Formosa Plastics Corporation

TWSE:1301 Stock Report

Market Cap: NT$431.0b

Formosa Plastics Future Growth

Future criteria checks 3/6

Formosa Plastics is forecast to grow earnings and revenue by 51.3% and 5% per annum respectively. EPS is expected to grow by 49.7% per annum. Return on equity is forecast to be 5.8% in 3 years.

Key information

51.3%

Earnings growth rate

49.7%

EPS growth rate

Chemicals earnings growth42.6%
Revenue growth rate5.0%
Future return on equity5.8%
Analyst coverage

Good

Last updated08 May 2024

Recent future growth updates

Recent updates

Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt

Apr 23
Formosa Plastics (TWSE:1301) Is Making Moderate Use Of Debt

Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be

Mar 28
Formosa Plastics Corporation (TWSE:1301) Analysts Are More Bearish Than They Used To Be

Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

Mar 14
Formosa Plastics' (TWSE:1301) Anemic Earnings Might Be Worse Than You Think

What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Feb 26
What You Can Learn From Formosa Plastics Corporation's (TWSE:1301) P/S

Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Apr 17
Investors In Formosa Plastics Corporation (TPE:1301) Should Consider This, First

Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Mar 18
Will The ROCE Trend At Formosa Plastics (TPE:1301) Continue?

Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Feb 27
Are Investors Undervaluing Formosa Plastics Corporation (TPE:1301) By 34%?

Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

Feb 06
Formosa Plastics (TPE:1301) Has Compensated Shareholders With A Respectable 53% Return On Their Investment

Earnings and Revenue Growth Forecasts

TWSE:1301 - Analysts future estimates and past financials data (TWD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/2026215,55325,240N/AN/A2
12/31/2025219,42422,93512,00223,8097
12/31/2024204,53213,5988,19711,5747
3/31/2024195,0345,216-8,7166,737N/A
12/31/2023199,1397,338-7,4796,157N/A
9/30/2023202,4622,84646413,376N/A
6/30/2023207,3791,93521,35832,962N/A
3/31/2023232,85721,91125,20138,464N/A
12/31/2022251,64736,14342,01556,802N/A
9/30/2022274,98860,38649,27865,070N/A
6/30/2022286,27273,94038,70556,809N/A
3/31/2022284,00072,96944,30562,122N/A
12/31/2021273,59871,35539,57857,859N/A
9/30/2021253,82765,21537,02554,475N/A
6/30/2021233,06556,25130,50046,369N/A
3/31/2021204,39635,39031,78644,583N/A
12/31/2020185,81320,03622,34731,444N/A
9/30/2020179,73012,47718,31829,216N/A
6/30/2020183,27017,80329,55240,517N/A
3/31/2020196,85628,79021,69836,093N/A
12/31/2019207,84937,32429,23546,580N/A
9/30/2019215,64936,50530,75846,247N/A
6/30/2019223,30839,00930,12049,806N/A
3/31/2019229,21545,80738,65955,971N/A
12/31/2018230,37049,55034,77950,507N/A
9/30/2018227,08560,07232,56247,584N/A
6/30/2018223,19258,81940,56549,838N/A
3/31/2018213,08151,37642,47050,359N/A
12/31/2017206,71049,383N/A46,070N/A
9/30/2017204,08948,584N/A50,382N/A
6/30/2017192,75343,053N/A35,552N/A
3/31/2017185,18743,570N/A30,267N/A
12/31/2016180,17339,393N/A36,548N/A
9/30/2016175,57233,179N/A36,927N/A
6/30/2016180,42232,314N/A32,980N/A
3/31/2016186,63132,946N/A35,695N/A
12/31/2015191,54530,877N/A40,832N/A
9/30/2015195,92924,504N/A32,162N/A
6/30/2015204,27521,461N/A27,856N/A
3/31/2015212,29614,336N/A24,593N/A
12/31/2014216,58917,875N/A13,438N/A
9/30/2014222,30524,035N/A16,076N/A
6/30/2014220,10923,031N/A10,039N/A
3/31/2014217,37022,399N/A13,497N/A
12/31/2013215,42520,716N/A16,268N/A
9/30/2013208,59818,015N/A16,356N/A
6/30/2013203,52619,680N/A24,850N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1301's forecast earnings growth (51.3% per year) is above the savings rate (1%).

Earnings vs Market: 1301's earnings (51.3% per year) are forecast to grow faster than the TW market (19.2% per year).

High Growth Earnings: 1301's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1301's revenue (5% per year) is forecast to grow slower than the TW market (10.7% per year).

High Growth Revenue: 1301's revenue (5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1301's Return on Equity is forecast to be low in 3 years time (5.8%).

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