Formosa Plastics (TPE:1301) FCF Yield % : -1.70 (As of May. 07, 2024)

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What is Formosa Plastics FCF Yield %?

FCF Yield % is calculated as Free Cash Flow divided by Market Capitalization. It is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

As of today, Formosa Plastics's Trailing 12-Month Free Cash Flow is NT$-7,479 Mil, and Market Cap is NT$439,236 Mil. Therefore, Formosa Plastics's FCF Yield % for today is -1.70%.

The historical rank and industry rank for Formosa Plastics's FCF Yield % or its related term are showing as below:

TPE:1301' s FCF Yield % Range Over the Past 10 Years
Min: -1.75 Med: 5.06 Max: 9.64
Current: -1.7

During the past 13 years, the highest FCF Yield % of Formosa Plastics was 9.64%. The lowest was -1.75%. And the median was 5.06%.

TPE:1301's FCF Yield % is ranked worse than
62.74% of 1562 companies
in the Chemicals industry
Industry Median: 0.385 vs TPE:1301: -1.70

Formosa Plastics's FCF Margin % for the quarter that ended in Dec. 2023 was -12.06%.

Formosa Plastics FCF Yield % Historical Data

The historical data trend for Formosa Plastics's FCF Yield % 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 FCF Yield % Chart

Formosa Plastics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

FCF Yield %

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4.49

3.64

5.98

7.60

-1.48

Formosa Plastics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
FCF Yield %	Get a 7-Day Free Trial															1.58	-3.65	-3.37	6.46	-4.57

Competitive Comparison of Formosa Plastics's FCF Yield %

For the Specialty Chemicals subindustry, Formosa Plastics's FCF Yield %, along with its competitors' market caps and FCF Yield % 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 FCF Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's FCF Yield % distribution charts can be found below:

* The bar in red indicates where Formosa Plastics's FCF Yield % falls into.

Formosa Plastics FCF Yield % Calculation

FCF Yield % is a financial solvency ratio that compares the free cash flow a company is expected to earn against its market value.

Formosa Plastics's FCF Yield % for the fiscal year that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	/	Market Cap
	=	-7479.284	/	504166.608
	=	-1.48%

Formosa Plastics's annualized FCF Yield % for the quarter that ended in Dec. 2023 is calculated as

FCF Yield %	=	Free Cash Flow	*	Annualized Factor	/	Market Cap
	=	-5757.667	*	4	/	504166.608
	=	-4.57%

Formosa Plastics FCF Yield % Explanation

Similar to Earnings Yield %, FCF Yield % is financial solvency ratio. A lower ratio suggests a less attractive investment, indicating that investors might not receive substantial returns in proportion to their investment. Conversely, a high free cash flow yield signals that a company generates sufficient cash to comfortably meet its debts, obligations, and dividend payments, making it a promising investment choice.

Formosa Plastics FCF Yield % Related Terms

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Formosa Plastics (TPE:1301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Formosa Plastics Corp (TPE:1301) » Definitions » FCF Yield %

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814

Website

http://www.fpc.com.tw

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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