Formosa Chemicals & Fibre Future Growth

Future criteria checks 3/6

Formosa Chemicals & Fibre is forecast to grow earnings and revenue by 35% and 0.9% per annum respectively. EPS is expected to grow by 31.4% per annum. Return on equity is forecast to be 7.3% in 3 years.

Key information

35.0%

Earnings growth rate

31.4%

EPS growth rate

Chemicals earnings growth	52.5%
Revenue growth rate	0.9%
Future return on equity	7.3%
Analyst coverage	Good
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Apr 08

Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Feb 26

Formosa Chemicals & Fibre Corporation (TPE:1326) Analysts Are More Bearish Than They Used To Be

Apr 16

Is Formosa Chemicals & Fibre (TPE:1326) A Risky Investment?

Apr 07

Can Formosa Chemicals & Fibre (TPE:1326) Turn Things Around?

Mar 08

Is Formosa Chemicals & Fibre Corporation (TPE:1326) Worth NT$85.6 Based On Its Intrinsic Value?

Feb 23

Formosa Chemicals & Fibre's (TPE:1326) Stock Price Has Reduced 24% In The Past Three Years

Feb 10

Are Dividend Investors Getting More Than They Bargained For With Formosa Chemicals & Fibre Corporation's (TPE:1326) Dividend?

Jan 22

What Kind Of Investors Own Most Of Formosa Chemicals & Fibre Corporation (TPE:1326)?

Jan 07

Does Formosa Chemicals & Fibre (TPE:1326) Have A Healthy Balance Sheet?

Dec 23

Formosa Chemicals & Fibre Corporation's (TPE:1326) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

Dec 08

The Returns On Capital At Formosa Chemicals & Fibre (TPE:1326) Don't Inspire Confidence

Nov 23

Earnings and Revenue Growth Forecasts

TWSE:1326 - Analysts future estimates and past financials data (TWD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	315,045	26,253	N/A	N/A	2
12/31/2025	354,165	18,653	10,877	27,924	9
12/31/2024	351,029	10,012	5,762	21,813	8
12/31/2023	332,620	8,549	-2,423	18,363	N/A
9/30/2023	330,990	925	-2,053	19,813	N/A
6/30/2023	334,904	-4,081	3,593	27,718	N/A
3/31/2023	367,526	531	-1,521	22,692	N/A
12/31/2022	379,897	7,360	9,761	32,732	N/A
9/30/2022	388,585	18,429	15,183	36,885	N/A
6/30/2022	388,972	25,452	7,098	25,499	N/A
3/31/2022	377,057	31,547	24,182	41,347	N/A
12/31/2021	365,812	38,359	22,574	38,729	N/A
9/30/2021	343,866	44,559	25,791	40,530	N/A
6/30/2021	312,893	48,289	34,159	49,405	N/A
3/31/2021	273,005	37,027	35,757	51,054	N/A
12/31/2020	253,295	19,545	30,528	46,213	N/A
9/30/2020	251,783	12,241	27,134	44,367	N/A
6/30/2020	267,018	11,319	34,748	52,601	N/A
3/31/2020	290,594	15,626	26,786	45,279	N/A
12/31/2019	315,385	28,498	42,039	59,013	N/A
9/30/2019	336,972	26,383	39,228	55,365	N/A
6/30/2019	369,219	33,807	48,158	65,521	N/A
3/31/2019	389,353	42,638	51,297	69,308	N/A
12/31/2018	399,074	47,349	42,187	60,632	N/A
9/30/2018	405,080	63,170	51,934	71,352	N/A
6/30/2018	385,647	61,513	53,775	69,666	N/A
3/31/2018	368,118	55,674	58,327	71,467	N/A
12/31/2017	358,421	54,411	59,358	71,240	N/A
9/30/2017	341,821	47,093	N/A	63,116	N/A
6/30/2017	333,559	43,942	N/A	50,867	N/A
3/31/2017	332,665	48,787	N/A	51,510	N/A
12/31/2016	319,205	43,833	N/A	59,713	N/A
9/30/2016	315,684	41,069	N/A	66,066	N/A
6/30/2016	314,946	33,931	N/A	59,541	N/A
3/31/2016	324,240	32,849	N/A	57,472	N/A
12/31/2015	329,349	27,578	N/A	67,373	N/A
9/30/2015	340,066	15,432	N/A	65,313	N/A
6/30/2015	361,589	15,069	N/A	62,594	N/A
3/31/2015	381,402	6,336	N/A	54,742	N/A
12/31/2014	401,454	10,528	N/A	32,988	N/A
9/30/2014	421,221	19,832	N/A	25,635	N/A
6/30/2014	428,945	21,829	N/A	22,462	N/A
3/31/2014	427,211	22,447	N/A	31,495	N/A
12/31/2013	428,000	24,864	N/A	39,044	N/A
9/30/2013	416,308	25,370	N/A	36,256	N/A
6/30/2013	399,081	22,174	N/A	45,296	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1326's forecast earnings growth (35% per year) is above the savings rate (1%).

