Subscribe

Formosan Rubber Group Inc. (2107.TW)

TWD26.00 +0.00 (+0.00%)
TW TAI Basic Materials Chemicals - Specialty
Address No. 82, Hankou Street 106
Taipei, TPE, TW
CEO Cheng Chi Hsu
Website frg.com.tw
IPO 2000-01-04
ISIN TW0002107000

Explore sections of this company profile

Description

Formosan Rubber Group Inc., together with its subsidiaries, manufactures and sells rubber and plastic sheets, plastic foam, resin sheets, and related materials. The company offers manufacturing and selling products including plastic raincoat material, clip fabric, air beds, polyvinyl chloride rubber, automotive parts, rubber boat material, rubber tape, rubber foam bag fabric, rubber air beds, rubber space bags, polyurethane inflatable beds, and inflatable boat fabric; environmental protection equipment; electronic (IC) products; silicone rubber, resin, oil, sealant, and resin materials; as well as laminated, PU lamination, PU coating, green plastic, and PVC products. It is also involved in the development of residential and commercial buildings for renting and selling; real estate investment and rental, as well as the sale of premises; and warehouse, logistics, and rental and leasing businesses. In addition, the company is involved in operations of cinemas, department stores, and supermarkets. The company products are used in various applications, including functional garments and fabrics, healthcare, industrial and safety products, inflatable products, and optical electronic materials, as well as for use in shoes, and bags and luggage products. It has operations in Taiwan, Europe, Asia, North America, and internationally. The company was founded in 1952 and is headquartered in Taipei, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
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
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
TWD26.00 +0.00 (+0.00%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
372.4K
Beta
0.24
Float Shares
251.68M
Free Float %
82.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.99% -4.41% -4.22% -2.35% +4.39% +1.22% -5.31% +3.01% +3.48% +14.03% +62.75%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

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
26.00
DCF (Unlevered) 83.44 +220.9%
DCF (Levered) 58.00 +123.1%

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)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.91
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    -2.5% Q1'26: -16.6% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -11.6% Q1'26: -51.1% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +46.1% Q1'26: +57.0% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +42.4% Q1'26: +18.9% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +7.0% Q1'26: +2.6% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +0.1% Q1'26: +0.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    1.86× Q1'26: 5.49× (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 (0.27) × ERP
WACC = 85% × Ke + 15% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 83.44 Current price: 26.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

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

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 3/5 4/5 2/5 3/5 5/5
2026-05-11 A 4/5 5/5 3/5 4/5 2/5 3/5 5/5
2026-05-08 A 4/5 5/5 3/5 5/5 2/5 3/5 5/5
2026-05-07 A 4/5 5/5 3/5 5/5 2/5 3/5 5/5
2026-05-06 A 4/5 5/5 3/5 5/5 2/5 3/5 5/5
2026-05-05 A 4/5 5/5 3/5 5/5 2/5 3/5 5/5
2026-05-04 A 4/5 5/5 3/5 5/5 2/5 3/5 5/5
2026-04-30 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-29 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-28 A 4/5 5/5 3/5 5/5 2/5 3/5 4/5
2026-04-27 A- 4/5 5/5 3/5 5/5 2/5 2/5 4/5
2026-04-24 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-23 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-22 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-21 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-20 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-17 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5
2026-04-16 A- 4/5 5/5 3/5 5/5 1/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
586.75M
OE per share TTM
1.93
Owner's Yield
7.32%
Maintenance CapEx ratio
17.60%
Maint CapEx / Avg PPE
38.6%

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 16 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.01% 47.9K 0.65%
2 Vanguard FTSE All-World ex-US Small-Cap ETF VSS 0.00% 470.3K 0.06%
3 Vanguard FTSE Emerging Markets Shares ETF VGE.AX 0.00% 16.7K 0.48%
4 Vanguard FTSE Emerging Markets All Cap Index ETF VEE.TO 0.00% 37.7K 0.26%
5 Vanguard FTSE Emerging Markets ETF VWO 0.00% 1.86M 0.06%
6 Vanguard ESG International Stock ETF VSGX 0.00% 38.8K 0.10%
7 Vanguard Total International Stock ETF VXUS 0.00% 2.43M 0.05%
8 Vanguard Total World Stock ETF VT 0.00% 237.9K 0.06%
9 Avantis Emerging Markets Equity ETF AVEM 0.00% 62.3K 0.33%
10 Vanguard FTSE Global All Cap ex Canada Index ETF VXC.TO 0.00% 3.0K 0.22%

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
3.10M
Shares Outstanding
303.59M

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
Cheng Tsai Hsu Chief Strategy Officer & Chairman 14M male
Zhen-Ji Hsu President 11M male
Zhen-Xin Hsu Special Assistant & Representative Director 9M male
Hui Xian Huang Assistant managerial officer 4M
Zheng-Zhong Hsiao Assistant managerial officer 4M
Sheng Yuan Cheng Supervisor of Management & Construction Department 2M
Ming-De Shi Head of Accounting & Head of Corporation Governance 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

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits