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Formosa Plastics (TPE:1301) EV-to-EBITDA : 30.30 (As of May. 14, 2024)


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What is Formosa Plastics EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Formosa Plastics's enterprise value is NT$469,151 Mil. Formosa Plastics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was NT$15,482 Mil. Therefore, Formosa Plastics's EV-to-EBITDA for today is 30.30.

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

TPE:1301' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.88   Med: 11.15   Max: 44.59
Current: 30.31

During the past 13 years, the highest EV-to-EBITDA of Formosa Plastics was 44.59. The lowest was 4.88. And the median was 11.15.

TPE:1301's EV-to-EBITDA is ranked worse than
77.08% of 1287 companies
in the Chemicals industry
Industry Median: 14.13 vs TPE:1301: 30.31

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-14), Formosa Plastics's stock price is NT$68.40. Formosa Plastics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was NT$0.810. Therefore, Formosa Plastics's PE Ratio for today is 84.44.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Formosa Plastics EV-to-EBITDA Historical Data

The historical data trend for Formosa Plastics's EV-to-EBITDA 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-EBITDA Chart

Formosa Plastics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.48 17.09 6.22 9.94 30.41

Formosa Plastics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA 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 15.24 44.00 39.68 30.41 30.59

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

For the Specialty Chemicals subindustry, Formosa Plastics's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA Distribution in the Chemicals Industry

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

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



Formosa Plastics EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=469151.037/15482.062
=30.30

Formosa Plastics's current Enterprise Value is NT$469,151 Mil.
Formosa Plastics's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$15,482 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-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Formosa Plastics's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=68.40/0.810
=84.44

Formosa Plastics's share price for today is NT$68.40.
Formosa Plastics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$0.810.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Formosa Plastics EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Formosa Plastics's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


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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