>
Formosa Taffeta Co logo

1434 - Formosa Taffeta Co Share Price

TWD33.3 0.8  2.5%

Last Trade - 05/05/21

Sector
Consumer Cyclicals
Size
Mid Cap
Market Cap £1.44bn
Enterprise Value £1.67bn
Revenue £741.5m
Position in Universe 712th / 6095
Bullish
Bearish
Unlock 1434 Revenue
Momentum
Relative Strength (%)
1m +5.72%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -16.6%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
42,873 39,849 40,706 35,760 36,648 28,783 49,503 -7.7%
-15.6 +21.5 +16.6 -21.9 +20.1 -47.4 +100.7
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the fiscal year ended 31 December 2020, FormosaTaffeta Co Ltd revenues decreased 21% to NT$28.78B. Netincome before extraordinary items decreased 47% to NT$2.1B.Revenues reflect The First Business Group segment decreaseof 24% to NT$11.81B, Gasoline Products Department segmentdecrease of 20% to NT$9.41B, Domestic segment decrease of41% to NT$21.35B, Asia segment decrease of 23% to NT$7.45B.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

1434 Revenue Unlock 1434 Revenue

Net Income

1434 Net Income Unlock 1434 Revenue

Normalised EPS

1434 Normalised EPS Unlock 1434 Revenue

PE Ratio Range

1434 PE Ratio Range Unlock 1434 Revenue

Dividend Yield Range

1434 Dividend Yield Range Unlock 1434 Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
1434 EPS Forecasts Unlock 1434 Revenue
Profile Summary

Formosa Taffeta Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of textile products, as well as the operation of gas stations. The weaving business, dyeing business and works business are engaged in the provision of blended fabrics, staple fiber fabrics, long and short woven fabrics, polyamine and polyester fabrics, and various plain woven fabrics. The cords business and industrial materials business are engaged in the provision of polyamine and polyester tire cords, pure cotton yarns, blended yarns, functional yarns, special protective yarns and fabrics, medical care fabrics, bulletproof fabrics, carbon fiber fabrics, composite fabrics and plastic bags. The oil products business is engaged in the operation of gas stations to sell gasoline, diesel and kerosene products, and the provision of car wash services. The formosa technology business is engaged in the assembly, testing, module processing, research and development of various integrated circuits.

Directors
Last Annual December 31st, 2020
Last Interim December 31st, 2020
Incorporated April 19, 1973
Public Since December 24, 1985
No. of Shareholders: n/a
No. of Employees: 7,625
Sector Consumer Cyclicals
Industry Textiles & Apparel
Index Taiwan SE Weighted ,
Exchange Taiwan Stock Exchange
Shares in Issue 1,682,472,000
Free Float (0.0%)
Eligible for
ISAs
SIPPs
1434 Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for 1434
Upcoming Events for 1434
Frequently Asked Questions for Formosa Taffeta Co
What is the Formosa Taffeta Co share price?

As of 05/05/21, shares in Formosa Taffeta Co are trading at TWD33.3, giving the company a market capitalisation of £1.44bn. This share price information is delayed by 15 minutes.

How has the Formosa Taffeta Co share price performed this year?

Shares in Formosa Taffeta Co are currently trading at TWD33.3 and the price has moved by -0.3% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Formosa Taffeta Co price has moved by -36.83% over the past year.

What are the analyst and broker recommendations for Formosa Taffeta Co?

Of the analysts with advisory recommendations for Formosa Taffeta Co, there are there are currently 0 "buy" , 1 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Formosa Taffeta Co is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Formosa Taffeta Co next release its financial results?

Formosa Taffeta Co is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Formosa Taffeta Co dividend yield?

The Formosa Taffeta Co dividend yield is 3% based on the trailing twelve month period.

Does Formosa Taffeta Co pay a dividend?

Last year, Formosa Taffeta Co paid a total dividend of 1, and it currently has a trailing dividend yield of 3%. Looking ahead, Formosa Taffeta Co has not announced an ex-dividend date yet.

When does Formosa Taffeta Co next pay dividends?

Formosa Taffeta Co has yet to annouce their ex-dividend date. The historic dividend yield on Formosa Taffeta Co shares is currently 3%.

How do I buy Formosa Taffeta Co shares?

To buy shares in Formosa Taffeta Co you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Formosa Taffeta Co?

Shares in Formosa Taffeta Co are currently trading at TWD33.3, giving the company a market capitalisation of £1.44bn.

Where are Formosa Taffeta Co shares listed? Where are Formosa Taffeta Co shares listed?

Here are the trading details for Formosa Taffeta Co:

Country of listing: Taiwan
Exchange: TAI
Ticker Symbol: 1434
What kind of share is Formosa Taffeta Co?

Based on an overall assessment of its quality, value and momentum, Formosa Taffeta Co is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Formosa Taffeta Co share price forecast 2021?

Shares in Formosa Taffeta Co are currently priced at TWD33.3. At that level they are trading at 9.91% premium to the analyst consensus target price of 0.00.

Analysts covering Formosa Taffeta Co currently have a consensus Earnings Per Share (EPS) forecast of 2.5 for the next financial year.

How can I tell whether the Formosa Taffeta Co share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Formosa Taffeta Co. Over the past six months, the relative strength of its shares against the market has been -14.99%. At the current price of TWD33.3, shares in Formosa Taffeta Co are trading at 7.07% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Formosa Taffeta Co PE Ratio?

The Formosa Taffeta Co PE ratio based on its reported earnings over the past 12 months is 26.73. The shares are currently trading at TWD33.3.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Formosa Taffeta Co?

Formosa Taffeta Co's management team is headed by:

Wen Yuan Wong - CHM
Shih-Ming Hsie - VCH
Man-Chun Lee - DRC
Ming-Chang Lee - GMG
Fu-Yuan Hong - DRC
Tien-Shuan Tsai - DGM
Ming-Der Hsieh - DRC
Hung-Ning Cheng - OTH
Wen-Chin Lu - DRC
Chun-Nan Lin - DGM
Nianxiong Guo - IND
Who are the major shareholders of Formosa Taffeta Co?

Here are the top five shareholders of Formosa Taffeta Co based on the size of their shareholding:

Formosa Chemicals & Fibre Corp Corporation
Percentage owned: 37.4% (630.0m shares)
Chang Gung Medical Foundation Corporation
Percentage owned: 5.79% (97.6m shares)
Yuanta Securities Investment Trust Co., Ltd. Investment Advisor/Hedge Fund
Percentage owned: 3.86% (65.0m shares)
Yuanta/P-shares Taiwan Dividend Plus ETF Mutual Fund
Percentage owned: 3.81% (64.2m shares)
Yu Yuang Textile Co., Ltd. Corporation
Percentage owned: 2.55% (43.0m shares)
Similar to 1434
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.