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Formosa Plastics (TPE:1301) EV-to-EBIT : 50.21 (As of May. 07, 2024)


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What is Formosa Plastics EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formosa Plastics's Enterprise Value is NT$457,463 Mil. Formosa Plastics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was NT$9,111 Mil. Therefore, Formosa Plastics's EV-to-EBIT for today is 50.21.

The historical rank and industry rank for Formosa Plastics's EV-to-EBIT or its related term are showing as below:

TPE:1301' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.35   Med: 13.28   Max: 137.57
Current: 50.21

During the past 13 years, the highest EV-to-EBIT of Formosa Plastics was 137.57. The lowest was 5.35. And the median was 13.28.

TPE:1301's EV-to-EBIT is ranked worse than
84.84% of 1227 companies
in the Chemicals industry
Industry Median: 17.29 vs TPE:1301: 50.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formosa Plastics's Enterprise Value for the quarter that ended in Dec. 2023 was NT$522,394 Mil. Formosa Plastics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was NT$9,111 Mil. Formosa Plastics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.74%.


Formosa Plastics EV-to-EBIT Historical Data

The historical data trend for Formosa Plastics's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formosa Plastics EV-to-EBIT Chart

Formosa Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.43 22.48 6.82 11.81 57.34

Formosa Plastics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.81 19.89 135.75 105.25 57.34

Competitive Comparison of Formosa Plastics's EV-to-EBIT

For the Specialty Chemicals subindustry, Formosa Plastics's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Formosa Plastics's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Formosa Plastics's EV-to-EBIT falls into.



Formosa Plastics EV-to-EBIT Calculation

Formosa Plastics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=457463.112/9110.598
=50.21

Formosa Plastics's current Enterprise Value is NT$457,463 Mil.
Formosa Plastics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$9,111 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Formosa Plastics  (TPE:1301) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Formosa Plastics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=9110.598/522393.591
=1.74 %

Formosa Plastics's Enterprise Value for the quarter that ended in Dec. 2023 was NT$522,394 Mil.
Formosa Plastics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$9,111 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Formosa Plastics EV-to-EBIT Related Terms

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Formosa Plastics (TPE:1301) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.

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