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Formosa Taffeta TWSE:1434 Stock Report

Last Price

NT$18.80

Market Cap

NT$31.6b

7D

-2.3%

1Y

-25.4%

Updated

21 Dec, 2024

Data

Company Financials +

Formosa Taffeta Co., Ltd.

TWSE:1434 Stock Report

Market Cap: NT$31.6b

1434 Stock Overview

Operates in the textile industry in Taiwan and Asia. More details

1434 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Formosa Taffeta Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Formosa Taffeta
Historical stock prices
Current Share PriceNT$18.80
52 Week HighNT$25.30
52 Week LowNT$18.65
Beta0.15
1 Month Change-4.81%
3 Month Change-5.05%
1 Year Change-25.40%
3 Year Change-36.05%
5 Year Change-45.03%
Change since IPO-38.68%

Recent News & Updates

Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is Unlikely

Sep 28
Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is Unlikely

Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On Capital

Sep 05
Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On Capital

Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 15
Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Recent updates

Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is Unlikely

Sep 28
Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is Unlikely

Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On Capital

Sep 05
Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On Capital

Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Aug 15
Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Do Investors Have Good Reason To Be Wary Of Formosa Taffeta Co., Ltd.'s (TPE:1434) 8.1% Dividend Yield?

Dec 31
Do Investors Have Good Reason To Be Wary Of Formosa Taffeta Co., Ltd.'s (TPE:1434) 8.1% Dividend Yield?

Is Formosa Taffeta Co., Ltd. (TPE:1434) Popular Amongst Institutions?

Dec 16
Is Formosa Taffeta Co., Ltd. (TPE:1434) Popular Amongst Institutions?

Is Formosa Taffeta Co., Ltd.'s (TPE:1434) Stock On A Downtrend As A Result Of Its Poor Financials?

Nov 30
Is Formosa Taffeta Co., Ltd.'s (TPE:1434) Stock On A Downtrend As A Result Of Its Poor Financials?

Shareholder Returns

1434TW LuxuryTW Market
7D-2.3%-3.7%-2.1%
1Y-25.4%-1.9%25.6%

Return vs Industry: 1434 underperformed the TW Luxury industry which returned -1.9% over the past year.

Return vs Market: 1434 underperformed the TW Market which returned 25.6% over the past year.

Price Volatility

Is 1434's price volatile compared to industry and market?
1434 volatility
1434 Average Weekly Movement2.8%
Luxury Industry Average Movement3.3%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 1434 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1434's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19737,009Ming-Chang Leewww.ftc.com.tw

Formosa Taffeta Co., Ltd. operates in the textile industry in Taiwan and Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in dyeing, finishing, printing, and back-end processing of woven fabrics made of chemical filament.

Formosa Taffeta Co., Ltd. Fundamentals Summary

How do Formosa Taffeta's earnings and revenue compare to its market cap?
1434 fundamental statistics
Market capNT$31.63b
Earnings (TTM)NT$1.23b
Revenue (TTM)NT$28.36b

25.7x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1434 income statement (TTM)
RevenueNT$28.36b
Cost of RevenueNT$25.46b
Gross ProfitNT$2.90b
Other ExpensesNT$1.67b
EarningsNT$1.23b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.73
Gross Margin10.23%
Net Profit Margin4.34%
Debt/Equity Ratio25.0%

How did 1434 perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

68%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 23:48
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Formosa Taffeta Co., Ltd. is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jizong HuangE.Sun Securities Investment Consulting Co. Ltd.
Titan HorngIBTS Investment Consulting Co., Ltd.
Zhangni WangJih Sun Securities Investment Consulting Co., Ltd.