FPI Stock Overview
Formosa Prosonic Industries Berhad, together with its subsidiaries, designs, manufactures, and markets sound system products in Malaysia.
Formosa Prosonic Industries Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM3.24|
|52 Week High||RM4.62|
|52 Week Low||RM2.55|
|1 Month Change||-1.22%|
|3 Month Change||-14.51%|
|1 Year Change||26.07%|
|3 Year Change||90.59%|
|5 Year Change||268.18%|
|Change since IPO||427.45%|
Recent News & Updates
Formosa Prosonic Industries Berhad (KLSE:FPI) Has Announced That It Will Be Increasing Its Dividend To RM0.20
Formosa Prosonic Industries Berhad ( KLSE:FPI ) will increase its dividend on the 28th of April to RM0.20, which is 43...
|FPI||MY Consumer Durables||MY Market|
Return vs Industry: FPI exceeded the MY Consumer Durables industry which returned -5.9% over the past year.
Return vs Market: FPI exceeded the MY Market which returned -3.1% over the past year.
|FPI Average Weekly Movement||4.8%|
|Consumer Durables Industry Average Movement||5.3%|
|Market Average Movement||5.8%|
|10% most volatile stocks in MY Market||11.6%|
|10% least volatile stocks in MY Market||3.1%|
Stable Share Price: FPI is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FPI's weekly volatility (5%) has been stable over the past year.
About the Company
|1989||2,810||Chao Yuan Shih||https://www.fp-group.com|
Formosa Prosonic Industries Berhad, together with its subsidiaries, designs, manufactures, and markets sound system products in Malaysia. The company offers wireless speakers; conventional speaker products, including home audio, home theatre audio, speaker unit, and plastic injection products, as well as custom installation services; and musical instruments, such as pianos, guitar amplifiers, and drums. It also provides original equipment manufacturing and original design manufacturing services for woodworking, plastic injection, driver units, and PCB assembly and finished-products assembly.
Formosa Prosonic Industries Berhad Fundamentals Summary
|FPI fundamental statistics|
Is FPI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|FPI income statement (TTM)|
|Cost of Revenue||RM800.60m|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.38|
|Net Profit Margin||10.32%|
How did FPI perform over the long term?See historical performance and comparison
6.2%Current Dividend Yield
Is Formosa Prosonic Industries Berhad undervalued compared to its fair value and its price relative to the market?
Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PB vs Industry
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FPI (MYR3.24) is trading above our estimate of fair value (MYR2.74)
Significantly Below Fair Value: FPI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FPI is good value based on its Price-To-Earnings Ratio (8.5x) compared to the MY Consumer Durables industry average (17.9x).
PE vs Market: FPI is good value based on its Price-To-Earnings Ratio (8.5x) compared to the MY market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FPI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FPI is overvalued based on its Price-To-Book Ratio (2x) compared to the MY Consumer Durables industry average (1.1x).
How is Formosa Prosonic Industries Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted Consumer Durables industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Formosa Prosonic Industries Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Formosa Prosonic Industries Berhad performed over the past 5 years?
Past Performance Score5/6
Past Performance Score 5/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FPI has a high level of non-cash earnings.
Growing Profit Margin: FPI's current net profit margins (10.3%) are higher than last year (6.9%).
Past Earnings Growth Analysis
Earnings Trend: FPI's earnings have grown significantly by 22.8% per year over the past 5 years.
Accelerating Growth: FPI's earnings growth over the past year (84.5%) exceeds its 5-year average (22.8% per year).
Earnings vs Industry: FPI earnings growth over the past year (84.5%) exceeded the Consumer Durables industry -11.3%.
Return on Equity
High ROE: FPI's Return on Equity (22.7%) is considered high.
How is Formosa Prosonic Industries Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: FPI's short term assets (MYR529.3M) exceed its short term liabilities (MYR222.1M).
Long Term Liabilities: FPI's short term assets (MYR529.3M) exceed its long term liabilities (MYR5.1M).
Debt to Equity History and Analysis
Debt Level: FPI is debt free.
Reducing Debt: FPI has not had any debt for past 5 years.
Debt Coverage: FPI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FPI has no debt, therefore coverage of interest payments is not a concern.
What is Formosa Prosonic Industries Berhad current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Future Dividend Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FPI's dividend (6.17%) is higher than the bottom 25% of dividend payers in the MY market (1.86%).
High Dividend: FPI's dividend (6.17%) is in the top 25% of dividend payers in the MY market (4.66%)
Stability and Growth of Payments
Stable Dividend: FPI's dividend payments have been volatile in the past 10 years.
Growing Dividend: FPI's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (51.2%), FPI's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (261.4%), FPI's dividend payments are not well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chao Yuan Shih (65 yo)
Mr. Chao Yuan Shih has been the Group Managing Director at Formosa Prosonic Industries Berhad Group of Companies since May 4, 1989. Mr. Shih is instrumental for the rapid growth and success at the FPI Grou...
Experienced Management: FPI's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: FPI's board of directors are seasoned and experienced ( 19.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Formosa Prosonic Industries Berhad's employee growth, exchange listings and data sources
- Name: Formosa Prosonic Industries Berhad
- Ticker: FPI
- Exchange: KLSE
- Founded: 1989
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Implied Market Cap: RM827.241m
- Shares outstanding: 255.32m
- Website: https://www.fp-group.com
Number of Employees
- Formosa Prosonic Industries Berhad
- Taiwanese Industrial Park
- 2, Jalan Sultan Mohamed 1
- Port Klang
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/05/24 00:00|
|End of Day Share Price||2022/05/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.