5312 Stock Overview
Formosa Optical Technology Co.,Ltd. operates in the optical industry in Taiwan.
Formosa Optical TechnologyLtd Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||NT$58.40|
|52 Week High||NT$69.90|
|52 Week Low||NT$57.10|
|1 Month Change||-6.71%|
|3 Month Change||-5.35%|
|1 Year Change||-4.58%|
|3 Year Change||-4.26%|
|5 Year Change||-13.61%|
|Change since IPO||8.24%|
Recent News & Updates
|5312||TW Specialty Retail||TW Market|
Return vs Industry: 5312 underperformed the TW Specialty Retail industry which returned 3.5% over the past year.
Return vs Market: 5312 exceeded the TW Market which returned -9.8% over the past year.
|5312 Average Weekly Movement||2.0%|
|Specialty Retail Industry Average Movement||2.6%|
|Market Average Movement||5.1%|
|10% most volatile stocks in TW Market||8.4%|
|10% least volatile stocks in TW Market||2.5%|
Stable Share Price: 5312 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 5312's weekly volatility (2%) has been stable over the past year.
About the Company
|1981||n/a||Jun Xiong Lin||https://www.formosa-optical.com.tw|
Formosa Optical Technology Co.,Ltd. operates in the optical industry in Taiwan. The company offers lenses, frames, contact lenses, potions, sunglasses, and multifocal lenses through a network of optical stores.
Formosa Optical TechnologyLtd Fundamentals Summary
|5312 fundamental statistics|
Is 5312 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|5312 income statement (TTM)|
|Cost of Revenue||NT$1.21b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||4.17|
|Net Profit Margin||8.15%|
How did 5312 perform over the long term?See historical performance and comparison
7.4%Current Dividend Yield
Is 5312 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 5312?
Other financial metrics that can be useful for relative valuation.
|What is 5312's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 5312's PE Ratio compare to its peers?
|5312 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
2616 Shan-Loong TransportationLtd
2430 Tsann Kuen EnterpriseLtd
2947 Zhen Yu Hardware
5312 Formosa Optical TechnologyLtd
Price-To-Earnings vs Peers: 5312 is expensive based on its Price-To-Earnings Ratio (14x) compared to the peer average (13.1x).
Price to Earnings Ratio vs Industry
How does 5312's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?
Price-To-Earnings vs Industry: 5312 is expensive based on its Price-To-Earnings Ratio (14x) compared to the TW Specialty Retail industry average (13.3x)
Price to Earnings Ratio vs Fair Ratio
What is 5312's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||14x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 5312's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 5312 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 5312 (NT$58.4) is trading below our estimate of fair value (NT$337.1)
Significantly Below Fair Value: 5312 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Formosa Optical TechnologyLtd 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 Retail 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 Optical TechnologyLtd 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.
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- Examine Formosa Optical TechnologyLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
How has Formosa Optical TechnologyLtd performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 5312 has high quality earnings.
Growing Profit Margin: 5312's current net profit margins (8.1%) are lower than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: 5312's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: 5312's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 5312 had negative earnings growth (-19.7%) over the past year, making it difficult to compare to the Specialty Retail industry average (0.7%).
Return on Equity
High ROE: 5312's Return on Equity (9.5%) is considered low.
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How is Formosa Optical TechnologyLtd's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 5312's short term assets (NT$2.8B) exceed its short term liabilities (NT$1.8B).
Long Term Liabilities: 5312's short term assets (NT$2.8B) exceed its long term liabilities (NT$1.5B).
Debt to Equity History and Analysis
Debt Level: 5312 has more cash than its total debt.
Reducing Debt: 5312's debt to equity ratio has increased from 28.4% to 28.4% over the past 5 years.
Debt Coverage: 5312's debt is well covered by operating cash flow (122.4%).
Interest Coverage: 5312's interest payments on its debt are well covered by EBIT (19.1x coverage).
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What is Formosa Optical TechnologyLtd current dividend yield, its reliability and sustainability?
Dividend Score 5/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 5312's dividend (7.36%) is higher than the bottom 25% of dividend payers in the TW market (2.49%).
High Dividend: 5312's dividend (7.36%) is in the top 25% of dividend payers in the TW market (6.52%)
Stability and Growth of Payments
Stable Dividend: 5312's dividends per share have been stable in the past 10 years.
Growing Dividend: 5312's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (103.1%), 5312's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (33.7%), 5312's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jun Xiong Lin
Jun Xiong Lin serves as the President at Formosa Optical Technology Co. Ltd. and has been its Director since June 27, 2012.
Experienced Board: 5312's board of directors are seasoned and experienced ( 10.2 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 not been meaningfully diluted in the past year.
Formosa Optical Technology Co.,Ltd.'s employee growth, exchange listings and data sources
- Name: Formosa Optical Technology Co.,Ltd.
- Ticker: 5312
- Exchange: TPEX
- Founded: 1981
- Industry: Specialty Stores
- Sector: Retail
- Implied Market Cap: NT$3.507b
- Shares outstanding: 60.06m
- Website: https://www.formosa-optical.com.tw
- Formosa Optical Technology Co.,Ltd.
- No.97, Xintai, 5th Road
- 16 Floor
- New Taipei City
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/15 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.