Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Formosan Union ChemicalTPE:1709 -1.75%70 EV-to-OCF is 22.39 as of Sep. 09, 2026, which is 85% above its 10-year median of 12.11. GuruFocus rates TPE:1709 with a GF Score™ of 70/100 and a GF Value™ of NT$19.09 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,616 Chemicals companies, Formosan Union Chemical ranks worse than 71.66% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Formosan Union Chemical's Enterprise Value is NT$16,115 Mil.
Formosan Union Chemical's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$720 Mil. Therefore, Formosan Union Chemical's EV-to-OCF for today is 22.39.
The historical rank and industry rank for Formosan Union Chemical's EV-to-OCF or its related term are showing as below:
TPE:1709'
s EV-to-OCF Range Over the Past 10 Years
Min: -66.46 Med: 12.11 Max: 425.85
Current: 22.66
During the past 13 years, the highest EV-to-OCF of Formosan Union Chemical was 425.85. The lowest was -66.46. And the median was 12.11.
TPE:1709's EV-to-OCF is ranked worse than 71.66% of 1616
companies
in the Chemicals industry
Industry Median: 11.45
vs TPE:1709: 22.66
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Formosan Union Chemical (TPE:1709) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Formosan Union Chemical's PE Ratio (TTM) for today is calculated as:
Formosan Union Chemical's share price for today is NT$33.60.
Formosan Union Chemical's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1.995.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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.
For the Chemicals subindustry, Formosan Union Chemical's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Formosan Union Chemical EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Formosan Union Chemical's EV-to-OCF falls into.
Formosan Union Chemical's current Enterprise Value is NT$16,115 Mil.
Formosan Union Chemical's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$720 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.
Formosan Union Chemical (TPE:1709) has a EV-to-OCF of 22.39 as of Sep. 09, 2026. This is 85% above median its historical median of 12.11. According to the industry distribution chart, Formosan Union Chemical ranks #1158 out of 1616 companies in the Chemicals industry, placing it in the top 71.7%.
Is Formosan Union Chemical's EV-to-OCF too high?
Formosan Union Chemical's current EV-to-OCF of 22.39 is 85% above median its 10-year median of 12.11. The Chemicals industry median EV-to-OCF is 11.45. Formosan Union Chemical's value of 22.39 is 95.5% above this industry median. Based on the distribution chart, Formosan Union Chemical ranks #1158 out of 1616 companies in the Chemicals industry, which is below the industry midpoint. Overall, Formosan Union Chemical has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosan Union Chemical's EV-to-OCF compare to DOW?
According to the Chemicals industry distribution chart, Formosan Union Chemical ranks #1158 out of 1616 companies for EV-to-OCF. This places Formosan Union Chemical in the lower half of its industry. The industry median EV-to-OCF is 11.45. Formosan Union Chemical's value of 22.39 is 95.5% above this benchmark. While the company's 10-year median is 12.11 vs. the industry median of 11.45, Formosan Union Chemical has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Chemicals company?
The median EV-to-OCF among Chemicals companies is 11.45, based on 1,616 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formosan Union Chemical's current EV-to-OCF of 22.39 is 95.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median EV-to-OCF is 11.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosan Union Chemical's current EV-to-OCF is 22.39, which is 85% above median its own 10-year median of 12.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Union Chemical stock overvalued right now?
Based on GuruFocus' analysis, Formosan Union Chemical (TPE:1709) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$19.09, compared to a current price of NT$33.60 — trading 76% above its estimated fair value. The current EV-to-OCF is 22.39, which is 85% above median its 10-year median of 12.11 and 95.5% above the Chemicals industry median of 11.45. Formosan Union Chemical's overall GF Score™ is 70/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Formosan Union Chemical (TPE:1709), the current EV-to-OCF is 22.39 as of Sep. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Formosan Union Chemical (TPE:1709) Overvalued in 2026?
Based on GuruFocus' analysis, Formosan Union Chemical stock appears to be overvalued.
The current stock price of NT$33.60 is trading 76% above its estimated GF Value™ of NT$19.09.
GuruFocus considers Formosan Union Chemical to be Significantly Overvalued.
Key valuation signals for TPE:1709:
EV-to-OCF: 22.39 (85% above median its 10-year median of 12.11)
GF Value™: NT$19.09 vs. price of NT$33.60 (76% above fair value)
Industry Position: 95.5% above the Chemicals median (#1158 of 1616)
No single metric tells the full story. See the TPE:1709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the production, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants, rubbers, and plastic anti-oxidant agents, among others.
70GF Score
Get the complete analysis for TPE:1709
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:1709 has been successfully added to your 