Earnings vs Market: 1326's earnings (35% per year) are forecast to grow faster than the TW market (19.7% per year).

High Growth Earnings: 1326's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1326's revenue (0.9% per year) is forecast to grow slower than the TW market (10.5% per year).

High Growth Revenue: 1326's revenue (0.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1326's Return on Equity is forecast to be low in 3 years time (7.3%).

Formosa Chemicals & Fibre Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 14%

Consensus EPS estimates fall by 16%

Consensus EPS estimates fall by 16%

Consensus EPS estimates fall by 21%

Consensus EPS estimates fall by 12%

Consensus EPS estimates increase by 13%

Recent updates

Formosa Chemicals & Fibre Corporation to Report Q1, 2024 Results on May 07, 2024

Consensus EPS estimates increase by 14%

Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Consensus EPS estimates fall by 16%

Formosa Chemicals & Fibre Corporation, Annual General Meeting, Jun 18, 2024

New minor risk - Dividend sustainability

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Formosa Chemicals & Fibre Corporation Proposes Cash Dividend for the Year Ended December 31, 2023

Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Formosa Chemicals & Fibre Corporation Announces Location Change of the Stock Affair Unit

Second quarter 2023 earnings: Revenues miss analyst expectations

Now 20% undervalued after recent price drop

Consensus EPS estimates fall by 16%

Consensus EPS estimates fall by 21%

Consensus EPS estimates fall by 12%

Upcoming dividend of NT$0.95 per share at 1.4% yield

Formosa Chemicals & Fibre Corporation Announces Cash Dividend, Payable on July 14, 2023

Consensus EPS estimates increase by 13%

Full year 2022 earnings: Revenues miss analyst expectations

Consensus EPS estimates fall by 15%

Third quarter 2022 earnings: EPS exceeds analyst expectations

Consensus forecasts updated

Consensus forecasts updated

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Formosa Chemicals & Fibre Corporation Appoints Wang, Ching-Chang as Chief Information Security Officer, Effective from August 5, 2022

Formosa Chemicals & Fibre Corporation Resolves to Distribute Dividends

Upcoming dividend of NT$4.80 per share

First quarter 2022 earnings: EPS and revenues miss analyst expectations

Full year 2021 earnings: Revenues exceed analyst expectations

Third quarter 2021 earnings released: EPS NT$1.63 (vs NT$2.27 in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$2.12 (vs NT$0.20 in 2Q 2020)

Chairman Wen-Yuan Wong has left the company

Upcoming dividend of NT$2.50 per share

Consensus EPS estimates increase to NT$6.56

Consensus EPS estimates increase to NT$6.25

First quarter 2021 earnings released: EPS NT$2.20 (vs NT$0.79 loss in 1Q 2020)

Formosa Chemicals & Fibre Corporation (TPE:1326) Analysts Are More Bearish Than They Used To Be

Consensus EPS estimates fall to NT$5.35

Is Formosa Chemicals & Fibre (TPE:1326) A Risky Investment?

Consensus forecasts updated

Full year 2020 earnings released: EPS NT$3.34 (vs NT$4.89 in FY 2019)

Revenue and earnings beat expectations

Can Formosa Chemicals & Fibre (TPE:1326) Turn Things Around?

New 90-day high: NT$88.60

Is Formosa Chemicals & Fibre Corporation (TPE:1326) Worth NT$85.6 Based On Its Intrinsic Value?

Formosa Chemicals & Fibre's (TPE:1326) Stock Price Has Reduced 24% In The Past Three Years

Are Dividend Investors Getting More Than They Bargained For With Formosa Chemicals & Fibre Corporation's (TPE:1326) Dividend?

Price target raised to NT$85.80

What Kind Of Investors Own Most Of Formosa Chemicals & Fibre Corporation (TPE:1326)?

New 90-day high: NT$85.80

Does Formosa Chemicals & Fibre (TPE:1326) Have A Healthy Balance Sheet?

New 90-day high: NT$81.00

Formosa Chemicals & Fibre Corporation Announces Executive Changes, Effective January 1, 2021

Formosa Chemicals & Fibre Corporation's (TPE:1326) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?

New 90-day high: NT$80.10

The Returns On Capital At Formosa Chemicals & Fibre (TPE:1326) Don't Inspire Confidence

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS NT$2.27

New 90-day high: NT$74.20

Earnings beat expectations, revenue disappoints

Third quarter 2020 earnings released: EPS NT$2.26

Formosa Chemicals & Fibre Corporation(TSEC:1326) dropped from S&P Global 1200

Analysts lower EPS estimates to NT$2.41

First half earnings released

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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