Formosa Chemicals & Fibre Corp
TWSE:1326

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Formosa Chemicals & Fibre Corp
TWSE:1326
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Price: 25.05 TWD 0.8% Market Closed
Market Cap: 146.8B TWD

Relative Value

The Relative Value of one Formosa Chemicals & Fibre Corp stock under the Base Case scenario is 41.72 TWD. Compared to the current market price of 25.05 TWD, Formosa Chemicals & Fibre Corp is Undervalued by 40%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
41.72 TWD
Undervaluation 40%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
79
Median 3Y
1.1
Median 5Y
1.1
Industry
1.4
Forward
0.4
vs History
15
vs Industry
0
Median 3Y
38.4
Median 5Y
23.9
Industry
20
Forward
40
vs History
90
vs Industry
47
Median 3Y
14.8
Median 5Y
11.1
Industry
11.9
vs History
30
vs Industry
23
Median 3Y
26
Median 5Y
19.1
Industry
19.8
vs History
98
vs Industry
80
Median 3Y
1.1
Median 5Y
1.2
Industry
1.5
vs History
98
vs Industry
74
Median 3Y
1
Median 5Y
1.1
Industry
1.5
Forward
0.6
vs History
60
vs Industry
20
Median 3Y
17.7
Median 5Y
15.9
Industry
6.7
vs History
63
vs Industry
29
Median 3Y
18.8
Median 5Y
15.8
Industry
12
Forward
10.6
vs History
vs Industry
Median 3Y
-42.9
Median 5Y
10.1
Industry
16.2
Forward
-650.7
vs History
55
vs Industry
42
Median 3Y
14.8
Median 5Y
11
Industry
13
vs History
30
vs Industry
18
Median 3Y
29.3
Median 5Y
15.4
Industry
18.3
vs History
98
vs Industry
77
Median 3Y
0.9
Median 5Y
0.9
Industry
1.2

Multiples Across Competitors

Competitors Multiples
Formosa Chemicals & Fibre Corp Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
TW
Formosa Chemicals & Fibre Corp
TWSE:1326
146.5B TWD 0.4 386.2 14.5 -127.5
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
228.3B SAR 1.6 148.4 11.8 37.9
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
674.8T IDR 22.5 -579.7 -708.8 -708.8
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
33.8B USD 18.9 -488.5 -597.6 -597.6
US
Dow Inc
NYSE:DOW
21.2B USD 0.5 74.7 8.5 26.8
UK
LyondellBasell Industries NV
NYSE:LYB
19.3B USD 0.5 14.2 6.2 9.6
CN
Hengli Petrochemical Co Ltd
SSE:600346
109B CNY 0.5 15.7 19.1 19.1
IN
Solar Industries India Ltd
NSE:SOLARINDS
1.2T INR 16.5 102.9 65.6 72.1
KR
LG Chem Ltd
KRX:051910
17.6T KRW 0.4 -25.4 5.5 33.7
US
Westlake Corp
NYSE:WLK
12B USD 1 20 6.5 14.1
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
78.6B CNY 0.2 40.8 20.9 20.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
TW
Formosa Chemicals & Fibre Corp
TWSE:1326
Average EV/EBIT: 29.3
Negative Multiple: -127.5
N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
37.9
39%
1
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
Negative Multiple: -708.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
Negative Multiple: -597.6 N/A N/A
US
Dow Inc
NYSE:DOW
26.8
28%
1
UK
LyondellBasell Industries NV
NYSE:LYB
9.6
12%
0.8
CN
Hengli Petrochemical Co Ltd
SSE:600346
19.1
N/A N/A
IN
Solar Industries India Ltd
NSE:SOLARINDS
72.1
23%
3.1
KR
LG Chem Ltd
KRX:051910
33.7
109%
0.3
US
Westlake Corp
NYSE:WLK
14.1
22%
0.6
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
20.9
28%
0.7