Is Formosa Plastics stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Formosa Plastics pays dividends. Last time was Wednesday 21st of August 2024 where the investors holding the stock on Tuesday 23rd of July 2024 were paid TWD1 per share. Over the last 25 times between 2000 and 2024, Formosa Plastics has paid TWD84.45637 with an average of TWD3.38 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Formosa Plastics 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was TWD95.20, you would have made a loss of TWD-48.95 per share or -51.42%
Yes, the average daily trading liquidity for Formosa Plastics is TWD14.60 million. You should therefore be able to get in and out of your positions relatively fast.
Formosa Plastics has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.06, the company's ability to pay off the debt is limited. The company has a very low net profit margin of 2.67%, which is challenging.
We have calculated the inflation risk for Formosa Plastics to be medium [0.65 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.