Formosa Taffeta Co., Ltd. Logo

Formosa Taffeta Co., Ltd.

1434.TW

(2.2)
Stock Price

20,05 TWD

1.16% ROA

0.81% ROE

50.72x PER

Market Cap.

42.145.798.350,00 TWD

26.33% DER

5.99% Yield

1.56% NPM

Formosa Taffeta Co., Ltd. Stock Analysis

Formosa Taffeta Co., Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Formosa Taffeta Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.76x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (25%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

The company's consistent dividend distribution over the past five years reflects its dedication to providing shareholders with steady returns, making it an appealing choice for investors seeking income stability.

4 ROE

The stock's ROE falls within an average range (2.43%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (1.85%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (521) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Formosa Taffeta Co., Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Formosa Taffeta Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Formosa Taffeta Co., Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Formosa Taffeta Co., Ltd. Revenue
Year Revenue Growth
2006 37.908.738.000
2007 41.490.958.000 8.63%
2008 42.250.790.000 1.8%
2009 39.549.738.000 -6.83%
2010 49.268.234.000 19.73%
2011 53.205.645.000 7.4%
2012 50.289.486.000 -5.8%
2013 47.755.823.000 -5.31%
2014 48.191.112.000 0.9%
2015 42.872.570.000 -12.41%
2016 39.848.986.000 -7.59%
2017 40.705.664.000 2.1%
2018 44.545.053.000 8.62%
2019 36.762.189.000 -21.17%
2020 28.783.492.000 -27.72%
2021 32.799.007.000 12.24%
2022 34.722.655.000 5.54%
2023 28.574.004.000 -21.52%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Formosa Taffeta Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 39.830.000 100%
2010 41.262.000 3.47%
2011 47.030.000 12.26%
2012 47.108.000 0.17%
2013 48.399.000 2.67%
2014 50.326.000 3.83%
2015 52.197.000 3.58%
2016 53.925.000 3.2%
2017 59.813.000 9.84%
2018 80.976.000 26.13%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Formosa Taffeta Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 735.667.000
2007 905.801.000 18.78%
2008 810.337.000 -11.78%
2009 765.828.000 -5.81%
2010 722.234.000 -6.04%
2011 718.163.000 -0.57%
2012 753.851.000 4.73%
2013 766.888.000 1.7%
2014 898.922.000 14.69%
2015 918.716.000 2.15%
2016 939.161.000 2.18%
2017 890.287.000 -5.49%
2018 966.574.000 7.89%
2019 870.469.000 -11.04%
2020 800.683.000 -8.72%
2021 832.867.000 3.86%
2022 741.597.000 -12.31%
2023 726.800.000 -2.04%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Formosa Taffeta Co., Ltd. EBITDA
Year EBITDA Growth
2006 6.086.937.000
2007 7.838.119.000 22.34%
2008 7.633.135.000 -2.69%
2009 6.259.288.000 -21.95%
2010 9.257.632.000 32.39%
2011 10.733.072.000 13.75%
2012 8.254.155.000 -30.03%
2013 6.857.048.000 -20.37%
2014 7.751.040.000 11.53%
2015 6.809.268.000 -13.83%
2016 7.293.602.000 6.64%
2017 7.639.628.000 4.53%
2018 8.832.066.000 13.5%
2019 8.337.401.000 -5.93%
2020 3.773.030.000 -120.97%
2021 3.890.335.000 3.02%
2022 5.306.563.000 26.69%
2023 2.046.924.000 -159.25%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Formosa Taffeta Co., Ltd. Gross Profit
Year Gross Profit Growth
2006 4.444.482.000
2007 4.853.231.000 8.42%
2008 4.181.087.000 -16.08%
2009 4.467.392.000 6.41%
2010 6.463.507.000 30.88%
2011 6.684.428.000 3.31%
2012 4.664.772.000 -43.3%
2013 4.569.238.000 -2.09%
2014 5.739.762.000 20.39%
2015 6.139.631.000 6.51%
2016 5.494.107.000 -11.75%
2017 5.138.771.000 -6.91%
2018 5.281.046.000 2.69%
2019 3.759.840.000 -40.46%
2020 3.012.827.000 -24.79%
2021 4.173.570.000 27.81%
2022 3.768.751.000 -10.74%
2023 2.444.460.000 -54.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Formosa Taffeta Co., Ltd. Net Profit
Year Net Profit Growth
2006 3.403.894.000
2007 7.373.791.000 53.84%
2008 3.001.998.000 -145.63%
2009 91.320.000 -3187.34%
2010 4.090.144.000 97.77%
2011 2.078.345.000 -96.8%
2012 2.409.756.000 13.75%
2013 2.129.053.000 -13.18%
