecommunication Services, Real Estate Development, and various Investment ventures. FENC's product portfolio is extensive, covering a broad range of items such as solid-state polymers like resins, PET sheets, shrinkable films, and preform bottles. It also manufactures non-woven fibers, fiber filaments, and diverse textile types, including cotton, synthetic, and blended fabrics and yarns. Its offerings extend to consumer goods like towels and bed sheets, and a variety of apparel, including sportswear, outerwear, children's clothing, shirts, and loungewear. Additionally, the company provides specialized services such as yarn, silk, and cloth printing and dyeing. Beyond its core textile and polymer activities, FENC is actively involved in real estate, undertaking property development, construction, leasing, and sales. It produces and markets a comprehensive range of petrochemical materials, chemical and staple fibers, various polyester derivatives (including recycled PET, PTA, chips, and filaments), and associated by-products. The company's diverse interests also include brewing and distributing beers, providing infrastructure services like pipe and cable installation, and trading in electronic components, communication devices, and office equipment. The group's extensive scope further encompasses a wide array of services and industries, such as electronic toll collection, digital payment solutions, waste recycling and reprocessing, transportation, hospitality (hotels), market research and advertising, and the provision of intelligent control and security monitoring equipment. It also participates in the wholesale of machinery and lubricants, computer system design and development, international import and export trade, and the manufacturing and distribution of medical supplies. Established in 1942, Far Eastern New Century Corporation is headquartered in Taipei, 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
TWD27.55 +1.20 (+4.55%)
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Volume Profile
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Liquidity & share structure
Average Volume
37M
Beta
0.17
Float Shares
3.63B
Free Float %
67.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.12% +0.95% -0.19% -6.21% -4.68% -4.86% -18.11% -16.69% -10.79% +18.61% +1.38%
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
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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
27.55
DCF (Unlevered) 85.68 +211.0%
DCF (Levered) 92.85 +237.0%

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) 0% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 0 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.76
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Manufacturers: +3.9%
    -6.1% Q1'26: -1.4% (vs Q1'25)
  • EPS growth Apparel - Manufacturers: +10.5%
    -22.1% Q1'26: +32.6% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Manufacturers: +37.5%
    +9.2% Q1'26: +11.3% (vs Q1'25)
  • EBIT margin Apparel - Manufacturers: +8.0%
    +6.6% Q1'26: +8.0% (vs Q1'25)
  • ROIC Apparel - Manufacturers: +6.0%
    +2.5% Q1'26: +2.9% (vs Q1'25)
  • Share dilution Apparel - Manufacturers: +0.0%
    +116.4% Q1'26: +80.2% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Manufacturers: 0.02×
    5.58× Q1'26: 13.47× (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 (0.18) × ERP
WACC = 52% × Ke + 48% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 85.68 Current price: 27.55
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
1 Rev. Ana.
1 EPS Ana.
Revenue
217.29B
est: 223.51B (-2.8%)
215.82B
est: 213.54B (+1.1%)
216.20B
est: 220.80B (-2.1%)
228.66B
est: 230.40B (-0.8%)
250.12B
est: 248.68B (+0.6%)
206.77B
est: 200.05B (+3.4%)
238.81B
est: 235.26B (+1.5%)
263.94B
est: 264.67B (-0.3%)
257.20B
est: 265.27B (-3.0%)
270.61B
est: 267.16B (+1.3%)
254.06B
est: 254.43B (-0.1%)
299.59B
299.59B – 299.59B
+17.8% YoY
EBITDA
40.42B
est: 44.63B (-9.4%)
35.72B
est: 42.64B (-16.2%)
35.70B
est: 44.09B (-19.0%)
38.41B
est: 46.01B (-16.5%)
49.29B
est: 49.66B (-0.7%)
44.82B
est: 39.95B (+12.2%)
48.07B
est: 46.98B (+2.3%)
48.21B
est: 52.85B (-8.8%)
51.29B
est: 51.34B (-0.1%)
53.66B
est: 51.71B (+3.8%)
47.28B
est: 49.25B (-4.0%)
57.99B
57.99B – 57.99B
+17.8% YoY
EBIT
22.15B
est: 19.20B (+15.4%)
16.57B
est: 18.34B (-9.6%)
15.38B
est: 18.97B (-18.9%)
17.52B
est: 19.79B (-11.5%)
22.35B
est: 21.36B (+4.6%)
19.06B
est: 17.18B (+10.9%)
20.52B
est: 20.21B (+1.5%)
20.49B
est: 22.73B (-9.9%)
23.16B
est: 21.39B (+8.2%)
22.65B
est: 21.55B (+5.1%)
16.75B
est: 20.52B (-18.4%)
24.16B
24.16B – 24.16B
+17.8% YoY
Net Income
8.03B
est: 8.95B (-10.3%)
6.31B
est: 5.58B (+13.0%)
8.07B
est: 7.90B (+2.2%)
12.03B
est: 11.66B (+3.1%)
16.44B
est: 10.78B (+52.5%)
12.98B
est: 7.91B (+64.0%)
14.84B
est: 10.80B (+37.5%)
13.34B
est: 8.22B (+62.4%)
8.23B
est: 20.75B (-60.3%)
10.03B
est: 19.53B (-48.6%)
7.83B
est: 17.67B (-55.7%)
25.64B
25.64B – 25.64B
+45.1% YoY
SGA
35.19B
est: 29.91B (+17.6%)
35.77B
est: 28.58B (+25.2%)
33.45B
est: 29.55B (+13.2%)
28.57B
est: 30.83B (-7.3%)
29.62B
est: 33.28B (-11.0%)
29.06B
est: 26.77B (+8.5%)
33.83B
est: 31.48B (+7.5%)
34.94B
est: 35.42B (-1.4%)
31.57B
est: 34.98B (-9.8%)
35.67B
est: 35.23B (+1.3%)
33.21B
est: 33.55B (-1.0%)
39.50B
39.50B – 39.50B
+17.8% YoY
EPS
1.61
est: 1.78 (-9.3%)
1.26
est: 1.11 (+13.8%)
1.61
est: 1.57 (+2.8%)
2.41
est: 2.31 (+4.2%)
3.29
est: 2.14 (+53.9%)
2.60
est: 1.57 (+65.6%)
2.98
est: 2.14 (+39.1%)
2.67
est: 1.63 (+63.8%)
1.64
est: 1.90 (-13.8%)
2.00
est: 1.79 (+11.7%)
1.55
est: 1.62 (-4.3%)
2.35
2.35 – 2.35
+45.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-11 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-08 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-07 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-06 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-05 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-05-04 B 3/5 5/5 2/5 3/5 1/5 2/5 4/5
2026-04-30 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-29 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-28 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-27 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-24 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-23 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-22 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-21 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-20 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-17 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5
2026-04-16 B+ 3/5 5/5 2/5 4/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
19.72B
OE per share TTM
3.77
Owner's Yield
6.78%
Maintenance CapEx ratio
376.12%
Maint CapEx / Avg PPE
76.9%

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 98 ETFs in our universe

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
504.0K
Shares Outstanding
5.35B

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
C. Y. Lin Chief Human Resources Officer male
Chengyu Zheng Manager
Chien-Cheng Wang Chief Financial Officer male
David Shih Senior Vice President of Polyester Business male
Eric Chueh Chief Operating Officer
Li-Chi Chen Senior Vice President of Legal Department male
Minxiong Cai Accounting Supervisor male
Raymond Hsu Chief Auditor of Chairman Office male
Shaw Y. Wang Chief Philanthropic Director of Chairman Office & Director male
Tony Liang Senior Vice President of Textile Business 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