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Formosa Taffeta TWSE:1434 Stock Report

Last Price

NT$22.45

Market Cap

NT$38.0b

7D

-0.4%

1Y

-13.5%

Updated

26 Jul, 2024

Data

Company Financials +

Formosa Taffeta Co., Ltd.

TWSE:1434 Stock Report

Market Cap: NT$38.0b

1434 Stock Overview

Operates in the textile industry in Taiwan and Asia.

1434 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends2/6

Formosa Taffeta Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Formosa Taffeta
Historical stock prices
Current Share PriceNT$22.45
52 Week HighNT$26.20
52 Week LowNT$22.00
Beta0.17
11 Month Change-0.88%
3 Month Change-0.22%
1 Year Change-13.49%
33 Year Change-31.03%
5 Year Change-34.74%
Change since IPO-26.77%

Recent News & Updates

Recent updates

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-0.4%-2.3%-2.3%
1Y-13.5%6.4%31.2%

Return vs Industry: 1434 underperformed the TW Luxury industry which returned 6.4% over the past year.

Return vs Market: 1434 underperformed the TW Market which returned 31.2% over the past year.

Price Volatility

Is 1434's price volatile compared to industry and market?
1434 volatility
1434 Average Weekly Movement2.0%
Luxury Industry Average Movement4.1%
Market Average Movement4.7%
10% most volatile stocks in TW Market8.5%
10% least volatile stocks in TW Market2.2%

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

Volatility Over Time: 1434's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19737,204Ming-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$38.02b
Earnings (TTM)NT$542.27m
Revenue (TTM)NT$28.02b

69.7x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1434 income statement (TTM)
RevenueNT$28.02b
Cost of RevenueNT$25.52b
Gross ProfitNT$2.49b
Other ExpensesNT$1.95b
EarningsNT$542.27m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin8.90%
Net Profit Margin1.94%
Debt/Equity Ratio24.9%

How did 1434 perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

155%

Payout Ratio

Does 1434 pay a reliable dividends?

See 1434 dividend history and benchmarks
When do you need to buy 1434 by to receive an upcoming dividend?
Formosa Taffeta dividend dates
Ex Dividend DateJul 31 2024
Dividend Pay DateAug 30 2024
Days until Ex dividend4 days
Days until Dividend pay date34 days

Does 1434 pay a reliable dividends?

See 1434 dividend history and benchmarks
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