2014 3.518.374.000 39.49%
2015 2.828.679.000 -24.38%
2016 3.481.285.000 18.75%
2017 4.279.871.000 18.66%
2018 4.737.406.000 9.66%
2019 5.188.729.000 8.7%
2020 2.095.548.000 -147.61%
2021 2.143.167.000 2.22%
2022 3.404.981.000 37.06%
2023 200.440.000 -1598.75%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Formosa Taffeta Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 4 50%
2008 2 -300%
2009 0 0%
2010 2 100%
2011 1 -100%
2012 1 0%
2013 1 0%
2014 2 50%
2015 2 -100%
2016 2 50%
2017 3 0%
2018 3 0%
2019 3 33.33%
2020 1 -200%
2021 1 0%
2022 2 50%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Formosa Taffeta Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -850.236.000
2007 -1.364.435.000 37.69%
2008 2.992.299.000 145.6%
2009 4.707.725.000 36.44%
2010 2.705.533.000 -74%
2011 4.437.773.000 39.03%
2012 7.943.647.000 44.13%
2013 3.905.660.000 -103.39%
2014 3.927.632.000 0.56%
2015 3.226.115.000 -21.74%
2016 2.525.635.000 -27.73%
2017 3.490.233.000 27.64%
2018 1.003.524.000 -247.8%
2019 3.810.437.000 73.66%
2020 3.235.696.000 -17.76%
2021 1.963.251.000 -64.81%
2022 2.771.791.000 29.17%
2023 1.703.929.000 -62.67%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Formosa Taffeta Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 5.214.724.000
2007 5.297.560.000 1.56%
2008 7.648.511.000 30.74%
2009 6.927.067.000 -10.41%
2010 8.047.438.000 13.92%
2011 8.858.673.000 9.16%
2012 9.042.022.000 2.03%
2013 5.485.533.000 -64.83%
2014 5.820.795.000 5.76%
2015 6.002.146.000 3.02%
2016 4.903.770.000 -22.4%
2017 6.335.824.000 22.6%
2018 5.567.339.000 -13.8%
2019 6.751.805.000 17.54%
2020 4.218.754.000 -60.04%
2021 2.433.092.000 -73.39%
2022 3.624.078.000 32.86%
2023 1.851.662.000 -95.72%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Formosa Taffeta Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 6.064.960.000
2007 6.661.995.000 8.96%
2008 4.656.212.000 -43.08%
2009 2.219.342.000 -109.8%
2010 5.341.905.000 58.45%
2011 4.420.900.000 -20.83%
2012 1.098.375.000 -302.49%
2013 1.579.873.000 30.48%
2014 1.893.163.000 16.55%
2015 2.776.031.000 31.8%
2016 2.378.135.000 -16.73%
2017 2.845.591.000 16.43%
2018 4.563.815.000 37.65%
2019 2.941.368.000 -55.16%
2020 983.058.000 -199.21%
2021 469.841.000 -109.23%
2022 852.287.000 44.87%
2023 147.733.000 -476.91%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Formosa Taffeta Co., Ltd. Equity
Year Equity Growth
2006 48.940.476.000
2007 60.809.712.000 19.52%
2008 43.580.002.000 -39.54%
2009 51.408.384.000 15.23%
2010 57.791.197.000 11.04%
2011 54.295.124.000 -6.44%
2012 51.519.933.000 -5.39%
2013 51.247.392.000 -0.53%
2014 49.219.666.000 -4.12%
2015 52.699.135.000 6.6%
2016 66.748.150.000 21.05%
2017 69.379.395.000 3.79%
2018 74.968.690.000 7.46%
2019 64.223.900.000 -16.73%
2020 61.483.588.000 -4.46%
2021 62.243.859.000 1.22%
2022 55.767.215.000 -11.61%
2023 54.573.010.000 -2.19%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Formosa Taffeta Co., Ltd. Assets
Year Assets Growth
2006 74.068.819.000
2007 88.199.927.000 16.02%
2008 72.891.919.000 -21%
2009 79.097.734.000 7.85%
2010 87.201.349.000 9.29%
2011 83.267.357.000 -4.72%
2012 76.670.225.000 -8.6%
2013 76.618.380.000 -0.07%
2014 74.889.551.000 -2.31%
2015 80.055.055.000 6.45%
2016 92.030.096.000 13.01%
2017 94.703.035.000 2.82%
2018 93.026.493.000 -1.8%
2019 80.761.873.000 -15.19%
2020 79.462.058.000 -1.64%
2021 81.342.188.000 2.31%
2022 75.409.835.000 -7.87%
2023 72.864.997.000 -3.49%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Formosa Taffeta Co., Ltd. Liabilities
Year Liabilities Growth
2006 23.952.705.000
2007 24.338.439.000 1.58%
2008 26.608.420.000 8.53%
2009 24.852.088.000 -7.07%
2010 26.170.928.000 5.04%
2011 25.744.640.000 -1.66%
2012 22.085.580.000 -16.57%
2013 22.408.295.000 1.44%
2014 22.455.307.000 0.21%
2015 23.986.325.000 6.38%
2016 21.750.196.000 -10.28%
2017 21.520.465.000 -1.07%
2018 18.057.803.000 -19.18%
2019 16.537.973.000 -9.19%
2020 17.978.470.000 8.01%
2021 19.098.329.000 5.86%
2022 19.642.620.000 2.77%
2023 18.291.987.000 -7.38%

Formosa Taffeta Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
17.84
Net Income per Share
0.49
Price to Earning Ratio
50.72x
Price To Sales Ratio
1.41x
POCF Ratio
8.64
PFCF Ratio
10.61
Price to Book Ratio
0.77
EV to Sales
1.74
EV Over EBITDA
19.29
EV to Operating CashFlow
10.73
EV to FreeCashFlow
13.08
Earnings Yield
0.02
FreeCashFlow Yield
0.09
Market Cap
42,15 Bil.
Enterprise Value
51,95 Bil.
Graham Number
19.05
Graham NetNet
-3.59

Income Statement Metrics

Net Income per Share
0.49
Income Quality
5.07
ROE
0.01
Return On Assets
0.01
Return On Capital Employed
0.02
Net Income per EBT
0.75
EBT Per Ebit
0.59
Ebit per Revenue
0.04
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.02
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.09
Operating Profit Margin
0.04
Pretax Profit Margin
0.02
Net Profit Margin
0.02

Dividends

Dividend Yield
0.06
Dividend Yield %
5.99
Payout Ratio
2.99
Dividend Per Share
1.5

Operating Metrics

Operating Cashflow per Share
2.9
Free CashFlow per Share
2.38
Capex to Operating CashFlow
-0.18
Capex to Revenue
-0.03
Capex to Depreciation
-0.62
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
43.15
Days Payables Outstanding
20.04
Days of Inventory on Hand
104.37
Receivables Turnover
8.46
Payables Turnover
18.22
Inventory Turnover
3.5
Capex per Share
-0.52

Balance Sheet

Cash per Share
3,48
Book Value per Share
32,67
Tangible Book Value per Share
32.67
Shareholders Equity per Share
32.67
Interest Debt per Share
8.8
Debt to Equity
0.26
Debt to Assets
0.2
Net Debt to EBITDA
3.64
Current Ratio
2.9
Tangible Asset Value
52,80 Bil.
Net Current Asset Value
-1,08 Bil.
Invested Capital
0.26
Working Capital
11,27 Bil.
Intangibles to Total Assets
0.02
Average Receivables
3,68 Bil.
Average Payables
1,54 Bil.
Average Inventory
7943342500
Debt to Market Cap
0.34

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Formosa Taffeta Co., Ltd. Dividends
Year Dividends Growth
2000 0
2001 0 0%
2002 0 0%
2003 1 0%
2004 1 0%
2005 1 0%
2006 1 0%
2007 1 100%
2008 3 66.67%
2009 2 -200%
2010 1 0%
2011 2 100%
2012 1 -100%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 2 0%
2018 2 0%
2019 2 50%
2020 3 0%
2021 1 -100%
2022 1 0%
2023 2 0%

Formosa Taffeta Co., Ltd. Profile

About Formosa Taffeta Co., Ltd.

Formosa Taffeta Co., Ltd. operates in the textile industry in Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in researching, developing, warping, sizing, beaming, twisting, designing, weaving, dyeing, printing, and finishing fabrics and textured yarns. It provides polyamine, polyester, sports, functional, and medical fabrics; tire cord fabrics, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc.; cotton, blended, and MVS yarns; and nano far infrared ray, nano anion, germanium, fine diner, hollow section insulation, low-pilling, functional, comfort, eco-friendly, protective, and flame resistance fabrics, as well as protective fabrics of uniforms for military, police, and firefighter applications. The company also offers medical protective antibacterial, bullet proof, anti-puncture, carbon fiber fabrics, and PE plastic bags. In addition, it operates gasoline stations; and offers petroleum, as well as car washing services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliu, Taiwan.

CEO
Mr. Ming-Chang Lee
Employee
7.218
Address
No. 317, Shuliu Road
Douliou, 640

Formosa Taffeta Co., Ltd. Executives & BODs

Formosa Taffeta Co., Ltd. Executives & BODs
# Name Age
1 Mr. Shu-Ming Lee
Accounting Chief & Vice Director of Accounting Dept. of the General Mgmt. Div
70
2 Kuo-Yi Lee
Chief Audit Executive & AVice President of President Office of the General Management Division (Consultant)
70
3 Mr. Chien Kuan Lee
Vice President of First Business Segment & Director
70
4 Mr. Ming-Chang Lee
President & Director
70
5 Li-Jen Wu
Vice President
70
6 Mr. Kun-Yuan Chen
Vice President of the 2nd Business Segment
70
7 Mr. Jian-Kuan Lee
Vice President of the 1st Business Segment
70
8 Mr. Hung-Ning Cheng
Chief Financial Officer, Chief Corporate Governance Officer & Deputy Vice President of the General Management Division
70
9 Yi-Yung Lee
Chief Information Security Officer & Deputy Director of MIS center of the General Mgmt. Div.
70

Formosa Taffeta Co., Ltd. Competitors